Carrefour Future Growth

Future criteria checks 2/6

Carrefour is forecast to grow earnings and revenue by 14.5% and 2.1% per annum respectively. EPS is expected to grow by 16.5% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

14.5%

Earnings growth rate

16.5%

EPS growth rate

Consumer Retailing earnings growth	10.4%
Revenue growth rate	2.1%
Future return on equity	12.5%
Analyst coverage	Good
Last updated	28 Oct 2024

Recent future growth updates

Carrefour SA Recorded A 7.1% Miss On Revenue: Analysts Are Revisiting Their Models

Jul 29

Recent updates

An Intrinsic Calculation For Carrefour SA (EPA:CA) Suggests It's 31% Undervalued

Dec 12

Is Carrefour (EPA:CA) A Risky Investment?

Nov 14

Slowing Rates Of Return At Carrefour (EPA:CA) Leave Little Room For Excitement

Oct 01

Here's Why We Think Carrefour (EPA:CA) Is Well Worth Watching

Sep 15

An Intrinsic Calculation For Carrefour SA (EPA:CA) Suggests It's 21% Undervalued

Aug 31

Carrefour SA Recorded A 7.1% Miss On Revenue: Analysts Are Revisiting Their Models

Jul 29

Here's Why Carrefour (EPA:CA) Has A Meaningful Debt Burden

Jun 19

The Returns At Carrefour (EPA:CA) Aren't Growing

Jun 04

If EPS Growth Is Important To You, Carrefour (EPA:CA) Presents An Opportunity

May 21

Carrefour (EPA:CA) Is Increasing Its Dividend To €0.56

May 08

Calculating The Intrinsic Value Of Carrefour SA (EPA:CA)

May 03

Why Investors Shouldn't Be Surprised By Carrefour SA's (EPA:CA) Low P/E

Apr 04

Is Carrefour (EPA:CA) A Risky Investment?

Mar 05

Return Trends At Carrefour (EPA:CA) Aren't Appealing

Feb 10

These 4 Measures Indicate That Carrefour (EPA:CA) Is Using Debt Extensively

Dec 26

How Much Of Carrefour SA (EPA:CA) Do Institutions Own?

Dec 13

Does Carrefour's (EPA:CA) Statutory Profit Adequately Reflect Its Underlying Profit?

Nov 30

Earnings and Revenue Growth Forecasts

ENXTPA:CA - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	90,393	1,359	1,504	4,533	7
12/31/2025	88,092	1,215	1,397	4,397	8
12/31/2024	84,937	922	1,168	4,045	9
6/30/2024	84,622	837	2,750	4,572	N/A
3/31/2024	84,665	884	2,775	4,611	N/A
12/31/2023	84,708	930	2,800	4,650	N/A
9/30/2023	85,307	1,090	2,605	4,536	N/A
6/30/2023	85,904	1,249	2,409	4,422	N/A
3/31/2023	84,399	1,309	2,373	4,321	N/A
12/31/2022	82,893	1,369	2,337	4,219	N/A
9/30/2022	78,985	1,181	2,337	4,070	N/A
6/30/2022	75,077	993	2,337	3,920	N/A
3/31/2022	73,343	998	2,207	3,791	N/A
12/31/2021	71,608	1,002	2,076	3,661	N/A
9/30/2021	71,796	971	2,051	3,625	N/A
6/30/2021	71,983	939	2,025	3,589	N/A
3/31/2021	71,969	801	1,965	3,492	N/A
12/31/2020	71,954	663	1,904	3,395	N/A
9/30/2020	72,602	540	1,802	3,339	N/A
6/30/2020	73,250	416	1,700	3,282	N/A
3/31/2020	73,583	223	1,611	3,265	N/A
12/31/2019	73,916	29	1,522	3,247	N/A
9/30/2019	73,768	14	1,254	2,937	N/A
6/30/2019	73,619	-1	986	2,627	N/A
3/31/2019	73,761	-94	767	2,368	N/A
12/31/2018	73,902	-188	548	2,108	N/A
9/30/2018	75,343	-586	789	2,535	N/A
6/30/2018	76,784	-984	1,029	2,961	N/A
3/31/2018	78,346	-619	N/A	2,902	N/A
12/31/2017	79,908	-254	N/A	2,843	N/A
9/30/2017	79,986	252	N/A	2,791	N/A
6/30/2017	80,063	757	N/A	2,739	N/A
3/31/2017	79,182	772	N/A	3,022	N/A
12/31/2016	78,301	786	N/A	3,305	N/A
9/30/2016	77,626	845	N/A	3,090	N/A
6/30/2016	76,950	903	N/A	2,874	N/A
3/31/2016	77,663	940	N/A	2,846	N/A
12/31/2015	78,376	976	N/A	2,818	N/A
9/30/2015	78,104	995	N/A	2,867	N/A
6/30/2015	77,831	1,014	N/A	2,915	N/A
3/31/2015	76,850	1,098	N/A	2,762	N/A
12/31/2014	75,869	1,182	N/A	2,609	N/A
9/30/2014	75,738	1,002	N/A	2,255	N/A
6/30/2014	75,606	821	N/A	1,901	N/A
3/31/2014	75,900	889	N/A	1,788	N/A
12/31/2013	76,193	957	N/A	1,675	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CA's forecast earnings growth (14.5% per year) is above the savings rate (1.2%).

Earnings vs Market: CA's earnings (14.5% per year) are forecast to grow faster than the French market (12% per year).

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

Revenue vs Market: CA's revenue (2.1% per year) is forecast to grow slower than the French market (5.5% per year).

