Mitsubishi Heavy Industries Future Growth

Future criteria checks 2/6

Mitsubishi Heavy Industries is forecast to grow earnings and revenue by 13% and 6.3% per annum respectively. EPS is expected to grow by 13% per annum. Return on equity is forecast to be 13.1% in 3 years.

Key information

13.0%

Earnings growth rate

13.0%

EPS growth rate

Machinery earnings growth	13.0%
Revenue growth rate	6.3%
Future return on equity	13.1%
Analyst coverage	Good
Last updated	26 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:MIH0 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	5,728,352	352,971	276,458	457,245	13
3/31/2026	5,336,355	308,713	238,107	413,075	14
3/31/2025	4,980,708	266,573	230,996	372,530	14
9/30/2024	4,885,988	237,199	284,537	503,551	N/A
6/30/2024	4,784,722	231,122	212,811	423,545	N/A
3/31/2024	4,657,147	222,023	170,700	331,186	N/A
12/31/2023	4,525,418	202,060	-159,130	-3,507	N/A
9/30/2023	4,396,802	168,263	-157,279	-7,518	N/A
6/30/2023	4,315,445	164,445	-73,178	68,878	N/A
3/31/2023	4,202,797	130,451	-51,017	80,888	N/A
12/31/2022	4,152,954	129,963	137,418	259,582	N/A
9/30/2022	4,071,803	155,592	201,203	325,218	N/A
6/30/2022	3,879,900	120,083	148,088	279,879	N/A
3/31/2022	3,860,283	113,541	156,307	285,563	N/A
12/31/2021	3,741,944	87,356	67,223	192,752	N/A
9/30/2021	3,705,068	109,801	19,796	144,663	N/A
6/30/2021	3,773,652	111,192	-142,401	-13,795	N/A
3/31/2021	3,699,946	40,639	-241,160	-94,948	N/A
12/31/2020	3,788,242	-10,983	-69,064	110,190	N/A
9/30/2020	3,822,338	805	-46,138	171,648	N/A
6/30/2020	3,900,058	12,849	118,135	348,876	N/A
3/31/2020	4,041,376	87,123	206,273	452,564	N/A
12/31/2019	4,035,576	167,399	42,912	298,491	N/A
9/30/2019	4,083,943	105,094	79,475	318,036	N/A
6/30/2019	4,091,564	102,667	106,043	340,541	N/A
3/31/2019	4,078,344	101,354	180,661	404,924	N/A
12/31/2018	4,158,693	81,082	N/A	N/A	N/A
9/30/2018	4,157,399	82,446	270,796	451,665	N/A
6/30/2018	4,128,677	81,095	N/A	N/A	N/A
3/31/2018	4,110,816	70,484	N/A	345,109	N/A
12/31/2017	4,071,159	123,725	N/A	N/A	N/A
9/30/2017	3,988,976	120,202	N/A	103,423	N/A
6/30/2017	3,954,983	104,282	N/A	N/A	N/A
3/31/2017	3,914,018	87,720	N/A	95,913	N/A
12/31/2016	3,908,412	-795	N/A	N/A	N/A
9/30/2016	3,915,266	1,535	N/A	178,765	N/A
6/30/2016	3,962,617	16,180	N/A	N/A	N/A
3/31/2016	4,046,810	63,834	N/A	270,002	N/A
12/31/2015	4,141,442	92,630	N/A	N/A	N/A
9/30/2015	4,115,056	115,747	N/A	179,769	N/A
6/30/2015	4,063,863	123,411	N/A	N/A	N/A
3/31/2015	3,992,110	110,412	N/A	212,834	N/A
12/31/2014	3,770,204	153,395	N/A	N/A	N/A
9/30/2014	3,603,146	165,634	N/A	228,216	N/A
6/30/2014	3,461,828	169,304	N/A	N/A	N/A
3/31/2014	3,349,598	160,428	N/A	296,216	N/A
12/31/2013	3,107,249	125,634	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIH0's forecast earnings growth (13% per year) is above the savings rate (1%).

Earnings vs Market: MIH0's earnings (13% per year) are forecast to grow slower than the German market (20.9% per year).

High Growth Earnings: MIH0's earnings are forecast to grow, but not significantly.

Revenue vs Market: MIH0's revenue (6.3% per year) is forecast to grow faster than the German market (5.6% per year).

High Growth Revenue: MIH0's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MIH0's Return on Equity is forecast to be low in 3 years time (13.1%).