Earnings Alerts

Dongfeng Motor (489) Earnings: September Vehicle Sales Dip 3.6% Despite Strong Buy Ratings

  • Dongfeng Motor reported a 3.6% decrease in vehicle sales for September.
  • Year-to-date vehicle sales reached 1.32 million units.
  • The company received 9 “buy” recommendations from analysts.
  • There are currently 2 “hold” recommendations for the company’s stock.
  • There are no “sell” recommendations for Dongfeng Motor at this time.

Dongfeng Motor on Smartkarma

Analysts on Smartkarma have recently covered Dongfeng Motor (489 HK), particularly focusing on its upcoming privatisation and concurrent listing of its electric vehicle (EV) arm, VOYAH. David Blennerhassett suggests caution in trading Dongfeng, noting the market’s implied price-to-trailing-sales of VOYAH compared to the industry average. Arun George highlights the upside potential of VOYAH, indicating a premium offer value above the appraised value. Blennerhassett’s analysis questions the EV listing valuation, noting the spread between the share price and the independently valued cash + scrip under the privatisation.

Furthermore, in the Asia-Pacific M&A landscape, David Blennerhassett provides insights on various transactions, including Dongfeng Motor, as part of the ongoing discussions on Smartkarma. The overall sentiment leans towards a bullish outlook on Dongfeng Motor, with analysts closely monitoring the development of VOYAH and its impact on the company’s valuation and trading dynamics.


A look at Dongfeng Motor Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
Resilience3
Momentum5
OVERALL SMART SCORE3.6

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

When looking at the long-term outlook for Dongfeng Motor, the company seems to have a promising future ahead. Smartkarma’s Smart Scores indicate that Dongfeng Motor excels in various key areas. With a top score in Value, the company is considered to be fundamentally strong and potentially undervalued. This signifies a positive sign for investors looking for good value opportunities in the market. Additionally, Dongfeng Motor also scores well in Momentum, suggesting a strong positive trend in the company’s performance, which could lead to further growth in the future.

Although Dongfeng Motor scores lower in areas like Growth and Dividend, its resilience score is quite solid. This indicates that the company has a stable foundation and the ability to weather market fluctuations. Overall, based on the Smart Scores, Dongfeng Motor appears to be a company with solid fundamentals, strong momentum, and a resilient business model, making it a potentially attractive long-term investment choice.

Summary of the company: Dongfeng Motor Group Company Limited, through joint ventures, designs, manufactures, and markets diesel engines, light trucks, automobiles, castings, and related spare parts.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars