DB:HG1Machinery
HOMAG Group (DB:HG1) Stock Rises On Margin Rebound And Valuation Questions
HOMAG Group came into this earnings release with a stock that had barely moved over the past month, yet the latest results tell a very different story. The company now carries a trailing P/E of 16.4x, below both the German machinery industry and peer averages, while still trading above a discounted cash flow estimate of €20.06 at €24.6. At the same time, net profit margins are reported as sharply higher than a year ago. The real question for you is whether this rebound in profitability is...