TSE:3402Chemicals
Toray Industries (TSE:3402) Stock Runs Ahead Of Profit Recovery
Toray Industries stock walked into this earnings day with the wind at its back after double digit gains over 1, 3 and 12 months. The immediate question for you is whether that optimism now looks stretched. Q1 2027 brought earnings per share of ¥21.47 and trailing twelve month profit growth of 37.3%, while the share price already trades above a discounted cash flow estimate and at a richer P/E than the broader Japanese chemicals sector.
The sentiment reckoning is simple. Toray’s fundamentals...