Chemring Group Future Growth

Future criteria checks 4/6

Chemring Group is forecast to grow earnings and revenue by 22.2% and 8.3% per annum respectively. EPS is expected to grow by 21.8% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

22.2%

Earnings growth rate

21.8%

EPS growth rate

Aerospace & Defense earnings growth	25.2%
Revenue growth rate	8.3%
Future return on equity	14.0%
Analyst coverage	Low
Last updated	04 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:CMN1 - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2027	675	N/A	69	122	2
10/31/2026	583	61	36	97	5
10/31/2025	535	53	35	91	5
10/31/2024	503	47	37	69	5
4/30/2024	490	31	11	68	N/A
1/31/2024	481	34	21	67	N/A
10/31/2023	473	38	32	66	N/A
4/30/2023	387	37	30	59	N/A
1/31/2023	394	41	38	70	N/A
10/31/2022	401	44	46	81	N/A
7/31/2022	429	47	47	81	N/A
4/30/2022	415	47	49	82	N/A
1/31/2022	404	44	47	79	N/A
10/31/2021	393	42	46	76	N/A
7/31/2021	402	41	33	65	N/A
4/30/2021	410	40	20	55	N/A
1/31/2021	406	37	28	65	N/A
10/31/2020	403	35	35	76	N/A
7/31/2020	395	35	40	82	N/A
4/30/2020	387	36	46	89	N/A
1/31/2020	361	30	31	75	N/A
10/31/2019	335	23	17	62	N/A
7/31/2019	319	2	16	55	N/A
4/30/2019	304	-18	14	49	N/A
1/31/2019	301	-30	14	42	N/A
10/31/2018	297	-41	14	36	N/A
7/31/2018	244	-30	29	49	N/A
4/30/2018	191	-20	44	62	N/A
1/31/2018	249	-12	N/A	47	N/A
10/31/2017	307	-4	N/A	32	N/A
7/31/2017	427	6	N/A	43	N/A
4/30/2017	547	16	N/A	54	N/A
1/31/2017	512	11	N/A	59	N/A
10/31/2016	477	7	N/A	65	N/A
7/31/2016	436	0	N/A	40	N/A
4/30/2016	396	-7	N/A	15	N/A
1/31/2016	387	-6	N/A	20	N/A
10/31/2015	377	-5	N/A	26	N/A
7/31/2015	367	-11	N/A	28	N/A
4/30/2015	356	-17	N/A	30	N/A
1/31/2015	380	-9	N/A	38	N/A
10/31/2014	403	-1	N/A	46	N/A
7/31/2014	429	-23	N/A	62	N/A
4/30/2014	456	-44	N/A	79	N/A
1/31/2014	464	-50	N/A	67	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMN1's forecast earnings growth (22.2% per year) is above the savings rate (1%).

Earnings vs Market: CMN1's earnings (22.2% per year) are forecast to grow faster than the German market (21.1% per year).

High Growth Earnings: CMN1's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CMN1's revenue (8.3% per year) is forecast to grow faster than the German market (5.6% per year).

High Growth Revenue: CMN1's revenue (8.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CMN1's Return on Equity is forecast to be low in 3 years time (14%).

Chemring Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Chemring Group PLC Provides Revenue Guidance for the Year Ending 31 October 2023

Chemring Group Reaffirms Revenue Guidance for the Year 2021

Recent updates

Chemring Group PLC to Report Fiscal Year 2024 Results on Dec 17, 2024

Upcoming dividend of UK£0.026 per share

Chemring Group plc Announces Board Changes

New minor risk - Profit margin trend

First half 2024 earnings released: EPS: UK£0.045 (vs UK£0.066 in 1H 2023)

Group Chief Executive & Director recently sold €577k worth of stock

Upcoming dividend of UK£0.046 per share

New minor risk - Insider selling

Group Chief Executive & Director recently sold €778k worth of stock

Chemring Group PLC to Report First Half, 2024 Results on Jun 04, 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: UK£0.13 (vs UK£0.17 in FY 2022)

Chemring Group PLC, Annual General Meeting, Feb 23, 2024

Now 20% undervalued

Chemring Group PLC Provides Revenue Guidance for the Year Ending 31 October 2023

Upcoming dividend of UK£0.023 per share at 2.0% yield

Chemring Group PLC to Report Q4, 2023 Results on Dec 12, 2023

Insufficient new directors

Chemring Group plc Announces Appointment of Alpna Amar as an Independent Non-Executive Director with Immediate Effect

First half 2023 earnings released: EPS: UK£0.066 (vs UK£0.095 in 1H 2022)

Chemring Group plc Announces Appointment of James Mortensen as Chief Financial Officer

Now 22% undervalued

Upcoming dividend of UK£0.038 per share at 2.1% yield

Chemring Group PLC to Report Q2, 2023 Results on Jun 06, 2023

Independent Non-Executive Director recently bought €209k worth of stock

Chemring Group PLC Announces Retirement of Andrew Lewis as Director

CFO & Director recently sold €1.2m worth of stock

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: UK£0.17 (vs UK£0.15 in FY 2021)

Chemring Group PLC Recommends Final Dividend for the Year Ended 31 October 2022, Payable on 14 April 2023

Insufficient new directors

Investor sentiment improved over the past week

Chemring Group PLC to Report Fiscal Year 2022 Results on Dec 13, 2022

Insufficient new directors

Upcoming dividend of UK£0.019 per share

Group Legal Director recently sold €69k worth of stock

First half 2022 earnings released

Group Finance Director & Director recently sold €71k worth of stock

Chemring Group PLC to Report First Half, 2022 Results on Jun 08, 2022

Upcoming dividend of UK£0.032 per share

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of UK£0.016 per share

High number of new directors

Group Chief Executive & Director recently sold €540k worth of stock

First half 2021 earnings released: EPS UK£0.076 (vs UK£0.058 in 1H 2020)

Chemring Group PLC (LSE:CHG) acquired Cubica Group.

Chemring Group Reaffirms Revenue Guidance for the Year 2021

Upcoming dividend of UK£0.026 per share

Chemring Group PLC to Report First Half, 2021 Results on Jun 03, 2021

New 90-day high: €3.29

Chemring Group PLC, Annual General Meeting, Mar 04, 2021

New 90-day high: €3.25

Full year 2020 earnings released: EPS UK£0.12

Revenue beats expectations

New 90-day high: €2.96

Chemring Group plc Announces its UK Subsidiary, Chemring Countermeasures UK Receives Contracts Worth £25.8 Million

New 90-day high: €2.94

New 90-day high - €2.91

Nammo AS completed the acquisition of Chemring Ordnance, Inc. from Chemring Group PLC (LSE:CHG).

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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