Phison Electronics Future Growth

Future criteria checks 5/6

Phison Electronics is forecast to grow earnings and revenue by 34.5% and 19.6% per annum respectively. EPS is expected to grow by 30.3% per annum. Return on equity is forecast to be 20.7% in 3 years.

Key information

34.5%

Earnings growth rate

30.3%

EPS growth rate

Semiconductor earnings growth	19.1%
Revenue growth rate	19.6%
Future return on equity	20.7%
Analyst coverage	Good
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

Shareholders Of Phison Electronics (GTSM:8299) Must Be Happy With Their 72% Return

Dec 16

Phison Electronics Corp.'s (GTSM:8299) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 25

Earnings and Revenue Growth Forecasts

TPEX:8299 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	78,877	N/A	N/A	N/A	1
12/31/2025	79,047	8,436	10,215	7,499	7
12/31/2024	71,848	8,848	861	3,596	3
12/31/2023	48,222	3,624	-2,465	-1,696	N/A
9/30/2023	44,764	1,758	1,963	2,936	N/A
6/30/2023	46,950	2,092	2,807	3,963	N/A
3/31/2023	53,229	3,458	4,248	5,616	N/A
12/31/2022	60,256	5,401	1,611	3,591	N/A
9/30/2022	64,799	6,996	3,648	6,259	N/A
6/30/2022	67,151	8,188	305	3,098	N/A
3/31/2022	66,775	8,645	-3,356	-292	N/A
12/31/2021	62,557	8,147	2,434	5,097	N/A
9/30/2021	58,565	10,119	-839	1,376	N/A
6/30/2021	53,573	9,569	1,911	3,777	N/A
3/31/2021	48,518	8,489	3,620	5,171	N/A
12/31/2020	48,497	8,699	5,244	6,602	N/A
9/30/2020	48,829	6,166	4,087	5,254	N/A
6/30/2020	49,289	5,964	2,365	3,676	N/A
3/31/2020	48,217	5,560	-1,367	-421	N/A
12/31/2019	44,693	4,543	-1,010	-200	N/A
9/30/2019	41,643	4,089	-123	530	N/A
6/30/2019	40,286	3,861	1,363	1,867	N/A
3/31/2019	40,832	4,318	2,975	3,517	N/A
12/31/2018	40,788	4,318	4,706	5,213	N/A
9/30/2018	41,308	4,811	4,815	5,219	N/A
6/30/2018	41,445	5,007	4,935	5,341	N/A
3/31/2018	41,608	5,362	6,068	6,537	N/A
12/31/2017	41,865	5,761	3,145	3,872	N/A
9/30/2017	42,304	5,948	N/A	5,687	N/A
6/30/2017	43,468	5,849	N/A	6,252	N/A
3/31/2017	43,432	5,218	N/A	6,561	N/A
12/31/2016	43,783	4,867	N/A	4,952	N/A
9/30/2016	43,056	4,427	N/A	4,614	N/A
6/30/2016	40,908	4,110	N/A	2,308	N/A
3/31/2016	38,866	4,064	N/A	1,832	N/A
12/31/2015	37,409	4,000	N/A	4,343	N/A
9/30/2015	36,005	3,733	N/A	2,034	N/A
6/30/2015	34,236	3,444	N/A	1,579	N/A
3/31/2015	33,748	3,317	N/A	1,274	N/A
12/31/2014	32,820	3,201	N/A	1,186	N/A
9/30/2014	32,146	3,183	N/A	2,028	N/A
6/30/2014	31,887	3,144	N/A	1,497	N/A
3/31/2014	31,827	3,173	N/A	1,782	N/A
12/31/2013	31,397	3,171	N/A	1,736	N/A
9/30/2013	30,012	3,017	N/A	769	N/A
6/30/2013	30,547	2,985	N/A	2,706	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8299's forecast earnings growth (34.5% per year) is above the savings rate (1%).

Earnings vs Market: 8299's earnings (34.5% per year) are forecast to grow faster than the TW market (19.7% per year).

High Growth Earnings: 8299's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8299's revenue (19.6% per year) is forecast to grow faster than the TW market (10.6% per year).

