TSE:4471Chemicals
Sanyo Chemical Industries (TSE:4471) Stock Revenue Strength Meets A Sharper EPS Reset
Sanyo Chemical Industries stock has been grinding higher in recent months, yet the real surprise in this quarter is what the income statement says about profit power. The market closed today with the shares at ¥5,870, still framed as cheaply valued on a trailing P/E of 11.5x against higher industry multiples. Inside the Q1 print, basic earnings per share of ¥211.52 and net income of ¥4,679 million stand out for a specialty chemicals business of this size. The key question now is whether that...