TSE:6856Electronic
HORIBA (TSE:6856): Assessing Valuation After a Strong 60% Share Price Gain This Year
HORIBA (TSE:6856) has quietly turned into one of Japan’s stronger compounders, with the share price climbing over 60% this year and roughly 76% over the past year on steady earnings growth.
See our latest analysis for HORIBA.
That sharp move has not come out of nowhere, with investors rewarding both HORIBA’s solid earnings progress and steady demand for its semiconductor and environmental testing equipment, as the 90 day share price return of just over 30 percent shows.
If HORIBA’s strong run...