TSE:6361Machinery
Is Ebara (TSE:6361) Priced Near Fair Value On Cash Flow?
Ebara has delivered a powerful run over the past few years, and the share price now bakes in a lot of expectations about the cash it can generate in the future. With the stock recently closing at ¥4,323, the key issue for you is whether those expectations line up with what its cash flows can realistically support.
Over the past 5 years the share price has gained about 321.8%, which puts real pressure on the question of whether the underlying cash flows are strong enough to underpin that kind...