- PZU’s net income for the financial year surpassed the estimates, with a total of 5.77 billion zloty.
- This signifies a 53% year-on-year increase, exceeding the estimated 5.41 billion zloty.
- Insurance sales for the year totaled 26.9 billion zloty.
- The operating profit stood at 16.1 billion zloty, marking a significant 97% year-on-year increase.
- Income before tax was also 16.1 billion zloty, representing a 98% year-on-year increase.
- This surpassed the pre-tax income estimate of 15.39 billion zloty.
- Regarding stock recommendations, there were more buys (4) than holds (6) and only one sell.
A look at Powszechny Zaklad Ubezpieczen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Powszechny Zaklad Ubezpieczen SA, a property and casualty insurance company, has a promising long-term outlook according to Smartkarma Smart Scores. With a score of 4 for both value and dividend, the company shows strong financial performance and potential for consistent returns for its investors. The growth score of 4 indicates the company’s ability to expand its business and increase its market share in the insurance industry. However, the company may face some challenges in terms of resilience, with a score of 3, as it may be vulnerable to external factors such as natural disasters or economic downturns. Nonetheless, with a momentum score of 4, Powszechny Zaklad Ubezpieczen has shown a positive trend in its stock performance, making it an attractive investment option for those looking for long-term stability and growth.
In summary, Powszechny Zaklad Ubezpieczen SA is a leading non-life insurance company that also offers life insurance products. Its strong financial performance and potential for consistent returns, as indicated by its high scores for value, dividend, and growth, make it a favorable choice for investors. However, investors should also consider the company’s resilience and potential risks it may face in the future. With a positive momentum score, Powszechny Zaklad Ubezpieczen shows promising prospects for long-term stability and growth in the insurance industry.
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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