R.A.K. Ceramics P.J.S.C Future Growth

Future criteria checks 1/6

R.A.K. Ceramics P.J.S.C is forecast to grow earnings and revenue by 9.6% and 4.8% per annum respectively.

Key information

9.6%

Earnings growth rate

n/a

EPS growth rate

Building earnings growth	15.6%
Revenue growth rate	4.8%
Future return on equity	14.9%
Analyst coverage	Low
Last updated	20 Mar 2024

Recent future growth updates

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Aug 06

Recent updates

Returns At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Are On The Way Up

Jan 31

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Announced A Dividend Of AED0.10

Feb 13

R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Conservative Accounting Might Explain Soft Earnings

Aug 10

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Aug 06

Returns On Capital At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Paint A Concerning Picture

Jun 15

Are Dividend Investors Getting More Than They Bargained For With R.A.K. Ceramics P.J.S.C.'s (ADX:RAKCEC) Dividend?

Mar 25

How Well Is R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Allocating Its Capital?

Feb 10

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Long Term Shareholders are 2.8% In The Black

Jan 15

Does R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Have A Place In Your Dividend Stock Portfolio?

Dec 16

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Returned Negative 24% To Its Shareholders In The Past Five Years

Aug 19

Here's What To Make Of R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Returns On Capital

Jul 15

Earnings and Revenue Growth Forecasts

ADX:RAKCEC - Analysts future estimates and past financials data (AED Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,997	407	171	N/A	1
12/31/2025	3,826	363	186	607	1
12/31/2024	3,642	346	125	565	1
12/31/2023	3,458	291	231	507	N/A
9/30/2023	3,492	290	221	467	N/A
6/30/2023	3,561	298	180	421	N/A
3/31/2023	3,617	320	168	396	N/A
12/31/2022	3,517	303	303	509	N/A
9/30/2022	3,369	278	340	516	N/A
6/30/2022	3,147	246	339	457	N/A
3/31/2022	2,921	242	393	492	N/A
12/31/2021	2,861	246	453	545	N/A
9/30/2021	2,828	24	533	623	N/A
6/30/2021	2,769	5	548	637	N/A
3/31/2021	2,480	-95	522	617	N/A
12/31/2020	2,349	-130	417	523	N/A
9/30/2020	2,314	82	326	436	N/A
6/30/2020	2,313	88	241	360	N/A
3/31/2020	2,558	161	309	446	N/A
12/31/2019	2,575	164	290	466	N/A
9/30/2019	2,568	173	236	469	N/A
6/30/2019	2,613	172	299	562	N/A
3/31/2019	2,676	156	220	498	N/A
12/31/2018	2,729	183	241	484	N/A
9/30/2018	2,798	179	285	467	N/A
6/30/2018	2,834	215	358	497	N/A
3/31/2018	2,836	272	389	490	N/A
12/31/2017	2,855	270	396	483	N/A
9/30/2017	2,763	101	N/A	457	N/A
6/30/2017	2,703	38	N/A	399	N/A
3/31/2017	2,738	-8	N/A	442	N/A
12/31/2016	2,793	-5	N/A	481	N/A
9/30/2016	2,886	194	N/A	419	N/A
6/30/2016	3,023	258	N/A	433	N/A
3/31/2016	3,070	282	N/A	449	N/A
12/31/2015	3,079	283	N/A	384	N/A
9/30/2015	3,120	306	N/A	476	N/A
6/30/2015	3,122	309	N/A	448	N/A
3/31/2015	3,131	319	N/A	323	N/A
12/31/2014	3,125	325	N/A	245	N/A
9/30/2014	3,024	302	N/A	241	N/A
6/30/2014	3,161	296	N/A	273	N/A
3/31/2014	3,281	304	N/A	570	N/A
12/31/2013	3,349	291	N/A	490	N/A
9/30/2013	3,385	256	N/A	413	N/A
6/30/2013	3,323	212	N/A	454	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RAKCEC's forecast earnings growth (9.6% per year) is below the savings rate (14%).

Earnings vs Market: RAKCEC's earnings (9.6% per year) are forecast to grow faster than the AE market (4.5% per year).

