- Sisecam reported a net income of 1.25 billion liras for the first quarter.
- This net income represents a 61% decrease compared to the same period last year.
- The result was better than expected, as analysts had estimated a loss of 1.39 billion liras.
- Sales for the quarter totaled 45.5 billion liras.
- Sales declined by 19% from the previous year and were slightly below the estimated 46.47 billion liras.
- The company currently has five buy ratings and seven hold ratings from analysts, with no sell ratings.
A look at Turk Sise Ve Cam Fabrikalari Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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, Turk Sise Ve Cam Fabrikalari, a leading glass manufacturer in Turkey, shows strong fundamentals for long-term investment. With a top score of 5 for Value, the company is deemed undervalued based on key metrics. Coupled with a solid Dividend score of 4, investors can expect attractive returns through regular dividend payouts. While Growth, Resilience, and Momentum scores are moderate at 3, indicating steady performance without significant fluctuations, Turk Sise Ve Cam Fabrikalari presents as a reliable investment option in the glass industry.
Operating in the manufacturing sector, Turkiye Sise ve Cam Fabrikalari AS (Sisecam) specializes in producing a wide range of glass products, from flat glass to glass fibre and reinforced plastics. The company also provides packaging materials, chemicals, and various services, demonstrating diversification in its business operations. With strong Smartkarma Smart Scores across key factors like Value and Dividend, Turk Sise Ve Cam Fabrikalari is well-positioned for sustained growth and stability in the long run, making it an appealing choice for investors seeking a solid and reputable glass manufacturer.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
