Stock Analysis

Noritz Third Quarter 2024 Earnings: EPS: JP¥58.47 (vs JP¥10.58 loss in 3Q 2023)

Simply Wall St

Published November 15, 2024

Noritz (TSE:5943) Third Quarter 2024 Results

Key Financial Results

Revenue: JP¥45.2b (flat on 3Q 2023).
Net income: JP¥2.70b (up from JP¥488.0m loss in 3Q 2023).
Profit margin: 6.0% (up from net loss in 3Q 2023).
EPS: JP¥58.47 (up from JP¥10.58 loss in 3Q 2023).

TSE:5943 Earnings and Revenue Growth November 15th 2024

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

Noritz Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Building industry in Japan.

Performance of the Japanese Building industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Noritz (1 shouldn't be ignored!) that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Noritz might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.