TSE:5851Machinery
Ryobi (TSE:5851) Stock Faces Profit Squeeze Despite Higher Revenue
Ryobi stock has quietly climbed over the past month, yet today’s Q2 print forces investors to confront a harsher reality. The share price closed at ¥2,735 on 6 August, but earnings power in this quarter looks thin. Basic earnings per share came in at ¥40.77 on revenue of ¥80,834m, which leaves net income of ¥1,297m feeling light for a company often pitched as a value workhorse on an 8.1x trailing P/E.
Like the value angle on Ryobi but worried this quarter’s thin earnings power points to a...