- Net Income: CIE Automotive reported a net income of €80.4 million, surpassing the estimated €79.1 million.
- Revenue: The company achieved €973.9 million in revenue, exceeding the forecasted €935.5 million.
- EBITDA: CIE Automotive’s EBITDA stood at €184.4 million, higher than the estimated €173.6 million.
- EBIT: Earnings before interest and taxes (EBIT) were reported as €133.2 million, above the anticipated €131.4 million.
- Market Sentiment: The company received favorable ratings with 10 buys, 2 holds, and no sells from analysts.
Cie Automotive Sa on Smartkarma
Independent analyst Jesus Rodriguez Aguilar on Smartkarma recently covered Cie Automotive Sa with a bullish sentiment in his report titled “CIE Partial Tender Fizzles – No Proration, Bullish Signal.” The partial offer by CIE, which only had a 9.8% uptake, was seen as a signal of undervaluation in the company. With a consensus target price of €32 and a 4% yield, long-term holders are optimistic about the upside potential. The lack of proration and the belief in CIE’s strategic path further contribute to the positive outlook.
Rodriguez Aguilar’s analysis highlights the potential for re-rating in CIE, with the offer’s low uptake suggesting that investors anticipate more value in the future. The report emphasizes the company’s strong fundamentals, attractive peer comparisons, and the confidence shown by investors in CIE’s direction and liquidity plans. Overall, the research points to significant undervaluation and long-term growth prospects for Cie Automotive Sa, making it an interesting prospect for investors seeking upside potential.
A look at Cie Automotive Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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 at Smartkarma have given Cie Automotive Sa a solid long-term outlook based on its Smart Scores. This automotive manufacturer is rated with 3’s across the board for Value, Dividend, Growth, and Resilience, indicating a stable performance in these areas. Additionally, the company has received a Momentum score of 4, suggesting positive market momentum. Cie Automotive Sa‘s consistent scores highlight its potential for sustained growth and stability in the future.
Cie Automotive SA, a company known for manufacturing automotive stamping and related products, is well-positioned for long-term success based on its balanced Smart Scores. With a customer base that includes prominent names like Fasa-Renault and Lucas Diesel Espana, the company’s resilience and growth potential seem promising. The Momentum score of 4 further indicates a strong market position, underscoring Cie Automotive Sa‘s potential for continued success in the automotive 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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