Drax Group Future Growth
Future criteria checks 0/6
Drax Group's revenue and earnings are forecast to decline at 8.8% and 31.8% per annum respectively. EPS is expected to decline by 30.1% per annum. Return on equity is forecast to be 13% in 3 years.
Key information
-31.8%
Earnings growth rate
-30.1%
EPS growth rate
| Renewable Energy earnings growth | 17.0% |
| Revenue growth rate | -8.8% |
| Future return on equity | 13.0% |
| Analyst coverage | Good |
| Last updated | 12 Dec 2024 |
Recent future growth updates
Recent updates
Drax Group plc's (LON:DRX) Earnings Are Not Doing Enough For Some Investors
Nov 20
Drax Group (LON:DRX) Seems To Use Debt Quite Sensibly
Sep 24What Is Drax Group plc's (LON:DRX) Share Price Doing?
Aug 31Drax Group plc (LON:DRX) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Jul 29What Does Drax Group plc's (LON:DRX) Share Price Indicate?
Apr 24Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Apr 09Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)
Feb 07Drax Group plc (LON:DRX) Doing What It Can To Lift Shares
Dec 24Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate
Oct 24Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?
Sep 20Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Aug 18Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook
Jul 30Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)
Jul 20If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity
Jun 28The Price Is Right For Drax Group plc (LON:DRX)
May 27Is Drax Group (LON:DRX) Using Too Much Debt?
Apr 02Should You Think About Buying Drax Group plc (LON:DRX) Now?
Jan 20Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 16At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?
Sep 19Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt
Aug 24Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher
Jul 28Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 15Is Drax Group plc (LON:DRX) Potentially Undervalued?
May 22Is Drax Group (LON:DRX) Using Too Much Debt?
Mar 30We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve
Mar 03Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 09Is Drax Group (LON:DRX) A Risky Investment?
Aug 27Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?
May 12Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly
Apr 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,357 | 262 | 388 | 552 | 6 |
| 12/31/2025 | 7,576 | 388 | 517 | 681 | 6 |
| 12/31/2024 | 7,947 | 494 | 314 | 788 | 6 |
| 6/30/2024 | 7,392 | 654 | 401 | 876 | N/A |
| 3/31/2024 | 7,759 | 608 | 398 | 856 | N/A |
| 12/31/2023 | 8,125 | 562 | 395 | 836 | N/A |
| 9/30/2023 | 8,018 | 373 | 232 | 578 | N/A |
| 6/30/2023 | 8,110 | 184 | 70 | 320 | N/A |
| 3/31/2023 | 7,943 | 135 | 51 | 264 | N/A |
| 12/31/2022 | 7,775 | 85 | 33 | 208 | N/A |
| 9/30/2022 | 7,123 | 148 | 70 | 272 | N/A |
| 6/30/2022 | 6,471 | 211 | 106 | 335 | N/A |
| 3/31/2022 | 5,780 | 133 | 102 | 321 | N/A |
| 12/31/2021 | 5,088 | 56 | 97 | 307 | N/A |
| 9/30/2021 | 4,695 | -35 | 79 | 274 | N/A |
| 6/30/2021 | 4,302 | -125 | 61 | 241 | N/A |
| 3/31/2021 | 4,273 | -160 | 97 | 273 | N/A |
| 12/31/2020 | 4,245 | -195 | 132 | 306 | N/A |
| 6/30/2020 | 4,352 | -89 | 233 | 395 | N/A |
| 3/31/2020 | 4,410 | -49 | 237 | 404 | N/A |
| 12/31/2019 | 4,468 | -10 | 242 | 413 | N/A |
| 9/30/2019 | 4,553 | 14 | 245 | 407 | N/A |
| 6/30/2019 | 4,393 | 28 | 246 | 399 | N/A |
| 3/31/2019 | 4,311 | 24 | 212 | 355 | N/A |
| 12/31/2018 | 4,229 | 20 | 179 | 311 | N/A |
| 9/30/2018 | 4,091 | -33 | 135 | 271 | N/A |
| 6/30/2018 | 3,952 | -86 | 91 | 231 | N/A |
| 3/31/2018 | 3,818 | -127 | N/A | 273 | N/A |
| 12/31/2017 | 3,684 | -168 | N/A | 315 | N/A |
| 9/30/2017 | 3,474 | -104 | N/A | 276 | N/A |
| 6/30/2017 | 3,264 | -40 | N/A | 236 | N/A |
| 3/31/2017 | 3,107 | 77 | N/A | 214 | N/A |
| 12/31/2016 | 2,950 | 194 | N/A | 191 | N/A |
| 9/30/2016 | 2,995 | 180 | N/A | 162 | N/A |
| 6/30/2016 | 3,040 | 166 | N/A | 133 | N/A |
| 3/31/2016 | 3,053 | 111 | N/A | 141 | N/A |
| 12/31/2015 | 3,065 | 56 | N/A | 148 | N/A |
| 9/30/2015 | 3,062 | 115 | N/A | 178 | N/A |
| 6/30/2015 | 3,060 | 174 | N/A | 207 | N/A |
| 3/31/2015 | 2,932 | 151 | N/A | 148 | N/A |
| 12/31/2014 | 2,805 | 129 | N/A | 90 | N/A |
| 9/30/2014 | 2,603 | 5 | N/A | 85 | N/A |
| 6/30/2014 | 2,400 | -119 | N/A | 80 | N/A |
| 3/31/2014 | 2,231 | -34 | N/A | 111 | N/A |
| 12/31/2013 | 2,062 | 51 | N/A | 142 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRX's earnings are forecast to decline over the next 3 years (-31.8% per year).
Earnings vs Market: DRX's earnings are forecast to decline over the next 3 years (-31.8% per year).
High Growth Earnings: DRX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DRX's revenue is expected to decline over the next 3 years (-8.8% per year).
High Growth Revenue: DRX's revenue is forecast to decline over the next 3 years (-8.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DRX's Return on Equity is forecast to be low in 3 years time (13%).