- Inchcape’s adjusted operating profit for the first half of the year was £247 million, which missed the estimated £262 million.
- The adjusted pretax profit was £200 million.
- Inchcape generated free cash flow amounting to £72 million.
- The company’s revenue totaled £4.32 billion for the first half of the year.
- An interim dividend of 9.5p per share has been declared.
- Inchcape aims for an earnings per share growth rate of over 10% compounded annually over the medium term.
- The company attributes this target to its capital allocation policy, market leadership, diversification, cost discipline, inventory management, and technology platform.
- Among analysts, there are 5 buy ratings, 3 hold ratings, and no sell ratings for Inchcape.
A look at Inchcape PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
Inchcape PLC, a global automotive distributor and retailer, holds promising prospects for long-term growth as per Smartkarma Smart Scores. With a solid score in Dividend and Growth factors, the company is positioned well to deliver stable returns and exhibit strong potential for expansion. Additionally, its Resilience score underscores its ability to withstand market challenges and maintain a steady performance over time. Inchcape’s strategic focus on premium and luxury brands in key markets enhances its competitive advantage and growth opportunities in the automotive sector.
Moreover, while the company’s Value and Momentum scores are not the highest, its overall consistent performance across various factors indicates a balanced outlook for the future. Inchcape PLC‘s strong presence in Asia Pacific and emerging markets further solidifies its position as a key player in the industry, with significant profit contributions from these regions. This diversified geographic exposure aligns well with the company’s growth strategy and underscores its potential for long-term success in the global automotive 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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