XTRA:WSUMachinery
WashTec (XTRA:WSU) Earnings Up 22%—Profit Growth Strengthens Bullish Narrative on Value and Margins
WashTec (XTRA:WSU) delivered earnings growth of 22% over the past year, outpacing its five-year average annual earnings growth of 9.6%. Net profit margins improved to 6.9%, up from 6.1% a year ago. While earnings are forecast to grow at 11.6% per year, this is slower than the German market average of 17%. On valuation, WashTec trades at a price-to-earnings ratio of 16x, below both the peer group’s 20.2x and the German Machinery industry average of 19.4x, with shares currently priced under...