Renesas Electronics Future Growth

Future criteria checks 3/6

Renesas Electronics is forecast to grow earnings and revenue by 11.9% and 8.3% per annum respectively. EPS is expected to grow by 12.1% per annum. Return on equity is forecast to be 13.1% in 3 years.

Key information

11.9%

Earnings growth rate

12.1%

EPS growth rate

Semiconductor earnings growth	17.4%
Revenue growth rate	8.3%
Future return on equity	13.1%
Analyst coverage	Good
Last updated	12 Sep 2024

Recent future growth updates

Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Jul 28

Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28

Recent updates

At JP¥2,106, Is It Time To Put Renesas Electronics Corporation (TSE:6723) On Your Watch List?

Sep 15

Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet

Aug 16

Slammed 31% Renesas Electronics Corporation (TSE:6723) Screens Well Here But There Might Be A Catch

Aug 03

Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Jul 28

Renesas Electronics (TSE:6723) Might Have The Makings Of A Multi-Bagger

Jul 25

Renesas Electronics Corporation (TSE:6723) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jun 09

Should You Investigate Renesas Electronics Corporation (TSE:6723) At JP¥2,896?

May 26

With Renesas Electronics Corporation (TSE:6723) It Looks Like You'll Get What You Pay For

May 11

Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28

Investors Will Want Renesas Electronics' (TSE:6723) Growth In ROCE To Persist

Apr 24

Is Renesas Electronics (TSE:6723) Using Too Much Debt?

Apr 10

Earnings and Revenue Growth Forecasts

TSE:6723 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,763,043	364,363	429,962	533,250	9
12/31/2025	1,607,295	308,756	368,950	466,166	12
12/31/2024	1,420,556	253,339	257,667	383,150	9
6/30/2024	1,451,921	280,913	304,484	469,555	N/A
3/31/2024	1,461,831	311,741	352,833	487,628	N/A
12/31/2023	1,469,415	337,086	367,500	496,627	N/A
9/30/2023	1,498,295	342,613	345,151	446,271	N/A
6/30/2023	1,506,036	342,000	382,151	479,992	N/A
3/31/2023	1,513,939	301,960	365,705	461,145	N/A
12/31/2022	1,500,853	256,632	391,126	479,325	N/A
9/30/2022	1,424,472	236,957	399,893	484,332	N/A
6/30/2022	1,295,773	199,993	339,520	415,054	N/A
3/31/2022	1,137,028	173,430	284,287	349,685	N/A
12/31/2021	993,908	119,536	255,038	307,384	N/A
9/30/2021	871,566	82,612	235,906	278,578	N/A
6/30/2021	791,811	60,119	229,915	267,903	N/A
3/31/2021	740,608	48,051	207,113	242,442	N/A
12/31/2020	715,673	45,626	185,703	223,889	N/A
9/30/2020	716,095	39,968	180,225	220,693	N/A
6/30/2020	720,774	28,470	160,484	203,531	N/A
3/31/2020	746,727	7,208	160,814	210,674	N/A
12/31/2019	718,243	-6,317	145,592	201,960	N/A
9/30/2019	713,120	-13,413	109,653	189,169	N/A
6/30/2019	709,989	-9,609	99,346	183,004	N/A
3/31/2019	720,850	25,819	90,535	175,152	N/A
12/31/2018	756,503	50,989	85,434	172,308	N/A
9/30/2018	779,827	75,920	73,606	155,114	N/A
6/30/2018	795,106	90,682	66,097	157,553	N/A
3/31/2018	788,527	80,558	N/A	169,833	N/A
12/31/2017	780,261	77,196	N/A	164,222	N/A
12/31/2016	628,041	58,825	N/A	127,843	N/A
9/30/2016	637,192	48,277	N/A	109,801	N/A
6/30/2016	665,963	66,398	N/A	122,276	N/A
3/31/2016	693,289	86,292	N/A	126,296	N/A
12/31/2015	707,707	85,045	N/A	133,445	N/A
9/30/2015	734,847	104,656	N/A	141,812	N/A
6/30/2015	761,117	91,038	N/A	146,256	N/A
3/31/2015	791,074	82,365	N/A	116,746	N/A
12/31/2014	809,367	57,858	N/A	114,908	N/A
9/30/2014	833,073	42,637	N/A	107,804	N/A
6/30/2014	843,213	19,898	N/A	67,306	N/A
3/31/2014	833,011	-5,291	N/A	93,722	N/A
12/31/2013	817,874	4,312	N/A	78,262	N/A
9/30/2013	793,246	-65,310	N/A	-3,126	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6723's forecast earnings growth (11.9% per year) is above the savings rate (0.3%).

