Tower Future Growth
Future criteria checks 4/6
Tower is forecast to grow earnings and revenue by 46.6% and 16.9% per annum respectively. EPS is expected to grow by 48.9% per annum. Return on equity is forecast to be 16.6% in 3 years.
Key information
46.6%
Earnings growth rate
48.9%
EPS growth rate
Insurance earnings growth | 6.2% |
Revenue growth rate | 16.9% |
Future return on equity | 16.6% |
Analyst coverage | Low |
Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
9/30/2026 | 713 | 73 | N/A | 99 | 2 |
9/30/2025 | 641 | 53 | N/A | 98 | 2 |
9/30/2024 | 559 | 53 | N/A | 141 | 2 |
9/30/2023 | 412 | 2 | -14 | 10 | N/A |
6/30/2023 | 400 | 5 | 5 | 31 | N/A |
3/31/2023 | 392 | 8 | 24 | 53 | N/A |
12/31/2022 | 376 | 13 | 30 | 56 | N/A |
9/30/2022 | 355 | 17 | 37 | 60 | N/A |
3/31/2022 | 338 | 10 | 48 | 66 | N/A |
12/31/2021 | 337 | 14 | 60 | 82 | N/A |
9/30/2021 | 335 | 18 | 72 | 98 | N/A |
6/30/2021 | 337 | 12 | 61 | 83 | N/A |
3/31/2021 | 333 | 7 | 50 | 69 | N/A |
12/31/2020 | 330 | 9 | 25 | 43 | N/A |
9/30/2020 | 327 | 11 | -1 | 16 | N/A |
6/30/2020 | 323 | 15 | -10 | 16 | N/A |
3/31/2020 | 319 | 19 | -18 | 15 | N/A |
12/31/2019 | 311 | 18 | -16 | 20 | N/A |
9/30/2019 | 303 | 17 | -13 | 25 | N/A |
6/30/2019 | 297 | 16 | -13 | 24 | N/A |
3/31/2019 | 292 | 16 | -14 | 24 | N/A |
12/31/2018 | 287 | 5 | -12 | 17 | N/A |
9/30/2018 | 282 | -7 | -10 | 10 | N/A |
6/30/2018 | 278 | -9 | -12 | 0 | N/A |
3/31/2018 | 274 | -12 | -14 | -9 | N/A |
12/31/2017 | 271 | -10 | -27 | -21 | N/A |
9/30/2017 | 268 | -8 | -40 | -33 | N/A |
6/30/2017 | 266 | -15 | N/A | -23 | N/A |
3/31/2017 | 265 | -22 | N/A | -14 | N/A |
12/31/2016 | 266 | -22 | N/A | -12 | N/A |
9/30/2016 | 266 | -22 | N/A | -10 | N/A |
6/30/2016 | 266 | -17 | N/A | -14 | N/A |
3/31/2016 | 265 | -12 | N/A | -17 | N/A |
12/31/2015 | 265 | -10 | N/A | 1 | N/A |
9/30/2015 | 266 | -8 | N/A | 18 | N/A |
6/30/2015 | 265 | -1 | N/A | 28 | N/A |
3/31/2015 | 264 | 6 | N/A | 37 | N/A |
12/31/2014 | 259 | 14 | N/A | 35 | N/A |
9/30/2014 | 255 | 21 | N/A | 32 | N/A |
6/30/2014 | 250 | 20 | N/A | 20 | N/A |
3/31/2014 | 245 | 20 | N/A | 8 | N/A |
12/31/2013 | 241 | 10 | N/A | -1 | N/A |
9/30/2013 | 237 | 0 | N/A | -10 | N/A |
6/30/2013 | 214 | 2 | N/A | 15 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TWR's forecast earnings growth (46.6% per year) is above the savings rate (2.3%).
Earnings vs Market: TWR's earnings (46.6% per year) are forecast to grow faster than the Australian market (13.2% per year).
High Growth Earnings: TWR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TWR's revenue (16.9% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: TWR's revenue (16.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TWR's Return on Equity is forecast to be low in 3 years time (16.6%).