HLSE:EXELMachinery
Exel Composites (HLSE:EXEL) Stock Can Profit Recovery Justify A 46.1x P/E?
Exel Composites Oyj stock closed Friday at €13.45, after a strong run over the past quarter, yet the real story sits inside a very different set of numbers. Q2 put hard evidence on the table that the company has shifted from survival mode to earnings repair, with basic EPS at €0.21 on revenue of €34.8m. The headline is profit quality in a business that had reported losses only a year ago. Short term traders may fixate on the recent rally. Long term holders will focus on whether this new...