Midway Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Midway.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Forestry earnings growth	27.2%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

Recent updates

Midway Limited's (ASX:MWY) Shares Bounce 29% But Its Business Still Trails The Industry

Aug 31

An Intrinsic Calculation For Midway Limited (ASX:MWY) Suggests It's 35% Undervalued

Jan 13

Should You Take Comfort From Insider Transactions At Midway Limited (ASX:MWY)?

Dec 17

What Can We Make Of Midway's (ASX:MWY) CEO Compensation?

Nov 26

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Midway has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

ASX:MWY - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	276	1	12	19	N/A
3/31/2024	231	-3	-10	-6	N/A
12/31/2023	185	-7	-24	-23	N/A
9/30/2023	187	-5	-23	-18	N/A
6/30/2023	190	-3	-31	-21	N/A
12/31/2022	226	-5	-19	-1	N/A
9/30/2022	210	-7	-16	-2	N/A
6/30/2022	194	-9	-14	-3	N/A
3/31/2022	211	-8	-5	4	N/A
12/31/2021	221	-5	6	12	N/A
9/30/2021	252	-5	11	17	N/A
6/30/2021	282	-5	17	22	N/A
3/31/2021	287	-10	17	22	N/A
12/31/2020	292	-14	17	22	N/A
9/30/2020	277	-13	11	16	N/A
6/30/2020	262	-12	4	11	N/A
3/31/2020	273	0	5	13	N/A
12/31/2019	283	12	7	14	N/A
9/30/2019	286	19	4	12	N/A
6/30/2019	289	26	2	10	N/A
3/31/2019	284	28	3	10	N/A
12/31/2018	279	30	4	11	N/A
9/30/2018	257	24	2	12	N/A
6/30/2018	236	18	-1	13	N/A
3/31/2018	223	15	N/A	10	N/A
12/31/2017	211	11	N/A	8	N/A
9/30/2017	212	13	N/A	12	N/A
6/30/2017	213	15	N/A	16	N/A
3/31/2017	202	16	N/A	-2	N/A
12/31/2016	191	18	N/A	-20	N/A
9/30/2016	202	22	N/A	-8	N/A
6/30/2016	212	26	N/A	3	N/A
6/30/2015	145	19	N/A	12	N/A
6/30/2014	96	2	N/A	5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MWY's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if MWY's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if MWY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MWY's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if MWY's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MWY's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 00:54
End of Day Share Price	2025/01/07 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Midway Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Damien Williamson	Bell Potter
Belinda Moore	Morgans Financial Limited
Danny Younis	Shaw and Partners Limited

Midway Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 88%

Price target decreased to AU$1.22

Price target increased to AU$1.42

Price target decreased to AU$1.08

Recent updates

River Capital Pty Ltd. entered into a binding Scheme Implementation Deed to acquire Midway Limited (ASX:MWY) from Chebmont Pty Ltd and Gregory McCormack for approximately AUD 105 million.

River Capital Pty Ltd. entered into a binding Scheme Implementation Deed to acquire Midway Limited (ASX:MWY) from Chebmont Pty Ltd and Gregory McCormack for approximately AUD 105 million.

New major risk - Share price stability

Midway Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Share price stability

Upcoming dividend of AU$0.16 per share

Midway Limited's (ASX:MWY) Shares Bounce 29% But Its Business Still Trails The Industry

Full year 2024 earnings released: EPS: AU$0.01 (vs AU$0.03 loss in FY 2023)

Midway Limited to Report Fiscal Year 2024 Results on Aug 29, 2024

Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price

Less than half of directors are independent

First half 2024 earnings released: AU$0.02 loss per share (vs AU$0.043 profit in 1H 2023)

Midway Limited Announces the Appointment of Andrew (Andy) Preece to the Board as a Non-Executive Director, Effective as of 1 March 2024

Midway Limited to Report First Half, 2024 Results on Feb 29, 2024

Midway Limited Announces Fully Franked Special Dividend, Payable on 22 December 2023

Midway Limited, Annual General Meeting, Oct 30, 2023

Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.10 loss in FY 2022)

Midway Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

First half 2023 earnings released: EPS: AU$0.043 (vs AU$0.04 loss in 1H 2022)

Midway Limited to Report First Half, 2023 Results on Feb 23, 2023

Midway Limited Announces Board Changes

Midway Limited, Annual General Meeting, Nov 28, 2022

Midway Limited Announces Appointment of Ms Kellie Benda as Non-Executive Director

Midway Limited to Pay Dividend for the First Half of 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Midway Limited to Report Fiscal Year 2022 Results on Aug 29, 2022

Consensus EPS estimates fall by 88%

Midway to Sell Plantation Estate in Southwest Victoria for AUD 154.1 Million

Price target decreased to AU$1.22

Less than half of directors are independent

Health Check: How Prudently Does Midway (ASX:MWY) Use Debt?

Midway Limited Appoints Michael McKenzie as CFO, Effective 1 July, 2022

First half 2022 earnings: EPS and revenues miss analyst expectations

Midway Limited to Report First Half, 2022 Results on Feb 24, 2022

Price target increased to AU$1.42

There Are Reasons To Feel Uneasy About Midway's (ASX:MWY) Returns On Capital

Less than half of directors are independent

Full year 2021 earnings released: AU$0.061 loss per share (vs AU$0.14 loss in FY 2020)

Price target decreased to AU$1.08

Is Midway (ASX:MWY) A Risky Investment?

Calculating The Fair Value Of Midway Limited (ASX:MWY)

Midway (ASX:MWY) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why Midway (ASX:MWY) Has A Meaningful Debt Burden

First half 2021 earnings released: AU$0.02 loss per share (vs AU$0.01 profit in 1H 2020)

Midway Limited to Report First Half, 2021 Results on Feb 24, 2021

Midway's(ASX:MWY) Share Price Is Down 66% Over The Past Three Years.

New 90-day low: AU$0.79

An Intrinsic Calculation For Midway Limited (ASX:MWY) Suggests It's 35% Undervalued

New 90-day low: AU$0.87

Should You Take Comfort From Insider Transactions At Midway Limited (ASX:MWY)?

New 90-day low: AU$0.95

What Can We Make Of Midway's (ASX:MWY) CEO Compensation?

New 90-day high: AU$1.11

Midway Limited Announces Retirement of Anthony Bennett as Non-Executive Director

New 90-day high - AU$1.00

Full year earnings released - AU$0.14 loss per share

Midway Limited to Report Fiscal Year 2020 Results on Aug 27, 2020

New 90-day low - AU$0.73

New 90-day low - AU$0.80

Midway Limited(ASX:MWY) dropped from S&P/ASX All Ordinaries Index

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources