ASX:JYCSpecialty Retail
Joyce (ASX:JYC) Shares Reflect Rising Margins And A Deeper Value Gap
Joyce stock heads into the post result trade around A$6.50 after a solid year where the price has edged higher rather than racing away. The fundamental story is louder than the share move. Earnings over the last twelve months have risen much faster than the share price and net profit margins have improved to 6.4% from 5.0%.
The sentiment reckoning for Joyce is simple. The market is pricing the stock on a trailing P/E of 17.8x, while a discounted cash flow model points to a far higher...

