TSE:8841Real Estate
TOC (TSE:8841) Stock Faces Valuation Doubts Despite Profit Margin Strength
TOC walked into this earnings season with a growth‑recovery label and a rich P/E story. Yet the stock closed at ¥932 after a mixed few months that included a 90 day slide of almost 20%. The headline from this quarter is clear. Profitability did the heavy lifting. Net income for Q1 2027 came in at ¥892 million with basic EPS at ¥10.11, while trailing net margin sits at 17.8% compared with 13.3% a year earlier. The share price now reflects a market trying to square that margin strength with a...