Alexander Marine Future Growth

Future criteria checks 2/6

Alexander Marine is forecast to grow earnings and revenue by 9.2% and 9% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 26.2% in 3 years.

Key information

9.2%

Earnings growth rate

9.2%

EPS growth rate

Leisure earnings growth	19.0%
Revenue growth rate	9.0%
Future return on equity	26.2%
Analyst coverage	Low
Last updated	04 Mar 2024

Recent future growth updates

Recent updates

With EPS Growth And More, Alexander Marine (TWSE:8478) Makes An Interesting Case

Apr 16

At NT$400, Is Alexander Marine Co., Ltd. (TWSE:8478) Worth Looking At Closely?

Apr 02

Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 07

Earnings and Revenue Growth Forecasts

TWSE:8478 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	7,573	2,497	2,336	2,366	1
12/31/2024	6,919	2,210	1,612	1,642	1
12/31/2023	6,325	2,081	480	519	N/A
9/30/2023	6,092	1,951	917	949	N/A
6/30/2023	5,670	1,941	1,672	1,697	N/A
3/31/2023	5,836	1,982	1,664	1,686	N/A
12/31/2022	5,555	1,753	2,090	2,110	N/A
9/30/2022	5,285	1,607	1,490	1,553	N/A
6/30/2022	5,105	1,371	1,575	1,657	N/A
3/31/2022	5,176	1,233	1,158	1,260	N/A
12/31/2021	4,554	855	1,404	1,532	N/A
9/30/2021	4,737	755	1,129	1,268	N/A
6/30/2021	4,548	280	716	865	N/A
3/31/2021	4,428	148	274	463	N/A
12/31/2020	4,225	94	-486	-239	N/A
9/30/2020	4,351	107	-253	39	N/A
6/30/2020	3,771	243	-251	106	N/A
3/31/2020	3,920	270	-229	62	N/A
12/31/2019	3,690	46	-192	61	N/A
9/30/2019	4,398	256	151	350	N/A
6/30/2019	4,357	262	-255	-133	N/A
3/31/2019	3,584	145	-502	-360	N/A
12/31/2018	3,959	359	-21	78	N/A
9/30/2018	3,006	79	-1,136	-1,071	N/A
6/30/2018	3,423	270	-721	-671	N/A
3/31/2018	3,564	292	-401	-370	N/A
12/31/2017	3,623	274	-1,197	-1,169	N/A
9/30/2017	3,507	389	N/A	-406	N/A
6/30/2017	2,978	289	N/A	-716	N/A
3/31/2017	3,132	451	N/A	-69	N/A
12/31/2016	2,774	542	N/A	170	N/A
9/30/2016	2,278	421	N/A	-115	N/A
6/30/2016	2,734	584	N/A	-92	N/A
3/31/2016	1,885	278	N/A	-671	N/A
12/31/2015	1,921	282	N/A	-694	N/A
9/30/2015	1,960	203	N/A	-381	N/A
6/30/2015	1,999	124	N/A	-68	N/A
3/31/2015	1,714	74	N/A	-58	N/A
12/31/2014	1,454	57	N/A	243	N/A
12/31/2013	476	34	N/A	330	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8478's forecast earnings growth (9.2% per year) is above the savings rate (1%).

Earnings vs Market: 8478's earnings (9.2% per year) are forecast to grow slower than the TW market (19.7% per year).

High Growth Earnings: 8478's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8478's revenue (9% per year) is forecast to grow slower than the TW market (10.6% per year).

High Growth Revenue: 8478's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8478's Return on Equity is forecast to be high in 3 years time (26.2%)

Alexander Marine Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 21% to NT$454

Recent updates

Alexander Marine Co., Ltd. to Report Q1, 2024 Results on May 06, 2024

With EPS Growth And More, Alexander Marine (TWSE:8478) Makes An Interesting Case

Now 20% undervalued

New minor risk - Share price stability

At NT$400, Is Alexander Marine Co., Ltd. (TWSE:8478) Worth Looking At Closely?

Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Full year 2023 earnings: EPS exceeds analyst expectations

Now 20% undervalued

Investor sentiment improves as stock rises 18%

Alexander Marine (TWSE:8478) Knows How To Allocate Capital Effectively

Alexander Marine Co., Ltd., Annual General Meeting, Jun 11, 2024

Now 20% undervalued after recent price drop

New major risk - Share price stability

New minor risk - Dividend sustainability

Price target decreased by 21% to NT$454

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 18%

Upcoming dividend of NT$10.00 per share at 1.7% yield

Investor sentiment improves as stock rises 24%

Alexander Marine Co., Ltd. Appoints Yu Chou Huang as Corporate Governance Officer

Investor sentiment deteriorates as stock falls 18%

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

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: NT$4.72 (vs NT$2.02 in 3Q 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: NT$6.15 (vs NT$4.48 in 2Q 2021)

Upcoming dividend of NT$5.00 per share

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: NT$4.40 (vs NT$0.10 in 1Q 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$2.02 (vs NT$3.27 loss in 3Q 2020)

Upcoming dividend of NT$1.02 per share

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS NT$4.48 (vs NT$2.97 in 2Q 2020)

Independent Director Neng Mou Tu has left the company

Investor sentiment improved over the past week

Director Yen Sung Chen has left the company

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.49 loss in 1Q 2020)

Does It Make Sense To Buy Alexander Marine Co., Ltd. (TPE:8478) For Its Yield?

We Think Alexander Marine (TPE:8478) Is Taking Some Risk With Its Debt

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS NT$1.04 (vs NT$0.50 in FY 2019)

Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?

New 90-day low: NT$40.10

Is Alexander Marine Co., Ltd.'s (TPE:8478) 4.5% ROE Worse Than Average?

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

New 90-day low: NT$55.00

Our View On Alexander Marine's (TPE:8478) CEO Pay

Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?

Third quarter 2020 earnings released: NT$3.27 loss per share

Upcoming Dividend of NT$0.51 Per Share

New 90-day high - NT$63.80

New 90-day high - NT$50.90

First half earnings released

New 90-day high - NT$42.20

Earnings and Revenue Growth Forecasts