Techtronic Industries Future Growth

Future criteria checks 3/6

Techtronic Industries is forecast to grow earnings and revenue by 15.1% and 8.5% per annum respectively. EPS is expected to grow by 15.4% per annum. Return on equity is forecast to be 19.9% in 3 years.

Key information

15.1%

Earnings growth rate

15.4%

EPS growth rate

Machinery earnings growth	16.1%
Revenue growth rate	8.5%
Future return on equity	19.9%
Analyst coverage	Good
Last updated	21 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:669 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,429	1,523	1,722	1,870	14
12/31/2025	15,921	1,310	1,653	1,809	17
12/31/2024	14,612	1,126	1,399	1,752	17
6/30/2024	14,164	1,051	1,437	2,185	N/A
3/31/2024	13,948	1,014	1,333	2,144	N/A
12/31/2023	13,731	976	1,230	2,104	N/A
9/30/2023	13,416	976	1,062	1,985	N/A
6/30/2023	13,100	975	894	1,867	N/A
3/31/2023	13,177	1,026	570	1,550	N/A
12/31/2022	13,254	1,077	247	1,233	N/A
9/30/2022	13,548	1,115	-282	757	N/A
6/30/2022	13,843	1,153	-811	281	N/A
3/31/2022	13,523	1,126	-984	90	N/A
12/31/2021	13,203	1,099	-1,158	-101	N/A
9/30/2021	12,602	1,046	-665	261	N/A
6/30/2021	12,000	993	-172	624	N/A
3/31/2021	10,906	897	185	891	N/A
12/31/2020	9,812	801	542	1,159	N/A
9/30/2020	8,978	731	535	1,084	N/A
6/30/2020	8,144	661	527	1,010	N/A
3/31/2020	7,905	638	318	867	N/A
12/31/2019	7,667	615	109	724	N/A
9/30/2019	7,493	599	32	627	N/A
6/30/2019	7,319	583	-45	530	N/A
3/31/2019	7,170	568	177	662	N/A
12/31/2018	7,021	552	399	794	N/A
9/30/2018	6,817	537	370	739	N/A
6/30/2018	6,613	521	340	685	N/A
3/31/2018	6,338	496	N/A	642	N/A
12/31/2017	6,064	470	N/A	598	N/A
9/30/2017	5,870	453	N/A	581	N/A
6/30/2017	5,676	436	N/A	563	N/A
3/31/2017	5,578	423	N/A	573	N/A
12/31/2016	5,480	409	N/A	584	N/A
9/30/2016	5,365	391	N/A	492	N/A
6/30/2016	5,250	373	N/A	401	N/A
3/31/2016	5,144	364	N/A	368	N/A
12/31/2015	5,038	354	N/A	335	N/A
9/30/2015	5,008	339	N/A	392	N/A
6/30/2015	4,977	323	N/A	448	N/A
3/31/2015	4,865	312	N/A	386	N/A
12/31/2014	4,753	300	N/A	324	N/A
9/30/2014	4,630	285	N/A	319	N/A
6/30/2014	4,507	269	N/A	315	N/A
3/31/2014	4,404	260	N/A	389	N/A
12/31/2013	4,300	250	N/A	464	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 669's forecast earnings growth (15.1% per year) is above the savings rate (2.3%).

Earnings vs Market: 669's earnings (15.1% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).

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

Revenue vs Market: 669's revenue (8.5% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 669's revenue (8.5% 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 low in 3 years time (19.9%).

Techtronic Industries Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Techtronic Industries Company Limited Reaffirms Second Half 2023 Sales Targets

Recent updates

Techtronic Industries Company Limited Announces Independent Non-Executive Directors Appointments

Now 20% undervalued

Upcoming dividend of HK$1.08 per share

First half dividend of HK$1.08 announced

First half 2024 earnings released: EPS: US$0.30 (vs US$0.26 in 1H 2023)

Techtronic Industries Company Limited Announces Appointment of Steven Philip Richman as Executive Director

Techtronic Industries Company Limited to Report First Half, 2024 Results on Aug 06, 2024

