Beijer Ref Future Growth

Future criteria checks 2/6

Beijer Ref is forecast to grow earnings and revenue by 11.4% and 9.8% per annum respectively. EPS is expected to grow by 12.3% per annum. Return on equity is forecast to be 11.9% in 3 years.

Key information

11.4%

Earnings growth rate

12.3%

EPS growth rate

Trade Distributors earnings growth	8.7%
Revenue growth rate	9.8%
Future return on equity	11.9%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0A0H - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	42,876	3,084	3,198	3,675	7
12/31/2025	39,743	2,728	2,732	3,218	7
12/31/2024	35,714	2,278	3,393	3,746	6
9/30/2024	34,482	2,535	3,318	3,678	N/A
6/30/2024	33,479	2,438	3,227	3,587	N/A
3/31/2024	32,452	2,423	2,333	2,693	N/A
12/31/2023	32,150	2,375	1,393	1,753	N/A
9/30/2023	30,340	1,761	475	695	N/A
6/30/2023	27,828	1,625	-419	-199	N/A
3/31/2023	25,113	1,329	-261	-41	N/A
12/31/2022	22,638	1,248	-139	81	N/A
9/30/2022	21,092	1,353	-1,050	-848	N/A
6/30/2022	19,454	1,176	-945	-743	N/A
3/31/2022	18,077	1,069	-732	-530	N/A
12/31/2021	16,905	979	-113	89	N/A
9/30/2021	16,041	908	587	772	N/A
6/30/2021	15,538	905	804	989	N/A
3/31/2021	14,315	769	1,284	1,469	N/A
12/31/2020	14,062	722	1,145	1,330	N/A
9/30/2020	14,088	723	1,296	1,460	N/A
6/30/2020	14,203	733	1,424	1,588	N/A
3/31/2020	14,861	829	1,052	1,216	N/A
12/31/2019	14,817	864	1,091	1,255	N/A
9/30/2019	14,676	845	1,061	1,221	N/A
6/30/2019	14,330	830	1,294	828	N/A
3/31/2019	13,844	820	1,074	885	N/A
12/31/2018	13,015	769	530	690	N/A
9/30/2018	12,123	752	365	380	N/A
6/30/2018	11,071	660	N/A	494	N/A
3/31/2018	10,217	559	N/A	360	N/A
12/31/2017	9,830	511	N/A	502	N/A
9/30/2017	9,629	464	N/A	402	N/A
6/30/2017	9,535	432	N/A	236	N/A
3/31/2017	9,296	401	N/A	256	N/A
12/31/2016	9,045	389	N/A	65	N/A
9/30/2016	8,872	374	N/A	243	N/A
6/30/2016	8,746	379	N/A	341	N/A
3/31/2016	8,482	364	N/A	478	N/A
12/31/2015	8,361	366	N/A	495	N/A
9/30/2015	8,124	365	N/A	500	N/A
6/30/2015	7,736	351	N/A	393	N/A
3/31/2015	7,454	332	N/A	240	N/A
12/31/2014	7,189	316	N/A	238	N/A
9/30/2014	6,989	294	N/A	142	N/A
6/30/2014	6,871	286	N/A	207	N/A
3/31/2014	6,713	248	N/A	215	N/A
12/31/2013	6,595	234	N/A	298	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0A0H's forecast earnings growth (11.4% per year) is above the savings rate (2.1%).

Earnings vs Market: 0A0H's earnings (11.4% per year) are forecast to grow slower than the UK market (14.8% per year).

High Growth Earnings: 0A0H's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0A0H's revenue (9.8% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: 0A0H's revenue (9.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0A0H's Return on Equity is forecast to be low in 3 years time (11.9%).

Beijer Ref Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Investor sentiment deteriorates as stock falls 21%

Investor sentiment deteriorates as stock falls 17%

Third quarter 2024 earnings released: EPS: kr1.30 (vs kr1.10 in 3Q 2023)

Upcoming dividend of kr0.65 per share

Beijer Ref AB (Publ) Appoints Nomination Committee

Now 24% overvalued

Second quarter 2024 earnings released: EPS: kr1.42 (vs kr1.39 in 2Q 2023)

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

Now 20% overvalued after recent price rise

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft.

