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Smartkarma Newswire

Nmdc Ltd (NMDC) Earnings: Shares Rise Despite 22% Drop in May Sales

By | Earnings Alerts
  • NMDC reported sales of 2.82 million tons for May 2024, a 22% decrease compared to the same month last year.
  • Production for May 2024 was 2.34 million tons, marking a 37% decrease year-over-year.
  • Despite the declines in sales and production, NMDC shares rose by 4.3%, reaching 260.15 rupees.
  • Trading volume was significant, with 24.6 million shares traded.
  • Market sentiment had 11 buy ratings, 2 hold ratings, and 8 sell ratings for NMDC shares.
  • All comparisons are based on values reported in the company’s original disclosures.

A look at Nmdc Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

NMDC Ltd, a mineral exploration company, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong emphasis on dividends and a resilient performance, the company stands out with top scores in both areas. NMDC Ltd’s high dividend score indicates a stable and attractive income option for investors, while its resilience score underscores its ability to weather market fluctuations effectively.

Furthermore, NMDC Ltd demonstrates solid momentum in its operations, indicating potential for sustained growth in the future. While the company’s value and growth scores are not at the top level, the overall outlook remains positive. As NMDC Ltd continues to focus on exploring various minerals such as iron ore, copper, and limestone among others, investors can find confidence in the company’s ability to deliver consistent returns over the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Eicher Motors (EIM) Earnings: May Motorcycle Sales Drop 8.3% YoY to 71,010 Units

By | Earnings Alerts
  • Eicher’s motorcycle sales for May 2024 were 71,010 units.
  • This represents a decrease of 8.3% compared to May 2023.
  • Despite lower domestic sales, exports increased to 7,479 units.
  • This is a 12% increase in exports compared to the previous year.
  • Market analysts have mixed opinions on the company with 16 recommending to buy, 11 suggesting to hold, and 14 advising to sell.

Eicher Motors on Smartkarma

Analyst coverage of Eicher Motors on Smartkarma is buzzing with optimism, as highlighted by Pranav Bhavsar‘s recent research report titled “2024 High Conviction | Eicher Motors (EIM IN) | Himalayan Ambitions”. The report suggests that Eicher Motors has various upcoming catalysts that could potentially trigger a re-rating for the company. One key factor contributing to this positive outlook is the launch of a new platform, specifically the 450cc platform, which is expected to play a crucial role in EIM’s pursuit of global leadership in the middleweight segment. Bhavsar anticipates that Eicher Motors may achieve higher-than-expected revenue growth, potentially leading to a multiple re-rating of the company.

With the support of insights like those provided by Pranav Bhavsar on Smartkarma, investors monitoring Eicher Motors are optimistic about the company’s future. The anticipation of revenue growth and potential re-rating based on upcoming catalysts is driving a positive sentiment towards EIM IN. Analysts like Bhavsar play a crucial role in providing valuable perspectives on companies like Eicher Motors, guiding investors in making informed decisions in the ever-evolving investment landscape.


A look at Eicher Motors Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Eicher Motors, the company seems to have a positive long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, it suggests that Eicher Motors is well-positioned for future success. The company’s focus on creating value for its investors coupled with its consistent growth and strong momentum in the market indicate a promising future ahead.

Eicher Motors Ltd., known for manufacturing light commercial vehicles, two-wheelers, and automotive gears, appears to be on a solid path for sustained growth and stability. With high scores in Dividend, Growth, Resilience, and Momentum, Eicher Motors seems to be a company that values both its shareholders and its strategic expansion. This bodes well for the company’s overall performance and underscores its potential as a worthwhile investment option in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Tata Motors Ltd (TTMT) Earnings: May Vehicle Sales Reach 76,766 Units

By | Earnings Alerts
  • Total Vehicle Sales: Tata Motors sold 76,766 vehicles in May 2024.
  • Local Sales: Out of the total, 75,173 vehicles were sold locally in India.
  • Passenger Vehicle Sales: The company sold 47,075 passenger vehicles.
  • Commercial Vehicle Sales: There were 29,691 commercial vehicles sold during the month.
  • Analyst Recommendations: Currently, Tata Motors has 20 buy recommendations, 8 hold recommendations, and 5 sell recommendations from analysts.

