- Saudi Telecom’s 1Q Profit surpassed estimates, coming in at 3.29 billion riyals, a 5.7% year-on-year increase from the estimated 3.15 billion riyals.
- The total revenue was 19.10 billion riyals, a 5.1% increase year-on-year, beating the estimated 18.74 billion riyals.
- Earnings per share (EPS) rose to 0.66 riyals from the previous year’s 0.62 riyals.
- The Operating profit was slightly less than the estimated 3.87 billion riyals, coming in at 3.86 billion riyals, a 3.4% increase year-on-year.
- The dividend per share matched the estimated 0.40 riyals.
- Earnings before interest, taxes, depreciation, and amortization (Ebitda) were 3.29 billion riyals, a 5.7% increase year-on-year.
- The increase in revenues is attributed to an increase in stc KSA’s revenues – specifically from the commercial unit revenues, carriers, and wholesale unit revenue – which offset the decline in business unit revenues.
- The revenues of stc’s subsidiaries also saw an increase.
- Among analysts, Saudi Telecom received 11 buys, 7 holds, and 0 sells.
A look at Saudi Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| 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
Based on the Smartkarma Smart Scores, Saudi Telecom Company appears to have a positive long-term outlook. With strong scores in Value and Dividend categories, indicating favorable pricing and dividends for investors, the company seems to offer good investment potential. Additionally, the high Resilience score suggests that the company is well-positioned to withstand market challenges, providing stability to investors. However, the lower scores in Growth and Momentum could indicate some challenges in these areas that may need to be addressed for sustained growth.
Saudi Telecom Company is a telecommunications services provider offering a wide range of services including fixed-line, mobile telecommunications, internet access, and public telephones. With its solid scores in Value, Dividend, and Resilience, the company presents a reliable investment opportunity for those seeking stability and potential returns. Investors may want to keep an eye on the areas of Growth and Momentum to see if there are opportunities for further development in these aspects to drive the company’s future performance.
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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