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Smartkarma Newswire

Renesas Electronics (6723) 1H Earnings: Anticipates Non-GAAP Revenue of 699.29B to 714.29B Yen Amid Increased Automotive Sales

By | Earnings Alerts

• Renesas is forecasting a 1H Non-GAAP revenue of 699.29 billion yen to 714.29 billion yen.

• The company is anticipating a Non-GAAP gross margin of 56.1%, along with a Non-GAAP operating margin of 31.4%.

• The net sales for the first quarter were reported at 351.79 billion yen, a decrease of 2.1% y/y.

• Automotive revenue has reached 178.15 billion yen, meeting its estimate of 178 billion yen.

• Industrial/Infrastructure/IoT revenue amounts to 171.58 billion yen, falling slightly short of its estimated 174.75 billion yen.

• The first quarter witnessed a Non-GAAP gross margin of 56.7% and a Non-GAAP operating profit of 113.5 billion yen.

• Operating profits were reported for both the automotive sector (57.35 billion yen) and the Industrial/Infrastructure/IoT sector (55.80 billion yen).

• The Non-GAAP operating margin for the first quarter stood at 32.3%, with a considerable gross profit of 93.37 billion yen in the automotive segment.

• The consolidated financial forecast for the second quarter of the fiscal year ending December 2024 expects an exchange rate of 148 yen per US dollar and 160 yen per euro.

• Analyst ratings display a positive outlook with 14 buys, 1 hold, and 0 sells.

• Comparisons to past results are based on figures reported by the company’s original disclosures.


Renesas Electronics on Smartkarma

Several independent analysts on Smartkarma have provided their insights on Renesas Electronics, shedding light on recent developments and future prospects.

Ethan Aw discusses Mitsubishi Electric’s plan to raise approximately US$800m through a block deal involving the sale of Renesas Electronics shares, which is deemed easily digestible and well-flagged within the market. Travis Lundy comments on Mitsubishi Electric’s gradual stake sell-down in Renesas, noting the string of recent block trades and the relatively smaller size of the current deal. Scott Foster highlights Renesas’ strategic acquisitions, emphasizing positivity for long-term growth despite current sales and profit challenges. Sumeet Singh covers the continued activity in Japan’s placements, including Renesas Electronics‘ significant selldown. Lastly, Brian Freitas touches on index rebalances and ETF flows impacting Asian markets, with a mention of Renesas among the highlighted changes.


A look at Renesas Electronics Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

Based on the Smartkarma Smart Scores, Renesas Electronics has a mix of ratings across different factors. While the company scores highest in Growth with a score of 5, indicating strong potential for future expansion, it lags slightly in other areas. With Value, Dividend, and Momentum scores of 2, the company may not be seen as undervalued, attractive in terms of dividend payouts, or experiencing high stock price momentum. However, with a Resilience score of 3, Renesas Electronics shows moderate strength in weathering market challenges.

Overall, Renesas Electronics Corporation, known for its research, development, design, and manufacturing of electronic components like semiconductors and integrated devices, appears to have a positive long-term outlook primarily due to its strong Growth score. While there are areas for improvement in Value, Dividend, and Momentum, the company’s resilience in the face of market shifts provides a solid foundation for potential future 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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Hulic Co Ltd (3003) Earnings Review: 1Q Operating Income Misses Estimates, A Detailed Analysis

By | Earnings Alerts
  • Hulic’s operating income for the first quarter was 23.73 billion yen, a significant drop of 31% compared to the previous year.

  • The net income was 15.86 billion yen, marking a decrease of 28% year over year. The estimate was 20.15 billion yen.

  • Net sales fell 4.4% year over year to 107.59 billion yen, although this slightly exceeded the estimate of 106.1 billion yen.

  • Despite these results, Hulic is maintaining its annual forecast. They expect an operating income of 153.00 billion yen and a net income of 98.00 billion yen.

  • The estimated dividend is also being held steady at 52.00 yen.

  • Opinions on the company’s performance are mixed, with 2 buys, 7 holds, and no sells.

  • All comparisons are based on values reported by Hulic in its original disclosures.


