Noritake Future Growth

Future criteria checks 1/6

Noritake is forecast to grow earnings and revenue by 13.1% and 3.5% per annum respectively. EPS is expected to grow by 13.1% per annum. Return on equity is forecast to be 9.3% in 3 years.

Key information

13.1%

Earnings growth rate

13.1%

EPS growth rate

Machinery earnings growth	9.0%
Revenue growth rate	3.5%
Future return on equity	9.3%
Analyst coverage	Low
Last updated	28 May 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

OTCPK:NITK.F - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	153,000	16,470	9,433	19,433	1
3/31/2026	148,100	14,660	6,991	18,991	1
3/31/2025	143,300	13,080	3,095	15,095	1
9/30/2024	140,142	11,735	6,169	11,891	N/A
6/30/2024	139,261	11,687	N/A	N/A	N/A
3/31/2024	137,912	11,480	16,723	22,036	N/A
12/31/2023	139,454	10,516	N/A	N/A	N/A
9/30/2023	139,252	10,642	5,527	11,332	N/A
6/30/2023	140,740	10,369	N/A	N/A	N/A
3/31/2023	139,494	10,024	-5,571	-213	N/A
12/31/2022	137,689	10,608	N/A	N/A	N/A
9/30/2022	133,983	10,037	810	6,024	N/A
6/30/2022	130,352	9,530	N/A	N/A	N/A
3/31/2022	127,641	9,068	8,014	12,835	N/A
12/31/2021	123,601	8,762	N/A	N/A	N/A
9/30/2021	118,270	7,032	4,714	8,472	N/A
6/30/2021	110,784	4,490	N/A	N/A	N/A
3/31/2021	107,000	2,806	-527	5,903	N/A
12/31/2020	106,786	399	N/A	N/A	N/A
9/30/2020	108,885	581	-1,786	6,662	N/A
6/30/2020	114,579	2,033	N/A	N/A	N/A
3/31/2020	120,611	3,415	1,114	8,232	N/A
12/31/2019	122,800	7,511	N/A	N/A	N/A
9/30/2019	125,756	8,444	5,583	11,667	N/A
6/30/2019	126,981	9,301	N/A	N/A	N/A
3/31/2019	125,802	9,707	2,908	8,237	N/A
12/31/2018	124,136	15,100	N/A	N/A	N/A
9/30/2018	122,978	15,031	2,590	7,070	N/A
6/30/2018	120,294	14,390	N/A	N/A	N/A
3/31/2018	117,928	13,432	N/A	9,684	N/A
12/31/2017	117,130	6,758	N/A	N/A	N/A
9/30/2017	112,298	5,620	N/A	7,170	N/A
6/30/2017	111,079	5,094	N/A	N/A	N/A
3/31/2017	108,808	4,107	N/A	9,128	N/A
12/31/2016	108,494	3,012	N/A	N/A	N/A
9/30/2016	109,048	2,983	N/A	9,080	N/A
6/30/2016	108,811	3,974	N/A	N/A	N/A
3/31/2016	109,631	4,412	N/A	6,114	N/A
12/31/2015	108,560	4,152	N/A	N/A	N/A
9/30/2015	108,350	3,770	N/A	5,338	N/A
6/30/2015	104,211	2,641	N/A	N/A	N/A
3/31/2015	99,038	2,059	N/A	5,066	N/A
12/31/2014	95,435	1,933	N/A	N/A	N/A
9/30/2014	91,454	1,775	N/A	5,341	N/A
6/30/2014	90,394	1,094	N/A	N/A	N/A
3/31/2014	88,687	1,313	N/A	4,878	N/A
12/31/2013	86,505	64	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NITK.F's forecast earnings growth (13.1% per year) is above the savings rate (2.6%).

Earnings vs Market: NITK.F's earnings (13.1% per year) are forecast to grow slower than the US market (15.4% per year).

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

Revenue vs Market: NITK.F's revenue (3.5% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: NITK.F's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NITK.F's Return on Equity is forecast to be low in 3 years time (9.3%).