- Techtronic’s net income for the fiscal year was $1.12 billion, aligning exactly with the market estimate.
- The company reported revenue of $14.62 billion, slightly below the expected $14.64 billion.
- Intangible assets were valued at $1.37 billion, just over the estimated $1.36 billion.
- Earnings before interest and taxes (EBIT) stood at $1.27 billion.
- The gross margin was recorded at 40.3%, exceeding the predicted 39.9%.
- Capital expenditure totaled $292 million.
- Basic earnings per share (EPS) was 61.43 cents, just below the anticipated 61.50 cents.
- The final dividend per share was declared at HK$1.1800.
- Trade and other payables were reported at $3.85 billion.
- Investor recommendations include 20 buys, 1 hold, and 1 sell.
A look at Techtronic Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores, Techtronic Industries is positioned for long-term success in the market. With a strong momentum score of 5, the company is showing robust performance and market traction, indicating positive investor sentiment. Additionally, Techtronic Industries has a solid growth score of 4, suggesting promising expansion opportunities ahead. These factors combined highlight the company’s potential for sustained growth and profitability.
Despite having average scores in value and dividend metrics, Techtronic Industries shines in its resilience score of 3, indicating a solid ability to weather market challenges and economic fluctuations. This, coupled with its strong momentum and growth outlook, positions the company well for the future. Overall, Techtronic Industries‘ diverse product offerings and market presence in the power tools and equipment industry underscore its potential as a lucrative long-term investment option.
### Techtronic Industries Company Limited designs, manufactures, and markets power tools, outdoor power equipment, accessories, hand tools, layout and measuring tools, and floor care and appliances. The Company’s products are used by consumers, professional, and industrial users in the home improvement, repair, and construction industries. ###
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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