- Pretax profit of JM for the first quarter was reported at SEK128 million, which did not meet the estimated SEK136.1 million.
- The company made an impressive revenue of SEK3.03 billion, which surpassed the estimated SEK2.86 billion.
- The number of residential units sold by the company was confirmed to be 480.
- On the other hand, the number of housing starts reported by the company was 145.
- Operating profit for JM was a noteworthy SEK160 million, which exceeded the estimated SEK150 million.
- The number of buys, holds, and sells were 4, 2, and 2 respectively.
A look at JM AB Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 5 | |
Growth | 3 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.6 |
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
When looking at the Smartkarma Smart Scores for JM AB, the company seems to have a mixed long-term outlook. With a high score in Dividend and a good score in Value and Momentum, JM AB appears to be a company that provides solid returns to its shareholders. However, with lower scores in Growth and Resilience, there may be challenges ahead in terms of expanding its business and weathering potential economic downturns. Overall, JM AB‘s focus on managing property and constructing buildings seems to be well-received by investors.
Based on the provided Smart Scores, JM AB‘s strengths lie in providing dividends to its investors and being perceived as a valuable investment. However, there may be room for improvement in terms of growth opportunities and resilience to market fluctuations. Investors may want to consider these factors when evaluating JM AB‘s potential for long-term growth and stability in the property and construction sector.
Summary of the companyez- JM AB manages property and constructs buildings. The Company projects, builds and markets single-family housing, apartment houses and office buildings. JM owns and manages commercial buildings primarily in and around the cities of Stockholm, Gothenburg, Malmo and Uppsala in Sweden. The Company also owns properties in Norway, Belgium and Portugal.
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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