$Keyence (6861.JP)$Launched in 1986, mainly engaged in facto...

There has been little change in revenue in the past 5 years from fluctuations in the previous 3 years. The 5-year average growth rate was 11.9%, and the growth rate reached 22.2% in 2023. Operating profit was similar. The 5-year average growth rate was 11.2%, the 2023 growth rate reached 19.3%, net profit grew at an average rate of 11.5%, and the growth rate in 2023 was 19.7%.

The current price-earnings ratio of 46, and the growth rate is slightly higher than a reasonable valuation, which is unattractive.