IGO Limited

ASX:IGO Stock Report

Market Cap: AU$3.6b

IGO Future Growth

Future criteria checks 3/6

IGO's revenue is forecast to decline at 54.7% per annum while its annual earnings are expected to grow at 41% per year. EPS is expected to grow by 40.1% per annum. Return on equity is forecast to be 8.2% in 3 years.

Key information

41.0%

Earnings growth rate

40.1%

EPS growth rate

Metals and Mining earnings growth10.5%
Revenue growth rate-54.7%
Future return on equity8.2%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

Aug 30
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

Recent updates

IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

Sep 03
IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

Aug 30
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

Aug 02
The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Jan 30
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Is IGO (ASX:IGO) A Risky Investment?

Nov 10
Is IGO (ASX:IGO) A Risky Investment?

Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

Oct 10
Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

Jun 17
Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

Jun 02
An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Apr 18
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

Dec 04
Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Nov 06
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Oct 08
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Sep 04
Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Earnings and Revenue Growth Forecasts

ASX:IGO - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202721127626928211
6/30/202645617233527412
6/30/20254839426821614
6/30/20248413673872N/A
3/31/20248811148601,150N/A
12/31/20239202251,0471,429N/A
9/30/20239723871,0661,426N/A
6/30/20231,0245491,0851,423N/A
3/31/20231,0457018141,069N/A
12/31/20221,066853543716N/A
9/30/2022984592406536N/A
6/30/2022903331269357N/A
3/31/2022820259288383N/A
12/31/2021737188308408N/A
9/30/2021704152329427N/A
6/30/2021672117351446N/A
12/31/20204386294394N/A
9/30/202051846302396N/A
6/30/202059986310398N/A
3/31/2020898165340426N/A
12/31/2019906175370455N/A
9/30/2019845126318413N/A
6/30/201978576266372N/A
3/31/201978063232351N/A
12/31/201877650198329N/A
9/30/201877752168304N/A
6/30/201877853138278N/A
3/31/201866626N/A221N/A
12/31/20175540N/A163N/A
9/30/20174888N/A121N/A
6/30/201742217N/A78N/A
3/31/201742028N/A78N/A
12/31/201641739N/A78N/A
9/30/2016415-10N/A90N/A
6/30/2016413-59N/A102N/A
3/31/2016427-55N/A120N/A
12/31/2015440-51N/A138N/A
9/30/201546813N/A170N/A
6/30/201549577N/A202N/A
3/31/201550181N/A201N/A
12/31/201450784N/A201N/A
9/30/201445367N/A165N/A
6/30/201439949N/A129N/A
3/31/201433532N/A100N/A
12/31/201327015N/A71N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IGO's forecast earnings growth (41% per year) is above the savings rate (2.6%).

Earnings vs Market: IGO's earnings (41% per year) are forecast to grow faster than the Australian market (12.6% per year).

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

Revenue vs Market: IGO's revenue is expected to decline over the next 3 years (-54.7% per year).

High Growth Revenue: IGO's revenue is forecast to decline over the next 3 years (-54.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IGO's Return on Equity is forecast to be low in 3 years time (8.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:22
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

IGO Limited is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited
Mollie UrquhartBarrenjoey Markets Pty Limited