TSE:6645Electronic
Assessing OMRON (TSE:6645) Valuation After Weak 1 Year Returns And A Higher P/E Multiple
Event context and recent share performance
OMRON (TSE:6645) has recently drawn investor attention after a period of weaker share performance, with the stock showing a 1.1% gain over the past day but declines over the past week, month, and past 3 months.
That mixed picture, combined with the current share price of ¥3,917 and recent annual revenue and net income figures, is prompting some investors to reassess how the market is currently valuing OMRON’s broad automation and healthcare...