Concurrent Technologies Future Growth

Future criteria checks 2/6

Concurrent Technologies is forecast to grow earnings and revenue by 13.5% and 12.1% per annum respectively. EPS is expected to grow by 11.9% per annum. Return on equity is forecast to be 13.6% in 3 years.

Key information

13.5%

Earnings growth rate

11.9%

EPS growth rate

Tech earnings growth	8.6%
Revenue growth rate	12.1%
Future return on equity	13.6%
Analyst coverage	Low
Last updated	02 Sep 2024

Recent future growth updates

Recent updates

Concurrent Technologies Plc (LON:CNC) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Nov 14

Here's What To Make Of Concurrent Technologies' (LON:CNC) Decelerating Rates Of Return

Jan 05

Concurrent Technologies (LON:CNC) Has Announced That It Will Be Increasing Its Dividend To UK£0.011

Sep 11

Estimating The Intrinsic Value Of Concurrent Technologies Plc (LON:CNC)

Jun 04

Should Concurrent Technologies Plc (LON:CNC) Be Part Of Your Dividend Portfolio?

Apr 29

Income Investors Should Know That Concurrent Technologies Plc (LON:CNC) Goes Ex-Dividend Soon

Mar 14

Shareholders Of Concurrent Technologies (LON:CNC) Must Be Happy With Their 69% Return

Mar 13

Is Concurrent Technologies (LON:CNC) Likely To Turn Things Around?

Feb 16

Concurrent Technologies Plc's (LON:CNC) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 03

Have Insiders Been Selling Concurrent Technologies Plc (LON:CNC) Shares This Year?

Jan 19

Key Things To Consider Before Buying Concurrent Technologies Plc (LON:CNC) For Its Dividend

Jan 06

How Much Of Concurrent Technologies Plc (LON:CNC) Do Insiders Own?

Dec 23

Are Concurrent Technologies's (LON:CNC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 10

Did You Participate In Any Of Concurrent Technologies' (LON:CNC) Respectable 68% Return?

Nov 26

Here's What To Make Of Concurrent Technologies' (LON:CNC) Returns On Capital

Jul 03

Earnings and Revenue Growth Forecasts

AIM:CNC - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	47	7	5	10	2
12/31/2025	40	6	6	12	2
12/31/2024	36	5	4	9	2
6/30/2024	36	5	1	5	N/A
3/31/2024	34	4	1	6	N/A
12/31/2023	32	4	1	6	N/A
9/30/2023	27	3	-2	2	N/A
6/30/2023	23	2	-5	-1	N/A
3/31/2023	21	1	-6	-1	N/A
12/31/2022	18	1	-6	-1	N/A
9/30/2022	18	1	-4	1	N/A
6/30/2022	19	2	-2	2	N/A
3/31/2022	20	2	0	3	N/A
12/31/2021	20	3	2	4	N/A
9/30/2021	21	3	3	6	N/A
6/30/2021	21	3	5	7	N/A
3/31/2021	21	3	4	6	N/A
12/31/2020	21	3	3	6	N/A
9/30/2020	20	3	2	5	N/A
6/30/2020	19	3	2	4	N/A
3/31/2020	19	3	3	6	N/A
12/31/2019	19	4	5	7	N/A
9/30/2019	19	4	4	7	N/A
6/30/2019	18	4	4	7	N/A
3/31/2019	17	4	2	5	N/A
12/31/2018	17	3	1	4	N/A
9/30/2018	16	3	1	4	N/A
6/30/2018	16	3	2	4	N/A
3/31/2018	16	3	N/A	4	N/A
12/31/2017	16	3	N/A	5	N/A
9/30/2017	16	3	N/A	4	N/A
6/30/2017	15	3	N/A	3	N/A
3/31/2017	16	3	N/A	4	N/A
12/31/2016	16	3	N/A	5	N/A
9/30/2016	16	3	N/A	6	N/A
6/30/2016	16	3	N/A	6	N/A
3/31/2016	17	3	N/A	5	N/A
12/31/2015	17	3	N/A	4	N/A
9/30/2015	17	3	N/A	4	N/A
6/30/2015	17	3	N/A	5	N/A
3/31/2015	15	2	N/A	4	N/A
12/31/2014	13	2	N/A	4	N/A
9/30/2014	12	1	N/A	3	N/A
6/30/2014	12	1	N/A	3	N/A
3/31/2014	12	1	N/A	3	N/A
12/31/2013	12	1	N/A	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNC's forecast earnings growth (13.5% per year) is above the savings rate (2.1%).

Earnings vs Market: CNC's earnings (13.5% per year) are forecast to grow slower than the UK market (14.6% per year).

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

Revenue vs Market: CNC's revenue (12.1% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: CNC's revenue (12.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CNC's Return on Equity is forecast to be low in 3 years time (13.6%).

