Reckon Future Growth
Future criteria checks 5/6
Reckon is forecast to grow earnings and revenue by 22% and 6% per annum respectively. EPS is expected to grow by 22.5% per annum. Return on equity is forecast to be 32.7% in 3 years.
Key information
23.0%
Earnings growth rate
23.9%
EPS growth rate
Software earnings growth | 29.1% |
Revenue growth rate | 6.4% |
Future return on equity | 28.2% |
Analyst coverage | Low |
Last updated | 06 Aug 2024 |
Recent future growth updates
Recent updates
Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025
Aug 28With EPS Growth And More, Reckon (ASX:RKN) Is Interesting
Jun 30When Should You Buy Reckon Limited (ASX:RKN)?
Jun 07Shareholders May Be More Conservative With Reckon Limited's (ASX:RKN) CEO Compensation For Now
May 19We Think Reckon (ASX:RKN) Can Stay On Top Of Its Debt
Apr 08With EPS Growth And More, Reckon (ASX:RKN) Is Interesting
Mar 24Could Reckon Limited (ASX:RKN) Have The Makings Of Another Dividend Aristocrat?
Mar 09Is Reckon Limited's (ASX:RKN) ROE Of 38% Impressive?
Feb 22At AU$0.83, Is It Time To Put Reckon Limited (ASX:RKN) On Your Watch List?
Jan 19Here's Why Reckon (ASX:RKN) Can Manage Its Debt Responsibly
Dec 28Reckon's (ASX:RKN) Stock Price Has Reduced 67% In The Past Five Years
Dec 10Should You Be Impressed By Reckon Limited's (ASX:RKN) ROE?
Nov 22Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 63 | 8 | N/A | 11 | 3 |
12/31/2025 | 59 | 7 | N/A | 8 | 3 |
12/31/2024 | 56 | 5 | N/A | 7 | 3 |
6/30/2024 | 54 | 5 | 5 | 19 | N/A |
3/31/2024 | 54 | 5 | 5 | 23 | N/A |
12/31/2023 | 53 | 6 | 5 | 19 | N/A |
6/30/2023 | 52 | 5 | 6 | 6 | N/A |
3/31/2023 | 52 | 5 | 7 | 7 | N/A |
12/31/2022 | 51 | 5 | 7 | 27 | N/A |
6/30/2022 | 50 | 7 | 9 | 9 | N/A |
3/31/2022 | 50 | 7 | 10 | 10 | N/A |
12/31/2021 | 50 | 6 | 10 | 11 | N/A |
6/30/2021 | 60 | 7 | 11 | 12 | N/A |
3/31/2021 | 65 | 8 | 12 | 12 | N/A |
12/31/2020 | 71 | 8 | 12 | 13 | N/A |
9/30/2020 | 74 | 8 | 11 | 12 | N/A |
6/30/2020 | 74 | 8 | 10 | 11 | N/A |
3/31/2020 | 75 | 8 | 10 | 11 | N/A |
12/31/2019 | 75 | 8 | 10 | 10 | N/A |
9/30/2019 | 75 | 8 | 10 | 10 | N/A |
6/30/2019 | 75 | 8 | 9 | 10 | N/A |
3/31/2019 | 75 | 8 | 10 | 10 | N/A |
12/31/2018 | 75 | 8 | 10 | 11 | N/A |
9/30/2018 | 77 | 7 | N/A | N/A | N/A |
6/30/2018 | 78 | 7 | 11 | 11 | N/A |
3/31/2018 | 79 | 7 | N/A | 10 | N/A |
12/31/2017 | 80 | 7 | N/A | 10 | N/A |
6/30/2017 | 50 | 3 | N/A | -1 | N/A |
3/31/2017 | 50 | 4 | N/A | 3 | N/A |
12/31/2016 | 50 | 4 | N/A | 8 | N/A |
9/30/2016 | 81 | 12 | N/A | N/A | N/A |
6/30/2016 | 80 | 12 | N/A | 29 | N/A |
3/31/2016 | 86 | 13 | N/A | 31 | N/A |
12/31/2015 | 91 | 15 | N/A | 34 | N/A |
9/30/2015 | 98 | 16 | N/A | N/A | N/A |
6/30/2015 | 104 | 17 | N/A | 33 | N/A |
3/31/2015 | 102 | 17 | N/A | 32 | N/A |
12/31/2014 | 101 | 17 | N/A | 31 | N/A |
9/30/2014 | 100 | 17 | N/A | 31 | N/A |
6/30/2014 | 100 | 17 | N/A | 31 | N/A |
3/31/2014 | 99 | 17 | N/A | 29 | N/A |
12/31/2013 | 98 | 18 | N/A | 27 | N/A |
9/30/2013 | 98 | 18 | N/A | 26 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RKN's forecast earnings growth (22% per year) is above the savings rate (2.4%).
Earnings vs Market: RKN's earnings (22% per year) are forecast to grow faster than the Australian market (12.9% per year).
High Growth Earnings: RKN's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RKN's revenue (6% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: RKN's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RKN's Return on Equity is forecast to be high in 3 years time (32.7%)