Vulcan Steel Past Earnings Performance
Past criteria checks 2/6
Vulcan Steel has been growing earnings at an average annual rate of 16%, while the Metals and Mining industry saw earnings growing at 19.3% annually. Revenues have been growing at an average rate of 2% per year. Vulcan Steel's return on equity is 35.2%, and it has net margins of 5.1%.
Key information
16.0%
Earnings growth rate
16.0%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | 2.0% |
| Return on equity | 35.2% |
| Net Margin | 5.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
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 21Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Sep 18Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Aug 31Should You Be Adding Vulcan Steel (ASX:VSL) To Your Watchlist Today?
Jul 04Vulcan Steel's (ASX:VSL) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 20Vulcan Steel Limited's (ASX:VSL) Shares Lagging The Market But So Is The Business
Dec 15Does This Valuation Of Vulcan Steel Limited (ASX:VSL) Imply Investors Are Overpaying?
Jun 09Revenue & Expenses BreakdownBeta
How Vulcan Steel makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,171 | 60 | 286 | 0 |
| 30 Sep 23 | 1,208 | 74 | 283 | 0 |
| 30 Jun 23 | 1,245 | 88 | 280 | 0 |
| 31 Mar 23 | 1,196 | 106 | 253 | 0 |
| 31 Dec 22 | 1,148 | 124 | 224 | 0 |
| 30 Sep 22 | 1,060 | 124 | 207 | 0 |
| 30 Jun 22 | 973 | 124 | 191 | 0 |
| 31 Mar 22 | 912 | 107 | 192 | 0 |
| 31 Dec 21 | 850 | 90 | 193 | 0 |
| 30 Sep 21 | 791 | 77 | 181 | 0 |
| 30 Jun 21 | 732 | 65 | 170 | 0 |
| 30 Jun 20 | 640 | 29 | 163 | 0 |
| 30 Jun 19 | 617 | 36 | 154 | 0 |
| 30 Jun 18 | 539 | 42 | 137 | 0 |
Quality Earnings: VSL has high quality earnings.
Growing Profit Margin: VSL's current net profit margins (5.1%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VSL's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: VSL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VSL had negative earnings growth (-52%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22%).
Return on Equity
High ROE: Whilst VSL's Return on Equity (35.25%) is high, this metric is skewed due to their high level of debt.