Accent Group Future Growth

Future criteria checks 4/6

Accent Group is forecast to grow earnings and revenue by 15.2% and 6.4% per annum respectively. EPS is expected to grow by 15.2% per annum. Return on equity is forecast to be 24.4% in 3 years.

Key information

15.2%

Earnings growth rate

15.2%

EPS growth rate

Specialty Retail earnings growth	7.9%
Revenue growth rate	6.4%
Future return on equity	24.4%
Analyst coverage	Good
Last updated	13 Sep 2024

Recent future growth updates

Recent updates

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Aug 22

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

Apr 17

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Feb 29

Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down

Nov 21

Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now

Nov 10

Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 28

Shareholders May Not Be So Generous With Accent Group Limited's (ASX:AX1) CEO Compensation And Here's Why

Nov 12

Is Accent Group Limited (ASX:AX1) Potentially Undervalued?

Sep 19

Revenue Beat: Accent Group Limited Exceeded Revenue Forecasts By 7.9% And Analysts Are Updating Their Estimates

Aug 22

Accent Group (ASX:AX1) Is Paying Out Less In Dividends Than Last Year

Aug 20

I Ran A Stock Scan For Earnings Growth And Accent Group (ASX:AX1) Passed With Ease

Jul 30

Accent Group's (ASX:AX1) Returns On Capital Are Heading Higher

Jul 13

Is Accent Group Limited (ASX:AX1) Potentially Undervalued?

Jun 12

Accent Group Limited (ASX:AX1) Shares Could Be 46% Below Their Intrinsic Value Estimate

Apr 30

Do Accent Group's (ASX:AX1) Earnings Warrant Your Attention?

Apr 19

Returns Are Gaining Momentum At Accent Group (ASX:AX1)

Apr 07

Is Accent Group (ASX:AX1) Using Too Much Debt?

Mar 15

There's A Lot To Like About Accent Group's (ASX:AX1) Upcoming AU$0.08 Dividend

Mar 05

How Much Of Accent Group Limited (ASX:AX1) Do Insiders Own?

Feb 28

Earnings and Revenue Growth Forecasts

ASX:AX1 - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	1,759	106	225	272	12
6/30/2026	1,658	95	209	253	12
6/30/2025	1,548	80	216	252	12
6/30/2024	1,454	60	214	246	N/A
3/31/2024	1,430	66	208	239	N/A
12/31/2023	1,405	73	202	233	N/A
9/30/2023	1,413	81	212	245	N/A
7/2/2023	1,421	89	222	257	N/A
4/2/2023	1,386	82	205	246	N/A
1/1/2023	1,351	75	188	234	N/A
10/1/2022	1,241	53	141	187	N/A
6/26/2022	1,130	31	94	140	N/A
3/26/2022	1,090	35	85	128	N/A
12/26/2021	1,051	39	76	115	N/A
9/26/2021	1,022	58	102	137	N/A
6/27/2021	993	77	128	159	N/A
3/27/2021	923	76	156	182	N/A
12/27/2020	854	75	184	204	N/A
9/27/2020	842	65	170	191	N/A
6/28/2020	830	56	155	179	N/A
3/28/2020	840	55	117	143	N/A
12/29/2019	850	55	79	108	N/A
9/29/2019	823	55	60	87	N/A
6/30/2019	796	54	41	66	N/A
3/31/2019	768	52	54	77	N/A
12/30/2018	740	51	67	88	N/A
9/30/2018	721	47	61	79	N/A
7/1/2018	702	44	54	70	N/A
4/1/2018	700	39	N/A	55	N/A
12/31/2017	697	33	N/A	40	N/A
9/30/2017	667	31	N/A	43	N/A
7/2/2017	636	29	N/A	45	N/A
4/2/2017	582	32	N/A	55	N/A
12/25/2016	528	35	N/A	64	N/A
9/25/2016	485	32	N/A	54	N/A
6/26/2016	443	30	N/A	44	N/A
3/26/2016	373	25	N/A	33	N/A
12/27/2015	303	21	N/A	22	N/A
9/27/2015	220	16	N/A	15	N/A
6/28/2015	136	10	N/A	8	N/A
3/28/2015	117	11	N/A	9	N/A
12/28/2014	98	12	N/A	11	N/A
9/28/2014	90	12	N/A	14	N/A
6/29/2014	81	12	N/A	16	N/A
3/29/2014	72	11	N/A	18	N/A
12/29/2013	63	11	N/A	19	N/A
9/29/2013	59	11	N/A	15	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AX1's forecast earnings growth (15.2% per year) is above the savings rate (2.4%).

