BME:CIEAuto Components
CIE Automotive (BME:CIE) Margin Improvement Reinforces Bullish Narratives Despite Slower Revenue Growth
CIE Automotive (BME:CIE) reported earnings growth of 24.4% per year over the past five years, with current net profit margins at 8.4%, up from last year's 8.2%. The company’s earnings are projected to grow by 6.6% per year, outpacing the local market’s 5.1%. Its Price-To-Earnings Ratio at 10.9x stands below both the industry average of 12.7x and its peer group’s 32.3x. For investors, the solid jump in profit margins and ongoing growth prospects set the stage for positive sentiment, even if...