Earnings Alerts

Taiwan Cement (1101) Earnings Surge: August Sales Hit NT$13 Billion, Up 38.7%

By September 10, 2024 No Comments
  • Sales Performance: TCC Group Holdings reported sales of NT$13.00 billion in August.
  • Growth Rate: The sales represent a 38.7% increase compared to the previous period.
  • Stock Ratings: Analysts’ recommendations include 4 buys, 4 holds, and 1 sell.

A look at Taiwan Cement Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Taiwan Cement Corporation is positioned for a promising long-term outlook. With a top score of 5 in Value, the company is considered to be undervalued in the market, presenting a potential opportunity for investors. Additionally, its solid Dividend score of 4 indicates a stable track record of dividend payments, offering potential income for investors. However, the Growth score of 2 suggests a slower growth trajectory, which investors may need to consider.

While Taiwan Cement scores moderately in Resilience and Momentum with scores of 3, indicating a decent level of stability and market momentum, the company’s strengths lie in its value and dividend aspects. As a manufacturer and marketer of various types of cement products, including high strength and oil well cement, Taiwan Cement also diversifies its operations into transportation, construction, and information products, providing a broad base for potential growth and stability in the long term.


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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