Earnings Alerts

Tenaga Nasional (TNB) Earnings Reveal 3Q Net Income of 1.58B Ringgit and EPS of 27.33 Sen

By November 28, 2024 No Comments
  • Tenaga Nasional reported a net income of 1.58 billion ringgit for the third quarter.
  • The company’s revenue for the same period was 14.35 billion ringgit.
  • Earnings per share (EPS) stood at 27.33 sen.
  • Analyst recommendations include 15 buys, 6 holds, and 1 sell.

A look at Tenaga Nasional Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum5
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

According to Smartkarma Smart Scores, Tenaga Nasional is showing a promising long-term outlook. With a high momentum score of 5, the company is demonstrating strong positive price trends and investor interest. Additionally, its solid dividend score of 4 indicates a reliable track record of paying dividends to shareholders. While its value and growth scores sit at 3, suggesting a fair valuation and moderate growth potential, Tenaga Nasional‘s resilience score of 2 highlights some areas that may need improvement to better weather economic downturns.

Tenaga Nasional Berhad is a company engaged in the transmission, distribution, and sale of electricity, operating under a license issued by the Director General of Electricity Supply. The company’s offerings extend to the manufacturing, sale, and repair of transformers and switchgears, as well as providing project management, consultancy, engineering works, and energy project development services through its subsidiaries. With a mix of moderate to high Smart Scores across various factors, Tenaga Nasional seems to be positioned for steady growth and investor returns in the foreseeable future.


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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