- Cimsa Cimento reported a net income of 717.1 million liras for the second quarter.
- This net income represents a decrease of 58% compared to the same period last year.
- The market had estimated a higher net income of 858.7 million liras.
- The company’s sales for the second quarter were 10.90 billion liras.
- Compared to last year, sales increased by 40%.
- This sales figure significantly exceeded the market’s estimate of 6.47 billion liras.
- Analyst recommendations for Cimsa Cimento include 8 buy ratings and 1 hold, with no sell ratings.
A look at Cimsa Cimento Sanayi Ve Tic Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| 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
Based on the Smartkarma Smart Scores, Cimsa Cimento Sanayi Ve Tic has a positive long-term outlook. With strong scores in Growth and a decent score in Value, the company is positioned for potential growth and value creation. Additionally, its Resilience score indicates a stable foundation for weathering market fluctuations. However, the lower Momentum score suggests that the company may face challenges in maintaining market traction in the short term.
Cimsa Cimento Sanayi Ve Tic, known for its production and sale of cement, clinker, and ready-mix concrete, is also engaged in packaging and paper bag production for its cement-related products. This diversified portfolio allows the company to tap into various segments of the construction materials market. Overall, with a balanced set of Smart Scores, Cimsa Cimento Sanayi Ve Tic shows promise for sustainable growth and stability in the long run.
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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