TSE:4025Chemicals
Taki Chemical (TSE:4025) Stock Runs Ahead Of Fast Rising Earnings
Taki Chemical stock has been on a tear, with double digit gains over the past week and month even before the market fully absorbed yesterday’s Q2 earnings. The headline this time is simple: earnings are running hot, but the price tag is even hotter.
Profit margins have improved to 8.4% over the past year and earnings growth of 39.5% has turned heads. Yet the stock now trades on a P/E of 13.7x and sits far above an estimated cash flow value of ¥1,281.78. The real question for you is how long...