Earnings vs Market: 6723's earnings (11.9% per year) are forecast to grow faster than the JP market (8.7% per year).

High Growth Earnings: 6723's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6723's revenue (8.3% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 6723's revenue (8.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6723's Return on Equity is forecast to be low in 3 years time (13.1%).

Renesas Electronics Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 14%

Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Price target increased by 9.0% to JP¥3,853

Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 15%, revenue downgraded

Recent updates

At JP¥2,106, Is It Time To Put Renesas Electronics Corporation (TSE:6723) On Your Watch List?

Investor sentiment deteriorates as stock falls 17%

Renesas Electronics Corporation Launches Ultra Compact Sensor Module for Smart Air Quality Monitoring at Homes, Schools and Public Buildings

Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet

Slammed 31% Renesas Electronics Corporation (TSE:6723) Screens Well Here But There Might Be A Catch

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others.

Consensus EPS estimates fall by 14%

Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Second quarter 2024 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 22%

Renesas Electronics (TSE:6723) Might Have The Makings Of A Multi-Bagger

Price target increased by 9.0% to JP¥3,853

Renesas Electronics Corporation to Report Q2, 2024 Results on Jul 25, 2024

Renesas Electronics Corporation (TSE:6723) completed the acquisition of acquire Transphorm, Inc. (NasdaqCM:TGAN) from KKR & Co. Inc. (NYSE:KKR), KKR Phorm Investors L.P., KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc. and KKR Phorm Investors GP LLC.

Renesas Electronics Corporation (TSE:6723) Shares Could Be 20% Below Their Intrinsic Value Estimate

Now 20% undervalued

Should You Investigate Renesas Electronics Corporation (TSE:6723) At JP¥2,896?

With Renesas Electronics Corporation (TSE:6723) It Looks Like You'll Get What You Pay For

Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

First quarter 2024 earnings: EPS exceeds analyst expectations

Investors Will Want Renesas Electronics' (TSE:6723) Growth In ROCE To Persist

Renesas Electronics Corporation Announces New FemtoClock 3 Timing Solution Delivers Lowest Power and Leading Jitter Performance of 25fs-rms

Renesas Electronics Corporation Commences Operations of Kofu Factory as Dedicated 300-Mm Wafer Fab for Power Semiconductors

Is Renesas Electronics (TSE:6723) Using Too Much Debt?

Renesas Electronics Corporation Introduces New Entry-Level RA0 MCU Series with Best-In-Class Power Consumption

Renesas Electronics Corporation to Report Q1, 2024 Results on Apr 25, 2024

Renesas Electronics Corporation Introduces Industry's First General-Purpose 32-bit RISC-V MCUs with Internally Developed CPU Core

Renesas Electronics Corporation Introduces the RA2A2 Microcontroller Group Based on the Arm Cortex-M23 Processor

Renesas Electronics Corporation Develops New AI Accelerator for Lightweight AI Models and Embedded Processor Technology to Enable Real-Time Processing

Renesas Electronics Corporation Develops Embedded MRAM Macro that Achieves over 200MHz Fast Random-Read Access and a 10.4 MB/s Fast Write Throughput for High Performance MCUs

Renesas Electronics Corporation (TSE:6723) entered into a Scheme Implementation Agreement to acquire Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others for AUD 9 billion.

