The independent financial analyst theScreener just awarded an improved star rating to WHIRLPOOL OF INDIA (IN), active in the Durable Household Products industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as moderately risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date No...
(WHIRL IN, Mkt Cap USD3.6b, CMP INR2113, TP INR2650, 25% Upside, Buy) Two-year revenue CAGR stood much better than RAC peers WHIRL's revenue grew 31% YoY in 1QFY22 (in line with our estimate), with a two-year CAGR at -18%, which is better than Room AC players like VOLT (est. -30%), BLSTR (-25%), Hitachi (-28%). It is the only White Goods company in our coverage universe to meet our revenue expectations in 1QFY22. Gross margin was impacted (-300bp YoY) due to commodity cost inflation and ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
We attended Whirlpool analyst meet. Below are the key highlights: Positive on growth despite economic slowdown: Management expects to sustain double digit growth despite muted demand. Growth will be driven by market share gains on four key strategic pillars: 1) revitalising the ‘Whirlpool’ brand, 2) refreshing and revamping product portfolio, 3) creating growth opportunities and 4) strengthening efficiencies. While refrigerators and washing machines are key drivers of growth, Whirlpool is also ...
YTD sideways congestion for the MSCI ACWI ex-US and an intact downtrend for the MSCI EM index continue to point to a risk-off environment for international equity markets, and supports our neutral outlook (at best)... see page 2. We continue to recommend avoiding broad indexed exposure in favor of selectivity. In today's report we highlight actionable country- and Sector-specific themes: • Norway and India are leadership. Norway's Oslo OBX and India's SENSEX remain global leaders. Overweight ...
​WHIRLPOOL: Focus on premium segment and bridging product gaps; Guides for double-digit growth in revenue(WHIRL IN, Mkt Cap USD2.9b, CMP INR1500, Not Rated)We attended Whirlpool Limited’s analyst meet. Key highlights: Focus on premium products and bridging product gapsPremium is the new focus area for the company. It forms only 10-15% of every product category, despite being more profitable than other segments. Whirlpool has historically been strong in the Mass premium segment; however, for ...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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