CPSE:NETCIT
Netcompany (CPSE:NETC) Stock Growth Momentum Meets A Lingering Margin Squeeze
Netcompany Group stock closed at DKK327.0 on Thursday, with the market already pricing in a high growth story on a P/E of 52.3x. The latest quarter did little to settle the debate over whether that premium represents comfort or a potential cliff edge. Headline revenue for the first half reached DKK4.9b, with organic growth in the mid teens, and management raised full year revenue guidance.
The catch lies in profitability. A reported net profit margin of 3.3% for the last year and a recent one...