Stock Analysis
- Japan
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- TSE:2715
Elematec Full Year 2024 Earnings: Misses Expectations
Elematec (TSE:2715) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥194.5b (down 19% from FY 2023).
- Net income: JP¥5.37b (down 30% from FY 2023).
- Profit margin: 2.8% (down from 3.2% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: JP¥131 (down from JP¥188 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elematec Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in Japan.
Performance of the Japanese Electronic industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Elematec that we have uncovered.
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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.
About TSE:2715
Elematec
Elematec Corporation produces, designs, process, assembles, and sells electronic materials, parts, and equipment in Japan and internationally.
Excellent balance sheet established dividend payer.