• Nidec still sees its FY operating income at 230.00 billion yen, falling short of the estimated 245.15 billion yen.
• The company is still predicting a net income of 165.00 billion yen, lower than the earlier estimation of 184.2 billion yen.
• Nidec is still expecting net sales to reach 2.40 trillion yen, which is lower than the estimate of 2.52 trillion yen.
• Despite the lower estimates, the company is still hoping to give a dividend of 80.00 yen, 4 yen less than the estimated 84.00 yen.
• In terms of first half forecast, Nidec anticipates an operating income of 100.00 billion yen.
• The company also expects a net income of 74.00 billion yen for the first half of FY.
• Nidec predicts net sales of 1.14 trillion yen for the initial half of FY.
• The company is rated with 15 buys, 5 holds, and 1 sell.
• These forecasts are compared to past results based on values from the company’s original disclosures.
Nidec Corp on Smartkarma
Analyst coverage of Nidec Corp on Smartkarma by Mark Chadwick has provided a range of insights on the company’s performance. In a report titled “More EV Losses,” Nidec showed growth in all segments except for significant losses in its EV business, making the stock seem attractively priced for future growth. Another report, “Liquid Cooling Overheats Stock,” highlighted Nidec’s stock surge after announcing CDU production expansion plans in Thailand, despite concerns over market impact. Additionally, the analysis in “Forget the EV Slump” discussed Nidec’s challenges in the global EV market but presented potential catalysts and strong positioning for investment.
In the latest report, “A Mixed Quarter,” Nidec’s net sales increased YoY, operating profit rose significantly, but there was a slight QoQ decrease and a revision in full-year profit guidance. Despite the mixed results, the long-term structural electrification thesis continues to support a bullish outlook on Nidec’s prospects, making it an intriguing investment opportunity in the evolving landscape of electrification, automation, and energy efficiency.
A look at Nidec Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
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, Nidec Corp seems to have a promising long-term outlook. The company receives a high score of 5 for Momentum, indicating strong positive market sentiment and an uptrend in performance. This suggests that Nidec Corp is on a good trajectory for growth and investment opportunities.
In addition, Nidec Corp shows decent scores in the areas of Growth and Resilience with scores of 3, highlighting its potential for expansion and ability to weather economic fluctuations. While the Value and Dividend scores are on the lower side with a score of 2 each, the overall outlook for Nidec Corp appears favorable, especially considering its diverse product offerings and active involvement in M&A activities.
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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