Sato Foods Co., Ltd.

TSE:2923 Stock Report

Market Cap: JP¥37.8b

Sato Foods Past Earnings Performance

Past criteria checks 5/6

Sato Foods has been growing earnings at an average annual rate of 21.2%, while the Food industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 1.8% per year. Sato Foods's return on equity is 10.9%, and it has net margins of 5.2%.

Key information

21.2%

Earnings growth rate

21.2%

EPS growth rate

Food Industry Growth4.1%
Revenue growth rate-1.8%
Return on equity10.9%
Net Margin5.2%
Next Earnings Update10 Dec 2024

Recent past performance updates

Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Jun 20
Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Recent updates

Sato Foods Co., Ltd. (TSE:2923) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

Sep 04
Sato Foods Co., Ltd. (TSE:2923) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

Is Sato Foods (TSE:2923) Using Too Much Debt?

Aug 06
Is Sato Foods (TSE:2923) Using Too Much Debt?

Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Jun 20
Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TSE:2923 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jul 2443,2102,2388,6570
30 Apr 2442,5812,2958,5040
31 Jan 2441,5482,5287,9270
31 Oct 2340,3342,0257,8460
31 Jul 2339,8561,7837,8700
30 Apr 2339,6661,8417,7550
31 Jan 2340,2201,6088,1350
31 Oct 2240,2142,0298,0040
31 Jul 2239,7962,1227,8520
30 Apr 2239,0511,9387,7210
31 Jan 2239,5621,9079,0480
31 Oct 2144,2471,46014,0190
31 Jul 2145,9541,33516,1270
30 Apr 2146,9441,48917,1080
31 Jan 2148,0741,57317,3320
31 Oct 2045,9411,50916,5560
31 Jul 2045,6931,15916,5420
30 Apr 2044,88868816,5840
31 Jan 2042,21651615,5730
31 Oct 1941,95161215,2450
31 Jul 1941,18473314,8710
30 Apr 1940,90089214,7350
31 Jan 1940,38995014,7230
31 Oct 1839,99681914,4550
31 Jul 1839,20478214,2170
30 Apr 1838,68665014,1630
31 Jan 1838,65966814,0890
31 Oct 1738,51785713,9870
31 Jul 1737,62679813,5600
30 Apr 1737,08584013,1830
31 Jan 1736,97280813,1640
31 Oct 1636,92789912,8630
31 Jul 1636,60182612,7430
30 Apr 1636,20579412,6500
31 Jan 1635,71837712,1650
31 Oct 1534,97211612,0430
30 Apr 1533,55111911,1700

Quality Earnings: 2923 has high quality earnings.

Growing Profit Margin: 2923's current net profit margins (5.2%) are higher than last year (4.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2923's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: 2923's earnings growth over the past year (25.5%) exceeds its 5-year average (21.2% per year).

Earnings vs Industry: 2923 earnings growth over the past year (25.5%) exceeded the Food industry 21.5%.

Return on Equity

High ROE: 2923's Return on Equity (10.9%) is considered low.

Return on Assets

Return on Capital Employed

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