LGI Future Growth
Future criteria checks 4/6
LGI is forecast to grow earnings and revenue by 22% and 17.7% per annum respectively. EPS is expected to grow by 22.9% per annum. Return on equity is forecast to be 16.6% in 3 years.
Key information
22.0%
Earnings growth rate
22.9%
EPS growth rate
Renewable Energy earnings growth | 16.2% |
Revenue growth rate | 17.7% |
Future return on equity | 16.6% |
Analyst coverage | Low |
Last updated | 10 May 2024 |
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
6/30/2026 | 53 | 13 | -6 | 22 | 3 |
6/30/2025 | 40 | 8 | -7 | 17 | 3 |
6/30/2024 | 34 | 7 | -5 | 15 | 3 |
12/31/2023 | 32 | 7 | -6 | 11 | N/A |
9/30/2023 | 32 | 7 | -5 | 9 | N/A |
6/30/2023 | 32 | 6 | -4 | 7 | N/A |
3/31/2023 | 32 | 6 | -3 | 7 | N/A |
12/31/2022 | 32 | 6 | -2 | 7 | N/A |
9/30/2022 | 29 | 5 | -2 | 7 | N/A |
6/30/2022 | 25 | 5 | -1 | 7 | N/A |
3/31/2022 | 18 | 3 | -1 | 6 | N/A |
12/31/2021 | 10 | 2 | 0 | 5 | N/A |
9/30/2021 | 8 | 2 | 0 | 4 | N/A |
6/30/2021 | 7 | 2 | -1 | 3 | N/A |
6/30/2020 | 4 | 1 | -6 | 2 | N/A |
6/30/2019 | 5 | 2 | -6 | 4 | N/A |
6/30/2018 | 5 | 1 | -3 | 3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LGI's forecast earnings growth (22% per year) is above the savings rate (2.3%).
Earnings vs Market: LGI's earnings (22% per year) are forecast to grow faster than the Australian market (13.7% per year).
High Growth Earnings: LGI's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LGI's revenue (17.7% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: LGI's revenue (17.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LGI's Return on Equity is forecast to be low in 3 years time (16.6%).