Mears Group Future Growth

Future criteria checks 0/6

Mears Group's revenue and earnings are forecast to decline at 9.8% and 15.6% per annum respectively. EPS is expected to decline by 14% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

-15.6%

Earnings growth rate

-14.0%

EPS growth rate

Commercial Services earnings growth	14.7%
Revenue growth rate	-9.8%
Future return on equity	13.5%
Analyst coverage	Low
Last updated	06 Nov 2024

Recent future growth updates

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 14

Recent updates

Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

May 03

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 14

Mears Group (LON:MER) Is Increasing Its Dividend To £0.037

Sep 22

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037

Sep 08

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Aug 25

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Aug 06

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 02

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.0325

Aug 21

Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325

Aug 07

Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?

Aug 17

Here's Why Shareholders Should Examine Mears Group plc's (LON:MER) CEO Compensation Package More Closely

Jun 24

Is Mears Group plc (LON:MER) Worth UK£1.8 Based On Its Intrinsic Value?

Mar 05

What Type Of Returns Would Mears Group's(LON:MER) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Jan 29

Here's Why We Think Mears Group's (LON:MER) Statutory Earnings Might Be Conservative

Dec 25

Is Mears Group (LON:MER) Using Too Much Debt?

Dec 04

Earnings and Revenue Growth Forecasts

LSE:MER - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	909	30	28	38	3
12/31/2025	982	33	72	85	4
12/31/2024	1,126	45	59	70	4
6/30/2024	1,144	42	120	155	N/A
3/31/2024	1,117	39	115	146	N/A
12/31/2023	1,089	35	110	136	N/A
9/30/2023	1,045	32	97	118	N/A
6/30/2023	1,000	29	84	101	N/A
3/31/2023	980	29	93	106	N/A
12/31/2022	960	28	102	111	N/A
9/30/2022	940	25	98	108	N/A
6/30/2022	920	23	95	104	N/A
3/31/2022	899	18	71	80	N/A
12/31/2021	878	13	48	57	N/A
9/30/2021	866	9	74	81	N/A
6/30/2021	853	5	100	106	N/A
3/31/2021	829	-4	100	106	N/A
12/31/2020	806	-12	99	106	N/A
9/30/2020	822	-9	77	84	N/A
6/30/2020	839	-5	54	63	N/A
3/31/2020	860	6	66	76	N/A
12/31/2019	881	17	78	88	N/A
6/30/2019	776	22	49	41	N/A
3/31/2019	774	22	20	21	N/A
12/31/2018	772	23	-10	1	N/A
6/30/2018	865	22	-27	16	N/A
3/31/2018	882	21	N/A	16	N/A
12/31/2017	900	21	N/A	16	N/A
6/30/2017	945	21	N/A	25	N/A
3/31/2017	942	21	N/A	26	N/A
12/31/2016	940	22	N/A	26	N/A
6/30/2016	917	19	N/A	31	N/A
3/31/2016	899	20	N/A	32	N/A
12/31/2015	881	21	N/A	34	N/A
6/30/2015	841	27	N/A	43	N/A
3/31/2015	840	26	N/A	43	N/A
12/31/2014	839	25	N/A	44	N/A
9/30/2014	847	24	N/A	44	N/A
6/30/2014	855	23	N/A	43	N/A
3/31/2014	860	20	N/A	38	N/A
12/31/2013	866	17	N/A	32	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MER's earnings are forecast to decline over the next 3 years (-15.6% per year).

Earnings vs Market: MER's earnings are forecast to decline over the next 3 years (-15.6% per year).

High Growth Earnings: MER's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MER's revenue is expected to decline over the next 3 years (-9.8% per year).

High Growth Revenue: MER's revenue is forecast to decline over the next 3 years (-9.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MER's Return on Equity is forecast to be low in 3 years time (13.5%).

Mears Group Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Mears Group plc Updates Earnings Guidance for the Financial Year Ending 31 December 2024

Consensus EPS estimates increase by 13%

Mears Group plc Provides Earnings Guidance for the Full Year 2024

Consensus EPS estimates increase by 21%

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Recent updates

CFO & Executive Director recently bought UK£91k worth of stock

Consensus EPS estimates increase by 11%

Mears Group plc Updates Earnings Guidance for the Financial Year Ending 31 December 2024

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of UK£0.048 per share

Consensus EPS estimates increase by 13%

First half 2024 earnings released: EPS: UK£0.24 (vs UK£0.14 in 1H 2023)

Mears Group plc Provides Earnings Guidance for the Full Year 2024

Mears Group plc to Report First Half, 2024 Results on Aug 08, 2024

Insider recently sold UK£540k worth of stock

Mears Group plc Approves Final Dividend for the Year Ended 31 December 2023, Payable on 16 July 2024

Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Final dividend increased to UK£0.093

Consensus EPS estimates increase by 21%

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Mears Group plc Recommends Final Dividend for the Year Ended 31 December 2023

Now 20% overvalued after recent price rise

Now 20% overvalued after recent price rise

Now 21% overvalued after recent price rise

Price target increased by 35% to UK£4.08

Mears Group plc Announces CEO Changes

Mears Group plc (LSE:MER) commences an Equity Buyback Plan for 11,103,647 shares, representing 10.08% of its issued share capital, under the authorization approved on June 23, 2023.

Upcoming dividend of UK£0.037 per share at 4.0% yield

Mears Group (LON:MER) Is Increasing Its Dividend To £0.037

Interim Independent Chairman recently bought UK£83k worth of stock

Mears Group plc Appoints Jim Clarke as Permanent Chairman

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Mears Group's (LON:MER) Dividend Will Be Increased To £0.037

Mears Group plc Anticipates Revenues for the Full Year of 2023

Price target increased by 13% to UK£3.23

Less than half of directors are independent

Mears Group plc Announces Board Changes

Upcoming dividend of UK£0.072 per share at 3.6% yield

Mears Announces Board Changes

Mears Group plc to Report First Half, 2023 Results on Aug 03, 2023

Consensus EPS estimates increase by 14%

Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Mears Group plc Announces Executive Changes

Mears Group plc Announces Chief Executive Officer Changes

Mears Group plc Announces Management Changes

Upcoming dividend of UK£0.033 per share

Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.0325

Mears Group plc (LSE:MER) acquired IRT Surveys Limited for £4.1 million.

Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325

First half 2022 earnings released

Mears Group plc Provides Revenue Guidance for the Year 2022

Mears Group plc to Report First Half, 2022 Results on Aug 04, 2022

Price target increased to UK£2.66

Price target decreased to UK£2.47

Upcoming dividend of UK£0.055 per share

Mears Group plc Approves Final Dividend for the Year 2021

CFO & Executive Director recently bought UK£51k worth of stock

Mears Group plc, Annual General Meeting, May 17, 2022

Now 20% undervalued

Full year 2021 earnings released: EPS: UK£0.12 (vs UK£0.11 loss in FY 2020)

Mears Group plc Proposes a Final Dividend for the Year 2021

Mears Group plc Provides Revenue Guidance for the Year 2021

Less than half of directors are independent

Mears Group plc Raises Earnings Guidance for the Year Ending December 31, 2021

Upcoming dividend of UK£0.025 per share

Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?

First half 2021 earnings released: EPS UK£0.042 (vs UK£0.11 loss in 1H 2020)

Mears Group plc Revises Earnings Guidance for the Full Year 2021

Here's Why Shareholders Should Examine Mears Group plc's (LON:MER) CEO Compensation Package More Closely