Renesas Electronics Corporation (TSE:6723) entered into a Scheme Implementation Agreement to acquire Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others for AUD 9 billion.

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

Renesas Electronics Corporation, Annual General Meeting, Mar 26, 2024

Renesas Electronics Corporation Proposes Dividend for the Year Ended December 31, 2023, Payable on March 29, 2024

Renesas Electronics Corporation Introduced the RA8T1 Microcontroller Group Based on the Arm® Cortex®-M85 Processor

Renesas Electronics Corporation Introduces the New Device in its Automotive HD Link Portfolio

Renesas Electronics Corporation to Report Fiscal Year 2023 Results on Feb 08, 2024

Renesas Electronics Corporation Introduces a New 64-Bit General-Purpose Microprocessor for IoT Edge and Gateway Devices

Renesas Electronics Corporation (TSE:6723) entered into a definitive agreement to acquire Transphorm, Inc. (NasdaqCM:TGAN) from KKR Phorm Investors L.P., KKR & Co. Inc. (NYSE:KKR) and others for approximately $340 million.

Renesas Electronics Corporation (TSE:6723) entered into a definitive agreement to acquire Transphorm, Inc. (NasdaqCM:TGAN) from KKR Phorm Investors L.P., KKR & Co. Inc. (NYSE:KKR) and others for approximately $320 million.

Renesas Electronics Corporation Launches Cloud-Based Environment to Accelerate Automotive Ai Software Development and Evaluation

Renesas Electronics Corporation Introduces the RA8D1 Microcontroller Group

Renesas Electronics Corporation Programmable Motor Driver Ics Are First to Enable Full Torque At Zero Speed for Sensorless Brushless Dc Motors

Renesas Unveils the First Generation of Own 32-Bit Risc-V Cpu Core Ahead of Competition

Renesas Electronics Corporation Introduces 32-Bit Rx MCU with High-Speed, High-Precision Analog Front End for High-End Industrial Sensor Systems

An unknown buyer acquired 7.38% stake in Renesas Electronics Corporation (TSE:6723) from INCJ, Ltd.

An unknown buyer acquired 7.38% stake in Renesas Electronics Corporation (TSE:6723) from INCJ, Ltd.

Renesas Electronics Corporation Unveils Processor Roadmap for Next-Gen Automotive SoCs and MCUs

Investor sentiment improves as stock rises 16%

Renesas Electronics Corporation Introduces Powerful Microcontrollers

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Renesas Electronics Corporation Develops Cost-Effective, Highly Accurate and Robust Induction Motor Position Sensing Technology

Renesas Electronics Corporation Announces Executive Changes, Effective January 1, 2024

Renesas Electronics Corporation to Report Q3, 2023 Results on Oct 26, 2023

Renesas Electronics Corporation Announces New 16-bit RL78/G24 MCU Delivers Top-Class Performance for Motor Control and Power Supply Control Systems

Renesas Extends Its Aiot Leadership with Integration of Reality Ai Tools and E2 Studio Ide

Now 20% undervalued

Renesas Electronics Corporation Embraces Microsoft Visual Studio Code Across its Entire MCU and MPU Lineup

Second quarter 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates increase by 17%

Renesas Electronics Corporation Develops Complete Power Management Solution for Amd Space-Grade Versal Adaptive Soc

New minor risk - Share price stability

Renesas Introduces R-Car S4 Starter Kit That Enables Rapid Software Development for Automotive Gateway Systems

Renesas Electronics Corporation to Report Q2, 2023 Results on Jul 27, 2023

Renesas Electronics Corporation Introduces Industry's First Client Clock Driver and Gen 3 RCD to Enable Demanding DDR5 Client and Server DIMMs

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Panthronics AG from the shareholders.

First quarter 2023 earnings released: EPS: JP¥58.50 (vs JP¥30.80 in 1Q 2022)

High number of new and inexperienced directors