Nien Made Enterprise Co., LTD. (TWSE:8464) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Nien Made Enterprise Co., LTD. (TWSE:8464) released its annual result to the market. The early response was not positive, with shares down 3.4% to NT$418 in the past week. It was a credible result overall, with revenues of NT$30b and statutory earnings per share of NT$23.49 both in line with analyst estimates, showing that Nien Made Enterprise is executing in line with expectations. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Nien Made Enterprise after the latest results.

View our latest analysis for Nien Made Enterprise

Taking into account the latest results, the most recent consensus for Nien Made Enterprise from seven analysts is for revenues of NT$32.7b in 2025. If met, it would imply a meaningful 11% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 3.9% to NT$24.47. Before this earnings report, the analysts had been forecasting revenues of NT$32.6b and earnings per share (EPS) of NT$24.89 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of NT$527, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Nien Made Enterprise, with the most bullish analyst valuing it at NT$620 and the most bearish at NT$450 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Nien Made Enterprise's past performance and to peers in the same industry. It's clear from the latest estimates that Nien Made Enterprise's rate of growth is expected to accelerate meaningfully, with the forecast 11% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 3.3% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.3% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Nien Made Enterprise to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at NT$527, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Nien Made Enterprise analysts - going out to 2026, and you can see them free on our platform here.

You can also see our analysis of Nien Made Enterprise's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.