TASE:AMOTReal Estate
Amot Investments (TASE:AMOT) Stock Price And Earnings Quality Come Into Focus
Amot Investments went into this earnings print with a soft three month share performance and a price of ₪18.4 that already looked inexpensive on an 11.1x P/E. The headline now is not revenue growth; it is earnings quality and what sits behind that profit line.
Trailing net profit margin of 67.1% and a large one off gain of ₪379.8m leave today’s result looking cleaner but also more exposed. The market reaction is effectively a referendum on whether investors trust those earnings or treat them...