TSE:8242Consumer Retailing
H2O Retailing (TSE:8242) Stock Slips Despite Sharp Profit Recovery
H2O Retailing stock has slipped in recent weeks, even as the latest quarter delivered quietly powerful numbers that do not match that softer mood. The headline is simple: profitability looks much stronger than the price suggests. Basic earnings per share for Q1 came in at ¥89.74 and trailing twelve month earnings per share now sit above ¥300, while the P/E multiple is 8.7x compared with higher industry averages. The market is trading the story as if the best days are already behind this...