Lite-On Technology Future Growth

Future criteria checks 1/6

Lite-On Technology is forecast to grow earnings and revenue by 8.6% and 4% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 16.2% in 3 years.

Key information

8.6%

Earnings growth rate

7.9%

EPS growth rate

Tech earnings growth	22.2%
Revenue growth rate	4.0%
Future return on equity	16.2%
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

Lite-On Technology (TWSE:2301) Is Looking To Continue Growing Its Returns On Capital

Apr 22

Here's Why We Think Lite-On Technology (TWSE:2301) Might Deserve Your Attention Today

Feb 27

Key Things To Consider Before Buying Lite-On Technology Corporation (TPE:2301) For Its Dividend

Apr 11

We Think Lite-On Technology's (TPE:2301) Statutory Profit Might Understate Its Earnings Potential

Feb 06

Shareholders Of Lite-On Technology (TPE:2301) Must Be Happy With Their 110% Total Return

Jan 25

Investors Don't See Light At End Of Lite-On Technology Corporation's (TPE:2301) Tunnel

Jan 15

Lite-On Technology Corporation's (TPE:2301) Stock Is Going Strong: Is the Market Following Fundamentals?

Jan 04

Could Lite-On Technology Corporation (TPE:2301) Have The Makings Of Another Dividend Aristocrat?

Dec 14

Calculating The Fair Value Of Lite-On Technology Corporation (TPE:2301)

Dec 04

Lite-On Technology (TPE:2301) Could Easily Take On More Debt

Nov 23

Earnings and Revenue Growth Forecasts

TWSE:2301 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	153,967	16,154	18,455	22,460	2
12/31/2025	167,331	18,056	16,396	22,149	7
12/31/2024	146,834	14,848	15,118	20,018	7
12/31/2023	148,333	14,571	23,457	27,266	N/A
9/30/2023	154,519	14,958	26,215	29,795	N/A
6/30/2023	160,736	14,640	26,771	30,336	N/A
3/31/2023	166,400	14,400	22,281	26,456	N/A
12/31/2022	173,456	14,151	20,746	25,157	N/A
9/30/2022	174,931	12,813	11,509	16,042	N/A
6/30/2022	170,620	11,653	8,892	13,378	N/A
3/31/2022	168,340	11,727	7,237	11,362	N/A
12/31/2021	164,828	13,887	8,242	12,160	N/A
9/30/2021	161,695	13,385	11,619	15,692	N/A
6/30/2021	161,157	13,296	15,716	19,134	N/A
3/31/2021	162,276	12,707	15,994	19,582	N/A
12/31/2020	157,134	10,016	14,071	17,563	N/A
9/30/2020	159,853	10,415	15,031	18,423	N/A
6/30/2020	166,685	10,533	13,145	17,126	N/A
3/31/2020	169,357	9,483	14,925	19,344	N/A
12/31/2019	177,954	9,375	14,309	19,762	N/A
9/30/2019	184,269	9,489	10,447	16,278	N/A
6/30/2019	189,508	9,019	13,595	19,350	N/A
3/31/2019	199,748	8,380	11,938	17,715	N/A
12/31/2018	207,109	7,957	8,089	13,484	N/A
9/30/2018	210,799	7,734	8,139	13,189	N/A
6/30/2018	213,394	1,676	694	5,758	N/A
3/31/2018	211,746	1,688	3,359	7,913	N/A
12/31/2017	214,564	2,629	6,737	11,153	N/A
9/30/2017	223,667	2,923	N/A	13,177	N/A
6/30/2017	230,353	9,516	N/A	17,062	N/A
3/31/2017	231,081	9,691	N/A	16,668	N/A
12/31/2016	229,572	9,416	N/A	14,513	N/A
9/30/2016	224,054	9,333	N/A	17,112	N/A
6/30/2016	217,373	7,797	N/A	15,386	N/A
3/31/2016	215,230	7,285	N/A	17,551	N/A
12/31/2015	216,929	7,223	N/A	15,552	N/A
9/30/2015	219,231	6,167	N/A	15,607	N/A
6/30/2015	223,843	6,078	N/A	18,409	N/A
3/31/2015	230,430	6,679	N/A	13,622	N/A
12/31/2014	230,632	6,461	N/A	14,131	N/A
9/30/2014	229,943	7,528	N/A	19,047	N/A
6/30/2014	226,413	8,397	N/A	12,760	N/A
3/31/2014	218,188	8,606	N/A	18,821	N/A
12/31/2013	213,214	8,755	N/A	20,688	N/A
9/30/2013	206,752	8,553	N/A	15,625	N/A
6/30/2013	205,144	8,114	N/A	16,039	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2301's forecast earnings growth (8.6% per year) is above the savings rate (1%).

