TSE:7735Semiconductor
SCREEN Holdings (TSE:7735) Stock Hit By Margin Squeeze After Profit Drop
SCREEN Holdings stock goes into this earnings day under pressure. The shares are down about 29% over the past month and roughly flat over the past week, even after closing at ¥11,730 on July 29. The headline from the new results is not the revenue line or earnings per share. It is the squeeze on profitability at a time when investors are already questioning the valuation.
Trailing net margin has slipped to 14.5% from 15.6% while the stock still trades on a P/E of 25.9x. In the short term,...