Tata Motors Ltd on Smartkarma

Analyst coverage of Tata Motors Ltd on Smartkarma showcases differing sentiments among experts. Trung Nguyen from Lucror Analytics views Tata Motors’ Q4 and FY 2023-24 results as excellent, with record high revenue and earnings, leading to a significant reduction in net debt. Leonard Law, CFA, provides a bullish perspective in the Morning Views Asia report, offering fundamental credit analysis and trade recommendations. Nimish Maheshwari provides a bullish outlook on Tata Motors’ demerger, emphasizing the unlocking of value in EV and JLR units, streamlining operations, and enhancing shareholder value in the passenger and commercial vehicle sectors.


A look at Tata Motors Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma’s Smart Scores, Tata Motors Ltd appears to have a promising long-term outlook. The company scores high in Growth with a rating of 5, indicating a strong potential for expansion and development in the future. This suggests that Tata Motors is well-positioned to capitalize on opportunities for growth within the automotive industry.

Additionally, Tata Motors scores well in Momentum with a rating of 4, reflecting positive market sentiment and performance trends. This indicates that the company is moving in the right direction and has good momentum that may lead to further success. With a solid foundation in manufacturing a diverse range of automotive vehicles, including cars and commercial vehicles, Tata Motors is poised for continued growth and resilience in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Maruti Suzuki India (MSIL) Earnings: May Sales Dip 2% as Exports Fall 34% Y/Y

By | Earnings Alerts
  • Maruti Suzuki’s total sales in May 2024 were 174,551 units.
  • This is a 2% decrease compared to May 2023, when they sold 178,083 units.
  • Local sales increased by 3.7% year-over-year, reaching 157,184 units.
  • Exports saw a significant decline of 34%, dropping to 17,367 units.
  • Current analyst ratings: 32 buy recommendations, 10 hold recommendations, and 3 sell recommendations.
  • Comparisons are based on the company’s original disclosures.

Maruti Suzuki India on Smartkarma

On Smartkarma, independent analysts are closely following Maruti Suzuki India, providing valuable insights for investors. Brian Freitas highlights potential changes in free float for some stocks due to alterations in shareholding patterns. This could impact the company’s representation in both local and global indices, prompting action from passive trackers. Depending on recent disclosures, there may be 14 stocks experiencing passive inflows from global trackers and 7 facing outflows in the coming month.

Meanwhile, Tina Banerjee‘s analysis focuses on Maruti Suzuki India‘s strong position in the UV segment, driving a 15% YoY revenue growth in Q3FY24. The company’s emphasis on UVs, coupled with ambitious capex plans including a 2x increase in annual production capacity by 2030-31, sets Maruti apart from its peers. With a robust EBITDA margin expansion and strategic capacity expansion initiatives, Maruti Suzuki India is positioned for long-term success in the market.


A look at Maruti Suzuki India Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum2
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Maruti Suzuki India Limited, a leading automobile manufacturer, presents a mixed outlook according to the Smartkarma Smart Scores. With respectable scores in Dividend, Growth, Resilience, and Momentum, the company demonstrates strength in various key areas. A higher dividend score signifies good returns for investors, while strong growth, resilience, and momentum scores indicate a promising future for the company. However, a moderate score in Value suggests that the market may not fully appreciate the company’s worth at present.

