Amotiv (ASX:AOV) Full Year 2024 Results

Key Financial Results

• Revenue: AU$987.2m (down 4.8% from FY 2023).

• Net income: AU$99.8m (up 1.2% from FY 2023).

• Profit margin: 10% (in line with FY 2023).

• EPS: AU$0.71 (up from AU$0.70 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Amotiv Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Global Auto Components industry.

Performance of the market in Australia.

The company's shares are up 7.2% from a week ago.

Valuation

Our analysis of these results suggests Amotiv may be undervalued based on 6 important criteria we look at. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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