Maxell Full Year 2024 Earnings: EPS Beats Expectations

Maxell (TSE:6810) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥129.1b (down 2.7% from FY 2023).
• Net income: JP¥7.54b (up 45% from FY 2023).
• Profit margin: 5.8% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: JP¥165 (up from JP¥109 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Maxell EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.

The primary driver behind last 12 months revenue was the Optics & Systems segment contributing a total revenue of JP¥41.4b (32% of total revenue). Notably, cost of sales worth JP¥98.7b amounted to 76% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥15.8b (69% of total expenses). Explore how 6810's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan.

Performance of the Japanese Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Maxell that you should be aware of before investing here.

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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.