Renold Future Growth
Future criteria checks 3/6
Renold is forecast to grow earnings and revenue by 2.3% and 4.7% per annum respectively. EPS is expected to grow by 2.7% per annum. Return on equity is forecast to be 22% in 3 years.
Key information
2.3%
Earnings growth rate
2.7%
EPS growth rate
| Machinery earnings growth | 14.5% |
| Revenue growth rate | 4.7% |
| Future return on equity | 22.0% |
| Analyst coverage | Low |
| Last updated | 01 Oct 2024 |
Recent future growth updates
Recent updates
An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 39% Undervalued
Jul 19
Investors Will Want Renold's (LON:RNO) Growth In ROCE To Persist
Jun 21Renold plc (LON:RNO) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Apr 24What Is Renold plc's (LON:RNO) Share Price Doing?
Apr 16Does Renold (LON:RNO) Have A Healthy Balance Sheet?
Mar 08Returns At Renold (LON:RNO) Are On The Way Up
Nov 18Should You Think About Buying Renold plc (LON:RNO) Now?
Apr 18Renold (LON:RNO) Is Experiencing Growth In Returns On Capital
Feb 09An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 21% Undervalued
Jan 16These 4 Measures Indicate That Renold (LON:RNO) Is Using Debt Reasonably Well
Jul 16Is Renold plc (LON:RNO) Potentially Undervalued?
May 10Renold (LON:RNO) May Have Issues Allocating Its Capital
Apr 15Is Renold (LON:RNO) A Risky Investment?
Mar 17Renold's (LON:RNO) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 10Renold plc's (LON:RNO) CEO Will Probably Find It Hard To See A Huge Raise This Year
Aug 17With EPS Growth And More, Renold (LON:RNO) Is Interesting
Jul 21Is It Time To Consider Buying Renold plc (LON:RNO)?
May 07The Renold (LON:RNO) Share Price Is Up 67% And Shareholders Are Holding On
Mar 01Is Renold (LON:RNO) Likely To Turn Things Around?
Feb 08At UK£0.14, Is It Time To Put Renold plc (LON:RNO) On Your Watch List?
Jan 22A Quick Analysis On Renold's (LON:RNO) CEO Salary
Jan 04Here's Why We Think Renold's (LON:RNO) Statutory Earnings Might Be Conservative
Dec 16Estimating The Fair Value Of Renold plc (LON:RNO)
Nov 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 274 | 18 | 14 | 24 | 1 |
| 3/31/2026 | 269 | 17 | 13 | 31 | 2 |
| 3/31/2025 | 253 | 14 | 12 | 28 | 2 |
| 3/31/2024 | 241 | 17 | 23 | 32 | N/A |
| 12/31/2023 | 249 | 17 | 20 | 29 | N/A |
| 9/30/2023 | 256 | 16 | 18 | 26 | N/A |
| 6/30/2023 | 252 | 14 | 13 | 21 | N/A |
| 3/31/2023 | 247 | 12 | 8 | 17 | N/A |
| 12/31/2022 | 232 | 11 | 7 | 15 | N/A |
| 9/30/2022 | 216 | 9 | 7 | 13 | N/A |
| 6/30/2022 | 206 | 10 | 10 | 16 | N/A |
| 3/31/2022 | 195 | 10 | 14 | 19 | N/A |
| 12/31/2021 | 187 | 9 | 16 | 20 | N/A |
| 9/30/2021 | 179 | 8 | 18 | 21 | N/A |
| 6/30/2021 | 172 | 6 | 21 | 24 | N/A |
| 3/31/2021 | 165 | 5 | 24 | 27 | N/A |
| 12/31/2020 | 169 | 3 | 20 | 24 | N/A |
| 9/30/2020 | 173 | 3 | 16 | 22 | N/A |
| 6/30/2020 | 181 | 3 | 9 | 16 | N/A |
| 3/31/2020 | 189 | 3 | 2 | 11 | N/A |
| 12/31/2019 | 195 | 5 | 2 | 11 | N/A |
| 9/30/2019 | 200 | 7 | 2 | 12 | N/A |
| 6/30/2019 | 200 | 7 | 0 | 10 | N/A |
| 3/31/2019 | 200 | 7 | -2 | 8 | N/A |
| 12/31/2018 | 197 | 2 | -2 | 8 | N/A |
| 9/30/2018 | 194 | -2 | -1 | 8 | N/A |
| 6/30/2018 | 193 | -2 | -3 | 7 | N/A |
| 3/31/2018 | 192 | -2 | -4 | 6 | N/A |
| 12/31/2017 | 191 | 1 | N/A | 5 | N/A |
| 9/30/2017 | 191 | 5 | N/A | 4 | N/A |
| 6/30/2017 | 187 | 5 | N/A | 6 | N/A |
| 3/31/2017 | 183 | 5 | N/A | 7 | N/A |
| 12/31/2016 | 176 | 4 | N/A | 8 | N/A |
| 9/30/2016 | 169 | 4 | N/A | 9 | N/A |
| 6/30/2016 | 167 | 5 | N/A | 10 | N/A |
| 3/31/2016 | 165 | 5 | N/A | 11 | N/A |
| 12/31/2015 | 170 | 6 | N/A | 12 | N/A |
| 9/30/2015 | 175 | 6 | N/A | 13 | N/A |
| 6/30/2015 | 178 | 6 | N/A | 13 | N/A |
| 3/31/2015 | 181 | 6 | N/A | 13 | N/A |
| 12/31/2014 | 180 | -1 | N/A | 9 | N/A |
| 9/30/2014 | 179 | -7 | N/A | 6 | N/A |
| 6/30/2014 | 181 | -9 | N/A | 6 | N/A |
| 3/31/2014 | 184 | -11 | N/A | 6 | N/A |
| 12/31/2013 | 187 | -12 | N/A | 9 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNO's forecast earnings growth (2.3% per year) is above the savings rate (1.9%).
Earnings vs Market: RNO's earnings (2.3% per year) are forecast to grow slower than the UK market (14.4% per year).
High Growth Earnings: RNO's earnings are forecast to grow, but not significantly.
Revenue vs Market: RNO's revenue (4.7% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: RNO's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RNO's Return on Equity is forecast to be high in 3 years time (22%)