SEHK:838Machinery
EVA Precision Industrial (SEHK:838) Stock Price Faces Doubts Despite Steady Earnings
The market has treated EVA Precision Industrial Holdings like a problem stock for months, with the share price down roughly 18% over 90 days and trading on a low P/E of 5.2x. Yet the latest half year numbers land with a very different tone. Revenue for H1 2026 sits at HK$3,070.139m and basic earnings per share come in at HK$0.08. This leaves the trailing twelve month P/E looking compressed against both the Hong Kong machinery industry and close peers.
Today is not just about a cheap stock. It...