Q: This company seems exempt from much tariff impact according to their recent press release and since they're continuing to expand their manufacturing capabilities and growing into new US markets - how do you view this company going forward?
It seems expensive on a PE basis but wondering your thoughts.
Also - do you know when this company reports and the outlook for earnings?
It seems expensive on a PE basis but wondering your thoughts.
Also - do you know when this company reports and the outlook for earnings?
5i Research Answer:
We have comments posted on their results here. It is not cheap on a valuation basis, but it is still in its infancy stage for expanding its margins and turning a profit. At its strong growth rates and gains in operational efficiency, we feel it can 'grow into its valuation multiple'.
The company reported results today, and we view them as quite positive results. For a high-growth, small-cap name, we would be comfortable scaling in to a position here.