TSE:1888Construction
Wakachiku Construction (TSE:1888) Stock Rises Above Fair Value Despite Profit Surge
The market has been warming to Wakachiku Construction, with the stock up about 11% over the past month, yet the latest earnings tell a more nuanced story. Q1 2027 net income reached ¥1,196m on revenue of ¥27,170m, which keeps the trailing 12 month earnings picture solid but not euphoric. The real tension today sits between a low P/E of 8.6x and a share price of ¥3,680 that already stands above a discounted cash flow value of ¥2,140.93. Traders appear to be cheering recent momentum, while...