Kaori Heat Treatment Future Growth

Future criteria checks 6/6

Kaori Heat Treatment is forecast to grow earnings and revenue by 51.1% and 40.9% per annum respectively. EPS is expected to grow by 50.5% per annum. Return on equity is forecast to be 34% in 3 years.

Key information

51.1%

Earnings growth rate

50.5%

EPS growth rate

Machinery earnings growth	30.4%
Revenue growth rate	40.9%
Future return on equity	34.0%
Analyst coverage	Low
Last updated	13 Dec 2024

Recent future growth updates

Earnings Beat: Kaori Heat Treatment Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 18

Recent updates

There May Be Some Bright Spots In Kaori Heat Treatment's (TWSE:8996) Earnings

Nov 19

Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) Earnings Haven't Escaped The Attention Of Investors

Oct 28

What Is Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) Share Price Doing?

Oct 02

Earnings Beat: Kaori Heat Treatment Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 18

Is Now The Time To Put Kaori Heat Treatment (TWSE:8996) On Your Watchlist?

Aug 14

What You Can Learn From Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) P/E After Its 28% Share Price Crash

Jul 29

Kaori Heat Treatment's (TWSE:8996) Returns On Capital Are Heading Higher

Jul 14

Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) 32% Jump Shows Its Popularity With Investors

May 22

If EPS Growth Is Important To You, Kaori Heat Treatment (TWSE:8996) Presents An Opportunity

Apr 30

Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$3.98

Apr 09

Kaori Heat Treatment Co., Ltd. (TWSE:8996) Analysts Just Trimmed Their Revenue Forecasts By 13%

Mar 26

Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$4.00

Mar 15

Is Kaori Heat Treatment (TWSE:8996) Using Too Much Debt?

Mar 01

Kaori Heat Treatment Co., Ltd. (TWSE:8996) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Mar 01

Is Kaori Heat Treatment (TPE:8996) Using Too Much Debt?

Apr 06

Kaori Heat Treatment Co., Ltd. (TPE:8996) Investors Should Think About This Before Buying It For Its Dividend

Feb 25

Returns On Capital At Kaori Heat Treatment (TPE:8996) Paint An Interesting Picture

Jan 28

Are Kaori Heat Treatment's (TPE:8996) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 17

Kaori Heat Treatment Co., Ltd.'s (TPE:8996) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Nov 19

Earnings and Revenue Growth Forecasts

TWSE:8996 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,229	1,682	1,355	1,257	4
12/31/2025	7,322	1,237	463	577	4
12/31/2024	4,047	641	620	847	4
9/30/2024	3,907	537	872	1,077	N/A
6/30/2024	3,845	537	792	1,078	N/A
3/31/2024	4,153	578	472	788	N/A
12/31/2023	4,326	577	327	679	N/A
9/30/2023	4,325	641	-318	39	N/A
6/30/2023	3,939	527	-474	-166	N/A
3/31/2023	3,279	381	-270	-20	N/A
12/31/2022	2,844	301	-475	-288	N/A
9/30/2022	2,526	231	-47	105	N/A
6/30/2022	2,323	186	-108	-14	N/A
3/31/2022	2,262	177	49	134	N/A
12/31/2021	2,231	149	196	296	N/A
9/30/2021	2,264	133	86	193	N/A
6/30/2021	2,146	107	81	179	N/A
3/31/2021	2,032	75	-421	124	N/A
12/31/2020	2,076	113	-525	58	N/A
9/30/2020	1,918	99	-450	113	N/A
6/30/2020	2,072	144	-302	245	N/A
3/31/2020	2,100	162	200	340	N/A
12/31/2019	2,083	158	194	284	N/A
9/30/2019	2,101	178	251	339	N/A
6/30/2019	2,060	180	234	321	N/A
3/31/2019	2,077	277	256	288	N/A
12/31/2018	1,932	230	447	477	N/A
9/30/2018	1,947	227	268	322	N/A
6/30/2018	1,805	179	N/A	509	N/A
3/31/2018	1,696	57	N/A	491	N/A
12/31/2017	1,779	56	N/A	368	N/A
9/30/2017	1,990	111	N/A	537	N/A
6/30/2017	2,241	155	N/A	487	N/A
3/31/2017	2,553	241	N/A	251	N/A
12/31/2016	2,707	311	N/A	376	N/A
9/30/2016	2,603	345	N/A	873	N/A
6/30/2016	2,481	310	N/A	371	N/A
3/31/2016	2,251	224	N/A	383	N/A
12/31/2015	2,178	185	N/A	193	N/A
9/30/2015	2,104	108	N/A	-193	N/A
6/30/2015	2,182	124	N/A	-44	N/A
3/31/2015	2,332	185	N/A	313	N/A
12/31/2014	2,335	199	N/A	315	N/A
9/30/2014	2,351	193	N/A	207	N/A
6/30/2014	2,356	186	N/A	301	N/A
3/31/2014	2,311	159	N/A	267	N/A
12/31/2013	2,324	155	N/A	246	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8996's forecast earnings growth (51.1% per year) is above the savings rate (1.1%).

