Posted 12/24/2023, 5:56:02 AM
Cargotec Share Price May Reflect Risks Despite Strong Growth Prospects
- Cargotec's P/E ratio of 15.4x is low compared to other Finnish companies, suggesting it may be undervalued
- Cargotec has shown strong recent earnings growth of 167% last year and 13,614% over 3 years
- Analysts forecast Cargotec's earnings to grow 15% per year over the next 3 years, in line with the market
- The low P/E ratio may indicate investors doubt Cargotec can achieve the expected growth
- Cargotec appears undervalued based on forecast growth, but risks like earnings instability may be weighing on the share price