Okamura Foods Past Earnings Performance
Past criteria checks 1/6
Okamura Foods has been growing earnings at an average annual rate of 6.2%, while the Food industry saw earnings growing at 4.1% annually. Revenues have been growing at an average rate of 20.1% per year. Okamura Foods's return on equity is 24%, and it has net margins of 8.3%.
Key information
6.2%
Earnings growth rate
6.2%
EPS growth rate
| Food Industry Growth | 4.1% |
| Revenue growth rate | 20.1% |
| Return on equity | 24.0% |
| Net Margin | 8.3% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Okamura Foods makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 28,939 | 2,389 | 3,764 | 0 |
| 30 Jun 22 | 24,100 | 2,249 | 2,961 | 0 |
| 30 Jun 21 | 20,214 | 992 | 2,613 | 0 |
Quality Earnings: 2938 has high quality earnings.
Growing Profit Margin: 2938's current net profit margins (8.3%) are lower than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 2938's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 2938's past year earnings growth to its 5-year average.
Earnings vs Industry: 2938 earnings growth over the past year (6.2%) did not outperform the Food industry 35.8%.
Return on Equity
High ROE: Whilst 2938's Return on Equity (23.97%) is high, this metric is skewed due to their high level of debt.