Here's What Analysts Are Forecasting For Mani, Inc. (TSE:7730) After Its Annual Results
It's been a good week for Mani, Inc. (TSE:7730) shareholders, because the company has just released its latest full-year results, and the shares gained 4.1% to JP¥1,553. The result was positive overall - although revenues of JP¥33b were in line with what the analysts predicted, Mani surprised by delivering a statutory profit of JP¥73.47 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
After the latest results, the seven analysts covering Mani are now predicting revenues of JP¥36.2b in 2027. If met, this would reflect a solid 9.5% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 8.2% to JP¥79.48. In the lead-up to this report, the analysts had been modelling revenues of JP¥35.9b and earnings per share (EPS) of JP¥78.77 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.
Check out our latest analysis for Mani
There were no changes to revenue or earnings estimates or the price target of JP¥1,901, 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. Currently, the most bullish analyst values Mani at JP¥2,150 per share, while the most bearish prices it at JP¥1,500. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Mani's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Mani's revenue growth will slow down substantially, with revenues to the end of 2027 expected to display 9.5% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.6% annually. So it's pretty clear that, while Mani's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share 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 in mind, we wouldn't be too quick to come to a conclusion on Mani. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Mani analysts - going out to 2029, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 1 warning sign for Mani that you should be aware of.
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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.