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Posted by
Two Blokes Jun 23 -
Filed in
Stock
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4 views
My bullish view of Komatsu stays unchanged, considering the presence of short-term and mid-term re-rating catalysts. A better-than-expected Q1'FY25 operating income could serve as a multiple expansion trigger for the Company in the near future. Komatsu has the potential to trade at higher P/Es and P/FCFs similar to its peers, taking into account its efforts to drive free cash flow growth in the next three years.
