TSE:2004Food
Showa Sangyo (TSE:2004) Stock Can Revenue Growth Sustain Flat Earnings
Showa Sangyo entered this quarter with a reputation as a steady, undervalued food stock and a share price that has moved only slightly over the past month. The market barely reacted at the close on 7 August, yet the Q1 numbers carry a clear message. Basic earnings per share of ¥88.96 sit alongside a trailing twelve month figure of ¥326.35, and the stock currently trades on a trailing P/E of 10.8x. For an income focused investor, that is paired with a 3.95% dividend yield that may be of...