Earnings Alerts

Axiata Group (AXIATA) Earnings: 3Q Net Income Soars to 976.7M Ringgit with EPS at 10.6 Sen

By November 28, 2024 No Comments
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  • Axiata reported a net income of 976.7 million ringgit for the third quarter.
  • The company’s revenue for the same period was 5.32 billion ringgit.
  • Earnings per share (EPS) stood at 10.6 sen.
  • Market analysts have made 12 buy recommendations for Axiata’s stock.
  • There are 9 hold recommendations for the stock from analysts.
  • Two analysts have issued a sell recommendation for Axiata’s stock.

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A look at Axiata Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience2
Momentum3
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

Analysts at Smartkarma have provided a comprehensive overview of Axiata Group Berhad’s long-term outlook using their unique Smart Scores. Despite facing mixed scores in various aspects, Axiata Group remains a steady player in the telecommunications sector. With a moderate Value score of 3, the company is perceived to have a decent valuation relative to its peers. Investors looking for stable returns may find Axiata Group appealing with a solid Dividend score of 4, indicating a strong dividend payment potential. However, the Growth and Resilience scores stand at 2 each, reflecting some challenges in these areas. Axiata Group‘s Momentum score of 3 suggests a steady pace in terms of market performance.

Axiata Group Berhad, a prominent telecommunications company, is focused on delivering telecommunications and related services. With a balanced mix of scores from Smartkarma’s analysis, Axiata Group presents a blend of value, dividend attractiveness, and market momentum. While the company may face hurdles in growth and resilience, its established presence and dividend stability could offer long-term benefits to investors seeking a reliable player in the competitive telecommunications landscape.


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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