Australian Finance Group Future Growth

Future criteria checks 3/6

Australian Finance Group is forecast to grow earnings and revenue by 19.6% and 7.9% per annum respectively. EPS is expected to grow by 19.3% per annum. Return on equity is forecast to be 19.4% in 3 years.

Key information

19.6%

Earnings growth rate

19.3%

EPS growth rate

Diversified Financial earnings growth	6.5%
Revenue growth rate	7.9%
Future return on equity	19.4%
Analyst coverage	Low
Last updated	03 Mar 2025

Recent future growth updates

Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Aug 26

Recent updates

Australian Finance Group's (ASX:AFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Mar 02

Investors Aren't Buying Australian Finance Group Limited's (ASX:AFG) Earnings

Feb 08

Australian Finance Group (ASX:AFG) Is Paying Out Less In Dividends Than Last Year

Aug 30

Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Aug 26

We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Nov 18

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To A$0.096

Aug 29

Australian Finance Group's (ASX:AFG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28

Here's Why We Think Australian Finance Group Limited's (ASX:AFG) CEO Compensation Looks Fair for the time being

Nov 19

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To AU$0.074

Sep 03

Here's What You Should Know About Australian Finance Group Limited's (ASX:AFG) 4.1% Dividend Yield

Mar 26

Should You Take Comfort From Insider Transactions At Australian Finance Group Limited (ASX:AFG)?

Feb 19

What Kind Of Investors Own Most Of Australian Finance Group Limited (ASX:AFG)?

Jan 29

Does Australian Finance Group's (ASX:AFG) CEO Salary Compare Well With Industry Peers?

Jan 08

Key Things To Consider Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Dec 18

Australian Finance Group (ASX:AFG) Has Gifted Shareholders With A Fantastic 230% Total Return On Their Investment

Nov 27

Read This Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Aug 12

Is Australian Finance Group Limited (ASX:AFG) A Good Fit For Your Dividend Portfolio?

Aug 12

Have Insiders Been Selling Australian Finance Group Limited (ASX:AFG) Shares?

Jul 17

Earnings and Revenue Growth Forecasts

ASX:AFG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	1,410	49	N/A	N/A	1
6/30/2026	1,331	42	N/A	N/A	1
6/30/2025	1,261	34	N/A	N/A	1
12/31/2024	1,134	30	27	38	N/A
9/30/2024	1,103	29	24	38	N/A
6/30/2024	1,072	29	21	39	N/A
3/31/2024	1,055	29	23	40	N/A
12/31/2023	1,037	30	25	42	N/A
9/30/2023	1,018	34	35	47	N/A
6/30/2023	1,000	37	45	52	N/A
3/31/2023	991	34	49	57	N/A
12/31/2022	982	31	53	62	N/A
9/30/2022	955	35	46	57	N/A
6/30/2022	928	39	39	52	N/A
3/31/2022	894	48	39	50	N/A
12/31/2021	859	56	38	48	N/A
9/30/2021	803	54	45	53	N/A
6/30/2021	747	51	52	59	N/A
3/31/2021	726	48	48	54	N/A
12/31/2020	705	45	45	49	N/A
9/30/2020	688	41	41	45	N/A
6/30/2020	672	38	37	40	N/A
3/31/2020	663	36	34	36	N/A
12/31/2019	653	35	30	32	N/A
9/30/2019	648	34	29	30	N/A
6/30/2019	643	33	27	28	N/A
3/31/2019	628	33	28	29	N/A
12/31/2018	613	33	29	30	N/A
9/30/2018	608	33	N/A	31	N/A
6/30/2018	603	33	N/A	32	N/A
3/31/2018	607	38	N/A	31	N/A
12/31/2017	611	42	N/A	30	N/A
9/30/2017	599	41	N/A	28	N/A
6/30/2017	586	39	N/A	27	N/A
3/31/2017	556	32	N/A	26	N/A
12/31/2016	527	24	N/A	26	N/A
9/30/2016	528	23	N/A	31	N/A
6/30/2016	529	23	N/A	36	N/A
12/31/2015	540	18	N/A	21	N/A
9/30/2015	526	17	N/A	14	N/A
6/30/2015	511	15	N/A	8	N/A
6/30/2014	440	17	N/A	17	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AFG's forecast earnings growth (19.6% per year) is above the savings rate (2.7%).

Earnings vs Market: AFG's earnings (19.6% per year) are forecast to grow faster than the Australian market (12.1% per year).

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

Revenue vs Market: AFG's revenue (7.9% per year) is forecast to grow faster than the Australian market (6% per year).

