TerraVest Industries Future Growth

Future criteria checks 4/6

TerraVest Industries is forecast to grow earnings and revenue by 21.1% and 12.2% per annum respectively while EPS is expected to grow by 18.4% per annum.

Key information

21.1%

Earnings growth rate

18.4%

EPS growth rate

Energy Services earnings growth	10.2%
Revenue growth rate	12.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	15 Aug 2024

Recent future growth updates

No updates

Recent updates

TerraVest Industries Inc.'s (TSE:TVK) P/E Is Still On The Mark Following 26% Share Price Bounce

Aug 15

TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet

Mar 28

TerraVest Industries Inc.'s (TSE:TVK) Shares Climb 25% But Its Business Is Yet to Catch Up

Feb 15

TerraVest Industries (TSE:TVK) Has More To Do To Multiply In Value Going Forward

Apr 06

What Type Of Shareholders Make Up TerraVest Industries Inc.'s (TSE:TVK) Share Registry?

Mar 16

Earnings and Revenue Growth Forecasts

TSX:TVK - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2026	1,138	103	127	170	2
9/30/2025	1,037	89	114	159	3
9/30/2024	930	69	116	141	3
6/30/2024	855	65	98	147	N/A
3/31/2024	767	61	72	120	N/A
12/31/2023	729	48	56	96	N/A
9/30/2023	678	42	46	79	N/A
6/30/2023	667	45	36	68	N/A
3/31/2023	662	47	24	59	N/A
12/31/2022	623	46	16	52	N/A
9/30/2022	577	45	-6	30	N/A
6/30/2022	495	38	-12	20	N/A
3/31/2022	418	33	-14	13	N/A
12/31/2021	356	35	-19	4	N/A
9/30/2021	307	37	4	23	N/A
6/30/2021	295	38	24	41	N/A
3/31/2021	288	38	42	56	N/A
12/31/2020	298	32	53	64	N/A
9/30/2020	304	27	54	65	N/A
6/30/2020	316	22	49	60	N/A
3/31/2020	326	23	38	50	N/A
12/31/2019	316	23	27	42	N/A
9/30/2019	306	22	13	31	N/A
6/30/2019	305	24	-4	11	N/A
3/31/2019	300	22	-4	12	N/A
12/31/2018	286	18	-6	9	N/A
9/30/2018	270	17	-4	8	N/A
6/30/2018	243	13	14	25	N/A
3/31/2018	223	12	N/A	14	N/A
12/31/2017	207	11	N/A	22	N/A
9/30/2017	193	9	N/A	13	N/A
6/30/2017	183	7	N/A	4	N/A
3/31/2017	174	6	N/A	13	N/A
12/31/2016	171	6	N/A	20	N/A
9/30/2016	179	7	N/A	29	N/A
6/30/2016	189	11	N/A	33	N/A
3/31/2016	200	14	N/A	28	N/A
12/31/2015	198	15	N/A	19	N/A
9/30/2015	195	15	N/A	25	N/A
6/30/2015	192	12	N/A	24	N/A
3/31/2015	175	12	N/A	29	N/A
12/31/2014	164	11	N/A	25	N/A
9/30/2014	132	8	N/A	9	N/A
6/30/2014	97	7	N/A	9	N/A
3/31/2014	79	5	N/A	9	N/A
12/31/2013	68	6	N/A	9	N/A
9/30/2013	64	0	N/A	14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TVK's forecast earnings growth (21.1% per year) is above the savings rate (2.2%).

Earnings vs Market: TVK's earnings (21.1% per year) are forecast to grow faster than the Canadian market (14.9% per year).

High Growth Earnings: TVK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TVK's revenue (12.2% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: TVK's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TVK's Return on Equity is forecast to be high in 3 years time

TerraVest Industries Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

Third quarter dividend of CA$0.15 announced

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

TerraVest Industries Inc.'s (TSE:TVK) P/E Is Still On The Mark Following 26% Share Price Bounce

Investor sentiment improves as stock rises 24%

TerraVest Industries Inc. Declares Quarterly Dividend on Common Shares, Payable on October 10, 2024

Independent Director recently sold CA$6.3m worth of stock

Insider recently bought CA$31m worth of stock

Insider recently sold CA$770k worth of stock

TerraVest Industries Inc. has completed a Follow-on Equity Offering in the amount of CAD 84.1995 million.

