Austal Future Growth

Future criteria checks 4/6

Austal is forecast to grow earnings and revenue by 46.2% and 10.8% per annum respectively. EPS is expected to grow by 60.9% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

46.2%

Earnings growth rate

60.9%

EPS growth rate

Aerospace & Defense earnings growth	13.9%
Revenue growth rate	10.8%
Future return on equity	5.9%
Analyst coverage	Low
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Jul 01

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Feb 28

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Sep 27

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 26

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Aug 24

We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)

May 30

Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?

Apr 30

How Does Austal Limited (ASX:ASB) Fare As A Dividend Stock?

Apr 18

Does Austal (ASX:ASB) Deserve A Spot On Your Watchlist?

Mar 25

Austal Limited (ASX:ASB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Mar 12

Austal (ASX:ASB) Has A Rock Solid Balance Sheet

Mar 11

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition

Feb 27

Did You Participate In Any Of Austal's (ASX:ASB) Fantastic 145% Return ?

Feb 11

Is Austal Limited (ASX:ASB) Trading At A 35% Discount?

Jan 29

How Does Austal Limited (ASX:ASB) Stand Up To These Simple Dividend Safety Checks?

Jan 17

Does Austal (ASX:ASB) Have The Makings Of A Multi-Bagger?

Jan 04

Here's Why We Think Austal (ASX:ASB) Is Well Worth Watching

Dec 22

Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?

Dec 10

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition

Nov 28

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austal Limited (ASX:ASB)?

Nov 17

Is Austal Limited (ASX:ASB) A Smart Pick For Income Investors?

Sep 14

There's A Lot To Like About Austal's (ASX:ASB) Upcoming AU$0.05 Dividend

Sep 03

Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?

Aug 28

Earnings and Revenue Growth Forecasts

ASX:ASB - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	2,238	70	130	133	5
6/30/2025	2,033	50	92	114	5
6/30/2024	1,711	32	60	51	5
12/31/2023	1,528	6	-8	128	N/A
9/30/2023	1,556	-4	-25	108	N/A
6/30/2023	1,585	-14	-42	87	N/A
3/31/2023	1,533	7	-82	37	N/A
12/31/2022	1,482	27	-122	-14	N/A
9/30/2022	1,455	53	-101	12	N/A
6/30/2022	1,429	80	-80	37	N/A
3/31/2022	1,442	77	-54	45	N/A
12/31/2021	1,454	74	-28	53	N/A
9/30/2021	1,513	77	-6	73	N/A
6/30/2021	1,572	81	16	93	N/A
3/31/2021	1,730	91	97	160	N/A
12/31/2020	1,888	101	177	226	N/A
9/30/2020	1,987	95	162	195	N/A
6/30/2020	2,086	89	146	164	N/A
3/31/2020	2,062	84	100	125	N/A
12/31/2019	2,039	78	53	85	N/A
9/30/2019	1,945	70	87	125	N/A
6/30/2019	1,851	61	121	165	N/A
3/31/2019	1,721	50	133	174	N/A
12/31/2018	1,591	38	145	184	N/A
9/30/2018	1,491	38	92	125	N/A
6/30/2018	1,390	38	39	66	N/A
3/31/2018	1,351	33	0	27	N/A
12/31/2017	1,311	29	-39	-11	N/A
9/30/2017	1,311	22	N/A	-24	N/A
6/30/2017	1,310	15	N/A	-38	N/A
3/31/2017	1,276	-38	N/A	-16	N/A
12/31/2016	1,242	-92	N/A	6	N/A
9/30/2016	1,291	-88	N/A	54	N/A
6/30/2016	1,340	-84	N/A	102	N/A
3/31/2016	1,411	-22	N/A	73	N/A
12/31/2015	1,482	41	N/A	44	N/A
9/30/2015	1,448	47	N/A	77	N/A
6/30/2015	1,415	53	N/A	110	N/A
3/31/2015	1,356	52	N/A	113	N/A
12/31/2014	1,297	51	N/A	116	N/A
9/30/2014	1,210	41	N/A	79	N/A
6/30/2014	1,123	32	N/A	42	N/A
3/31/2014	1,069	36	N/A	26	N/A
12/31/2013	1,016	40	N/A	11	N/A
9/30/2013	958	38	N/A	-22	N/A
6/30/2013	899	36	N/A	-56	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASB's forecast earnings growth (46.2% per year) is above the savings rate (2.2%).

