Coventry Group Future Growth

Future criteria checks 4/6

Coventry Group is forecast to grow earnings and revenue by 46.4% and 7.1% per annum respectively. EPS is expected to grow by 45.6% per annum. Return on equity is forecast to be 7.3% in 3 years.

Key information

46.4%

Earnings growth rate

45.6%

EPS growth rate

Trade Distributors earnings growth	13.4%
Revenue growth rate	7.1%
Future return on equity	7.3%
Analyst coverage	Low
Last updated	28 Oct 2024

Recent future growth updates

Recent updates

It's Unlikely That Coventry Group Ltd's (ASX:CYG) CEO Will See A Huge Pay Rise This Year

Oct 14

Coventry Group (ASX:CYG) Has Affirmed Its Dividend Of A$0.035

Aug 29

What Is Coventry Group Ltd's (ASX:CYG) Share Price Doing?

Aug 17

Market Participants Recognise Coventry Group Ltd's (ASX:CYG) Earnings

Nov 03

Coventry Group (ASX:CYG) Has A Pretty Healthy Balance Sheet

Sep 20

Coventry Group (ASX:CYG) Has Announced That It Will Be Increasing Its Dividend To A$0.035

Aug 29

Shareholders Would Not Be Objecting To Coventry Group Ltd's (ASX:CYG) CEO Compensation And Here's Why

Oct 15

Is Coventry Group (ASX:CYG) A Risky Investment?

Mar 15

Do Fundamentals Have Any Role To Play In Driving Coventry Group Ltd's (ASX:CYG) Stock Up Recently?

Feb 08

How Much Did Coventry Group's(ASX:CYG) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 04

These 4 Measures Indicate That Coventry Group (ASX:CYG) Is Using Debt Extensively

Nov 30

Earnings and Revenue Growth Forecasts

ASX:CYG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	461	12	10	33	1
6/30/2026	434	11	8	30	1
6/30/2025	406	8	5	27	1
6/30/2024	371	1	13	19	N/A
3/31/2024	370	1	13	18	N/A
12/31/2023	368	1	13	17	N/A
9/30/2023	364	2	14	18	N/A
6/30/2023	359	2	15	19	N/A
3/31/2023	350	3	16	20	N/A
12/31/2022	341	4	18	21	N/A
9/30/2022	332	4	12	16	N/A
6/30/2022	322	5	6	11	N/A
3/31/2022	315	7	2	6	N/A
12/31/2021	308	9	-3	1	N/A
9/30/2021	298	8	0	4	N/A
6/30/2021	289	7	3	7	N/A
3/31/2021	276	3	7	10	N/A
12/31/2020	263	-1	10	12	N/A
9/30/2020	255	-1	10	13	N/A
6/30/2020	248	0	10	13	N/A
3/31/2020	241	1	4	7	N/A
12/31/2019	235	3	-2	1	N/A
9/30/2019	219	1	-4	-1	N/A
6/30/2019	202	-1	-6	-4	N/A
12/31/2018	174	-5	-3	-1	N/A
9/30/2018	171	-7	-5	-3	N/A
6/30/2018	168	-9	-6	-4	N/A
12/31/2017	158	-20	N/A	-3	N/A
9/30/2017	155	-29	N/A	-4	N/A
6/30/2017	151	-38	N/A	-5	N/A
3/31/2017	156	-32	N/A	N/A	N/A
12/31/2016	161	-25	N/A	-8	N/A
9/30/2016	169	-14	N/A	-5	N/A
6/30/2016	177	-3	N/A	-2	N/A
3/31/2016	180	-12	N/A	-6	N/A
12/31/2015	183	-21	N/A	-11	N/A
9/30/2015	187	-22	N/A	-14	N/A
6/30/2015	191	-24	N/A	-18	N/A
12/31/2014	198	-2	N/A	-7	N/A
9/30/2014	202	-1	N/A	-1	N/A
6/30/2014	206	1	N/A	5	N/A
3/31/2014	216	1	N/A	9	N/A
12/31/2013	221	2	N/A	12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYG's forecast earnings growth (46.4% per year) is above the savings rate (2.6%).

Earnings vs Market: CYG's earnings (46.4% per year) are forecast to grow faster than the Australian market (12.4% per year).

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

Revenue vs Market: CYG's revenue (7.1% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: CYG's revenue (7.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CYG's Return on Equity is forecast to be low in 3 years time (7.3%).

