- KT&G reported a second-quarter net income of 143.33 billion won.
- This net income represents a 55% decline compared to the same period last year.
- The net income figure fell short of the estimated 295.6 billion won.
- Operating profit increased by 8.8% year-on-year, reaching 349.88 billion won.
- Sales went up by 8.7% year-on-year, amounting to 1.55 trillion won.
- Analysts’ recommendations include 23 buys, 1 hold, and 0 sells.
KT&G Corporation on Smartkarma
On Smartkarma, investment analyst Sanghyun Park recently provided coverage on KT&G Corporation in a research report titled “60 Stocks Screened by Tax Draft Setup β Short-Term Policy Flow Targets.” Park’s analysis identifies KT&G Corporation as one of the prime plays poised to benefit from short-term policy-driven flows as the market responds to evolving tax reform landscapes. Park’s bullish sentiment towards KT&G Corporation is grounded in the company’s positioning to capitalize on the near-term market movements driven by the upcoming tax reforms.
A look at KT&G Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 cigarettes and tobacco products, as well as ginseng products and herbal medicines, has received promising Smart Scores for its overall outlook. With a strong Dividend score of 5, investors can expect attractive returns on their investments through dividends paid out by the company. Furthermore, KT&G scores well in Growth and Resilience with scores of 4, indicating potential for future expansion and a solid ability to weather economic uncertainties.
Additionally, the company shows positive Momentum with a score of 5, suggesting a strong upward trend in its market performance. While the Value score of 3 may indicate room for improvement in terms of undervaluation, the overall outlook for KT&G Corporation seems to be optimistic based on the Smart Scores, making it an interesting prospect for investors looking for stable growth and income.
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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