Having collaborated with Suzuki of Japan to cater to the Indian market’s demand for affordable vehicles, Maruti Suzuki India has positioned itself as a significant player in the automotive industry. The company’s emphasis on growth, resilience, and momentum bodes well for its long-term prospects, despite an average valuation score. Investors may want to keep an eye on how Maruti Suzuki India navigates these factors to capitalize on its strengths and drive further success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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TVS Motor (TVSL) Earnings: May Vehicle Sales Surge 12% Y/Y to 369,914 Units Despite Share Dip

By | Earnings Alerts
  • TVS Motor’s vehicle sales in May 2024 were 369,914 units, a 12% increase from last year’s 330,609 units.
  • Motorcycle sales specifically rose to 173,627 units, marking a 7% rise year-over-year.
  • Despite the positive sales growth, TVS Motor’s shares fell by 2.3% to 2,179 rupees.
  • Trading volume for TVS Motor’s shares reached 2.81 million shares.
  • The company currently has 22 buy ratings, 9 hold ratings, and 10 sell ratings from analysts.

TVS Motor on Smartkarma

Analyst coverage on TVS Motor by Pranav Bhavsar on Smartkarma highlights a fundamental long perspective, focusing on earnings surprises, EPS upgrades, and management narratives. In the report titled “Fundamental Longs – TVS Motors | Nestle India | Honasa,” stocks such as TVS Motor (TVSL IN) are discussed for their potential. The analyst suggests that TVS Motor’s electric vehicles segment could bring surprises amidst the evolving market trends, indicating a positive outlook.

Pranav Bhavsar‘s analysis points out that Nestle India (NEST IN) offers stability in the current economic climate, while Honasa Consumer (HONASA IN) shows promising signs of a turnaround. By screening the coverage universe for key indicators, the report provides insights into potential long-term investments within the automotive and consumer goods sectors.


A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

TVS Motor Company Limited, a manufacturer of motorcycles, mopeds, and scooters, has been assigned a series of Smart Scores indicating its long-term outlook. With a strong Growth score of 4 and Momentum score of 5, the company is showing positive signs of expansion and market traction. These scores suggest that TVS Motor is positioned well for future development and has the potential to capitalize on growth opportunities in the industry.

Although TVS Motor has achieved favorable scores in Growth and Momentum, its Value and Resilience scores are average at 2, indicating room for improvement in terms of market valuation and ability to withstand economic uncertainties. With a Dividend score of 3, the company offers moderate returns to its shareholders. Overall, TVS Motor’s outlook appears promising for long-term investors seeking growth potential in the Indian automotive market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Mahindra & Mahindra (MM) Earnings: May Automotive Sales Surge to 71,682 Units with 17% Growth

By | Earnings Alerts
  • Mahindra sold a total of 71,682 automotive units in May 2024.
  • The sales represent a 17% increase compared to the previous period.
  • Exports accounted for 2,671 units of the total automotive sales.
  • Passenger vehicle sales reached 43,218 units.
  • Commercial vehicle sales totaled 19,826 units.
  • The company sold 35,237 tractors in May 2024.
  • Tractor exports stood at 1,872 units.
  • Analysts’ ratings: 35 buy recommendations, 4 hold recommendations, and 1 sell recommendation.

A look at Mahindra & Mahindra Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Mahindra & Mahindra has a positive long-term outlook. With a high score in Growth and Momentum, the company is positioned for future expansion and market success. This indicates a promising trajectory for Mahindra & Mahindra in terms of increasing profitability and market presence. Additionally, the company’s emphasis on dividends with a solid score in that category suggests good returns for investors seeking income.

Despite scoring lower in Resilience, Mahindra & Mahindra‘s overall outlook remains strong. Their core business of manufacturing automobiles, farm equipment, and automotive components provides a diversified revenue stream. Overall, Mahindra & Mahindra‘s robust performance in key areas makes it a compelling investment opportunity for those looking at the long-term prospects of the company.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Autodesk Inc (ADSK) Earnings: FY Adjusted EPS Forecast Boosted Amid Successful Audit Completion