A look at Hulic Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
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

Based on Smartkarma’s Smart Scores, Hulic Co Ltd appears to have a promising long-term outlook. With a strong score of 5 in Dividend, the company shows a commitment to rewarding its investors with consistent payouts. Additionally, its respectable scores of 3 in both Value and Growth suggest a stable financial position and potential for future development in the real estate and marketable securities sectors. However, Hulic Co Ltd‘s lower scores in Resilience and Momentum (2 and 3 respectively) indicate some areas where the company may need to focus on strengthening its operations and market presence.

Overall, Hulic Co Ltd operates in the real estate, marketable securities investment, and environment-related businesses. With a balanced mix of positive scores in Dividend, Value, Growth, and Momentum, the company shows promise for investors seeking stable returns and potential growth opportunities in the long term. By addressing areas of improvement highlighted by the Smart Scores, Hulic Co Ltd can further solidify its position in the market and capitalize on its strengths in the real estate and investment sectors.


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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Hyundai Glovis (086280) Earnings Exceed Expectations: 1Q Operating Profit Surpasses Estimates

By | Earnings Alerts
  • The first-quarter operating profit of Hyundai Glovis exceeded the estimated figures. The actual operating profit was 384.77 billion won, compared to the estimated 378.79 billion won.
  • Hyundai Glovis‘ net worth in the first quarter rose to 304.26 billion won, higher than the predicted 276 billion won.
  • In terms of sales, Hyundai Glovis surpassed the expectations again with figures reaching 6.59 trillion won as against the estimated 6.52 trillion won.
  • The company received 15 buy ratings, was held once, and sold once.

A look at Hyundai Glovis Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience4
Momentum3
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

Hyundai Glovis, a company providing domestic and international logistic services, appears to have a positive long-term outlook based on the Smartkarma Smart Scores. With strong scores across key factors such as value, dividend, growth, resilience, and momentum, the company seems well-positioned to thrive in the market. This bodes well for Hyundai Glovis‘ overall performance and stability in the foreseeable future.

Notably, Hyundai Glovis scored consistently high across various aspects, indicating a robust foundation and potential for growth. With solid marks in value, dividend, growth, resilience, and commendable momentum, the company showcases promising fundamentals in its industry. Investors may find Hyundai Glovis an attractive prospect given its favorable Smart Scores and the company’s diverse range of services including domestic transportation, storage, packaging, vehicle logistics, logistic consulting, and operations in the automobile auction market for used vehicles.


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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Samsung SDS (018260) Surpasses Earnings Estimates in 1Q, Operating Profit Reaches 225.87 Billion Won

By | Earnings Alerts
  • Samsung SDS reported their first quarter operating profit at 225.87 billion won, surpassing the estimate of 203.83 billion won.
  • The net profit for the period was also ahead of estimates, reaching 210.90 billion won against the predicted 184.57 billion won.
  • However, the company’s sales, totalling 3.25 trillion won, came slightly below the estimate of 3.38 trillion won.
  • Analyst recommendations for their stocks currently stand at 16 buys, 2 holds, and 1 sell.

Samsung Sds on Smartkarma

Analyst coverage of Samsung SDS on Smartkarma recently highlighted important insights by Sanghyun Park in a report titled “Samsung Founder Family’s Pre-Announced Block Deals: Contract Terms & Fresh Contextual Conditions.” Park delves into the contract terms of the Samsung founder family’s block deals, analyzing new contextual conditions and their implications for trading. The report suggests that trading timing could extend beyond the current year due to year-end dividends, presenting potential opportunities in single-stock futures for proactive positioning. Park advises investors to prepare trading setups carefully, considering the evolving trading convenience and liquidity landscape.


A look at Samsung Sds Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience5
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

Smartkarma’s Smart Scores provide an insightful look into the long-term outlook for Samsung SDS. With a Growth score of 4 and a Resilience score of 5, the company seems positioned for strong expansion and the ability to weather future challenges. Samsung SDS, known for providing information technology services and outsourcing solutions, shows promise in maintaining growth and stability in the market.

Although the Value and Dividend scores stand at 3, indicating moderate performance in these areas, the Momentum score of 3 suggests a steady pace of development for Samsung SDS. Overall, the combination of solid Growth and Resilience scores paints a positive picture for the company’s future prospects in the IT services 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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Analyzing LG Energy Solution (373220) Earnings: Unveiling 1Q Operating Profits and Sales Figures

By | Earnings Alerts
  • LG Energy reported an operating profit of 157.3 billion won in the first quarter.
  • Sales for the period stood at 6.13 trillion won.
  • From the market perspective, LG Energy is performing well with 29 buys, 5 holds, only 1 sell.

