Alfresa Holdings Future Growth

Future criteria checks 1/6

Alfresa Holdings is forecast to grow earnings and revenue by 1.3% and 1% per annum respectively. EPS is expected to grow by 1.9% per annum. Return on equity is forecast to be 6% in 3 years.

Key information

1.3%

Earnings growth rate

1.9%

EPS growth rate

Healthcare earnings growth	9.0%
Revenue growth rate	1.0%
Future return on equity	6.0%
Analyst coverage	Low
Last updated	31 May 2024

Recent future growth updates

Recent updates

Alfresa Holdings (TSE:2784) Will Be Looking To Turn Around Its Returns

Jun 06

Alfresa Holdings' (TSE:2784) Earnings Offer More Than Meets The Eye

May 22

Is There An Opportunity With Alfresa Holdings Corporation's (TSE:2784) 32% Undervaluation?

Apr 19

Alfresa Holdings' (TSE:2784) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 12

Alfresa Holdings' (TSE:2784) Dividend Will Be Increased To ¥35.00

Feb 27

Earnings and Revenue Growth Forecasts

TSE:2784 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	2,912,867	27,570	10,930	23,640	4
3/31/2026	2,904,899	27,379	13,324	27,031	4
3/31/2025	2,925,538	27,503	-48,000	-17,235	3
3/31/2024	2,858,500	29,558	71,051	86,379	N/A
12/31/2023	2,827,937	31,835	N/A	N/A	N/A
9/30/2023	2,791,506	30,635	47,065	65,501	N/A
6/30/2023	2,748,003	27,711	N/A	N/A	N/A
3/31/2023	2,696,069	25,786	-12,379	13,086	N/A
12/31/2022	2,668,182	28,250	N/A	N/A	N/A
9/30/2022	2,629,356	32,195	2,062	26,317	N/A
6/30/2022	2,599,179	31,064	N/A	N/A	N/A
3/31/2022	2,585,643	32,182	19,558	36,546	N/A
12/31/2021	2,583,102	24,171	N/A	N/A	N/A
9/30/2021	2,596,749	20,392	3,152	17,249	N/A
6/30/2021	2,596,744	22,032	N/A	N/A	N/A
3/31/2021	2,603,169	24,501	-39,402	-21,191	N/A
12/31/2020	2,621,120	31,362	N/A	N/A	N/A
9/30/2020	2,626,482	33,241	28,305	48,008	N/A
6/30/2020	2,671,489	38,095	N/A	N/A	N/A
3/31/2020	2,698,511	40,273	13,252	33,828	N/A
12/31/2019	2,700,672	35,188	N/A	N/A	N/A
9/30/2019	2,709,858	43,046	-16,290	3,030	N/A
6/30/2019	2,653,719	41,242	N/A	N/A	N/A
3/31/2019	2,640,511	41,699	33,211	46,880	N/A
12/31/2018	2,630,785	45,235	N/A	N/A	N/A
9/30/2018	2,620,801	39,438	19,205	33,091	N/A
6/30/2018	2,620,055	38,110	N/A	N/A	N/A
3/31/2018	2,602,917	35,589	35,207	47,575	N/A
12/31/2017	2,592,865	33,125	N/A	N/A	N/A
9/30/2017	2,572,587	31,359	N/A	50,404	N/A
6/30/2017	2,553,571	27,926	N/A	N/A	N/A
3/31/2017	2,551,801	30,893	N/A	34,342	N/A
12/31/2016	2,556,538	33,200	N/A	N/A	N/A
9/30/2016	2,573,256	34,214	N/A	48,553	N/A
6/30/2016	2,585,840	37,564	N/A	N/A	N/A
3/31/2016	2,576,405	34,975	N/A	37,836	N/A
12/31/2015	2,547,709	28,728	N/A	N/A	N/A
9/30/2015	2,509,455	26,946	N/A	19,951	N/A
6/30/2015	2,471,153	23,087	N/A	N/A	N/A
3/31/2015	2,421,162	22,922	N/A	35,813	N/A
12/31/2014	2,446,230	25,212	N/A	N/A	N/A
9/30/2014	2,456,589	25,040	N/A	42,663	N/A
6/30/2014	2,474,070	26,733	N/A	N/A	N/A
3/31/2014	2,504,504	25,566	N/A	-27,507	N/A
12/31/2013	2,463,922	21,783	N/A	N/A	N/A
9/30/2013	2,451,644	24,476	N/A	8,482	N/A
6/30/2013	2,415,927	21,403	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2784's forecast earnings growth (1.3% per year) is above the savings rate (0.2%).

Earnings vs Market: 2784's earnings (1.3% per year) are forecast to grow slower than the JP market (8.8% per year).

High Growth Earnings: 2784's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2784's revenue (1% per year) is forecast to grow slower than the JP market (4.1% per year).

High Growth Revenue: 2784's revenue (1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2784's Return on Equity is forecast to be low in 3 years time (6%).

