- Adnoc Distribution reported a second quarter profit of 676.7 million dirhams.
- The company’s revenue for the same period amounted to 8.64 billion dirhams.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at 1.07 billion dirhams.
- The EBITDA margin for the quarter was recorded at 12.4%.
- The company has received 15 buy recommendations and 2 hold recommendations, with no sell recommendations.
A look at ADNOC Distribution Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
ADNOC Distribution, a company under the umbrella of Abu Dhabi National Oil Company, is set to maintain its solid position in the market as indicated by the Smartkarma Smart Scores. With a strong Dividend score of 4 and Momentum score of 4, investors can expect steady returns and consistent growth in the long term. Despite moderate scores in Value and Growth, the company’s resilience score of 2 suggests it is capable of withstanding market fluctuations and uncertainties, providing a sense of stability for investors.
As a distributor of petroleum products globally, ADNOC Distribution‘s focus on dividends and momentum signals a positive outlook for investors seeking income and growth potential. The company’s diversified product offerings including lubricants, greases, and natural gas for vehicles, coupled with its extensive service station network, positions it well for sustained performance in the market. Overall, ADNOC Distribution‘s Smart Scores paint a picture of a reliable and promising investment opportunity in the energy distribution sector.
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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