Currently DMP is valued as if next few years will have very low...

Currently DMP is valued as if next few years will have very low growth. Even if DMP achieves only additional 100 stores per year than the DMP forecast of 300 per year in all their markets , with the restructuring cost savings of 60m booked in and combined same store&margin improvement
of 3% per annum should bring EPS to $2.4.
That alone will take SP to $48 at PE of 20. If the current noise around Japan is removed, investors will be prepared to pay higher PE of up to 25 at least. This is compared to investors were paying PE of 40+ before and currently 28.
Let see what management have to say on 21st with official half year results.