DTS Future Growth

Future criteria checks 3/6

DTS is forecast to grow earnings and revenue by 12.4% and 6.7% per annum respectively. EPS is expected to grow by 14.3% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

12.4%

Earnings growth rate

14.3%

EPS growth rate

IT earnings growth	11.7%
Revenue growth rate	6.7%
Future return on equity	16.1%
Analyst coverage	Low
Last updated	11 Nov 2024

Recent future growth updates

Recent updates

DTS Corporation's (TSE:9682) Business Is Trailing The Market But Its Shares Aren't

Feb 28

Earnings and Revenue Growth Forecasts

TSE:9682 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	141,443	10,910	10,860	11,820	3
3/31/2026	134,400	10,167	10,030	10,990	3
3/31/2025	126,343	9,457	8,310	9,430	3
9/30/2024	118,842	7,611	8,336	9,395	N/A
6/30/2024	117,927	7,498	N/A	N/A	N/A
3/31/2024	115,727	7,293	9,705	10,410	N/A
12/31/2023	115,268	9,177	N/A	N/A	N/A
9/30/2023	112,946	8,826	10,077	10,754	N/A
6/30/2023	108,213	8,436	N/A	N/A	N/A
3/31/2023	106,132	8,001	6,993	7,642	N/A
12/31/2022	103,059	8,068	N/A	N/A	N/A
9/30/2022	100,727	7,921	6,521	6,927	N/A
6/30/2022	97,836	7,868	N/A	N/A	N/A
3/31/2022	94,452	7,853	7,299	7,589	N/A
12/31/2021	92,736	7,732	N/A	N/A	N/A
9/30/2021	90,552	7,571	9,506	9,848	N/A
6/30/2021	91,747	7,685	N/A	N/A	N/A
3/31/2021	90,493	7,593	9,048	9,366	N/A
12/31/2020	89,501	7,144	N/A	N/A	N/A
9/30/2020	90,818	6,907	7,390	7,810	N/A
6/30/2020	91,031	6,923	N/A	N/A	N/A
3/31/2020	94,618	7,317	6,783	7,551	N/A
12/31/2019	93,713	7,217	7,030	7,818	N/A
9/30/2019	92,538	7,428	5,101	5,917	N/A
6/30/2019	89,962	7,192	4,732	5,450	N/A
3/31/2019	86,716	6,817	6,404	6,947	N/A
12/31/2018	85,391	6,747	6,810	7,336	N/A
9/30/2018	83,901	6,275	8,114	8,868	N/A
6/30/2018	83,287	6,059	N/A	8,110	N/A
3/31/2018	83,163	5,765	N/A	6,761	N/A
12/31/2017	82,696	5,314	N/A	5,437	N/A
9/30/2017	82,483	5,246	N/A	3,478	N/A
6/30/2017	81,025	5,036	N/A	3,129	N/A
3/31/2017	79,858	5,121	N/A	3,764	N/A
12/31/2016	80,117	4,090	N/A	4,042	N/A
9/30/2016	80,562	3,990	N/A	5,293	N/A
6/30/2016	81,966	4,012	N/A	6,666	N/A
3/31/2016	82,537	4,341	N/A	5,060	N/A
12/31/2015	81,131	5,166	N/A	6,224	N/A
9/30/2015	79,653	4,974	N/A	6,398	N/A
6/30/2015	76,907	4,588	N/A	6,652	N/A
3/31/2015	74,609	3,692	N/A	6,950	N/A
12/31/2014	71,822	3,373	N/A	5,540	N/A
9/30/2014	68,490	3,031	N/A	4,864	N/A
6/30/2014	66,539	2,786	N/A	2,967	N/A
3/31/2014	64,174	2,653	N/A	3,725	N/A
12/31/2013	62,884	2,450	N/A	3,338	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9682's forecast earnings growth (12.4% per year) is above the savings rate (0.3%).

Earnings vs Market: 9682's earnings (12.4% per year) are forecast to grow faster than the JP market (7.9% per year).

High Growth Earnings: 9682's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9682's revenue (6.7% per year) is forecast to grow faster than the JP market (4.2% per year).

High Growth Revenue: 9682's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 9682's Return on Equity is forecast to be low in 3 years time (16.1%).

DTS Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 7.9% to JP¥4,317

DTS Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023

Price target increased to JP¥4,233

Price target increased to JP¥4,233

Price target increased to JP¥3,050

Price target increased to JP¥2,800

Recent updates

DTS' (TSE:9682) Shareholders Will Receive A Bigger Dividend Than Last Year

DTS Corporation (TSE:9682) announces an Equity Buyback for 1,600,000 shares, representing 3.82% for ¥5,000 million.

First half dividend of JP¥60.00 announced

Second quarter 2025 earnings released: EPS: JP¥57.04 (vs JP¥53.10 in 2Q 2024)

DTS Corporation to Report Q2, 2025 Results on Oct 29, 2024

DTS (TSE:9682) Has Announced A Dividend Of ¥50.00

Upcoming dividend of JP¥50.00 per share

DTS (TSE:9682) Will Pay A Dividend Of ¥50.00

First quarter 2025 earnings released: EPS: JP¥47.76 (vs JP¥42.19 in 1Q 2024)

DTS (TSE:9682) Ticks All The Boxes When It Comes To Earnings Growth

Investor sentiment deteriorates as stock falls 18%

DTS (TSE:9682) Is Due To Pay A Dividend Of ¥50.00

DTS' (TSE:9682) Dividend Will Be ¥50.00

Final dividend of JP¥50.00 announced

Investor Optimism Abounds DTS Corporation (TSE:9682) But Growth Is Lacking

DTS Corporation Announces Organizational Changes and Personnel Transfers, Effective July 1, 2024

DTS Corporation Approves Composition of the Special Investigation Committee

DTS Corporation Announces Personnel Transfers, Effective from June 1, 2024

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Calculating The Fair Value Of DTS Corporation (TSE:9682)

DTS Corporation, Annual General Meeting, Jun 25, 2024

DTS Corporation (TSE:9682) announces an Equity Buyback for 2,000,000 shares, representing 4.66% for ¥6,000 million.

DTS Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024

Upcoming dividend of JP¥50.00 per share

Price target increased by 7.9% to JP¥4,317

DTS Corporation's (TSE:9682) Business Is Trailing The Market But Its Shares Aren't

DTS Corporation (TSE:9682) agreed to acquire Tohoku Systems Support Co.,Ltd.

Third quarter 2024 earnings released: EPS: JP¥57.06 (vs JP¥48.47 in 3Q 2023)

DTS Corporation (TSE:9682) announces an Equity Buyback for 336,000 shares, representing 0.78% for ¥1,000 million.

DTS Corporation to Report Q3, 2024 Results on Feb 01, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

DTS Corporation Announces Personnel Changes

DTS Corporation to Report Q2, 2024 Results on Oct 30, 2023

Upcoming dividend of JP¥45.00 per share at 2.9% yield

First quarter 2024 earnings released: EPS: JP¥42.19 (vs JP¥31.18 in 1Q 2023)

DTS Corporation to Report Q1, 2024 Results on Jul 31, 2023

Dts Corporation Announces Notice Concerning Changes of Directors/Officers

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of JP¥70.00 per share at 3.2% yield

DTS Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023

Third quarter 2023 earnings released: EPS: JP¥48.47 (vs JP¥43.26 in 3Q 2022)

DTS Corporation to Report Q3, 2023 Results on Feb 01, 2023

Price target increased to JP¥4,233

Second quarter 2023 earnings released: EPS: JP¥43.19 (vs JP¥40.93 in 2Q 2022)

Now 20% undervalued

Upcoming dividend of JP¥50.00 per share

Now 20% undervalued

Price target increased to JP¥4,233

DTS Corporation (TSE:9682) agreed to acquire 51% stake in Partners Information Technology, Inc from Calance Software Pvt. Ltd.

First quarter 2023 earnings released: EPS: JP¥31.18 (vs JP¥30.35 in 1Q 2022)

DTS Corporation to Report Q1, 2023 Results on Jul 29, 2022

Price target increased to JP¥3,050

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

DTS Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022

DTS Corporation Announces Appointment of Sayaka Sakai as General Manager, Public Relations Department

Upcoming dividend of JP¥35.00 per share

DTS Corporation (TSE:9682) announces an Equity Buyback for 400,000 shares, representing 0.89% for ¥1,000 million.

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

Second quarter 2022 earnings released: EPS JP¥40.93 (vs JP¥43.09 in 2Q 2021)

Upcoming dividend of JP¥30.00 per share

Price target increased to JP¥2,800

First quarter 2022 earnings released: EPS JP¥30.35 (vs JP¥28.07 in 1Q 2021)

DTS Corporation (TSE:9682) agreed to acquire I Net Rely Corporation.

Full year 2021 earnings released: EPS JP¥165 (vs JP¥158 in FY 2020)

Upcoming dividend of JP¥30.00 per share

New 90-day high: JP¥2,486

New 90-day high: JP¥2,420

Third quarter 2021 earnings released: EPS JP¥39.40 (vs JP¥33.90 in 3Q 2020)