- Hyundai Mobis‘ operating profit in the first quarter of this year was 542.66 billion won, marking a 30% increase year over year. However, it fell short of the estimated 630.06 billion won.
- The company’s net profit was 861.14 billion won, a 2.4% increase from the previous year, but slightly lower than the estimated 869.27 billion won.
- Sales for Hyundai Mobis came in at 13.87 trillion won, showing a decrease of 5.4% from the previous year and also lower than the estimated 14.57 trillion won.
- The disclosed figures indicate 30 buy ratings for the company’s stock, 4 hold ratings, and no sell ratings.
- All the comparisons to past results were made based on values reported directly from the company’s original disclosures.
Hyundai Mobis on Smartkarma
Analyst coverage of Hyundai Mobis on Smartkarma includes insights from Douglas Kim. In his report titled “Alpha Generation Through Share Buybacks in Korea: Bi-Monthly (Jan and Feb 2024)“, Kim discusses companies that announced share buybacks in Korea during the mentioned period. Hyundai Mobis, along with other major companies like Shinhan Financial and Samick Musical Instruments, have been highlighted for outperforming the market through their share buyback programs.
A look at Hyundai Mobis Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Hyundai Mobis, a company specializing in manufacturing and marketing automotive parts and equipment, has received positive ratings across various factors based on Smartkarma Smart Scores. With a top score in Value and strong ratings in Growth, Resilience, and Momentum, the company is poised for a promising long-term outlook. The high Value score indicates that Hyundai Mobis is considered undervalued in the market, offering potential for growth in the future.
Additionally, the company’s respectable scores in Growth, Resilience, and Momentum suggest that Hyundai Mobis is well-positioned to continue its expansion and navigate through challenges effectively. While the Dividend score is slightly lower, the overall outlook for Hyundai Mobis appears optimistic, reflecting strength in key areas essential for sustained success in the automotive parts 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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