ITEQ Future Growth

Future criteria checks 4/6

ITEQ is forecast to grow earnings and revenue by 41.3% and 13.2% per annum respectively. EPS is expected to grow by 39.8% per annum. Return on equity is forecast to be 11.6% in 3 years.

Key information

41.3%

Earnings growth rate

39.8%

EPS growth rate

Electronic earnings growth	20.4%
Revenue growth rate	13.2%
Future return on equity	11.6%
Analyst coverage	Good
Last updated	19 Jun 2024

Recent future growth updates

ITEQ Corporation Just Missed Earnings - But Analysts Have Updated Their Models

May 09

Recent updates

Is ITEQ Corporation's (TPE:6213) Stock's Recent Performance A Reflection Of Its Financial Health?

Jan 25

Did You Participate In Any Of ITEQ's (TPE:6213) Incredible 714% Return?

Jan 11

These 4 Measures Indicate That ITEQ (TPE:6213) Is Using Debt Reasonably Well

Dec 28

Should You Invest In ITEQ (TPE:6213)?

Dec 14

Read This Before Buying ITEQ Corporation (TPE:6213) For Its Dividend

Nov 29

We're Not So Sure You Should Rely on ITEQ's (TPE:6213) Statutory Earnings

Nov 17

Earnings and Revenue Growth Forecasts

TWSE:6213 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	35,781	2,553	1,857	4,057	4
12/31/2025	34,274	2,565	421	3,191	7
12/31/2024	30,190	1,622	-78	1,610	8
3/31/2024	24,974	756	1,177	1,480	N/A
12/31/2023	25,079	677	1,538	2,097	N/A
9/30/2023	25,198	684	4,287	4,638	N/A
6/30/2023	24,905	727	3,757	5,142	N/A
3/31/2023	27,120	1,120	5,173	6,825	N/A
12/31/2022	29,130	1,855	4,602	6,429	N/A
9/30/2022	30,298	2,328	1,376	4,906	N/A
6/30/2022	32,875	2,886	699	3,530	N/A
3/31/2022	33,397	3,311	-3,859	358	N/A
12/31/2021	32,525	3,145	-1,795	3,153	N/A
9/30/2021	30,605	3,115	-603	3,934	N/A
6/30/2021	27,896	2,925	-77	4,804	N/A
3/31/2021	27,200	2,931	249	3,963	N/A
12/31/2020	25,422	2,666	-1,172	1,046	N/A
9/30/2020	25,463	2,553	-1,381	266	N/A
6/30/2020	25,622	2,623	-1,895	-834	N/A
3/31/2020	24,115	2,335	218	1,635	N/A
12/31/2019	23,791	2,463	611	2,021	N/A
9/30/2019	22,787	2,324	-43	1,660	N/A
6/30/2019	22,270	2,007	598	1,909	N/A
3/31/2019	22,002	1,920	-110	947	N/A
12/31/2018	22,402	1,775	164	956	N/A
9/30/2018	22,930	1,567	593	993	N/A
6/30/2018	22,630	1,530	791	995	N/A
3/31/2018	21,784	1,310	981	1,247	N/A
12/31/2017	21,214	1,245	N/A	990	N/A
9/30/2017	20,727	1,155	N/A	1,054	N/A
6/30/2017	20,193	1,046	N/A	1,114	N/A
3/31/2017	20,160	987	N/A	1,681	N/A
12/31/2016	19,682	952	N/A	2,082	N/A
9/30/2016	19,653	954	N/A	2,115	N/A
6/30/2016	19,647	880	N/A	1,262	N/A
3/31/2016	19,173	741	N/A	1,429	N/A
12/31/2015	19,077	600	N/A	681	N/A
9/30/2015	19,042	519	N/A	535	N/A
6/30/2015	19,059	439	N/A	929	N/A
3/31/2015	19,796	505	N/A	230	N/A
12/31/2014	20,146	530	N/A	600	N/A
9/30/2014	19,955	565	N/A	731	N/A
6/30/2014	19,911	716	N/A	666	N/A
3/31/2014	19,676	696	N/A	1,788	N/A
12/31/2013	19,735	817	N/A	1,330	N/A
9/30/2013	19,336	806	N/A	1,508	N/A
6/30/2013	19,159	922	N/A	1,553	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6213's forecast earnings growth (41.3% per year) is above the savings rate (1%).