High Growth Revenue: CA's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CA's Return on Equity is forecast to be low in 3 years time (12.5%).

Carrefour Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 22%

Carrefour SA Recorded A 7.1% Miss On Revenue: Analysts Are Revisiting Their Models

Consensus forecasts updated

Recent updates

Carrefour (EPA:CA) Has A Somewhat Strained Balance Sheet

Is There An Opportunity With Carrefour SA's (EPA:CA) 31% Undervaluation?

Market Still Lacking Some Conviction On Carrefour SA (EPA:CA)

There May Be Some Bright Spots In Carrefour's (EPA:CA) Earnings

First half 2024 earnings released: EPS: €0.038 (vs €0.16 in 1H 2023)

Upcoming dividend of €0.87 per share

These 4 Measures Indicate That Carrefour (EPA:CA) Is Using Debt Extensively

Not Many Are Piling Into Carrefour SA (EPA:CA) Just Yet

Is Carrefour SA (EPA:CA) Trading At A 49% Discount?

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Carrefour SA to Report Q2, 2024 Results on Jul 24, 2024

Carrefour SA, Annual General Meeting, May 24, 2024

Carrefour SA to Report Fiscal Year 2023 Results on Feb 20, 2024

Fewer Investors Than Expected Jumping On Carrefour SA (EPA:CA)

An Intrinsic Calculation For Carrefour SA (EPA:CA) Suggests It's 31% Undervalued

Casino Confirms Receival of "Several" Bids for Hypermarkets

Is Carrefour (EPA:CA) A Risky Investment?

Carrefour SA (ENXTPA:CA) acquired Cora hypermarkets and stores in Romania from Louis Delhaize SA.

Consensus EPS estimates increase by 22%

Now 21% undervalued after recent price drop

Slowing Rates Of Return At Carrefour (EPA:CA) Leave Little Room For Excitement

Carrefour SA (ENXTPA:CA) agreed to acquire 47 SuperCor supermarket from El Corte Inglés, S.A. for €60 million.

Here's Why We Think Carrefour (EPA:CA) Is Well Worth Watching

An Intrinsic Calculation For Carrefour SA (EPA:CA) Suggests It's 21% Undervalued

Now 23% undervalued

Now 20% undervalued

Carrefour SA Recorded A 7.1% Miss On Revenue: Analysts Are Revisiting Their Models

First half 2023 earnings released: EPS: €0.16 (vs €0.32 in 1H 2022)

Carrefour SA (ENXTPA:CA) entered into an agreement to acquire Cora and Match assets in France from Louis Delhaize SA for €1 billion.

Carrefour SA (ENXTPA:CA) entered into an agreement to acquire Cora and Match assets in France from Louis Delhaize SA for €1 billion.

Here's Why Carrefour (EPA:CA) Has A Meaningful Debt Burden

The Returns At Carrefour (EPA:CA) Aren't Growing

Upcoming dividend of €0.56 per share at 3.0% yield

If EPS Growth Is Important To You, Carrefour (EPA:CA) Presents An Opportunity

Carrefour (EPA:CA) Is Increasing Its Dividend To €0.56

Now 20% undervalued

Calculating The Intrinsic Value Of Carrefour SA (EPA:CA)

Why Investors Shouldn't Be Surprised By Carrefour SA's (EPA:CA) Low P/E

Is Carrefour (EPA:CA) A Risky Investment?

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Carrefour SA (ENXTPA:CA) announces an Equity Buyback for €800 million worth of its shares.

Return Trends At Carrefour (EPA:CA) Aren't Appealing

Carrefour SA to Report Fiscal Year 2022 Results on Feb 14, 2023

NEPI Rockcastle N.V. (JSE:NRP) acquired 50% stake in S.C. Ploiesti Shopping City S.R.L.

First half 2022 earnings released

President Chain Store Corporation (TWSE:2912) agreed to acquire 10.50% stake in Presicarre Corp. from Carrefour Netherlands B.V. for TWD 5.1 billion.

President Chain Store Corporation (TWSE:2912) agreed to acquire 10.50% stake in Presicarre Corp. from Carrefour Netherlands B.V. for TWD 5.1 billion.

Upcoming dividend of €0.52 per share

Flink SE acquired Cajoo Technology from Carrefour SA (ENXTPA:CA).

Carrefour SA, Annual General Meeting, Jun 03, 2022

Carrefour SA to Report Q1, 2022 Results on Apr 20, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Carrefour SA to Report Q4, 2021 Results on Feb 16, 2022

Auchan Reportedly Considering Another Bid for Carrefour

Sherpa Capital Entidad Gestora, SGEIC, S.A. acquired Laboratorios Forenqui Sa from Mercadona S.A., Carrefour SA (ENXTPA:CA) and family.

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Director Alexandre Arnault has left the company

Director Alexandre Arnault has left the company

Director Alexandre Arnault has left the company

Director Alexandre Arnault has left the company

Non-Independent Director Nicolas Bazire has left the company

Carrefour Reportedly Plans to Launch Sale of Taiwan Business

Consensus forecasts updated

First half 2021 earnings released: EPS €0.34 (vs €0.03 loss in 1H 2020)

Carrefour Mulls Consolidation, Alliances or Divestitures for Foreign Units

Upcoming dividend of €0.48 per share

Carrefour SA (ENXTPA:CA) completed the acquisition of 172 convenience and supermarkets in Andalusia and the Madrid from Maxima Grupe, UAB.

Carrefour Appoints Julien Munch as New Executive Director in Romania Operations as of March 1

Carrefour SA, Annual General Meeting, May 21, 2021