TSE:8111Luxury
Goldwin (TSE:8111) Stock Price Reflects a Sharper Profit Squeeze
Goldwin stock has been grinding lower in recent weeks, yet today’s Q1 print encourages a closer look beyond the recent price weakness. The headline is a profit squeeze. Quarterly basic earnings per share came in at ¥16.44 on revenue of ¥23,592m, while the trailing net profit margin has slipped to 16.9% compared with 18.2% a year earlier.
For short term traders, that compression in profitability helps explain current sentiment. Longer term investors will note a stock priced at about 12.3x...