TSE:7250Auto Components
Pacific Industrial (TSE:7250) Margin Decline Challenges Quality-Narrative Despite Discount to Fair Value
Pacific Industrial (TSE:7250) posted average annual earnings growth of 15.5% over the last five years, but its current earnings margin slipped to 6% from 8.2% a year earlier. Revenue is forecast to grow by 3.3% per year, slower than the overall Japanese market’s projected 4.5%, while earnings are expected to expand at 5.8% per year, also lagging the market’s 8% outlook. Despite the recent margin compression and negative earnings growth in the latest period, the company trades at ¥2,920 per...