- JM’s third quarter revenue was SEK2.85 billion, falling short of the estimated SEK3.17 billion.
- The operating profit for the same period was SEK146 million, also lower than the estimated SEK262 million.
- Looking at the results for the first nine months, the revenue reached SEK10.44 billion.
- The pretax profit for this period was SEK746 million.
- During these nine months, 1,128 residential units were sold.
- The company’s performance has been rated as 1 ‘buy’, 4 ‘holds’, and 2 ‘sells’ by various analysts.
A look at JM AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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
JM AB has received a Smartkarma Smart Score of 4 for Value, 5 for Dividend, 3 for Growth, 2 for Resilience and 4 for Momentum. This indicates a positive long-term outlook for the company. JM AB manages property and constructs buildings, with projects, builds and markets single-family housing, apartment houses and office buildings in Sweden, Norway, Belgium and Portugal.
The company’s score of 4 for Value indicates that JM AB is a good investment option for the long term. The score of 5 for Dividend shows that JM AB is likely to provide a good return on investments, while the score of 3 for Growth suggests that the company will have modest growth in the long term. The score of 2 for Resilience indicates that JM AB is less likely to be able to withstand external shocks, and the score of 4 for Momentum shows that the company is likely to keep up with the current market trends.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
