Earnings Alerts

Ecopro BM (247540) Earnings: 1Q Operating Profit Exceeds Estimates with 2.27 Billion Won Performance

  • Ecopro BM’s operating profit for the first quarter amounted to 2.27 billion won.
  • Analysts had estimated the operating profit to be much lower, at 975.8 million won.
  • Sales for the first quarter reached 629.79 billion won.
  • This sales figure slightly exceeded expectations, which were 621.46 billion won.
  • The company has a mixed outlook from analysts, with recommendations including 5 buys, 14 holds, and 11 sells.

Ecopro BM on Smartkarma





Analyst coverage of Ecopro BM on Smartkarma reveals contrasting sentiments from different analysts. Douglas Kim‘s analysis, titled “Korea: Short Selling Data Analysis,” discusses the short interest ratios of KOSDAQ and KOSPI stocks, noting notable shorting activities on Ecopro Group companies among others. This indicates a bearish stance on Ecopro BM in the short term.

On the other hand, Brian Freitas‘ report, “Ecopro BM (247540 KS): Index Implications as KOSPI Transfer Nears,” takes a bullish view, highlighting the potential index implications as EcoproBM moves towards a section transfer application with the KRX. The report suggests that Ecopro BM could be added to the KOSPI200 Index in the near future, which could lead to passive selling and short covering activities.



A look at Ecopro BM Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience2
Momentum2
OVERALL SMART SCORE1.8

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 assessed Ecopro BM’s long-term outlook by utilizing the Smart Scores system. The company has received a mix of scores in various areas – with a score of 2 in Value, Growth, Resilience, and Momentum, and a score of 1 in Dividend. This indicates that while Ecopro BM shows promise in terms of growth potential, market resilience, and current momentum in the industry, there are challenges in terms of dividend payouts.

Based on the provided scores, Ecopro BM seems to have a stable foundation for growth and resilience. With a focus on developing and manufacturing advanced materials, particularly high-nickel cathode materials, the company positions itself well in the Korean market. While improvements in dividend payouts would enhance investor confidence, the company’s strength in value, growth, resilience, and momentum suggests a positive long-term outlook for Ecopro BM in the advanced materials 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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