Earnings vs Market: ASB's earnings (46.2% per year) are forecast to grow faster than the Australian market (13.2% per year).

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

Revenue vs Market: ASB's revenue (10.8% per year) is forecast to grow faster than the Australian market (4.7% per year).

High Growth Revenue: ASB's revenue (10.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ASB's Return on Equity is forecast to be low in 3 years time (5.9%).

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Austal Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 9.0% to AU$2.68

Price target decreased by 7.3% to AU$2.28

Consensus EPS estimates fall from profit to AU$0.038 loss

Austal Limited Revises Earnings Guidance for the Fiscal Year 2023

Price target increased by 16% to AU$2.35

Consensus EPS estimates increase by 35%

Recent updates

Hanwha Corporation (KOSE:A000880) made a proposal to acquire Austal Limited (ASX:ASB) for AUD 1 billion

Hanwha's Bid for Austal Rejected by Target's Board

Price target increased by 9.0% to AU$2.68

Austal Limited Announces Resignation of Michael McCormack as Non-Executive Director, Effective 31 March 2024

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.02 loss in 1H 2023)

Austal Limited to Report First Half, 2024 Results on Feb 23, 2024

Now 22% overvalued after recent price rise

What You Can Learn From Austal Limited's (ASX:ASB) P/S

Austal Limited, Annual General Meeting, Oct 26, 2023

Upcoming dividend of AU$0.03 per share at 3.1% yield

Austal (ASX:ASB) Has Announced That Its Dividend Will Be Reduced To A$0.03

Price target decreased by 7.3% to AU$2.28

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Austal Limited to Report Fiscal Year 2023 Results on Aug 31, 2023

A Look At The Fair Value Of Austal Limited (ASX:ASB)

Consensus EPS estimates fall from profit to AU$0.038 loss

Austal Limited Revises Earnings Guidance for the Fiscal Year 2023

Austal (ASX:ASB) Might Be Having Difficulty Using Its Capital Effectively

Investor sentiment improves as stock rises 16%

Price target increased by 16% to AU$2.35

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 20%

Upcoming dividend of AU$0.04 per share at 4.3% yield

Austal (ASX:ASB) Has Affirmed Its Dividend Of A$0.04

Consensus EPS estimates increase by 35%

Is Austal Limited (ASX:ASB) Worth AU$1.8 Based On Its Intrinsic Value?

Price target decreased by 11% to AU$2.26

Consensus forecasts updated

Austal Limited Announces Director Changes

Austal Limited Announces Board Changes

Austal Limited, Annual General Meeting, Nov 23, 2022

Austal Limited Announces ASIC Settlement Endorsement by Federal Court

Austal Limited Announces Future USNS Apalachicola Completes Acceptance Trials

Austal Limited Reaches Settlement with Australian Securities and Investments Commission

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Is Paying Out A Dividend Of A$0.04

Price target increased to AU$2.85

Austal Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on 13 October, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Austal Limited Upgrades EBIT Guidance for the Fiscal Year 2022

Price target increased to AU$2.38

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Investor sentiment improved over the past week

Price target decreased to AU$2.24

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Price target decreased to AU$2.42

First half 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited Provides Earnings Guidance for the Financial Year 2022

Jianglong Shipbuilding Co., Ltd. (SZSE:300589) acquired remaining 40% stake in Aulong Shipbuilding Co., Ltd. from Austal Limited (ASX:ASB) for AUD 4.2 million.

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Upcoming dividend of AU$0.04 per share

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.25 in FY 2020)

Investor sentiment deteriorated over the past week

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Price target decreased to AU$2.83

Austal Limited Revised Earnings Guidance for Fiscal 2021

Austal Limited Announces Commencement of Civil Penalty Proceedings by ASIC

We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)

Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?

How Does Austal Limited (ASX:ASB) Fare As A Dividend Stock?

Does Austal (ASX:ASB) Deserve A Spot On Your Watchlist?

Austal Limited (ASX:ASB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Austal (ASX:ASB) Has A Rock Solid Balance Sheet

Analysts update estimates

Price target lowered to AU$3.18

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition