Earnings Alerts

United Tractors (UNTR) Earnings: 1H Net Income Drops 15% to 9.53 Trillion Rupiah Year-over-Year

  • United Tractors‘ net income for the first half of 2024 is 9.53 trillion rupiah, a 15% decline compared to the 11.22 trillion rupiah for the same period last year.
  • The company’s revenue for the first half of 2024 stands at 64.51 trillion rupiah, down 6.1% from the previous year’s figure.
  • United Tractors‘ earnings per share (EPS) decreased to 2,625 rupiah from 3,088 rupiah year-over-year.
  • The stock currently has 19 buy ratings, 5 hold ratings, and 1 sell rating.
  • All comparisons are based on values reported from the company’s original disclosures.

A look at United Tractors Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE4.4

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

United Tractors, a leading distributor and lessor of construction machinery, is positioned for a solid long-term outlook as indicated by its Smartkarma Smart Scores. With top ratings in Dividend, Growth, and Momentum, the company showcases strong financial health and growth potential. The high Dividend score reflects its commitment to rewarding shareholders, while the Growth and Momentum scores signal promising opportunities for expansion and market performance. Additionally, a respectable Resilience score underlines the company’s ability to navigate economic challenges effectively, further bolstering its overall outlook.

PT United Tractors Tbk stands out in the industry with its diverse offerings of construction machinery including renowned brands like Komatsu and Scania. Alongside distributing and leasing machinery, the company engages in contract mining services and heavy equipment trading and assembly. The impressive Smart Scores, particularly in Dividend, Growth, and Momentum, position United Tractors as a strong contender for long-term investment, backed by its solid financial performance and growth prospects in the market.


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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