Zegona Communications plc

LSE:ZEG Stock Report

Market Cap: UK£3.6b

Zegona Communications Future Growth

Future criteria checks 3/6

Zegona Communications is forecast to grow earnings and revenue by 43.3% and 1% per annum respectively while EPS is expected to grow by 31.9% per annum.

Key information

43.3%

Earnings growth rate

31.88%

EPS growth rate

Telecom earnings growth15.7%
Revenue growth rate1.0%
Future return on equityn/a
Analyst coverage

Good

Last updated09 Sep 2026

Recent future growth updates

Recent updates

Analysis Article • Feb 12

Estimating The Fair Value Of Zegona Communications plc (LON:ZEG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Zegona Communications fair value estimate is UK£20.28 Current...
Analysis Article • Dec 16

Zegona Communications plc's (LON:ZEG) 25% Jump Shows Its Popularity With Investors

Zegona Communications plc ( LON:ZEG ) shareholders have had their patience rewarded with a 25% share price jump in the...
Analysis Article • Dec 05

Is Zegona Communications (LON:ZEG) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 11

There's Been No Shortage Of Growth Recently For Zegona Communications' (LON:ZEG) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Oct 07

An Intrinsic Calculation For Zegona Communications plc (LON:ZEG) Suggests It's 29% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Zegona Communications fair value estimate is UK£18.65 Zegona...
New Narrative • Aug 14

Zegona's Future EPS Set to Triple with Vodafone Spain Acquisition

Zegona – Key Notes for Monitoring 1. Main thesis: Zegona acquired Vodafone Spain (EV €5.0 B) with very little cash outlay thanks to debt financing and €900 M in Redeemable Preference Shares (RPS) issued to Vodafone via EJLSHM Funding Ltd.

Earnings and Revenue Growth Forecasts

LSE:ZEG - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20293,7563355711,5477
3/31/20283,7273305211,5128
3/31/20273,6861873591,5578
3/31/20263,628-1891,8502,477N/A
9/30/20252,997-727401,234N/A
6/30/20252,704-2127521,186N/A
3/31/20252,412-3517651,137N/A
6/30/2024302-6060136N/A
3/31/2024151-382866N/A
12/31/2023N/A-16-4-4N/A
9/30/2023N/A-9-4-4N/A
6/30/2023N/A-3-3-3N/A
3/31/2023N/A-3-4-4N/A
12/31/2022N/A-3-4-4N/A
9/30/2022N/A-8-19-19N/A
6/30/2022N/A-12-34-34N/A
3/31/2022N/A-23-37-37N/A
12/31/2021N/A-34-39-39N/A
9/30/2021N/A-31-25-25N/A
6/30/2021N/A-28-10-10N/A
3/31/2021N/A-17-9-9N/A
12/31/2020N/A-6-7-7N/A
9/30/2020N/A1-7-7N/A
6/30/2020N/A7-7-7N/A
3/31/2020N/A25-6-6N/A
12/31/2019N/A42N/A-5N/A
9/30/2019N/A29N/A-5N/A
6/30/2019N/A17N/A-5N/A
3/31/2019N/A13N/A-5N/A
12/31/2018N/A10N/A-6N/A
9/30/2018N/A16N/A-7N/A
6/30/2018N/A21N/A-9N/A
3/31/2018N/A5N/A4N/A
12/31/2017N/A-11N/A16N/A
9/30/2017N/A-10N/AN/AN/A
6/30/2017N/A-8N/A45N/A
3/31/2017N/A-7N/A42N/A
12/31/2016N/A-6N/A40N/A
6/30/201658-20N/A17N/A
3/31/201658-18N/A8N/A
12/31/201558-16N/A-1N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZEG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: ZEG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZEG is expected to become profitable in the next 3 years.

Revenue vs Market: ZEG's revenue (1% per year) is forecast to grow slower than the UK market (3.7% per year).

High Growth Revenue: ZEG's revenue (1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ZEG's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 07:24
End of Day Share Price 2026/09/09 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zegona Communications plc is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fernando Cordero BarreiraBanco Santander
Maurice PatrickBarclays
Shekhan AliBerenberg