LG Energy Solution on Smartkarma

Analyst Coverage of <a href="https://smartkarma.com/entities/lg-energy-solution">LG Energy Solution</a> on Smartkarma

Analysts on Smartkarma have provided mixed insights on LG Energy Solution, with a bearish sentiment prevailing. Douglas Kim‘s report titled “LG Energy Solution: A Big Earnings Miss in 4Q 2023″ highlights a significant earnings disappointment in the last quarter, leading to a probable reduction in earnings estimates for 2024 and 2025. The company’s operating profit fell by 43.5% below consensus, attributed in part to price pressures from major EV players like Tesla affecting EV battery makers such as LG Energy Solution.

Sanghyun Park, in the report “Exploring the Possibility of an LG Energy Solution Block Deal,” discusses LG Chem’s potential block deal for LG Energy Solution to address fundraising needs amidst global tax challenges. There is a shift towards block deals in the market, with local brokerages actively seeking such opportunities. Park suggests a strategic timing possibility before a planned EB issuance, considering LG Energy’s futures liquidity to ease trading concerns. The analysis reflects cautious sentiments surrounding LG Energy Solution‘s financial outlook and strategic moves.


A look at LG Energy Solution Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE2.6

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

LG Energy Solution, a leading battery manufacturer, exhibits a promising long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth, resilience, and momentum, the company’s overall outlook appears positive. The high score in growth signifies a potential for expansion and development in the future, while resilience and momentum indicators suggest stability and forward momentum within the market. Although the value and dividend scores are moderate, the robust performance in growth, resilience, and momentum positions LG Energy Solution well for sustained success in the evolving battery industry.

LG Energy Solution, known for its production and global marketing of a diverse range of batteries, appears well-positioned for future opportunities. The company’s focus on innovation and adaptability, reflected in its high growth score, indicates a willingness to embrace changing market dynamics. Additionally, LG Energy Solution‘s ability to navigate challenges and maintain momentum, as seen in its resilience and momentum scores, further strengthens its long-term prospects. Overall, LG Energy Solution‘s strategic positioning and commitment to growth underscore its potential for continued success in the battery 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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Renesas Electronics (6723) 1Q Earnings Report: Net Sales and Automotive Revenue Meet Estimates

By | Earnings Alerts
  • Renesas 1Q net sales reached 351.79 billion yen, closely meeting the estimate of 353.44 billion yen.
  • The automotive revenue was 178.15 billion yen, slightly surpassing the estimated 178 billion yen.
  • The Industrial/Infrastructure/IoT revenue was a bit below estimates at 171.58 billion yen compared to the predicted 174.75 billion yen.
  • Non-GAAP gross margin reported was 56.7%.
  • Automotive operating profit totalled 57.35 billion yen, falling a bit short of the estimated 58.5 billion yen.
  • Similarly, Industrial/Infrastructure/IoT operating profit was 55.80 billion yen, a little under the estimated 56.75 billion yen.
  • Non-GAAP operating margin stood at 32.3%.
  • The gross profit for the automotive segment came to 93.37 billion yen.
  • The overall market outlook for Renesas is positive with 14 buys, 1 hold and 0 sells.

Renesas Electronics on Smartkarma

Analysts on Smartkarma are closely covering Renesas Electronics, including a recent block trade by Mitsubishi Electric to raise approximately US$800m through a secondary block deal. The deal, involving the sale of 2.6% of Renesas’ total shares, is deemed easy to digest within three days of three months’ average daily volume. Analysts like Ethan Aw are optimistic about the move, indicating that it is likely well-flagged and providing insights on the placement and the deal’s impact through an ECM framework.

Furthermore, Travis Lundy and Scott Foster have also shared positive sentiments on Renesas Electronics, with Lundy noting that Mitsubishi Electric’s sale is part of a series of clean-up block trades aimed at reducing stakes, while Foster highlights Renesas’ strategic acquisitions of Altium and Transphorm as positive for long-term growth. Despite sales and profit pressure, analysts recommend buying on weakness for the long-term potential, showcasing confidence in Renesas’ future prospects.


