TSE:5121Auto Components
FUJIKURA COMPOSITES (TSE:5121) Stock Premium Meets Firmer Profit Margins
FUJIKURA COMPOSITES has been treading water in recent weeks, with the stock roughly flat over three months after a soft 7 day spell. The latest earnings provide a clearer message. Margins are quietly grinding higher and the company now sits on a trailing P/E of 12.5x, above both the auto components industry and peer averages. That creates a classic time horizon split for investors. Short term traders are debating the premium, while longer term holders are focusing on firmer profitability and...