High Growth Revenue: AFG's revenue (7.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AFG's Return on Equity is forecast to be low in 3 years time (19.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/20 09:01
End of Day Share Price	2025/03/20 00:00
Earnings	2024/12/31
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Australian Finance Group Limited is covered by 5 analysts. 2 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
Thomas Strong	Citigroup Inc
Thomas Strong	Citigroup Inc
Tim Lawson	Macquarie Research

Australian Finance Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 7.1% to AU$1.75

Price target increased by 7.7% to AU$1.72

Price target decreased by 14% to AU$1.64

Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Consensus revenue estimates decrease by 12%

Price target decreased by 8.5% to AU$1.99

Recent updates

First half dividend reduced to AU$0.038

Insufficient new directors

Australian Finance Group Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2024, Payable on April 9, 2025

Now 23% undervalued

Price target increased by 7.1% to AU$1.75

Australian Finance Group Limited to Report First Half, 2025 Results on Feb 28, 2025

Australian Finance Group Limited (ASX:AFG) acquired remaining 16.70% stake in National Finance Alliance Pty Ltd for AUD 11.4 million.

Australian Finance Group Limited, Annual General Meeting, Oct 18, 2024

Final dividend reduced to AU$0.04

New major risk - Revenue and earnings growth

Full year 2024 earnings: EPS and revenues miss analyst expectations

Australian Finance Group Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

Now 23% overvalued

Australian Finance Group's (ASX:AFG) Shareholders Will Receive A Smaller Dividend Than Last Year

First half 2024 earnings released: EPS: AU$0.053 (vs AU$0.081 in 1H 2023)

Price target increased by 7.7% to AU$1.72

Investors Aren't Buying Australian Finance Group Limited's (ASX:AFG) Earnings

Australian Finance Group Limited to Report First Half, 2024 Results on Feb 29, 2024

Price target decreased by 14% to AU$1.64

Independent Non-Executive Director recently bought AU$60k worth of stock

Australian Finance Group (ASX:AFG) Is Paying Out Less In Dividends Than Last Year

Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Australian Finance Group Limited, Annual General Meeting, Nov 24, 2023

Australian Finance Group Limited to Report Fiscal Year 2023 Results on Aug 25, 2023

Consensus revenue estimates decrease by 12%

Price target decreased by 8.5% to AU$1.99

Upcoming dividend of AU$0.066 per share at 11% yield

First half 2023 earnings released: EPS: AU$0.081 (vs AU$0.11 in 1H 2022)

Australian Finance Group Limited to Report First Half, 2023 Results on Feb 24, 2023

Co-Founder & Non-Executive Director recently sold AU$595k worth of stock

We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Now 21% undervalued

Australian Finance Group Limited Appoints Luca Pietropiccolo as Chief Financial Officer

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To A$0.096

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Australian Finance Group Limited Recommends a Fully Franked Final Dividend for the Year Ending June 30, 2022, Payable on September 22, 2022

Australian Finance Group Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Now 22% undervalued after recent price drop

Australian Finance Group Limited Announces Stepdown of Melanie Kiely from Non-Executive Director

Now 21% undervalued after recent price drop

Australian Finance Group Limited Announces the Resignation of Ben Jenkins as CFO

Price target decreased to AU$2.89

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought AU$439k worth of stock

Price target decreased to AU$2.88

Australian Finance Group's (ASX:AFG) Upcoming Dividend Will Be Larger Than Last Year's

Consensus forecasts updated

Australian Finance Group Limited Recommends an Interim Dividend for the Half-Year Ended 31 December 2021, Payable on 24 March 2022

Australian Finance Group Limited to Report First Half, 2022 Results on Feb 25, 2022

Australian Finance Group Limited Appoints Annette King as Director

Now 25% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$617k worth of stock

Australian Finance Group Limited (ASX:AFG) completed the acquisition of a 75% stake in National Finance Alliance Pty Ltd.

Independent Non Executive Chairman recently sold AU$236k worth of stock

Australian Finance Group Limited (ASX:AFG) agreed to acquire a 75% stake in National Finance Alliance Pty Ltd for AUD 52.5 million.

Here's Why We Think Australian Finance Group Limited's (ASX:AFG) CEO Compensation Looks Fair for the time being

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To AU$0.074

Price target increased to AU$3.39

Upcoming dividend of AU$0.074 per share

Full year 2021 earnings released: EPS AU$0.19 (vs AU$0.17 in FY 2020)

Price target increased to AU$3.12

Here's What You Should Know About Australian Finance Group Limited's (ASX:AFG) 4.1% Dividend Yield

First half 2021 earnings released: EPS AU$0.093 (vs AU$0.085 in 1H 2020)

Should You Take Comfort From Insider Transactions At Australian Finance Group Limited (ASX:AFG)?

New 90-day high: AU$2.87

Australian Finance Group Limited to Report First Half, 2021 Results on Feb 26, 2021

What Kind Of Investors Own Most Of Australian Finance Group Limited (ASX:AFG)?

New 90-day high: AU$2.78