- Hyundai Steel‘s first quarter sales reached 5.56 trillion won, exceeding expectations of 5.49 trillion won, despite a -6.5% decline compared to the previous year.
- The company reported an operating loss of 19.0 billion won. This contrasts with last year’s operating profit of 55.8 billion won, slightly greater than the estimated loss of 18.01 billion won.
- A net loss of 55.1 billion won was recorded, a shift from the previous year’s profit of 31.5 billion won, and significantly higher than the estimated net loss of 37.77 billion won.
- Analyst ratings include 16 buy recommendations, 5 hold, and no sell recommendations, highlighting a generally positive outlook from analysts despite the financial losses.
- Results are compared to past data as originally disclosed by Hyundai Steel.
A look at Hyundai Steel Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Hyundai Steel, an electric furnace steel maker known for producing a variety of steel products including concrete reinforcing bars and stainless steel sheets, is positioned well for the long term based on its Smartkarma Smart Scores. With a top score of 5 in Value, indicating strong value relative to its price, Hyundai Steel shows promise in terms of its financial attractiveness. Additionally, the company receives a commendable score of 4 in Dividend, suggesting a good dividend yield for investors seeking income.
In terms of growth potential, Hyundai Steel holds a score of 3, reflecting moderate growth prospects. While its Resilience and Momentum scores stand at 3 and 4 respectively, indicating a balanced level of stability and market momentum. Overall, Hyundai Steel‘s solid Smart Scores signal a positive outlook for the company’s future performance in the steel industry, both domestically and internationally.
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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