【225 w 37th st 3rd floor new york ny 10018】Will Hi-P International Limited’s (SGX:H17) Earnings Grow In The Next Couple Of Years?

In December 2018,225 w 37th st 3rd floor new york ny 10018 Hi-P International Limited (

SGX:H17

) released its latest earnings announcement, which confirmed that the business experienced a major headwind with earnings declining by -17%. Below, I’ve laid out key growth figures on how market analysts view Hi-P International’s earnings growth outlook over the next couple of years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in.

Check out our latest analysis for Hi-P International

Market analysts’ prospects for the coming year seems pessimistic, with earnings falling by -5.8%. In the next couple of years, earnings should continue to be below today’s level, with a fall of -5.7% in 2021, eventually reaching S$95m in 2022.

SGX:H17 Past and Future Earnings, March 1st 2019

Although it’s helpful to be aware of the growth rate each year relative to today’s level, it may be more beneficial analyzing the rate at which the earnings are moving every year, on average. The advantage of this technique is that we can get a better picture of the direction of Hi-P International’s earnings trajectory over the long run, irrespective of near term fluctuations, which may be more relevant for long term investors. To calculate this rate, I put a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is 0.6%. This means that, we can presume Hi-P International will grow its earnings by 0.6% every year for the next couple of years.

Next Steps:

For Hi-P International, I’ve put together three pertinent factors you should further examine:

Financial Health

: Does it have a healthy balance sheet? Take a look at our

free balance sheet analysis with six simple checks

on key factors like leverage and risk.

Valuation

: What is H17 worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The

intrinsic value infographic in our free research report

helps visualize whether H17 is currently mispriced by the market.

Other High-Growth Alternatives

: Are there other high-growth stocks you could be holding instead of H17? Explore

our interactive list of stocks with large growth potential

to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at

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. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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