Concurrent Technologies Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Concurrent Technologies plc Provides Earnings Guidance for the First Half of 2024

Price target increased by 29% to UK£1.33

Concurrent Technologies plc Provides Earnings Guidance for the Fourth Quarter, Second Half and Full Year of Fiscal Year Ending 31 December 2023 and Revenue Guidance for the Fiscal Year Ending 31 December 2024

Consensus EPS estimates fall by 16%, revenue upgraded

Concurrent Technologies plc Provides Earnings Guidance for the Fourth Quarter, Second Half and Full Year of Fiscal Year Ending 31 December 2023 and Revenue Guidance for the Fiscal Year Ending 31 December 2024

Consensus EPS estimates increase by 29%

Recent updates

Concurrent Technologies Plc (LON:CNC) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Now 26% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Now 21% undervalued after recent price drop

Now 21% undervalued

Concurrent Technologies Plc Launches New Product

Concurrent Technologies Plc to Report First Half, 2024 Results on Sep 02, 2024

Investor sentiment improves as stock rises 16%

Concurrent Technologies plc Provides Earnings Guidance for the First Half of 2024

Now 8.0% overvalued after recent price rise

Concurrent Technologies plc Approves Final Dividend, Payable On or Around 12 July 2024

Upcoming dividend of UK£0.01 per share

Now 21% overvalued after recent price rise

Concurrent Technologies Launches Magni, A Sosa (Open-Standard) Aligned, High-Performance Plug in Card Based on an Intel Processor

Concurrent Technologies' (LON:CNC) Solid Profits Have Weak Fundamentals

Concurrent Technologies Plc Proposes Final Dividend , Payable on 12 July 2024

Price target increased by 29% to UK£1.33

Full year 2023 earnings released: EPS: UK£0.05 (vs UK£0.013 in FY 2022)

Concurrent Technologies Plc, Annual General Meeting, Jun 20, 2024

Concurrent Technologies Plc to Report Fiscal Year 2023 Results on May 01, 2024

Conurrent Technologies plc Launches New VME Board

New minor risk - Financial data availability

Concurrent Technologies Plc Appoints Isabel Urquhart as Independent Non-Executive Director

Concurrent Technologies plc Provides Earnings Guidance for the Fourth Quarter, Second Half and Full Year of Fiscal Year Ending 31 December 2023 and Revenue Guidance for the Fiscal Year Ending 31 December 2024

Consensus EPS estimates fall by 16%, revenue upgraded

Concurrent Technologies plc Provides Earnings Guidance for the Fourth Quarter, Second Half and Full Year of Fiscal Year Ending 31 December 2023 and Revenue Guidance for the Fiscal Year Ending 31 December 2024

Concurrent Technologies plc Launches High Performance Plug In Card

Concurrent Technologies Launches Ruggedised Plug-In-Card

First half 2023 earnings released: EPS: UK£0.015 (vs UK£0.007 in 1H 2022)

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

Concurrent Technologies plc Delivers New Vpx Plug-In Card Variant

Conurrent Technologies Launches A New Switch Plug-In-Card

Consensus EPS estimates increase by 29%

New minor risk - Share price stability

Concurrent Technologies Plc to Report First Half, 2023 Results on Sep 19, 2023

New major risk - Revenue and earnings growth

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Concurrent Technologies Plc, Annual General Meeting, Aug 24, 2023

Be Wary Of Concurrent Technologies (LON:CNC) And Its Returns On Capital

Concurrent Technologies Plc to Report Fiscal Year 2022 Results on Jun 21, 2023

Concurrent Technologies plc Provides Earnings Guidance for the Year Ending December 31, 2022

Less than half of directors are independent

Concurrent Technologies Enters the Systems Market Launch of Helios Rugged Vision Computer System

First half 2022 earnings released: EPS: UK£0.008 (vs UK£0.021 in 1H 2021)

Concurrent Technologies Plc to Report First Half, 2022 Results on Sep 26, 2022

Upcoming dividend of UK£0.014 per share

Concurrent Technologies Plc, Annual General Meeting, Jun 29, 2022

Concurrent Technologies (LON:CNC) Has Some Way To Go To Become A Multi-Bagger

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Concurrent Technologies Plc Names Kim Garrod as Chief Financial Officer and as an Executive Director of the Company

Less than half of directors are independent

Calculating The Intrinsic Value Of Concurrent Technologies Plc (LON:CNC)

Concurrent Technologies plc Launches New Plug in Card

Concurrent Technologies plc Announces Executive Changes

Concurrent Technologies plc Announce A New Plug in Card

Here's What To Make Of Concurrent Technologies' (LON:CNC) Decelerating Rates Of Return

Less than half of directors are independent

Concurrent Technologies (LON:CNC) Has Announced That It Will Be Increasing Its Dividend To UK£0.011

Engineering Director & Executive Director David Evans-Hughes has left the company

First half 2021 earnings released: EPS UK£0.021 (vs UK£0.016 in 1H 2020)

Concurrent Technologies Plc Announces 3U VPX Processor Board

Executive Director Jane Annear has left the company

CEO & Executive Director Miles Adcock has left the company

Less than half of directors are independent

Estimating The Intrinsic Value Of Concurrent Technologies Plc (LON:CNC)

Should Concurrent Technologies Plc (LON:CNC) Be Part Of Your Dividend Portfolio?

Full year 2020 earnings released: EPS UK£0.038 (vs UK£0.055 in FY 2019)

Income Investors Should Know That Concurrent Technologies Plc (LON:CNC) Goes Ex-Dividend Soon