TSE:5982Machinery
Maruzen (TSE:5982) Margin Improvement Reinforces Bullish Narrative on Earnings Strength
Maruzen (TSE:5982) delivered annual earnings growth of 12.6%, with net profit margins rising to 7.4% from last year's 6.9%. Over the past five years, earnings have grown by an impressive 12.7% per year, and forward guidance calls for profits to increase at a 9% annual rate, topping the broader Japanese market’s pace. With a price-to-earnings ratio of 11.9x and shares trading below their estimated fair value, investors have cause to focus on consistently strong profit expansion, even as...