Earnings vs Market: 8996's earnings (51.1% per year) are forecast to grow faster than the TW market (19.1% per year).

High Growth Earnings: 8996's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8996's revenue (40.9% per year) is forecast to grow faster than the TW market (12.2% per year).

High Growth Revenue: 8996's revenue (40.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8996's Return on Equity is forecast to be high in 3 years time (34%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 20:43
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Kaori Heat Treatment Co., Ltd. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	CL Securities Taiwan Company Limited
SW Chen	CL Securities Taiwan Company Limited
Patrick Chen	CL Securities Taiwan Company Limited

Kaori Heat Treatment Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target decreased by 11% to NT$400

Consensus EPS estimates fall by 11%

Earnings Beat: Kaori Heat Treatment Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target decreased by 9.7% to NT$500

Price target increased by 7.3% to NT$553

Consensus EPS estimates fall by 13%, revenue upgraded

Recent updates

New minor risk - Shareholder dilution

There May Be Some Bright Spots In Kaori Heat Treatment's (TWSE:8996) Earnings

Third quarter 2024 earnings: EPS exceeds analyst expectations

Price target decreased by 11% to NT$400

Consensus EPS estimates fall by 11%

Now 22% undervalued after recent price drop

Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) Earnings Haven't Escaped The Attention Of Investors

Now 22% undervalued after recent price drop

What Is Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) Share Price Doing?

Investor sentiment improves as stock rises 15%

Now 21% undervalued after recent price drop

Earnings Beat: Kaori Heat Treatment Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Is Now The Time To Put Kaori Heat Treatment (TWSE:8996) On Your Watchlist?

Price target decreased by 9.7% to NT$500

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 22%

Kaori Heat Treatment Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024

What You Can Learn From Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) P/E After Its 28% Share Price Crash

Investor sentiment deteriorates as stock falls 15%

Kaori Heat Treatment's (TWSE:8996) Returns On Capital Are Heading Higher

Now 20% undervalued

Price target increased by 7.3% to NT$553

Investor sentiment improves as stock rises 18%

Consensus EPS estimates fall by 13%, revenue upgraded

Now 21% overvalued after recent price rise

Kaori Heat Treatment Co., Ltd.'s (TWSE:8996) 32% Jump Shows Its Popularity With Investors

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 29%, revenue downgraded

Kaori Heat Treatment Co., Ltd. to Report Q1, 2024 Results on May 08, 2024

Kaori Heat Treatment Co., Ltd. to Report Q1, 2024 Results on May 08, 2024

If EPS Growth Is Important To You, Kaori Heat Treatment (TWSE:8996) Presents An Opportunity

Upcoming dividend of NT$3.98 per share

Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$3.98

Kaori Heat Treatment Co., Ltd. (TWSE:8996) Analysts Just Trimmed Their Revenue Forecasts By 13%

Consensus revenue estimates fall by 13%

Price target increased by 16% to NT$372

Investor sentiment improves as stock rises 30%

New major risk - Share price stability

Full year 2023 earnings: EPS misses analyst expectations

Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$4.00

Dividend increased to NT$4.00

Kaori Heat Treatment Co., Ltd. Announces Cash Dividend, Payable on May 16, 2024

Investor sentiment improves as stock rises 18%

Is Kaori Heat Treatment (TWSE:8996) Using Too Much Debt?

Kaori Heat Treatment Co., Ltd. (TWSE:8996) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Price target decreased by 11% to NT$321

Investor sentiment improves as stock rises 17%

Price target decreased by 12% to NT$373

Investor sentiment improves as stock rises 19%

Price target decreased by 8.4% to NT$442

Investor sentiment improves as stock rises 15%

New major risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Kaori Heat Treatment Co., Ltd. Announces Accounting Officer Changes

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates increase by 24%

Kaori Heat Treatment Co., Ltd. Announce General Manager Changes

Kaori Heat Treatment Co., Ltd. Appoints Han Hsien-Son as Honorary Chairman

Kaori Heat Treatment Co., Ltd. Announces Executive Changes

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 20%

Upcoming dividend of NT$1.50 per share at 0.6% yield

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Price target increased to NT$163

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.52 in 3Q 2021)

Investor sentiment improved over the past week