The Innometry (KOSDAQ:302430) Share Price Has Gained 34% And Shareholders Are Hoping For More

Innometry Co., Ltd. (KOSDAQ:302430) shareholders might be concerned after seeing the share price drop 12% in the last month. Looking on the brighter side, the stock is actually up over twelve months. However, its return of 34% does fall short of the market return of, 56%.

View our latest analysis for Innometry

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During the last year Innometry grew its earnings per share (EPS) by 7.5%. The share price gain of 34% certainly outpaced the EPS growth. So it's fair to assume the market has a higher opinion of the business than it a year ago. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 66.45.

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

It might be well worthwhile taking a look at our free report on Innometry's earnings, revenue and cash flow.

A Different Perspective

We're happy to report that Innometry are up 35% over the year (even including dividends). While it's always nice to make a profit on the stock market, we do note that the TSR was no better than the broader market return of about 56%. The last three months haven't been great for shareholder returns, since the share price has trailed the market by 9.3% in the last three months. It might be that investors are more concerned about the business lately due to some fundamental change (or else the share price simply got ahead of itself, previously). It's always interesting to track share price performance over the longer term. But to understand Innometry better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Innometry (at least 1 which doesn't sit too well with us) , and understanding them should be part of your investment process.

We will like Innometry better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on KR exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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