Earnings vs Market: AX1's earnings (15.2% per year) are forecast to grow faster than the Australian market (12.3% per year).

High Growth Earnings: AX1's earnings are forecast to grow, but not significantly.

Revenue vs Market: AX1's revenue (6.4% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: AX1's revenue (6.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AX1's Return on Equity is forecast to be high in 3 years time (24.4%)

Accent Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Price target increased by 7.3% to AU$2.15

Price target decreased by 7.8% to AU$2.05

Price target increased by 7.0% to AU$2.39

Consensus EPS estimates increase by 10%

Consensus EPS estimates increase by 11%

Recent updates

Investor sentiment improves as stock rises 16%

Accent Group Limited announced that it has received funding from Frasers Group Plc

Accent Group Limited announced that it has received funding from Frasers Group Plc

Non-Executive Director recently sold AU$165m worth of stock

Accent Group Limited announced that it has received funding from Frasers Group Plc

Final dividend of AU$0.045 announced

Full year 2024 earnings: EPS misses analyst expectations

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Accent Group Limited Appoints James Anderson as Its New Permanent Chief Information Officer on June 18, 2024

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Upcoming dividend of AU$0.085 per share

First half 2024 earnings released

First half dividend of AU$0.085 announced

Accent Group Limited to Report First Half, 2024 Results on Feb 23, 2024

High number of new directors

Independent Non-Executive Director recently bought AU$726k worth of stock

Consensus EPS estimates fall by 12%

Investor sentiment deteriorates as stock falls 16%

Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down

Accent Group Limited Announces Board Changes

Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now

Accent Group Limited Announces Retirement of Stephen Goddard as Non-Executive Director, Effective 17 November 2023

Accent Group Limited, Annual General Meeting, Nov 17, 2023

Upcoming dividend of AU$0.055 per share at 8.6% yield

Price target increased by 7.3% to AU$2.15

Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year

Does Accent Group (ASX:AX1) Have A Healthy Balance Sheet?

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.058 in FY 2022)

Accent Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended July 2, 2023, Payable on September 28, 2023

Accent Group Limited Announces Board Changes

Accent Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Price target decreased by 7.8% to AU$2.05

Investor sentiment deteriorates as stock falls 21%

Is It Too Late To Consider Buying Accent Group Limited (ASX:AX1)?

Accent Group (ASX:AX1) Seems To Use Debt Quite Sensibly

Price target increased by 7.0% to AU$2.39

Group CEO recently sold AU$580k worth of stock

Consensus EPS estimates increase by 10%

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.027 in 1H 2022)

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 11%

Price target increased by 8.4% to AU$2.17

Accent Group Limited to Report First Half, 2023 Results on Feb 23, 2023

Accent Group (ASX:AX1) Will Be Hoping To Turn Its Returns On Capital Around

Accent Group (ASX:AX1) Has A Somewhat Strained Balance Sheet

Returns On Capital Signal Tricky Times Ahead For Accent Group (ASX:AX1)

Upcoming dividend of AU$0.04 per share

Accent Group (ASX:AX1) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.14 in FY 2021)

Price target increased to AU$1.88

Accent Group Limited Announces Final Dividend, Payable on September 15, 2022

Accent Group Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Price target decreased to AU$1.95

Price target decreased to AU$2.16

Non-Executive Director recently bought AU$5.1m worth of stock

Accent Group Limited, Annual General Meeting, Sep 11, 2022

Accent Group Limited Closes 4 Stores During First Half Ended 26 December 2021

Accent Group Limited and Accent Housing Limited Announce Board Changes

Price target decreased to AU$2.67

Consensus EPS estimates fall by 17%

Accent Group Limited Provides EBIT Guidance for the First Half Ended December 26, 2021

Accent Group's (ASX:AX1) Returns Have Hit A Wall

Price target increased to AU$2.84

Shareholders May Not Be So Generous With Accent Group Limited's (ASX:AX1) CEO Compensation And Here's Why

Is Accent Group Limited (ASX:AX1) Potentially Undervalued?

Upcoming dividend of AU$0.033 per share

Revenue Beat: Accent Group Limited Exceeded Revenue Forecasts By 7.9% And Analysts Are Updating Their Estimates

Full year 2021 earnings released: EPS AU$0.14 (vs AU$0.10 in FY 2020)