- Kobe Steel’s forecast for the fiscal year anticipates an operating income of 165.00 billion yen, surpassing the previous estimate of 143.73 billion yen.
- They are predicting a net income of 120.00 billion yen, notably higher than the estimate of 97.36 billion yen.
- The estimated net sales stand at 2.66 trillion yen against the estimate of 2.65 trillion yen.
- The expected dividend is 90.00 yen, exceeding an estimate of 74.75 yen.
- In the fourth quarter, the operating income was 48.39 billion yen, a 49% year on year increase, beating the estimate of 34.18 billion yen.
- The fourth quarter marked a net loss of 175.0 million yen, a drastic fall compared to the previous year’s profit of 25.06 billion yen, despite estimate predicting a profit of 21.6 billion yen.
- The net sales in the fourth quarter amounted to 669.44 billion yen, a 2.7% decrease from the previous year, lower than the estimated sales of 715.55 billion yen.
- The company’s stock has been tagged with three buys, five holds, and zero sells.
A look at Kobe Steel Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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
Based on the Smartkarma Smart Scores, Kobe Steel Ltd has received high ratings across the board. With top scores in Value, Dividend, and Growth, the company is projected to have a positive long-term outlook. These scores indicate that the company is considered to be undervalued, offers attractive dividend yields, and has strong potential for growth. However, it is important to note that Kobe Steel scored lower in Resilience and Momentum, suggesting some vulnerabilities in these areas.
Kobe Steel, Ltd. is a diversified company operating in the steel, aluminum, and copper industries. In addition to producing steel plates and rods, the company is involved in various other sectors such as welding consumables, urban infrastructure, plant engineering, and industrial & construction machinery. With its presence in key regions like the US, Europe, and Asia, Kobe Steel has established a global footprint in various markets.
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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