Feng Tay Enterprises Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

As you might know, Feng Tay Enterprises Co., Ltd. (TWSE:9910) last week released its latest quarterly, and things did not turn out so great for shareholders. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at NT$23b, statutory earnings missed forecasts by an incredible 23%, coming in at just NT$1.45 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Feng Tay Enterprises

Taking into account the latest results, the most recent consensus for Feng Tay Enterprises from twelve analysts is for revenues of NT$96.2b in 2025. If met, it would imply a notable 9.1% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 23% to NT$6.99. In the lead-up to this report, the analysts had been modelling revenues of NT$96.7b and earnings per share (EPS) of NT$7.06 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.

The analysts reconfirmed their price target of NT$154, showing that the business is executing well and in line with expectations. 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. Currently, the most bullish analyst values Feng Tay Enterprises at NT$215 per share, while the most bearish prices it at NT$115. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Feng Tay Enterprises' growth to accelerate, with the forecast 7.2% annualised growth to the end of 2025 ranking favourably alongside historical growth of 5.8% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 11% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, Feng Tay Enterprises is expected to grow slower 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, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Feng Tay Enterprises' revenue is expected to perform worse than the wider industry. The consensus price target held steady at NT$154, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Feng Tay Enterprises. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Feng Tay Enterprises analysts - going out to 2026, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 1 warning sign for Feng Tay Enterprises that you should be aware of.

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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.