TSE:6785Electronic
Suzuki (TSE:6785) Stock Looks Cheap As Margins Strengthen
Suzuki Ltd walked into this earnings day with the stock under pressure, down over 8% in the past week and weaker across the last three months. Yet the latest results tell a calmer story. Full year revenue reached ¥40,445.8m and trailing basic earnings per share came in at ¥261.13, with net income from ongoing operations at ¥4,254.6m. The market is reacting to a stock that screens cheaper on a P/E of 11.4x than both peers and the wider Japanese electronics sector, while the core earnings power...