- Hyundai Mobis reported an operating profit of 870 billion won for the second quarter, exceeding expectations and marking a 37% increase compared to the previous year.
- The estimated operating profit was 818.92 billion won, indicating a strong performance against forecasts.
- Net profit for the same period was 932.46 billion won, which is a 6.4% decrease from the previous year and below the estimated net profit of 1.06 trillion won.
- Sales for Hyundai Mobis reached 15.94 trillion won, an 8.7% increase year-over-year, outperforming the expected 15.26 trillion won in sales.
- The analyst consensus includes 30 buy recommendations, 1 hold, and no sell ratings for Hyundai Mobis.
Hyundai Mobis on Smartkarma
Analysts on Smartkarma, such as Sanghyun Park, are closely following the developments surrounding Hyundai Mobis. In a recent report titled “The Straight-Up Timelines on Three Big Econ Policy Bills Rattling Korea’s Local Market Right Now,” Sanghyun Park dives into the key economic policy amendments impacting the Korean stock market.
Park highlights that while the Commercial Act has made progress, the floor vote scheduled for the 12th was unexpectedly postponed. The report suggests that the Presidential Office is actively advocating for the Commercial Act reform, with passage anticipated post the new floor leader’s election. Additionally, the report sheds light on the delays in inheritance tax bills and the Samsung Life Law proposal, indicating a challenging legislative environment for companies like Hyundai Mobis. Park’s analysis indicates a bullish sentiment on potential policy outcomes but underscores the lingering uncertainties affecting the market.
A look at Hyundai Mobis Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Hyundai Mobis Co., Ltd. is in a favorable position for long-term growth, according to Smartkarma Smart Scores. With solid scores of 4 for Value, Growth, Resilience, and 3 for Momentum, the company is viewed positively across key factors. The strong Value score suggests that Hyundai Mobis is undervalued relative to its potential, offering an attractive investment opportunity. Additionally, the impressive Growth and Resilience scores indicate a promising future and the ability to navigate challenges effectively. Although the Momentum score is slightly lower, the overall outlook for Hyundai Mobis remains optimistic.
As a manufacturer of automotive parts and equipment, Hyundai Mobis is well-positioned to capitalize on the growing demand in the automotive industry. The company also undertakes environmental projects, showcasing a commitment to sustainability and diversification. Investors may find Hyundai Mobis appealing for its balanced performance across multiple Smartkarma Smart Scores, indicating a company with solid fundamentals and growth prospects in the long run.
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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