- Aldar reports a remarkable 1Q Revenue increase, significantly beating the estimates.
- The revenue stands at 5.62 billion dirhams, showcasing an 83% increase y/y.
- Aldar’s profit also shows a considerable rise, now at 1.32 billion dirhams, marking an 81% increase y/y.
- Further impressive numerics lie in the EPS (Earnings Per Share). Aldar now sits at 0.161 dirhams vs. the lower figure of 0.0860 dirhams y/y.
- The EPS notably beat the estimates, which stood lower at 0.13 dirhams.
- Regarding investment advice, the stats show 7 buys, 2 holds, and 0 sells.
A look at Aldar Properties PJSC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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, Aldar Properties PJSC shows a promising long-term outlook. With strong scores in value and growth, the company is positioned well in terms of its financial health and potential for future expansion. Additionally, its resilience score indicates a certain level of stability, which is a positive sign for investors looking for consistency in returns. While the dividend and momentum scores are not as high, the overall outlook remains positive for Aldar Properties PJSC.
Aldar Properties PJSC, a prominent property development and management company in the Middle East and North Africa region, has been recognized for its robust performance in value, growth, and resilience according to the Smartkarma Smart Scores. With a diverse portfolio including residential apartments, hotels, schools, offices, marinas, and golf courses, Aldar Properties has established itself as a key player in the real estate market. Despite lower scores in dividends and momentum, the company’s strong foundation and growth potential make it a favorable choice for investors seeking long-term growth in the real estate sector.
Summary: Aldar Properties PJSC is a leading property development, investment, and management company based in Abu Dhabi, United Arab Emirates. Established in 2005, the company operates in the MENA region and specializes in developing a wide range of properties including commercial and residential apartments, hotels, schools, offices, marinas, and golf courses.
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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