TSE:6809Consumer Durables
TOA (TSE:6809) Stock Looks Cheap As Margins And EPS Climb
TOA stock closed at ¥1,657, roughly flat over the past month after a softer 90 day stretch, yet the latest earnings point to a very different story. The headline is margin power. Over the last twelve months TOA lifted net profit margin to 6.9% compared with 4.9% a year earlier, while earnings per share on a trailing basis reached ¥120.24.
For short term traders the Q1 numbers may look unexciting. For investors thinking in years, the combination of earnings growth and a P/E of 14.7x is the...