Harvey Norman Holdings Future Growth
Future criteria checks 2/6
Harvey Norman Holdings is forecast to grow earnings and revenue by 7.6% and 9.8% per annum respectively. EPS is expected to grow by 7.3% per annum. Return on equity is forecast to be 10.4% in 3 years.
Key information
7.6%
Earnings growth rate
7.3%
EPS growth rate
| Multiline Retail earnings growth | 8.4% |
| Revenue growth rate | 9.8% |
| Future return on equity | 10.4% |
| Analyst coverage | Good |
| Last updated | 04 Aug 2024 |
Recent future growth updates
Recent updates
Harvey Norman Holdings Limited (ASX:HVN) Shares Could Be 35% Below Their Intrinsic Value Estimate
Aug 23
Little Excitement Around Harvey Norman Holdings Limited's (ASX:HVN) Earnings
Mar 19Harvey Norman Holdings (ASX:HVN) Has Announced That Its Dividend Will Be Reduced To A$0.10
Mar 02We Think Harvey Norman Holdings (ASX:HVN) Can Stay On Top Of Its Debt
Feb 29Harvey Norman Holdings (ASX:HVN) Has More To Do To Multiply In Value Going Forward
Jan 22Harvey Norman Holdings Limited's (ASX:HVN) Price Is Right But Growth Is Lacking
Dec 19We Think Some Shareholders May Hesitate To Increase Harvey Norman Holdings Limited's (ASX:HVN) CEO Compensation
Nov 22Is There An Opportunity With Harvey Norman Holdings Limited's (ASX:HVN) 36% Undervaluation?
Nov 15Returns On Capital At Harvey Norman Holdings (ASX:HVN) Have Hit The Brakes
Oct 18Harvey Norman Holdings (ASX:HVN) Will Pay A Smaller Dividend Than Last Year
Oct 04Harvey Norman Holdings (ASX:HVN) Is Paying Out Less In Dividends Than Last Year
Sep 20Harvey Norman Holdings' (ASX:HVN) Dividend Is Being Reduced To A$0.12
Sep 06Returns On Capital At Harvey Norman Holdings (ASX:HVN) Have Stalled
Jul 10Is Harvey Norman Holdings (ASX:HVN) A Risky Investment?
Jun 20Estimating The Intrinsic Value Of Harvey Norman Holdings Limited (ASX:HVN)
May 03The Returns At Harvey Norman Holdings (ASX:HVN) Aren't Growing
Apr 07Harvey Norman Holdings (ASX:HVN) Seems To Use Debt Quite Sensibly
Mar 22Is There An Opportunity With Harvey Norman Holdings Limited's (ASX:HVN) 30% Undervaluation?
Jan 20Slowing Rates Of Return At Harvey Norman Holdings (ASX:HVN) Leave Little Room For Excitement
Jan 05This Is Why Harvey Norman Holdings Limited's (ASX:HVN) CEO Compensation Looks Appropriate
Nov 17Harvey Norman Holdings (ASX:HVN) Is Increasing Its Dividend To A$0.175
Oct 12Return Trends At Harvey Norman Holdings (ASX:HVN) Aren't Appealing
Oct 06Harvey Norman Holdings (ASX:HVN) Is Paying Out A Larger Dividend Than Last Year
Sep 02These 4 Measures Indicate That Harvey Norman Holdings (ASX:HVN) Is Using Debt Reasonably Well
Jun 23Harvey Norman Holdings (ASX:HVN) Hasn't Managed To Accelerate Its Returns
May 21If You Like EPS Growth Then Check Out Harvey Norman Holdings (ASX:HVN) Before It's Too Late
Apr 09Is Harvey Norman Holdings Limited (ASX:HVN) Trading At A 30% Discount?
Mar 28We Think Harvey Norman Holdings (ASX:HVN) Can Stay On Top Of Its Debt
Mar 16Harvey Norman Holdings (ASX:HVN) Has Affirmed Its Dividend Of AU$0.20
Feb 28Harvey Norman Holdings (ASX:HVN) Knows How To Allocate Capital Effectively
Jan 11If You Like EPS Growth Then Check Out Harvey Norman Holdings (ASX:HVN) Before It's Too Late
Dec 29Are Investors Undervaluing Harvey Norman Holdings Limited (ASX:HVN) By 36%?
Dec 14These 4 Measures Indicate That Harvey Norman Holdings (ASX:HVN) Is Using Debt Safely
Nov 16Harvey Norman Holdings' (ASX:HVN) Dividend Is Being Reduced To AU$0.15
Oct 02Harvey Norman Holdings' (ASX:HVN) Dividend Is Being Reduced To AU$0.15
Sep 16Harvey Norman Holdings' (ASX:HVN) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 02Returns on Capital Paint A Bright Future For Harvey Norman Holdings (ASX:HVN)
Aug 16Does Harvey Norman Holdings (ASX:HVN) Deserve A Spot On Your Watchlist?
Jun 07Calculating The Intrinsic Value Of Harvey Norman Holdings Limited (ASX:HVN)
May 26Under The Bonnet, Harvey Norman Holdings' (ASX:HVN) Returns Look Impressive
May 14We Think Harvey Norman Holdings (ASX:HVN) Can Manage Its Debt With Ease
May 03Is Harvey Norman Holdings Limited (ASX:HVN) The Right Choice For A Smart Dividend Investor?
