OM:FIREElectronic
Firefly (OM:FIRE) Stock Faces Valuation Strain Despite Profit Recovery
Firefly’s stock has been climbing in recent weeks, yet today’s earnings left the market weighing a different question. The headline is not revenue growth or a flashy guidance line. The real story is valuation strain. Firefly now trades on a trailing P/E of 20.4x against a discounted cash flow estimate of SEK97.74 per share, while the stock closed at SEK185. That gap forces investors to decide whether solid trailing earnings and a 10.5% net margin still justify paying up, or whether the...