Daily Brief Equity Bottom-Up: Toyota Motors: Investing In Innovation For The Future Of Mobility! – Key Drivers and more

• Toyota Motor Corporation continues to deliver robust financial performance despite a myriad of challenges.
• In the fiscal year 2024 second-quarter results, the Japanese automotive giant reported an operating income of JPY 2,559.2 billion.
• This was a significant increase compared to the same period of the previous fiscal year.

• Cyber Security Cloud Inc (4493 JP) provides customers with subscription services based on software it develops in-house.
• In FY12/23, CSC reported revenue of JPY3.1bn, operating profit of JPY550mn, recurring profit of JPY560mn, and net income attributable to owners of the parent of JPY427mn.
• Cyber Security Cloud, Inc. announced the acquisition of its own shares

• Taiwan Semiconductor Manufacturing Company Limited (TSMC)’s fourth quarter revenue increased 14.4% sequentially due to the robust ramp-up of its industry-leading 3-nanometer technology.
• The gross margin, however decreased by 1.3 percentage points to 53% primarily due to margin dilution from 3-nanometer technology.
• The operating margin decreased by 0.1 percentage points to 41.6%, slightly ahead of the company’s guidance.Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

• We anticipate that the guidance upper limit for 1Q24F results may be reached.  
• The outlook is expected to see approximately a 10% QoQ increase in 2Q24F.  
• The recent stock market performance may reflect enthusiasm for Vanguard, despite temporary disregard for the name.

• VIC pitch remains relevant as Allegion is undervalued compared to historical P/E ratio
• Majority of sales from resilient aftermarket and institutional sectors make Allegion’s business more stable than perceived
• Strong presence in North America provides solid revenue base with high margins, presenting a strong investment opportunity for long-term growth and value appreciation

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Established in 1950, Nihon Denkei (9908 JP) is an independent specialized trading company with a leading domestic share, by sales, in electronic measuring instruments (source: Nihon Denkei).
• In FY03/23, sales were JPY104.8bn (+14.1% YoY), operating profit was JPY3.7bn (+40.4% YoY), and recurring profit was JPY4.0bn (+31.9% YoY).
• On June 24, 2020, the company announced the key elements of its medium-term plan, INNOVATION 2030.

• AstraZeneca’s Fourth quarter and full-year ’23 earnings reflects strong performance.
• Notably, the company achieved their decade-long target of $45 billion sales, demonstrating its consistent focus on long-term growth.
• The company’s diverse commodity areas, ranging from oncology to rare diseases, all demonstrated strong growth in 2023, with the company’s profitability expected to increase because of this.

• Arthur J. Gallagher & Co.
• reported strong fourth quarter results for 2023 with key financial metrics in line with its December IR day.
• Revenue growth for the Brokerage and Risk Management segments was 20% with 8.1% organic growth, a figure that the company corrects to 9.4% controlling for accounting adjustments and large life case timing.

• Bumble Inc.
• has reported an increase of 13% in its Q4 2023 revenue to $274 million, meeting its financial projections.
• This growth was propelled by a 16% rise in paying users, with contributions from both the Bumble and Badoo apps.

• Carvana has seen a big increase in its stock price despite concerns over bankruptcy that did not come to fruition
• The company has advantages in unit economics and is well-positioned to gain market share in the auto retail industry
• Carvana offers competitive pricing, quality, convenience, and selection, making it an attractive option for customers and investors alike

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.