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TABAYA HOLDINGS Co., Ltd. Just Missed Earnings; Here's What Analysts Are Forecasting Now
As you might know, TABAYA HOLDINGS Co., Ltd. (TSE:7606) recently reported its half-year numbers. Things were not great overall, with a surprise (statutory) loss of JP¥13.72 per share on revenues of JP¥76b, even though the analysts had been expecting a profit. 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Taking into account the latest results, TABAYA HOLDINGS' six analysts currently expect revenues in 2027 to be JP¥168.0b, approximately in line with the last 12 months. Statutory earnings per share are forecast to dip 4.0% to JP¥240 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥167.3b and earnings per share (EPS) of JP¥240 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
View our latest analysis for TABAYA HOLDINGS
There were no changes to revenue or earnings estimates or the price target of JP¥3,085, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on TABAYA HOLDINGS, with the most bullish analyst valuing it at JP¥3,900 and the most bearish at JP¥2,640 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
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 TABAYA HOLDINGS' revenue growth is expected to slow, with the forecast 1.3% annualised growth rate until the end of 2027 being well below the historical 7.5% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 8.8% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than TABAYA HOLDINGS.
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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that TABAYA HOLDINGS' revenue is expected to perform worse 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.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple TABAYA HOLDINGS analysts - going out to 2029, and you can see them free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with TABAYA HOLDINGS , and understanding this should be part of your investment process.
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