TSE:212AHospitality
FIT EASY (TSE:212A) Stock Slips As Profit Growth Meets Valuation Strain
FIT EASY stock comes into this earnings season under pressure, with the share price down roughly 11% over the past week and 13% over the past month, even as the business just printed another quarter of solid profits. Q3 basic earnings per share landed at ¥37.15 on revenue of ¥3,917.71m, and on a trailing 12 month basis earnings sit at ¥125.65 per share with revenue of ¥13,473.22m. The gap between that earnings power and a P/E around 21x is an important consideration for long term holders...