InvoCare Future Growth

Future criteria checks 4/6

InvoCare is forecast to grow earnings and revenue by 40% and 5.7% per annum respectively. EPS is expected to grow by 37.2% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

40.0%

Earnings growth rate

37.2%

EPS growth rate

Consumer Services earnings growth	18.6%
Revenue growth rate	5.7%
Future return on equity	9.9%
Analyst coverage	Good
Last updated	25 Oct 2023

Recent future growth updates

Recent updates

Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden

Apr 24

InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around

Feb 27

InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price

Nov 02

InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate

Nov 04

Is InvoCare (ASX:IVC) A Risky Investment?

Sep 20

There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital

Aug 30

Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?

Jul 06

When Should You Buy InvoCare Limited (ASX:IVC)?

May 11

InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively

Apr 18

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Mar 14

InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years

Feb 16

Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?

Jan 29

How Does InvoCare Limited (ASX:IVC) Fare As A Dividend Stock?

Jan 11

Is InvoCare (ASX:IVC) A Risky Investment?

Dec 24

InvoCare Limited's (ASX:IVC) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Dec 09

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Nov 23

Earnings and Revenue Growth Forecasts

ASX:IVC - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	683	60	52	104	4
12/31/2024	645	54	42	96	5
12/31/2023	618	48	7	77	2
6/30/2023	590	-38	-32	38	N/A
3/31/2023	591	-20	-13	54	N/A
12/31/2022	592	-2	6	70	N/A
9/30/2022	571	67	9	70	N/A
6/30/2022	553	78	11	70	N/A
3/31/2022	543	79	13	74	N/A
12/31/2021	532	80	15	78	N/A
9/30/2021	520	65	14	73	N/A
6/30/2021	508	50	13	68	N/A
3/31/2021	493	19	4	62	N/A
12/31/2020	478	-12	-5	56	N/A
9/30/2020	482	-3	-3	59	N/A
6/30/2020	486	5	-2	61	N/A
3/31/2020	493	34	-4	60	N/A
12/31/2019	500	64	-6	59	N/A
9/30/2019	499	63	-12	57	N/A
6/30/2019	498	62	-19	56	N/A
3/31/2019	489	51	-27	52	N/A
12/31/2018	481	41	-36	48	N/A
9/30/2018	475	59	-24	53	N/A
6/30/2018	470	77	-12	58	N/A
3/31/2018	468	87	8	67	N/A
12/31/2017	466	97	28	76	N/A
9/30/2017	465	91	41	81	N/A
6/30/2017	464	85	54	87	N/A
3/31/2017	463	78	N/A	82	N/A
12/31/2016	461	71	N/A	78	N/A
9/30/2016	457	68	N/A	70	N/A
6/30/2016	453	64	N/A	62	N/A
3/31/2016	450	60	N/A	63	N/A
12/31/2015	446	55	N/A	65	N/A
9/30/2015	439	54	N/A	65	N/A
6/30/2015	433	52	N/A	66	N/A
3/31/2015	426	53	N/A	68	N/A
12/31/2014	420	55	N/A	70	N/A
9/30/2014	412	51	N/A	69	N/A
6/30/2014	405	48	N/A	68	N/A
3/31/2014	398	49	N/A	70	N/A
12/31/2013	392	49	N/A	72	N/A
9/30/2013	388	47	N/A	67	N/A
6/30/2013	384	46	N/A	63	N/A
3/31/2013	380	45	N/A	58	N/A
12/31/2012	376	44	N/A	53	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IVC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: IVC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IVC is expected to become profitable in the next 3 years.

Revenue vs Market: IVC's revenue (5.7% per year) is forecast to grow faster than the Australian market (4% per year).

High Growth Revenue: IVC'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: IVC's Return on Equity is forecast to be low in 3 years time (9.9%).

