•JFE’s forecasted net income missed predictions, with an expected 220.00 billion yen instead of the estimated 232.4 billion yen.
•The company also anticipates slightly lower net sales than estimated – 5.39 trillion yen versus the forecasted 5.41 trillion yen.
•JFE’s expected dividend is marginally lower than estimates, with a predicted 110.00 yen compared to the estimated 110.62 yen.
•The company’s fourth quarter results show a net income of 34.50 billion yen, an 85% increase year over year, though slightly lower than the estimated 36.35 billion yen.
•JFE’s net sales for Q4 amounted to 1.31 trillion yen, representing a decrease of 3.8% from the previous year, and less than the forecasted 1.35 trillion yen.
•In the investment sector, JFE has 7 ‘buys’, 6 ‘holds’, and no ‘sells’. This information indicates strong confidence amongst investors regarding the company’s potential growth.
•The financial data and comparisons provided are based on figures reported by from JFE’s original corporate disclosures.
A look at JFE Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| 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
According to Smartkarma Smart Scores, JFE Holdings is positioned for a promising long-term outlook. With top scores in Value and Dividend, the company demonstrates strong fundamentals and a commitment to rewarding investors. Additionally, above-average scores in Growth and Momentum indicate potential for future expansion and market performance. However, the Resilience score of 2 suggests some vulnerability to market fluctuations, which investors should consider.
JFE Holdings, Inc., formed from the merger of NKK Corp and Kawasaki Steel Corp, operates as a holding company overseeing subsidiaries engaged in steel production and integrated engineering services. With a solid foundation in value and dividends, coupled with growth and momentum potential, JFE Holdings presents an optimistic outlook for investors seeking long-term opportunities 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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