Primax Electronics Future Growth

Future criteria checks 1/6

Primax Electronics is forecast to grow earnings and revenue by 12.2% and 6.6% per annum respectively. EPS is expected to grow by 13.2% per annum. Return on equity is forecast to be 15.9% in 3 years.

Key information

12.2%

Earnings growth rate

13.2%

EPS growth rate

Electronic earnings growth	23.2%
Revenue growth rate	6.6%
Future return on equity	15.9%
Analyst coverage	Good
Last updated	01 Aug 2024

Recent future growth updates

Recent updates

Primax Electronics Ltd.'s (TWSE:4915) Shares Bounce 26% But Its Business Still Trails The Market

Mar 21

Should You Think About Buying Primax Electronics Ltd. (TPE:4915) Now?

Apr 27

Here's What To Make Of Primax Electronics' (TPE:4915) Decelerating Rates Of Return

Mar 29

Does It Make Sense To Buy Primax Electronics Ltd. (TPE:4915) For Its Yield?

Mar 16

These 4 Measures Indicate That Primax Electronics (TPE:4915) Is Using Debt Reasonably Well

Mar 01

We Think Primax Electronics' (TPE:4915) Statutory Profit Might Understate Its Earnings Potential

Feb 15

Primax Electronics Ltd. (TPE:4915) Shares Could Be 33% Above Their Intrinsic Value Estimate

Feb 01

Is Primax Electronics Ltd.'s (TPE:4915) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Jan 18

When Should You Buy Primax Electronics Ltd. (TPE:4915)?

Jan 06

We're Watching These Trends At Primax Electronics (TPE:4915)

Dec 25

Here's How We Evaluate Primax Electronics Ltd.'s (TPE:4915) Dividend

Dec 13

Reflecting on Primax Electronics' (TPE:4915) Share Price Returns Over The Last Three Years

Nov 30

Here's Why Primax Electronics (TPE:4915) Can Manage Its Debt Responsibly

Nov 18

Earnings and Revenue Growth Forecasts

TWSE:4915 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	69,180	3,479	4,063	5,363	2
12/31/2025	65,202	3,099	3,401	5,632	7
12/31/2024	61,177	2,793	2,798	4,827	7
6/30/2024	58,763	2,540	4,477	6,092	N/A
3/31/2024	59,460	2,512	6,371	7,907	N/A
12/31/2023	60,488	2,485	6,156	7,728	N/A
9/30/2023	65,189	2,592	5,502	7,010	N/A
6/30/2023	71,805	2,733	8,474	10,220	N/A
3/31/2023	76,023	2,745	6,542	8,391	N/A
12/31/2022	79,241	2,743	4,266	6,197	N/A
9/30/2022	80,891	2,651	5,602	7,585	N/A
6/30/2022	76,220	2,445	526	3,286	N/A
3/31/2022	72,385	2,345	-1,741	1,221	N/A
12/31/2021	71,650	2,298	-1,371	1,673	N/A
9/30/2021	70,835	2,155	-2,672	514	N/A
6/30/2021	72,073	2,257	282	2,822	N/A
3/31/2021	71,876	2,149	-1,264	1,365	N/A
12/31/2020	68,241	1,919	1,727	4,816	N/A
9/30/2020	73,696	2,154	6,616	9,381	N/A
6/30/2020	80,080	2,145	3,830	6,943	N/A
3/31/2020	80,533	2,055	7,039	10,439	N/A
12/31/2019	80,650	2,135	3,069	6,628	N/A
9/30/2019	74,158	2,004	-1,634	2,267	N/A
6/30/2019	68,475	1,905	-589	2,814	N/A
3/31/2019	66,569	1,830	-1,394	1,404	N/A
12/31/2018	64,811	1,827	-187	1,787	N/A
9/30/2018	65,318	1,914	49	1,704	N/A
6/30/2018	60,707	1,868	-278	1,008	N/A
3/31/2018	59,744	1,991	N/A	2,771	N/A
12/31/2017	60,742	2,057	N/A	3,412	N/A
9/30/2017	59,249	2,108	N/A	3,140	N/A
6/30/2017	62,740	2,001	N/A	4,836	N/A
3/31/2017	63,806	1,935	N/A	4,595	N/A
12/31/2016	64,329	1,872	N/A	2,268	N/A
9/30/2016	66,528	1,771	N/A	2,835	N/A
6/30/2016	65,260	1,712	N/A	4,003	N/A
3/31/2016	64,356	1,719	N/A	3,146	N/A
12/31/2015	63,538	1,743	N/A	5,022	N/A
9/30/2015	57,240	1,567	N/A	3,642	N/A
6/30/2015	53,642	1,593	N/A	1,675	N/A
3/31/2015	53,225	1,601	N/A	1,863	N/A
12/31/2014	52,240	1,545	N/A	3,354	N/A
9/30/2014	49,869	1,194	N/A	3,562	N/A
6/30/2014	46,605	919	N/A	2,948	N/A
3/31/2014	43,340	761	N/A	3,154	N/A
12/31/2013	42,320	669	N/A	2,991	N/A
9/30/2013	42,944	1,005	N/A	1,495	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4915's forecast earnings growth (12.2% per year) is above the savings rate (1%).

