Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Menicon Co Ltd operates as a specialized manufacturer within the contact lens industry. Its operations involve the worldwide manufacturing, distribution, and trade (both export and import) of contact lenses, in addition to other medical merchandise. The company also produces and sells medical instruments, supplies various medical provisions, and is actively engaged in the research and development of intraocular lenses. Its diverse product portfolio prominently includes soft contact lenses, rigid gas permeable lenses, and a range of lens care products.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive