- ORLEN’s net income for the third quarter was 222 million zloty, showing a drastic 95% decrease from the previous year.
- The company’s revenue for the same period was 67.94 billion zloty, a 14% decline compared to the previous year.
- Earnings before interest and taxes (Ebit) were 1.60 billion zloty, down 78% year-over-year.
- For the first nine months of the year, ORLEN reported a net income of 3.02 billion zloty.
- The third-quarter Ebitda LIFO, after removing impairment allowances, was 8.81 billion zloty, aligning with preliminary statements.
- The company plans to allocate 33 billion zloty for capital expenditures (Capex) in 2024, according to CFO Magdalena Bartos.
- The investment community’s sentiment includes 8 buy ratings, 5 hold ratings, and no sell ratings on ORLEN’s stock.
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A look at ORLEN Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| 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
ORLEN Spolka Akcyjna, a multi-utility company, is positioned for a promising long-term future based on its Smartkarma Smart Scores. With a top score of 5 in Value, it indicates that the company is fundamentally sound and trading at an attractive valuation. Coupled with strong scores of 4 in both Dividend and Growth, ORLEN shows promising potential for providing steady returns and expanding its operations in the future. Despite a slightly lower score of 3 in Resilience and 2 in Momentum, the overall outlook remains positive for ORLEN as it continues to establish itself as a key player in the energy sector.
Specializing in various sectors such as electricity generation, oil processing, and fuel production, ORLEN’s diversified business model positions it well for future growth and stability. The combination of solid Value and Dividend scores, along with a strong Growth rating, indicates a company that is well-managed and poised for long-term success in the market. Although facing some challenges in terms of Resilience and Momentum, ORLEN’s overall Smartkarma Smart Scores highlight its potential to deliver value to investors over the coming years.
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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