Techtronic Industries Company Limited

SEHK:669 Stock Report

Market Cap: HK$220.3b

Techtronic Industries Future Growth

Future criteria checks 2/6

Techtronic Industries is forecast to grow earnings and revenue by 12.5% and 7.4% per annum respectively. EPS is expected to grow by 12.5% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

12.5%

Earnings growth rate

12.53%

EPS growth rate

Machinery earnings growth26.4%
Revenue growth rate7.4%
Future return on equity20.29%
Analyst coverage

Good

Last updated04 Jun 2026

Recent future growth updates

No updates

Recent updates

Narrative Update May 14

669: Cautious Report Will Highlight Dividends Supporting Future Confidence

Analysts have adjusted their fair value estimate for Techtronic Industries slightly higher to about HK$137.53, reflecting updated assumptions on discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Jehoshaphat Research released a cautious report on Techtronic Industries, providing an additional reference point for investors tracking external views on the stock (periodical).
Narrative Update Apr 26

669: Cautious Report Will Highlight Dividends And Buybacks Supporting Future Confidence

Analysts have kept their fair value estimate for Techtronic Industries broadly unchanged, with a revised target of about HK$136.71. Small tweaks to the discount rate, long term revenue growth, profit margin assumptions and future P/E feed through into a largely stable outlook.
Narrative Update Apr 11

669: Cautious Report Will Test Confidence In Steady Margins And Dividends

Analysts have slightly lifted their price target on Techtronic Industries to reflect a marginally higher assumed future P/E multiple, while also fine tuning discount rate, revenue growth, and profit margin assumptions. What's in the News Jehoshaphat Research issued a cautious report on Techtronic Industries, which may influence how some investors view the company and its risk profile (periodical).
Analysis Article Apr 10

Why Techtronic Industries Company Limited (HKG:669) Could Be Worth Watching

Techtronic Industries Company Limited ( HKG:669 ) saw a significant share price rise of 27% in the past couple of...
Narrative Update Mar 28

669: Steady Margins And Rising Dividends Will Support Future Returns

Analysts now see a slightly higher long term value for Techtronic Industries, with the fair value estimate moving from about HK$136.65 to roughly HK$136.82. This is supported by largely unchanged assumptions for revenue growth, profit margin, discount rate and future P/E.
Narrative Update Mar 13

669: Higher Margins And Dividend Progress Will Support Balanced Future Prospects

Analysts have raised their fair value estimate for Techtronic Industries to HK$136.65 from HK$118.14, citing updated assumptions related to slightly higher revenue growth, stronger profit margins and a higher future P/E multiple. What's in the News The board plans to seek shareholder approval at the 2026 AGM on May 8, 2026 for amendments to the Articles of Association to allow issuing, holding, registering and transferring shares in uncertificated form, and to update related housekeeping provisions to align with Hong Kong regulatory requirements (Key Developments).
New Narrative Mar 04

Global Service And Manufacturing Exposure Will Support Long-Term Earnings Power

Catalysts About Techtronic Industries Techtronic Industries is a global power tools and equipment group best known for its MILWAUKEE and RYOBI brands across professional and consumer markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 26

669: Brand Resilience And HART Exit Will Support Balanced Future Prospects

Analysts have lifted their price target on Techtronic Industries to about HK$118 from roughly HK$115, reflecting updated assumptions for a slightly higher long term profit margin and a modestly higher future P/E multiple. What's in the News Board meeting scheduled for March 3, 2026 to approve the announcement of Techtronic Industries' annual results for the year ended December 31, 2025, and to consider the payment of a final dividend for 2025 (Key Developments).
Narrative Update Jan 26

669: Strong Brand Demand And HART Exit Will Support Future Upside

Analysts have raised their fair value estimate for Techtronic Industries slightly to US$114.84 from about US$114.73, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled for March 3, 2026, to approve the announcement of Techtronic Industries' annual results for the year ended December 31, 2025, and to consider a final dividend for 2025 (Key Developments).
Narrative Update Jan 12

669: Higher Fair Value And Resilient Demand Will Support Future Upside

Analysts have raised their fair value estimate for Techtronic Industries from HK$110.32 to about HK$114.73, reflecting updated assumptions for revenue growth, profit margin and future P/E that they see as better aligned with the company’s long term earnings profile. What's in the News Board meeting scheduled for March 3, 2026, to approve the announcement of Techtronic Industries' annual results for the year ended December 31, 2025, and to consider the payment of a final dividend for 2025 (company announcement).
Analysis Article Dec 05

