Ricegrowers Future Growth

Future criteria checks 1/6

Ricegrowers's revenue is forecast to decline at 0.9% per annum while its annual earnings are expected to grow at 9.8% per year. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 12% in 3 years.

Key information

9.8%

Earnings growth rate

7.9%

EPS growth rate

Food earnings growth	18.6%
Revenue growth rate	-0.9%
Future return on equity	12.0%
Analyst coverage	Low
Last updated	29 Sep 2024

Recent future growth updates

Recent updates

Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 29

Ricegrowers (ASX:SGLLV) Has Compensated Shareholders With A Respectable 87% Return On Their Investment

Feb 22

Does Ricegrowers' (ASX:SGLLV) Returns On Capital Reflect Well On The Business?

Feb 03

Is Ricegrowers (ASX:SGLLV) Using Too Much Debt?

Jan 21

Here's What You Should Know About Ricegrowers Limited's (ASX:SGLLV) 5.1% Dividend Yield

Jan 08

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

Dec 23

How Is Ricegrowers' (ASX:SGLLV) CEO Compensated?

Dec 10

Earnings and Revenue Growth Forecasts

ASX:SGLLV - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
4/30/2027	1,849	88	79	106	1
4/30/2026	1,822	75	94	120	2
4/30/2025	1,861	71	47	75	2
4/30/2024	1,879	63	81	103	N/A
1/31/2024	1,839	64	81	104	N/A
10/31/2023	1,798	65	82	104	N/A
7/31/2023	1,718	59	7	28	N/A
4/30/2023	1,638	53	-69	-49	N/A
1/31/2023	1,583	50	-84	-66	N/A
10/31/2022	1,527	48	-100	-82	N/A
7/31/2022	1,431	48	-46	-29	N/A
4/30/2022	1,334	48	8	24	N/A
1/31/2022	1,209	35	18	35	N/A
10/31/2021	1,084	23	29	45	N/A
7/31/2021	1,055	22	25	42	N/A
4/30/2021	1,026	21	20	39	N/A
1/31/2021	1,062	24	44	65	N/A
10/31/2020	1,099	26	68	90	N/A
7/31/2020	1,117	27	63	90	N/A
4/30/2020	1,135	27	58	90	N/A
1/31/2020	1,144	30	48	83	N/A
10/31/2019	1,153	33	37	77	N/A
7/31/2019	1,173	32	-6	34	N/A
4/30/2019	1,193	31	-50	-9	N/A
1/31/2019	1,204	32	-9	26	N/A
10/31/2018	1,215	33	32	62	N/A
7/31/2018	1,196	38	45	71	N/A
4/30/2018	1,177	43	59	80	N/A
1/31/2018	1,133	40	N/A	76	N/A
10/31/2017	1,089	36	N/A	71	N/A
7/31/2017	1,101	35	N/A	107	N/A
4/30/2017	1,112	34	N/A	142	N/A
1/31/2017	1,154	41	N/A	124	N/A
10/31/2016	1,196	48	N/A	107	N/A
7/31/2016	1,233	49	N/A	68	N/A
4/30/2016	1,270	49	N/A	29	N/A
1/31/2016	1,275	47	N/A	26	N/A
10/31/2015	1,281	46	N/A	23	N/A
7/31/2015	1,263	45	N/A	29	N/A
4/30/2015	1,245	43	N/A	36	N/A
1/31/2015	1,223	39	N/A	30	N/A
10/31/2014	1,200	35	N/A	25	N/A
7/31/2014	1,173	33	N/A	60	N/A
4/30/2014	1,146	30	N/A	95	N/A
1/31/2014	1,123	31	N/A	52	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SGLLV's forecast earnings growth (9.8% per year) is above the savings rate (2.6%).

Earnings vs Market: SGLLV's earnings (9.8% per year) are forecast to grow slower than the Australian market (12.4% per year).

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

Revenue vs Market: SGLLV's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: SGLLV's revenue is forecast to decline over the next 3 years (-0.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SGLLV's Return on Equity is forecast to be low in 3 years time (12%).

