eMemory Technology Future Growth

Future criteria checks 6/6

eMemory Technology is forecast to grow earnings and revenue by 26.8% and 22.7% per annum respectively. EPS is expected to grow by 30.7% per annum. Return on equity is forecast to be 62.1% in 3 years.

Key information

26.8%

Earnings growth rate

30.7%

EPS growth rate

Semiconductor earnings growth	19.0%
Revenue growth rate	22.7%
Future return on equity	62.1%
Analyst coverage	Low
Last updated	11 Apr 2024

Recent future growth updates

Recent updates

Read This Before Buying eMemory Technology Inc. (GTSM:3529) For Its Dividend

Mar 01

Returns On Capital - An Important Metric For eMemory Technology (GTSM:3529)

Jan 28

eMemory Technology Inc.'s (GTSM:3529) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Jan 10

What You Need To Know About eMemory Technology Inc.'s (GTSM:3529) Investor Composition

Dec 22

Investors Who Bought eMemory Technology (GTSM:3529) Shares Five Years Ago Are Now Up 63%

Dec 08

At NT$582, Is eMemory Technology Inc. (GTSM:3529) Worth Looking At Closely?

Nov 20

Earnings and Revenue Growth Forecasts

TPEX:3529 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	4,849	2,559	2,243	2,282	3
12/31/2024	3,819	2,005	1,966	2,010	5
12/31/2023	3,050	1,474	1,162	1,526	N/A
9/30/2023	3,054	1,501	1,247	1,368	N/A
6/30/2023	3,058	1,502	1,485	1,599	N/A
3/31/2023	3,157	1,559	1,579	1,690	N/A
12/31/2022	3,217	1,612	1,606	1,682	N/A
9/30/2022	2,945	1,469	1,547	1,627	N/A
6/30/2022	2,749	1,339	1,473	1,549	N/A
3/31/2022	2,494	1,174	1,374	1,413	N/A
12/31/2021	2,364	1,101	1,306	1,347	N/A
9/30/2021	2,229	1,007	1,098	1,136	N/A
6/30/2021	2,076	899	1,018	1,058	N/A
3/31/2021	1,958	824	960	1,017	N/A
12/31/2020	1,777	708	874	924	N/A
9/30/2020	1,642	644	754	780	N/A
6/30/2020	1,537	596	705	726	N/A
3/31/2020	1,430	542	588	599	N/A
12/31/2019	1,410	542	571	593	N/A
9/30/2019	1,455	576	575	618	N/A
6/30/2019	1,512	624	674	715	N/A
3/31/2019	1,497	622	686	724	N/A
12/31/2018	1,477	613	606	635	N/A
9/30/2018	1,392	567	533	575	N/A
6/30/2018	1,383	593	552	610	N/A
3/31/2018	1,413	616	642	702	N/A
12/31/2017	1,376	599	582	647	N/A
9/30/2017	1,360	613	N/A	684	N/A
6/30/2017	1,285	550	N/A	532	N/A
3/31/2017	1,233	520	N/A	527	N/A
12/31/2016	1,215	535	N/A	572	N/A
9/30/2016	1,210	531	N/A	570	N/A
6/30/2016	1,153	507	N/A	587	N/A
3/31/2016	1,153	531	N/A	532	N/A
12/31/2015	1,092	479	N/A	518	N/A
9/30/2015	1,049	452	N/A	495	N/A
6/30/2015	1,072	470	N/A	507	N/A
3/31/2015	1,017	422	N/A	487	N/A
12/31/2014	1,004	419	N/A	474	N/A
9/30/2014	976	409	N/A	479	N/A
6/30/2014	907	356	N/A	467	N/A
3/31/2014	889	349	N/A	466	N/A
12/31/2013	808	291	N/A	407	N/A
9/30/2013	733	257	N/A	353	N/A
6/30/2013	679	222	N/A	297	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3529's forecast earnings growth (26.8% per year) is above the savings rate (1%).

Earnings vs Market: 3529's earnings (26.8% per year) are forecast to grow faster than the TW market (19.7% per year).

High Growth Earnings: 3529's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3529's revenue (22.7% per year) is forecast to grow faster than the TW market (10.5% per year).

High Growth Revenue: 3529's revenue (22.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3529's Return on Equity is forecast to be very high in 3 years time (62.1%).

eMemory Technology Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target increased by 8.5% to NT$3,316

Price target increased by 8.0% to NT$2,658

Price target increased by 11% to NT$2,410

Price target increased by 11% to NT$2,410

Price target decreased by 7.4% to NT$2,165

Price target increased by 11% to NT$2,067

Recent updates

eMemory Technology Inc. to Report Q1, 2024 Results on May 02, 2024

New major risk - Share price stability

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

eMemory Technology Inc., Annual General Meeting, Jun 19, 2024

Price target increased by 8.5% to NT$3,316

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased by 8.0% to NT$2,658

Price target increased by 11% to NT$2,410

Price target increased by 11% to NT$2,410

Third quarter 2023 earnings: EPS exceeds analyst expectations

New major risk - Share price stability

eMemory Technology Inc. to Report Q3, 2023 Results on Nov 08, 2023

Price target decreased by 7.4% to NT$2,165

Price target increased by 11% to NT$2,067

Second quarter 2023 earnings released: EPS: NT$4.71 (vs NT$5.48 in 2Q 2022)

eMemory Technology Inc. Announces the Change of the Representative of the Institutional Director

Upcoming dividend of NT$20.50 per share at 0.6% yield

Consensus revenue estimates fall by 11%

Price target increased by 14% to NT$1,733

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.8% to NT$1,525

eMemory Technology Inc. Announces Change of Representative of Institutional Directors

Price target increased to NT$1,402

Less than half of directors are independent

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to NT$1,350

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$14.00 per share

Ememory Technology Inc. Appoints Michael Ho as Director in By-Election

Price target decreased to NT$1,825

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Full year 2021 earnings: EPS misses analyst expectations

eMemory Technology Inc., Annual General Meeting, Jun 15, 2022

eMemory Technology Inc. Approves Dividend Distribution for the Year Ended December 31, 2021

Third quarter 2021 earnings released: EPS NT$3.72 (vs NT$2.26 in 3Q 2020)

Price target increased to NT$1,613

Second quarter 2021 earnings released: EPS NT$3.27 (vs NT$2.28 in 2Q 2020)

Price target increased to NT$1,148

Upcoming dividend of NT$9.00 per share

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$3.93 (vs NT$2.38 in 1Q 2020)

Price target increased to NT$963

eMemory Technology Inc. Raises Revenue Guidance for the First Quarter of 2021

Read This Before Buying eMemory Technology Inc. (GTSM:3529) For Its Dividend

Full year 2020 earnings released: EPS NT$9.52 (vs NT$7.30 in FY 2019)

Revenue beats expectations, earnings disappoint

eMemory Technology Inc., Annual General Meeting, Jun 10, 2021

New 90-day high: NT$812

Returns On Capital - An Important Metric For eMemory Technology (GTSM:3529)

New 90-day high: NT$753

eMemory Technology Inc.'s (GTSM:3529) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

What You Need To Know About eMemory Technology Inc.'s (GTSM:3529) Investor Composition

New 90-day high: NT$711

Investors Who Bought eMemory Technology (GTSM:3529) Shares Five Years Ago Are Now Up 63%

At NT$582, Is eMemory Technology Inc. (GTSM:3529) Worth Looking At Closely?

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings miss expectations

New 90-day high: NT$624

Market bids up stock over the past week

New 90-day high - NT$583

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts