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SXYAY - Sika's Growth Slowed Significantly In Q4 Making Valuation More Of A Concern
Sika Finanz AG ADR
I’ve said it before and I’ll probably have to keep saying it until I stop writing – valuation, in and of itself, doesn’t often move stocks. To that end, while I thought Sika (OTCPK:SXYAY) (SIK.S) was expensive back in July, I’m not surprised it’s held up reasonably well (more or less in line with BASF (OTCQX:BASFY) and Arkema (OTCPK:ARKAY), behind RPM (RPM), better than Saint Gobain (OTCPK:CODYY) and inline with the Swiss market). This is, after all, one of the best specialty chemical companies