Audax Renovables Future Growth

Future criteria checks 1/6

Audax Renovables is forecast to grow earnings and revenue by 8.6% and 3.5% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 20% in 3 years.

Key information

8.6%

Earnings growth rate

9.4%

EPS growth rate

Renewable Energy earnings growth	16.6%
Revenue growth rate	3.5%
Future return on equity	20.0%
Analyst coverage	Low
Last updated	21 Nov 2024

Recent future growth updates

Recent updates

Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?

Nov 07

Audax Renovables' (BME:ADX) Returns On Capital Are Heading Higher

May 09

A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price Climb

Apr 03

Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The Business

Feb 19

Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?

Oct 30

When Should You Buy Audax Renovables, S.A. (BME:ADX)?

Sep 16

Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?

Apr 28

Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital Effectively

Apr 13

Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?

Mar 18

These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably Well

Mar 04

Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?

Feb 07

What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?

Jan 18

Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?

Dec 27

Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last Year

Dec 06

Earnings and Revenue Growth Forecasts

BME:ADX - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,142	63	36	N/A	2
12/31/2025	2,139	57	27	N/A	2
12/31/2024	2,113	50	42	N/A	3
9/30/2024	1,897	51	N/A	N/A	N/A
6/30/2024	1,958	54	29	75	N/A
3/31/2024	2,075	43	N/A	N/A	N/A
12/31/2023	2,290	29	109	141	N/A
9/30/2023	2,379	28	N/A	N/A	N/A
6/30/2023	2,520	12	148	191	N/A
3/31/2023	2,587	5	N/A	N/A	N/A
12/31/2022	2,626	4	106	151	N/A
9/30/2022	2,575	3	N/A	N/A	N/A
6/30/2022	2,311	2	-61	-20	N/A
3/31/2022	2,079	2	N/A	N/A	N/A
12/31/2021	1,679	-2	-112	-74	N/A
9/30/2021	1,481	16	N/A	N/A	N/A
6/30/2021	1,253	19	-67	-40	N/A
3/31/2021	1,074	26	N/A	N/A	N/A
12/31/2020	967	26	59	76	N/A
9/30/2020	900	25	N/A	N/A	N/A
6/30/2020	919	23	117	133	N/A
3/31/2020	987	25	N/A	N/A	N/A
12/31/2019	1,041	25	23	56	N/A
9/30/2019	1,042	18	N/A	N/A	N/A
6/30/2019	1,082	17	-30	-7	N/A
3/31/2019	1,086	12	N/A	N/A	N/A
12/31/2018	984	8	53	56	N/A
12/31/2017	671	8	N/A	-85	N/A
12/31/2016	360	12	N/A	19	N/A
12/31/2015	488	12	N/A	5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADX's forecast earnings growth (8.6% per year) is above the savings rate (1.8%).

Earnings vs Market: ADX's earnings (8.6% per year) are forecast to grow slower than the Spanish market (8.7% per year).

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

Revenue vs Market: ADX's revenue (3.5% per year) is forecast to grow slower than the Spanish market (4.9% per year).

High Growth Revenue: ADX's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ADX's Return on Equity is forecast to be low in 3 years time (20%).

Audax Renovables Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.6% to €2.39

Consensus revenue estimates decrease by 12%, EPS upgraded

Price target increased by 9.0% to €2.29

Price target increased by 11% to €2.10

Price target increased by 11% to €2.00

Consensus EPS estimates increase by 77%, revenue downgraded

Recent updates

Third quarter 2024 earnings released: EPS: €0.026 (vs €0.033 in 3Q 2023)

Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?

Now 21% undervalued after recent price drop

New major risk - Financial position

Price target increased by 8.6% to €2.39

Second quarter 2024 earnings released: EPS: €0.039 (vs €0.014 in 2Q 2023)

Consensus revenue estimates decrease by 12%, EPS upgraded

Price target increased by 9.0% to €2.29

Now 20% overvalued after recent price rise

New minor risk - Shareholder dilution

Price target increased by 11% to €2.10

First quarter 2024 earnings released: EPS: €0.036 (vs €0.005 in 1Q 2023)

Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024

Audax Renovables' (BME:ADX) Returns On Capital Are Heading Higher

New minor risk - Share price stability

A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price Climb

Investor sentiment improves as stock rises 16%

Price target increased by 11% to €2.00

We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its Debt

Consensus EPS estimates increase by 77%, revenue downgraded

Second quarter 2023 earnings released: EPS: €0.014 (vs €0.002 loss in 2Q 2022)

Consensus EPS estimates increase by 26%

Consensus EPS estimates increase by 25%

Is Audax Renovables (BME:ADX) A Risky Investment?

Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?

Full year 2022 earnings released: EPS: €0.01 (vs €0.006 in FY 2021)

Be Wary Of Audax Renovables (BME:ADX) And Its Returns On Capital

Investor sentiment improved over the past week

Audax Renovables, S.A. (BME:ADX) announces an Equity Buyback for 800,000 shares, representing 0.18% for €1 million.

Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?

Less than half of directors are independent

Second quarter 2022 earnings released

Is Audax Renovables (BME:ADX) Using Too Much Debt?

Audax Renovables, S.A. to Report Q3, 2022 Results on Nov 15, 2022

Consensus forecasts updated

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The Business

Consensus EPS estimates increase by 35%

Price target decreased to €2.50

Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?

Second quarter 2021 earnings released

When Should You Buy Audax Renovables, S.A. (BME:ADX)?

Consensus forecasts updated

Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?

Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital Effectively

Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?

These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably Well

Full year 2020 earnings released: EPS €0.06 (vs €0.058 in FY 2019)

Revenue and earnings beat expectations

Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?

What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?

Audax Renovables, S.A. (BME:ADX) acquired Two 5-MWp solar photovoltaic projects in Toledo from Energy Pool.

Global Portfolio Investments, S. L. managed by Indumenta Pueri, S.L. acquired a 5.8% stake in Audax Renovables, S.A. (BME:ADX) from Electrica Nuriel S.L. for €56.2 million.

Investor sentiment improved over the past week

New 90-day high: €2.31

Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?

Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last Year

New 90-day low: €1.65

Audax Renovables, S.A. announced that it has received €125 million in funding

Market pulls back on stock over the past week

Third quarter 2020 earnings released: EPS €0.014

Market bids up stock over the past week

New 90-day high: €2.07

Audax Renovables, S.A. to Report Q1, 2021 Results on May 15, 2021

Audax Renovables, S.A. (BME:ADX) completed the acquisition of E.ON Energiakereskedelmi Korlátolt Felelosségu Társaság from E.ON Hungária Zrt.

First half earnings released

Audax Renovables, S.A. (BME:ADX) acquired a 75% stake in PH Simples.