Matrix Composites & Engineering Future Growth
Future criteria checks 4/6
Matrix Composites & Engineering is forecast to grow earnings and revenue by 114.1% and 13.6% per annum respectively. EPS is expected to grow by 100% per annum. Return on equity is forecast to be 9.5% in 3 years.
Key information
114.1%
Earnings growth rate
100.0%
EPS growth rate
| Energy Services earnings growth | 17.0% |
| Revenue growth rate | 13.6% |
| Future return on equity | 9.5% |
| Analyst coverage | Low |
| Last updated | 02 May 2024 |
Recent future growth updates
Recent updates
Matrix Composites & Engineering (ASX:MCE) Has Debt But No Earnings; Should You Worry?
Feb 29
Investors Still Aren't Entirely Convinced By Matrix Composites & Engineering Ltd's (ASX:MCE) Revenues Despite 26% Price Jump
Dec 15Is Matrix Composites & Engineering (ASX:MCE) Using Debt Sensibly?
Oct 31Calculating The Intrinsic Value Of Matrix Composites & Engineering Ltd (ASX:MCE)
Jun 21Does Matrix Composites & Engineering (ASX:MCE) Have A Healthy Balance Sheet?
Mar 15Matrix Composites & Engineering (ASX:MCE) Is In A Good Position To Deliver On Growth Plans
Nov 29We Think Matrix Composites & Engineering (ASX:MCE) Needs To Drive Business Growth Carefully
Aug 16Will Matrix Composites & Engineering (ASX:MCE) Spend Its Cash Wisely?
Apr 06How Much Are Matrix Composites & Engineering Ltd (ASX:MCE) Insiders Spending On Buying Shares?
Feb 28How Does Matrix Composites & Engineering's (ASX:MCE) CEO Pay Compare With Company Performance?
Jan 06Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 95 | 3 | 10 | 11 | 1 |
| 6/30/2025 | 91 | 2 | 11 | 13 | 1 |
| 6/30/2024 | 85 | N/A | 1 | -3 | 1 |
| 12/31/2023 | 62 | -5 | -3 | 1 | N/A |
| 9/30/2023 | 55 | 2 | -7 | -4 | N/A |
| 6/30/2023 | 47 | 9 | -12 | -9 | N/A |
| 3/31/2023 | 37 | 9 | -9 | -7 | N/A |
| 12/31/2022 | 27 | 9 | -7 | -5 | N/A |
| 9/30/2022 | 28 | 2 | -6 | -4 | N/A |
| 6/30/2022 | 29 | -5 | -6 | -4 | N/A |
| 3/31/2022 | 26 | -15 | -6 | -4 | N/A |
| 12/31/2021 | 23 | -25 | -6 | -4 | N/A |
| 9/30/2021 | 20 | -26 | -7 | -4 | N/A |
| 6/30/2021 | 18 | -28 | -7 | -4 | N/A |
| 3/31/2021 | 15 | -49 | -5 | -3 | N/A |
| 12/31/2020 | 13 | -71 | -4 | -2 | N/A |
| 9/30/2020 | 20 | -69 | -6 | -4 | N/A |
| 6/30/2020 | 27 | -68 | -8 | -6 | N/A |
| 3/31/2020 | 38 | -36 | -9 | -6 | N/A |
| 12/31/2019 | 49 | -8 | -11 | -7 | N/A |
| 9/30/2019 | 44 | -8 | -9 | -5 | N/A |
| 6/30/2019 | 38 | -9 | -7 | -4 | N/A |
| 3/31/2019 | 29 | -11 | -7 | -3 | N/A |
| 12/31/2018 | 19 | -14 | -8 | -3 | N/A |
| 9/30/2018 | 19 | -15 | -8 | -3 | N/A |
| 6/30/2018 | 20 | -15 | -9 | -4 | N/A |
| 3/31/2018 | 21 | -15 | -4 | -1 | N/A |
| 12/31/2017 | 22 | -14 | 1 | 3 | N/A |
| 9/30/2017 | 28 | -17 | N/A | 7 | N/A |
| 6/30/2017 | 33 | -20 | N/A | 11 | N/A |
| 3/31/2017 | 44 | -18 | N/A | 11 | N/A |
| 12/31/2016 | 55 | -16 | N/A | 11 | N/A |
| 9/30/2016 | 75 | -9 | N/A | 7 | N/A |
| 6/30/2016 | 96 | -2 | N/A | 3 | N/A |
| 3/31/2016 | 112 | -1 | N/A | -5 | N/A |
| 12/31/2015 | 129 | 1 | N/A | -12 | N/A |
| 9/30/2015 | 137 | 2 | N/A | -4 | N/A |
| 6/30/2015 | 144 | 4 | N/A | 4 | N/A |
| 3/31/2015 | 158 | 5 | N/A | 14 | N/A |
| 12/31/2014 | 172 | 6 | N/A | 24 | N/A |
| 9/30/2014 | 165 | 5 | N/A | 20 | N/A |
| 6/30/2014 | 159 | 3 | N/A | 16 | N/A |
| 3/31/2014 | 144 | 0 | N/A | 14 | N/A |
| 12/31/2013 | 129 | -3 | N/A | 12 | N/A |
| 9/30/2013 | 137 | -3 | N/A | 5 | N/A |
| 6/30/2013 | 145 | -3 | N/A | -2 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: MCE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MCE is expected to become profitable in the next 3 years.
Revenue vs Market: MCE's revenue (13.6% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: MCE's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCE's Return on Equity is forecast to be low in 3 years time (9.5%).