TSE:9913Electronic
Nippo (TSE:9913) Stock Carries Premium Multiple As Margins Stay Tight
Nippo came into this earnings season with a premium story and a premium price tag, trading on a P/E of 19.6x versus an industry average of 16.6x, even after a rough 90 days where the stock fell about 20%. The headline from Q1 2027 is simple and uncomfortable. Revenue sits at ¥12,620 million and net income is ¥341 million. Despite this, the stock still carries a valuation that appears to price in a much smoother profit path than the recent volatility in earnings and margins suggests.
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