SES S.A.’s (BDL:SESGL) 26% Price Boost Is Out Of Tune With Revenues
The SES S.A. (BDL:SESGL) share price has done very well over the last month, posting an excellent gain of 26%. Looking back a bit further, it’s encouraging to see the stock is up 26% in the last year.
Following the firm bounce in price, given close to half the companies operating in Luxembourg’s Media industry have price-to-sales ratios (or “P/S”) below 0.6x, you may consider SES as a stock to potentially avoid with its 1.3x P/S ratio. However, the P/S might be high for a reason and it requires further investigation to determine if it’s justified.