A look at Renesas Electronics Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

According to Smartkarma Smart Scores, Renesas Electronics seems to have a promising long-term outlook. With a strong score of 5 in Growth, the company is positioned well for future expansion and development. This signifies that Renesas Electronics is focused on evolving and innovating in the electronic components industry.

Although the company scores a 2 in both Value and Dividend, indicating average performance in these areas, its resilience score of 3 suggests it may be able to withstand challenges and maintain stability. Additionally, with a momentum score of 2, Renesas Electronics is showing some positive signs of growth and market traction. Overall, these smart scores present a somewhat positive outlook for Renesas Electronics in the long run.

Summary: Renesas Electronics Corporation specializes in researching, developing, designing, and manufacturing electronic components such as semiconductors and integrated devices. The company’s Smartkarma Smart Scores imply a positive growth trajectory, supported by its commitment to innovation and market resilience.


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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Bumrungrad Hospital Pub Co (BH) Earnings Surpass Estimates with 1Q EPS Beat

By | Earnings Alerts
  • Bumrungrad’s earning per share (EPS) for the first quarter exceeded estimates.

  • The estimated EPS was 2.20 baht, but the actual came in at 2.50 baht.

  • Net income for the period was 1.98 billion baht.

  • Market response to Bumrungrad’s performance was predominantly positive with 18 buy ratings.

  • There are currently 6 hold ratings on the stock, with zero sell ratings.


Bumrungrad Hospital Pub Co on Smartkarma

Analysts on Smartkarma are upbeat about Bumrungrad Hospital Pub Co‘s performance, as highlighted by Tina Banerjee in her recent reports. In one analysis titled “Bumrungrad Hospital (BH TB): Record High Performance in 2023; Middle-East Performance Recovers,” Banerjee notes a significant 23% revenue growth driven by various patient segments. The company reported expanding margins, with revenue from Middle-East patients increasing by 23% in the second half of 2023 compared to the first half. Despite concerns about unrest in the Middle-East impacting the stock, the overall performance of Bumrungrad Hospital looks promising.

In another report by Tina Banerjee titled “Bumrungrad Hospital (BH TB): Strong 3Q23 Performance; Middle-East Tension Plays Spoilsports,” the analyst highlights an 18% year-over-year revenue growth in the third quarter of 2023, led by Thai and expat patients. EBITDA and profit after tax (PAT) reached record highs, showcasing the company’s financial strength. However, the ongoing tension in the Middle-East has dampened investor sentiment, leading to a noticeable decline in Bumrungrad Hospital’s shares. Despite this setback, the strong performance and growth in key patient segments indicate a positive outlook for the company’s future.


A look at Bumrungrad Hospital Pub Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
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

With a strong focus on growth and resilience, Bumrungrad Hospital Pub Co is positioned well for the long-term. Smartkarma Smart Scores indicate that the company excels in these areas, scoring a 5 in both Growth and Resilience. The Hospital, located in Bangkok, boasts international standard medical care facilities, including 554 beds for inpatients and 125 clinic examination suites serving thousands of outpatients daily.

While the Value and Dividend scores are more moderate at 2, Bumrungrad Hospital Pub Co‘s overall Momentum score of 4 further adds to its positive outlook. Investors looking for a company with high growth potential and a strong ability to withstand market fluctuations may find Bumrungrad Hospital Pub Co a promising long-term investment.


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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Keppel Corp (KEP) Earnings Report: 1Q Revenue Down by 6.3%; Aims for S$10-S$12B Asset Monetisation by 2026

By | Earnings Alerts
  • Keppel Ltd’s 1Q revenue has been reported at S$1.5 billion.
  • This represents a decrease of -6.3% year on year as compared to the previous S$1.6 billion.
  • The company is currently working towards the Final Investment Decision (FID) for its floating DC module, aiming to accomplish this in the first half of 2024.
  • Keppel has an asset monetisation target between S$10 billion and S$12 billion set for achievement by the end of 2026.
  • As per current ratings, the company holds 10 buys, 1 hold, and 2 sells.
  • All comparative statistics mentioned are based on numbers reported by the company’s original disclosures.