Ricegrowers Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 15% to AU$10.53

Ricegrowers Limited Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2024

Consensus EPS estimates increase by 18%

Consensus EPS estimates increase by 13%

Consensus revenue estimates increase by 17%

Price target increased to AU$8.86

Recent updates

Ricegrowers Limited (ASX:SGLLV) entered into an agreement to acquire SavourLife Pty Ltd and SavourLife IP Pty Ltd for AUD 20.3 million.

Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year

Final dividend increased to AU$0.45

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Shareholder dilution

Ricegrowers Limited to Report Fiscal Year 2024 Results on Jun 24, 2024

Price target increased by 15% to AU$10.53

First half 2024 earnings: EPS and revenues exceed analyst expectations

Ricegrowers Limited Announces Distribution for the Six Months Ended 31 October 2023, Payable on 25 January 2024

Ricegrowers Limited Appoints Paul Joseph Serra as Director

Ricegrowers Limited Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2024

Ricegrowers Limited Announces Director Leigh Vial Decides Not to Nominate to Board of Directors

New minor risk - Shareholder dilution

Leigh Vial Is Not Seeking Re-Election and Will Be Retiring as A Director for Ricegrowers Limited

Consensus EPS estimates increase by 18%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Ricegrowers Limited (ASX:SGLLV) entered into an agreement to acquire remaining 33.77% stake in Trukai Industries Limited from Melanesian Trustee Services Limited for AUD 17.5 million.

New minor risk - Financial data availability

Ricegrowers Limited to Report Q2, 2024 Results on Dec 14, 2023

Consensus EPS estimates increase by 13%

Ricegrowers (ASX:SGLLV) Will Pay A Dividend Of A$0.10

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Ricegrowers Limited Announces Distribution on SGLLV - Class B Limited-Voting Ordinary Fully Paid, Payable 27 January 2023

Less than half of directors are independent

Ricegrowers Limited Appoints John Bradford as Deputy Chair

Consensus revenue estimates increase by 17%

Now 20% undervalued

Ricegrowers Limited Announces Special Dividend for the Twelve Months Ended April 30, 2022, Payable on July 29, 2022

Price target increased to AU$8.86

Less than half of directors are independent

Ricegrowers Limited Provides Harvest Guidance for the Year 2022

Ricegrowers Limited Ordinary Shares to Be Deleted from Other OTC

Price target increased to AU$8.86

Ricegrowers Limited (ASX:SGLLV) entered into a securities purchase agreement to acquire Pryde's Easifeed Pty Ltd for AUD 38 million.

Price target increased to AU$8.25

First half 2022 earnings: EPS and revenues exceed analyst expectations

SunRice Group Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of AU$0.33 per share

Ricegrowers (ASX:SGLLV) Has Re-Affirmed Its Dividend Of AU$0.33

Full year 2021 earnings released: EPS AU$0.35 (vs AU$0.46 in FY 2020)

Ricegrowers Limited Provides Earnings Guidance for the Fiscal Year 2022

Ricegrowers (ASX:SGLLV) Will Be Looking To Turn Around Its Returns

Should You Buy Ricegrowers Limited (ASX:SGLLV) For Its Dividend?

Calculating The Intrinsic Value Of Ricegrowers Limited (ASX:SGLLV)

Ricegrowers (ASX:SGLLV) Has Compensated Shareholders With A Respectable 87% Return On Their Investment

Does Ricegrowers' (ASX:SGLLV) Returns On Capital Reflect Well On The Business?

New 90-day high: AU$7.10

Is Ricegrowers (ASX:SGLLV) Using Too Much Debt?

New 90-day high: AU$6.75

Here's What You Should Know About Ricegrowers Limited's (ASX:SGLLV) 5.1% Dividend Yield

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

SunRice Group Appoints Kate Cooper as Group Company Secretary and General Counsel, effective from 1 January 2021

First half 2021 earnings released: EPS AU$0.24

New 90-day high: AU$6.09

How Is Ricegrowers' (ASX:SGLLV) CEO Compensated?

New 90-day high: AU$5.74

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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