TSE:3002Luxury
Gunze (TSE:3002) Stock Rebound Meets Dividend Strain And Rich Valuation
Gunze stock came into this earnings print already on a strong run, up about 15% over the past three months, and trading on a rich trailing P/E of 28.2x. The company has now put a sharper spotlight on that valuation. Earnings over the past year grew 44.2% and net profit margin sits at 3.6%, which is an improvement on the recent trend, yet the shares also screen above a discounted cash flow value of ¥3,213.21 and carry a 5.19% dividend that current earnings and free cash flow do not fully...