- Erdemir’s annual net income totaled 13.5 billion liras for the fiscal year.
- This net income figure is lower than the expected estimate of 14.26 billion liras.
- Compared to the previous year, net income increased from 4.03 billion liras.
- Total sales reached 204.1 billion liras, marking a 38% year-over-year growth.
- The sales figure was slightly below the estimate of 204.22 billion liras.
- The stock has received a mix of analyst recommendations: 7 buys, 9 holds, and 3 sells.
“`
A look at Eregli Demir Ve Celik Fabrik Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
According to Smartkarma Smart Scores, Eregli Demir Ve Celik Fabrik is showing strong potential for long-term value with a top score of 5 in the Value category. This indicates that the company is seen as undervalued relative to its earnings and assets. Additionally, Eregli Demir Ve Celik Fabrik received a respectable score of 4 in Growth, suggesting that it is well-positioned for future expansion and development opportunities. Although the Momentum score is on the lower side at 2, the company still demonstrates promising Value and Growth metrics.
Eregli Demir Ve Celik Fabrik, also known as Erdemir, is a leading producer of cold and hot rolled steel sheet and tinplate. Its products cater to various industries such as automotive, pipe, home appliance, pressurized container, and machinery manufacturing. The company predominantly sells its goods in key markets like Europe, the United States, and Japan. With a solid Value score of 5 and a Growth score of 4, Erdemir appears to be a potentially lucrative investment opportunity for those eyeing long-term prospects in the steel 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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