Far Eastern New Century (1402) Earnings: August Sales Surge by 6.01% to NT$22.82 Billion

Far Eastern New Century on Smartkarma

Far Eastern New Century, a company under analyst coverage on Smartkarma, a platform where independent analysts publish research, has received positive sentiment in recent reports. Analyst Janaghan Jeyakumar, CFA, in their insights on the TDIV rebalance and flow expectations, highlighted the potential for US$253mn index flows and outlined expected changes in the indices. The analyst’s bullish stance and accurate predictions indicate a favorable outlook for Far Eastern New Century in the market.

In another report by the same analyst, focusing on the June 2024 rebalance, the estimated one-way flow for the TDIV index was around US$1.08bn, with a turnover of 17%. Despite some surprises in the TDIV index changes, the overall sentiment remains positive. These reports by Janaghan Jeyakumar, CFA, provide valuable insights for investors looking at Far Eastern New Century, showcasing the company’s potential for growth and promising trade opportunities.

A look at Far Eastern New Century Smart Scores

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 given Far Eastern New Century a positive outlook based on their Smart Scores assessment. The company scores high in value, indicating that it is considered undervalued by the market. This suggests that the stock may have significant growth potential in the long term. Additionally, Far Eastern New Century received a strong score in dividends, indicating that it may provide attractive returns to investors through dividend payments.

While the company’s growth and resilience scores were slightly lower, it excelled in momentum. The high momentum score implies that the stock has been performing well recently and is likely to continue its positive trend. Overall, Far Eastern New Century appears to be a promising investment opportunity for those looking for both value and dividend income in the Far East region.

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