Calculating The Fair Value Of Techtronic Industries Company Limited (HKG:669)

Key Insights Techtronic Industries' estimated fair value is HK$84.75 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Nov 12

Risks To Shareholder Returns Are Elevated At These Prices For Techtronic Industries Company Limited (HKG:669)

Techtronic Industries Company Limited's ( HKG:669 ) price-to-earnings (or "P/E") ratio of 17.8x might make it look like...
Narrative Update Nov 07

669: Buyback Completion And Margin Improvement Will Drive Upside Potential

Analysts have reduced their price target for Techtronic Industries from $116.14 to $110.32. This adjustment reflects tempered revenue growth expectations, balanced by slightly improved profit margins and a higher discount rate in their updated forecasts.
Analysis Article Sep 22

Does Techtronic Industries (HKG:669) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 11

Is There Now An Opportunity In Techtronic Industries Company Limited (HKG:669)?

Techtronic Industries Company Limited ( HKG:669 ) saw a double-digit share price rise of over 10% in the past couple of...
Analysis Article Aug 19

Are Investors Undervaluing Techtronic Industries Company Limited (HKG:669) By 36%?

SEHK:669 1 Year Share Price vs Fair Value Explore Techtronic Industries's Fair Values from the Community and select...
Analysis Article Jul 27

Pinning Down Techtronic Industries Company Limited's (HKG:669) P/E Is Difficult Right Now

When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Analysis Article Jun 12

Techtronic Industries' (HKG:669) Returns Have Hit A Wall

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
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New Narrative Mar 09

Expansion Of MILWAUKEE And RYOBI Will Strengthen Future Market Position

Strategic reinvestment in innovation, including cordless technology, aims to enhance productivity and sustain leadership, boosting long-term growth and margins.

Earnings and Revenue Growth Forecasts

SEHK:669 - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202819,2471,8431,7842,29513
12/31/202717,7371,6441,7842,17316
12/31/202616,3081,4291,5901,94615
12/31/202515,2601,1981,3891,979N/A
9/30/202515,2011,1991,4662,096N/A
6/30/202515,1431,2001,5442,212N/A
3/31/202514,8821,1611,5622,240N/A
12/31/202414,6221,1221,5812,268N/A
9/30/202414,3931,0861,5092,226N/A
6/30/202414,1641,0511,4372,185N/A
3/31/202413,9481,0141,3332,144N/A
12/31/202313,7319761,2302,104N/A
9/30/202313,4169761,0621,985N/A
6/30/202313,1009758941,867N/A
3/31/202313,1771,0265701,550N/A
12/31/202213,2541,0772471,233N/A
9/30/202213,5481,115-282757N/A
6/30/202213,8431,153-811281N/A
3/31/202213,5231,126-98490N/A
12/31/202113,2031,099-1,158-101N/A
9/30/202112,6021,046-665261N/A
6/30/202112,000993-172624N/A
3/31/202110,906897185891N/A
12/31/20209,8128015421,159N/A
9/30/20208,9787315351,084N/A
6/30/20208,1446615271,010N/A
3/31/20207,905638318867N/A
12/31/20197,667615109724N/A
9/30/20197,493599N/A627N/A
6/30/20197,319583N/A530N/A
3/31/20197,170568N/A662N/A
12/31/20187,021552N/A794N/A
9/30/20186,817537N/A739N/A
6/30/20186,613521N/A685N/A
3/31/20186,338496N/A642N/A
12/31/20176,064470N/A598N/A
9/30/20175,870453N/A581N/A
6/30/20175,676436N/A563N/A
3/31/20175,578423N/A573N/A
12/31/20165,480409N/A584N/A
9/30/20165,365391N/A492N/A
6/30/20165,250373N/A401N/A
3/31/20165,144364N/A368N/A
12/31/20155,038354N/A335N/A
9/30/20155,008339N/A392N/A
6/30/20154,977323N/A448N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 669's forecast earnings growth (12.5% per year) is above the savings rate (3%).

Earnings vs Market: 669's earnings (12.5% per year) are forecast to grow slower than the Hong Kong market (12.8% per year).

High Growth Earnings: 669's earnings are forecast to grow, but not significantly.

Revenue vs Market: 669's revenue (7.4% per year) is forecast to grow slower than the Hong Kong market (8.7% per year).

High Growth Revenue: 669's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 669's Return on Equity is forecast to be high in 3 years time (20.3%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 15:46
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Techtronic Industries Company Limited is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Michael FenigerBofA Global Research
Shaodan HuangCGS International