Gold Circuit Electronics Future Growth

Future criteria checks 4/6

Gold Circuit Electronics is forecast to grow earnings and revenue by 19.8% and 15.3% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 29.4% in 3 years.

Key information

19.8%

Earnings growth rate

18.7%

EPS growth rate

Electronic earnings growth	23.0%
Revenue growth rate	15.3%
Future return on equity	29.4%
Analyst coverage	Good
Last updated	09 Aug 2024

Recent future growth updates

Recent updates

Shareholders Would Enjoy A Repeat Of Gold Circuit Electronics' (TWSE:2368) Recent Growth In Returns

Jun 08

Market Cool On Gold Circuit Electronics Ltd.'s (TWSE:2368) Earnings Pushing Shares 27% Lower

Apr 22

Estimating The Intrinsic Value Of Gold Circuit Electronics Ltd. (TWSE:2368)

Apr 11

Weak Statutory Earnings May Not Tell The Whole Story For Gold Circuit Electronics (TWSE:2368)

Mar 23

Is Gold Circuit Electronics (TWSE:2368) A Risky Investment?

Feb 29

I Ran A Stock Scan For Earnings Growth And Gold Circuit Electronics (TPE:2368) Passed With Ease

Apr 11

Does Gold Circuit Electronics (TPE:2368) Have A Healthy Balance Sheet?

Mar 27

Is Gold Circuit Electronics Ltd. (TPE:2368) Trading At A 40% Discount?

Mar 11

Are Strong Financial Prospects The Force That Is Driving The Momentum In Gold Circuit Electronics Ltd.'s TPE:2368) Stock?

Feb 22

Investors Who Bought Gold Circuit Electronics (TPE:2368) Shares Five Years Ago Are Now Up 517%

Feb 04

Could The Gold Circuit Electronics Ltd. (TPE:2368) Ownership Structure Tell Us Something Useful?

Jan 18

Gold Circuit Electronics (TPE:2368) Is Very Good At Capital Allocation

Dec 31

Gold Circuit Electronics (TPE:2368) Could Easily Take On More Debt

Dec 13

Gold Circuit Electronics Ltd. (TPE:2368) Shares Could Be 40% Below Their Intrinsic Value Estimate

Nov 25

Earnings and Revenue Growth Forecasts

TWSE:2368 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	52,194	8,301	2,529	4,841	5
12/31/2025	45,893	7,152	3,750	6,933	8
12/31/2024	39,765	5,968	-744	3,719	8
6/30/2024	35,423	5,019	1,787	4,524	N/A
3/31/2024	32,778	4,316	2,492	4,400	N/A
12/31/2023	30,044	3,529	3,653	5,317	N/A
9/30/2023	29,986	3,357	3,218	4,452	N/A
6/30/2023	30,348	3,544	4,017	5,386	N/A
3/31/2023	31,876	4,187	4,405	5,785	N/A
12/31/2022	32,785	4,568	3,081	4,444	N/A
9/30/2022	31,692	4,441	2,245	3,585	N/A
6/30/2022	30,138	3,878	1,749	2,852	N/A
3/31/2022	28,058	3,143	1,131	2,100	N/A
12/31/2021	26,607	2,927	1,543	2,390	N/A
9/30/2021	24,833	2,464	2,119	2,860	N/A
6/30/2021	24,209	2,253	2,524	3,295	N/A
3/31/2021	24,141	2,263	2,707	3,448	N/A
12/31/2020	23,398	2,067	2,289	2,989	N/A
9/30/2020	23,445	2,038	1,979	2,634	N/A
6/30/2020	21,790	1,560	1,098	1,668	N/A
3/31/2020	19,736	744	799	1,505	N/A
12/31/2019	18,991	130	964	1,752	N/A
9/30/2019	18,394	-171	369	1,275	N/A
6/30/2019	19,361	-15	783	1,787	N/A
3/31/2019	20,218	167	381	1,365	N/A
12/31/2018	20,596	229	-85	829	N/A
9/30/2018	20,447	193	629	1,545	N/A
6/30/2018	19,860	-188	-14	846	N/A
3/31/2018	19,524	-237	N/A	475	N/A
12/31/2017	19,166	-269	N/A	1,192	N/A
9/30/2017	19,376	-133	N/A	523	N/A
6/30/2017	19,602	121	N/A	1,044	N/A
3/31/2017	19,564	136	N/A	1,868	N/A
12/31/2016	19,196	144	N/A	1,676	N/A
9/30/2016	18,732	-21	N/A	1,858	N/A
6/30/2016	18,200	-170	N/A	1,501	N/A
3/31/2016	17,942	-324	N/A	1,571	N/A
12/31/2015	19,141	102	N/A	2,024	N/A
9/30/2015	20,461	570	N/A	1,837	N/A
6/30/2015	20,984	944	N/A	2,456	N/A
3/31/2015	21,192	1,106	N/A	1,796	N/A
12/31/2014	20,084	629	N/A	1,026	N/A
9/30/2014	18,668	-70	N/A	1,839	N/A
6/30/2014	18,218	-471	N/A	958	N/A
3/31/2014	18,037	-694	N/A	743	N/A
12/31/2013	17,747	-874	N/A	747	N/A
9/30/2013	17,186	-1,024	N/A	-403	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2368's forecast earnings growth (19.8% per year) is above the savings rate (1%).

