- WH Group‘s full-year revenue reached $25.94 billion, aligning with analyst estimates of $25.72 billion.
- Packaged meats revenue was $13.66 billion, surpassing the forecast of $13.19 billion.
- Pork revenue came in at $10.34 billion, exceeding the expected $10.11 billion.
- The company sold 3.10 million tons of packaged meats, slightly above the estimate of 3.09 million tons.
- Pork sales totaled 3.77 million metric tons.
- WH Group‘s capital expenditure was recorded at $707 million.
- A final dividend of 40 Hong Kong cents per share was declared.
- Analyst ratings for WH Group include 14 buys and 2 holds, with no sell recommendations.
WH Group on Smartkarma
Multiple analysts on Smartkarma, an independent research platform, have provided insight on WH Group‘s recent developments. David Blennerhassett, with a bearish lean, raises concerns about WH Group‘s spin-off of Smithfield Foods. Blennerhassett believes the IPO price reduction by Smithfield may not be well-received by investors, potentially leading to a sell-off of WH Group shares. Additionally, Blennerhassett points out a significant NAV discount that may not make WH Group a compelling trade.
Furthermore, Blennerhassett discusses WH Group‘s spin-off plans for its US and Mexican operations, highlighting a muted market reaction. Despite the potential high valuation of Smithfield, he still sees WH Group trading at a substantial discount to NAV, suggesting caution in investing. Travis Lundy, with a bullish perspective on other market trends, notes strong southbound flows in Hong Kong but emphasizes that tech stocks, except Alibaba, are not receiving much attention from investors. Overall, analysts on Smartkarma express varying sentiments and caution regarding WH Group‘s recent developments.
A look at WH Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| 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
WH Group Limited, a meat processing company, is positioned for a positive long-term outlook according to Smartkarma Smart Scores. With strong momentum and resilience, the company is demonstrating robust performance in the market. The company’s focus on growth and value, coupled with its stable dividend policy, indicates a well-rounded approach to financial health and sustainability.
WH Group Limited’s solid scores across key factors highlight its potential for continued success in the meat processing industry. The company’s ability to maintain momentum and resilience, supported by its strategic focus on growth and value, positions it favorably for long-term growth and value creation for investors.
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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