Here's What Analysts Are Forecasting For Taiwan Mobile Co., Ltd. (TWSE:3045) After Its Annual Results

Taiwan Mobile Co., Ltd. (TWSE:3045) last week reported its latest full-year results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It was a credible result overall, with revenues of NT$199b and statutory earnings per share of NT$4.56 both in line with analyst estimates, showing that Taiwan Mobile is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Taiwan Mobile

After the latest results, the seven analysts covering Taiwan Mobile are now predicting revenues of NT$214.2b in 2025. If met, this would reflect a satisfactory 7.5% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 5.4% to NT$4.81. In the lead-up to this report, the analysts had been modelling revenues of NT$214.6b and earnings per share (EPS) of NT$4.69 in 2025. So the consensus seems to have become somewhat more optimistic on Taiwan Mobile's earnings potential following these results.

The consensus price target was unchanged at NT$124, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Taiwan Mobile, with the most bullish analyst valuing it at NT$137 and the most bearish at NT$115 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Taiwan Mobile is an easy business to forecast or the the analysts are all using similar assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Taiwan Mobile's revenue growth is expected to slow, with the forecast 7.5% annualised growth rate until the end of 2025 being well below the historical 10.0% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.2% annually. So it's pretty clear that, while Taiwan Mobile's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Taiwan Mobile's earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at NT$124, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Taiwan Mobile going out to 2026, and you can see them free on our platform here.

Even so, be aware that Taiwan Mobile is showing 2 warning signs in our investment analysis , you should know about...

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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.