- Indofood CBP’s net income for the fiscal year was 6.99 trillion rupiah, an increase of 52% year on year, but missed the estimated 8.83 trillion rupiah.
- The company’s net sales amounted to 67.91 trillion rupiah, slightly below the estimated 68.63 trillion rupiah.
- Dairy revenue reached 9.13 trillion rupiah, falling just short of the estimated 9.19 trillion rupiah.
- Instant noodles brought in the highest revenue at 50.44 trillion rupiah, against an estimated 51.16 trillion rupiah.
- Snack foods revenue was 4.25 trillion rupiah, slightly below the estimated 4.37 trillion rupiah.
- Food seasonings revenue hit 3.67 trillion rupiah, surpassing the estimate of 3.66 trillion rupiah.
- Nutrition and special foods revenue matched the estimate at 1.22 trillion rupiah.
- Beverages revenue exceeded the estimate, coming in at 1.61 trillion rupiah compared to the estimated 1.59 trillion rupiah.
- Gross profit was 25.13 trillion rupiah, beating the estimated 24.78 trillion rupiah.
- Earnings per share (EPS) was 599.00 rupiah, below the estimated 777.70 rupiah.
- 34 analysts recommended buying Indofood CBP’s stock, with none recommending holding or selling.
Indofood CBP Sukses on Smartkarma
Indofood CBP Sukses (ICBP) is a company that makes food and drinks. It is watched closely by analysts on Smartkarma, which is a place where independent analysts share their research about companies. One analyst on Smartkarma, Angus Mackintosh, wrote a report about ICBP. He thinks that ICBP is doing well in both its home market and in other countries. This is because it has popular brands like Indomie and Chitato. Even though ICBP is doing well, its stock price does not show this. This means that the stock might be a good investment for people who want to make money.
A look at Indofood CBP Sukses Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
Indofood CBP Sukses, a leading food solutions company, has been given a positive outlook for its long-term performance based on the Smartkarma Smart Scores. These scores, which range from 1 to 5, indicate the company’s overall outlook in various areas. Indofood CBP Sukses received a score of 4 for momentum, indicating strong potential for future growth and success. The company also scored a 3 in both dividend and resilience, showing its ability to provide returns to shareholders and weather potential challenges. With a score of 3 for growth, Indofood CBP Sukses is expected to continue expanding its operations and product offerings.
PT Indofood CBP Sukses Makmur Tbk is a total food solutions company that covers all stages of food manufacturing, from sourcing raw materials to producing consumer products. The company has been given a favorable long-term outlook through the Smartkarma Smart Scores, with a score of 2 for value. This indicates that Indofood CBP Sukses is considered to be trading at a reasonable price in the market. Overall, the company’s strong scores in various areas bode well for its future performance and solidify its position as a key player in the food industry.
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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