Earnings vs Market: 4915's earnings (12.2% per year) are forecast to grow slower than the TW market (18.7% per year).

High Growth Earnings: 4915's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4915's revenue (6.6% per year) is forecast to grow slower than the TW market (11.8% per year).

High Growth Revenue: 4915's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4915's Return on Equity is forecast to be low in 3 years time (15.9%).

Primax Electronics Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Consensus EPS estimates increase by 17%

Price target increased by 11% to NT$78.08

Consensus revenue estimates fall by 11%

Price target decreased to NT$66.77

Price target decreased to NT$71.57

Recent updates

Primax Electronics' (TWSE:4915) Returns Have Hit A Wall

Second quarter 2024 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 13%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates increase by 17%

Upcoming dividend of NT$4.00 per share

Estimating The Intrinsic Value Of Primax Electronics Ltd. (TWSE:4915)

Primax Electronics Ltd. Announces Change of Chairperson and Vice Chairperson, Effective May 24, 2024

Primax Electronics Ltd. Approves Board Changes

First quarter 2024 earnings released: EPS: NT$1.28 (vs NT$1.23 in 1Q 2023)

Returns At Primax Electronics (TWSE:4915) Appear To Be Weighed Down

Primax Electronics Ltd. Unveils Comprehensive Range of Next-Gen Surveillance and Advanced Door Locks

Primax Electronics Ltd.'s (TWSE:4915) Shares Bounce 26% But Its Business Still Trails The Market

Primax Electronics Ltd., Annual General Meeting, May 24, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Price target increased by 11% to NT$78.08

Second quarter 2023 earnings released: EPS: NT$1.55 (vs NT$1.58 in 2Q 2022)

Upcoming dividend of NT$3.90 per share at 6.1% yield

Primax Electronics Ltd. Announces Cash Dividend, Payable on July 28, 2023

Primax Electronics Ltd. Announces Change of the Nomination Committee Member and Risk Management Committee Member

Consensus revenue estimates fall by 11%

Primax Electronics Ltd. Appoints Jiabin Duh as General Manager, Effective June 1, 2023

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

Primax Electronics Ltd. Announces Resignation of Duh, Jia-Bin as Audit Committee Member,Remuneration Committee Member, Nomination Committee Member and Risk Management Committee Member

Price target decreased to NT$66.77

Insufficient new directors

Third quarter 2022 earnings released: EPS: NT$1.95 (vs NT$1.50 in 3Q 2021)

Price target decreased to NT$71.57

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

Insufficient new directors

Price target increased to NT$76.57

Now 21% undervalued

Insufficient new directors

Upcoming dividend of NT$3.10 per share

First quarter 2022 earnings: EPS exceeds analyst expectations

Primax Electronics Ltd., Annual General Meeting, May 26, 2022

Full year 2021 earnings: EPS misses analyst expectations

Third quarter 2021 earnings released: EPS NT$1.50 (vs NT$1.73 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$1.37 (vs NT$1.13 in 2Q 2020)

Upcoming dividend of NT$3.00 per share

First quarter 2021 earnings released: EPS NT$1.13 (vs NT$0.62 in 1Q 2020)

Price target increased to NT$72.20

Should You Think About Buying Primax Electronics Ltd. (TPE:4915) Now?

Here's What To Make Of Primax Electronics' (TPE:4915) Decelerating Rates Of Return

Does It Make Sense To Buy Primax Electronics Ltd. (TPE:4915) For Its Yield?

These 4 Measures Indicate That Primax Electronics (TPE:4915) Is Using Debt Reasonably Well

Revenue beats expectations

Primax Electronics Ltd., Annual General Meeting, May 28, 2021

Full year 2020 earnings released: EPS NT$4.30 (vs NT$4.80 in FY 2019)

New 90-day high: NT$65.40

Price target raised to NT$66.80

We Think Primax Electronics' (TPE:4915) Statutory Profit Might Understate Its Earnings Potential

Primax Electronics Ltd. (TPE:4915) Shares Could Be 33% Above Their Intrinsic Value Estimate

New 90-day high: NT$57.90

Price target raised to NT$57.16

Is Primax Electronics Ltd.'s (TPE:4915) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

New 90-day high: NT$52.30

When Should You Buy Primax Electronics Ltd. (TPE:4915)?

We're Watching These Trends At Primax Electronics (TPE:4915)

New 90-day high: NT$49.15

Here's How We Evaluate Primax Electronics Ltd.'s (TPE:4915) Dividend

Reflecting on Primax Electronics' (TPE:4915) Share Price Returns Over The Last Three Years

Here's Why Primax Electronics (TPE:4915) Can Manage Its Debt Responsibly

Third quarter 2020 earnings released: EPS NT$1.73

Earnings beat expectations, revenue disappoints

New 90-day high: NT$46.65

A consortium of FAT Capital Management Co. Ltd., H&Q Asia Pacific, Ltd. and Merrill Lynch Taiwan Limited and the management of Primax made an offer to acquire the remaining 90% stake in Primax Electronics Ltd. for TWD 7.41 billion.

Analysts lower revenue estimates to NT$66.0b