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InvoCare Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 11% to AU$11.92

Price target decreased by 9.2% to AU$11.00

Consensus forecasts updated

Consensus forecasts updated

Price target increased to AU$12.43

Analysts update estimates

Recent updates

InvoCare Limited Ordinary Shares to Be Deleted from OTC Equity

InvoCare Intends to Apply for its Removal from the Official List of the ASX with Effect from Close of Trading on 27 November 2023

InvoCare Limited Announces Board Changes

TPG Global, LLC completed the acquisition of the remaining 82.8% stake in InvoCare Limited (ASX : IVC).

InvoCare Limited Announces Fully Franked Special Dividend, Payable on 16 November 2023

Upcoming dividend of AU$0.60 per share

First half 2023 earnings released: EPS: AU$0.031 (vs AU$0.29 in 1H 2022)

InvoCare Limited Not to Pay Interim Dividend for the Half Year Ended 30 June 2023

TPG Reportedly Seeks to Buy Invocare At Lower Price

InvoCare Limited (ASX:IVC) agreed to acquire remaining 17% stake in Lake Macquarie Memorial Park.

Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden

Price target increased by 11% to AU$11.92

Full year 2022 earnings: EPS misses analyst expectations

Price target decreased by 9.2% to AU$11.00

InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around

Now 27% undervalued after recent price drop

InvoCare Limited, Annual General Meeting, May 26, 2023

InvoCare Limited, Annual General Meeting, May 26, 2023

InvoCare Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Now 22% undervalued

InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price

Consensus forecasts updated

Does InvoCare (ASX:IVC) Have A Healthy Balance Sheet?

First half 2022 earnings released: AU$0.12 loss per share (vs AU$0.30 profit in 1H 2021)

InvoCare Limited Announces Fully Franked Ordinary Paid Dividend for the Six Months Ended June 30, 2022, Payable on October 6, 2022

Be Wary Of InvoCare (ASX:IVC) And Its Returns On Capital

InvoCare Limited to Report First Half, 2022 Results on Aug 29, 2022

Non-Executive Director recently bought AU$59k worth of stock

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

InvoCare (ASX:IVC) Takes On Some Risk With Its Use Of Debt

InvoCare Limited, Annual General Meeting, May 20, 2022

InvoCare Limited Declares Fully Franked Ordinary Dividend for the Period of Six Months Ended December 31, 2021, Payable on April 8, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

InvoCare (ASX:IVC) Will Want To Turn Around Its Return Trends

InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate

High number of new directors

Independent Non-Executive Director recently sold AU$120k worth of stock

Is InvoCare (ASX:IVC) A Risky Investment?

First half 2021 earnings released: EPS AU$0.31 (vs AU$0.14 loss in 1H 2020)

Price target increased to AU$12.43

There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital

Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?

MD, CEO & Director recently bought AU$161k worth of stock

Independent Non-Executive Director Jacqueline McArthur has left the company

When Should You Buy InvoCare Limited (ASX:IVC)?

InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively

Executive Officer has left the company

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Independent Non-Executive Director recently sold AU$335k worth of stock

Full year 2020 earnings released: AU$0.069 loss per share (vs AU$0.56 profit in FY 2019)

Revenue beats expectations, earnings disappoint

InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years

New 90-day low: AU$11.05

InvoCare Limited Announces Resignation of Ms. Robyn Stubbs as an Independent Non-Executive Director

Independent Non-Executive Director has left the company

Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?

InvoCare Limited Announces the Resignation of Ms. Robyn Stubbs as an Independent Non-Executive Director

New 90-day high: AU$11.84

How Does InvoCare Limited (ASX:IVC) Fare As A Dividend Stock?

Analysts update estimates

InvoCare Limited Announces Directorate Changes

New 90-day high: AU$11.78

Is InvoCare (ASX:IVC) A Risky Investment?

InvoCare Limited to Report Fiscal Year 2020 Results on Feb 24, 2021

InvoCare Limited's (ASX:IVC) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Invocare Limited Appoints Olivier Chretien as Chief Executive Officer, Effective January 1, 2021

Analysts update estimates