TSE:2217Food
Morozoff (TSE:2217) Stock Faces Losses And Thin Margins At 69.1x P/E
Morozoff heads into the weekend with a tired share price after recent weeks of grinding losses, yet the real story sits in the earnings line. Q2 brought a net loss of ¥124.051 million on revenue of ¥7,203.827 million, undercutting an already thin trailing net margin of 1.2%. For short term traders that sting is immediate. Long term holders are staring at something tougher: a confectionery business on a P/E of 69.1x and a discounted cash flow value far below the current ¥1,478 price.
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