Manz Future Growth

Future criteria checks 4/6

Manz is forecast to grow earnings and revenue by 77% and 5.6% per annum respectively. EPS is expected to grow by 92.7% per annum. Return on equity is forecast to be 4.1% in 3 years.

Key information

77.0%

Earnings growth rate

92.7%

EPS growth rate

Semiconductor earnings growth	11.6%
Revenue growth rate	5.6%
Future return on equity	4.1%
Analyst coverage	Low
Last updated	01 Jul 2024

Recent future growth updates

Recent updates

Take Care Before Jumping Onto Manz AG (ETR:M5Z) Even Though It's 25% Cheaper

Jun 29

We Think Manz (ETR:M5Z) Is Taking Some Risk With Its Debt

Nov 16

We Think You Should Be Aware Of Some Concerning Factors In Manz's (ETR:M5Z) Earnings

Aug 11

Earnings and Revenue Growth Forecasts

XTRA:M5Z - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	301	3	3	N/A	2
12/31/2025	273	1	6	13	3
12/31/2024	242	-15	-21	26	3
3/31/2024	242	-9	-32	-3	N/A
12/31/2023	269	-2	-53	-24	N/A
9/30/2023	282	-2	-47	-12	N/A
6/30/2023	295	4	-77	-42	N/A
3/31/2023	295	-2	-50	-17	N/A
12/31/2022	277	-12	-35	-2	N/A
9/30/2022	272	-51	-31	-9	N/A
6/30/2022	254	-62	0	20	N/A
3/31/2022	249	-59	-35	-18	N/A
12/31/2021	238	-44	-41	-26	N/A
9/30/2021	236	4	-10	4	N/A
6/30/2021	234	11	-9	3	N/A
3/31/2021	231	12	18	27	N/A
12/31/2020	243	3	11	21	N/A
9/30/2020	244	4	-9	0	N/A
6/30/2020	262	-3	-13	-4	N/A
3/31/2020	255	-9	-27	-17	N/A
12/31/2019	269	-11	-33	-24	N/A
9/30/2019	288	-14	-55	-44	N/A
6/30/2019	289	-7	0	9	N/A
3/31/2019	310	-4	-11	-1	N/A
12/31/2018	302	-8	3	15	N/A
9/30/2018	291	-6	-10	2	N/A
6/30/2018	299	-14	-66	-54	N/A
3/31/2018	295	-26	-8	3	N/A
12/31/2017	276	-3	N/A	16	N/A
9/30/2017	267	-14	N/A	31	N/A
6/30/2017	235	-21	N/A	46	N/A
3/31/2017	222	-21	N/A	-17	N/A
12/31/2016	239	-43	N/A	-17	N/A
9/30/2016	229	-61	N/A	-10	N/A
6/30/2016	235	-66	N/A	-40	N/A
3/31/2016	244	-57	N/A	-48	N/A
12/31/2015	237	-64	N/A	-57	N/A
9/30/2015	239	-71	N/A	-60	N/A
6/30/2015	278	-53	N/A	-26	N/A
3/31/2015	319	-42	N/A	10	N/A
12/31/2014	315	-38	N/A	11	N/A
9/30/2014	313	-4	N/A	15	N/A
6/30/2014	300	-3	N/A	8	N/A
3/31/2014	279	-7	N/A	21	N/A
12/31/2013	274	-3	N/A	22	N/A
9/30/2013	255	-26	N/A	39	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: M5Z is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.7%).

Earnings vs Market: M5Z is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: M5Z is expected to become profitable in the next 3 years.

Revenue vs Market: M5Z's revenue (5.6% per year) is forecast to grow faster than the German market (5.2% per year).

High Growth Revenue: M5Z's revenue (5.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: M5Z's Return on Equity is forecast to be low in 3 years time (4.1%).

