ReadyTech Holdings Future Growth
Future criteria checks 4/6
ReadyTech Holdings is forecast to grow earnings and revenue by 24.2% and 10.9% per annum respectively. EPS is expected to grow by 28.4% per annum. Return on equity is forecast to be 11.5% in 3 years.
Key information
24.2%
Earnings growth rate
28.4%
EPS growth rate
| Software earnings growth | 27.8% |
| Revenue growth rate | 10.9% |
| Future return on equity | 11.5% |
| Analyst coverage | Good |
| Last updated | 20 Nov 2024 |
Recent future growth updates
Recent updates
ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jun 25
Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?
Nov 04Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching
May 26I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease
May 09Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?
Mar 30ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain
Mar 15Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)
Feb 23Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 14Should Weakness in ReadyTech Holdings Limited's (ASX:RDY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 10
What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?
Dec 14Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?
Nov 18Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 163 | 21 | 29 | 49 | 6 |
| 6/30/2026 | 145 | 17 | 22 | 42 | 6 |
| 6/30/2025 | 126 | 12 | 17 | 38 | 1 |
| 6/30/2024 | 114 | 5 | 14 | 32 | N/A |
| 3/31/2024 | 112 | 6 | 14 | 32 | N/A |
| 12/31/2023 | 110 | 6 | 14 | 33 | N/A |
| 9/30/2023 | 107 | 6 | 11 | 30 | N/A |
| 6/30/2023 | 103 | 5 | 8 | 28 | N/A |
| 3/31/2023 | 97 | 4 | 6 | 24 | N/A |
| 12/31/2022 | 90 | 4 | 4 | 21 | N/A |
| 9/30/2022 | 84 | 6 | 4 | 19 | N/A |
| 6/30/2022 | 78 | 9 | 4 | 17 | N/A |
| 3/31/2022 | 71 | 8 | 8 | 18 | N/A |
| 12/31/2021 | 64 | 7 | 11 | 20 | N/A |
| 9/30/2021 | 57 | 4 | 13 | 20 | N/A |
| 6/30/2021 | 50 | 2 | 15 | 21 | N/A |
| 3/31/2021 | 46 | 3 | 12 | 18 | N/A |
| 12/31/2020 | 42 | 3 | 10 | 15 | N/A |
| 9/30/2020 | 41 | 4 | 9 | 14 | N/A |
| 6/30/2020 | 39 | 4 | 9 | 14 | N/A |
| 3/31/2020 | 38 | 3 | 5 | 10 | N/A |
| 12/31/2019 | 36 | 1 | 1 | 5 | N/A |
| 9/30/2019 | 34 | 0 | 0 | 4 | N/A |
| 6/30/2019 | 33 | -1 | -2 | 2 | N/A |
| 6/30/2018 | 26 | -2 | -2 | 2 | N/A |
| 6/30/2017 | 27 | 5 | N/A | N/A | N/A |
| 6/30/2016 | 24 | 5 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDY's forecast earnings growth (24.2% per year) is above the savings rate (2.6%).
Earnings vs Market: RDY's earnings (24.2% per year) are forecast to grow faster than the Australian market (12.4% per year).
High Growth Earnings: RDY's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RDY's revenue (10.9% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: RDY's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDY's Return on Equity is forecast to be low in 3 years time (11.5%).