Earnings vs Market: 2301's earnings (8.6% per year) are forecast to grow slower than the TW market (19.7% per year).

High Growth Earnings: 2301's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2301's revenue (4% per year) is forecast to grow slower than the TW market (10.5% per year).

High Growth Revenue: 2301's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2301's Return on Equity is forecast to be low in 3 years time (16.2%).

Lite-On Technology Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 13% to NT$156

Consensus EPS estimates increase by 20%

Price target increased by 11% to NT$105

Price target increased by 12% to NT$94.66

Price target increased by 11% to NT$89.06

Lite-On Technology Corporation Provides Sales Guidance for the Year 2023

Recent updates

Lite-On Technology Corporation to Report Q1, 2024 Results on Apr 30, 2024

Lite-On Technology (TWSE:2301) Is Looking To Continue Growing Its Returns On Capital

Now 22% overvalued

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of NT$2.51 per share

Final dividend of NT$2.50 announced

Lite-On Technology Corporation Announces Cash Dividend, Payable on April 25, 2024

Full year 2023 earnings released: EPS: NT$6.36 (vs NT$6.19 in FY 2022)

Lite-On Technology Corporation, Annual General Meeting, May 27, 2024

Here's Why We Think Lite-On Technology (TWSE:2301) Might Deserve Your Attention Today

Lite-On Technology Corporation announced that it expects to receive TWD 10 billion in funding

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 13% to NT$156

LITEON Launches Revolutionary Liquid Cooling Solutions through Its New Brand-COOLITE, at OCP Global Summit San Jose 2023

LITEON Launches Revolutionary Liquid Cooling Solutions through Its New Brand-COOLITE, at OCP Global Summit San Jose 2023

Upcoming dividend of NT$2.00 per share at 3.2% yield

Consensus EPS estimates increase by 20%

Lite-On Technology Corporation Announces Cash Dividend for the Second Quarter of 2023, Payable on September 8, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Price target increased by 11% to NT$105

Investor sentiment improves as stock rises 20%

Price target increased by 12% to NT$94.66

Price target increased by 11% to NT$89.06

Investor sentiment improves as stock rises 18%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of NT$3.00 per share at 6.1% yield

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Lite-On Technology Corporation Announces Financial Officer and Accounting Officer Changes

Insufficient new directors

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Lite-On Technology Corporation Provides Sales Guidance for the Year 2023

Upcoming dividend of NT$1.50 per share

Insufficient new directors

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

Insufficient new directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of NT$2.50 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Lite-On Technology Corporation Approves Cash Dividend

Lite-On Technology Corporation, Annual General Meeting, May 20, 2022

Third quarter 2021 earnings released: EPS NT$1.33 (vs NT$1.29 in 3Q 2020)

Upcoming dividend of NT$2.00 per share

Second quarter 2021 earnings released: EPS NT$1.74 (vs NT$1.48 in 2Q 2020)

Upcoming dividend of NT$3.40 per share

Price target increased to NT$69.78

First quarter 2021 earnings released: EPS NT$1.83 (vs NT$0.68 in 1Q 2020)

Key Things To Consider Before Buying Lite-On Technology Corporation (TPE:2301) For Its Dividend

Lite-On Technology (TPE:2301) Is Experiencing Growth In Returns On Capital

Estimating The Fair Value Of Lite-On Technology Corporation (TPE:2301)

Lite-On Technology (TPE:2301) Seems To Use Debt Rather Sparingly

Price target raised to NT$63.94

Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.03 in FY 2019)

Revenue beats expectations, earnings disappoint

Lite-On Technology Corporation, Annual General Meeting, May 31, 2021

Here's Why I Think Lite-On Technology (TPE:2301) Is An Interesting Stock

New 90-day high: NT$58.40

We Think Lite-On Technology's (TPE:2301) Statutory Profit Might Understate Its Earnings Potential

Shareholders Of Lite-On Technology (TPE:2301) Must Be Happy With Their 110% Total Return

New 90-day high: NT$54.40

Investors Don't See Light At End Of Lite-On Technology Corporation's (TPE:2301) Tunnel

Lite-On Technology Corporation's (TPE:2301) Stock Is Going Strong: Is the Market Following Fundamentals?

New 90-day high: NT$49.90

Could Lite-On Technology Corporation (TPE:2301) Have The Makings Of Another Dividend Aristocrat?

New 90-day high: NT$49.40

Calculating The Fair Value Of Lite-On Technology Corporation (TPE:2301)

Lite-On Technology Corporation Announces Cancellation of Admission of Global Depositary Receipts

Lite-On Technology (TPE:2301) Could Easily Take On More Debt

Third-quarter earnings released: Revenue and earnings miss expectations

Third quarter earnings released