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Last week, you might have seen that Nanofilm Technologies International Limited (SGX:MZH) released its yearly result to the market. The early response was not positive, with shares down 2.8% to S$0.70 in the past week. Statutory earnings per share fell badly short of expectations, coming in at S$0.012, some 48% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at S$204m. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for Nanofilm Technologies International
Following the latest results, Nanofilm Technologies International's six analysts are now forecasting revenues of S$233.2m in 2025. This would be a meaningful 14% improvement in revenue compared to the last 12 months. Per-share earnings are expected to surge 166% to S$0.032. Before this earnings report, the analysts had been forecasting revenues of S$244.0m and earnings per share (EPS) of S$0.039 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a substantial drop in earnings per share numbers.
It'll come as no surprise then, to learn that the analysts have cut their price target 7.4% to S$0.66. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Nanofilm Technologies International, with the most bullish analyst valuing it at S$0.80 and the most bearish at S$0.50 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
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. The analysts are definitely expecting Nanofilm Technologies International's growth to accelerate, with the forecast 14% annualised growth to the end of 2025 ranking favourably alongside historical growth of 1.0% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 11% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Nanofilm Technologies International is expected to grow much faster than its industry.