NSE:7488Healthcare
Yagami (TSE:7488) Stock Income Appeal Runs Into Payout Strain
Yagami stock has been grinding higher, with a modest 7 day and 90 day gain, yet the real story sits in the earnings tape rather than the price chart. The market is paying up for this healthcare stock, with a P/E of 16.5x against lower sector averages, even as the latest look at the balance between earnings power and valuation raises harder questions.
The headline this season is strain. A rich multiple, a share price above estimated cash flow value and a 6.27% dividend that is not well covered...