TSE:4463Chemicals
Nicca Chemical (TSE:4463) Stock Rallies on Stronger Margins and EPS Growth
Nicca Chemical hit today’s close at ¥2,006 after a strong run over the past month, yet the fresh Q2 numbers tell a more grounded story. The stock had already outperformed in the short term, while earnings per share over the trailing twelve months now stand at ¥209.56 with a P/E of 9.6x.
The real headline is profitability. Net profit margin on a trailing basis is 5.6%, compared with 4.6% a year earlier, which points you to earnings quality rather than hype as the main driver behind this latest...