TSE:7510Electronic
Takebishi (TSE:7510) Margins Tick Higher, Reinforcing Stable but Capped Growth Narrative
Takebishi (TSE:7510) delivered 13.3% earnings growth in the most recent year, continuing a 12.9% annualized trend over the past five years. Net profit margins ticked up to 2.6% from 2.5% a year earlier, while revenue is forecast to grow at 4% per year, slightly below the 4.5% expected for the broader Japanese market. The company’s 11.7x Price-to-Earnings Ratio stands out as a value proposition compared to the industry average of 15.6x, but the shares currently trade at a modest premium to...