Shenzhen Newway Photomask Making's high P/E ratio is justified by strong forecast growth, outpacing the wider market. Investors hold onto the stock, anticipating a prosperous future. The risk of earnings deterioration doesn't justify a lower P/E ratio, making a significant share price drop unlikely.
The upward trend in Shenzhen Newway Photomask Making's ROCE and its increased capacity to reinvest capital profitably make it stand out. Despite the overall stock decline, the promising ROCE trajectory and decreased reliance on current liabilities suggest a good future outlook.
Shenzhen Newway Photomask Making Stock Forum
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