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Smartkarma Newswire

Canara Bank (CBK) Earnings: 4Q Net Income Meets Estimates with 19% Rise YoY

By | Earnings Alerts

Canara Bank reported a net income of 37.6 billion rupees in 4Q, marking a year-on-year increase of 19% and meeting the estimated 37.45 billion rupees.

• Operational profit for the quarter stood at 73.9 billion rupees, an increase of 1.9% from the previous year.

• Gross non-performing assets slightly decreased to 4.23% as compared to 4.39% in the previous quarter, hovering around an estimated 4.22%.

• Interest income for the quarter was reported as 288.1 billion rupees, a significant increase of 20% year-on-year and surpassing the estimated 253 billion rupees.

• Interest expense was higher than expected at 192.3 billion rupees, up by 26% compared to the previous year, and going beyond the estimate of 166.15 billion rupees.

• Non-interest income stood at 52.20 billion rupees, significantly higher than the estimated 44.25 billion rupees.

• Other income also saw an increase of 9.2% year-on-year, reaching 52.2 billion rupees and surpassing the estimated 44.25 billion rupees.

Canara Bank announced a dividend per share of 16.10 rupees.

• Following the disclosure, Canara Bank shares rose by 3% to 594.05 rupees. The trading volume was 6.43 million shares.

• Investment recommendations following the release were 11 buys, 2 holds, and 3 sells.


Canara Bank on Smartkarma

Analysts on Smartkarma are bullish on Canara Bank, with Daniel Tabbush emphasizing the bank’s remarkable progress in reducing non-performing loans and significantly increasing net profit. Tabbush highlights the potential for continued profit expansion through lower credit costs and improved Return on Equity (ROE), which has surged from 11.7% to 17.3% over recent years. This positive sentiment is supported by Brian Freitas, who suggests that Canara Bank could soon replace Bandhan Bank in the NIFTY Bank Index due to its favorable valuation and potential for passive index trackers to shift towards Canara Bank.

With insights from top analysts like Tabbush and Freitas, investors can gain valuable perspectives on Canara Bank‘s growth potential and market positioning. Tabbush’s outlook on lower non-performing loans and rising profits, coupled with Freitas’s analysis of Canara Bank‘s possible inclusion in the NIFTY Bank Index, underscores the favorable sentiment surrounding the bank. As investors navigate the financial landscape, Smartkarma serves as a platform for accessing in-depth research and expert opinions to make informed investment decisions regarding companies like Canara Bank.


A look at Canara Bank Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.8

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

Canara Bank Ltd., a prominent banking institution in India, is poised for a positive long-term outlook based on its impressive Smartkarma Smart Scores. With top marks in Dividend, Growth, Resilience, and Momentum, the bank showcases a robust performance across various key factors. The high Value score further underlines the company’s attractive valuation compared to its peers, indicating a solid investment proposition for potential investors.

Canara Bank Ltd. stands out as a versatile financial entity, offering a wide array of banking services across India. From retail and commercial banking to investment management and treasury services, the company caters to diverse customer needs. With strong scores across important metrics, Canara Bank appears well-positioned to sustain growth and profitability in the competitive banking landscape, making it a promising choice for long-term investors seeking stability and potential returns.


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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Toray Industries (3402) Reduces Earnings Forecast: Detailed Insight on Net Sales and Income Predictions

By | Earnings Alerts
  • Toray Industries has downgraded its net sales forecast to 2.46 trillion yen from an earlier projection of 2.47 trillion yen.
  • The company also revised its net income forecast to 21.90 billion yen, significantly lower than the previously estimated 58.00 billion yen.
  • The current updated projections are based on the company’s own recently disclosed figures.
  • The market’s response to the revised forecasts includes 9 buys, 3 holds and 2 sells.

A look at Toray Industries Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum3
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

Analysts at Smartkarma have provided an overview of Toray Industries, giving a positive long-term outlook for the company. Based on the Smart Scores, Toray Industries scores high in terms of value, dividend, and growth potential. With a strong focus on these factors, the company is positioned well for sustained growth and value creation over time.