Coventry Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Price target decreased by 7.5% to AU$1.85

Price target increased by 11% to AU$2.00

Price target decreased by 7.3% to AU$1.40

Coventry Group Ltd Provides Group Earnings Guidance for the Second Quarter and First Half of Fiscal Year 2024

Price target decreased by 16% to AU$1.49

Recent updates

Now 25% overvalued after recent price rise

Consensus EPS estimates fall by 12%

Coventry Group Ltd, Annual General Meeting, Oct 25, 2024

Upcoming dividend of AU$0.037 per share

Coventry Group (ASX:CYG) Is Looking To Continue Growing Its Returns On Capital

New minor risk - Market cap size

Now 21% overvalued

Coventry Group Ltd Declares Dividend for the Twelve Months Ended 30 June 2024, Payable on 11 October 2024

Dividend of AU$0.037 announced

Price target decreased by 7.5% to AU$1.85

Full year 2024 earnings released: EPS: AU$0.007 (vs AU$0.027 in FY 2023)

Coventry Group Ltd to Report Fiscal Year 2024 Results on Aug 21, 2024

Take Care Before Diving Into The Deep End On Coventry Group Ltd (ASX:CYG)

Price target increased by 11% to AU$2.00

Now 24% overvalued

New minor risk - Dividend sustainability

Less than half of directors are independent

Coventry Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.100082 million.

Coventry Group Ltd (ASX:CYG) completed the acquisition of Steel Masters Auckland Limited.

It's A Story Of Risk Vs Reward With Coventry Group Ltd (ASX:CYG)

Coventry Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.999998 million.

Coventry Group Ltd has filed a Follow-on Equity Offering.

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.017 profit in 1H 2023)

Coventry Group Ltd to Report Q2, 2024 Results on Feb 23, 2024

Price target decreased by 7.3% to AU$1.40

Coventry Group Ltd Provides Group Earnings Guidance for the Second Quarter and First Half of Fiscal Year 2024

New major risk - Shareholder dilution

It's Unlikely That Coventry Group Ltd's (ASX:CYG) CEO Will See A Huge Pay Rise This Year

Coventry Group Ltd. Announces Dividend for the Twelve Months Ended June 30, 2023, Payable on October 13, 2023

Upcoming dividend of AU$0.035 per share at 2.9% yield

Coventry Group (ASX:CYG) Has Affirmed Its Dividend Of A$0.035

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Coventry Group Ltd, Annual General Meeting, Oct 20, 2023

What Is Coventry Group Ltd's (ASX:CYG) Share Price Doing?

Coventry Group Ltd to Report Fiscal Year 2023 Results on Aug 25, 2023

Investor sentiment improves as stock rises 17%

Price target decreased by 16% to AU$1.49

First half 2023 earnings released

Market Participants Recognise Coventry Group Ltd's (ASX:CYG) Earnings

Coventry Group Provides Revenue Guidance for the First Quarter Ended September 30, 2022

Upcoming dividend of AU$0.035 per share

Coventry Group (ASX:CYG) Has A Pretty Healthy Balance Sheet

Coventry Group (ASX:CYG) Has Announced That It Will Be Increasing Its Dividend To A$0.035

Price target decreased to AU$1.65

Coventry Group Ltd Declares Final Fully Franked Dividend for the Fiscal Year 2022, Payment Date Is October 14, 2022

Coventry Group Ltd Declares Final Fully Franked Dividend for the Fiscal Year 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Price target decreased to AU$1.78

Consensus forecasts updated

Coventry Group Ltd Provides Earnings Guidance for the Year 2022

Coventry Group Ltd Appoints Alex White as A Non-Executive Director, Effective 1 March 2022

Investor sentiment improved over the past week

Price target increased to AU$2.19

Shareholders Would Not Be Objecting To Coventry Group Ltd's (ASX:CYG) CEO Compensation And Here's Why

Coventry Group Ltd Not to Provide Earnings Guidance for the Fiscal Year 2022

Coventry Group Ltd (ASX : CYG) completed the acquisition of Business and assets of Fluid Power Services Pty Ltd.

Is Coventry Group (ASX:CYG) A Risky Investment?

New 90-day high: AU$1.13

First half 2021 earnings released: EPS AU$0.025 (vs AU$0.023 in 1H 2020)

Do Fundamentals Have Any Role To Play In Driving Coventry Group Ltd's (ASX:CYG) Stock Up Recently?

New 90-day high: AU$1.10

How Much Did Coventry Group's(ASX:CYG) Shareholders Earn From Share Price Movements Over The Last Three Years?

New 90-day high: AU$0.98

New 90-day high: AU$0.97

Coventry Group Ltd (ASX:CYG) completed the acquisition of H.I.S. Hose Pty. Ltd.

These 4 Measures Indicate That Coventry Group (ASX:CYG) Is Using Debt Extensively

New 90-day high: AU$0.91

New 90-day high - AU$0.81