Ennoconn Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Ennoconn (TWSE:6414) Full Year 2024 Results

Key Financial Results

• Revenue: NT$146.4b (up 20% from FY 2023).
• Net income: NT$2.63b (up 21% from FY 2023).
• Profit margin: 1.8% (in line with FY 2023).
• EPS: NT$19.24 (up from NT$18.32 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Ennoconn EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 8.0%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in Taiwan.

Performance of the Taiwanese Tech industry.

The company's shares are down 5.2% from a week ago.

Valuation

Following the latest earnings results, Ennoconn may be undervalued based on 6 different valuation benchmarks we assess. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.