However, Toray Industries scored lower in terms of resilience and momentum according to Smartkarma’s analysis. This could indicate some areas of concern that the company may need to address to ensure long-term success. Despite these lower scores, Toray Industries remains a key player in manufacturing yarns, synthetic fibers, and chemical products used in various industries, showing a diverse portfolio of products and 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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Bharat Forge (BHFC) Earnings Surpass Expectations: 4Q Net Income Rises By 59% Y/Y, Outperforming Estimates

By | Earnings Alerts
  • Bharat Forge has reported a net income of 3.9 billion rupees, which is a significant +59% growth year-on-year and surpasses the estimate of 3.81 billion rupees.
  • The revenue has made an impressive increase of +17% year-on-year to reach 23.3 billion rupees, again beating the estimated 23.12 billion rupees.
  • Total costs rose to 18.4 billion rupees, marking a +9.5% increase year-on-year.
  • Raw material costs were reported at 9.37 billion rupees, making a +12% growth year-on-year and falling below the estimated 9.9 billion rupees.
  • The expense on employee benefits is 1.5 billion rupees, indicating a +10% increment year-on-year and is just under the estimate of 1.53 billion rupees.
  • Finance cost has dipped slightly by -3.6% year-on-year to 633.8 million rupees, significantly under the estimate of 752.3 million rupees.
  • Other income has dropped by -2.3% year-on-year to 381.8 million rupees.
  • Regarding shareholder returns, a dividend per share of 6.50 rupees has been declared.
  • In somewhat negative news, the company reports a one-time loss of 133.4 million rupees in 4Q.
  • Analytic verdicts show a mixed sentiment with 19 ‘buys’, 2 ‘holds’, and 8 ‘sells’.

A look at Bharat Forge Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum3
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

Analysts using the Smartkarma Smart Scores system have painted a positive long-term outlook for Bharat Forge, a company that manufactures steel forgings and machined components for a variety of industries. With a high Growth score of 5 out of 5, Bharat Forge seems well-positioned for future expansion and development. The Dividend score of 4 indicates a strong track record in rewarding shareholders, suggesting stability and potential income for investors. However, the Value and Resilience scores of 2 each hint at some areas where the company may have room for improvement. With an overall Momentum score of 3, Bharat Forge appears to be making steady progress but may need to focus on sustaining and accelerating this momentum to drive further success.

In summary, Bharat Forge‘s strong focus on growth, coupled with a solid dividend track record, bodes well for its future prospects. Despite facing some challenges in terms of value and resilience, the company’s diverse range of offerings to industries like automotive, railway, and oilfield position it well for continued success in the long run. By maintaining its growth trajectory and enhancing its value proposition, Bharat Forge could solidify its position as a key player in the steel forgings and machined components 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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Osaka Gas (9532) Earnings: Annual Operating Income Forecast Falls Short of Estimates Despite Surpassing Net Income Predictions

By | Earnings Alerts

Osaka Gas forecasted its operating income to be 123.50 billion yen, which is below the estimated 128.6 billion yen.

• The company also estimated its net income to be 112.00 billion yen, which is higher than the expected 110.39 billion yen.

• Estimates expected net sales to be 2.08 trillion yen but the company projected it to be 1.99 trillion yen.

• The forecasted dividend by the company is 95.00 yen, much more than the 89.00 yen estimated.

• During the fourth quarter: the operating income came in at 31.86 billion yen, which is a decline of 57% year-on-year (y/y). The estimated value was 4.88 billion yen based on 2 estimates.

• The net income for the fourth quarter was 6.27 billion yen, an 89% y/y decrease. It surpassed an estimated loss of 6.09 billion yen, based on 2 estimates.

• Net sales for the fourth quarter were 572.90 billion yen, a 16% y/y decrease- falling short of the estimated 613.76 billion yen, based on 2 estimates.

• In terms of stock recommendations, there are 4 buys, 1 hold and 0 sells.


A look at Osaka Gas Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience2
Momentum5
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

Based on the Smartkarma Smart Scores, Osaka Gas shows a promising long-term outlook. With a strong focus on growth and momentum, the company is positioned to expand and capitalize on market opportunities. The high scores in these areas indicate a positive trajectory for Osaka Gas in the coming years, potentially leading to increased market share and profitability.

While the company demonstrates strength in value and dividend factors, there is room for improvement in resilience. However, the overall high scores on growth and momentum suggest that Osaka Gas is well-equipped to navigate challenges and continue its upward trajectory in the natural gas sector. Investors may find Osaka Gas an appealing option for long-term investment based on these insightful scores.

