Austin Engineering Future Growth

Future criteria checks 5/6

Austin Engineering is forecast to grow earnings and revenue by 27.3% and 11% per annum respectively. EPS is expected to grow by 27.2% per annum. Return on equity is forecast to be 25.3% in 3 years.

Key information

27.3%

Earnings growth rate

27.2%

EPS growth rate

Machinery earnings growth	49.7%
Revenue growth rate	11.0%
Future return on equity	25.3%
Analyst coverage	Low
Last updated	18 Mar 2024

Recent future growth updates

Recent updates

Austin Engineering (ASX:ANG) Has A Pretty Healthy Balance Sheet

Apr 18

Do Austin Engineering's (ASX:ANG) Earnings Warrant Your Attention?

Mar 11

Austin Engineering Limited's (ASX:ANG) P/E Is Still On The Mark Following 28% Share Price Bounce

Feb 08

Austin Engineering Limited's (ASX:ANG) Popularity With Investors Is Clear

Dec 17

These 4 Measures Indicate That Austin Engineering (ASX:ANG) Is Using Debt Reasonably Well

May 04

Austin Engineering (ASX:ANG) Is Doing The Right Things To Multiply Its Share Price

Aug 04

Austin Engineering (ASX:ANG) Share Prices Have Dropped 38% In The Last Three Years

Dec 21

Do Its Financials Have Any Role To Play In Driving Austin Engineering Limited's (ASX:ANG) Stock Up Recently?

Dec 08

Will the Promising Trends At Austin Engineering (ASX:ANG) Continue?

Nov 25

Austin Engineering Limited's (ASX:ANG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Aug 28

Are Investors Undervaluing Austin Engineering Limited (ASX:ANG) By 42%?

Aug 02

Will The ROCE Trend At Austin Engineering (ASX:ANG) Continue?

Jun 28

Earnings and Revenue Growth Forecasts

ASX:ANG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	389	44	N/A	48	1
6/30/2025	360	41	N/A	44	1
6/30/2024	330	30	N/A	24	1
12/31/2023	288	21	-2	9	N/A
9/30/2023	273	14	1	13	N/A
6/30/2023	258	7	5	16	N/A
3/31/2023	248	11	12	19	N/A
12/31/2022	238	15	19	23	N/A
9/30/2022	220	18	10	14	N/A
6/30/2022	203	21	1	5	N/A
3/31/2022	198	14	-6	-1	N/A
12/31/2021	192	8	-12	-7	N/A
9/30/2021	195	6	-13	-7	N/A
6/30/2021	198	3	-14	-8	N/A
3/31/2021	205	7	-10	-5	N/A
12/31/2020	213	11	-6	-1	N/A
9/30/2020	214	10	7	12	N/A
6/30/2020	216	9	20	24	N/A
3/31/2020	208	3	17	23	N/A
12/31/2019	201	-2	14	21	N/A
9/30/2019	216	0	10	18	N/A
6/30/2019	231	2	6	14	N/A
3/31/2019	239	1	N/A	N/A	N/A
12/31/2018	247	-1	7	11	N/A
9/30/2018	261	-2	3	6	N/A
6/30/2018	275	-2	-2	1	N/A
12/31/2017	271	-5	-8	-2	N/A
9/30/2017	243	-11	N/A	-8	N/A
6/30/2017	215	-16	N/A	-15	N/A
12/31/2016	183	-13	N/A	-15	N/A
9/30/2016	185	-22	N/A	-9	N/A
6/30/2016	188	-30	N/A	-2	N/A
12/31/2015	182	-30	N/A	0	N/A
9/30/2015	185	-40	N/A	2	N/A
6/30/2015	187	-49	N/A	4	N/A
3/31/2015	208	-45	N/A	3	N/A
12/31/2014	206	-42	N/A	2	N/A
9/30/2014	208	-20	N/A	-2	N/A
6/30/2014	210	1	N/A	-7	N/A
3/31/2014	224	6	N/A	-1	N/A
12/31/2013	238	12	N/A	5	N/A
9/30/2013	264	20	N/A	13	N/A
6/30/2013	289	28	N/A	22	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANG's forecast earnings growth (27.3% per year) is above the savings rate (2.2%).

Earnings vs Market: ANG's earnings (27.3% per year) are forecast to grow faster than the Australian market (13.4% per year).

High Growth Earnings: ANG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ANG's revenue (11% per year) is forecast to grow faster than the Australian market (4.7% per year).

