Analyzer
HTCH QNTM
P/S 1,59 0,64
P/B 2,61 3,00
Hutchinson has currently no earnings, bur sell at double P/S than Quantum. Both companies share about equal P/B.
IF dd assemblies are a higher margin business than drives, than HTCH higher price may be justified, especially since they have some tax credit to use, I assume.
The question comes back to the all time question, how to value stock.
Germany just (14 MEZ) cut our repo rate from 3,3 down to 3 %, six other countries followed with alike measures.
Regards Lutz |
