Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi Future Growth

Future criteria checks 4/6

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi is forecast to grow earnings and revenue by 7.8% and 35% per annum respectively. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 24.4% in 3 years.

Key information

7.8%

Earnings growth rate

16.7%

EPS growth rate

Beverage earnings growth	12.0%
Revenue growth rate	35.0%
Future return on equity	24.4%
Analyst coverage	Good
Last updated	23 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:EF41 - Analysts future estimates and past financials data (TRY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	418,027	23,708	22,559	20,874	3
12/31/2025	315,564	20,018	17,572	20,400	6
12/31/2024	249,375	14,571	15,231	20,646	3
6/30/2024	158,956	20,248	9,586	21,176	N/A
3/31/2024	162,185	22,254	9,996	20,328	N/A
12/31/2023	159,877	22,129	11,770	22,332	N/A
9/30/2023	245,449	25,981	8,814	24,367	N/A
6/30/2023	225,414	23,331	4,557	18,268	N/A
3/31/2023	186,208	18,796	913	12,184	N/A
12/31/2022	155,060	15,384	5,497	14,550	N/A
9/30/2022	79,004	3,177	8,202	13,076	N/A
6/30/2022	61,036	1,652	8,140	12,470	N/A
3/31/2022	46,892	641	4,774	8,494	N/A
12/31/2021	39,284	1,068	4,957	8,073	N/A
9/30/2021	34,753	1,392	4,662	7,018	N/A
6/30/2021	31,706	1,285	4,179	6,307	N/A
3/31/2021	28,389	1,224	3,966	5,889	N/A
12/31/2020	26,743	819	3,227	4,972	N/A
9/30/2020	25,336	890	3,910	5,511	N/A
6/30/2020	23,634	1,024	2,782	4,470	N/A
3/31/2020	23,677	1,099	1,530	3,366	N/A
12/31/2019	23,077	1,031	2,334	4,157	N/A
9/30/2019	22,390	952	1,387	3,286	N/A
6/30/2019	21,673	303	1,897	3,728	N/A
3/31/2019	19,894	-83	1,287	2,938	N/A
12/31/2018	18,690	-12	1,208	2,818	N/A
9/30/2018	16,908	-324	1,896	3,177	N/A
6/30/2018	14,593	-4	1,282	2,387	N/A
3/31/2018	13,016	128	N/A	2,197	N/A
12/31/2017	12,732	149	N/A	2,190	N/A
9/30/2017	12,344	-91	N/A	2,184	N/A
6/30/2017	11,580	-213	N/A	1,999	N/A
3/31/2017	10,913	-216	N/A	1,853	N/A
12/31/2016	10,420	-71	N/A	1,876	N/A
9/30/2016	10,210	346	N/A	1,673	N/A
6/30/2016	10,152	74	N/A	1,801	N/A
3/31/2016	10,207	74	N/A	1,845	N/A
12/31/2015	10,205	-198	N/A	1,827	N/A
9/30/2015	10,111	-929	N/A	1,682	N/A
6/30/2015	9,973	-768	N/A	1,333	N/A
3/31/2015	9,946	-625	N/A	1,496	N/A
12/31/2014	10,021	-512	N/A	1,569	N/A
9/30/2014	10,005	-28	N/A	1,885	N/A
6/30/2014	9,756	115	N/A	1,645	N/A
3/31/2014	9,504	-83	N/A	1,497	N/A
12/31/2013	9,196	2,609	N/A	1,264	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EF41's forecast earnings growth (7.8% per year) is above the savings rate (0.8%).

Earnings vs Market: EF41's earnings (7.8% per year) are forecast to grow slower than the German market (20.2% per year).

High Growth Earnings: EF41's earnings are forecast to grow, but not significantly.

Revenue vs Market: EF41's revenue (35% per year) is forecast to grow faster than the German market (5.4% per year).

High Growth Revenue: EF41's revenue (35% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EF41's Return on Equity is forecast to be high in 3 years time (24.4%)