High Growth Revenue: ANG's revenue (11% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ANG's Return on Equity is forecast to be high in 3 years time (25.3%)

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Austin Engineering Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Price target increased by 17% to AU$0.50

Austin Engineering Limited Revises Earnings Guidance for the First Half of Financial Year Ending June 30, 2024

Austin Engineering Limited Provides Earnings Guidance for the Fiscal Year 2024

Consensus EPS estimates fall by 42%

Austin Engineering Limited Provides Earnings Guidance for the Fiscal Year 2023

Recent updates

Austin Engineering (ASX:ANG) Has A Pretty Healthy Balance Sheet

Do Austin Engineering's (ASX:ANG) Earnings Warrant Your Attention?

First half 2024 earnings released: EPS: AU$0.025 (vs AU$0.002 in 1H 2023)

Austin Engineering Limited's (ASX:ANG) P/E Is Still On The Mark Following 28% Share Price Bounce

Austin Engineering Limited to Report First Half, 2024 Results on Feb 27, 2024

Consensus EPS estimates increase by 11%

Price target increased by 17% to AU$0.50

Austin Engineering Limited Revises Earnings Guidance for the First Half of Financial Year Ending June 30, 2024

Austin Engineering Limited's (ASX:ANG) Popularity With Investors Is Clear

CEO, MD & Director recently bought AU$50k worth of stock

Austin Engineering Limited Provides Earnings Guidance for the Fiscal Year 2024

Full year 2023 earnings released: EPS: AU$0.012 (vs AU$0.035 in FY 2022)

Austin Engineering Limited, Annual General Meeting, Oct 12, 2023

Austin Engineering Limited to Report Fiscal Year 2023 Results on Aug 28, 2023

Consensus EPS estimates fall by 42%

Austin Engineering Limited Provides Earnings Guidance for the Fiscal Year 2023

These 4 Measures Indicate That Austin Engineering (ASX:ANG) Is Using Debt Reasonably Well

Consensus EPS estimates fall by 21%

First half 2023 earnings released: EPS: AU$0.002 (vs AU$0.012 in 1H 2022)

Austin Engineering Limited Provides Revenue Guidance for the Second Half of 2023

Austin Engineering Limited Announces Executive Changes, Effective 20 January 2023

High number of new directors

Austin Engineering Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on October 27, 2022

Austin Engineering Limited (ASX:ANG) completed the acquisition of Mainetec Pty Ltd.

Full year 2022 earnings released: EPS: AU$0.035 (vs AU$0.004 in FY 2021)

Austin Engineering Limited Appoints Linda O'Farrell as Non-Executive Director, Effective 1 September 2022

Austin Engineering Limited (ASX:ANG) entered into a binding agreement to acquire Mainetec for AUD 24.1 million.

Austin Engineering Limited Appoints David Bonomini as Chief Financial Officer, Effective November 21, 2022

Austin Engineering Limited, Annual General Meeting, Oct 13, 2022

Austin Engineering (ASX:ANG) Is Doing The Right Things To Multiply Its Share Price

Austin Engineering Limited to Report Fiscal Year 2022 Results on Aug 29, 2022

Does Austin Engineering (ASX:ANG) Have A Healthy Balance Sheet?

Austin Engineering Limited Provides Earnings Guidance for Second Half and Full Year 2022

Insufficient new directors

Insufficient new directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Austin Engineering Limited Declares Fully Franked Fiscal Year 2022 Interim Dividend, Payable on 6 April 2022

Austin Engineering Limited to Report First Half, 2022 Results on Feb 24, 2022

Austin Engineering Limited Reaffirms Revenue Guidance for the Second Half of 2022

Is Austin Engineering (ASX:ANG) A Risky Investment?

What Does Austin Engineering Limited's (ASX:ANG) Share Price Indicate?

Austin Engineering Limited to Report Q2, 2021 Results on Feb 25, 2021

How Much Is Austin Engineering Limited (ASX:ANG) CEO Getting Paid?

Should You Use Austin Engineering's (ASX:ANG) Statutory Earnings To Analyse It?

Austin Engineering (ASX:ANG) Share Prices Have Dropped 38% In The Last Three Years

Do Its Financials Have Any Role To Play In Driving Austin Engineering Limited's (ASX:ANG) Stock Up Recently?

Will the Promising Trends At Austin Engineering (ASX:ANG) Continue?

Austin Engineering Limited Announces New Markets Growth Strategy Delivering Sales

Full year earnings released

Austin Engineering Limited's (ASX:ANG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Austin Engineering Limited to Report Fiscal Year 2020 Results on Aug 27, 2020

Are Investors Undervaluing Austin Engineering Limited (ASX:ANG) By 42%?

Will The ROCE Trend At Austin Engineering (ASX:ANG) Continue?

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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