Earnings vs Market: 2368's earnings (19.8% per year) are forecast to grow faster than the TW market (18.3% per year).

High Growth Earnings: 2368's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2368's revenue (15.3% per year) is forecast to grow faster than the TW market (11.8% per year).

High Growth Revenue: 2368's revenue (15.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2368's Return on Equity is forecast to be high in 3 years time (29.4%)

Gold Circuit Electronics Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%

Price target increased by 7.2% to NT$263

Price target increased by 8.5% to NT$238

Price target increased by 8.9% to NT$220

Price target increased by 7.1% to NT$200

Price target increased by 12% to NT$187

Recent updates

Second quarter 2024 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Gold Circuit Electronics Ltd. to Report Q2, 2024 Results on Aug 07, 2024

Upcoming dividend of NT$3.50 per share

Shareholders Would Enjoy A Repeat Of Gold Circuit Electronics' (TWSE:2368) Recent Growth In Returns

First quarter 2024 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 10%

Market Cool On Gold Circuit Electronics Ltd.'s (TWSE:2368) Earnings Pushing Shares 27% Lower

Estimating The Intrinsic Value Of Gold Circuit Electronics Ltd. (TWSE:2368)

Weak Statutory Earnings May Not Tell The Whole Story For Gold Circuit Electronics (TWSE:2368)

Full year 2023 earnings: EPS misses analyst expectations

Gold Circuit Electronics Ltd., Annual General Meeting, May 30, 2024

Investor sentiment deteriorates as stock falls 17%

Now 23% overvalued after recent price rise

Is Gold Circuit Electronics (TWSE:2368) A Risky Investment?

New major risk - Share price stability

Now 20% overvalued after recent price rise

Price target increased by 7.2% to NT$263

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 18%

Price target increased by 8.5% to NT$238

Price target increased by 8.9% to NT$220

Investor sentiment improves as stock rises 16%

New major risk - Share price stability

Price target increased by 7.1% to NT$200

Second quarter 2023 earnings: EPS exceeds analyst expectations

New minor risk - Shareholder dilution

Price target increased by 12% to NT$187

Price target increased by 8.1% to NT$155

Investor sentiment improves as stock rises 15%

Gold Circuit Electronics Ltd. Appoints Chen, Shyr-Chr as Independent Director

Price target increased by 7.9% to NT$137

Now 22% undervalued

Consensus EPS estimates fall by 17%

Investor sentiment improves as stock rises 19%

Consensus EPS estimates increase by 20%

Upcoming dividend of NT$3.50 per share at 3.7% yield

Full year 2022 earnings: EPS misses analyst expectations

Gold Circuit Electronics Ltd. Announces the Change of Chief Internal Auditor

Consensus forecasts updated

Less than half of directors are independent

Investor sentiment improved over the past week

Upcoming dividend of NT$1.00 per share

Second quarter 2022 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$2.20 per share

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Gold Circuit Electronics Ltd., Annual General Meeting, Jun 08, 2022

Price target increased to NT$88.80

Third quarter 2021 earnings released: EPS NT$1.46 (vs NT$1.07 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS NT$1.34 (vs NT$1.36 in 2Q 2020)

Upcoming dividend of NT$1.50 per share

Price target increased to NT$76.50

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$1.10 (vs NT$0.74 in 1Q 2020)

Investor sentiment deteriorated over the past week

I Ran A Stock Scan For Earnings Growth And Gold Circuit Electronics (TPE:2368) Passed With Ease

Does Gold Circuit Electronics (TPE:2368) Have A Healthy Balance Sheet?

Full year 2020 earnings released: EPS NT$3.82 (vs NT$0.24 in FY 2019)

Is Gold Circuit Electronics Ltd. (TPE:2368) Trading At A 40% Discount?

Price target raised to NT$69.50

Are Strong Financial Prospects The Force That Is Driving The Momentum In Gold Circuit Electronics Ltd.'s TPE:2368) Stock?

Investors Who Bought Gold Circuit Electronics (TPE:2368) Shares Five Years Ago Are Now Up 517%