Interesting tip. I like companies like that. But I would have to do more research on competitors etc. before investing. I'll add it to my watchlist.
UPDATE: After a mini-research, the share still appears expensive with a P/E ratio >25. Comparable stocks have significantly lower P/E ratios ...
Of course, this is only a 30-second assessment, but I wouldn't go in just yet because it's overvalued.
UPDATE: After a mini-research, the share still appears expensive with a P/E ratio >25. Comparable stocks have significantly lower P/E ratios ...
Of course, this is only a 30-second assessment, but I wouldn't go in just yet because it's overvalued.
•
33
•@Charmin Update: Research completed, removed from watchlist again. Much too expensive. When they are back at 40 euros, maybe we can talk ...
•
11
•
@Charmin That's the question I'm also asking myself today: will the old strong marks hold in the current price range, or will the slide continue down to €40. Let's see what the figures report. The P/E ratio can change quickly if profits pick up. The cash & profit protection program can turn that around quickly... We'll know next year 😅
Average analyst estimates are €147, but we know how it is with analysts anyway 🙄
Average analyst estimates are €147, but we know how it is with analysts anyway 🙄
••