Stock Analysis
Ryobi Full Year 2024 Earnings: EPS Misses Expectations
Ryobi (TSE:5851) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥293.3b (up 3.8% from FY 2023).
- Net income: JP¥6.94b (down 31% from FY 2023).
- Profit margin: 2.4% (down from 3.6% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥214 (down from JP¥313 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ryobi EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%.
The primary driver behind last 12 months revenue was the Die-Castings segment contributing a total revenue of JP¥258.0b (88% of total revenue). Notably, cost of sales worth JP¥259.1b amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥24.8b (91% of total expenses). Explore how 5851's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Machinery industry in Japan.
Performance of the Japanese Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Ryobi.
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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.
About TSE:5851
Ryobi
Operates as a die casting manufacturer in Japan, the United States, China, and internationally.
