Myer Holdings Future Growth

Future criteria checks 0/6

Myer Holdings is forecast to grow earnings and revenue by 2.5% and 4.5% per annum respectively. EPS is expected to grow by 1.8% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

2.5%

Earnings growth rate

1.8%

EPS growth rate

Multiline Retail earnings growth	8.4%
Revenue growth rate	4.5%
Future return on equity	17.0%
Analyst coverage	Low
Last updated	29 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:MYR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
7/31/2027	3,482	51	64	139	1
7/31/2026	3,406	50	46	119	1
7/31/2025	3,263	51	60	130	1
7/27/2024	2,644	44	165	245	N/A
4/27/2024	2,668	45	158	245	N/A
1/27/2024	2,692	46	150	246	N/A
10/27/2023	2,726	53	144	242	N/A
7/29/2023	2,761	60	137	238	N/A
4/29/2023	2,767	71	169	267	N/A
1/28/2023	2,774	82	201	297	N/A
10/28/2022	2,638	65	204	286	N/A
7/30/2022	2,502	49	207	275	N/A
4/29/2022	2,422	42	167	227	N/A
1/29/2022	2,342	36	127	178	N/A
10/29/2021	2,296	41	173	228	N/A
7/31/2021	2,250	46	220	277	N/A
4/30/2021	2,121	-54	206	261	N/A
1/23/2021	1,992	-154	192	246	N/A
10/23/2020	2,076	-163	169	219	N/A
7/25/2020	2,159	-172	147	192	N/A
4/25/2020	2,310	-81	141	184	N/A
1/25/2020	2,460	11	136	176	N/A
10/25/2019	2,479	18	99	146	N/A
7/27/2019	2,499	25	62	115	N/A
4/27/2019	2,520	27	54	116	N/A
1/26/2019	2,541	29	46	117	N/A
10/26/2018	2,557	-229	32	113	N/A
7/28/2018	2,572	-486	18	109	N/A
4/28/2018	2,583	-507	N/A	114	N/A
1/27/2018	2,595	-527	N/A	119	N/A
10/27/2017	2,618	-258	N/A	134	N/A
7/29/2017	2,642	12	N/A	149	N/A
4/29/2017	2,688	38	N/A	148	N/A
1/28/2017	2,734	64	N/A	147	N/A
10/28/2016	2,768	62	N/A	148	N/A
7/30/2016	2,802	61	N/A	149	N/A
4/29/2016	2,792	44	N/A	138	N/A
1/23/2016	2,782	27	N/A	127	N/A
10/23/2015	2,784	29	N/A	112	N/A
7/25/2015	2,786	30	N/A	97	N/A
4/25/2015	2,777	55	N/A	118	N/A
1/24/2015	2,769	80	N/A	139	N/A
10/24/2014	2,755	89	N/A	165	N/A
7/26/2014	2,741	98	N/A	192	N/A
4/26/2014	2,746	109	N/A	204	N/A
1/25/2014	2,752	120	N/A	217	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MYR's forecast earnings growth (2.5% per year) is below the savings rate (2.6%).

Earnings vs Market: MYR's earnings (2.5% per year) are forecast to grow slower than the Australian market (12.4% per year).

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

Revenue vs Market: MYR's revenue (4.5% per year) is forecast to grow slower than the Australian market (5.7% per year).

High Growth Revenue: MYR's revenue (4.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MYR's Return on Equity is forecast to be low in 3 years time (17%).

Myer Holdings Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Myer Holdings Limited Provides Earnings Guidance for the First Half of 2023

Myer Holdings Limited Provides Earnings Guidance for the Fiscal Second Half and Full Year Ending 30 July 2022

Recent updates

Myer Holdings Limited, Annual General Meeting, Dec 10, 2024

New minor risk - Shareholder dilution

Full year 2024 earnings released: EPS: AU$0.052 (vs AU$0.074 in FY 2023)

Myer Holdings Limited to Report Fiscal Year 2024 Results on Sep 20, 2024

Now 15% overvalued

Now 20% overvalued after recent price rise

Upcoming dividend of AU$0.03 per share

First half dividend of AU$0.03 announced

First half 2024 earnings released: EPS: AU$0.061 (vs AU$0.079 in 1H 2023)

New minor risk - Profit margin trend

Now 23% overvalued after recent price rise

Myer Holdings Limited to Report First Half, 2024 Results on Mar 14, 2024

Independent Director recently bought AU$51k worth of stock

Non-Executive Director recently bought AU$99k worth of stock

Independent Non-Executive Director recently bought AU$125k worth of stock

Upcoming dividend of AU$0.01 per share at 8.5% yield

Myer Holdings Limited Announces Dividend for the Six Months Ended July 29, 2023, Payable on November 16, 2023

Full year 2023 earnings released: EPS: AU$0.074 (vs AU$0.06 in FY 2022)

New minor risk - Financial data availability

Myer Holdings Limited, Annual General Meeting, Nov 09, 2023

John King to Retire as CEO of Myer Holdings Limited in the Second Half of Calendar 2024

Upcoming dividend of AU$0.08 per share at 5.1% yield

First half 2023 earnings released: EPS: AU$0.079 (vs AU$0.039 in 1H 2022)

Myer Holdings Limited Provides Earnings Guidance for the First Half of 2023

Myer Holdings Limited Elects Terrence McCartney as a Non-Executive Director

Myer Holdings Limited Announces Dividend Relates to Period of Six Months Ended 30 July 2022, Payable on 7 November 2022

Myer Holdings Limited, Annual General Meeting, Nov 10, 2022

Myer Holdings Limited Announces Closure of Store Located at Frankston in Victoria

Myer Holdings Limited Provides Earnings Guidance for the Fiscal Second Half and Full Year Ending 30 July 2022

Myer Holdings Limited to Report First Half, 2022 Results on Mar 10, 2022

Myer Holdings Limited Announces Closure of Myer Blacktown

Full year 2021 earnings released: EPS AU$0.057 (vs AU$0.21 loss in FY 2020)

Myer Reportedly Testing the Market for Three of Its In-House Labels

Independent Non-Executive Director recently bought AU$57k worth of stock

First half 2021 earnings released: EPS AU$0.053 (vs AU$0.03 in 1H 2020)

CEO, MD & Director recently bought AU$54k worth of stock

Myer Holdings Ltd.'s ADR to Be Deleted from Other OTC

New 90-day high: AU$0.33

Myer Holdings Limited Announces Chairman Changes

Myer Holdings Limited Announces Board Retirements

Myer Holdings Limited(ASX:MYR) dropped from S&P/ASX Small Ordinaries Index

Independent Non-Executive Director recently bought AU$100k worth of stock

Full year earnings released

Myer Holdings Limited to Report Fiscal Year 2020 Results on Sep 10, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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