MonotaRO Full Year 2024 Earnings: EPS Beats Expectations

MonotaRO (TSE:3064) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥288.1b (up 13% from FY 2023).
• Net income: JP¥26.3b (up 21% from FY 2023).
• Profit margin: 9.1% (up from 8.6% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥53.01 (up from JP¥43.90 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MonotaRO EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Trade Distributors industry in Japan.

Performance of the Japanese Trade Distributors industry.

The company's shares are up 6.4% from a week ago.

Valuation

If you are concerned about investing in overvalued stocks, our analysis of 6 valuation measures indicates MonotaRO could be one stock to be wary of. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.