Hulic Future Growth

Future criteria checks 2/6

Hulic is forecast to grow earnings and revenue by 6% and 9.4% per annum respectively. EPS is expected to grow by 6.2% per annum. Return on equity is forecast to be 11.6% in 3 years.

Key information

6.0%

Earnings growth rate

6.2%

EPS growth rate

Real Estate earnings growth	7.7%
Revenue growth rate	9.4%
Future return on equity	11.6%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Hulic Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 01

Recent updates

Hulic (TSE:3003) Has Announced That It Will Be Increasing Its Dividend To ¥28.00

Nov 13

Hulic Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 01

Hulic (TSE:3003) Is Increasing Its Dividend To ¥28.00

Oct 30

Hulic's (TSE:3003) Dividend Will Be ¥26.00

Oct 15

Hulic Co., Ltd. (TSE:3003) Shares Could Be 21% Above Their Intrinsic Value Estimate

Oct 04

With EPS Growth And More, Hulic (TSE:3003) Makes An Interesting Case

Sep 15

Hulic Co., Ltd.'s (TSE:3003) Business Is Trailing The Market But Its Shares Aren't

Jul 12

Earnings and Revenue Growth Forecasts

TSE:3003 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	630,000	110,266	112,000	N/A	5
12/31/2025	634,250	105,990	-48,550	N/A	6
12/31/2024	563,767	99,618	-158,380	N/A	6
9/30/2024	482,839	90,524	N/A	N/A	N/A
6/30/2024	467,285	94,638	-165,261	241,821	N/A
3/31/2024	441,415	88,474	N/A	N/A	N/A
12/31/2023	446,383	94,625	6,185	270,819	N/A
9/30/2023	402,745	89,180	N/A	N/A	N/A
6/30/2023	459,945	86,268	100,848	333,098	N/A
3/31/2023	529,057	82,816	N/A	N/A	N/A
12/31/2022	523,424	79,150	-27,125	266,108	N/A
9/30/2022	580,836	77,766	N/A	N/A	N/A
6/30/2022	474,439	70,620	-88,826	210,729	N/A
3/31/2022	462,511	75,326	N/A	N/A	N/A
12/31/2021	447,077	69,564	78,057	291,736	N/A
9/30/2021	418,734	75,381	N/A	N/A	N/A
6/30/2021	399,447	72,015	-1,300	262,870	N/A
3/31/2021	353,115	63,010	N/A	N/A	N/A
12/31/2020	339,645	63,619	-119,189	202,304	N/A
9/30/2020	327,918	50,672	N/A	N/A	N/A
6/30/2020	346,338	60,234	-57,815	172,369	N/A
3/31/2020	394,438	65,353	N/A	N/A	N/A
12/31/2019	357,272	58,805	-123,087	231,180	N/A
9/30/2019	333,092	52,934	N/A	N/A	N/A
6/30/2019	344,148	51,992	-188,287	247,347	N/A
3/31/2019	278,195	47,368	N/A	N/A	N/A
12/31/2018	287,513	49,515	-123,177	130,973	N/A
9/30/2018	332,905	48,551	N/A	N/A	N/A
6/30/2018	307,214	45,208	N/A	101,509	N/A
3/31/2018	299,712	44,365	N/A	N/A	N/A
12/31/2017	289,618	42,402	N/A	45,724	N/A
9/30/2017	197,383	36,034	N/A	N/A	N/A
6/30/2017	215,756	38,042	N/A	6,970	N/A
3/31/2017	199,144	31,704	N/A	N/A	N/A
12/31/2016	215,780	34,897	N/A	108,407	N/A
9/30/2016	197,152	36,677	N/A	N/A	N/A
6/30/2016	182,023	36,728	N/A	65,287	N/A
3/31/2016	190,372	35,950	N/A	N/A	N/A
12/31/2015	169,956	33,628	N/A	36,272	N/A
9/30/2015	174,300	30,471	N/A	N/A	N/A
6/30/2015	174,541	24,945	N/A	29,782	N/A
3/31/2015	145,464	23,106	N/A	N/A	N/A
12/31/2014	212,791	22,352	N/A	84,123	N/A
9/30/2014	201,757	19,159	N/A	N/A	N/A
6/30/2014	196,603	19,631	N/A	117,636	N/A
3/31/2014	196,063	18,083	N/A	N/A	N/A
12/31/2013	108,444	15,970	N/A	11,114	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3003's forecast earnings growth (6% per year) is above the savings rate (0.3%).

Earnings vs Market: 3003's earnings (6% per year) are forecast to grow slower than the JP market (7.9% per year).

High Growth Earnings: 3003's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3003's revenue (9.4% per year) is forecast to grow faster than the JP market (4.2% per year).

High Growth Revenue: 3003's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3003's Return on Equity is forecast to be low in 3 years time (11.6%).

Hulic Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Hulic Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Price target increased by 7.7% to JP¥1,549

Hulic Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023

Hulic Co., Ltd. Provides Earnings Guidance for the Fiscal 2022

Hulic Co., Ltd. Provides Earnings Guidance for the Full Year 2022

Consensus forecasts updated

Recent updates

Hulic (TSE:3003) Has Announced That It Will Be Increasing Its Dividend To ¥28.00

Hulic Co., Ltd. (TSE:3003) completed the acquisition of 29.13491% stake in Raysum Co., Ltd. (TSE:8890) for ¥49.5 billion.

