- Operating income for 1Q 2024 was 1.27 billion yen, down 93% year-over-year; analysts estimated 3 billion yen.
- Net income for the same period was 3.46 billion yen, down 83% year-over-year; analysts estimated 3.11 billion yen.
- Net sales for the quarter were 118.28 billion yen, a decrease of 1.6% year-over-year; analysts estimated 112.89 billion yen.
- For the first half of 2024, Rohm maintains its forecast of:
- Net sales at 225.00 billion yen
- Operating income at 6.00 billion yen
- Net income at 7.50 billion yen
- For the full year of 2025, Rohm maintains its forecast of:
- Operating income of 14.00 billion yen, versus an estimate of 25.03 billion yen
- Net income of 14.00 billion yen, versus an estimate of 24.88 billion yen
- Net sales of 480.00 billion yen, versus an estimate of 499.03 billion yen
- Dividend of 50.00 yen, in line with estimates
- Stock analyst recommendations: 11 buys, 1 hold, 2 sells.
- Comparisons to past results are based on values reported by the company’s original disclosures.
ROHM Co Ltd on Smartkarma
ROHM Co Ltd is drawing attention from top independent analysts on Smartkarma like Scott Foster. In an insightful report titled “Rohm (6963 JP): Negative Scenario Discounted,” Foster presents a bullish perspective. Despite a 43% decline from its 52-week high, the stock seems to have factored in the expected earnings downturn. With a “severe” guidance for the current year and conservative valuations for the next, the company’s performance is being closely monitored. Despite the challenging outlook, Foster suggests that investing in the company during this weak period may prove beneficial, as a recovery is anticipated in the second half.
A look at ROHM Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
ROHM Co Ltd, a manufacturer of custom linear integrated circuits and semiconductor devices for consumer electronics, has received an overall positive outlook based on Smartkarma Smart Scores. With impressive scores across multiple factors including Value, Dividend, and Growth at 4 each, the company demonstrates strong fundamentals and growth potential in the long term. Additionally, ROHM Co Ltd‘s Resilience score of 3 indicates a sturdy foundation to weather market uncertainties. However, the company’s Momentum score of 2 suggests a slower pace in terms of market performance.
Having plants and sales offices globally, ROHM Co Ltd is well-positioned to capitalize on the growing demand for semiconductor devices. Its subsidiaries, Wako Electric and Apollo Electronics, further strengthen its market presence and offerings. Overall, with robust scores in key factors driving long-term success, ROHM Co Ltd appears to be a promising investment option with solid value, growth prospects, and shareholder returns. Investors may find the company’s strong fundamentals and global reach appealing for sustainable returns in 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
