Hanwha Aerospace (012450) Earnings: 2Q Operating Profit Soars to 358.8 Billion Won, Exceeding Estimates

Hanwha Aerospace on Smartkarma

Analyst coverage of Hanwha Aerospace on Smartkarma by Douglas Kim reveals some insightful perspectives. In an analysis titled “What Did NPS Buy and Sell in Korean Stock Market in 2Q 2024?“, it is highlighted that the National Pension Service (NPS) reduced its investments in defense and military stocks, including a stake in Hanwha Aerospace. This shift in investment strategy by NPS towards other sectors like cosmetics and shipbuilding indicates changing market dynamics.

In another report, “Hanwha Aerospace: Spin Off of Semiconductor Equipment and Video Surveillance Units,” Douglas Kim expresses a bearish sentiment towards Hanwha Aerospace. The company’s decision to spin off its semiconductor equipment and video surveillance units may have contributed to approximately 16% of its revenue. Kim cites concerns over lofty valuations, indicating that despite recent growth, Hanwha Aerospace is trading at a premium compared to Lockheed Martin on an EV/EBITDA basis. This evaluation suggests caution towards Hanwha Aerospace due to its current price levels.

A look at Hanwha Aerospace Smart Scores

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, Hanwha Aerospace shows promising long-term potential. With a Growth score of 4 and a Momentum score of 5, the company is positioned well for future expansion and market performance. This suggests that Hanwha Aerospace may experience significant growth and positive momentum in the coming years, signaling a favorable outlook for investors looking at long-term opportunities.

Though Hanwha Aerospace scores lower in Value, Dividend, and Resilience, its strengths in Growth and Momentum indicate a potentially bright future. As an aircraft parts manufacturing company with a global presence, Hanwha Aerospace‘s focus on gas turbine engine products and other aviation components positions it strategically in a growing industry, fostering optimism for sustained growth and market 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma