Vulcan Steel Future Growth

Future criteria checks 5/6

Vulcan Steel is forecast to grow earnings and revenue by 22.6% and 5.8% per annum respectively. EPS is expected to grow by 32.3% per annum. Return on equity is forecast to be 41.6% in 3 years.

Key information

22.6%

Earnings growth rate

32.3%

EPS growth rate

Metals and Mining earnings growth	10.5%
Revenue growth rate	5.8%
Future return on equity	41.6%
Analyst coverage	Good
Last updated	13 Dec 2024

Recent future growth updates

Recent updates

Vulcan Steel's (ASX:VSL) Dividend Will Be NZ$0.1389

Aug 29

These 4 Measures Indicate That Vulcan Steel (ASX:VSL) Is Using Debt Extensively

Apr 18

There Are Reasons To Feel Uneasy About Vulcan Steel's (ASX:VSL) Returns On Capital

Mar 21

Vulcan Steel's (ASX:VSL) Shareholders May Want To Dig Deeper Than Statutory Profit

Feb 20

Vulcan Steel Limited's (ASX:VSL) Shares Lagging The Market But So Is The Business

Dec 15

Does This Valuation Of Vulcan Steel Limited (ASX:VSL) Imply Investors Are Overpaying?

Jun 09

Earnings and Revenue Growth Forecasts

ASX:VSL - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	1,216	86	74	114	5
6/30/2026	1,076	58	48	86	6
6/30/2025	966	31	67	101	6
6/30/2024	1,064	40	142	169	N/A
3/31/2024	1,118	50	175	202	N/A
12/31/2023	1,171	60	208	235	N/A
9/30/2023	1,208	74	165	190	N/A
6/30/2023	1,245	88	122	145	N/A
3/31/2023	1,196	106	49	69	N/A
12/31/2022	1,148	124	-25	-8	N/A
9/30/2022	1,060	124	-13	2	N/A
6/30/2022	973	124	0	12	N/A
3/31/2022	912	107	34	44	N/A
12/31/2021	850	90	67	76	N/A
9/30/2021	791	77	84	91	N/A
6/30/2021	732	65	100	105	N/A
6/30/2020	640	29	66	71	N/A
6/30/2019	617	36	8	23	N/A
6/30/2018	539	42	7	22	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VSL's forecast earnings growth (22.6% per year) is above the savings rate (2.6%).

Earnings vs Market: VSL's earnings (22.6% per year) are forecast to grow faster than the Australian market (12.6% per year).

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

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

High Growth Revenue: VSL's revenue (5.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VSL's Return on Equity is forecast to be very high in 3 years time (41.6%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 21:11
End of Day Share Price	2024/12/20 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

Vulcan Steel Limited is covered by 6 analysts. 6 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
Shaurya Visen	BofA Global Research
Rohan Koreman-Smit	Forsyth Barr Group Ltd.
Grant Swanepoel	Jarden Limited

Vulcan Steel Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 18%

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 24%

Consensus forecasts updated

Recent updates

Independent Non-Executive Chairman recently bought AU$93k worth of stock

Consensus EPS estimates fall by 10%

Upcoming dividend of AU$0.14 per share

Vulcan Steel Limited Announces Executive Appointments

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 18%

Vulcan Steel's (ASX:VSL) Dividend Will Be NZ$0.1389

Final dividend of AU$0.14 announced

Vulcan Steel Limited, Annual General Meeting, Nov 01, 2024

New major risk - Financial position

Full year 2024 earnings: EPS misses analyst expectations

Vulcan Steel Limited to Report Fiscal Year 2024 Results on Aug 27, 2024

These 4 Measures Indicate That Vulcan Steel (ASX:VSL) Is Using Debt Extensively

There Are Reasons To Feel Uneasy About Vulcan Steel's (ASX:VSL) Returns On Capital

Vulcan Steel Limited Announces Resignation of Russell Chenu as Director

Upcoming dividend of AU$0.13 per share

Consensus EPS estimates fall by 12%

First half dividend of AU$0.13 announced

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.41 in 1H 2023)

Vulcan Steel Limited Announces Ordinary Dividend for the Six Months December 31, 2023, Payable on March 21, 2024

Vulcan Steel Limited to Report First Half, 2024 Results on Feb 13, 2024

Upcoming dividend of AU$0.31 per share at 6.6% yield

Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305

Less than half of directors are independent

Vulcan Steel Limited Appoints Nicola Greer to Board, Effective from 5 September 2023

Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305

Vulcan Steel Limited, Annual General Meeting, Nov 08, 2023

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorates as stock falls 16%

Vulcan Steel Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

Should You Be Adding Vulcan Steel (ASX:VSL) To Your Watchlist Today?

Upcoming dividend of AU$0.26 per share at 9.3% yield

Vulcan Steel's (ASX:VSL) Shareholders May Want To Dig Deeper Than Statutory Profit

First half 2023 earnings released

Vulcan Steel Limited Announces Ordinary Franked Dividend for the Six Months December 31, 2022, Payable on April 6, 2023

Vulcan Steel Limited to Report First Half, 2023 Results on Feb 14, 2023

Vulcan Steel Limited's (ASX:VSL) Shares Lagging The Market But So Is The Business

Vulcan Steel Limited Announces Cessation of Philippa Mary Greenwood as Director

Less than half of directors are independent

Independent Non-Executive Director recently sold AU$521k worth of stock

Upcoming dividend of AU$0.38 per share

Vulcan Steel Limited Announces Board Changes

Vulcan Steel Limited, Annual General Meeting, Oct 20, 2022

Full year 2022 earnings: EPS misses analyst expectations

Vulcan Steel Limited Approves A Final Dividend, Payable on 7 October 2022

Vulcan Steel Limited (ASX:VSL) completed the acquisition of Ullrich Aluminium Co Limited from Gilbert Ullrich.

Vulcan Steel Limited (ASX:VSL) signed a conditional sale and purchase agreement to acquire Ullrich Aluminium Co Limited from Gilbert Ullrich for approximately NZD 170 million.