Mitsui High-tec Future Growth

Future criteria checks 4/6

Mitsui High-tec is forecast to grow earnings and revenue by 20.3% and 16.2% per annum respectively. EPS is expected to grow by 12.4% per annum. Return on equity is forecast to be 15.8% in 3 years.

Key information

20.3%

Earnings growth rate

12.4%

EPS growth rate

Semiconductor earnings growth	17.7%
Revenue growth rate	16.2%
Future return on equity	15.8%
Analyst coverage	Good
Last updated	31 Jul 2024

Recent future growth updates

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mar 14

Recent updates

Not Many Are Piling Into Mitsui High-tec, Inc. (TSE:6966) Stock Yet As It Plummets 31%

Aug 06

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Jul 19

Is Now The Time To Look At Buying Mitsui High-tec, Inc. (TSE:6966)?

May 10

Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet

Apr 01

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mar 14

Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce

Mar 06

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Feb 26

Earnings and Revenue Growth Forecasts

TSE:6966 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	303,961	23,611	N/A	N/A	4
1/31/2026	271,497	19,275	N/A	N/A	6
1/31/2025	229,114	15,500	N/A	N/A	4
4/30/2024	201,047	17,109	N/A	N/A	N/A
1/31/2024	195,881	15,545	-4,781	31,676	N/A
10/31/2023	187,771	12,391	N/A	N/A	N/A
7/31/2023	182,768	14,251	4,300	30,219	N/A
4/30/2023	177,094	13,952	N/A	N/A	N/A
1/31/2023	174,615	17,581	105	22,082	N/A
10/31/2022	171,661	21,362	N/A	N/A	N/A
7/31/2022	160,662	18,306	3,617	19,879	N/A
4/30/2022	151,170	16,555	N/A	N/A	N/A
1/31/2022	139,429	11,778	-166	18,129	N/A
10/31/2021	126,540	8,482	N/A	N/A	N/A
7/31/2021	117,538	6,571	-2,766	11,971	N/A
4/30/2021	106,707	4,581	N/A	N/A	N/A
1/31/2021	97,351	2,592	-3,547	8,957	N/A
10/31/2020	92,006	1,174	N/A	N/A	N/A
7/31/2020	88,726	138	-7,716	6,747	N/A
4/30/2020	88,071	-233	N/A	N/A	N/A
1/31/2020	86,970	-624	-3,670	6,453	N/A
10/31/2019	84,280	-998	N/A	N/A	N/A
7/31/2019	82,844	-738	-6,807	7,051	N/A
4/30/2019	82,182	-358	N/A	N/A	N/A
1/31/2019	81,985	302	-8,691	7,238	N/A
10/31/2018	82,744	747	N/A	N/A	N/A
7/31/2018	82,198	1,070	-5,567	5,580	N/A
4/30/2018	80,565	1,317	N/A	N/A	N/A
1/31/2018	78,727	1,906	N/A	4,899	N/A
10/31/2017	75,180	2,777	N/A	N/A	N/A
7/31/2017	71,597	2,824	N/A	3,803	N/A
4/30/2017	67,943	2,370	N/A	N/A	N/A
1/31/2017	65,346	1,849	N/A	5,029	N/A
10/31/2016	64,053	1,480	N/A	N/A	N/A
7/31/2016	62,989	1,184	N/A	6,770	N/A
4/30/2016	63,810	1,710	N/A	N/A	N/A
1/31/2016	64,104	1,817	N/A	6,047	N/A
10/31/2015	64,849	1,867	N/A	N/A	N/A
7/31/2015	66,266	2,634	N/A	7,196	N/A
4/30/2015	65,948	2,480	N/A	N/A	N/A
1/31/2015	65,494	2,553	N/A	6,542	N/A
10/31/2014	64,571	2,920	N/A	N/A	N/A
7/31/2014	62,854	2,490	N/A	5,697	N/A
4/30/2014	62,128	2,664	N/A	N/A	N/A
1/31/2014	60,630	2,827	N/A	6,508	N/A
10/31/2013	57,990	3,236	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6966's forecast earnings growth (20.3% per year) is above the savings rate (0.3%).

Earnings vs Market: 6966's earnings (20.3% per year) are forecast to grow faster than the JP market (8.5% per year).

High Growth Earnings: 6966's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6966's revenue (16.2% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 6966's revenue (16.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6966's Return on Equity is forecast to be low in 3 years time (15.8%).

Mitsui High-tec Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 14% to JP¥10,600

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Price target decreased by 12% to JP¥10,100

Price target increased by 9.1% to JP¥11,700

Price target increased by 10% to JP¥10,725

Price target increased by 12% to JP¥9,500

Recent updates

Not Many Are Piling Into Mitsui High-tec, Inc. (TSE:6966) Stock Yet As It Plummets 31%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 22%

New minor risk - Dividend sustainability

Upcoming dividend of JP¥28.00 per share

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Mitsui High-tec, Inc. to Report Q2, 2025 Results on Sep 10, 2024

First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 14% to JP¥10,600

Is Now The Time To Look At Buying Mitsui High-tec, Inc. (TSE:6966)?

Mitsui High-tec, Inc. to Report Q1, 2025 Results on Jun 14, 2024

Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mitsui High-tec, Inc., Annual General Meeting, Apr 19, 2024

New minor risk - Share price stability

Full year 2024 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 16%

Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Upcoming dividend of JP¥48.00 per share at 1.0% yield

Mitsui High-tec, Inc. to Report Fiscal Year 2024 Results on Mar 12, 2024

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 12% to JP¥10,100

Mitsui High-tec, Inc. to Report Q3, 2024 Results on Dec 13, 2023

Second quarter 2024 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 22%

Price target increased by 9.1% to JP¥11,700

Upcoming dividend of JP¥24.00 per share at 0.8% yield

Price target increased by 10% to JP¥10,725

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased by 12% to JP¥9,500

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of JP¥44.00 per share

Price target decreased to JP¥10,433

Mitsui High-tec, Inc. to Report Fiscal Year 2023 Results on Mar 14, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Now 21% undervalued after recent price drop

Mitsui High-tec, Inc. to Report Q3, 2023 Results on Dec 09, 2022

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of JP¥21.00 per share

Mitsui High-tec, Inc. to Report Q2, 2023 Results on Sep 13, 2022

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased to JP¥11,833

Consensus EPS estimates increase by 14%

Less than half of directors are independent

Mitsui High-tec, Inc. to Report Q1, 2023 Results on Jun 10, 2022

Mitsui High-tec, Inc., Annual General Meeting, Apr 22, 2022

Consensus EPS estimates increase by 11%

Consensus EPS estimates increase by 12%

Price target increased to JP¥10,167

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of JP¥55.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS JP¥66.86 (vs JP¥12.42 in 2Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of JP¥9.00 per share

Investor sentiment improved over the past week

Price target increased to JP¥5,767

First quarter 2022 earnings released: EPS JP¥56.49 (vs JP¥2.08 in 1Q 2021)