By | Earnings Alerts
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  • Autodesk has increased its fiscal year adjusted EPS forecast to $7.99-$8.21, up from $7.89-$8.11, with estimates at $8.04.
  • The company maintains its revenue forecast between $5.99 billion and $6.09 billion, in line with the $6.04 billion estimate.
  • Billings are still expected to range from $5.81 billion to $5.96 billion, with the estimate being $5.82 billion.
  • The adjusted operating margin forecast remains unchanged at 35%-36%, compared to the 35.4% estimate.
  • Free cash flow remains forecasted at $1.43 billion to $1.50 billion, against the estimate of $1.47 billion.
  • For the second quarter, the adjusted EPS is forecasted at $1.98 to $2.04, which is in line with the $1.98 estimate.
  • Revenue for the second quarter is expected to be between $1.48 billion and $1.49 billion, matching the $1.48 billion estimate.
  • The preliminary first-quarter results show an adjusted EPS of approximately $1.87.
  • The Audit Committee Investigation has concluded, and there will be no restatement of financial results.

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Autodesk Inc on Smartkarma

Analysts at Smartkarma have been closely covering Autodesk Inc, a leading company in the technology and software industry. Baptista Research‘s report, “Implementation of The New Transactional Model A Potential Game Changer? – Key Drivers,” highlights Autodesk’s strong performance in the fourth quarter of fiscal 2024, with a 14% constant currency revenue growth. The report emphasizes the company’s resilience demonstrated through its subscription business model, product diversification, and robust customer base across various regions and industries.

In another bullish report by Value Investors Club on “Autodesk Inc (ADSK) – Thursday, Nov 30, 2023,” it is noted that Autodesk has faced negative sentiment in the past year but is well-positioned for long-term earnings growth. A comparison with competitor Procore in the construction industry suggests a positive outlook for Autodesk’s stock price appreciation in the future. Despite challenges, analysts see potential for Autodesk to thrive in the evolving market dynamics.


A look at Autodesk Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Autodesk Inc, a provider of PC software and multimedia tools, has been given an overall positive outlook based on the Smartkarma Smart Scores. With a Value score of 2, the company is seen as moderately priced in the market. Although receiving a low Dividend score of 1, Autodesk shines in Growth, Resilience, and Momentum, scoring 3 across the board in these categories. This signifies a favorable long-term prospect for the company, particularly in terms of its potential growth, ability to navigate challenges, and current market momentum.

Specializing in two-dimensional and three-dimensional products used in various industries and home applications, Autodesk’s solid scores in Growth, Resilience, and Momentum indicate a promising future trajectory. Despite the lower Value and Dividend scores, investors may find Autodesk Inc to be a compelling choice for those looking to capitalize on a company with strong growth potential, operational resilience, and positive market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Tenaga Nasional (TNB) Earnings: 1Q EPS Falls Short at 12.37 Sen Against 19.00 Sen Estimate

By | Earnings Alerts
  • First Quarter Earnings: Tenaga Nasional‘s earnings per share (EPS) for the first quarter are 12.37 sen.
  • Estimates Missed: The EPS estimate was 19.00 sen, which means the company fell short of expectations.
  • Net Income: The net income reported is 715.7 million ringgit.
  • Revenue: The total revenue for the first quarter is 13.64 billion ringgit.
  • Analyst Ratings: Out of the assessments, there are 11 buy recommendations, 8 hold recommendations, and 1 sell recommendation.

A look at Tenaga Nasional Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores, Tenaga Nasional is showing a positive long-term outlook. With a strong score of 4 in Dividend, investors can expect good returns in the form of dividends from this company. A high Momentum score of 5 indicates that Tenaga Nasional is gaining traction and is likely to continue performing well in the future.

Taking a closer look, Tenaga Nasional scores moderately in Value and Growth with scores of 3 in each category. Despite a lower score of 2 in Resilience, the company’s overall outlook remains promising, especially with its focus on sustainable growth and consistent dividend payouts.

