ASX:EGHReal Estate
Eureka Group Holdings (ASX:EGH) Shares Face Margin Squeeze Despite Stronger Revenue
Eureka Group Holdings went into this result on a quiet tear, with the stock up about 15% over the past three months and flat over the past week, and now trading at A$0.665. The market clearly treated it as a steady compounder. The headline today is that the growth story is coming with thinner cushions. Trailing net profit margin sits at 29.5%, compared with 43.8% a year ago, and a A$9.8m one off gain is still flattering the earnings base that supports a 17.1x P/E.
Is Eureka Group Holdings now...