VEEM Future Growth
Future criteria checks 2/6
VEEM is forecast to grow earnings and revenue by 11.3% and 9.4% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 13.3% in 3 years.
Key information
11.3%
Earnings growth rate
11.8%
EPS growth rate
| Machinery earnings growth | 33.9% |
| Revenue growth rate | 9.4% |
| Future return on equity | 13.3% |
| Analyst coverage | Low |
| Last updated | 19 Dec 2024 |
Recent future growth updates
Recent updates
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Nov 29
Here's Why We Think VEEM (ASX:VEE) Is Well Worth Watching
Nov 15At AU$1.36, Is It Time To Put VEEM Ltd (ASX:VEE) On Your Watch List?
Sep 26VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Apr 16When Should You Buy VEEM Ltd (ASX:VEE)?
Mar 14Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%
Mar 14VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 25Returns On Capital At VEEM (ASX:VEE) Have Stalled
Jan 22Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%
Dec 18These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well
Nov 16Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)
Sep 21Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?
Aug 19Is VEEM (ASX:VEE) Using Too Much Debt?
Jun 26Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Jan 24Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?
Dec 12Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All
Nov 16VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet
Oct 17Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Aug 16Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?
Jul 10VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Jun 19Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 03Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital
Mar 15I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease
Sep 05VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 06With EPS Growth And More, VEEM (ASX:VEE) Is Interesting
Jun 03Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 13Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?
Mar 09Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?
Feb 22What Does VEEM's (ASX:VEE) CEO Pay Reveal?
Feb 05
Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?
Jan 21VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 06We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide
Dec 22Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture
Dec 08The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More
Nov 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 101 | 8 | N/A | 12 | 1 |
| 6/30/2026 | 91 | 6 | N/A | 6 | 1 |
| 6/30/2025 | 72 | 3 | N/A | 11 | 1 |
| 6/30/2024 | 81 | 7 | 5 | 8 | N/A |
| 3/31/2024 | 75 | 6 | 5 | 8 | N/A |
| 12/31/2023 | 70 | 6 | 4 | 9 | N/A |
| 9/30/2023 | 65 | 5 | 3 | 8 | N/A |
| 6/30/2023 | 60 | 4 | 1 | 5 | N/A |
| 3/31/2023 | 58 | 3 | 0 | 4 | N/A |
| 12/31/2022 | 56 | 3 | -1 | 3 | N/A |
| 9/30/2022 | 55 | 2 | -2 | 3 | N/A |
| 6/30/2022 | 54 | 1 | -2 | 3 | N/A |
| 3/31/2022 | 56 | 2 | -2 | 3 | N/A |
| 12/31/2021 | 57 | 2 | -2 | 4 | N/A |
| 9/30/2021 | 58 | 4 | 0 | 5 | N/A |
| 6/30/2021 | 60 | 5 | 3 | 6 | N/A |
| 3/31/2021 | 56 | 5 | 5 | 8 | N/A |
| 12/31/2020 | 52 | 5 | 8 | 11 | N/A |
| 9/30/2020 | 48 | 4 | 6 | 8 | N/A |
| 6/30/2020 | 44 | 2 | 3 | 6 | N/A |
| 3/31/2020 | 45 | 3 | 3 | 5 | N/A |
| 12/31/2019 | 45 | 3 | 3 | 4 | N/A |
| 9/30/2019 | 45 | 3 | 5 | 6 | N/A |
| 6/30/2019 | 45 | 3 | 7 | 8 | N/A |
| 3/31/2019 | 43 | 2 | 4 | 4 | N/A |
| 12/31/2018 | 41 | 2 | 0 | 1 | N/A |
| 9/30/2018 | 41 | 2 | -2 | 0 | N/A |
| 6/30/2018 | 41 | 3 | -3 | -1 | N/A |
| 3/31/2018 | 39 | 3 | N/A | 1 | N/A |
| 12/31/2017 | 37 | 4 | N/A | 4 | N/A |
| 9/30/2017 | 38 | 4 | N/A | 3 | N/A |
| 6/30/2017 | 38 | 4 | N/A | 3 | N/A |
| 3/31/2017 | 42 | 4 | N/A | 4 | N/A |
| 12/31/2016 | 46 | 4 | N/A | 4 | N/A |
| 9/30/2016 | 43 | 5 | N/A | 6 | N/A |
| 6/30/2016 | 41 | 5 | N/A | 8 | N/A |
| 6/30/2015 | 38 | 4 | N/A | 8 | N/A |
| 6/30/2014 | 40 | 5 | N/A | 7 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VEE's forecast earnings growth (11.3% per year) is above the savings rate (2.6%).
Earnings vs Market: VEE's earnings (11.3% per year) are forecast to grow slower than the Australian market (12.6% per year).
High Growth Earnings: VEE's earnings are forecast to grow, but not significantly.
Revenue vs Market: VEE's revenue (9.4% per year) is forecast to grow faster than the Australian market (5.8% per year).
High Growth Revenue: VEE's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VEE's Return on Equity is forecast to be low in 3 years time (13.3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
VEEM Ltd is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Lu | Morgans Financial Limited |