- Aselsan’s net income for the second quarter of 2024 was 2.28 billion liras, a decrease of 13% compared to the same period last year.
- Sales for the second quarter increased by 11% year-over-year, reaching 19.3 billion liras.
- For the first half of 2024, Aselsan reported a net income of 3.8 billion liras, up significantly from 1.58 billion liras in the first half of the previous year.
- Analysts’ recommendations for Aselsan stock include 9 buys and 5 holds, with no sells.
A look at Aselsan Elektronik Sanayi Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Aselsan Elektronik Sanayi Ve Ticaret A.S., a company specializing in military and civil telecommunications equipment, has received favorable Smartkarma Smart Scores in various categories. With a strong momentum score of 4, the company is showing positive trends that may indicate future growth and performance. Additionally, Aselsan Elektronik Sanayi has scored well in resilience and value, both receiving a score of 3, suggesting that the company possesses stability and offers fair value to investors.
Although the dividend score is lower at 2, Aselsan Elektronik Sanayi‘s overall outlook appears promising. The growth score of 3 indicates potential for future expansion and development within the industry. Investors may find Aselsan Elektronik Sanayi a compelling choice considering its solid scores in momentum, resilience, and value, which point towards a favorable long-term outlook for the company.
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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