Canny Elevator's P/E trails the market due to investor expectations of limited growth and unwillingness to pay more for the stock. These conditions form a barrier for the share price.
The slower EPS decline compared to the annual share price reduction may have disappointed investors. The divergence between TSR and share price return in Canny Elevator's case is largely explained by dividend payments.
Canny Elevator's rising ROCE indicates improved business efficiencies, but a high current liabilities ratio suggests some risk. A bright future for the stock is predicted if it maintains its ROCE trends.
Canny Elevator Stock Forum
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