Despite a short-term ROCE dip, Konfoong Materials International's revenue and capital employed growth is promising. The stock's 28% gain over five years indicates it may still be a good investment.
Despite a recent share price drop, optimism towards Konfoong Materials International is still alive, evidenced by its high P/E ratio. Sustained EPS growth could suggest the recent sell-off might be an opportunity if the signs of long-term growth continue.
Analysts lower EPS estimates after disappointing earnings report, suggesting a drop in sentiment. Expected growth is in line with industry, indicating limited competitive advantage. The unaltered share price target suggests the results aren't significant enough to alter the company's intrinsic value.
Despite the downtrend in ROCE, it appears that Konfoong Materials International is investing for growth and reducing elements of risk, which could bode well for future profitability. The stock has grown 53% over the last five years, indicating investor confidence.
Konfoong Materials International Stock Forum
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