Apr 16Here's What Harvey Norman Holdings Limited's (ASX:HVN) Shareholder Ownership Structure Looks Like
Mar 21Are Robust Financials Driving The Recent Rally In Harvey Norman Holdings Limited's (ASX:HVN) Stock?
Mar 10A Look At The Intrinsic Value Of Harvey Norman Holdings Limited (ASX:HVN)
Feb 15
Is There More To The Story Than Harvey Norman Holdings' (ASX:HVN) Earnings Growth?
Feb 04We Like These Underlying Trends At Harvey Norman Holdings (ASX:HVN)
Jan 25Why Dividend Hunters Love Harvey Norman Holdings Limited (ASX:HVN)
Jan 14Our View On Harvey Norman Holdings' (ASX:HVN) CEO Pay
Jan 04Does Harvey Norman Holdings (ASX:HVN) Have A Healthy Balance Sheet?
Dec 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 4,826 | 522 | 471 | 623 | 3 |
| 6/30/2026 | 4,697 | 439 | 336 | 617 | 9 |
| 6/30/2025 | 4,364 | 428 | 339 | 595 | 9 |
| 6/30/2024 | 4,166 | 367 | 396 | 689 | 9 |
| 12/31/2023 | 2,783 | 374 | 635 | 836 | N/A |
| 9/30/2023 | 2,780 | 457 | 564 | 758 | N/A |
| 6/30/2023 | 2,776 | 540 | 493 | 680 | N/A |
| 3/31/2023 | 2,789 | 643 | 373 | 526 | N/A |
| 12/31/2022 | 2,802 | 747 | 253 | 372 | N/A |
| 9/30/2022 | 2,805 | 779 | 378 | 485 | N/A |
| 6/30/2022 | 2,807 | 812 | 502 | 597 | N/A |
| 3/31/2022 | 2,788 | 811 | 569 | 658 | N/A |
| 12/31/2021 | 2,769 | 810 | 636 | 718 | N/A |
| 9/30/2021 | 2,769 | 826 | 540 | 631 | N/A |
| 6/30/2021 | 2,768 | 841 | 444 | 544 | N/A |
| 3/31/2021 | 2,649 | 785 | 752 | 847 | N/A |
| 12/31/2020 | 2,530 | 729 | 1,060 | 1,150 | N/A |
| 9/30/2020 | 2,413 | 605 | 1,011 | 1,104 | N/A |
| 6/30/2020 | 2,295 | 481 | 963 | 1,057 | N/A |
| 3/31/2020 | 2,296 | 437 | 689 | 792 | N/A |
| 12/31/2019 | 2,298 | 393 | 415 | 526 | N/A |
| 9/30/2019 | 2,266 | 398 | 347 | 450 | N/A |
| 6/30/2019 | 2,234 | 402 | 279 | 373 | N/A |
| 3/31/2019 | 2,190 | 396 | 262 | 355 | N/A |
| 12/31/2018 | 2,147 | 390 | 245 | 337 | N/A |
| 9/30/2018 | 2,070 | 383 | 303 | 396 | N/A |
| 6/30/2018 | 1,994 | 375 | 360 | 454 | N/A |
| 3/31/2018 | 1,936 | 387 | 335 | 431 | N/A |
| 12/31/2017 | 1,879 | 399 | 310 | 408 | N/A |
| 9/30/2017 | 1,856 | 424 | N/A | 417 | N/A |
| 6/30/2017 | 1,833 | 449 | N/A | 425 | N/A |
| 3/31/2017 | 1,847 | 435 | N/A | 500 | N/A |
| 12/31/2016 | 1,860 | 420 | N/A | 575 | N/A |
| 9/30/2016 | 1,828 | 384 | N/A | 507 | N/A |
| 6/30/2016 | 1,796 | 349 | N/A | 438 | N/A |
| 3/31/2016 | 1,743 | 330 | N/A | 392 | N/A |
| 12/31/2015 | 1,690 | 312 | N/A | 346 | N/A |
| 9/30/2015 | 1,653 | 290 | N/A | 343 | N/A |
| 6/30/2015 | 1,617 | 268 | N/A | 340 | N/A |
| 3/31/2015 | 1,597 | 255 | N/A | 316 | N/A |
| 12/31/2014 | 1,576 | 242 | N/A | 292 | N/A |
| 9/30/2014 | 1,545 | 227 | N/A | 315 | N/A |
| 6/30/2014 | 1,514 | 212 | N/A | 339 | N/A |
| 3/31/2014 | 1,469 | 192 | N/A | 314 | N/A |
| 12/31/2013 | 1,424 | 172 | N/A | 289 | N/A |
| 9/30/2013 | 1,373 | 157 | N/A | 264 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HVN's forecast earnings growth (7.6% per year) is above the savings rate (2.4%).
Earnings vs Market: HVN's earnings (7.6% per year) are forecast to grow slower than the Australian market (13.6% per year).
High Growth Earnings: HVN's earnings are forecast to grow, but not significantly.
Revenue vs Market: HVN's revenue (9.8% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: HVN's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HVN's Return on Equity is forecast to be low in 3 years time (10.4%).