- KT&G reported a net profit of 304.03 billion won for the fourth quarter of 2024, significantly exceeding the previous year’s 121.91 billion won and surpassing analyst estimates of 223.34 billion won.
- The company’s operating profit increased by 5% year-over-year, reaching 208.46 billion won.
- Sales for the quarter were reported at 1.56 trillion won, marking a 7.3% increase from the previous year, and outperforming the estimated sales of 1.47 trillion won.
- The current analyst recommendations for KT&G are overwhelmingly positive, with 20 buys, 2 holds, and no sells.
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KT&G Corporation on Smartkarma
On Smartkarma, independent analysts like Douglas Kim and Sanghyun Park have provided insightful coverage on KT&G Corporation. Douglas Kim‘s report titled “KT&G: New, Upgraded Total Shareholder Return Plan” highlights KT&G’s new shareholder return policy, including substantial dividend payouts and treasury share buybacks up to 2027. This plan aims to deliver significant shareholder returns, outperforming previous projections and reflecting the company’s solid performance in the core tobacco business during 3Q 2024.
Sanghyun Park‘s analysis, “₩200B Gov-Run Value-Up Fund Starts Buying Tomorrow, with Another ₩300B Set for Year-End,” focuses on the impact of a government-backed fund on the KRX Value-Up Index. The fund’s substantial investments are expected to drive passive flows and enhance alpha-seeking strategies, particularly in companies with higher passive impact. These reports provide valuable insights into KT&G Corporation’s strategic initiatives and the broader investment landscape in Korea.
A look at KT&G Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
KT&G Corporation, a company specializing in the processing, production, and sale of cigarettes and tobacco products, has received favorable Smartkarma Smart Scores across various indicators. With a top score of 5 in Dividend, investors can expect attractive returns from this aspect. Furthermore, the company shows strength in Resilience and Momentum, scoring 4 in both categories. This indicates a solid ability to withstand economic challenges and maintain a positive growth trajectory over the long term.
Although KT&G Corporation has received a respectable overall outlook from the Smart Scores, with a value score of 3 and growth score of 3, there may be areas where further improvement could enhance its performance in the market. Nevertheless, given its diverse business portfolio that includes ginseng products and real estate development activities, the company demonstrates a degree of versatility and potential for sustained success in the 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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