Novavest Real Estate Past Earnings Performance
Past criteria checks 0/6
Novavest Real Estate's earnings have been declining at an average annual rate of -13.4%, while the Real Estate industry saw earnings declining at 11.8% annually. Revenues have been growing at an average rate of 8.2% per year. Novavest Real Estate's return on equity is 0.6%, and it has net margins of 8.8%.
Key information
-13.4%
Earnings growth rate
-19.9%
EPS growth rate
| Real Estate Industry Growth | 8.3% |
| Revenue growth rate | 8.2% |
| Return on equity | 0.6% |
| Net Margin | 8.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Novavest Real Estate (VTX:NREN) Has A Somewhat Strained Balance Sheet
Mar 22
Should You Or Shouldn't You: A Dividend Analysis on Novavest Real Estate AG (VTX:NREN)
Feb 09Here's Why We Think Novavest Real Estate (VTX:NREN) Is Well Worth Watching
Jan 19
Novavest Real Estate (VTX:NREN) Has Compensated Shareholders With A Respectable 50% Return On Their Investment
Dec 31Should You Rely On Novavest Real Estate's (VTX:NREN) Earnings Growth?
Dec 08How Did Novavest Real Estate AG's (VTX:NREN) 6.2% ROE Fare Against The Industry?
Nov 25Revenue & Expenses Breakdown
How Novavest Real Estate makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 30 | 3 | 5 | 0 |
| 31 Mar 24 | 30 | -1 | 5 | 0 |
| 31 Dec 23 | 30 | -4 | 5 | 0 |
| 30 Sep 23 | 30 | 3 | 5 | 0 |
| 30 Jun 23 | 30 | 10 | 5 | 0 |
| 31 Mar 23 | 30 | 16 | 5 | 0 |
| 31 Dec 22 | 29 | 22 | 5 | 0 |
| 30 Sep 22 | 29 | 26 | 5 | 0 |
| 30 Jun 22 | 28 | 30 | 5 | 0 |
| 31 Mar 22 | 28 | 30 | 5 | 0 |
| 31 Dec 21 | 27 | 29 | 5 | 0 |
| 30 Sep 21 | 26 | 25 | 4 | 0 |
| 30 Jun 21 | 25 | 20 | 4 | 0 |
| 31 Mar 21 | 25 | 19 | 4 | 0 |
| 31 Dec 20 | 24 | 18 | 4 | 0 |
| 30 Sep 20 | 23 | 17 | 5 | 0 |
| 30 Jun 20 | 22 | 16 | 5 | 0 |
| 31 Mar 20 | 22 | 15 | 4 | 0 |
| 31 Dec 19 | 21 | 14 | 4 | 0 |
| 30 Sep 19 | 21 | 13 | 4 | 0 |
| 30 Jun 19 | 20 | 11 | 4 | 0 |
| 31 Mar 19 | 20 | 12 | 3 | 0 |
| 31 Dec 18 | 19 | 12 | 3 | 0 |
| 30 Sep 18 | 19 | 14 | 3 | 0 |
| 30 Jun 18 | 20 | 15 | 3 | 0 |
| 31 Mar 18 | 19 | 14 | 3 | 0 |
| 31 Dec 17 | 18 | 12 | 3 | 0 |
| 30 Sep 17 | 17 | 10 | 3 | 0 |
| 30 Jun 17 | 17 | 8 | 3 | 0 |
| 31 Mar 17 | 15 | 7 | 3 | 0 |
| 31 Dec 16 | 14 | 6 | 3 | 0 |
| 30 Sep 16 | 12 | 5 | 3 | 0 |
| 30 Jun 16 | 9 | 5 | 3 | 0 |
| 31 Mar 16 | 9 | 5 | 3 | 0 |
| 31 Dec 15 | 8 | 5 | 2 | 0 |
| 30 Sep 15 | 7 | 4 | 2 | 0 |
| 30 Jun 15 | 6 | 4 | 2 | 0 |
| 31 Mar 15 | 5 | 2 | 3 | 0 |
| 31 Dec 14 | 3 | 1 | 3 | 0 |
| 31 Dec 13 | 0 | 0 | 1 | 0 |
Quality Earnings: NREN has a large one-off loss of CHF11.9M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: NREN's current net profit margins (8.8%) are lower than last year (32.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NREN's earnings have declined by 13.4% per year over the past 5 years.
Accelerating Growth: NREN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NREN had negative earnings growth (-73.1%) over the past year, making it difficult to compare to the Real Estate industry average (-6.2%).
Return on Equity
High ROE: NREN's Return on Equity (0.6%) is considered low.