I see.
Well ... that explains it then.
Looking at its B.Sheet, its Cash & Equiv. are building up fairly appreciably. I wonder when it will "plow" some of that back into the business for shareholder benefit ?
I see that NTE's Gross Margin, at Gross Operating Profit level, has fallen off in recent years. 2 Years ago it was 19.3%, last year it fell to 17%, and now it's down to 13.8%. That's a 28% fall off in 2 years.
Its Operating Margin at EBITDA level is also down, about 28%, from 12.2% two years ago, to its current 8.8%.
It seems that the main culprit here is "Cost of Sales".
In my opinion, for NTE to reverse its current price fall, it needs, for one thing, to reverse that falling Operating Margin trend. |
