Alkane Resources Ltd

ASX:ALK Stock Report

Market Cap: AU$305.6m

Alkane Resources Future Growth

Future criteria checks 5/6

Alkane Resources is forecast to grow earnings and revenue by 36.3% and 20.8% per annum respectively. EPS is expected to grow by 36.2% per annum. Return on equity is forecast to be 13.7% in 3 years.

Key information

36.3%

Earnings growth rate

36.2%

EPS growth rate

Metals and Mining earnings growth10.5%
Revenue growth rate20.8%
Future return on equity13.7%
Analyst coverage

Low

Last updated31 Oct 2024

Recent future growth updates

Recent updates

Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 17
Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story

Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares

May 02
Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares

We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

Nov 21
Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

Nov 10
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

Mar 25
These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Mar 07
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 18
Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Feb 02
What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

Jan 18
Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Jan 03
What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Dec 19
Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Dec 06
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Nov 23
Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

Jul 06
Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

Earnings and Revenue Growth Forecasts

ASX:ALK - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2027339661061362
6/30/202628562431144
6/30/202525045-33825
6/30/202417318-8353N/A
3/31/202418024-5868N/A
12/31/202318630-3383N/A
9/30/202318836-1589N/A
6/30/202319142496N/A
3/31/2023186441194N/A
12/31/2022182461892N/A
9/30/2022173581189N/A
6/30/202216570386N/A
12/31/202113965-1972N/A
9/30/202113450-1772N/A
6/30/202112834-1571N/A
12/31/202010422-2657N/A
9/30/20208818-3243N/A
6/30/20207313-3829N/A
12/31/20197419-1926N/A
9/30/20198321-731N/A
6/30/20199323536N/A
3/31/2019109232045N/A
12/31/2018124233555N/A
9/30/2018127243455N/A
6/30/2018130243455N/A
3/31/201813518N/A58N/A
12/31/201713912N/A61N/A
9/30/2017129-8N/A58N/A
6/30/2017118-29N/A55N/A
3/31/2017105-29N/A43N/A
12/31/201691-29N/A32N/A
9/30/2016100-12N/A35N/A
6/30/20161105N/A37N/A
3/31/20161052N/A32N/A
12/31/2015101-1N/A26N/A
9/30/2015102-3N/A27N/A
6/30/2015102-4N/A29N/A
3/31/201592-5N/A25N/A
12/31/201482-7N/A21N/A
9/30/201454-7N/A8N/A
6/30/201425-6N/A-4N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALK's forecast earnings growth (36.3% per year) is above the savings rate (2.6%).

Earnings vs Market: ALK's earnings (36.3% per year) are forecast to grow faster than the Australian market (12.6% per year).

High Growth Earnings: ALK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALK's revenue (20.8% per year) is forecast to grow faster than the Australian market (5.8% per year).

High Growth Revenue: ALK's revenue (20.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ALK's Return on Equity is forecast to be low in 3 years time (13.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 09:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Alkane Resources Ltd is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HarrowellAPP Securities Pty Ltd.
Bradley WatsonBell Potter
Lord AshbourneEdison Investment Research