Triangle Tyre Co.,Ltd's low P/E ratio is due to expected poor growth and declining earnings. Shareholders accept this as they foresee no future earnings surprises. Without improvement, the share price may stay at current levels.
The growth in Triangle TyreLtd's ROCE and its ability to reinvest capital profitably are promising signs. However, further due diligence is recommended given the company's promising fundamentals.
Analysts highlight a discrepancy between Triangle Tyre's rapid EPS growth and lukewarm stock performance, suggesting a market skepticism. However, the positive TSR underscored by dividends, signifies higher investment returns. This, coupled with current positive sentiments, could indicate a potential business momentum.
Analysts imply a certain market skepticism due to the difference between Triangle Tyre's strong EPS growth and its average share price. However, positive sentiments around the company potentially suggest business momentum, indicating a larger investment return for shareholders due to dividends.
Triangle Tyre Stock Forum
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