Cathedral Energy Services Future Growth
Future criteria checks 4/6
Cathedral Energy Services is forecast to grow earnings and revenue by 66.1% and 4.1% per annum respectively. EPS is expected to grow by 65.6% per annum. Return on equity is forecast to be 22% in 3 years.
Key information
66.1%
Earnings growth rate
65.6%
EPS growth rate
Energy Services earnings growth | 9.3% |
Revenue growth rate | 4.1% |
Future return on equity | 22.0% |
Analyst coverage | Low |
Last updated | 17 Apr 2024 |
Recent future growth updates
Recent updates
Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings
Apr 04Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?
Mar 04Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear
Nov 22Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?
Nov 13Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt
Dec 16Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 623 | N/A | N/A | N/A | 1 |
12/31/2025 | 588 | 77 | 66 | 123 | 5 |
12/31/2024 | 559 | 63 | 49 | 101 | 5 |
12/31/2023 | 545 | 11 | 24 | 70 | N/A |
9/30/2023 | 518 | 19 | 9 | 61 | N/A |
6/30/2023 | 488 | 22 | 17 | 63 | N/A |
3/31/2023 | 392 | 17 | 7 | 50 | N/A |
12/31/2022 | 319 | 18 | 12 | 40 | N/A |
9/30/2022 | 204 | 7 | -4 | 17 | N/A |
6/30/2022 | 109 | -1 | -10 | 4 | N/A |
3/31/2022 | 86 | -4 | -13 | -5 | N/A |
12/31/2021 | 63 | -9 | -9 | -3 | N/A |
9/30/2021 | 46 | -14 | -8 | -4 | N/A |
6/30/2021 | 31 | -19 | -2 | 1 | N/A |
3/31/2021 | 33 | -17 | 1 | 3 | N/A |
12/31/2020 | 41 | -28 | -2 | 1 | N/A |
9/30/2020 | 52 | -27 | -1 | 1 | N/A |
6/30/2020 | 79 | -27 | -1 | 3 | N/A |
3/31/2020 | 102 | -28 | -2 | 4 | N/A |
12/31/2019 | 120 | -19 | -2 | 5 | N/A |
9/30/2019 | 144 | -31 | -3 | 8 | N/A |
6/30/2019 | 155 | -24 | -9 | 4 | N/A |
3/31/2019 | 158 | -21 | -15 | 1 | N/A |
12/31/2018 | 161 | -17 | -15 | 4 | N/A |
9/30/2018 | 156 | -4 | -17 | 1 | N/A |
6/30/2018 | 150 | -5 | -18 | 0 | N/A |
3/31/2018 | 149 | -2 | -10 | 6 | N/A |
12/31/2017 | 147 | 0 | -9 | 3 | N/A |
9/30/2017 | 137 | 4 | N/A | 1 | N/A |
6/30/2017 | 120 | 0 | N/A | -1 | N/A |
3/31/2017 | 100 | -6 | N/A | -1 | N/A |
12/31/2016 | 81 | 3 | N/A | 4 | N/A |
9/30/2016 | 48 | 0 | N/A | 6 | N/A |
6/30/2016 | 60 | -8 | N/A | 11 | N/A |
3/31/2016 | 75 | -17 | N/A | 8 | N/A |
12/31/2015 | 106 | -29 | N/A | 26 | N/A |
9/30/2015 | 184 | -23 | N/A | 36 | N/A |
6/30/2015 | 230 | -8 | N/A | 46 | N/A |
3/31/2015 | 257 | 7 | N/A | 57 | N/A |
12/31/2014 | 275 | 10 | N/A | 37 | N/A |
9/30/2014 | 267 | -3 | N/A | 31 | N/A |
6/30/2014 | 250 | -1 | N/A | 25 | N/A |
3/31/2014 | 239 | -1 | N/A | 20 | N/A |
12/31/2013 | 225 | -2 | N/A | 14 | N/A |
9/30/2013 | 204 | 11 | N/A | 12 | N/A |
6/30/2013 | 194 | 7 | N/A | 4 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CET's forecast earnings growth (66.1% per year) is above the savings rate (2%).
Earnings vs Market: CET's earnings (66.1% per year) are forecast to grow faster than the Canadian market (12% per year).
High Growth Earnings: CET's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CET's revenue (4.1% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: CET's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CET's Return on Equity is forecast to be high in 3 years time (22%)