TSE:6861Electronic
Keyence (TSE:6861) Stock Asks Whether Profit Strength Justifies Premium Valuation
Keyence heads into the post earnings trade with the stock around ¥77,590, roughly flat over the past month but still up over the last quarter. The headline today is simple: profit power is holding up against a rich valuation. Q1 2027 basic earnings per share came in at ¥573.68 on revenue of ¥346,621m, keeping the trailing net margin near 39.2%. That level of profitability sits on top of a P/E of 38.2x and a market price well above a discounted cash flow estimate. This is where the longer term...