### Tenaga Nasional Berhad transmits, distributes, and sells electricity under license issued by the Director General of Electricity Supply. Through its subsidiaries, the Company manufactures, sells and repairs transformers and switchgears. Tenaga Nasional also provides project management and consultancy, engineering works and energy project development services. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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CIMB Group Holdings (CIMB) Earnings: 1Q Net Income of 1.94 Billion Ringgit Surpasses Estimates

By | Earnings Alerts
  • Net Income: CIMB’s net income for the first quarter is 1.94 billion ringgit, surpassing the estimated 1.68 billion ringgit.
  • Revenue: The company’s revenue for the quarter stands at 5.63 billion ringgit.
  • Earnings Per Share (EPS): The EPS is reported to be 18.16 sen.
  • Analyst Ratings: CIMB has 15 buy ratings, 4 hold ratings, and no sell ratings.

CIMB Group Holdings on Smartkarma

Analyst coverage of CIMB Group Holdings on Smartkarma highlights the insights of Victor Galliano in the report titled “Malaysian Banks Screener; Value Pick CIMB Has Momentum, Maybank Is the Quality Pick.” Galliano’s analysis indicates that while Maybank continues to be viewed as a quality buy based on its robust balance sheet, CIMB has replaced RHB Bank as the new value pick. This shift is attributed to CIMB’s improving credit quality and profitability, driving positive earnings per share revisions. CIMB stands out for its undemanding price-to-earnings and price-to-book value ratios, coupled with strong post-provision profitability, making it the top choice in terms of value among Malaysian banks.

Furthermore, the report emphasizes the positive trend of CIMB’s improving credit quality, a factor expected to persist in the future. Galliano maintains Maybank as the quality pick, citing its attractive valuations and impressive balance sheet credentials in terms of credit quality and capital adequacy. The assessment positions Maybank as a buy for investors seeking a stable and strong banking option, while highlighting CIMB’s value proposition as a compelling opportunity for those focusing on undervalued stocks with growth potential.


A look at CIMB Group Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking ahead, the long-term outlook for CIMB Group Holdings appears promising based on the Smartkarma Smart Scores analysis. With a strong emphasis on dividends and growth, the company demonstrates robust performance in these areas, scoring a solid 5 out of 5 for both factors. This signifies a positive trajectory for investors seeking income generation and potential for expansion within the company.

While CIMB Group Holdings shows strength in dividends and growth, aspects such as value and momentum also play a role in shaping its overall outlook. With a value score of 3 and momentum score of 4, the company exhibits a mix of stability and market movement, providing a well-rounded investment opportunity in the commercial banking sector. However, the resilience score of 2 indicates a potential area for improvement in navigating challenges and maintaining stability in the face of market fluctuations.

Summary: CIMB Group Holdings Berhad operates as a regional universal bank offering a comprehensive suite of financial services, including commercial and investment banking, consumer banking, treasury, insurance, and asset management.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Sime Darby (SIME) Earnings: 1Q Net Income Hits 211M Ringgit, EPS at 3.10 Sen

By | Earnings Alerts
  • Sime Darby Plantation reported a net income of 211.0 million ringgit for the first quarter.
  • The company’s revenue for the period was 4.34 billion ringgit.
  • Earnings per share (EPS) stood at 3.10 sen.
  • Analyst ratings for Sime Darby Plantation include:
    • 5 buy recommendations
    • 11 hold recommendations
    • 1 sell recommendation

A look at Sime Darby Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores analysis, Sime Darby‘s long-term outlook appears promising. The company receives high scores in Dividend and Growth, indicating a strong performance in these areas. With a value score in the mid-range and a momentum score on the positive side, Sime Darby seems to be well-positioned for steady growth and income generation in the future.

Sime Darby Berhad, an investment holding company with diverse business segments including plantations, property development, heavy equipment distribution, and energy utilities, is expected to demonstrate resilience amidst market challenges. While the company’s overall outlook is positive, its lower score in resilience suggests potential vulnerability to external factors. Overall, considering its strengths in dividends and growth, Sime Darby seems poised for long-term success in the industries it operates in.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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