Despite Shenzhen Jove Enterprise's recent share price hike, its P/S ratio aligns with industry median. However, poor three-year revenue trends and industry growth forecast hint at potential unsustainability of current P/S ratio, risking a share price drop.
Shenzhen Jove Enterprise's ROCE trend is worrying, suggesting potential loss of competitive edge or market share. Despite this, the stock has seen a 70% return over the past year, reflecting investor optimism. Yet, current trends don't promise well for long-term performance.
Investors may face disappointment if the company's P/S falls to levels more inline with its limited growth rates. Considering the company's recent medium-term revenue performance, current market conditions may indicate that the share price isn't fair value.
SHENZHEN JOVE ENTERPRISE LIMITED Stock Forum
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