### OSAKA GAS CO., LTD. produces and supplies natural gas primarily in Osaka, Kyoto, and Hyogo areas. The Company provides gases and energy products for residential, commercial, and industrial customers. Osaka Gas also constructs and maintains gas supply lines. In addition, the Company sells gas appliances. ###


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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Korean Air Lines (003490) Showcases Growing Earnings in 1Q Results with 5.1% Increase y/y

By | Earnings Alerts
  • Korean Air reported its first quarter parent operating profit to be 436.06 billion won, showing a 5.1% increase compared to last year.
  • However, the parent net was 345.22 billion won, which is 2.9% lower than the previous year.
  • The airline demonstrated a significant growth in parent sales, reaching 3.82 trillion won, which marks a whopping increase of 20% from last year.
  • Overall, the company has a promising outlook with 13 buy ratings, 1 hold rating, and no sell ratings. The performance evaluations are based on values published in the company’s original report.

Korean Air Lines on Smartkarma

Analysts on Smartkarma like Neil Glynn have been closely following Korean Air Lines, providing deep insights into the company’s performance and potential future developments. In a bullish report titled “Korean Air – 4Q Loss Driven by Exceptional Financial Costs; Underlying Picture Healthier,” Glynn highlights that despite a 4Q23 loss, excluding exceptional financial expenses would have shown a profitable quarter for Korean Air. The report notes a net loss of KRW235bn in 4Q23, down from a profit of KRW354bn in the same period last year. Despite this, the underlying performance remains relatively strong compared to pre-pandemic levels.

Conversely, Glynn’s bearish sentiment is echoed in the report “Korean Air – Another US Example Of A Ruling Against Consolidation Raises Asiana Merger Questions,” where concerns are raised about the potential impact of the US Department of Transport’s actions on Korean Air’s merger plans with Asiana. The report discusses how recent rulings against mergers in the US raise doubts about the approval prospects for the Korean Air/Asiana merger, emphasizing the regulatory challenges the company may face in the future.


A look at Korean Air Lines Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum3
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, Korean Air Lines is positioned favorably for long-term growth. With strong scores across multiple key factors such as Value, Dividend, and Growth, the company showcases robust fundamentals for investors. A solid Value score suggests that the company is undervalued relative to its financial performance, indicating potential for capital appreciation. Additionally, a high Dividend score signifies that Korean Air Lines offers attractive dividend payouts, adding to its investment appeal.

Furthermore, Korean Air Lines‘ Growth score highlights expectations for continued expansion and performance improvement. While the Resilience and Momentum scores are slightly lower compared to other factors, the overall outlook remains positive. With a diverse range of services including passenger and cargo transportation, aircraft maintenance, and air catering, Korean Air Lines is well-positioned to capitalize on opportunities in the aviation industry both domestically and internationally.


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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San Miguel Food and Beverage Announces 10B Pesos Earnings in 1Q: A Detailed Insight into Profits and Key Business Sectors

By | Earnings Alerts

– San Miguel Food reported a net income of 10 billion pesos in the first quarter.

– The company generated revenue of 95.4 billion pesos and made sales worth 43 billion pesos.

– Operating income stood at 13.1 billion pesos.

– The operating income of the food business rose by 78% to 2.7 billion pesos as prices of key raw materials went down.

– Revenues from their spirits business grew by 17% following an 8% increase in volume and higher selling prices, with the operating income increasing to 2.3 billion pesos; a jump of 40%.

– The company’s beer business witnessed a 3% drop in consolidated revenues year on year, posting 37.4 billion pesos due to reduced volume.

– Stock analysts offered a mixed outlook for the company, with 6 recommending to buy, 1 to hold, and 1 to sell.


A look at San Miguel Food and Beverage Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience3
Momentum3
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

San Miguel Food and Beverage, Inc. presents a mixed outlook based on the Smartkarma Smart Scores analysis. The company scores well in Dividend and Growth factors, receiving scores of 4 out of 5 for both. This indicates a promising long-term potential for stable dividends and growth opportunities for investors. However, San Miguel Food and Beverage falls slightly short in terms of Value and Resilience, with scores of 2 and 3 respectively. These scores suggest that the company may not be as undervalued compared to its peers and may have some vulnerability to market pressures. In terms of Momentum, the company receives a score of 3, indicating a moderate level of momentum in its performance. Overall, the company’s focus on food and beverage manufacturing and global market presence shapes its strategic positioning in the industry.


