Overconfidence in the market a year ago led to a larger share price drop than the EPS decline. Despite recent sell-off, long-term investors have seen an 8% annual return over five years, hinting the sell-off could be an opportunity if long-term growth trend signs emerge.
Quick Intelligent EquipmentLtd's low P/E ratio reflects its poor earnings outlook. Investors foresee limited growth, willing to pay less for the stock. Without earnings improvement, the share price may stagnate.
Quick Intelligent EquipmentLtd's declined ROCE despite reinvestment doesn't promise substantial growth. Even though the stock returned 121% in five years, if current trends continue, multi-bagger returns aren't anticipated.
Given its high ROE and decent net income growth, Quick Intelligent EquipmentLtd appears to be in a favourable position, despite its high payout ratio. The company's growth and earnings are expected to gain momentum, according to current analyst estimates.
Quick Intelligent Equipment Stock Forum
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