Nepes Ark Corporation’s (KOSDAQ:330860) 27% Share Price Surge Not Quite Adding Up
Nepes Ark Corporation (KOSDAQ:330860) shareholders have had their patience rewarded with a 27% share price jump in the last month. Looking back a bit further, it’s encouraging to see the stock is up 34% in the last year.
Although its price has surged higher, it’s still not a stretch to say that Nepes Ark’s price-to-sales (or “P/S”) ratio of 1.9x right now seems quite “middle-of-the-road” compared to the Semiconductor industry in Korea, where the median P/S ratio is around 1.7x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
