Macquarie Technology Group Future Growth

Future criteria checks 1/6

Macquarie Technology Group is forecast to grow earnings and revenue by 1.5% and 6.9% per annum respectively. EPS is expected to grow by 0.4% per annum. Return on equity is forecast to be 6.8% in 3 years.

Key information

1.5%

Earnings growth rate

0.4%

EPS growth rate

IT earnings growth	17.5%
Revenue growth rate	6.9%
Future return on equity	6.8%
Analyst coverage	Good
Last updated	31 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:MAQ - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	446	36	-120	110	6
6/30/2026	405	34	-139	97	6
6/30/2025	378	38	-78	93	6
6/30/2024	363	33	-28	118	N/A
3/31/2024	359	28	14	112	N/A
12/31/2023	354	24	57	106	N/A
9/30/2023	349	21	50	107	N/A
6/30/2023	345	18	43	109	N/A
3/31/2023	339	16	38	95	N/A
12/31/2022	333	13	33	81	N/A
9/30/2022	321	11	18	90	N/A
6/30/2022	309	8	3	98	N/A
3/31/2022	300	9	-18	99	N/A
12/31/2021	291	9	-39	101	N/A
9/30/2021	288	11	-66	73	N/A
6/30/2021	285	13	-94	45	N/A
3/31/2021	281	13	-83	45	N/A
12/31/2020	278	14	-71	46	N/A
9/30/2020	272	14	-45	46	N/A
6/30/2020	266	14	-18	46	N/A
3/31/2020	262	14	-14	42	N/A
12/31/2019	257	15	-10	38	N/A
9/30/2019	252	16	-9	38	N/A
6/30/2019	247	16	-7	39	N/A
3/31/2019	243	17	-2	41	N/A
12/31/2018	240	17	4	43	N/A
9/30/2018	237	17	6	43	N/A
6/30/2018	234	17	9	43	N/A
3/31/2018	231	17	N/A	43	N/A
12/31/2017	228	16	N/A	42	N/A
9/30/2017	224	15	N/A	42	N/A
6/30/2017	220	14	N/A	41	N/A
3/31/2017	215	12	N/A	41	N/A
12/31/2016	210	9	N/A	41	N/A
9/30/2016	206	7	N/A	40	N/A
6/30/2016	203	5	N/A	39	N/A
3/31/2016	200	3	N/A	33	N/A
12/31/2015	198	0	N/A	27	N/A
9/30/2015	195	-2	N/A	25	N/A
6/30/2015	192	-4	N/A	24	N/A
3/31/2015	192	-4	N/A	23	N/A
12/31/2014	192	-4	N/A	22	N/A
9/30/2014	195	-2	N/A	21	N/A
6/30/2014	197	-1	N/A	19	N/A
3/31/2014	199	2	N/A	19	N/A
12/31/2013	201	4	N/A	19	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAQ's forecast earnings growth (1.5% per year) is below the savings rate (2.6%).

Earnings vs Market: MAQ's earnings (1.5% per year) are forecast to grow slower than the Australian market (12.4% per year).

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

Revenue vs Market: MAQ's revenue (6.9% per year) is forecast to grow faster than the Australian market (5.6% per year).

High Growth Revenue: MAQ's revenue (6.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MAQ's Return on Equity is forecast to be low in 3 years time (6.8%).

Macquarie Technology Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Macquarie Technology Group Limited, Annual General Meeting, Nov 29, 2024

Full year 2024 earnings released: EPS: AU$1.35 (vs AU$0.82 in FY 2023)

Macquarie Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 100.000048 million.

Macquarie Technology Group Limited has filed a Follow-on Equity Offering in the amount of AUD 100.000048 million.

First half 2024 earnings released

Macquarie Technology Group Limited, Annual General Meeting, Nov 30, 2023

Full year 2023 earnings released: EPS: AU$0.82 (vs AU$0.39 in FY 2022)

New minor risk - Shareholder dilution

Macquarie Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 160.000016 million.

Independent Non-executive Director recently bought AU$63k worth of stock

First half 2023 earnings released: EPS: AU$0.40 (vs AU$0.17 in 1H 2022)

Chairman recently bought AU$200k worth of stock

Macquarie Telecom Group Limited Appoints Lisa Brock as an Independent Non-Executive Director, Effective from 31 January 2023

Less than half of directors are independent

Macquarie Telecom Group Limited, Annual General Meeting, Nov 22, 2022

Macquarie Telecom Group Limited, Annual General Meeting, Nov 22, 2022

Full year 2022 earnings released: EPS: AU$0.39 (vs AU$0.59 in FY 2021)

Less than half of directors are independent

Macquarie Telecom Group Limited Announces Resignation of Anouk Darling as Non-Executive Director

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Co-Founder recently sold AU$50m worth of stock

Full year 2021 earnings released: EPS AU$0.59 (vs AU$0.64 in FY 2020)

New 90-day low: AU$48.99

Revenue beats expectations

First half 2021 earnings released: EPS AU$0.33 (vs AU$0.31 in 1H 2020)

New 90-day high: AU$51.08

New 90-day high: AU$47.51

Full year earnings released - EPS AU$0.64

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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