Magnora Future Growth

Future criteria checks 1/6

Magnora's earnings are forecast to decline at 22.5% per annum while its annual revenue is expected to grow at 5.2% per year. EPS is expected to decline by 22.1% per annum. Return on equity is forecast to be 19.4% in 3 years.

Key information

-22.5%

Earnings growth rate

-22.1%

EPS growth rate

Renewable Energy earnings growth	23.9%
Revenue growth rate	5.2%
Future return on equity	19.4%
Analyst coverage	Low
Last updated	16 Jul 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0MHQ - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	192	139	N/A	N/A	1
12/31/2025	158	105	N/A	N/A	1
12/31/2024	680	594	336	402	1
6/30/2024	-140	36	-67	-67	N/A
3/31/2024	29	179	-63	-62	N/A
12/31/2023	25	193	-2	3	N/A
9/30/2023	334	247	-12	-2	N/A
6/30/2023	323	249	-21	-11	N/A
3/31/2023	99	38	-28	-15	N/A
12/31/2022	92	13	-76	-68	N/A
9/30/2022	16	-71	-59	-55	N/A
6/30/2022	17	-71	-51	-47	N/A
3/31/2022	14	-73	-30	-30	N/A
12/31/2021	15	-63	-24	-24	N/A
9/30/2021	18	-27	-8	-8	N/A
6/30/2021	22	-4	9	9	N/A
3/31/2021	25	18	14	14	N/A
12/31/2020	28	29	30	30	N/A
9/30/2020	31	27	35	35	N/A
6/30/2020	33	25	33	33	N/A
3/31/2020	37	15	35	35	N/A
12/31/2019	42	20	26	26	N/A
9/30/2019	47	73	4	4	N/A
6/30/2019	51	70	16	16	N/A
3/31/2019	56	73	14	14	N/A
12/31/2018	70	87	21	21	N/A
9/30/2018	60	27	18	18	N/A
6/30/2018	46	3	23	23	N/A
3/31/2018	19	40	N/A	65	N/A
12/31/2017	3	6	N/A	4	N/A
9/30/2017	18	-1	N/A	17	N/A
6/30/2017	40	17	N/A	-51	N/A
3/31/2017	86	-151	N/A	-189	N/A
12/31/2016	117	-241	N/A	-116	N/A
9/30/2016	-97	-268	N/A	-135	N/A
6/30/2016	55	-349	N/A	-106	N/A
3/31/2016	149	-545	N/A	20	N/A
12/31/2015	250	-514	N/A	-4	N/A
9/30/2015	666	-580	N/A	-20	N/A
6/30/2015	640	-447	N/A	-49	N/A
3/31/2015	751	-131	N/A	-52	N/A
12/31/2014	766	-70	N/A	-79	N/A
9/30/2014	697	35	N/A	-20	N/A
6/30/2014	671	53	N/A	-2	N/A
3/31/2014	645	195	N/A	-14	N/A
12/31/2013	623	186	N/A	-7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0MHQ's earnings are forecast to decline over the next 3 years (-22.5% per year).

Earnings vs Market: 0MHQ's earnings are forecast to decline over the next 3 years (-22.5% per year).

High Growth Earnings: 0MHQ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 0MHQ's revenue (5.2% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: 0MHQ's revenue (5.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0MHQ's Return on Equity is forecast to be low in 3 years time (19.4%).

Magnora Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Magnora ASA (OB:MGN) commences an Equity Buyback Plan for 6,575,183 shares, representing 10% of its issued share capital, under the authorization approved on April 23, 2024.

Executive Chairman recently bought kr242k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of kr4.19 per share

New major risk - Revenue and earnings growth

Second quarter dividend of kr4.19 announced

Second quarter 2024 earnings released

SunMind SAS completed the acquisition of Helios Nordic Energy AB from Magnora ASA (OB:MGN), management of Helios Nordic Energy AB and a few minority investors.

