Samsung Electro-Mechanics Co Ltd
009150: XKRX (KOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|H%#> | LOCK|%<&d | LOCK|<$Q^&K |
Semco Earnings: Fair Value Cut Due to Sluggish Mobile Demand, but Auto and Server Growth Intact
Samsung Electro-mechanics reported somewhat disappointing results for the September quarter. While revenue of KRW 2.62 trillion aligned with our expectations, operating income of KRW 225 billion was below our expectation of KRW 255 billion due to a worse-than-expected product mix.
