Worley Future Growth

Future criteria checks 3/6

Worley is forecast to grow earnings and revenue by 15.4% and 5.7% per annum respectively. EPS is expected to grow by 15.2% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

15.4%

Earnings growth rate

15.2%

EPS growth rate

Construction earnings growth	12.4%
Revenue growth rate	5.7%
Future return on equity	9.9%
Analyst coverage	Good
Last updated	09 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:WOR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	14,600	594	508	781	9
6/30/2026	13,735	530	517	751	11
6/30/2025	12,444	422	421	639	11
6/30/2024	11,800	303	587	682	N/A
3/31/2024	11,908	273	524	619	N/A
12/31/2023	12,015	242	460	556	N/A
9/30/2023	11,671	140	319	408	N/A
6/30/2023	11,326	37	178	260	N/A
3/31/2023	10,878	16	224	294	N/A
12/31/2022	10,429	-6	270	327	N/A
9/30/2022	10,065	83	267	322	N/A
6/30/2022	9,701	172	263	316	N/A
3/31/2022	9,505	156	280	343	N/A
12/31/2021	9,308	139	296	369	N/A
9/30/2021	9,414	111	375	451	N/A
6/30/2021	9,520	82	453	533	N/A
3/31/2021	10,273	80	618	694	N/A
12/31/2020	11,026	78	782	855	N/A
9/30/2020	12,039	124	774	842	N/A
6/30/2020	13,051	171	765	829	N/A
3/31/2020	12,100	178	583	636	N/A
12/31/2019	11,149	185	401	442	N/A
9/30/2019	9,018	169	300	339	N/A
6/30/2019	6,887	152	199	236	N/A
3/31/2019	5,973	147	198	236	N/A
12/31/2018	5,059	143	197	236	N/A
9/30/2018	4,945	103	207	248	N/A
6/30/2018	4,830	62	218	260	N/A
3/31/2018	4,866	50	N/A	234	N/A
12/31/2017	4,901	37	N/A	208	N/A
9/30/2017	5,057	35	N/A	143	N/A
6/30/2017	5,214	34	N/A	79	N/A
3/31/2017	5,764	16	N/A	71	N/A
12/31/2016	6,315	-2	N/A	63	N/A
9/30/2016	7,045	11	N/A	128	N/A
6/30/2016	7,775	24	N/A	192	N/A
3/31/2016	8,144	-56	N/A	205	N/A
12/31/2015	8,512	-136	N/A	217	N/A
9/30/2015	8,629	-95	N/A	234	N/A
6/30/2015	8,747	-55	N/A	251	N/A
3/31/2015	8,959	93	N/A	325	N/A
12/31/2014	9,170	241	N/A	399	N/A
9/30/2014	9,368	245	N/A	474	N/A
6/30/2014	9,566	249	N/A	550	N/A
3/31/2014	9,396	264	N/A	549	N/A
12/31/2013	9,225	279	N/A	549	N/A
9/30/2013	9,018	301	N/A	496	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WOR's forecast earnings growth (15.4% per year) is above the savings rate (2.4%).

Earnings vs Market: WOR's earnings (15.4% per year) are forecast to grow faster than the Australian market (12.2% per year).

High Growth Earnings: WOR's earnings are forecast to grow, but not significantly.

Revenue vs Market: WOR's revenue (5.7% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: WOR's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WOR's Return on Equity is forecast to be low in 3 years time (9.9%).

Worley Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Worley Limited Provides Revenue Guidance for the Year 2024

Worley Limited Provides Earnings Guidance for the Second Half 2022

Recent updates

Final dividend of AU$0.25 announced

Full year 2024 earnings released: EPS: AU$0.57 (vs AU$0.07 in FY 2023)

Now 23% undervalued

First half dividend of AU$0.25 announced

First half 2024 earnings released: EPS: AU$0.20 (vs AU$0.19 loss in 1H 2023)

Worley Limited to Report First Half, 2024 Results on Feb 28, 2024

Insufficient new directors

Airswift Global AS completed the acquisition of Energy Resourcing Australia Pty Limited from Worley Limited (ASX:WOR).

Worley Limited Provides Revenue Guidance for the Year 2024

Worley Limited Announces Final Dividend, Payable on 27 September 2023

Full year 2023 earnings released

Worley Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Worley Limited Announces Board Changes

Now 21% undervalued

CAM Industrial Solutions LLC completed the acquisition of Maintenance and Turnaround Business in North America from Worley Limited (ASX:WOR).

Now 21% undervalued

Worley on Lookout for Smaller Deals that Add to its Value

Insufficient new directors

First half 2023 earnings released: AU$0.19 loss per share (vs AU$0.15 profit in 1H 2022)

Worley Limited to Report First Half, 2023 Results on Feb 22, 2023

Worley Limited Announces Class Action Update

Full year 2022 earnings released: EPS: AU$0.33 (vs AU$0.16 in FY 2021)

Worley Limited, Annual General Meeting, Oct 21, 2022

Worley Limited (ASX:WOR) acquired Minera Mining Technologies.

High number of new directors

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Worley Limited Provides Earnings Guidance for the Second Half 2022

Worley Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Independent Non-Executive Director recently bought AU$55k worth of stock

Non Executive Director recently bought AU$58k worth of stock

Director Sharon Warburton has joined 5th company board

Director Sharon Warburton has joined 5th company board

Director Sharon Warburton has joined 5th company board

Director Sharon Warburton has joined 5th company board

Director Sharon Warburton has joined 5th company board

Full year 2021 earnings released

INEOS Extends Master Services Agreement with Worley Limited

Independent Non-Executive Director recently bought AU$75k worth of stock

Independent Non-Executive Director recently bought AU$75k worth of stock

First half 2021 earnings released: EPS AU$0.043 (vs AU$0.22 in 1H 2020)

1PointFive Selects Worley for FEED on Milestone Direct Air Capture Facility

Worley Limited Wins Global Professional Services Contract

Arundo Analytics and Worley Launch New AI Software Company

Investor sentiment deteriorated over the past week

CNOOC Petroleum Europe Limited (CNOOC Europe) Awards A Two-Year Contract to Worley

Cheniere Awards Worley Four Master Services Agreements

MSD Animal Health Awards Services Contract to Worley

Inter Pipeline Awards Worley Contract for the Heartland Petrochemical Complex

Worley Limited to Report First Half, 2021 Results on Feb 23, 2021

Worley Limited Announces Retirement of Tom Honan, Chief Financial Officer

Worley Limited Appoints Emma Stein as Independent Non-Executive Director

Independent Non-Executive Director recently bought AU$57k worth of stock

Market bids up stock over the past week

Independent Non-Executive Director recently bought AU$57k worth of stock

Market bids up stock over the past week

New 90-day high: AU$10.76

New 90-day high: AU$10.65

New 90-day high: AU$10.06

Drax Power Limited Awards Worley Services Contract for Carbon Capture Units

Earnings released

New 90-day low - AU$7.78

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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