SGX:ITSSoftware
Info-Tech Systems (SGX:ITS) Stock Looks Cheap As Net Profit Surges
Info-Tech Systems stock closed at SGD0.965 on 12 August, capping a solid 30 day gain just under 10%. The immediate share price strength sets the tone, but the real story sits in the earnings power behind that move. Trailing twelve month earnings per share of SGD0.076 and a P/E of 12.7x, well below regional software peers, frame a company that is producing sizeable profit against a modest valuation.