Second quarter dividend of CA$0.15 announced

New minor risk - Shareholder dilution

TerraVest Industries Inc. has filed a Follow-on Equity Offering in the amount of CAD 64.5975 million.

Second quarter 2024 earnings released: EPS: CA$1.23 (vs CA$0.50 in 2Q 2023)

New minor risk - Insider selling

TerraVest Industries Inc. (TSX:TVK) entered into an agreement to acquire Advance Engineered Products Ltd.

TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet

Upcoming dividend of CA$0.15 per share

TerraVest Industries Inc.'s (TSE:TVK) Shares Climb 25% But Its Business Is Yet to Catch Up

First quarter dividend of CA$0.15 announced

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Investor sentiment improves as stock rises 17%

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on April 10, 2024

Upcoming dividend of CA$0.15 per share at 1.5% yield

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Is Now The Time To Put TerraVest Industries (TSE:TVK) On Your Watchlist?

TerraVest Industries Inc. Announces Quarterly Dividend, Payable on January 10, 2024

TerraVest Industries Inc., Annual General Meeting, Feb 07, 2024

Investor sentiment improves as stock rises 16%

TerraVest Industries Inc. (TSX:TVK) entered into an agreement to acquire Assets of Highland Tank for $78 million.

Upcoming dividend of CA$0.13 per share at 1.3% yield

Third quarter 2023 earnings released: EPS: CA$0.45 (vs CA$0.54 in 3Q 2022)

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on October 10, 2023

Investor sentiment improves as stock rises 18%

Insider recently sold CA$1.1m worth of stock

Upcoming dividend of CA$0.13 per share at 1.8% yield

Chief Investment Officer recently sold CA$389k worth of stock

TerraVest Industries Inc. (TSX:TVK) completed the acquisition of the assets of Secure Energy (Drilling Services) Inc.

Second quarter 2023 earnings released: EPS: CA$0.50 (vs CA$0.47 in 2Q 2022)

CEO, President & Director exercised options to buy CA$2.2m worth of stock.

Chief Investment Officer recently sold CA$84k worth of stock

Upcoming dividend of CA$0.13 per share at 1.9% yield

First quarter 2023 earnings released: EPS: CA$0.67 (vs CA$0.60 in 1Q 2022)

TerraVest Industries Inc. (TSX:TVK) acquired T.S.X. Transport Inc. for CAD 3.5 million.

Upcoming dividend of CA$0.13 per share

TerraVest Industries Inc., Annual General Meeting, Feb 08, 2023

Terravest Industries Inc. Declares Quarterly Dividend, Payable on January 10, 2023

Full year 2022 earnings released: EPS: CA$2.53 (vs CA$2.02 in FY 2021)

Insufficient new directors

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10

Third quarter 2022 earnings released: EPS: CA$0.54 (vs CA$0.25 in 3Q 2021)

Terravest Industries Inc. Declares Its Quarterly Dividend Payable on October 11, 2022

Executive Chairman recently bought CA$230k worth of stock

TerraVest Industries Inc. (TSX:TVK) acquired Platinum Energy Services Corp.

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Takes On Some Risk With Its Use Of Debt

TerraVest Industries' (TSE:TVK) Dividend Will Be CA$0.10

Second quarter 2022 earnings released: EPS: CA$0.47 (vs CA$0.58 in 2Q 2021)

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on July 11, 2022

Insufficient new directors

TerraVest Industries (TSE:TVK) Is Due To Pay A Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Terravest Industries Inc. Declares Its Quarterly Dividend, Payable on April 11, 2022

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of CA$0.10 per share

Investor sentiment improved over the past week

TerraVest Industries (TSE:TVK) Has Affirmed Its Dividend Of CA$0.10

TerraVest Industries Inc. (TSX:TVK) acquired ECR International, Inc.

TerraVest Industries (TSE:TVK) Has Announced A Dividend Of CA$0.10

Third quarter 2021 earnings released: EPS CA$0.25 (vs CA$0.21 in 3Q 2020)

Upcoming dividend of CA$0.10 per share

Chief Investment Officer exercised options to buy CA$2.1m worth of stock.