MEITEC Group Holdings Inc. (TSE:9744) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week saw the newest half-year earnings release from MEITEC Group Holdings Inc. (TSE:9744), an important milestone in the company's journey to build a stronger business. It was a credible result overall, with revenues of JP¥68b and statutory earnings per share of JP¥165 both in line with analyst estimates, showing that MEITEC Group Holdings is executing in line with expectations. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Following last week's earnings report, MEITEC Group Holdings' six analysts are forecasting 2026 revenues to be JP¥136.2b, approximately in line with the last 12 months. Statutory earnings per share are forecast to dip 3.3% to JP¥177 in the same period. In the lead-up to this report, the analysts had been modelling revenues of JP¥137.9b 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.

Check out our latest analysis for MEITEC Group Holdings

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥3,380. 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¥3,600 per share, while the most bearish prices it at JP¥3,200. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that MEITEC Group Holdings' revenue growth is expected to slow, with the forecast 0.8% annualised growth rate until the end of 2026 being well below the historical 7.5% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.8% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than MEITEC Group Holdings.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous 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. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

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 forecasts for MEITEC Group Holdings going out to 2028, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with MEITEC Group Holdings , and understanding it should be part of your investment process.

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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.