TSE:6832Semiconductor
AOI Electronics (TSE:6832) Stock Faces Rich Valuation Despite Profit Recovery
AOI Electronics stock heads into this earnings print with a mixed backdrop. The share price is up only about 1% over the last week and is still down sharply over the past month and quarter, while the trailing P/E has climbed to a rich 113.7x against a far lower semiconductor industry average. The headline this quarter is that AOI Electronics has returned to profit on a trailing 12 month basis after a sizeable one off loss, yet the market is treating the stock as a high expectation story that...