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- TSE:5401
Nippon Steel Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Nippon Steel (TSE:5401) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥8.87t (up 11% from FY 2023).
- Net income: JP¥549.4b (down 21% from FY 2023).
- Profit margin: 6.2% (down from 8.7% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥597 (down from JP¥754 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nippon Steel EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan.
Performance of the Japanese Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Nippon Steel, and understanding it should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Nippon Steel might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TSE:5401
Nippon Steel
Engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally.
Undervalued with excellent balance sheet and pays a dividend.