- Adaro Energy‘s FY net income has surpassed estimates, coming in at $1.64 billion, a 34% decrease from the previous year.
- The company’s revenue was $6.52 billion, a 20% decrease year-on-year, beating the estimate of $6.26 billion.
- Operating Ebitda was reported at $2.55 billion, surpassing the estimate of $2.46 billion.
- Earnings per share (EPS) were 5.30c, a decrease from 8.0320c year-on-year, but still higher than the estimated 4.89c.
- The company forecasts its capital expenditure to be between $600 million to $700 million, lower than the estimated $814.9 million.
- Currently, Adaro Energy has 14 buys, 16 holds, and 1 sell in its stock ratings.
Adaro Energy on Smartkarma
Adaro Energy, a leading Indonesian coal mining company, has recently been in the spotlight on Smartkarma, an independent investment research network. According to analyst Brian Freitas, the company’s stock is expected to experience a bearish trend in the coming days due to the upcoming IDX30, LQ45, and IDX80 index rebalance. This rebalance, which is set to take place on Tuesday, will require passive trackers to sell ADRO shares and buy stocks from other companies such as Bank Rakyat Indonesia and GoTo Gojek Tokopedia. This change is expected to have a significant impact on ADRO’s stock price, with passive trading to other stocks also contributing to the overall market movement.
A look at Adaro Energy Smart Scores
|OVERALL SMART SCORE
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 the Smartkarma Smart Scores, the long-term outlook for Adaro Energy is looking positive. Adaro Energy, a coal mining company, has received high scores in various factors. These include a score of 4 for value, indicating that the company is considered to be undervalued in the market. In addition, Adaro Energy scored a perfect 5 for both dividend and growth, suggesting that the company has a strong track record of paying dividends and is expected to experience growth in the future. Furthermore, the company received a score of 5 for resilience, indicating that it is able to withstand market fluctuations and economic downturns. However, Adaro Energy scored a slightly lower 3 for momentum, suggesting that there may be room for improvement in terms of its market performance.
PT Adaro Energy Tbk is primarily involved in coal mining and trade, as well as providing coal infrastructure and logistics services. The company also offers mining contractor services. With high scores in key areas such as value, dividend, growth, and resilience, Adaro Energy is well-positioned for long-term success. While its momentum score may be slightly lower, the company’s strong performance in other areas suggests that it has the potential to continue growing and delivering returns for its shareholders in the 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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