29Metals Limited

ASX:29M Stock Report

Market Cap: AU$252.7m

29Metals Future Growth

Future criteria checks 4/6

29Metals is forecast to grow earnings and revenue by 78.3% and 13.1% per annum respectively. EPS is expected to grow by 82.7% per annum. Return on equity is forecast to be 7.9% in 3 years.

Key information

78.3%

Earnings growth rate

82.7%

EPS growth rate

Metals and Mining earnings growth10.9%
Revenue growth rate13.1%
Future return on equity7.9%
Analyst coverage

Good

Last updated28 Aug 2024

Recent future growth updates

Recent updates

There Is A Reason 29Metals Limited's (ASX:29M) Price Is Undemanding

Jul 19
There Is A Reason 29Metals Limited's (ASX:29M) Price Is Undemanding

29Metals Limited (ASX:29M) Surges 36% Yet Its Low P/S Is No Reason For Excitement

Apr 12
29Metals Limited (ASX:29M) Surges 36% Yet Its Low P/S Is No Reason For Excitement

Is 29Metals (ASX:29M) Using Too Much Debt?

Mar 24
Is 29Metals (ASX:29M) Using Too Much Debt?

Benign Growth For 29Metals Limited (ASX:29M) Underpins Stock's 33% Plummet

Feb 27
Benign Growth For 29Metals Limited (ASX:29M) Underpins Stock's 33% Plummet

29Metals Limited (ASX:29M) Just Released Its Annual Results And Analysts Are Updating Their Estimates

Feb 26
29Metals Limited (ASX:29M) Just Released Its Annual Results And Analysts Are Updating Their Estimates

An Intrinsic Calculation For 29Metals Limited (ASX:29M) Suggests It's 48% Undervalued

May 12
An Intrinsic Calculation For 29Metals Limited (ASX:29M) Suggests It's 48% Undervalued

Be Wary Of 29Metals (ASX:29M) And Its Returns On Capital

Sep 07
Be Wary Of 29Metals (ASX:29M) And Its Returns On Capital

Earnings and Revenue Growth Forecasts

ASX:29M - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202668361411999
12/31/202562147-101589
12/31/2024559-91-521148
6/30/2024458-243-106-11N/A
3/31/2024454-342-114-24N/A
12/31/2023450-440-121-37N/A
9/30/2023525-397-96-7N/A
6/30/2023599-354-7022N/A
3/31/2023660-201-1489N/A
12/31/2022721-4742156N/A
9/30/20227493732150N/A
6/30/202277612123144N/A
3/31/20226891210109N/A
12/31/2021601121-2375N/A
12/31/2020434N/A52131N/A
12/31/20196578294188N/A
12/31/201852518116195N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 29M is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: 29M is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 29M is expected to become profitable in the next 3 years.

Revenue vs Market: 29M's revenue (13.1% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: 29M's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 29M's Return on Equity is forecast to be low in 3 years time (7.9%).

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