Macronix International Future Growth

Future criteria checks 4/6

Macronix International is forecast to grow earnings and revenue by 152.6% and 16.8% per annum respectively. EPS is expected to grow by 155.6% per annum. Return on equity is forecast to be 1% in 3 years.

Key information

152.6%

Earnings growth rate

155.6%

EPS growth rate

Semiconductor earnings growth	20.3%
Revenue growth rate	16.8%
Future return on equity	1.0%
Analyst coverage	Low
Last updated	02 Aug 2024

Recent future growth updates

Macronix International Co., Ltd. (TWSE:2337) Analysts Are Pretty Bullish On The Stock After Recent Results

Aug 04

Recent updates

Macronix International Co., Ltd. (TWSE:2337) Analysts Are Pretty Bullish On The Stock After Recent Results

Aug 04

Is Macronix International (TWSE:2337) A Risky Investment?

Jul 19

Macronix International's (TWSE:2337) Dividend Will Be Reduced To NT$0.50

Jun 13

Macronix International Co., Ltd.'s (TWSE:2337) Business And Shares Still Trailing The Industry

Jun 04

Is Macronix International Co., Ltd. (TPE:2337) The Right Choice For A Smart Dividend Investor?

Apr 11

Does Macronix International (TPE:2337) Have A Healthy Balance Sheet?

Mar 22

Will Macronix International's (TPE:2337) Growth In ROCE Persist?

Mar 06

Did You Participate In Any Of Macronix International's (TPE:2337) Incredible 588% Return?

Feb 19

Why Macronix International Co., Ltd. (TPE:2337) Could Be Worth Watching

Feb 06

Is Macronix International Co., Ltd.'s (TPE:2337) Latest Stock Performance A Reflection Of Its Financial Health?

Jan 24

Key Things To Watch Out For If You Are After Macronix International Co., Ltd.'s (TPE:2337) 3.0% Dividend

Jan 11

Is Macronix International Co., Ltd. (TPE:2337) Trading At A 41% Discount?

Dec 28

Does Macronix International (TPE:2337) Have A Healthy Balance Sheet?

Dec 16

Earnings and Revenue Growth Forecasts

TWSE:2337 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	36,165	N/A	N/A	N/A	1
12/31/2025	34,196	1,439	397	10,223	5
12/31/2024	28,034	-1,275	1,258	-413	5
6/30/2024	25,307	-2,781	-6,681	-784	N/A
3/31/2024	26,280	-2,424	-7,957	-1,355	N/A
12/31/2023	27,624	-1,700	-8,208	-526	N/A
9/30/2023	30,894	-87	-7,396	1,475	N/A
6/30/2023	35,082	2,821	-6,431	3,784	N/A
3/31/2023	38,993	5,685	-2,258	8,380	N/A
12/31/2022	43,487	8,970	1,692	11,656	N/A
9/30/2022	48,955	12,056	6,152	15,944	N/A
6/30/2022	52,457	14,986	10,261	18,201	N/A
3/31/2022	52,544	13,976	10,628	16,962	N/A
12/31/2021	50,573	11,963	11,326	16,116	N/A
9/30/2021	46,185	9,427	9,302	13,311	N/A
6/30/2021	42,168	5,615	5,193	10,580	N/A
3/31/2021	40,013	5,020	4,222	9,984	N/A
12/31/2020	39,801	5,326	3,775	9,855	N/A
9/30/2020	39,224	4,924	2,592	8,634	N/A
6/30/2020	40,174	5,159	326	8,038	N/A
3/31/2020	38,382	4,092	-4,865	6,170	N/A
12/31/2019	34,995	3,012	-8,245	4,543	N/A
9/30/2019	34,396	5,126	-6,422	5,806	N/A
6/30/2019	32,520	5,189	-3,390	5,977	N/A
3/31/2019	33,921	7,253	2,224	8,213	N/A
12/31/2018	36,953	8,993	5,204	10,093	N/A
9/30/2018	38,528	8,701	5,174	9,781	N/A
6/30/2018	38,965	8,908	6,808	10,691	N/A
3/31/2018	36,648	7,197	N/A	8,677	N/A
12/31/2017	34,197	5,518	N/A	7,034	N/A
9/30/2017	30,406	3,645	N/A	6,054	N/A
6/30/2017	27,030	2,155	N/A	5,297	N/A
3/31/2017	25,649	849	N/A	5,420	N/A
12/31/2016	24,125	-243	N/A	5,421	N/A
9/30/2016	22,958	-2,609	N/A	4,157	N/A
6/30/2016	21,514	-4,191	N/A	3,297	N/A
3/31/2016	21,308	-4,723	N/A	2,341	N/A
12/31/2015	20,928	-4,188	N/A	1,703	N/A
9/30/2015	21,289	-4,814	N/A	1,739	N/A
6/30/2015	22,333	-4,960	N/A	1,247	N/A
3/31/2015	22,330	-5,534	N/A	1,001	N/A
12/31/2014	22,414	-6,454	N/A	293	N/A
9/30/2014	22,314	-5,665	N/A	72	N/A
6/30/2014	22,331	-5,466	N/A	-95	N/A
3/31/2014	22,590	-5,511	N/A	-93	N/A
12/31/2013	22,204	-6,306	N/A	-580	N/A
9/30/2013	22,183	-6,580	N/A	-405	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2337 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: 2337 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2337 is expected to become profitable in the next 3 years.

