Here's What Analysts Are Forecasting For MEITEC Group Holdings Inc. (TSE:9744) After Its Yearly Results

It's been a good week for MEITEC Group Holdings Inc. (TSE:9744) shareholders, because the company has just released its latest annual results, and the shares gained 3.0% to JP¥3,068. MEITEC Group Holdings reported JP¥133b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of JP¥165 beat expectations, being 2.9% higher than what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the current consensus from MEITEC Group Holdings' six analysts is for revenues of JP¥136.6b in 2026. This would reflect a modest 2.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to increase 5.6% to JP¥174. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥138.1b and earnings per share (EPS) of JP¥177 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for MEITEC Group Holdings

There were no changes to revenue or earnings estimates or the price target of JP¥3,240, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values MEITEC Group Holdings at JP¥3,500 per share, while the most bearish prices it at JP¥3,140. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that MEITEC Group Holdings' revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 2.6% growth on an annualised basis. This is compared to a historical growth rate of 7.2% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.9% annually. Factoring in the forecast slowdown in growth, it seems obvious that MEITEC Group Holdings is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that MEITEC Group Holdings' revenue is expected to perform worse than the wider industry. The consensus price target held steady at JP¥3,240, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple MEITEC Group Holdings analysts - going out to 2028, and you can see them free on our platform here.

Before you take the next step you should know about the 1 warning sign for MEITEC Group Holdings that we have uncovered.

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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.