ADNOC Drilling Company P.J.S.C Future Growth
Future criteria checks 3/6
ADNOC Drilling Company P.J.S.C is forecast to grow earnings and revenue by 8.5% and 9.6% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 31.1% in 3 years.
Key information
8.5%
Earnings growth rate
8.3%
EPS growth rate
| Energy Services earnings growth | 16.5% |
| Revenue growth rate | 9.6% |
| Future return on equity | 31.1% |
| Analyst coverage | Good |
| Last updated | 24 Apr 2024 |
Recent future growth updates
ADNOC Drilling Company P.J.S.C. Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next
Feb 15
ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Feb 14Recent updates
Potential Upside For ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Not Without Risk
Mar 26ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Performance Is Even Better Than Its Earnings Suggest
Feb 19ADNOC Drilling Company P.J.S.C. Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next
Feb 15Under The Bonnet, ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns Look Impressive
Jan 08We Like ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns And Here's How They're Trending
Aug 20ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Could Become A Multi-Bagger
May 10Calculating The Intrinsic Value Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL)
Mar 01ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Is Looking To Continue Growing Its Returns On Capital
Jan 17Returns On Capital At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Have Hit The Brakes
Oct 09Estimating The Intrinsic Value Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL)
Jul 21Investor Optimism Abounds ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) But Growth Is Lacking
Jun 16We Like ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Earnings For More Than Just Statutory Profit
Feb 18ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Feb 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,279 | 1,351 | 1,566 | 1,950 | 10 |
| 12/31/2025 | 4,053 | 1,267 | 1,485 | 1,851 | 12 |
| 12/31/2024 | 3,695 | 1,129 | 634 | 1,527 | 12 |
| 12/31/2023 | 3,057 | 1,033 | 293 | 1,355 | N/A |
| 9/30/2023 | 2,949 | 937 | 65 | 1,347 | N/A |
| 6/30/2023 | 2,844 | 869 | 413 | 1,327 | N/A |
| 3/31/2023 | 2,788 | 846 | 197 | 1,137 | N/A |
| 12/31/2022 | 2,673 | 802 | 582 | 1,524 | N/A |
| 9/30/2022 | 2,515 | 712 | 957 | 1,594 | N/A |
| 6/30/2022 | 2,416 | 702 | 896 | 1,518 | N/A |
| 3/31/2022 | 2,348 | 669 | 1,079 | 1,604 | N/A |
| 12/31/2021 | 2,269 | 604 | 596 | 1,179 | N/A |
| 9/30/2021 | 2,275 | 607 | 662 | 1,162 | N/A |
| 6/30/2021 | 2,219 | 548 | 917 | 1,290 | N/A |
| 3/31/2021 | 2,120 | 528 | 1,215 | 1,488 | N/A |
| 12/31/2020 | 2,098 | 569 | 1,642 | 1,789 | N/A |
| 12/31/2019 | 2,061 | 583 | -15 | 19 | N/A |
| 12/31/2018 | 1,961 | 685 | 735 | 783 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADNOCDRILL's forecast earnings growth (8.5% per year) is below the savings rate (14.3%).
Earnings vs Market: ADNOCDRILL's earnings (8.5% per year) are forecast to grow faster than the AE market (4.8% per year).
High Growth Earnings: ADNOCDRILL's earnings are forecast to grow, but not significantly.
Revenue vs Market: ADNOCDRILL's revenue (9.6% per year) is forecast to grow faster than the AE market (6.3% per year).
High Growth Revenue: ADNOCDRILL's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADNOCDRILL's Return on Equity is forecast to be high in 3 years time (31.1%)