- Vodafone Qatar reported a net income of 392.1 million riyals in the first 9 months of 2023.
- The net income has seen a year-on-year increase of 17%, rising from 334.4 million riyals.
- The Earnings Per Share (EPS) also saw a rise, with current figures at 0.0930 riyals as compared to 0.0790 riyals in the same period last year.
- The company’s total revenue increased by 5.6%, amounting to 2.3 billion riyals.
- The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also increased by 8.2%, reaching 950 million riyals.
- Vodafone Qatar’s total mobile customers increased by 1.5%, now reaching 2.1 million subscribers.
- There have been 2 buys, 1 hold, and 0 sells for the company’s stocks.
Vodafone on Smartkarma
Analysts at Baptista Research recently published a research report on Vodafone Group PLC ADR, giving the company an ‘Outperform’ rating. According to the report, the company delivered a decent result with revenues and earnings in line with market expectations. The report also states that Vodafone‘s management aims to achieve a turnaround, particularly in Germany, and drive growth throughout Europe.
The research report published on Smartkarma, an independent investment research network, also highlighted the company’s plan to simplify and grow by understanding and meeting customer expectations, streamlining operations, and investing in market competitiveness. The authors of the report have revised their target price for Vodafone Group PLC ADR, giving investors a positive sentiment.
A look at Vodafone Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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
Vodafone Group PLC is a mobile telecommunications company with operations in a number of countries around the world. According to the Smartkarma Smart Scores, Vodafone has a strong long-term outlook. The company scores highly in terms of value, dividend, and growth, with a score of 5 in each category. While Vodafone scores lower in terms of resilience and momentum, at 2 and 3 respectively, the overall outlook is positive.
Vodafone Group PLC provides a range of services, including voice and data communications, across Continental Europe, the United Kingdom, the United States, Asia Pacific, Africa, and the Middle East. With its strong scores in value, dividend, and growth, the company looks set to continue to be a leader in the mobile telecommunications industry in the long-term.
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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