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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Krafton Earnings Surge: 1Q Operating Profit Beats Estimates with Robust Year-on-Year Growth

By | Earnings Alerts
  • Krafton’s operating profit in the first quarter was an impressive 310.5 billion won, marking a 9.7% increase compared to the previous year.
  • This significantly surpassed estimations, which had the company’s operating profit pegged at 246.69 billion won.
  • The company’s net income also showed positive growth, coming in at 350.0 billion won, a 31% increase year on year.
  • This far surpassed the predicted net income of 198.81 billion won.
  • Sales were also up, totalling 665.9 billion won, marking a 24% increase compared to the same time the year prior.
  • Analysts’ estimates were again lower, having predicted sales of 565.51 billion won.
  • Looking at the analysts’ ratings, Krafton has an overwhelming 30 buys, but only 1 hold, and no sells.
  • All comparisons in these results are made based on values reported by the company’s original disclosures.

Krafton on Smartkarma

Analyst coverage of Krafton on Smartkarma has been positive, with analysts like Douglas Kim and Sumeet Singh providing valuable insights. Douglas Kim‘s report, “Alpha Generation Through Share Buybacks in Korea: Bi-Monthly (Mar and Apr 2024),” highlights Krafton’s share buyback announcement along with other major companies like Celltrion Inc and Woori Financial Group. Additionally, Douglas Kim mentions in another report, “Krafton: Block Deal Sale of About 270 Billion Won,” that SK Square plans to sell a 2.2% stake in Krafton, emphasizing the attractiveness of the company’s valuations despite the discount offered.

Sumeet Singh‘s analysis, “Krafton Placement – Stock Has Been Doing Well, Momentum Remains Strong,” focuses on SK Square’s goal to raise around US$198m by selling a portion of Krafton’s shares. Singh highlights the positive momentum of Krafton’s stock performance and its strong earnings, indicating a favorable outlook for the company. With this combined analyst coverage, it appears that Krafton continues to attract attention from investors for its strategic moves and overall performance in the market.


A look at Krafton Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience5
Momentum5
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 Krafton, there is a positive long-term outlook for the company. With strong scores in Growth, Resilience, and Momentum, Krafton is positioned well for future success. The company’s focus on developing a variety of games for different platforms, including console, mobile, and computer, indicates potential for continued growth in the gaming industry.

Krafton’s high Resilience and Momentum scores suggest that the company has the ability to weather challenges and maintain its upward trajectory. While the Dividend score is lower, the overall outlook remains optimistic due to the company’s solid performance in key areas. Investors may view Krafton as a promising opportunity in the gaming sector.


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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Assessing JG Summit Holdings (JGS) Earnings: 1Q Net Income Soars, Sees Optimistic Future Growth

By | Earnings Alerts
  • JG Summit reported a net income of 11 billion pesos in the first quarter (1Q) of 2024.
  • The company’s core net income was 12.6 billion pesos, with revenues reaching 96.7 billion pesos.
  • Lance Gokongwei, the President and CEO, comments on the need to expand the company’s airline’s capacity to accommodate the increasing demand.
  • The first quarter’s margins were boosted through volume growth, controlled input costs, and operating leverage.
  • The net income of the 1Q 2024 surpassed half of the total net income from the FY 2023.
  • The company saw lower foreign exchange gains during the 1Q while the mark-to-market losses increased.
  • A year-over-year increase of 213% was observed in the 1Q core net income, largely due to strong performances in sectors such as food, real estate, and air transport. These segments were positively impacted by the gains from a bank merger.
  • The consolidated revenues rose by 18% year-over-year in 1Q 2024.
  • 9.9 billion pesos in 2Q dividends are expected from their units, reflecting an 8% year-over-year increase.
  • The company shares rose by 2.8% to 32.50 pesos with a turnover of 486,600 shares. There were four buys, two holds, and zero sells.

A look at JG Summit Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE3.0

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, JG Summit Holdings shows a promising long-term outlook. With a strong score of 5 in Growth, the company is positioned for significant expansion and development in the future. This indicates that JG Summit Holdings is likely to see substantial growth opportunities in its core industries.

On the other hand, scores of 4 in Value suggest that the company is currently trading at an attractive valuation, offering potential for investors seeking undervalued assets. While lower scores in Dividend, Resilience, and Momentum indicate areas where the company may need to focus on improvement, the overall outlook for JG Summit Holdings appears positive due to its high Growth score.


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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ROHM Co Ltd (6963) Earnings: FY Operating Income Forecast Falls Short of Estimates

By | Earnings Alerts

β€’ Rohm’s Operating Income Forecast for the full year stands at 14.00 billion yen, falling short of the estimated 55.69 billion yen.

β€’ The company’s net income is also expected to be 14.00 billion yen, less than the predicted 47.65 billion yen.

β€’ Rohm anticipates net sales of 480.00 billion yen, lower than the estimate of 523.64 billion yen.

