Lotes Future Growth

Future criteria checks 5/6

Lotes is forecast to grow earnings and revenue by 20.2% and 16.2% per annum respectively. EPS is expected to grow by 20% per annum. Return on equity is forecast to be 27.1% in 3 years.

Key information

20.2%

Earnings growth rate

20.0%

EPS growth rate

Electronic earnings growth	24.3%
Revenue growth rate	16.2%
Future return on equity	27.1%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Does This Valuation Of Lotes Co., Ltd (TWSE:3533) Imply Investors Are Overpaying?

Apr 22

Subdued Growth No Barrier To Lotes Co., Ltd (TWSE:3533) With Shares Advancing 26%

Mar 13

Lotes (TPE:3533) Is Investing Its Capital With Increasing Efficiency

Apr 28

Lotes (TPE:3533) Seems To Use Debt Rather Sparingly

Mar 08

Why Lotes Co., Ltd (TPE:3533) Is A Dividend Rockstar

Feb 19

Lotes (TPE:3533) Has Rewarded Shareholders With An Exceptional 434% Total Return On Their Investment

Feb 04

Does Lotes (TPE:3533) Have The DNA Of A Multi-Bagger?

Jan 20

Are Lotes Co., Ltd (TPE:3533) Investors Paying Above The Intrinsic Value?

Jan 05

Do Institutions Own Lotes Co., Ltd (TPE:3533) Shares?

Dec 23

Lotes Co., Ltd's (TPE:3533) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 10

Lotes (TPE:3533) Seems To Use Debt Rather Sparingly

Nov 27

Earnings and Revenue Growth Forecasts

TWSE:3533 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	40,525	11,798	10,568	13,226	7
12/31/2025	35,838	10,612	7,547	9,736	12
12/31/2024	30,282	8,805	6,245	9,765	2
9/30/2024	28,360	7,628	6,026	9,047	N/A
6/30/2024	26,757	7,434	6,797	9,493	N/A
3/31/2024	25,105	6,482	5,752	8,587	N/A
12/31/2023	24,483	5,593	6,437	9,133	N/A
9/30/2023	24,945	5,785	7,851	10,498	N/A
6/30/2023	25,751	5,828	5,189	10,187	N/A
3/31/2023	26,680	6,053	5,579	9,834	N/A
12/31/2022	27,099	6,256	4,025	7,733	N/A
9/30/2022	26,123	5,807	1,666	5,771	N/A
6/30/2022	24,587	4,824	1,826	3,955	N/A
3/31/2022	22,794	4,023	153	3,003	N/A
12/31/2021	21,392	3,472	-1,044	2,690	N/A
9/30/2021	20,126	3,117	-712	2,477	N/A
6/30/2021	19,022	2,963	187	2,999	N/A
3/31/2021	18,898	3,153	545	3,024	N/A
12/31/2020	17,291	2,732	1,614	3,469	N/A
9/30/2020	16,573	2,687	1,440	3,809	N/A
6/30/2020	16,099	2,655	2,311	3,357	N/A
3/31/2020	14,973	2,172	2,376	3,278	N/A
12/31/2019	15,089	2,076	2,179	3,360	N/A
9/30/2019	14,626	1,956	2,200	2,717	N/A
6/30/2019	14,177	1,710	959	2,318	N/A
3/31/2019	13,823	1,671	320	1,867	N/A
12/31/2018	13,312	1,609	158	1,508	N/A
9/30/2018	12,693	1,313	211	1,333	N/A
6/30/2018	11,886	1,174	N/A	1,641	N/A
3/31/2018	11,073	1,014	N/A	1,724	N/A
12/31/2017	10,483	956	N/A	1,026	N/A
9/30/2017	9,934	1,091	N/A	945	N/A
6/30/2017	9,484	950	N/A	722	N/A
3/31/2017	9,149	807	N/A	564	N/A
12/31/2016	8,863	690	N/A	879	N/A
9/30/2016	8,681	591	N/A	2,155	N/A
6/30/2016	8,482	685	N/A	2,154	N/A
3/31/2016	8,211	692	N/A	2,298	N/A
12/31/2015	8,197	796	N/A	2,094	N/A
9/30/2015	8,016	876	N/A	1,181	N/A
6/30/2015	7,943	873	N/A	826	N/A
3/31/2015	8,221	975	N/A	557	N/A
12/31/2014	8,304	1,078	N/A	1,524	N/A
9/30/2014	8,543	1,098	N/A	881	N/A
6/30/2014	8,526	882	N/A	1,323	N/A
3/31/2014	8,285	829	N/A	1,369	N/A
12/31/2013	8,062	725	N/A	152	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3533's forecast earnings growth (20.2% per year) is above the savings rate (1.1%).

