Macnica Holdings, Inc. (TSE:3132) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Macnica Holdings, Inc. (TSE:3132) came out with its half-year results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results overall were respectable, with statutory earnings of JP¥141 per share roughly in line with what the analysts had forecast. Revenues of JP¥575b came in 4.1% ahead of analyst predictions. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

After the latest results, the dual analysts covering Macnica Holdings are now predicting revenues of JP¥1.12t in 2026. If met, this would reflect a reasonable 2.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 31% to JP¥155. In the lead-up to this report, the analysts had been modelling revenues of JP¥1.08t and earnings per share (EPS) of JP¥155 in 2026. There doesn't appear to have been a major change in sentiment following the results, other than the modest lift to revenue estimates.

Check out our latest analysis for Macnica Holdings

Even though revenue forecasts increased, there was no change to the consensus price target of JP¥2,200, suggesting the analysts are focused on earnings as the driver of value creation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Macnica Holdings' revenue growth is expected to slow, with the forecast 5.6% annualised growth rate until the end of 2026 being well below the historical 13% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.5% annually. Factoring in the forecast slowdown in growth, it looks like Macnica Holdings is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. There was also an upgrade to revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.

You still need to take note of risks, for example - Macnica Holdings has 2 warning signs we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.