TSE:4685IT
Ryoyu Systems (TSE:4685) Stock Trades At A Discount As Profit Softens
Ryoyu Systems stock went into this earnings release quietly ahead of the close at ¥2,881, with short term returns only modestly positive and the last three months slightly in the red. The headline in the numbers is earnings power. Trailing twelve month basic earnings per share sit just under ¥300 and the P/E multiple sits below both domestic peers and the wider Japanese IT sector. The market is treating Ryoyu Systems as a low expectation story. The question now is whether this earnings print...