Definity Financial Future Growth
Future criteria checks 2/6
Definity Financial is forecast to grow earnings and revenue by 3.3% and 8.1% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 10.5% in 3 years.
Key information
3.3%
Earnings growth rate
4.8%
EPS growth rate
Insurance earnings growth | 7.1% |
Revenue growth rate | 8.1% |
Future return on equity | 10.5% |
Analyst coverage | Good |
Last updated | 17 Apr 2024 |
Recent future growth updates
Recent updates
Definity Financial (TSE:DFY) Is Increasing Its Dividend To CA$0.16
Mar 10Is Now The Time To Put Definity Financial (TSE:DFY) On Your Watchlist?
Feb 24Definity Financial Corporation's (TSE:DFY) Popularity With Investors Is Under Threat From Overpricing
Jan 20Do Definity Financial's (TSE:DFY) Earnings Warrant Your Attention?
May 24Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 4,862 | 379 | N/A | N/A | 1 |
12/31/2025 | 4,673 | 375 | N/A | N/A | 3 |
12/31/2024 | 4,351 | 349 | N/A | N/A | 3 |
12/31/2023 | 3,862 | 350 | 264 | 352 | N/A |
9/30/2023 | 4,008 | 450 | 337 | 336 | N/A |
6/30/2023 | 3,977 | 534 | 300 | 292 | N/A |
3/31/2023 | 3,689 | 386 | 308 | 309 | N/A |
12/31/2022 | 3,049 | 111 | 215 | 306 | N/A |
9/30/2022 | 2,878 | -40 | 300 | 370 | N/A |
6/30/2022 | 2,797 | -23 | 401 | 453 | N/A |
3/31/2022 | 2,819 | 98 | 518 | 546 | N/A |
12/31/2021 | 2,963 | 213 | 655 | 655 | N/A |
9/30/2021 | 2,875 | 246 | 637 | 637 | N/A |
6/30/2021 | 2,795 | 239 | 567 | 567 | N/A |
3/31/2021 | 2,692 | 216 | 433 | 433 | N/A |
12/31/2020 | 2,582 | 154 | 490 | 490 | N/A |
12/31/2019 | 2,498 | 17 | 139 | 139 | N/A |
12/31/2018 | 2,426 | -73 | 45 | 45 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DFY's forecast earnings growth (3.3% per year) is above the savings rate (2%).
Earnings vs Market: DFY's earnings (3.3% per year) are forecast to grow slower than the Canadian market (12.1% per year).
High Growth Earnings: DFY's earnings are forecast to grow, but not significantly.
Revenue vs Market: DFY's revenue (8.1% per year) is forecast to grow faster than the Canadian market (6.6% per year).
High Growth Revenue: DFY's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DFY's Return on Equity is forecast to be low in 3 years time (10.5%).