Now 24% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 21%

Insufficient new directors

Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 30 April 2024 and 30 October 2024

Upcoming dividend of kr0.65 per share

Now 21% overvalued after recent price rise

Full year 2023 earnings released: EPS: kr4.88 (vs kr3.28 in FY 2022)

Beijer Ref AB (publ) Proposes Dividend, Payable on 30 April 2024 and 30 October 2024

Final dividend of kr0.65 announced

Full year 2023 earnings released: EPS: kr4.88 (vs kr3.28 in FY 2022)

Beijer Ref AB (publ) to Report Fiscal Year 2023 Results on Mar 28, 2024

Beijer Ref AB (publ) to Report Q4, 2024 Results on Jan 31, 2025

Investor sentiment improves as stock rises 16%

Beijer Ref AB (publ) to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 27%

New minor risk - Share price stability

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd.

Third quarter 2023 earnings released: EPS: kr1.10 (vs kr1.12 in 3Q 2022)

Investor sentiment improves as stock rises 23%

Upcoming dividend of kr0.47 per share at 0.9% yield

Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2024

Now 20% undervalued after recent price drop

Investor sentiment improves as stock rises 19%

Independent Director recently bought kr1.3m worth of stock

Independent Director recently bought kr1.4m worth of stock

Second quarter 2023 earnings released: EPS: kr1.39 (vs kr1.08 in 2Q 2022)

Investor sentiment deteriorates as stock falls 17%

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD.

Investor sentiment deteriorates as stock falls 17%

Beijer Ref AB (publ) Announces CFO Change

Investor sentiment deteriorates as stock falls 20%

Upcoming dividend of kr0.47 per share at 0.5% yield

Investor sentiment deteriorates as stock falls 26%

Full year 2022 earnings released: EPS: kr3.28 (vs kr2.58 in FY 2021)

Investor sentiment deteriorates as stock falls 23%

Investor sentiment deteriorates as stock falls 15%

Independent Director recently sold kr1.7m worth of stock

Investor sentiment deteriorates as stock falls 23%

Investor sentiment deteriorates as stock falls 26%

Full year 2022 earnings released: EPS: kr3.28 (vs kr2.58 in FY 2021)

Investor sentiment deteriorates as stock falls 20%

Beijer Ref AB (Publ) Proposes Dividend

Investor sentiment deteriorated over the past week

Beijer Ref AB (publ) to Report Fiscal Year 2022 Results on Apr 04, 2023

Beijer Ref AB (publ) to Report Q4, 2023 Results on Jan 31, 2024

Independent Director recently bought kr108k worth of stock

Now 21% undervalued

CEO & President recently bought kr450k worth of stock

Beijer Ref AB (publ) (OM:BEIJ B) and the management of Heritage Distribution Holdings signed a binding agreement to Heritage Distribution Holdings from Gryphon Heritage Partners, L.P. managed by Gryphon Investors Inc and the management of Heritage Distribution for $1.3 billion.

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

High number of new directors

Investor sentiment deteriorated over the past week

Beijer Ref AB (publ) (OM:BEIJ B) Completed the acquisition of 51% stake in Australian Airconditioning Distributors Pty Ltd and HVAC Consolidated Pty Ltd from Coldflow Airconditioning Pty Ltd and Aircon Concepts Pty Ltd.

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: kr1.12 (vs kr0.65 in 3Q 2021)

Beijer Ref AB (publ), Annual General Meeting, Apr 25, 2023

Beijer Ref AB (Publ) Announces Board Appointments

Beijer Ref AB (publ) (OM:BEIJ B) acquired 80% stake in Easyairconditioning Limited.

Investor sentiment improved over the past week

Upcoming dividend of kr0.50 per share

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 51% shares in Australian Airconditioning Distributors Pty Ltd and HVAC Consolidated Pty Ltd from Coldflow Airconditioning Pty Ltd and Aircon Concepts Pty Ltd for approximately SEK 480 million.

Investor sentiment deteriorated over the past week

Beijer Ref AB (publ) (OM:BEIJ B) agreed to acquire 85% stake in Eid.