AKITA Drilling Future Growth
Future criteria checks 4/6
AKITA Drilling is forecast to grow earnings and revenue by 23.5% and 8.8% per annum respectively. EPS is expected to grow by 20.9% per annum. Return on equity is forecast to be 10% in 3 years.
Key information
23.5%
Earnings growth rate
20.9%
EPS growth rate
| Energy Services earnings growth | 4.7% |
| Revenue growth rate | 8.8% |
| Future return on equity | 10.0% |
| Analyst coverage | Low |
| Last updated | 07 May 2024 |
Recent future growth updates
Recent updates
AKITA Drilling Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 09
We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 31Here's Why AKITA Drilling (TSE:AKT.A) Has A Meaningful Debt Burden
Mar 05Market Cool On AKITA Drilling Ltd.'s (TSE:AKT.A) Revenues
Jan 25The Return Trends At AKITA Drilling (TSE:AKT.A) Look Promising
Nov 08Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Jul 12We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 27Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Sep 23AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?
Jun 15Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Nov 04Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?
Jul 22Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Apr 08Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?
Dec 24
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 263 | 20 | 36 | 58 | 1 |
| 12/31/2025 | 258 | 18 | 33 | 54 | 1 |
| 12/31/2024 | 229 | 11 | 22 | 43 | 1 |
| 3/31/2024 | 207 | 12 | 17 | 43 | N/A |
| 12/31/2023 | 225 | 18 | 11 | 36 | N/A |
| 9/30/2023 | 238 | 28 | 9 | 26 | N/A |
| 6/30/2023 | 236 | 27 | 12 | 27 | N/A |
| 3/31/2023 | 221 | 17 | 3 | 18 | N/A |
| 12/31/2022 | 201 | 4 | 0 | 18 | N/A |
| 9/30/2022 | 176 | -9 | -17 | 4 | N/A |
| 6/30/2022 | 152 | -18 | -23 | -1 | N/A |
| 3/31/2022 | 128 | -20 | -19 | 2 | N/A |
| 12/31/2021 | 110 | -21 | -20 | -3 | N/A |
| 9/30/2021 | 97 | -44 | -6 | 4 | N/A |
| 6/30/2021 | 86 | -46 | 2 | 9 | N/A |
| 3/31/2021 | 93 | -45 | 7 | 13 | N/A |
| 12/31/2020 | 120 | -93 | 15 | 23 | N/A |
| 9/30/2020 | 141 | -74 | 13 | 23 | N/A |
| 6/30/2020 | 164 | -71 | 7 | 19 | N/A |
| 3/31/2020 | 177 | -71 | 13 | 30 | N/A |
| 12/31/2019 | 176 | -20 | 6 | 22 | N/A |
| 9/30/2019 | 186 | -18 | -12 | 6 | N/A |
| 6/30/2019 | 165 | -18 | -22 | -1 | N/A |
| 3/31/2019 | 144 | -15 | -32 | -16 | N/A |
| 12/31/2018 | 118 | -16 | -26 | -8 | N/A |
| 9/30/2018 | 86 | -36 | -11 | 3 | N/A |
| 6/30/2018 | 78 | -35 | -1 | 11 | N/A |
| 3/31/2018 | 79 | -36 | -13 | 4 | N/A |
| 12/31/2017 | 71 | -39 | N/A | 5 | N/A |
| 9/30/2017 | 61 | -17 | N/A | 7 | N/A |
| 6/30/2017 | 53 | -18 | N/A | 4 | N/A |
| 3/31/2017 | 38 | -18 | N/A | 2 | N/A |
| 12/31/2016 | 61 | 5 | N/A | 12 | N/A |
| 9/30/2016 | 73 | -20 | N/A | 17 | N/A |
| 6/30/2016 | 89 | -22 | N/A | 26 | N/A |
| 3/31/2016 | 108 | -20 | N/A | 48 | N/A |
| 12/31/2015 | 112 | -34 | N/A | 42 | N/A |
| 9/30/2015 | 137 | 0 | N/A | 39 | N/A |
| 6/30/2015 | 152 | 11 | N/A | 38 | N/A |
| 3/31/2015 | 158 | 15 | N/A | 42 | N/A |
| 12/31/2014 | 165 | 21 | N/A | 41 | N/A |
| 9/30/2014 | 165 | 24 | N/A | 38 | N/A |
| 6/30/2014 | 162 | 23 | N/A | 40 | N/A |
| 3/31/2014 | 162 | 24 | N/A | 38 | N/A |
| 12/31/2013 | 168 | 27 | N/A | 40 | N/A |
| 9/30/2013 | 177 | 27 | N/A | 48 | N/A |
| 6/30/2013 | 188 | 28 | N/A | 42 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKT.A's forecast earnings growth (23.5% per year) is above the savings rate (2.1%).
Earnings vs Market: AKT.A's earnings (23.5% per year) are forecast to grow faster than the Canadian market (14.5% per year).
High Growth Earnings: AKT.A's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AKT.A's revenue (8.8% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: AKT.A's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKT.A's Return on Equity is forecast to be low in 3 years time (10%).