A look at Keppel Corp 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

Keppel Corporation Limited, a diversified company with core businesses in offshore and marine, infrastructure, property investment and development, telecommunications and transportation, energy, and engineering, has received varied Smart Scores across different categories. With a high score in Growth and Dividend, Keppel Corp shows promise for long-term potential and stable returns. The company’s momentum score also indicates positive market sentiment and performance. However, lower scores in Value and Resilience suggest some areas of caution when considering investment in Keppel Corp. Overall, the long-term outlook for Keppel Corporation Limited appears positive, especially in terms of growth and dividend prospects.


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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Vale (VALE3) Earnings Fall Short in 1Q: Key Insights from Proforma Adjusted Ebitda and Net Income

By | Earnings Alerts
  • Vale’s proforma adjusted Ebitda for the first quarter was $3.28 billion, which is down by 11% compared to the previous year, and missed the estimated figure of $3.39 billion.
  • Their net income is also down by 8.6% year-on-year, at $1.68 billion, which is lower than the estimated $1.73 billion.
  • However, the net operating revenue for Vale in the first quarter showed a slight increase of 0.3% year-on-year at $8.46 billion, though it did not reach the estimated $8.62 billion.
  • Capital expenditure increased by 23% year-on-year, recorded at $1.40 billion.
  • Investment sentiment remained positive, with 10 buys, 3 holds, and no sells.

A look at Vale Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
Momentum3
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, Vale is expected to have a positive long-term outlook. With a solid score of 5 in Dividend and scores of 4 in both Growth and Resilience, Vale seems to be well-equipped to weather various market conditions in the coming years. Its diverse product portfolio includes iron ore, manganese, nickel, and various other minerals, providing a strong foundation for growth.

Additionally, Vale’s strong performance in dividends indicates stability and attractiveness for investors seeking regular income. Although its Value and Momentum scores are slightly lower at 3, the overall outlook for Vale appears promising, especially considering its strategic operations in Brazil and robust infrastructure assets.


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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SK Hynix (000660) Earnings Exceed Expectations with Stellar 1Q Operating Profit

By | Earnings Alerts
  • SK Hynix displayed a strong performance in the first quarter, with an operating profit of 2.89 trillion won, significantly beating the estimate of 1.8 trillion won.
  • The net profit for SK Hynix in the first quarter also outperformed expectations, coming in at 1.92 trillion won, which is over double the estimated 916.69 billion won.
  • SK Hynix‘s sales for the first quarter were reported at 12.43 trillion won, surpassing the forecasted 12.11 trillion won.
  • In terms of investment opinions, SK Hynix has received forty ‘buy’ ratings, two ‘hold’ ratings, and just one ‘sell’ rating.

SK Hynix on Smartkarma

SK Hynix has been receiving positive analyst coverage on Smartkarma, an independent investment research network. Analyst Douglas O’Laughlin published a report titled “Why HBM is the Hottest Thing in Memory,” emphasizing the transformative impact of new memory technology on the industry and highlighting the importance of strategic investments in semiconductors based on market dynamics.

Furthermore, analyst William Keating‘s report, “SK Hynix & The Dawn Of Custom Memory Solutions,” reflects a bullish sentiment, noting the company’s strong Q423 performance with increased revenues and shifting focus towards custom memory solutions, driven by AI-related demand. This move is seen as a more profitable business model compared to the mainstream commodity approach. On the contrary, Keating’s bearish report, “SK Hynix. DRAM To The Rescue,” highlights the challenges faced by the company, particularly in the NAND segment, despite improvements in DRAM profitability.


A look at SK Hynix Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience3
Momentum5
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

SK Hynix Inc., a company deeply rooted in the electronic components industry, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company seems to be on a path of steady growth and dynamic performance. Furthermore, SK Hynix displays resilience with a score of 3, indicating its ability to navigate through challenges and maintain stability. While its value, dividend, and growth scores sit at 2, the company’s overall outlook appears positive.

SK Hynix Inc. is a key player in the semiconductor manufacturing space, specializing in a range of memory chips such as DRAM, NAND flash, and SRAM. Despite some areas of improvement highlighted by the Smart Scores, the company’s robust momentum and resilience scores bode well for its future performance in the electronic components industry. Investors may find SK Hynix to be an interesting prospect for long-term investment, considering its strong position in the market and potential for growth.


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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