High Growth Revenue: 8299's revenue (19.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8299's Return on Equity is forecast to be high in 3 years time (20.7%)

Phison Electronics Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 13%

Price target increased by 7.6% to NT$638

Price target increased by 7.3% to NT$593

Price target increased by 7.5% to NT$514

Consensus EPS estimates increase by 12%

Price target increased by 12% to NT$367

Recent updates

New minor risk - Share price stability

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates increase by 13%

Price target increased by 7.6% to NT$638

Phison Electronics Corp., Annual General Meeting, May 27, 2024

Price target increased by 7.3% to NT$593

Phison Electronics Announces Launch of Specialized SSD Storage Solutions for Video and Surveillance Systems, Including Mid-High-Range S12DI and Cost-Effective S17T SSD Solutions

Phison Electronics Corp. Launches Full Range of UFS Storage Solutions for Unparalleled Mobile Storage Performance

Upcoming dividend of NT$4.42 per share at 1.7% yield

Phison Electronics Corp. Announces Cash Dividend for the First Half of 2023, Payable on January 19, 2024

New minor risk - Earnings quality

Price target increased by 7.5% to NT$514

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Phison Electronics Corp. Announces Resignation of Chee Kong Aw Yong as a Director

Consensus EPS estimates increase by 12%

Phison Electronics Corp. Introduces New High-Speed Signal Conditioner IC Products, Expanding its PCIe 5.0 Ecosystem for AI-Era Data Centers

Phison Electronics Corp. Announces A Technology Demonstration of Unique Customer-Based Solutions Fully Realized Through the IMAGIN+ Customization Service At Flash Memory Summit 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Phison Electronics Corp. Announces President Changes

Phison Electronics, Inc. Launches Proprietary Ai Service Solutions Expanding Nand Storages in the Ai Applications

Phison Electronics Corp. Announces Remuneration Committee Changes

Upcoming dividend of NT$4.45 per share at 3.5% yield

First quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Phison Announces Adjustment of Cash Dividend Rate for Shareholders in the Second Half of 2022

Phison Electronics Showcases Pioneering Storage Solutions and High-Speed Transmission at Computex 2023

Price target increased by 12% to NT$367

Phison Electronics Corp. Demonstrates Latest Pcie Gen5 Innovation, E26 Ssd Controller with I/O+ Technology and Signal Enhancing Redriver to Ignite Success for Pcie Gen5.0 and Cxl 2.0

Price target decreased to NT$323

Upcoming dividend of NT$10.28 per share

Less than half of directors are independent

Phison Electronics Corp. Announces Common Stock Cash Dividend for the First Half of 2022, Payable on January 6, 2023

Third quarter 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 14%

Phison Electronics Corp. Debuts the X1 to Provide the Industry’S Most Advanced Enterprise Ssd Solution

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Phison Electronics Corp. Approves Distribution for the Six Months Ended June 30, 2022

Price target decreased to NT$456

Upcoming dividend of NT$13.00 per share

Phison Announces Customizable PCIe Gen4x4 Enterprise SSDs in M.2 2280 and 22110 Form Factors Powered by E18DC PCIe Gen4x4 NVMe Controller

Phison Electronics Corp. Approves Cash Dividend Distribution, Payable on July 29, 2022

Phison Electronics Corp. Approves Cash Dividend Distribution, Payable on July 29, 2022

Phison Electronics Corp. Announces Successful Deployment of the PCI-SIG Certified PCIe 5.0 Redriver IC PS7101

Price target decreased to NT$551

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Full year 2021 earnings: EPS misses analyst expectations

Phison Electronics Corp. Announces Cash Dividends for the Six Months Ended December 31, 2021

Price target increased to NT$584

Phison Electronics Corp. Announces its SD Express Storage Solution is the First Product to Pass the SD Association’s SD Express/UHS-II Verification Program

Phison Electronics Corp. (TPEX:8299) acquired remaining 501% stake in Nextorage Corporation from Sony Storage Media Solutions Corporation.

Upcoming dividend of NT$10.00 per share

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$12.10 (vs NT$9.31 in 3Q 2020)

Phison Electronics Corp. Is Enabling Custom PCIe Gen 5 SSDs to Ship in 2022

Price target decreased to NT$554

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS NT$11.49 (vs NT$6.00 in 2Q 2020)

Upcoming dividend of NT$23.00 per share

Phison Electronics Corp. Announces New Phison E18 Flash Controller for 176-Layer NAND Now Commercially Available

Investor sentiment deteriorated over the past week

Price target increased to NT$583

First quarter 2021 earnings released: EPS NT$8.56 (vs NT$9.63 in 1Q 2020)

Investor sentiment improved over the past week

Phison Electronics Corp. Provides Earnings Guidance for the First and Second Quarter of 2021

Phison Electronics Corp. announced a financing transaction

Full year 2020 earnings released: EPS NT$44.14 (vs NT$23.06 in FY 2019)

Revenue and earnings miss expectations

How Much Of Phison Electronics Corp. (GTSM:8299) Do Insiders Own?

Phison Electronics Corp. to Ship the New PCIe SD Express Card (SD 7.0)