ENXTPA:ALSOGAerospace & Defense
Sogeclair (ENXTPA:ALSOG) Stock Keeps Value Appeal Despite Softer Sales
Sogeclair entered this earnings season with a reputation as a quietly cheap aerospace and defense stock. The price is still around €32.4 and the 30 day return is down about 4%, even as trailing 12 month earnings from continuing operations sit near €7.977 million and the stock trades on a reported P/E of 14.6x that is well below sector averages. The headline from this half year release is not rapid revenue growth but a profit picture that remains intact, which keeps the valuation gap in sharp...