Absa Group Future Growth
Future criteria checks 2/6
Absa Group is forecast to grow earnings and revenue by 12% and 10.7% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 15.9% in 3 years.
Key information
12.0%
Earnings growth rate
11.2%
EPS growth rate
Banks earnings growth | 0.5% |
Revenue growth rate | 10.7% |
Future return on equity | 15.9% |
Analyst coverage | Good |
Last updated | 26 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 126,109 | 28,466 | N/A | N/A | 8 |
12/31/2025 | 118,851 | 26,168 | N/A | N/A | 9 |
12/31/2024 | 112,144 | 22,768 | N/A | N/A | 9 |
12/31/2023 | 89,107 | 19,891 | -67,132 | -59,993 | N/A |
9/30/2023 | 87,496 | 20,282 | -46,967 | -40,255 | N/A |
6/30/2023 | 87,966 | 20,962 | -25,489 | -19,203 | N/A |
3/31/2023 | 86,538 | 20,759 | -35,944 | -29,859 | N/A |
12/31/2022 | 83,028 | 20,265 | -47,714 | -41,829 | N/A |
9/30/2022 | 82,530 | 20,126 | -68,045 | -62,643 | N/A |
6/30/2022 | 82,032 | 19,986 | -88,376 | -83,458 | N/A |
3/31/2022 | 79,687 | 18,875 | -97,697 | -93,032 | N/A |
12/31/2021 | 77,342 | 17,763 | -107,018 | -102,607 | N/A |
9/30/2021 | 74,651 | 15,660 | -111,579 | -107,446 | N/A |
6/30/2021 | 71,863 | 13,557 | -116,115 | -112,260 | N/A |
3/31/2021 | 66,446 | 9,719 | -112,163 | -107,791 | N/A |
12/31/2020 | 61,029 | 5,880 | -108,211 | -103,322 | N/A |
9/30/2020 | 61,779 | 6,490 | 11,159 | 10,556 | N/A |
6/30/2020 | 62,529 | 7,100 | 16,149 | 15,778 | N/A |
3/31/2020 | 67,411 | 10,678 | 14,929 | 14,744 | N/A |
12/31/2019 | 72,292 | 14,256 | 13,709 | 13,709 | N/A |
9/30/2019 | 71,852 | 14,281 | 15,617 | 15,641 | N/A |
6/30/2019 | 71,411 | 14,305 | 17,524 | 17,572 | N/A |
3/31/2019 | 70,782 | 14,111 | 15,704 | 15,728 | N/A |
12/31/2018 | 70,153 | 13,917 | 13,884 | 13,884 | N/A |
9/30/2018 | 69,060 | 13,818 | 3,834 | 5,402 | N/A |
6/30/2018 | 67,966 | 13,718 | -6,216 | -3,081 | N/A |
3/31/2018 | 67,117 | 13,803 | -3,375 | -1,807 | N/A |
12/31/2017 | 66,268 | 13,888 | -534 | -534 | N/A |
9/30/2017 | 65,548 | 14,500 | N/A | 5,448 | N/A |
6/30/2017 | 64,828 | 15,112 | N/A | 11,429 | N/A |
3/31/2017 | 64,173 | 14,910 | N/A | 13,242 | N/A |
12/31/2016 | 63,517 | 14,708 | N/A | 15,054 | N/A |
9/30/2016 | 63,039 | 14,644 | N/A | -15,124 | N/A |
6/30/2016 | 62,560 | 14,580 | N/A | -45,302 | N/A |
3/31/2016 | 61,402 | 14,456 | N/A | -46,064 | N/A |
12/31/2015 | 60,243 | 14,331 | N/A | -46,827 | N/A |
9/30/2015 | 59,410 | 14,076 | N/A | -22,879 | N/A |
6/30/2015 | 58,577 | 13,820 | N/A | 1,069 | N/A |
3/31/2015 | 57,699 | 13,518 | N/A | 1,863 | N/A |
12/31/2014 | 56,820 | 13,216 | N/A | 2,656 | N/A |
9/30/2014 | 55,777 | 12,885 | N/A | -21,134 | N/A |
6/30/2014 | 54,734 | 12,554 | N/A | -44,924 | N/A |
3/31/2014 | 53,545 | 12,268 | N/A | -44,681 | N/A |
12/31/2013 | 52,355 | 11,981 | N/A | -44,439 | N/A |
9/30/2013 | 52,100 | 11,702 | N/A | -31,457 | N/A |
6/30/2013 | 51,844 | 11,422 | N/A | 13,106 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AU6's forecast earnings growth (12% per year) is above the savings rate (0.6%).
Earnings vs Market: AU6's earnings (12% per year) are forecast to grow slower than the German market (15.1% per year).
High Growth Earnings: AU6's earnings are forecast to grow, but not significantly.
Revenue vs Market: AU6's revenue (10.7% per year) is forecast to grow faster than the German market (5.5% per year).
High Growth Revenue: AU6's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AU6's Return on Equity is forecast to be low in 3 years time (15.9%).