Earnings vs Market: 6213's earnings (41.3% per year) are forecast to grow faster than the TW market (18% per year).

High Growth Earnings: 6213's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6213's revenue (13.2% per year) is forecast to grow faster than the TW market (11.8% per year).

High Growth Revenue: 6213's revenue (13.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6213's Return on Equity is forecast to be low in 3 years time (11.6%).

ITEQ Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 19%

Price target increased by 10% to NT$116

ITEQ Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Price target increased by 9.3% to NT$104

Consensus EPS estimates increase by 10%

Price target increased by 8.6% to NT$75.85

Recent updates

ITEQ's (TWSE:6213) Shareholders Will Receive A Smaller Dividend Than Last Year

High number of new directors

ITEQ (TWSE:6213) Has Announced That Its Dividend Will Be Reduced To NT$1.50

Dividend reduced to NT$1.50

Iteq Corporation Announces Executive Changes

Investors Could Be Concerned With ITEQ's (TWSE:6213) Returns On Capital

Consensus EPS estimates fall by 19%

Price target increased by 10% to NT$116

ITEQ Corporation Just Missed Earnings - But Analysts Have Updated Their Models

First quarter 2024 earnings: EPS and revenues miss analyst expectations

What Does ITEQ Corporation's (TWSE:6213) Share Price Indicate?

ITEQ Corporation to Report Q1, 2024 Results on May 06, 2024

Price target increased by 9.3% to NT$104

Earnings Tell The Story For ITEQ Corporation (TWSE:6213) As Its Stock Soars 30%

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

We Think ITEQ (TWSE:6213) Can Stay On Top Of Its Debt

Full year 2023 earnings: EPS exceeds analyst expectations

ITEQ Corporation, Annual General Meeting, May 30, 2024

ITEQ Corporation Announces Executive Changes

ITEQ Corporation Resolves to Establish the Nominating Committee and the Appointment of its Members

Consensus EPS estimates increase by 10%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Price target increased by 8.6% to NT$75.85

Consensus EPS estimates fall by 12%

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of NT$3.00 per share at 4.3% yield

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

ITEQ Corporation Approves Cash Dividend, Payable on August 4, 2023

Consensus EPS estimates fall by 15%

Price target decreased by 15% to NT$74.00

Consensus revenue estimates increase by 10%

Consensus EPS estimates fall by 39%

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

Price target increased by 7.9% to NT$87.20

Price target decreased to NT$67.00

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Price target decreased to NT$74.00

Price target decreased to NT$84.67

ITEQ Corporation Announces Executive Changes

Consensus forecasts updated

Price target decreased to NT$93.33

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

ITEQ Corporation Announces Resignation of Shih-Fang Cheng and Jin-Yuan Wang as Institutional Director, with Effect from August 1, 2022

Now 21% undervalued after recent price drop

Price target decreased to NT$105

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$5.00 per share

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

ITEQ Corporation Announces Dividend Distribution, Payable on August 4, 2022

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to NT$138

Less than half of directors are independent

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

ITEQ Corporation announced that it expects to receive TWD 2.12391699 billion in funding from WIN Semiconductors Corp.

Second quarter 2021 earnings released: EPS NT$2.58 (vs NT$2.60 in 2Q 2020)

Upcoming dividend of NT$5.00 per share

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$1.93 (vs NT$1.24 in 1Q 2020)

Is ITEQ (TPE:6213) A Risky Investment?