Veris Future Growth
Future criteria checks 3/6
Veris is forecast to grow earnings and revenue by 93.8% and 4.3% per annum respectively. EPS is expected to grow by 59.6% per annum. Return on equity is forecast to be 11% in 3 years.
Key information
93.8%
Earnings growth rate
59.6%
EPS growth rate
Professional Services earnings growth | 15.5% |
Revenue growth rate | 4.3% |
Future return on equity | 11.0% |
Analyst coverage | Low |
Last updated | 28 Feb 2024 |
Recent future growth updates
Recent updates
Many Still Looking Away From Veris Limited (ASX:VRS)
Aug 01A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)
Jun 05Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger
May 03We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt
Mar 27Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues
Mar 01The Return Trends At Veris (ASX:VRS) Look Promising
Jan 19Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals
Mar 06Is Veris (ASX:VRS) Using Too Much Debt?
Jun 29Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?
May 14Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?
Mar 05Is Veris (ASX:VRS) Using Debt In A Risky Way?
Dec 22Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
6/30/2026 | 108 | N/A | 10 | 14 | 1 |
6/30/2025 | 106 | 3 | 9 | 13 | 1 |
6/30/2024 | 101 | 2 | 9 | 13 | 1 |
12/31/2023 | 97 | 1 | 3 | 6 | N/A |
9/30/2023 | 99 | 1 | 3 | 7 | N/A |
6/30/2023 | 101 | 1 | 4 | 8 | N/A |
12/31/2022 | 102 | 3 | 5 | 9 | N/A |
9/30/2022 | 97 | 2 | 2 | 6 | N/A |
6/30/2022 | 92 | 1 | -1 | 4 | N/A |
3/31/2022 | 87 | -2 | N/A | N/A | N/A |
12/31/2021 | 81 | -4 | -1 | 2 | N/A |
9/30/2021 | 79 | -3 | 2 | 4 | N/A |
6/30/2021 | 77 | -2 | 4 | 7 | N/A |
12/31/2020 | 83 | -10 | 6 | 12 | N/A |
9/30/2020 | 88 | -16 | 4 | 9 | N/A |
6/30/2020 | 94 | -23 | 1 | 6 | N/A |
12/31/2019 | 104 | -17 | -1 | 0 | N/A |
9/30/2019 | 106 | -29 | 2 | 3 | N/A |
6/30/2019 | 108 | -41 | 4 | 6 | N/A |
3/31/2019 | 111 | -38 | N/A | N/A | N/A |
12/31/2018 | 114 | -36 | 5 | 8 | N/A |
9/30/2018 | 111 | -19 | 1 | 4 | N/A |
6/30/2018 | 107 | -1 | -2 | 0 | N/A |
3/31/2018 | 98 | -1 | 1 | 2 | N/A |
12/31/2017 | 88 | 0 | 3 | 5 | N/A |
9/30/2017 | 81 | -1 | N/A | 5 | N/A |
6/30/2017 | 74 | -1 | N/A | 6 | N/A |
3/31/2017 | 82 | 1 | N/A | 9 | N/A |
12/31/2016 | 90 | 3 | N/A | 11 | N/A |
9/30/2016 | 105 | 11 | N/A | 14 | N/A |
6/30/2016 | 121 | 20 | N/A | 16 | N/A |
3/31/2016 | 110 | 13 | N/A | 12 | N/A |
12/31/2015 | 99 | 7 | N/A | 7 | N/A |
9/30/2015 | 84 | -1 | N/A | 10 | N/A |
6/30/2015 | 69 | -9 | N/A | 12 | N/A |
3/31/2015 | 70 | -4 | N/A | 12 | N/A |
12/31/2014 | 72 | 1 | N/A | 12 | N/A |
9/30/2014 | 93 | 3 | N/A | 9 | N/A |
6/30/2014 | 113 | 5 | N/A | 6 | N/A |
3/31/2014 | 125 | 6 | N/A | 6 | N/A |
12/31/2013 | 137 | 7 | N/A | 6 | N/A |
9/30/2013 | 125 | 6 | N/A | 7 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRS's forecast earnings growth (93.8% per year) is above the savings rate (2.4%).
Earnings vs Market: VRS's earnings (93.8% per year) are forecast to grow faster than the Australian market (13.5% per year).
High Growth Earnings: VRS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VRS's revenue (4.3% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: VRS's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VRS's Return on Equity is forecast to be low in 3 years time (11%).