- Entra’s rental income for the fourth quarter was NOK 767 million, which met market expectations despite being an 11% decrease year-over-year.
- Market estimates for rental income were slightly higher at NOK 767.8 million.
- The EPRA Net Reinstatement Value (NRV) per share stood at NOK 162.
- Net operating income came in at NOK 701 million, slightly below the estimated NOK 707.3 million.
- Market sentiment on Entra includes eight buy ratings, one hold rating, and two sell ratings.
A look at Entra ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
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
Entra ASA, a real estate company in Norway, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a high Value score of 4, Entra is considered well-positioned in terms of its asset valuation and potential for growth. However, the company’s Dividend score of 1 suggests a lower yield in comparison to other factors. Growth and Resilience scores of 2 indicate moderate expectations in these areas, while Momentum at 3 points to a positive trend in the company’s performance.
Entra ASA mainly focuses on office properties in key Norwegian cities, owning, developing, and managing these assets. Despite a lower Dividend score, the company’s overall outlook appears favorable with strong Value and Momentum ratings. Investors may find Entra a valuable addition to their portfolio, considering its solid fundamentals and growth potential within the Norwegian real estate market.
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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