TASE:BSENAerospace & Defense
Bet Shemesh Engines Holdings (1997) (TASE:BSEN) Stock Price Cools As Valuation Questions Grow
Bet Shemesh Engines Holdings (1997) closed today at ₪802 after a choppy month that left the stock down about 7% over 30 days, even though the past quarter and year tell a much richer profit story. The headline from Q2 is margin power and earnings strength. Net income excluding extra items came in at US$15.7m on US$91.4m of revenue, and trailing earnings from continuing operations reached US$56.2m with a 16% net margin. Against a P/E of 44.9x and a discounted cash flow value of ₪95.17, short...