High Growth Earnings: RAKCEC's earnings are forecast to grow, but not significantly.

Revenue vs Market: RAKCEC's revenue (4.8% per year) is forecast to grow slower than the AE market (6.5% per year).

High Growth Revenue: RAKCEC's revenue (4.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RAKCEC's Return on Equity is forecast to be low in 3 years time (14.9%).

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R.A.K. Ceramics P.J.S.C Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased to د.إ3.66

Price target increased to د.إ3.19

Consensus EPS estimates increase by 11%

Price target decreased to د.إ2.80

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Price target increased to د.إ2.72

Recent updates

R.A.K. Ceramics P.J.S.C., Annual General Meeting, Mar 26, 2024

Now 22% overvalued after recent price rise

Now 23% overvalued after recent price rise

Now 23% overvalued after recent price rise

R.A.K. Ceramics P.J.S.C. Proposes Dividend for the Second Half of 2023

Returns At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Are On The Way Up

Third quarter 2023 earnings released: EPS: د.إ0.08 (vs د.إ0.086 in 3Q 2022)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: د.إ0.07 (vs د.إ0.092 in 2Q 2022)

R.A.K. Ceramics P.J.S.C. Proposes Interim Dividend for First Half of 2023

First quarter 2023 earnings released: EPS: د.إ0.07 (vs د.إ0.057 in 1Q 2022)

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Announced A Dividend Of AED0.10

Full year 2022 earnings: EPS and revenues miss analyst expectations

R.A.K. Ceramics P.J.S.C., Annual General Meeting, Mar 10, 2023

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: د.إ0.09 (vs د.إ0.053 in 3Q 2021)

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) acquired additional 41% stake in RAK Porcelain L.L.C for AED 230 million.

Second quarter 2022 earnings released: EPS: د.إ0.09 (vs د.إ0.088 in 2Q 2021)

Price target increased to د.إ3.66

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

R.A.K. Ceramics P.J.S.C., Annual General Meeting, Mar 15, 2022

Price target increased to د.إ3.19

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 11%

Price target decreased to د.إ2.80

Third quarter 2021 earnings released: EPS د.إ0.053 (vs د.إ0.033 in 3Q 2020)

R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Conservative Accounting Might Explain Soft Earnings

Executive Director Khaled Abdulla Yousef Abdulla Abdulla has left the company

Independent Chairman of the Board Sheikh Bin Saud Al Qasimi has left the company

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Price target increased to د.إ2.72

Second quarter 2021 earnings released: EPS د.إ0.088 (vs د.إ0.012 loss in 2Q 2020)

AlRajhi Partners acquired an additional 6.4% stake in R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) from Samena Limestone Company.

Returns On Capital At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Paint A Concerning Picture

First quarter 2021 earnings released: EPS د.إ0.06 (vs د.إ0.026 in 1Q 2020)

Are Dividend Investors Getting More Than They Bargained For With R.A.K. Ceramics P.J.S.C.'s (ADX:RAKCEC) Dividend?

New 90-day high: د.إ1.80

R.A.K. Ceramics P.J.S.C., Annual General Meeting, Mar 30, 2021

Full year 2020 earnings released: د.إ0.13 loss per share (vs د.إ0.17 profit in FY 2019)

Revenue beats expectations, earnings disappoint

How Well Is R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Allocating Its Capital?

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Long Term Shareholders are 2.8% In The Black

New 90-day high: د.إ1.70

Price target raised to د.إ1.93

Does R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Have A Place In Your Dividend Stock Portfolio?

New 90-day high: د.إ1.47

Third quarter 2020 earnings released: EPS د.إ0.03

Revenue beats expectations, earnings disappoint

R.A.K. Ceramics P.J.S.C. to Report Q3, 2020 Results on Nov 03, 2020

New 90-day high - د.إ1.47

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Returned Negative 24% To Its Shareholders In The Past Five Years

First half earnings released

New 90-day low - د.إ1.30

Here's What To Make Of R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Returns On Capital

R.A.K. Ceramics P.J.S.C. to Report Q1, 2020 Results on Jun 02, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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