KAYNES

Valuation & Ratios • P/E ratio: 60–67x (TTM), higher than traditional stocks but comparable for high growth electronics/EMS sector. • P/B ratio: 5x. • Dividend yield: 0% (no dividend). • ROE/ROCE: Moderate returns on capital (10–14%). Fundamental Takeaways: • Efficient profitability with decent margins relative to peers. • No dividend; valuation relies on growth prospects and execution.