Micronics Japan Future Growth

Future criteria checks 6/6

Micronics Japan is forecast to grow earnings and revenue by 39.7% and 23.3% per annum respectively. EPS is expected to grow by 40.8% per annum. Return on equity is forecast to be 26.5% in 3 years.

Key information

39.7%

Earnings growth rate

40.8%

EPS growth rate

Semiconductor earnings growth	19.6%
Revenue growth rate	23.3%
Future return on equity	26.5%
Analyst coverage	Low
Last updated	19 May 2024

Recent future growth updates

Recent updates

Micronics Japan Co., Ltd.'s (TSE:6871) Share Price Is Still Matching Investor Opinion Despite 25% Slump

Apr 30

Here's What To Make Of Micronics Japan's (TSE:6871) Decelerating Rates Of Return

Apr 22

Micronics Japan's (TSE:6871) Anemic Earnings Might Be Worse Than You Think

Apr 08

Calculating The Intrinsic Value Of Micronics Japan Co., Ltd. (TSE:6871)

Mar 14

Analysts Just Published A Bright New Outlook For Micronics Japan Co., Ltd.'s (TSE:6871)

Feb 27

Market Participants Recognise Micronics Japan Co., Ltd.'s (TSE:6871) Earnings Pushing Shares 76% Higher

Feb 26

Earnings and Revenue Growth Forecasts

TSE:6871 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	79,000	15,450	9,630	N/A	2
12/31/2025	66,750	12,250	4,290	N/A	2
12/31/2024	54,000	8,600	-6,188	N/A	1
3/31/2024	40,317	4,291	N/A	N/A	N/A
12/31/2023	38,292	4,127	-1,529	4,837	N/A
9/30/2023	39,708	4,819	N/A	N/A	N/A
6/30/2023	41,736	5,800	1,091	5,993	N/A
3/31/2023	44,287	7,379	N/A	N/A	N/A
12/31/2022	44,321	7,530	4,555	8,395	N/A
9/30/2022	41,677	8,086	N/A	N/A	N/A
6/30/2022	42,014	8,317	4,363	7,882	N/A
3/31/2022	41,149	8,474	N/A	N/A	N/A
12/31/2021	39,998	8,237	4,226	7,382	N/A
12/31/2020	30,909	2,746	961	2,870	N/A
9/30/2020	31,589	1,503	1,274	3,554	N/A
6/30/2020	30,372	901	N/A	N/A	N/A
3/31/2020	29,042	28	-707	1,538	N/A
12/31/2019	30,795	499	N/A	N/A	N/A
9/30/2019	27,954	879	1,870	4,015	N/A
6/30/2019	29,545	2,106	N/A	N/A	N/A
3/31/2019	29,775	2,788	4,902	6,869	N/A
12/31/2018	28,501	2,177	N/A	N/A	N/A
9/30/2018	30,091	2,489	2,643	4,585	N/A
6/30/2018	29,175	2,532	N/A	N/A	N/A
3/31/2018	29,658	2,499	1,600	3,021	N/A
12/31/2017	29,580	2,078	N/A	N/A	N/A
9/30/2017	28,455	1,154	N/A	2,080	N/A
6/30/2017	28,115	569	N/A	N/A	N/A
3/31/2017	26,632	363	N/A	700	N/A
12/31/2016	25,602	217	N/A	N/A	N/A
9/30/2016	26,047	524	N/A	2,082	N/A
6/30/2016	28,669	2,341	N/A	N/A	N/A
3/31/2016	31,235	3,970	N/A	7,822	N/A
12/31/2015	33,154	5,421	N/A	N/A	N/A
9/30/2015	32,496	5,681	N/A	9,092	N/A
6/30/2015	30,856	4,804	N/A	N/A	N/A
3/31/2015	28,978	3,504	N/A	4,728	N/A
12/31/2014	27,756	2,658	N/A	N/A	N/A
9/30/2014	29,159	2,974	N/A	4,254	N/A
6/30/2014	27,463	2,732	N/A	N/A	N/A
3/31/2014	26,826	2,551	N/A	4,637	N/A
12/31/2013	24,427	2,545	N/A	N/A	N/A
9/30/2013	20,387	1,100	N/A	561	N/A
6/30/2013	19,579	-1,946	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6871's forecast earnings growth (39.7% per year) is above the savings rate (0.2%).

Earnings vs Market: 6871's earnings (39.7% per year) are forecast to grow faster than the JP market (8.5% per year).

High Growth Earnings: 6871's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6871's revenue (23.3% per year) is forecast to grow faster than the JP market (3.9% per year).

High Growth Revenue: 6871's revenue (23.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6871's Return on Equity is forecast to be high in 3 years time (26.5%)

Micronics Japan Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Consensus revenue estimates increase by 13%

Consensus EPS estimates increase by 19%

Consensus EPS estimates fall by 34%

Consensus EPS estimates increase by 71%, revenue downgraded

Price target increased by 19% to JP¥2,000

Recent updates

First quarter 2024 earnings released: EPS: JP¥32.94 (vs JP¥28.71 in 1Q 2023)

Investor sentiment improves as stock rises 16%

Micronics Japan Co., Ltd.'s (TSE:6871) Share Price Is Still Matching Investor Opinion Despite 25% Slump

Investor sentiment deteriorates as stock falls 16%

Now 22% undervalued

Here's What To Make Of Micronics Japan's (TSE:6871) Decelerating Rates Of Return

Micronics Japan's (TSE:6871) Anemic Earnings Might Be Worse Than You Think

Micronics Japan Co., Ltd. to Report Q2, 2024 Results on May 13, 2024

Calculating The Intrinsic Value Of Micronics Japan Co., Ltd. (TSE:6871)

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 13%

Analysts Just Published A Bright New Outlook For Micronics Japan Co., Ltd.'s (TSE:6871)

Market Participants Recognise Micronics Japan Co., Ltd.'s (TSE:6871) Earnings Pushing Shares 76% Higher

Consensus revenue estimates increase by 13%

Micronics Japan Co., Ltd., Annual General Meeting, Mar 28, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 18%

Micronics Japan Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024

Upcoming dividend of JP¥29.00 per share at 1.7% yield

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

Consensus EPS estimates increase by 19%

Investor sentiment improves as stock rises 31%

Investor sentiment improves as stock rises 17%

Micronics Japan Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023

New major risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 34%

Investor sentiment improves as stock rises 17%

Consensus EPS estimates increase by 71%, revenue downgraded

Price target increased by 19% to JP¥2,000

Micronics Japan Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023

Investor sentiment improves as stock rises 24%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 16%

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Consensus revenue estimates fall by 15%

Price target decreased by 9.0% to JP¥1,683

Upcoming dividend of JP¥55.00 per share

Micronics Japan Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023

Price target increased to JP¥1,950

No independent directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to JP¥1,705

Now 21% undervalued

Micronics Japan Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Price target decreased to JP¥1,877

Micronics Japan Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 15%

No independent directors

Full year 2021 earnings: EPS exceeds analyst expectations

Micronics Japan Co., Ltd. to Report Q1, 2022 Results on May 11, 2022

Micronics Japan Co., Ltd., Annual General Meeting, Mar 25, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Upcoming dividend of JP¥58.00 per share

Investor sentiment improved over the past week

Price target increased to JP¥1,826

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Price target increased to JP¥1,662

Price target increased to JP¥1,502

Investor sentiment improved over the past week

Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2021