Revenue vs Market: 2337's revenue (16.8% per year) is forecast to grow faster than the TW market (11.6% per year).

High Growth Revenue: 2337's revenue (16.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2337's Return on Equity is forecast to be low in 3 years time (1%).

Macronix International Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Macronix International Co., Ltd. (TWSE:2337) Analysts Are Pretty Bullish On The Stock After Recent Results

Consensus EPS estimates upgraded to NT$1.21 loss

Consensus EPS estimates fall by 27%

Consensus EPS estimates have been downgraded.

Price target decreased by 7.9% to NT$32.17

Consensus EPS estimates have been downgraded.

Recent updates

Macronix International Co., Ltd. (TWSE:2337) Analysts Are Pretty Bullish On The Stock After Recent Results

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates upgraded to NT$1.21 loss

Macronix International Co., Ltd. Announces Nomination Committee Changes

Is Macronix International (TWSE:2337) A Risky Investment?

Macronix International Co., Ltd. to Report Q2, 2024 Results on Jul 30, 2024

Macronix International's (TWSE:2337) Dividend Will Be Reduced To NT$0.50

Dividend of NT$0.50 announced

Macronix International Co., Ltd.'s (TWSE:2337) Business And Shares Still Trailing The Industry

Macronix International Co., Ltd. Announces the Resignation of Cheng-Wen Wu as Independent Director

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 27%

Macronix Non-Volatile Memory Solutions Showcase with Partners NXP, ST at Embedded World 2024

Macronix International Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Macronix International Co., Ltd., Annual General Meeting, May 30, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates have been downgraded.

Macronix International Co., Ltd. to Report Q4, 2023 Results on Jan 30, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.9% to NT$32.17

Consensus EPS estimates have been downgraded.

Macronix International Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023

Consensus EPS estimates fall by 27%

Consensus EPS estimates fall by 27%

New major risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: NT$0.04 (vs NT$1.59 in 2Q 2022)

Consensus EPS estimates fall by 17%

Macronix International Co., Ltd. to Report Q2, 2023 Results on Jul 25, 2023

Macronix International Co., Ltd. to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of NT$1.80 per share at 5.5% yield

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 22%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 14% to NT$36.75

Macronix International Co., Ltd. to Report Q4, 2022 Results on Feb 14, 2023

Macronix International Co., Ltd. Announces the Replacement of Chief Information Security Officer

Consensus EPS estimates fall by 14%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Macronix International Co., Ltd. Appoints Y. H. Chao as Chief Information Security Officer

Price target decreased to NT$42.52

Macronix International Announces its octaflash MX66UW1G45GXDI00

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Macronix International Co., Ltd. to Report Q2, 2022 Results on Jul 26, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.80 per share

Macronix octaflash UW Series Memory Provides High-Density Flash Solutions for NXP S32Z and S32E Real-Time Processors

Macronix International Co., Ltd. Appoints Cheng-Wen Wu to its Nomination Committee

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Macronix International Co., Ltd. to Report Q1, 2022 Results on Apr 26, 2022

Macronix International Co., Ltd. announced a financing transaction

Macronix International Co., Ltd., Annual General Meeting, May 27, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 21% undervalued

Macronix International Co., Ltd. Announces to Bring 120MHz 1.2V Serial NOR Flash Memories to Mass Production

Third quarter 2021 earnings released: EPS NT$2.94 (vs NT$0.88 in 3Q 2020)

Upcoming dividend of NT$1.20 per share

Hon Hai Precision Industry Co., Ltd. (TWSE:2317) agreed to acquire Semiconductor Manufacturing Facility in Hsinchu Science Park from Macronix International Co., Ltd. (TWSE:2337) for TWD 2.5 billion.

Consensus EPS estimates increase to NT$4.37

Second quarter 2021 earnings released: EPS NT$1.04 (vs NT$0.72 in 2Q 2020)

Investor sentiment deteriorated over the past week

Consensus revenue estimates increase to NT$47.8b

Price target increased to NT$54.05

First quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.67 in 1Q 2020)

Price target increased to NT$50.38

Is Macronix International Co., Ltd. (TPE:2337) The Right Choice For A Smart Dividend Investor?

Does Macronix International (TPE:2337) Have A Healthy Balance Sheet?

Will Macronix International's (TPE:2337) Growth In ROCE Persist?