Quants Research Institute Holdings, Inc. 9552

M&A Research Institute Holdings (TSE:9552) posted an annual revenue growth forecast of 14.4% and expects earnings to grow 17.5% per year, both well ahead of the wider Japanese market. However, net profit margin has slipped to 17.4% from last year’s 35%, and the company’s EPS is now coming off a negative growth period despite the optimistic forward outlook. With shares trading at ¥1267 and an estimated fair value of ¥1995.6, investors see a mix of longer-term growth prospects and short-term...