SMC Past Earnings Performance

Past criteria checks 4/6

SMC has been growing earnings at an average annual rate of 14.3%, while the Machinery industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 7.7% per year. SMC's return on equity is 13.2%, and it has net margins of 27.2%.

Key information

14.3%

Earnings growth rate

15.0%

EPS growth rate

Machinery Industry Growth12.9%
Revenue growth rate7.7%
Return on equity13.2%
Net Margin27.2%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How SMC makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:SMC N Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 23824,772224,609162,9580
31 Dec 22812,434227,738158,5880
30 Sep 22790,235235,776150,0720
30 Jun 22755,982222,431141,9020
31 Mar 22727,397192,991135,9930
31 Dec 21702,725183,322131,0360
30 Sep 21658,876165,778123,5480
30 Jun 21606,900144,545117,9410
31 Mar 21552,178121,790112,4960
31 Dec 20521,956105,331109,1230
30 Sep 20513,523103,178110,2060
30 Jun 20518,797106,673110,8490
31 Mar 20526,000110,500113,5970
31 Dec 19528,686104,631113,8590
30 Sep 19538,956108,220114,5090
30 Jun 19555,061115,829116,3310
31 Mar 19576,948130,631116,6400
31 Dec 18596,206131,534116,1330
30 Sep 18602,124138,877115,1500
30 Jun 18601,490142,515113,6770
31 Mar 18591,035136,869112,2260
31 Dec 17575,650138,681111,6080
30 Sep 17549,137141,247108,7510
30 Jun 17516,595124,435104,8200
31 Mar 17487,625113,095102,0410
31 Dec 16467,343101,926100,1220
30 Sep 16462,58284,076100,1880
30 Jun 16468,78286,307102,5730
31 Mar 16475,60892,138103,1470
31 Dec 15477,982103,551103,3790
30 Sep 15478,334110,662102,4870
30 Jun 15471,307115,66198,6640
31 Mar 15458,081109,58395,8160
31 Dec 14442,082103,73291,5130
30 Sep 14424,12096,28187,7610
30 Jun 14409,84986,41684,9100
31 Mar 14395,30486,31182,3560
31 Dec 13376,60884,36378,9870
30 Sep 13354,79577,59474,9020
30 Jun 13334,48172,00569,6670
31 Mar 13323,13564,27065,6560
31 Dec 12330,09061,98566,9610
30 Sep 12330,01855,72466,7060
30 Jun 12336,24356,39568,3030

Quality Earnings: SMC N has a high level of non-cash earnings.

Growing Profit Margin: SMC N's current net profit margins (27.2%) are higher than last year (26.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SMC N's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: SMC N's earnings growth over the past year (16.4%) exceeds its 5-year average (14.3% per year).

Earnings vs Industry: SMC N earnings growth over the past year (16.4%) exceeded the Machinery industry -3.8%.


Return on Equity

High ROE: SMC N's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/13 10:06
End of Day Share Price 2023/03/16 00:00
Earnings2023/03/31
Annual Earnings2023/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SMC Corporation is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tsutomu KijimaBarclays
Christopher CintaveyBNP Paribas Securities (Asia)
Kenjin HottaBofA Global Research