ASX:SFCAuto Components
Schaffer (ASX:SFC) Shares Look Cheap Despite Five Year Earnings Slide
Schaffer stock has been grinding higher in recent weeks, yet at A$19.60 it still trades on a P/E of 12x that is below both the Australian market and the wider auto components peer group. The latest full year numbers put that value appeal under the spotlight. Earnings from continuing operations of A$24.831 million on A$210.899 million of trailing revenue translate into a net margin of 10.9%, only a touch above last year and set against a five year earnings decline. The gap between a value...