Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$149.2b

Elite Material Future Growth

Future criteria checks 3/6

Elite Material is forecast to grow earnings and revenue by 11% and 12.7% per annum respectively. EPS is expected to grow by 11.4% per annum. Return on equity is forecast to be 29.3% in 3 years.

Key information

11.0%

Earnings growth rate

11.4%

EPS growth rate

Electronic earnings growth23.2%
Revenue growth rate12.7%
Future return on equity29.3%
Analyst coverage

Good

Last updated20 Aug 2024

Recent future growth updates

Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

May 04
Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

Recent updates

Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)

Jul 11
Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)

Is Now The Time To Look At Buying Elite Material Co., Ltd. (TWSE:2383)?

Jun 26
Is Now The Time To Look At Buying Elite Material Co., Ltd. (TWSE:2383)?

Not Many Are Piling Into Elite Material Co., Ltd. (TWSE:2383) Just Yet

Jun 03
Not Many Are Piling Into Elite Material Co., Ltd. (TWSE:2383) Just Yet

These 4 Measures Indicate That Elite Material (TWSE:2383) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Elite Material (TWSE:2383) Is Using Debt Reasonably Well

Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

May 04
Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?

Apr 26
Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?

Are Investors Undervaluing Elite Material Co., Ltd. (TWSE:2383) By 28%?

Apr 02
Are Investors Undervaluing Elite Material Co., Ltd. (TWSE:2383) By 28%?

At NT$421, Is Elite Material Co., Ltd. (TWSE:2383) Worth Looking At Closely?

Mar 22
At NT$421, Is Elite Material Co., Ltd. (TWSE:2383) Worth Looking At Closely?

Investors Appear Satisfied With Elite Material Co., Ltd.'s (TWSE:2383) Prospects As Shares Rocket 26%

Feb 26
Investors Appear Satisfied With Elite Material Co., Ltd.'s (TWSE:2383) Prospects As Shares Rocket 26%

Elite Material Co., Ltd. (TPE:2383) Shares Could Be 23% Below Their Intrinsic Value Estimate

Apr 28
Elite Material Co., Ltd. (TPE:2383) Shares Could Be 23% Below Their Intrinsic Value Estimate

Here's Why We Think Elite Material (TPE:2383) Is Well Worth Watching

Apr 04
Here's Why We Think Elite Material (TPE:2383) Is Well Worth Watching

Is Elite Material Co., Ltd. (TPE:2383) A Smart Pick For Income Investors?

Mar 23
Is Elite Material Co., Ltd. (TPE:2383) A Smart Pick For Income Investors?

Elite Material Co., Ltd.'s (TPE:2383) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Mar 11
Elite Material Co., Ltd.'s (TPE:2383) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Why Elite Material Co., Ltd. (TPE:2383) Could Be Worth Watching

Feb 27
Why Elite Material Co., Ltd. (TPE:2383) Could Be Worth Watching

A Look Into Elite Material's (TPE:2383) Impressive Returns On Capital

Feb 14
A Look Into Elite Material's (TPE:2383) Impressive Returns On Capital

Elite Material (TPE:2383) Seems To Use Debt Rather Sparingly

Feb 01
Elite Material (TPE:2383) Seems To Use Debt Rather Sparingly

Earnings and Revenue Growth Forecasts

TWSE:2383 - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202674,72011,3849,27912,8877
12/31/202566,20310,2428,26012,42612
12/31/202461,1539,6262,92410,99111
6/30/202453,1088,4223004,191N/A
3/31/202446,8406,987-1,0912,596N/A
12/31/202341,2965,488-4082,890N/A
9/30/202337,3024,8612,0935,696N/A
6/30/202335,3104,1462,9516,666N/A
3/31/202336,1134,2291,9717,795N/A
12/31/202238,6735,0739547,498N/A
9/30/202239,9465,204-1,9665,897N/A
6/30/202240,8405,687-6565,126N/A
3/31/202240,4155,8549094,611N/A
12/31/202138,5005,4931,5074,022N/A
9/30/202135,8554,9793,4063,803N/A
6/30/202132,5534,3102,4254,419N/A
3/31/202129,2963,9202,1293,481N/A
12/31/202027,2013,6892,2743,517N/A
9/30/202026,4643,8491,9033,057N/A
6/30/202025,9653,6861,4932,878N/A
3/31/202025,7033,4982,0743,399N/A
12/31/201924,8663,2411,3292,466N/A
9/30/201923,4892,5319441,949N/A
6/30/201922,9732,2231,0081,817N/A
3/31/201922,6501,9518101,634N/A
12/31/201822,8911,7511,3342,087N/A
9/30/201823,2081,8921,8682,604N/A
6/30/201822,8902,0122,2572,878N/A
3/31/201823,1562,346N/A2,816N/A
12/31/201723,6102,791N/A3,060N/A
9/30/201723,7673,017N/A3,205N/A
6/30/201723,7293,071N/A3,084N/A
3/31/201723,0152,934N/A2,912N/A
12/31/201622,0702,770N/A2,601N/A
9/30/201621,2182,574N/A2,615N/A
6/30/201621,1232,520N/A2,984N/A
3/31/201620,7282,403N/A3,546N/A
12/31/201520,8702,389N/A3,575N/A
9/30/201521,0852,329N/A2,839N/A
6/30/201520,1722,015N/A2,657N/A
3/31/201519,6581,833N/A1,887N/A
12/31/201418,8851,539N/A1,976N/A
9/30/201417,7501,185N/A2,236N/A
6/30/201417,1611,000N/A1,641N/A
3/31/201416,922896N/A1,641N/A
12/31/201316,873836N/A1,247N/A
9/30/201316,857891N/A1,001N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2383's forecast earnings growth (11% per year) is above the savings rate (1%).

Earnings vs Market: 2383's earnings (11% per year) are forecast to grow slower than the TW market (18.8% per year).

High Growth Earnings: 2383's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2383's revenue (12.7% per year) is forecast to grow faster than the TW market (11.9% per year).

High Growth Revenue: 2383's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2383's Return on Equity is forecast to be high in 3 years time (29.3%)


Discover growth companies