CPSE:TCMConsumer Durables
TCM Group (CPSE:TCM) Stock Faces Margin Repair And Debt Pressure
TCM Group stock closed at DKK67.6 on Friday, capping a run of weak short term returns with the shares down about 3% over both one month and three months. Yet behind that soft tape sits a kitchen maker that just printed Q2 revenue of DKK374.8m and kept full year guidance intact.
The real story is not the quarter’s modest earnings per share of DKK1.61. It is a business leaning on free cash flow and margin repair to support a low 9.3x trailing P/E and a balance sheet carrying high debt. The next...