Key Points:
- IOI’s 3rd quarter net income amounted to 123.1 million ringgit, displaying a year over year decrease of 38%.
- Revenue for the same quarter was recorded at 2.46 billion ringgit, marking a -7.4% change when compared with the revenue of the previous year.
- Earnings per Share (EPS) have also seen a decline, being valued at 1.980 sen which is lower than last year’s 3.180 sen.
- The market is divided with 7 analysts recommending a ‘buy’, 7 suggesting a ‘hold’ and 4 favoring a ‘sell’.
A look at IOI Corp Bhd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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
IOI Corp Bhd, a company known for its involvement in oil palm and rubber cultivation and processing as well as property development, has been assessed using Smartkarma Smart Scores. With a solid overall outlook, scoring 3 in both Growth and Resilience, as well as a 3 in Momentum and Dividend, IOI Corp Bhd appears to be set for long-term success. While its Value score of 2 indicates some room for improvement in this area, the company’s strong performance across other factors bodes well for its future prospects.
IOI Corp Bhd‘s respectable Smart Scores suggest a promising trajectory ahead, particularly in terms of growth potential, resilience in the face of challenges, and dividend payouts. With a diversified business portfolio that includes landscape services, ornamental plants, and construction services, the company seems well-positioned to capitalize on opportunities in its various sectors and drive sustainable growth in the long term.
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
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
