Stock Analysis

Figeac Aero Société Anonyme (EPA:FGA) Annual Results: Here's What Analysts Are Forecasting For This Year

ENXTPA:FGA
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As you might know, Figeac Aero Société Anonyme (EPA:FGA) recently reported its yearly numbers. It was an okay report, and revenues came in at €397m, approximately in line with analyst estimates leading up to the results announcement. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for Figeac Aero Société Anonyme

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ENXTPA:FGA Earnings and Revenue Growth June 29th 2024

After the latest results, the three analysts covering Figeac Aero Société Anonyme are now predicting revenues of €429.4m in 2025. If met, this would reflect a solid 8.1% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €432.4m and earnings per share (EPS) of €0.053 in 2025. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.

We'd also point out that thatthe analysts have made no major changes to their price target of €7.33. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Figeac Aero Société Anonyme, with the most bullish analyst valuing it at €8.50 and the most bearish at €6.40 per share. This is a very narrow spread of estimates, implying either that Figeac Aero Société Anonyme is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Figeac Aero Société Anonyme's past performance and to peers in the same industry. For example, we noticed that Figeac Aero Société Anonyme's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 8.1% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 4.1% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 9.9% annually for the foreseeable future. Although Figeac Aero Société Anonyme's revenues are expected to improve, it seems that the analysts are still bearish on the business, forecasting it to grow slower than the broader industry.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Figeac Aero Société Anonyme's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

At least one of Figeac Aero Société Anonyme's three analysts has provided estimates out to 2027, which can be seen for free on our platform here.

You can also see whether Figeac Aero Société Anonyme is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

Valuation is complex, but we're helping make it simple.

Find out whether Figeac Aero Société Anonyme is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we're helping make it simple.

Find out whether Figeac Aero Société Anonyme is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com