Max Past Earnings Performance

Past criteria checks 4/6

Max has been growing earnings at an average annual rate of 17.3%, while the Machinery industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 6.8% per year. Max's return on equity is 10.3%, and it has net margins of 11.6%.

Key information

17.3%

Earnings growth rate

18.4%

EPS growth rate

Machinery Industry Growth5.6%
Revenue growth rate6.8%
Return on equity10.3%
Net Margin11.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Max (TSE:6454) Is Doing The Right Things To Multiply Its Share Price

Oct 03
Max (TSE:6454) Is Doing The Right Things To Multiply Its Share Price

There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) Price

Jul 24
There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) Price

Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To Continue

Jun 14
Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To Continue

Max (TSE:6454) Has A Rock Solid Balance Sheet

May 22
Max (TSE:6454) Has A Rock Solid Balance Sheet

Max's (TSE:6454) Dividend Will Be Increased To ¥98.00

Mar 22
Max's (TSE:6454) Dividend Will Be Increased To ¥98.00

Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00

Feb 27
Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00

Revenue & Expenses Breakdown

How Max makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:6454 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2488,59910,30127,0300
30 Jun 2488,02610,85726,5860
31 Mar 2486,63810,43525,9900
31 Dec 2385,7689,73725,4620
30 Sep 2385,2739,07725,1400
30 Jun 2385,1808,31725,1830
31 Mar 2384,3167,61925,0700
31 Dec 2283,3997,62324,8650
30 Sep 2280,4007,38624,3810
30 Jun 2277,1316,98723,6280
31 Mar 2273,9586,09022,7810
31 Dec 2171,7795,99422,0690
30 Sep 2169,5105,72121,2050
30 Jun 2166,6185,38020,4770
31 Mar 2164,0295,15319,8630
31 Dec 2063,9864,62820,2770
30 Sep 2064,8264,91720,3220
30 Jun 2066,9965,18520,4510
31 Mar 2069,6715,51020,7550
31 Dec 1970,2185,46220,2410
30 Sep 1970,7965,31720,1700
30 Jun 1970,5115,23119,9720
31 Mar 1970,1185,06419,8280
31 Dec 1870,1345,26619,7860
30 Sep 1869,4204,96919,6560
30 Jun 1869,1644,80419,6750
31 Mar 1868,1384,65419,6870
31 Dec 1768,0084,41219,7720
30 Sep 1767,5304,84519,7250
30 Jun 1767,0334,75219,6700
31 Mar 1766,9674,72619,6510
31 Dec 1666,5384,33919,4870
30 Sep 1666,4353,77719,4210
30 Jun 1666,4523,66719,2260
31 Mar 1666,5103,51218,9070
31 Dec 1566,4303,05418,7010
30 Sep 1566,1063,21618,6300
30 Jun 1565,4343,35218,6590
31 Mar 1564,9503,22218,6680
31 Dec 1465,3553,71818,8040
30 Sep 1465,4133,29318,7820
30 Jun 1465,2522,96718,6420
31 Mar 1464,7912,80918,7260
31 Dec 1362,8173,04518,4370

Quality Earnings: 6454 has high quality earnings.

Growing Profit Margin: 6454's current net profit margins (11.6%) are higher than last year (10.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 6454's earnings have grown by 17.3% per year over the past 5 years.

Accelerating Growth: 6454's earnings growth over the past year (13.5%) is below its 5-year average (17.3% per year).

Earnings vs Industry: 6454 earnings growth over the past year (13.5%) exceeded the Machinery industry 0.8%.


Return on Equity

High ROE: 6454's Return on Equity (10.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:49
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Max Co., Ltd. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Morten PaulsenCLSA
Jiro KojimaDaiwa Securities Co. Ltd.
null nullDaiwa Securities Co. Ltd.