Resource Development Group Future Growth
Future criteria checks 1/6
Resource Development Group's earnings are forecast to decline at 34.1% per annum while its annual revenue is expected to grow at 16% per year. EPS is expected to decline by 34.3% per annum. Return on equity is forecast to be 7% in 3 years.
Key information
-34.1%
Earnings growth rate
-34.3%
EPS growth rate
| Construction earnings growth | 17.8% |
| Revenue growth rate | 16.0% |
| Future return on equity | 7.0% |
| Analyst coverage | Low |
| Last updated | 03 Mar 2024 |
Recent future growth updates
Recent updates
Resource Development Group (ASX:RDG) Takes On Some Risk With Its Use Of Debt
Mar 19
Resource Development Group Limited's (ASX:RDG) Low P/E No Reason For Excitement
Dec 20Upgrade: Analysts Just Made A Stunning Increase To Their Resource Development Group Limited (ASX:RDG) Forecasts
Oct 26Is There Now An Opportunity In Resource Development Group Limited (ASX:RDG)?
Oct 04Is Now The Time To Put Resource Development Group (ASX:RDG) On Your Watchlist?
May 05Can Resource Development Group Limited (ASX:RDG) Improve Its Returns?
Mar 19Here's Why We Don't Think Resource Development Group's (ASX:RDG) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 140 | 3 | 8 | 10 | 1 |
| 6/30/2025 | 151 | 16 | 30 | 33 | 1 |
| 6/30/2024 | 127 | 15 | 16 | 35 | 1 |
| 12/31/2023 | 85 | 14 | 0 | 27 | N/A |
| 9/30/2023 | 70 | 14 | -9 | 18 | N/A |
| 6/30/2023 | 56 | 14 | -18 | 9 | N/A |
| 12/31/2022 | 47 | 9 | -20 | 2 | N/A |
| 9/30/2022 | 49 | 6 | -17 | 3 | N/A |
| 6/30/2022 | 51 | 4 | -14 | 5 | N/A |
| 12/31/2021 | 73 | 1 | -5 | 8 | N/A |
| 9/30/2021 | 70 | 1 | 3 | 12 | N/A |
| 6/30/2021 | 67 | 0 | 12 | 17 | N/A |
| 12/31/2020 | 31 | 0 | 9 | 9 | N/A |
| 9/30/2020 | 26 | 0 | 4 | 5 | N/A |
| 6/30/2020 | 21 | 0 | 0 | 0 | N/A |
| 6/30/2019 | 39 | -2 | 4 | 5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDG's earnings are forecast to decline over the next 3 years (-34.1% per year).
Earnings vs Market: RDG's earnings are forecast to decline over the next 3 years (-34.1% per year).
High Growth Earnings: RDG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RDG's revenue (16% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: RDG's revenue (16% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDG's Return on Equity is forecast to be low in 3 years time (7%).