- Screen HD revised its forecast for fiscal year 2024 operating income to 105.00 billion yen, up from a previous forecast of 100 billion yen, but below the market estimate of 106.25 billion yen.
- The company now expects net income for the year to be 75.00 billion yen, up from the prior forecast of 72 billion yen, but slightly short of the 75.83 billion yen market estimate.
- Screen HD forecasts net sales to reach 564.50 billion yen, slightly higher than the earlier forecast of 560 billion yen and above the market estimate of 562.29 billion yen.
- The dividend per share is projected to be 233.00 yen, which is above the market estimate of 230.00 yen.
- For the first half of the fiscal year, the operating income is expected to be 53.00 billion yen, up from the previous forecast of 48 billion yen.
- First half net income is forecasted to be 35.00 billion yen, higher than the prior forecast of 32 billion yen.
- Net sales for the first half are projected to be 280.50 billion yen, compared to the previous estimate of 276 billion yen.
- First quarter results showed significant growth:
- Operating income was 27.77 billion yen, compared to 13.42 billion yen year-over-year (y/y), exceeding the estimate of 24.85 billion yen.
- Net income was 18.22 billion yen, a 93% increase y/y, slightly above the estimate of 18.13 billion yen.
- Net sales were 134.22 billion yen, a 35% increase y/y, surpassing the estimate of 131.35 billion yen.
- Analyst recommendations include 4 buys, 11 holds, and no sells.
SCREEN Holdings on Smartkarma
Analysts on Smartkarma have differing views on SCREEN Holdings. Scott Foster‘s report “Screen Holdings (7735 JP): Guiding for Lower Profits in H2” notes a 24% decline from the March high with a buy recommendation based on strong AI-related foundry demand.
Brian Freitas covers different aspects in his reports. In “Index Rebalance & ETF Flow Recap”, he mentions upcoming index announcements affecting Asian markets. In another report, “Screen Holdings (7735 JP): Positioning & Potential Passive Buying“, he highlights the potential addition of the company to a global index, leading to buying opportunities despite cheaper valuations compared to peers.
A look at SCREEN Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 5 | |
| 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
SCREEN Holdings Co Ltd. is positioned for long-term success based on the Smartkarma Smart Scores analysis. With a strong focus on growth and resilience, scoring 5 in both categories, the company demonstrates a solid capacity for expansion and the ability to weather economic uncertainties. Additionally, with a notable score of 3 in dividends, SCREEN Holdings offers the potential for investors to receive regular income payouts. Although the value and momentum scores are lower at 2, the company’s emphasis on growth and resilience suggests a promising outlook for investors seeking a stable and growing investment.
Overall, SCREEN Holdings Co Ltd. stands out for its robust growth potential, resilience in the face of market challenges, and a commitment to providing dividend returns to investors. Specializing in manufacturing and selling semiconductors, FPD devices, commercial printing, and PCBs, the company’s diverse product range and additional services further enhance its position in the market. With a strategic focus on growth and resilience, SCREEN Holdings appears to be a promising long-term investment option for those looking to capitalize on the company’s strengths in key areas.
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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