• Sumitomo Metal’s forecasted net income for the next fiscal year is 56.00 billion yen, which falls short of the estimated 88.58 billion yen.
• The company’s net sales expectation is 1.49 trillion yen, narrowly beating the estimation of 1.46 trillion yen.
• Dividend prediction is 99.00 yen, falling behind the estimated expectation of 116.30 yen.
• In the fourth quarter, Sumitomo Metal noted a net income of 275.0 million yen, a severe drop of 96% year-on-year, offsetting the estimated loss of 9.2 billion yen.
• The company saw a modest 3.8% year-on-year increase in their fourth-quarter net sales, posting 360.35 billion yen, and outperforming the estimate of 336.32 billion yen.
• Analysts’ opinions about the company split with 2 buying, 6 holding, and 2 selling their shares in the company.
A look at Sumitomo Metal Mining Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Sumitomo Metal Mining Co., Ltd., a company that specializes in developing and mining non-ferrous metals like copper, gold, silver, nickel, lead, and zinc, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company appears to be performing well and gaining traction in the market. Additionally, Sumitomo Metal Mining scores high on value with a score of 4, indicating that it may be considered undervalued in comparison to its true worth. This suggests that there could be potential for growth and profitability in the future.
While the company scores moderately on dividend, growth, and resilience, with scores of 3 for each, indicating average performance in these areas, the overall picture painted by the Smart Scores is positive for Sumitomo Metal Mining. Investors may find the company attractive for its combination of strong momentum and value scores, hinting at opportunities for capital appreciation. As Sumitomo Metal Mining engages in the production and sale of precious metals, as well as electronic and construction materials, its diversified business lines may also contribute to its long-term success.
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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