Samsung Fire’s 1Q Net has surpassed estimates, reaching 700.96 billion won instead of the predicted 615.87 billion won.
Operating profit for Samsung Fire soared to 897.06 billion won.
The sales of the company were reported to be 5.51 trillion won.
The company’s performance has led to 19 buys, 1 hold, and 1 sell in terms of stock performance.
A look at Samsung Fire & Marine Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
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, Samsung Fire & Marine Insurance appears to have a positive long-term outlook. With high scores in Dividend and Momentum, the company shows strength in rewarding investors and maintaining market momentum. Additionally, strong scores in Value, Growth, and Resilience indicate solid fundamentals and potential for future growth despite challenges. Overall, Samsung Fire & Marine Insurance seems well-positioned to withstand market fluctuations and deliver value to shareholders over the long run.
As a provider of insurance services in South Korea, Samsung Fire & Marine Insurance offers a range of products including auto, fire, marine, casualty, health, leisure, and retirement services. With favorable Smartkarma Smart Scores in key areas such as Dividend and Momentum, the company showcases its commitment to providing returns to investors and maintaining a positive market trend. This, coupled with solid scores in Value, Growth, and Resilience, positions Samsung Fire & Marine Insurance as a robust player in the insurance sector with promising prospects for the future.
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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