Stock Analysis
RENOVA (TSE:9519) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥44.7b (up 33% from FY 2023).
- Net income: JP¥8.86b (up 231% from FY 2023).
- Profit margin: 20% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: JP¥112 (up from JP¥34.08 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RENOVA Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 8.6%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia.
Performance of the market in Japan.
The company's shares are up 1.2% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with RENOVA (at least 3 which are a bit concerning), and understanding these should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether RENOVA is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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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.
Valuation is complex, but we're helping make it simple.
Find out whether RENOVA is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About TSE:9519
RENOVA
Engages in the development and operation of renewable energy power plant in Japan.
Good value with proven track record.