- Nestle Malaysia reported a net income of 112.1 million ringgit for the second quarter.
- This net income represents a 20% increase compared to the same quarter last year.
- The company achieved a revenue of 1.67 billion ringgit, marking a 9.5% increase year-over-year.
- Earnings per share (EPS) rose to 47.81 sen from 39.91 sen in the previous year.
- Market analysts have mixed views with 2 buy ratings, 10 hold ratings, and 2 sell ratings.
A look at Nestle (Malaysia) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 the Smartkarma Smart Scores, Nestle (Malaysia) shows a promising long-term outlook based on its overall scores. The company scored a 2 in Value, indicating that it has potential for growth at a reasonable price. With a Dividend score of 3, investors can expect a moderate dividend payout from Nestle (Malaysia). Furthermore, the company scored a 3 in Growth, Resilience, and Momentum, indicating steady growth potential, strong resilience in uncertain market conditions, and positive market momentum.
Nestle (Malaysia) Berhad, an investment holding company, is involved in marketing and selling a variety of products including powdered milk, drinks, instant coffee, and noodles. Additionally, the company manufactures culinary and chocolate-based food products, provides packaging services, and trades flavoring ingredients. With a balanced mix of scores across different factors, Nestle (Malaysia) appears to be well-positioned for long-term success in the 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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