Close the Loop Future Growth
Future criteria checks 2/6
Close the Loop is forecast to grow earnings and revenue by 14.3% and 4.7% per annum respectively. EPS is expected to grow by 12.9% per annum. Return on equity is forecast to be 18% in 3 years.
Key information
14.3%
Earnings growth rate
12.9%
EPS growth rate
Commercial Services earnings growth | 11.3% |
Revenue growth rate | 4.7% |
Future return on equity | 18.0% |
Analyst coverage | Low |
Last updated | 27 Aug 2024 |
Recent future growth updates
Recent updates
Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet
Aug 27Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly
Apr 25Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings
Dec 29Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger
May 03We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated
Mar 02Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?
Jan 11Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark
Oct 04Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
6/30/2027 | 265 | 21 | 21 | 41 | 2 |
6/30/2026 | 249 | 19 | 21 | 39 | 2 |
6/30/2025 | 231 | 14 | 14 | 29 | 2 |
6/30/2024 | 213 | 11 | 12 | 22 | N/A |
3/31/2024 | 197 | 12 | 12 | 25 | N/A |
12/31/2023 | 180 | 13 | 12 | 29 | N/A |
9/30/2023 | 158 | 13 | 10 | 26 | N/A |
6/30/2023 | 136 | 12 | 7 | 23 | N/A |
3/31/2023 | 122 | 10 | 4 | 13 | N/A |
12/31/2022 | 108 | 8 | 2 | 4 | N/A |
9/30/2022 | 89 | 6 | -1 | 0 | N/A |
6/30/2022 | 70 | 5 | -4 | -3 | N/A |
3/31/2022 | 52 | 4 | -1 | 0 | N/A |
12/31/2021 | 34 | 3 | 2 | 3 | N/A |
9/30/2021 | 30 | 4 | 4 | 4 | N/A |
6/30/2021 | 27 | 4 | 6 | 6 | N/A |
6/30/2020 | 33 | -4 | 1 | 3 | N/A |
6/30/2019 | 35 | -10 | -3 | -1 | N/A |
6/30/2018 | 34 | 1 | -2 | 3 | N/A |
6/30/2017 | 33 | 2 | N/A | 0 | N/A |
6/30/2016 | 29 | 1 | N/A | 2 | N/A |
6/30/2015 | 27 | 3 | N/A | 4 | N/A |
6/30/2014 | 25 | 2 | N/A | 1 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLG's forecast earnings growth (14.3% per year) is above the savings rate (2.4%).
Earnings vs Market: CLG's earnings (14.3% per year) are forecast to grow faster than the Australian market (12.3% per year).
High Growth Earnings: CLG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLG's revenue (4.7% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: CLG's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLG's Return on Equity is forecast to be low in 3 years time (18%).