New major risk - Revenue and earnings growth

No independent directors

Vinci SA (ENXTPA:DG) signed an agreement to acquire 40% stake in Helios Nordic Energy AB from Magnora ASA (OB:MGN) for NOK 850 million.

Vinci SA (ENXTPA:DG) signed an agreement to acquire 40% stake in Helios Nordic Energy AB from Magnora ASA (OB:MGN) for NOK 850 million.

First quarter 2024 earnings released: kr0.099 loss per share (vs kr0.10 profit in 1Q 2023)

No independent directors

Magnora ASA Separates Its Legacy Business from Its Renewables Business

Magnora Asa Authorizes Quarterly Cash Distribution, Payable on 2 November 2023

Third quarter 2023 earnings released: kr0.25 loss per share (vs kr0.23 loss in 3Q 2022)

Magnora ASA, Annual General Meeting, Apr 23, 2024

Executive Chairman recently bought kr1.1m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released

Magnora ASA (OB:MGN) commences an Equity Buyback for 6,682,268 shares, representing 10% of its issued share capital, under the authorization approved on April 25, 2023.

Magnora ASA Launches Capital Distribution Program

First quarter 2023 earnings released

First Solar, Inc. (NasdaqGS:FSLR) acquired Evolar AB from Magnora ASA (OB:MGN) for $38 million.

Full year 2022 earnings released: EPS: kr0.21 (vs kr1.11 loss in FY 2021)

Full year 2022 earnings released: EPS: kr0.058 (vs kr1.11 loss in FY 2021)

Magnora ASA to Report Q4, 2023 Results on Feb 13, 2024

Magnora ASA, Annual General Meeting, Apr 25, 2023

No independent directors

Third quarter 2022 earnings released

Magnora ASA announced that it expects to receive NOK 200 million in funding

Second quarter 2022 earnings released

Chief Financial Officer recently bought kr432k worth of stock

First quarter 2022 earnings released: kr0.32 loss per share (vs kr0.14 loss in 1Q 2021)

No independent directors

Magnora ASA (OB:MGN) acquired additional 13.5% minority stake in Evolar AB.

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Magnora ASA (OB:MGN) acquired a 92% stake in African Green Ventures.

Insider recently bought kr495k worth of stock

Key Executive recently bought kr245k worth of stock

Magnora ASA (OB:MGN) acquired additional 9.3% stake in Evolar AB.

Insider recently bought kr50k worth of stock

Third quarter 2021 earnings released

Executive Chairman recently bought kr2.9m worth of stock

Director recently bought kr76k worth of stock

Magnora ASA (OB:MGN) acquired additional 15% stake in Helios Nordic Energy AB.

Insider recently bought kr202k worth of stock

Second quarter 2021 earnings released: kr0.17 loss per share (vs kr0.23 profit in 2Q 2020)

Magnora ASA (OSE: MGN) acquired an unknown minority stake in Kustvind AB.

Investor sentiment deteriorated over the past week

Chief Executive Officer recently bought kr900k worth of stock

Magnora ASA (OB:MGN) agreed to acquire additional 12.26% minority stake in Evolar AB.

First quarter 2021 earnings released

Executive Vice President of Operations recently bought kr447k worth of stock

Magnora ASA (OB:MGN) entered into agreement to acquire an additional 25% stake in Vindr AB.

Full year 2020 earnings released: EPS kr0.54 (vs kr0.38 in FY 2019)

Revenue beats expectations

Magnora ASA to Report Q4, 2021 Results on Feb 15, 2022

Magnora ASA Updates on Oddeheia and Bjelkeberg Wind Farm Project

Magnora ASA Appoints Peter Nygren as Executive Vice President

Magnora ASA (OB:MGN) entered into an agreement to acquire 25% stake in Helios Nordic Energy AB

Magnora ASA Enters Partnership to Establish Floating Wind Company

Magnora ASA to Report Q3, 2021 Results on Nov 15, 2021

Market pulls back on stock over the past week

Market pulls back on stock over the past week

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS kr0.14

Market pulls back on stock over the past week

Chief Executive Officer recently bought kr564k worth of stock

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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