- Chubu Electric forecasts a higher net income for the fiscal year at 185 billion yen, surpassing the estimate of 173.88 billion yen.
- Expected net sales for the fiscal year are 3.55 trillion yen, slightly above the estimated 3.5 trillion yen.
- Projected dividend is 70 yen per share, compared to the estimate of 66 yen.
- Fourth-quarter operating income increased by 7.8% year over year to 57.93 billion yen, significantly beating the estimate of 36.96 billion yen.
- Fourth-quarter net income dropped by 24% year over year to 34.94 billion yen, falling short of the 39.75 billion yen estimate.
- Fourth-quarter net sales grew by 11% year over year, reaching 1.02 trillion yen, surpassing the projected 963.7 billion yen.
- Analyst recommendations: 3 buy ratings, 2 hold ratings, and no sell ratings.
A look at Chubu Electric Power Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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
Chubu Electric Power Co, a key player in the energy sector, is positioned favorably for long-term growth. According to the Smartkarma Smart Scores, the company excels in areas such as value, growth, and dividend, with strong scores of 5, 5, and 4 respectively. This indicates a solid foundation and potential for sustained profitability and expansion.
While the company scores lower in resilience and momentum, with scores of 3 and 4, its robust performance in value, growth, and dividend aspects bodes well for its future outlook. As a major provider of electricity in the Chubu region, Chubu Electric Power Co stands out for its strong financials and growth prospects, making it a promising investment choice for those seeking long-term value.
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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