BIT:ENAVInfrastructure
ENAV (BIT:ENAV) Stock Faces Premium Payout As Cash Flow Improves
ENAV stock has quietly ground higher, up about 7% over the past week and roughly flat over the past month, even as investors question whether its premium P/E of 27.1x can hold. The latest Q2 print gives fresh fuel to that debate. Revenue reached about €301m with net income of roughly €43m, and on a trailing basis earnings now support a net profit margin of 10.4%. The headline is simple. Earnings power is improving, yet the valuation remains rich, so the market now has to decide whether this...