- Samsung Fire’s net income for the fourth quarter was 207.11 billion won, falling short of the estimated 288.63 billion won.
- The company’s operating profit in the fourth quarter was 252.81 billion won.
- Sales for the fourth quarter amounted to 6.30 trillion won.
- For the entire year of 2024, Samsung Fire reported a net income of 2.07 trillion won.
- Annual sales for 2024 were recorded at 22.66 trillion won.
- The operating profit for the year 2024 stood at 2.65 trillion won.
- Analyst ratings reveal 19 buy recommendations, 3 hold recommendations, and no sell recommendations for Samsung Fire.
Samsung Fire & Marine Insurance on Smartkarma
Analyst coverage on Samsung Fire & Marine Insurance provided on Smartkarma by top independent analysts sheds light on potential strategic moves and performance outlook for the company.
Douglas Kim highlights Samsung Life Insurance’s potential incorporation of Samsung F&M Insurance as a subsidiary, which could lead to changes in ownership stakes. Samsung F&M Insurance’s corporate value up plan, focusing on reducing treasury shares and improving key financial metrics, is explored in detail, offering insights into the company’s long-term growth strategies. Sanghyun Park emphasizes Samsung Fire’s emergence as a promising dividend play, with expectations of a dividend hike on the horizon contributing to its attractiveness for investors seeking returns.
A look at Samsung Fire & Marine Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| 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
Based on Smartkarma Smart Scores, Samsung Fire & Marine Insurance is showing a positive long-term outlook. With a high Dividend score of 5 and solid scores in Growth, Resilience, and Momentum, the company seems well-positioned for stability and potential growth in the future. While the Value score is average, the strong performance in other areas suggests a promising outlook for investors looking at Samsung Fire & Marine Insurance.
Samsung Fire & Marine Insurance Co., Ltd. is a company that provides a range of insurance services including auto, fire, marine, casualty, health, leisure, and retirement products in South Korea. With its positive Smartkarma Smart Scores, particularly in Dividend, Growth, Resilience, and Momentum, Samsung Fire & Marine Insurance appears to be a reliable option for investors seeking a strong player in the insurance sector with potential for steady growth and returns.
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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