However, a lot of the future growth is probably already priced into the share price, given the share price performance. Basically, I still find the share exciting.
@All-in-or-nothing In terms of P/E ratio and PEG, I think the value is actually still okay. I like the growth until 2028. And the EbiT margin is increasing nicely. I also think the EbiT margin is quite good for an "industrial stock". You would have to compare it with $APH. I've been watching fujikura for a long time and it's really running away from me . I have now seen that it has corrected somewhat. And it would be nice if it goes down a bit more on Friday. Because I think the share should also be something for the long term. I can even see a moat in their technology. An assessment from @EpsEra would be nice here
@Tenbagger2024 I would like to repeat myself again: share price growth is stronger than expected earnings growth.😅 If earnings are expected to rise by 50% in percentage terms, but the share price has already risen by 100%, what happens to the P/E ratio?
Take this:
Today's share price / expected earnings per share for 2026 = forward P/E ratio for 2026.
And of course this can be higher in the constellation mentioned.😉 The P/E ratio only falls if earnings grow faster than the share price.
@Tenbagger2024 Simply: No, it doesn't have to.😅 Please don't look at the reported P/E ratio on the last balance sheet date, but find a source for the trailing P/E ratio. This takes into account previous price increases in relation to earnings per share. Spoiler: this is currently (depending on the source and assumptions) significantly higher than the forward P/E ratio for 2026. In other words: the P/E ratio is rising in relation to the last reporting date because the share price has currently increased significantly more than the current earnings growth forecast for 2026.