Samsonite (1910) Earnings: FY Net Income Surpasses Estimates, Boosting Confidence in Market

Samsonite on Smartkarma

Analysts on Smartkarma, an independent investment research network, have recently provided coverage on Samsonite (1910 HK), a leading luggage maker. According to David Blennerhassett, the company has been the subject of several takeover interests, with potential offers from private equity firms and a rumored approach from ESR (1821 HK). Arun George also notes the possibility of a potential privatization, with a medium probability and an offer price likely around HK$30.00. Both analysts believe that Samsonite‘s current valuation is undemanding and offer potential upside for investors. Mohshin Aziz further supports this sentiment, valuing the stock at HKD34 based on its forecasted earnings and long-term PE. Brian Freitas also highlights the potential for Samsonite to be added to the Hang Seng Index in upcoming rebalances, which could have a significant impact on the stock’s performance. Overall, analysts on Smartkarma are bullish on Samsonite, with potential for growth and a potential takeover offer.

A look at Samsonite Smart Scores

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

Samsonite International SA, a well-known luggage brand, has been given an overall score of 3 out of 5 by Smartkarma Smart Scores. This indicates a positive long-term outlook for the company. The company scores high in growth and momentum, with a score of 4 out of 5 for both factors. This suggests that Samsonite is expected to continue growing and performing well in the future. Additionally, the company has a score of 2 out of 5 for both value and resilience, indicating that it may not be undervalued and may not be as resilient as other companies in the market. Samsonite also scores low in dividends with a score of 1 out of 5, meaning that it may not be a good option for investors seeking regular dividend payouts.

Samsonite International SA designs, manufactures, and distributes luggage, as well as licensing their trademarks for use on various products. With a Smartkarma Smart Score of 3 out of 5, the company is expected to continue growing and performing well in the future. However, it may not be undervalued and may not be as resilient as other companies in the market. Additionally, Samsonite may not be a good option for investors seeking regular dividend payouts. Overall, Samsonite‘s strong focus on growth and momentum suggests a positive long-term outlook for the company.

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.
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