TSE:3660Specialty Retail
Istyle (TSE:3660) Stock Price Rallies As Valuation Gap Sharpens
istyle went into this earnings print with the stock already on a tear, up roughly 32% over the past three months and closing at ¥517 on Friday. The market has been treating it as a growth story in specialty retail. The latest quarter did not break that story. Q4 revenue came in at ¥22,113m and basic earnings per share landed at ¥10.54, both solid anchors for a trailing P/E of 17.2x that still sits above sector and peer averages. The gap between that multiple and the much higher DCF estimate...