Newland Digital Technology's P/S ratio remains low due to poor revenue performance and bleak revenue outlook. Market participants' pessimism about future growth is reflected in the reduced price they're willing to pay for the stock.
Newland Digital Technology Co.,Ltd.'s low P/S ratio is due to its forecasted growth being lower than the industry. Pessimism on the company's revenue prospects contributes to the depressed P/S, making a strong share price rise unlikely soon.
Newland Digital Technology Ltd's potential to boost returns on capital employed indicates bright future prospects. But, the market has yet to fully acknowledge these positive trends, given the stock's modest returns of only 38% over the last five years.
Newland Digital Technology Stock Forum
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