Hulic Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Hulic (TSE:3003) Is Increasing Its Dividend To ¥28.00

An undisclosed buyer agreed to acquire Grand Nikko Tokyo Daiba from Hulic Co., Ltd. (TSE:3003).

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Hulic's (TSE:3003) Dividend Will Be ¥26.00

Hulic Co., Ltd. (TSE:3003) Shares Could Be 21% Above Their Intrinsic Value Estimate

Now 21% overvalued after recent price rise

With EPS Growth And More, Hulic (TSE:3003) Makes An Interesting Case

Hulic Co., Ltd. (TSE:3003) proposed to acquire 36% stake in Raysum Co., Ltd. (TSE:8890) for for ¥61 billion.

Hulic Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024

Now 21% overvalued after recent price rise

First half dividend of JP¥26.00 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Hulic Co., Ltd.'s (TSE:3003) Business Is Trailing The Market But Its Shares Aren't

Upcoming dividend of JP¥26.00 per share

Hulic Co., Ltd. to Report Q2, 2024 Results on Jul 26, 2024

Hulic's (TSE:3003) Dividend Will Be ¥26.00

Hulic Co., Ltd. (TSE:3003) completed the acquisition of 25.49% stake in Riso Kyoiku Co., Ltd. (TSE:4714).

Hulic (TSE:3003) Is Due To Pay A Dividend Of ¥26.00

Hulic (TSE:3003) Is Due To Pay A Dividend Of ¥26.00

First quarter 2024 earnings released: EPS: JP¥20.84 (vs JP¥28.93 in 1Q 2023)

Hulic (TSE:3003) Has Announced A Dividend Of ¥26.00

Hulic (TSE:3003) Will Pay A Dividend Of ¥26.00

Final dividend of JP¥26.00 announced

Hulic Co., Ltd. (TSE:3003) made an offer to acquire 25.49% stake in Riso Kyoiku Co., Ltd. (TSE:4714).

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Hulic Co., Ltd. Proposes Dividends of Surplus (Year-End), Payable on March 27, 2024

Price target increased by 7.7% to JP¥1,549

Upcoming dividend of JP¥25.00 per share at 3.1% yield

Hulic Co., Ltd. to Report Fiscal Year 2023 Results on Jan 30, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Hulic Co., Ltd. Revises Dividend Guidance for the Year-End of Year Ending December 31, 2023

Hulic Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023

Hulic Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of JP¥23.00 per share at 3.7% yield

Hulic Co., Ltd. to Report Q2, 2023 Results on Jul 28, 2023

Hulic Co., Ltd., Annual General Meeting, Mar 23, 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of JP¥22.00 per share

Hulic Co., Ltd. to Report Fiscal Year 2022 Results on Jan 30, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: JP¥15.34 (vs JP¥6.77 in 3Q 2021)

Hulic Co., Ltd. Revises Year-End Dividend for the Year Ending December 31, 2022

Hulic Co., Ltd. to Report Q3, 2022 Results on Oct 28, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Hulic Co., Ltd. Provides Earnings Guidance for the Fiscal 2022

Upcoming dividend of JP¥20.00 per share

Hulic Co., Ltd. to Report Q2, 2022 Results on Jul 28, 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Hulic Co., Ltd. Provides Earnings Guidance for the Full Year 2022

Less than half of directors are independent

Hulic Reit, Inc. (TSE:3295) completed the acquisition of Granda Gakugeidaigaku from Hulic Co., Ltd. (TSE:3003).

Hulic Co., Ltd. (TSE:3003) executed a Purchase Agreement to acquire Trust Beneficiary Rights in Shintomicho Building from Japan Excellent, Inc. (TSE:8987) for ¥3.1 billion.

Consensus forecasts updated

Hulic Co., Ltd., Annual General Meeting, Mar 23, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Hulic Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended December 31, 2021

Upcoming dividend of JP¥19.00 per share

Hulic Co., Ltd. (TSE:3003) agreed to acquire G-Bldg. Ginza 01, G-Bldg. Shinjuku 01 and Summit Store Nakano Minamidai from Japan Metropolitan Fund Investment Corporation (TSE:8953) for ¥20.8 billion.

Third quarter 2021 earnings released: EPS JP¥6.77 (vs JP¥1.73 in 3Q 2020)

Hulic Co., Ltd. (TSE:3003) agreed to acquire NBF Ochanomizu Building from Nippon Building Fund Management Ltd. for ¥16.1 billion.

Second quarter 2021 earnings released: EPS JP¥34.97 (vs JP¥21.50 in 2Q 2020)

Upcoming dividend of JP¥19.00 per share

Mapletree North Asia Commercial Trust (SGX:RW0U) and Godo Kaisha Tsubaki 3 completed the acquisition of Hewlett-Packard Japan Headquarters from Hulic Co., Ltd. (TSE:3003).

Hulic Co., Ltd. (TSE:3003) agreed to acquire Trust beneficial interest in Quartz Tower from United Urban Investment Corporation (TSE:8960) for ¥5.8 billion.

Mapletree North Asia Commercial Trust (SGX:RW0U) and Godo Kaisha Tsubaki 3 entered into an agreement to acquire Hewlett-Packard Japan Headquarters from Hulic Co., Ltd. (TSE:3003).