Guru Donald Yacktman (Trades, Portfolio) is the founder of the Yacktman Asset Management and was also named Portfolio Manager of the Year by Morningstar in 1991. During the first quarter, Yacktman added to his stake in Hengan International Group to the Yacktman Focused Fund (Trades, Portfolio).
Hengan International Group was established in 1985. The company is mainly engaged in the manufacturing, distribution and sale of personal hygiene products (including sanitary napkins products, disposable diapers products and tissue papers products) and food and snack products in China, Hong Kong and certain overseas markets.
Hengan International Group has a market cap of HK$89.01 billion, a P/E ratio of 21.70, an enterprise value of HK$98.6 billion and a P/B ratio of 4.88.
Below is a Peter Lynch Chart for Hengan International Co. Ltd.
Hengan International Group has two good signs according to GuruFocus. The company is in operating expansion and the dividend yield is close to a 10-year high at 2.89%.
Yacktman likely increased his stake in Hengan International Group because of how strong the company's financial statements are. During the previous 10 years, the company revenue has grown an average rate of 25.40% annually. Hengan International's book value has also grown at an average rate of 24.10% annually over the previous 10 years, which is a great sign. The company has also seen significant growth in EBITDA at a rate of of 31.20% over the previous 10 years. All of these are good signs that could have influenced Yacktman's decision to add to his stake during the quarter.
Cheers to your investment success.
Disclosure: Author does not own any shares of this stock.
