NOF Future Growth

Future criteria checks 2/6

NOF is forecast to grow earnings and revenue by 7.2% and 5.9% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

7.2%

Earnings growth rate

8.3%

EPS growth rate

Chemicals earnings growth13.1%
Revenue growth rate5.9%
Future return on equity12.7%
Analyst coverage

Low

Last updated22 Nov 2024

Recent future growth updates

Recent updates

NOF Corporation's (TSE:4403) Shareholders Might Be Looking For Exit

Dec 15
NOF Corporation's (TSE:4403) Shareholders Might Be Looking For Exit

Slowing Rates Of Return At NOF (TSE:4403) Leave Little Room For Excitement

Nov 27
Slowing Rates Of Return At NOF (TSE:4403) Leave Little Room For Excitement

NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value Estimate

Nov 08
NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably Well

Oct 24
These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably Well

Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%

Sep 04
Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%

Returns At NOF (TSE:4403) Appear To Be Weighed Down

Aug 27
Returns At NOF (TSE:4403) Appear To Be Weighed Down

Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)

Jul 05
Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)

Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

Jun 20
Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

NOF (TSE:4403) Seems To Use Debt Rather Sparingly

Apr 11
NOF (TSE:4403) Seems To Use Debt Rather Sparingly

NOF (TSE:4403) Has Announced A Dividend Of ¥56.00

Mar 26
NOF (TSE:4403) Has Announced A Dividend Of ¥56.00

NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00

Mar 11
NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00

NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00

Feb 26
NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00

Earnings and Revenue Growth Forecasts

TSE:4403 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027269,10039,50035,50043,8002
3/31/2026258,00037,53315,50039,3003
3/31/2025238,90034,46715,69532,8953
9/30/2024230,92634,67615,29530,846N/A
6/30/2024228,10736,024N/AN/AN/A
3/31/2024222,25233,99012,22229,970N/A
12/31/2023219,99534,133N/AN/AN/A
9/30/2023215,70532,85915,27026,587N/A
6/30/2023214,95033,049N/AN/AN/A
3/31/2023217,70933,97317,11423,333N/A
12/31/2022211,06131,296N/AN/AN/A
9/30/2022206,32330,80319,74225,408N/A
6/30/2022201,82130,196N/AN/AN/A
3/31/2022192,64226,69019,97727,393N/A
12/31/2021191,23928,448N/AN/AN/A
9/30/2021186,72629,78123,95431,542N/A
6/30/2021177,70325,993N/AN/AN/A
3/31/2021172,64523,30224,74430,726N/A
12/31/2020169,10922,342N/AN/AN/A
9/30/2020170,13318,44917,76424,025N/A
6/30/2020175,14119,787N/AN/AN/A
3/31/2020180,91721,14020,12627,837N/A
12/31/2019184,31121,394N/AN/AN/A
9/30/2019185,87821,54715,68723,065N/A
6/30/2019188,23122,014N/AN/AN/A
3/31/2019189,15222,03413,91419,864N/A
12/31/2018186,82721,433N/AN/AN/A
9/30/2018186,46421,43421,77027,623N/A
6/30/2018182,46020,853N/AN/AN/A
3/31/2018179,93519,913N/A20,211N/A
12/31/2017176,95017,742N/AN/AN/A
9/30/2017174,31017,755N/A20,127N/A
6/30/2017174,44617,279N/AN/AN/A
3/31/2017174,05717,586N/A24,024N/A
12/31/2016171,90216,343N/AN/AN/A
9/30/2016171,50915,076N/A21,732N/A
6/30/2016172,46814,819N/AN/AN/A
3/31/2016170,46013,589N/A16,906N/A
12/31/2015171,20113,781N/AN/AN/A
9/30/2015168,62313,061N/A16,508N/A
6/30/2015167,49912,550N/AN/AN/A
3/31/2015167,69711,703N/A14,230N/A
12/31/2014166,98710,529N/AN/AN/A
9/30/2014164,7589,644N/A7,347N/A
6/30/2014164,7889,491N/AN/AN/A
3/31/2014160,9639,737N/A15,692N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4403's forecast earnings growth (7.2% per year) is above the savings rate (0.3%).

Earnings vs Market: 4403's earnings (7.2% per year) are forecast to grow slower than the JP market (7.8% per year).

High Growth Earnings: 4403's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4403's revenue (5.9% per year) is forecast to grow faster than the JP market (4.2% per year).

High Growth Revenue: 4403's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4403's Return on Equity is forecast to be low in 3 years time (12.7%).


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 04:00
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NOF Corporation is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi EnomotoBofA Global Research
null nullCompany Forecast
Takahiro MoriDaiwa Securities Co. Ltd.