Revenues Working Against Elco Ltd.’s (TLV:ELCO) Share Price
When close to half the companies operating in the Construction industry in Israel have price-to-sales ratios (or “P/S”) above 0.7x, you may consider Elco Ltd. (TLV:ELCO) as an attractive investment with its 0.2x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
View our latest analysis for Elco
What Does Elco’s P/S Mean For Shareholders?
It looks like revenue growth has deserted Elco recently, which is not something to boast about. One possibility is that the P/S is low because…