Founder & Group Executive Chairman recently bought HK$5.8m worth of stock

Founder & Group Executive Chairman recently bought HK$9.3m worth of stock

Now 21% overvalued after recent price rise

Techtronic Industries Company Limited Announces Retirement of Roy Chi Ping Chung as Non-Executive Director

Upcoming dividend of HK$0.98 per share

Techtronic Industries Company Limited Announces the Appointment of Andrew Philip Roberts as Audit Committee Member, Effective 1 May 2024

Now 21% overvalued after recent price rise

Now 21% overvalued after recent price rise

Techtronic Industries Company Limited, Annual General Meeting, May 10, 2024

Group Executive Vice Chairman recently sold HK$37m worth of stock

Final dividend of HK$0.98 announced

Full year 2023 earnings released: EPS: US$0.53 (vs US$0.59 in FY 2022)

Techtronic Industries Company Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 05 July 2024

Techtronic Industries Company Limited to Report Fiscal Year 2023 Results on Mar 06, 2024

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

Investor sentiment improves as stock rises 18%

Techtronic Industries Company Limited Announces Board Changes

Techtronic Industries Company Limited Reaffirms Second Half 2023 Sales Targets

CEO & Group Executive Director recently bought HK$8.4m worth of stock

Upcoming dividend of HK$0.95 per share at 2.3% yield

Founder & Group Executive Chairman recently bought HK$20m worth of stock

Techtronic Industries Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on 15 September 2023

First half 2023 earnings released: EPS: US$0.26 (vs US$0.32 in 1H 2022)

Founder & Group Executive Chairman recently bought HK$2.4m worth of stock

Techtronic Industries Company Limited to Report First Half, 2023 Results on Aug 09, 2023

Techtronic Industries Company Declares Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.90 per share at 2.2% yield

Full year 2022 earnings released: EPS: US$0.59 (vs US$0.60 in FY 2021)

Full year 2022 earnings released: EPS: US$0.59 (vs US$0.60 in FY 2021)

Investor sentiment deteriorates as stock falls 27%

Techtronic Industries Company Limited to Report Fiscal Year 2022 Results on Mar 01, 2023

Non-Executive Director recently sold HK$4.8m worth of stock

Less than half of directors are independent

Upcoming dividend of HK$0.95 per share

Techtronic Industries Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2022, Payable on September 16, 2022

First half 2022 earnings released

Techtronic Industries Company Limited to Report First Half, 2022 Results on Aug 10, 2022

Investor sentiment deteriorated over the past week

Techtronic Industries Company Limited Appoints Ross Gilardi as Senior Vice President of Finance - Investor Relations, Effective July 5, 2022

Techtronic Industries Company Limited Approves Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$1.00 per share

Less than half of directors are independent

Founder & Executive Chairman recently bought HK$11m worth of stock

Founder & Executive Chairman recently sold HK$20m worth of stock

Now 20% undervalued after recent price drop

Techtronic Industries Company Limited, Annual General Meeting, May 13, 2022

Techtronic Industries Company Limited, Annual General Meeting, May 13, 2022

Founder & Executive Chairman recently sold HK$17m worth of stock

Investor sentiment improved over the past week

Founder & Executive Chairman recently sold HK$372m worth of stock

Techtronic Industries Company Limited Announces Final Dividend for the Year Ended December 31, 2021, Payable on 17 June 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Techtronic Industries Company Limited to Report Fiscal Year 2021 Results on Mar 02, 2022

Key Executive recently sold HK$15m worth of stock

Key Executive recently sold HK$25m worth of stock

Upcoming dividend of HK$0.85 per share

Investor sentiment improved over the past week

First half 2021 earnings released: EPS US$0.29 (vs US$0.18 in 1H 2020)

Independent Non-Executive Director Ting Cheung has left the company

Techtronic Industries Power Equipment Introduces Cordless Blower in the Ryobi Whisper Series Family

Techtronic Industries Company Limited Declares Final Dividend for the Year Ended December 31, 2020

Upcoming dividend of HK$0.82 per share

Full year 2020 earnings released: EPS US$0.44 (vs US$0.34 in FY 2019)

Founder & Executive Chairman recently bought HK$14m worth of stock

Full year 2020 earnings released: EPS US$0.44 (vs US$0.34 in FY 2019)

Revenue beats expectations