The Kingfish Company N.V.’s (OB:KING) Price Is Out Of Tune With Revenues
There wouldn’t be many who think The Kingfish Company N.V.’s (OB:KING) price-to-sales (or “P/S”) ratio of 2.4x is worth a mention when the median P/S for the Food industry in Norway is similar at about 2.2x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
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What Does Kingfish’s Recent Performance Look Like?
Kingfish certainly has been doing a good job lately as it’s been growing revenue more than most other companies. One possibility is that the P/S…