Novoray Future Growth
Future criteria checks 5/6
Novoray is forecast to grow earnings and revenue by 28.4% and 23.6% per annum respectively. EPS is expected to grow by 28% per annum. Return on equity is forecast to be 19% in 3 years.
Key information
28.4%
Earnings growth rate
28.0%
EPS growth rate
| Chemicals earnings growth | 33.5% |
| Revenue growth rate | 23.6% |
| Future return on equity | 19.0% |
| Analyst coverage | Low |
| Last updated | 26 Aug 2024 |
Recent future growth updates
Recent updates
If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity
Aug 20
Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business
Jul 29What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You
Jul 13Why Novoray Corporation (SHSE:688300) Could Be Worth Watching
Jun 19If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity
May 13Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?
Apr 23Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 01Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts
Mar 28Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%
Mar 01When Should You Buy Novoray Corporation (SHSE:688300)?
Feb 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,489 | 429 | N/A | 354 | 4 |
| 12/31/2025 | 1,177 | 326 | N/A | 270 | 4 |
| 12/31/2024 | 924 | 238 | N/A | 163 | 4 |
| 6/30/2024 | 841 | 218 | 164 | 236 | N/A |
| 3/31/2024 | 769 | 197 | 137 | 189 | N/A |
| 12/31/2023 | 712 | 174 | 194 | 247 | N/A |
| 9/30/2023 | 685 | 182 | 139 | 203 | N/A |
| 6/30/2023 | 625 | 169 | 156 | 248 | N/A |
| 3/31/2023 | 630 | 174 | 130 | 277 | N/A |
| 12/31/2022 | 662 | 188 | 86 | 241 | N/A |
| 9/30/2022 | 657 | 175 | 24 | 213 | N/A |
| 6/30/2022 | 686 | 186 | -47 | 161 | N/A |
| 3/31/2022 | 663 | 179 | -64 | 117 | N/A |
| 12/31/2021 | 625 | 173 | -55 | 153 | N/A |
| 9/30/2021 | 581 | 169 | -94 | 117 | N/A |
| 6/30/2021 | 522 | 147 | -42 | 135 | N/A |
| 3/31/2021 | 473 | 130 | -57 | 104 | N/A |
| 12/31/2020 | 404 | 111 | -34 | 90 | N/A |
| 9/30/2020 | 367 | 92 | 19 | 98 | N/A |
| 6/30/2020 | 341 | 82 | 29 | 95 | N/A |
| 3/31/2020 | 321 | 78 | 27 | 100 | N/A |
| 12/31/2019 | 315 | 75 | 20 | 81 | N/A |
| 9/30/2019 | 298 | 69 | 43 | 97 | N/A |
| 6/30/2019 | 292 | 67 | 23 | 70 | N/A |
| 3/31/2019 | 277 | 60 | 29 | 53 | N/A |
| 12/31/2018 | 278 | 58 | 30 | 56 | N/A |
| 9/30/2018 | 264 | 54 | 8 | 34 | N/A |
| 6/30/2018 | 249 | 50 | -14 | 12 | N/A |
| 3/31/2018 | 230 | 46 | N/A | 9 | N/A |
| 12/31/2017 | 211 | 42 | N/A | 6 | N/A |
| 9/30/2017 | 193 | 41 | N/A | 17 | N/A |
| 6/30/2017 | 176 | 39 | N/A | 27 | N/A |
| 3/31/2017 | 165 | 36 | N/A | 22 | N/A |
| 12/31/2016 | 154 | 33 | N/A | 18 | N/A |
| 9/30/2016 | 143 | 27 | N/A | N/A | N/A |
| 6/30/2016 | 132 | 20 | N/A | 16 | N/A |
| 3/31/2016 | 127 | 19 | N/A | 12 | N/A |
| 12/31/2015 | 122 | 18 | N/A | 7 | N/A |
| 9/30/2015 | 121 | 19 | N/A | 3 | N/A |
| 6/30/2015 | 132 | 20 | N/A | 9 | N/A |
| 3/31/2015 | 131 | 19 | N/A | 16 | N/A |
| 12/31/2014 | 125 | 19 | N/A | 17 | N/A |
| 12/31/2013 | 120 | 14 | N/A | 28 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688300's forecast earnings growth (28.4% per year) is above the savings rate (2.9%).
Earnings vs Market: 688300's earnings (28.4% per year) are forecast to grow faster than the CN market (23.1% per year).
High Growth Earnings: 688300's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688300's revenue (23.6% per year) is forecast to grow faster than the CN market (13.2% per year).
High Growth Revenue: 688300's revenue (23.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688300's Return on Equity is forecast to be low in 3 years time (19%).