- Aygaz reported a second-quarter net income of 963.1 million liras, surpassing estimates of 641 million liras and significantly higher than last year’s 346.8 million liras.
- Sales for the second quarter were 20 billion liras, a 16% decrease year-over-year, but slightly above the estimated 19.35 billion liras.
- For the first half of the year, Aygaz’s net income was 975.6 million liras, compared to 341 million liras from the previous year.
- Analyst recommendations for Aygaz include 4 buy ratings and 4 hold ratings, with no sell ratings.
A look at Aygaz AS Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 4.0 |
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
Analysts using Smartkarma Smart Scores have given Aygaz AS a positive long-term outlook based on its strong scores in Value and Dividend factors, both receiving the highest score of 5. This indicates that the company is considered to be potentially undervalued and offers attractive dividend yields. Additionally, Aygaz AS received a score of 4 in both Growth and Resilience, showcasing promising growth prospects and a resilient business model. However, the Momentum score of 2 suggests a slower current performance in the market.
Aygaz AS, a company that purchases from local refineries and distributes liquified propane gas, also expands its market reach by offering a variety of other products such as plastifiers, alcohols, solvents, aromatic hydrocarbons, and general purpose plastics. Operating a fleet of ships and LPG filling plants, Aygaz AS demonstrates a diversified business model. With notable scores in key areas, Aygaz AS looks poised for long-term success in the industry.
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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