Manz Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Forecast breakeven date pushed back to 2025

Price target decreased by 17% to €16.53

Price target decreased to €35.33

Manz AG Provides Earnings Forecast for the Fiscal Year 2022

Price target decreased to €58.50

Manz AG Provides Earnings Guidance for the Year 2022

Recent updates

Forecast breakeven date pushed back to 2025

Take Care Before Jumping Onto Manz AG (ETR:M5Z) Even Though It's 25% Cheaper

New minor risk - Share price stability

Full year 2023 earnings: EPS and revenues miss analyst expectations

Manz AG to Report Fiscal Year 2023 Final Results on May 23, 2024

Manz AG to Report Nine Months, 2024 Results on Nov 07, 2024

New major risk - Financial position

New minor risk - Market cap size

Price target decreased by 17% to €16.53

Third quarter 2023 earnings released: €0.077 loss per share (vs €0.64 profit in 3Q 2022)

New major risk - Share price stability

Investor sentiment improves as stock rises 35%

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 17%

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

New major risk - Financial position

Second quarter 2023 earnings released: EPS: €0.36 (vs €0.38 loss in 2Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

Manz AG, Annual General Meeting, Jul 04, 2023

Price target decreased to €35.33

Third quarter 2022 earnings released: EPS: €0.64 (vs €0.72 loss in 3Q 2021)

Second quarter 2022 earnings released: €0.38 loss per share (vs €0.059 loss in 2Q 2021)

Manz AG Provides Earnings Forecast for the Fiscal Year 2022

Manz AG (XTRA:M5Z) acquired 40% stake in Customcells Tübingen Gmbh from Custom Cells Itzehoe GmbH.

Daimler Truck Holding AG (XTRA:DTG) agreed to acquire a 51% stake in Manz AG (XTRA:M5Z) for €30.6 million.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to €58.50

Manz AG Provides Earnings Guidance for the Year 2022

Manz AG Provides Earnings Guidance for the Financial Year 2022

Manz AG (XTRA:M5Z) agreed to acquire an unknown minority interest in MetOx Technologies, Inc.

Manz AG Announces Realignment of Group Organization and Adjustment of Reporting Segments

We Think Manz (ETR:M5Z) Is Taking Some Risk With Its Debt

Third quarter 2021 earnings released: €0.72 loss per share (vs €0.22 profit in 3Q 2020)

Investor sentiment improved over the past week

Consensus forecasts updated

We Think You Should Be Aware Of Some Concerning Factors In Manz's (ETR:M5Z) Earnings

Second quarter 2021 earnings released: €0.059 loss per share (vs €0.087 profit in 2Q 2020)

Price target increased to €66.00

Is Now An Opportune Moment To Examine Manz AG (ETR:M5Z)?

Price target increased to €62.33

Investor sentiment improved over the past week

Consensus EPS estimates fall to €0.92

Consensus EPS estimates increase to €1.24

First quarter 2021 earnings released: EPS €1.33 (vs €0.21 in 1Q 2020)

Is Now An Opportune Moment To Examine Manz AG (ETR:M5Z)?

Consensus forecasts updated

Consensus revenue estimates fall to €261.0m

Things Look Grim For Manz AG (ETR:M5Z) After Today's Downgrade

Full year 2020 earnings released: EPS €0.44 (vs €1.43 loss in FY 2019)

Manz AG Provides Earnings Guidance for the Year 2021

Does Manz (ETR:M5Z) Have A Healthy Balance Sheet?

Manz AG to Report Fiscal Year 2020 Results on Mar 09, 2021

Manz AG Receives A Follow-Up Order from Automotive Supplier TE Connectivity with A Total Volume in the Lower Double-Digit Million-Euro Range

Manz (ETR:M5Z) Shareholders Have Enjoyed An Impressive 141% Share Price Gain

Manz AG (XTRA:M5Z) acquired an unknown minority stake in CADIS Engineering GmbH.

Lam Research Corporation (NasdaqGS:LRCX) completed the acquisition of 80.5% stake in Talus Manufacturing Ltd. from Manz AG (XTRA:M5Z).

New 90-day high: €46.90

Manz AG Receives Order from Us Manufacturer of Electric Vehicles for an Assembly Line for Li-Ion Battery Modules

Is Manz AG's (ETR:M5Z) Shareholder Ownership Skewed Towards Insiders?

Price target raised to €39.28

New 90-day high: €34.90

Is There Now An Opportunity In Manz AG (ETR:M5Z)?

Analysts update estimates

We Think Manz (ETR:M5Z) Has A Fair Chunk Of Debt

Manz AG Receives Order from TE Connectivity

Third quarter 2020 earnings released: EPS €0.22

Earnings beat expectations, revenue disappoints

Price target raised to €34.42