TSE:9474Media
Zenrin (TSE:9474) Margin Miss Reinforces Market Caution Despite Forecast Profit Growth Outpacing Peers
Zenrin (TSE:9474) posted annual earnings growth of 6.3% over the past five years, while its net profit margin currently sits at 4.6%, slipping from last year's 5.1%. Looking forward, earnings are forecast to accelerate 9.48% per year, outpacing the Japanese market’s 7.9% projection. However, revenue growth is expected to be a modest 2.8% per year, trailing the broader market’s 4.5%. For investors, the focus will be on how Zenrin can leverage its reward factors like forecasted profit growth...