β€’ The projected dividend per share is 50.00 yen, which is slighter lower than the estimate of 52.25 yen.

β€’ For the first half of the year, Rohm projects 225.00 billion yen in net sales, 6.00 billion yen in operating income and 7.50 billion yen in net income.

β€’ Fourth quarter results show operating income at 2.68 billion yen, down 84% year-on-year, against the forecast of 3.91 billion yen.

β€’ Net income for the fourth quarter was at 8.86 billion yen, a reduction of 29% year-on-year, although it surpassed the estimate of 4.19 billion yen.

β€’ Fourth quarter net sales fell by 4.3% year-on-year to 112.65 billion yen, narrowly missing the estimate of 114.5 billion yen.

β€’ Reflecting on the company’s performance and potential, 14 analysts rate it as a “buy”, 1 as a “hold” and 1 as a “sell”.


ROHM Co Ltd on Smartkarma

Analyst coverage of ROHM Co Ltd on Smartkarma provides valuable insights for investors. Scott Foster, in his report “Quantum Process Optimization,” highlights the partnership with Quanmatic to enhance electrical die sorting efficiency, driving growth through power semiconductors for EVs and margin expansion from technological advancements. Foster anticipates improved EDS performance and full-scale implementation starting April, indicating a bullish stance for long-term growth.

In another report by Scott Foster titled “Government Subsidy for Power Device Project with Toshiba,” he notes the positive impact of METI subsidy on ROHM’s share price following the collaboration with Toshiba in power semiconductors. With the expectation of profit recovery post inventory clearance and the semiconductor cycle, Foster recommends a long-term Buy for ROHM. The subsidy, amounting to a significant portion of planned investments, underscores the company’s strategic positioning in the electric vehicle market and other industries amidst market recovery efforts.


A look at ROHM Co Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience3
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

ROHM Co Ltd, a leading manufacturer of custom linear integrated circuits and semiconductor devices for consumer electronics, is positioned for a positive long-term outlook. With strong scores in Value, Growth, and Resilience, the company demonstrates solid fundamentals and growth potential. The Value score of 4 indicates that ROHM Co Ltd is undervalued relative to its peers, presenting an attractive investment opportunity. Furthermore, the Growth score of 4 suggests that the company is poised for expansion and increasing market share, supported by its innovative products and global presence. Additionally, the Resilience score of 3 reflects the company’s ability to weather economic uncertainties and industry challenges, adding to its appeal as a long-term investment.

Despite a lower Momentum score of 2, ROHM Co Ltd‘s overall Smart Score paints a promising picture for investors looking at the company from a long-term perspective. While short-term performance may be subdued, the company’s strong underlying value, growth prospects, and resilience bode well for its future performance. With a diverse product portfolio and a global presence through its subsidiaries, including Wako Electric and Apollo Electronics, ROHM Co Ltd is well-positioned to capitalize on evolving consumer electronics trends and maintain its competitive edge in the industry.


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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Analyzing LY (4689) Earnings: FY Dividend Forecast Falls Short, Yet Surpasses Quarterly Operating Income Estimates

By | Earnings Alerts
  • LY Corp’s forecasted dividend is lower than expected, predicted to be 5.56 yen as opposed to the original estimate of 5.96 yen.
  • The corporation’s operating income is doing better than projected, hitting an impressive 33.91 billion yen instead of the estimated 32.74 billion yen.
  • The company’s positive track record is reflected in the market’s confidence: 13 buys, 4 holds, and, impressively, 0 sells.

A look at LY Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE2.8

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

LY Corporation, the company behind the internet search engine “Yahoo! JAPAN,” holds a promising long-term outlook based on a comprehensive assessment of various factors by Smartkarma Smart Scores. With a solid Value score of 4, LY is deemed to offer good investment value. Additionally, the company shows resilience and steady performance with scores of 3 in both categories. Although not as strong in terms of Dividend and Momentum with scores of 2, LY demonstrates potential for future growth with a respectable score of 3 in that aspect. This balanced evaluation from Smartkarma Smart Scores suggests a positive trajectory for LY.

Operating within the realms of electronic commerce, settlement finance services, and media business, LY Corporation has positioned itself as a key player in the digital landscape. Its strategic focus on serving small and medium enterprises, individuals, and offering advertising services underscores its adaptive approach in a competitive market. The combination of a strong Value score, decent Growth prospects, and a resilient business model indicates a company that is well-equipped to navigate future challenges and capitalize on emerging opportunities.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

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  • βœ“ Unlimited Research Summaries
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