Monami Co., Ltd. (KRX:005360) Stock Catapults 33% Though Its Price And Business Still Lag The Industry
The Monami Co., Ltd. (KRX:005360) share price has done very well over the last month, posting an excellent gain of 33%. Notwithstanding the latest gain, the annual share price return of 4.0% isn’t as impressive.
Even after such a large jump in price, when close to half the companies operating in Korea’s Commercial Services industry have price-to-sales ratios (or “P/S”) above 1x, you may still consider Monami as an enticing stock to check out with its 0.4x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