Earnings vs Market: 3533's earnings (20.2% per year) are forecast to grow faster than the TW market (19.4% per year).

High Growth Earnings: 3533's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3533's revenue (16.2% per year) is forecast to grow faster than the TW market (12.7% per year).

High Growth Revenue: 3533's revenue (16.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3533's Return on Equity is forecast to be high in 3 years time (27.1%)

Lotes Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 7.1% to NT$1,958

Price target increased by 7.2% to NT$1,742

Price target increased by 8.2% to NT$1,699

Price target increased by 16% to NT$1,288

Price target increased by 7.9% to NT$1,104

Consensus EPS estimates increase by 14%

Recent updates

Third quarter 2024 earnings: EPS misses analyst expectations

Price target increased by 7.1% to NT$1,958

Lotes Co., Ltd to Report Q3, 2024 Results on Nov 11, 2024

Now 21% undervalued

Lotes Co., Ltd's (TWSE:3533) Price Is Out Of Tune With Earnings

Investor sentiment improves as stock rises 15%

Here's Why We Think Lotes (TWSE:3533) Is Well Worth Watching

Under The Bonnet, Lotes' (TWSE:3533) Returns Look Impressive

These 4 Measures Indicate That Lotes (TWSE:3533) Is Using Debt Safely

Upcoming dividend of NT$25.75 per share

Second quarter 2024 earnings: EPS exceeds analyst expectations

Lotes Co., Ltd to Report Q2, 2024 Results on Aug 09, 2024

Is There An Opportunity With Lotes Co., Ltd's (TWSE:3533) 28% Undervaluation?

Investor sentiment deteriorates as stock falls 16%

Now 22% undervalued

Lotes (TWSE:3533) Seems To Use Debt Quite Sensibly

First quarter 2024 earnings: EPS exceeds analyst expectations

Price target increased by 7.2% to NT$1,742

A Look Into Lotes' (TWSE:3533) Impressive Returns On Capital

Price target increased by 8.2% to NT$1,699

Lotes Co., Ltd to Report Q1, 2024 Results on May 10, 2024

Lotes Co., Ltd to Report Q1, 2024 Results on May 10, 2024

Now 29% overvalued after recent price rise

Does This Valuation Of Lotes Co., Ltd (TWSE:3533) Imply Investors Are Overpaying?

Lotes Co., Ltd, Annual General Meeting, Jun 13, 2024

Now 24% overvalued after recent price rise

Full year 2023 earnings: EPS misses analyst expectations

Subdued Growth No Barrier To Lotes Co., Ltd (TWSE:3533) With Shares Advancing 26%

Price target increased by 16% to NT$1,288

Investor sentiment improves as stock rises 19%

Price target increased by 7.9% to NT$1,104

Now 20% undervalued

Now 21% undervalued after recent price drop

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Upcoming dividend of NT$25.18 per share at 3.3% yield

Now 22% undervalued after recent price drop

New minor risk - Share price stability

First quarter 2023 earnings: EPS exceeds analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 18%

Now 21% undervalued after recent price drop

Now 20% undervalued

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Second quarter 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of NT$15.92 per share

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 14%

Price target increased to NT$916

Less than half of directors are independent

Lotes Co., Ltd, Annual General Meeting, Jun 17, 2022

Lotes Co., Ltd, Annual General Meeting, Jun 17, 2022

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

Now 21% undervalued

Price target increased to NT$717

Third quarter 2021 earnings released: EPS NT$8.91 (vs NT$7.46 in 3Q 2020)

Upcoming dividend of NT$13.30 per share

Second quarter 2021 earnings released: EPS NT$6.85 (vs NT$8.69 in 2Q 2020)

First quarter 2021 earnings released: EPS NT$8.06 (vs NT$3.99 in 1Q 2020)

Lotes (TPE:3533) Is Investing Its Capital With Increasing Efficiency

Full year 2020 earnings released: EPS NT$26.41 (vs NT$20.11 in FY 2019)

Lotes (TPE:3533) Seems To Use Debt Rather Sparingly

Why Lotes Co., Ltd (TPE:3533) Is A Dividend Rockstar

New 90-day high: NT$577

Lotes (TPE:3533) Has Rewarded Shareholders With An Exceptional 434% Total Return On Their Investment

Does Lotes (TPE:3533) Have The DNA Of A Multi-Bagger?

New 90-day high: NT$531

Are Lotes Co., Ltd (TPE:3533) Investors Paying Above The Intrinsic Value?