- Nippon Steel FY forecasts a net income of 300.00 billion yen, which misses the estimated 508.07 billion yen.
- The company’s net sales forecast shows 8.80 trillion yen, falling short of the estimated 9.28 trillion yen.
- It also forecasts a dividend of 160.00 yen, less than the estimate of 164.58 yen.
- Regarding the first half forecast, the company predicts net sales of 4.40 trillion yen and net income of 180.00 billion yen.
- The fourth quarter results show a net income of 108.46 billion yen, representing a decrease of 39% year-on-year while the estimate was 39.25 billion yen.
- Net sales for the fourth quarter has increased by 11% year-on-year, amounting to 2.23 trillion yen, once again missing the 2.38 trillion yen estimate.
- The company rating stands with 9 buys, 3 holds and 2 sells.
- All comparisons to past results are based on values reported from the company’s original disclosures.
A look at Nippon Steel Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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
Looking ahead, Nippon Steel Corporation is poised for a positive long-term outlook based on its Smartkarma Smart Scores. With a top rating of 5 in Value, Dividend, and Growth categories, the company demonstrates strength in these key areas. This signifies a healthy financial position, a commitment to shareholder returns through dividends, and promising opportunities for future expansion and revenue growth.
However, it’s worth noting that Nippon Steel Corporation shows some room for improvement in the Resilience and Momentum categories with scores of 2 and 4 respectively. Despite this, the company’s diversified business portfolio, including steel products, plant construction, and new ventures in various industries, makes it well-positioned to weather challenges and capitalize on growth opportunities in the market.
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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