- Tokyo Electron‘s FY operating income forecast was 582.00 billion yen, falling short of the estimated 593.58 billion yen.
- The predicted net sales were 2.20 trillion yen, surpassing the estimated 2.12 trillion yen.
- The net income forecast was 445.00 billion yen, slightly below the estimate of 453.73 billion yen.
- The estimated dividend was 481.00 yen, which was less than the expected 490.11 yen.
- In the first half, the company projected net sales of 1.00 trillion yen, operating income of 243.00 billion yen, and net income of 185.00 billion yen.
- Fourth quarter results showed net sales at 547.29 billion yen, slightly under the estimated 547.85 billion yen.
- Operating income for the fourth quarter was stronger than anticipated, coming in at 145.23 billion yen versus the estimated 140.99 billion yen.
- The net income for the fourth quarter was 124.94 billion yen, surpassing the estimate of 108.02 billion yen.
- Overall, Tokyo Electron received 19 buys, 6 holds and no sells.
A look at Tokyo Electron Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts utilizing the Smartkarma Smart Scores have cast a positive light on Tokyo Electron‘s long-term prospects. With solid scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. The Growth factor, in particular, has been rated highly, indicating an optimistic outlook for Tokyo Electron‘s expansion and development initiatives in the coming years.
Furthermore, Tokyo Electron‘s strong scores in Resilience and Momentum suggest that the company is adept at navigating challenges and maintaining its upward trajectory. While Value and Dividend scores are more moderate, the overall outlook for Tokyo Electron appears favorable, reflecting its position as a manufacturer and seller of crucial industrial electronics products globally.
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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