ICHR – Market expectations are for declining Uniform ROA, but management is confident about their acquisitions and new LDM product
December 6, 2017
- Ichor Holdings, Ltd. (ICHR:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 9.8x Uniform P/E, implying bearish expectations for the firm. However, management is confident about their acquisitions and new LDM product
- Specifically, management is confident that their acquisitions are accretive to both gross margins and net income, and about the potential of their new LDM product