Alfresa Holdings Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 23%

Price target increased by 12% to JP¥2,150

Price target increased by 7.1% to JP¥1,763

Alfresa Holdings Corporation Provides Earnings Guidance for the Full Year Ending March 31, 2023

Alfresa Holdings Corporation Revises Earnings Guidance for the Six Months Ended September 30, 2022

Alfresa Holdings Corporation Revises Earnings Guidance for the Six Months Ended September 30, 2022

Recent updates

Alfresa Holdings (TSE:2784) Will Be Looking To Turn Around Its Returns

Alfresa Holdings' (TSE:2784) Earnings Offer More Than Meets The Eye

Full year 2024 earnings: EPS exceeds analyst expectations

Alfresa Holdings Corporation, Annual General Meeting, Jun 26, 2024

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 23%

Alfresa Holdings Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2024

Is There An Opportunity With Alfresa Holdings Corporation's (TSE:2784) 32% Undervaluation?

Upcoming dividend of JP¥35.00 per share

Alfresa Holdings' (TSE:2784) Shareholders Will Receive A Bigger Dividend Than Last Year

Alfresa Holdings Corporation to Report Fiscal Year 2024 Results on May 14, 2024

Alfresa Holdings' (TSE:2784) Dividend Will Be Increased To ¥35.00

Third quarter 2024 earnings released: EPS: JP¥48.23 (vs JP¥38.65 in 3Q 2023)

Alfresa Holdings Corporation Provides Commemorative Dividend Guidance for the Fiscal Year Ending March 31, 2024

Second quarter 2024 earnings released: EPS: JP¥40.58 (vs JP¥24.10 in 2Q 2023)

Price target increased by 12% to JP¥2,150

Upcoming dividend of JP¥34.00 per share at 2.3% yield

First quarter 2024 earnings released: EPS: JP¥20.15 (vs JP¥10.50 in 1Q 2023)

New major risk - Revenue and earnings growth

Alfresa Holdings Corporation to Report Q1, 2024 Results on Aug 08, 2023

Alfresa Holdings Corporation to Report Q2, 2024 Results on Nov 07, 2023

Alfresa Holdings Corporation Provides Commemorative Dividend Guidance for the Second Quarter 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Alfresa Holdings Corporation, Annual General Meeting, Jun 27, 2023

Price target increased by 7.1% to JP¥1,763

Upcoming dividend of JP¥29.00 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: JP¥38.65 (vs JP¥55.97 in 3Q 2022)

Alfresa Holdings Corporation Provides Dividend Guidance for the Year Ending March 31, 2023

Alfresa Holdings Corporation to Report Q3, 2023 Results on Feb 07, 2023

Second quarter 2023 earnings released: EPS: JP¥24.10 (vs JP¥17.70 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥24.10 (vs JP¥17.70 in 2Q 2022)

Alfresa Holdings Corporation Provides Earnings Guidance for the Full Year Ending March 31, 2023

Alfresa Holdings Corporation Revises Earnings Guidance for the Six Months Ended September 30, 2022

Alfresa Holdings Corporation Revises Earnings Guidance for the Six Months Ended September 30, 2022

Upcoming dividend of JP¥28.00 per share

Alfresa Holdings Corporation to Report Q2, 2023 Results on Nov 07, 2022

First quarter 2023 earnings released: EPS: JP¥10.50 (vs JP¥15.32 in 1Q 2022)

Alfresa Holdings Corporation Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year Ending March 31, 2023

Alfresa Holdings Corporation to Report Q1, 2023 Results on Aug 05, 2022

Consensus forecasts updated

Full year 2022 earnings: EPS exceeds analyst expectations

Alfresa Holdings Corporation Declares Dividend Payable on June 7, 2022

Alfresa Holdings Corporation, Annual General Meeting, Jun 28, 2022

Less than half of directors are independent

Alfresa Holdings Corporation to Report Fiscal Year 2022 Results on May 16, 2022

Upcoming dividend of JP¥27.00 per share

Third quarter 2022 earnings: EPS exceeds analyst expectations

Alfresa Holdings Corporation Revises Earning Guidance for the Fiscal Year Ending March 31, 2022

Consensus forecasts updated

Alfresa Holdings Corporation Provides Earning Guidance for the Fiscal Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥17.70 (vs JP¥25.45 in 2Q 2021)

Upcoming dividend of JP¥27.00 per share

Consensus EPS estimates fall to JP¥96.39

Full year 2021 earnings released: EPS JP¥116 (vs JP¥190 in FY 2020)

Alfresa Holdings Corporation Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2022

Consensus forecasts updated

Upcoming dividend of JP¥27.00 per share

Alfresa Holdings Corporation to Report Fiscal Year 2021 Results on May 14, 2021

Price target lowered to JP¥1,968

Third quarter 2021 earnings released: EPS JP¥37.73 (vs JP¥46.61 in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: JP¥2,216

Analysts update estimates

New 90-day low: JP¥1,908

Price target raised to JP¥2,113

Alfresa Holdings Corporation to Report Q3, 2021 Results on Feb 08, 2021

Alfresa Holdings Corporation to Report Q2, 2021 Results on Nov 05, 2020

Alfresa Holdings Corporation (TSE:2784) acquired 17.1% stake in Human Life CORD Japan Inc.