Luceco Future Growth

Future criteria checks 2/6

Luceco is forecast to grow earnings and revenue by 7.4% and 8.2% per annum respectively. EPS is expected to grow by 7.2% per annum. Return on equity is forecast to be 17.9% in 3 years.

Key information

7.4%

Earnings growth rate

7.2%

EPS growth rate

Electrical earnings growth	31.6%
Revenue growth rate	8.2%
Future return on equity	17.9%
Analyst coverage	Low
Last updated	24 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:LUCE - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	275	21	17	33	4
12/31/2025	264	19	13	24	4
12/31/2024	234	15	8	19	4
6/30/2024	218	18	27	36	N/A
3/31/2024	213	18	24	32	N/A
12/31/2023	209	17	21	29	N/A
9/30/2023	205	14	24	31	N/A
6/30/2023	201	12	28	34	N/A
3/31/2023	204	12	30	36	N/A
12/31/2022	206	11	33	39	N/A
9/30/2022	216	14	22	28	N/A
6/30/2022	226	18	12	18	N/A
3/31/2022	227	23	16	22	N/A
12/31/2021	228	27	20	26	N/A
9/30/2021	221	31	18	25	N/A
6/30/2021	213	35	17	23	N/A
3/31/2021	195	31	18	23	N/A
12/31/2020	176	28	19	23	N/A
9/30/2020	169	22	19	23	N/A
6/30/2020	161	16	19	23	N/A
3/31/2020	167	14	17	21	N/A
12/31/2019	172	13	15	19	N/A
9/30/2019	172	12	14	18	N/A
6/30/2019	172	10	14	17	N/A
3/31/2019	168	6	11	15	N/A
12/31/2018	164	2	7	12	N/A
9/30/2018	166	0	2	10	N/A
6/30/2018	167	-1	-2	7	N/A
3/31/2018	168	5	N/A	12	N/A
12/31/2017	168	10	N/A	17	N/A
9/30/2017	158	10	N/A	12	N/A
6/30/2017	149	9	N/A	7	N/A
3/31/2017	141	8	N/A	5	N/A
12/31/2016	134	7	N/A	3	N/A
9/30/2016	124	7	N/A	8	N/A
6/30/2016	115	8	N/A	13	N/A
3/31/2016	109	7	N/A	10	N/A
12/31/2015	103	6	N/A	7	N/A
12/31/2014	82	5	N/A	1	N/A
12/31/2013	66	1	N/A	7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUCE's forecast earnings growth (7.4% per year) is above the savings rate (2.1%).

Earnings vs Market: LUCE's earnings (7.4% per year) are forecast to grow slower than the UK market (14.6% per year).

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

Revenue vs Market: LUCE's revenue (8.2% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: LUCE's revenue (8.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LUCE's Return on Equity is forecast to be low in 3 years time (17.9%).

Luceco Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Luceco plc Provides Earning Guidance for the Full Year 2024

Price target increased by 11% to UK£1.70

Price target increased by 14% to UK£1.63

Price target increased by 12% to UK£1.53

Luceco plc Provides Earnings Guidance for the Year 2023

Luceco plc Provides Earnings Guidance for 2022 Full Year

Recent updates

Board Member recently bought UK£66k worth of stock

CEO & Executive Director recently sold UK£4.9m worth of stock

Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million.

Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million.

New minor risk - Financial position

First half dividend increased to UK£0.017

New minor risk - Financial position

Luceco plc to Report First Half, 2025 Results on Sep 25, 2025

Luceco plc Announces Interim Dividend, Payable on 25 October 2024

Luceco plc Provides Earning Guidance for the Full Year 2024

Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024

Now 21% undervalued

Investor sentiment improves as stock rises 15%

Luceco plc Declares Final Dividend

Price target increased by 11% to UK£1.70

CFO & Executive Director recently bought UK£92k worth of stock

Price target increased by 14% to UK£1.63

Final dividend of UK£0.032 announced

New minor risk - Share price stability

Full year 2023 earnings: EPS exceeds analyst expectations

Luceco plc acquired D-Line (Europe) Ltd £12.4 million.

Luceco plc acquired D-Line (Europe) Ltd £12.4 million.

Price target increased by 12% to UK£1.53

Luceco plc Provides Earnings Guidance for the Year 2023

Should You Investigate Luceco plc (LON:LUCE) At UK£1.56?

Investor sentiment improves as stock rises 16%

Now 21% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Now 21% undervalued

Insufficient new directors

Now 20% undervalued

New minor risk - Financial position

Now 23% undervalued after recent price drop

Luceco plc to Report First Half, 2024 Results on Sep 10, 2024

Here's What's Concerning About Luceco's (LON:LUCE) Returns On Capital

Luceco plc Approves Final Dividend

Luceco plc Proposes Final Dividend, Payable on 19 May 2023

Upcoming dividend of UK£0.03 per share at 3.7% yield

Full year 2022 earnings released: EPS: UK£0.071 (vs UK£0.18 in FY 2021)

A Look At The Intrinsic Value Of Luceco plc (LON:LUCE)

Luceco plc Announces CFO Changes

Be Wary Of Luceco (LON:LUCE) And Its Returns On Capital

Investor sentiment improved over the past week

Luceco plc Provides Earnings Guidance for 2022 Full Year

Price target decreased to UK£1.07

Are Investors Undervaluing Luceco plc (LON:LUCE) By 23%?

Luceco plc Provides Earnings Guidance for Year 2023

Investor sentiment improved over the past week

Is Luceco (LON:LUCE) A Risky Investment?

First half 2022 earnings released: EPS: UK£0.027 (vs UK£0.087 in 1H 2021)

Luceco plc, Annual General Meeting, May 10, 2023

Luceco plc to Report Q2, 2023 Results on Sep 05, 2023

Luceco (LON:LUCE) Knows How To Allocate Capital

Why Luceco plc (LON:LUCE) Could Be Worth Watching

Luceco plc Announces Revenue Expectation for First Half 2022

Luceco plc Announces Revenue Expectation for First Half 2022

Investor sentiment deteriorated over the past week

Luceco plc Announces Appointment of Julia Hendrickson as Non-Executive Director and Member of the Audit and Remuneration Committees

Luceco (LON:LUCE) Looks To Prolong Its Impressive Returns

Luceco plc Approves Final Dividend

Investor sentiment deteriorated over the past week

Price target decreased to UK£3.80

Upcoming dividend of UK£0.055 per share

Is Now An Opportune Moment To Examine Luceco plc (LON:LUCE)?

Price target decreased to UK£3.80

Is Now The Time To Put Luceco (LON:LUCE) On Your Watchlist?

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

CEO & Executive Director recently sold UK£8.8m worth of stock