ABC-Mart,Inc. (TSE:2670) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Shareholders might have noticed that ABC-Mart,Inc. (TSE:2670) filed its half-year result this time last week. The early response was not positive, with shares down 5.4% to JP¥2,681 in the past week. It was a credible result overall, with revenues of JP¥190b and statutory earnings per share of JP¥45.97 both in line with analyst estimates, showing that ABC-MartInc is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
After the latest results, the nine analysts covering ABC-MartInc are now predicting revenues of JP¥385.7b in 2026. If met, this would reflect a modest 3.1% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be JP¥187, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥386.0b and earnings per share (EPS) of JP¥187 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
View our latest analysis for ABC-MartInc
There were no changes to revenue or earnings estimates or the price target of JP¥3,380, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values ABC-MartInc at JP¥4,050 per share, while the most bearish prices it at JP¥2,800. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that ABC-MartInc's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 6.4% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. Compare this to the 158 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 6.7% per year. So it's pretty clear that, while ABC-MartInc's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple ABC-MartInc analysts - going out to 2028, and you can see them free on our platform here.
Even so, be aware that ABC-MartInc is showing 1 warning sign in our investment analysis , you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.