Japan Elevator Service Holdings Co.,Ltd. (TSE:6544) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
It's been a sad week for Japan Elevator Service Holdings Co.,Ltd. (TSE:6544), who've watched their investment drop 12% to JP¥1,486 in the week since the company reported its first-quarter result. Revenues of JP¥16b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at JP¥10.76, missing estimates by 4.0%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the most recent consensus for Japan Elevator Service HoldingsLtd from eight analysts is for revenues of JP¥66.2b in 2027. If met, it would imply a notable 10% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to step up 17% to JP¥50.03. In the lead-up to this report, the analysts had been modelling revenues of JP¥66.4b and earnings per share (EPS) of JP¥49.45 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
See our latest analysis for Japan Elevator Service HoldingsLtd
There were no changes to revenue or earnings estimates or the price target of JP¥2,588, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values Japan Elevator Service HoldingsLtd at JP¥3,040 per share, while the most bearish prices it at JP¥2,400. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Japan Elevator Service HoldingsLtd'shistorical trends, as the 14% annualised revenue growth to the end of 2027 is roughly in line with the 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.4% annually. So it's pretty clear that Japan Elevator Service HoldingsLtd is forecast to grow substantially faster than its industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Japan Elevator Service HoldingsLtd going out to 2029, and you can see them free on our platform here..
It might also be worth considering whether Japan Elevator Service HoldingsLtd's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.
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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.