Lenovo Group Future Growth

Future criteria checks 5/6

Lenovo Group is forecast to grow earnings and revenue by 24.2% and 7.7% per annum respectively. EPS is expected to grow by 23.7% per annum. Return on equity is forecast to be 25.9% in 3 years.

Key information

24.2%

Earnings growth rate

23.7%

EPS growth rate

Tech earnings growth	23.5%
Revenue growth rate	7.7%
Future return on equity	25.9%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

At HK$7.95, Is It Time To Put Lenovo Group Limited (HKG:992) On Your Watch List?

May 08

Is Lenovo Group Limited (HKG:992) Trading At A 49% Discount?

Apr 11

We Think Lenovo Group (HKG:992) Can Stay On Top Of Its Debt

Mar 28

Under The Bonnet, Lenovo Group's (HKG:992) Returns Look Impressive

Feb 17

What Does Lenovo Group Limited's (HKG:992) Share Price Indicate?

Feb 06

An Intrinsic Calculation For Lenovo Group Limited (HKG:992) Suggests It's 47% Undervalued

Jan 02

Does Lenovo Group (HKG:992) Have A Healthy Balance Sheet?

Dec 22

Lenovo Group (HKG:992) Is Due To Pay A Dividend Of $0.08

Nov 20

Why The 29% Return On Capital At Lenovo Group (HKG:992) Should Have Your Attention

Nov 18

Lenovo Group (HKG:992) Is Paying Out A Dividend Of $0.08

Nov 06

Is Lenovo Group Limited (HKG:992) Potentially Undervalued?

Oct 31

Earnings and Revenue Growth Forecasts

SEHK:992 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	70,500	2,100	2,764	3,364	1
3/31/2026	66,933	1,716	1,852	3,149	24
3/31/2025	61,278	1,298	1,410	2,636	25
3/31/2024	56,304	925	2,891	2,595	25
12/31/2023	55,666	876	306	1,712	N/A
9/30/2023	55,211	977	-63	1,422	N/A
6/30/2023	57,891	1,269	1,529	3,052	N/A
3/31/2023	61,947	1,608	1,223	2,801	N/A
12/31/2022	66,006	1,906	2,451	4,020	N/A
9/30/2022	70,865	2,109	3,056	4,552	N/A
6/30/2022	71,645	2,079	2,637	4,028	N/A
3/31/2022	71,618	2,030	2,793	4,077	N/A
12/31/2021	70,555	1,835	2,017	3,216	N/A
9/30/2021	67,673	1,591	3,531	4,573	N/A
6/30/2021	64,324	1,389	2,827	3,783	N/A
3/31/2021	60,742	1,136	2,809	3,653	N/A
12/31/2020	55,692	961	2,682	3,483	N/A
9/30/2020	52,549	824	1,235	2,058	N/A
6/30/2020	51,552	716	1,824	2,669	N/A
3/31/2020	50,716	665	1,273	2,210	N/A
12/31/2019	51,847	741	367	1,300	N/A
9/30/2019	51,780	715	1,411	2,309	N/A
6/30/2019	51,637	682	168	995	N/A
3/31/2019	51,038	596	772	1,473	N/A
12/31/2018	49,966	511	548	1,197	N/A
9/30/2018	48,869	-11	-744	-139	N/A
6/30/2018	47,250	-40	-479	157	N/A
3/31/2018	45,350	-189	-1,416	-756	N/A
12/31/2017	44,290	-115	-452	205	N/A
9/30/2017	43,521	272	N/A	339	N/A
6/30/2017	42,991	290	N/A	1,534	N/A
3/31/2017	43,035	535	N/A	2,120	N/A
12/31/2016	42,589	608	N/A	1,212	N/A
9/30/2016	43,333	810	N/A	1,260	N/A
6/30/2016	44,252	-60	N/A	610	N/A
3/31/2016	44,912	-128	N/A	292	N/A
12/31/2015	47,113	-208	N/A	-111	N/A
9/30/2015	48,291	-255	N/A	233	N/A
6/30/2015	46,617	720	N/A	-457	N/A
3/31/2015	46,296	829	N/A	238	N/A
12/31/2014	44,320	887	N/A	1,811	N/A
9/30/2014	41,017	899	N/A	2,084	N/A
6/30/2014	40,315	857	N/A	1,678	N/A
3/31/2014	38,707	817	N/A	1,432	N/A
12/31/2013	37,182	786	N/A	284	N/A
9/30/2013	35,752	725	N/A	162	N/A
6/30/2013	34,651	668	N/A	493	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 992's forecast earnings growth (24.2% per year) is above the savings rate (2%).

Earnings vs Market: 992's earnings (24.2% per year) are forecast to grow faster than the Hong Kong market (11.2% per year).

High Growth Earnings: 992's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 992's revenue (7.7% per year) is forecast to grow faster than the Hong Kong market (7.6% per year).

High Growth Revenue: 992's revenue (7.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 992's Return on Equity is forecast to be high in 3 years time (25.9%)

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Lenovo Group Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 24%

Recent updates

Lenovo Embraces the AI PC Era with New ThinkCentre Desktops Powered by AMD Ryzen PRO 8000 Series Desktop Processors

Some Investors May Be Worried About Lenovo Group's (HKG:992) Returns On Capital

Is Now The Time To Look At Buying Lenovo Group Limited (HKG:992)?

Lenovo Unveils Trailblazing Products and Solutions Designed to Power AI for All At MWC 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Lenovo Group Limited Appoints Kasper Bo Roersted as an Independent Non-Executive Director and Member of Audit Committee and the Compensation Committee

Lenovo Group Limited to Unveil Its Latest Portfolio of Ai Pcs and Far Edge Computing At Mwc, Delivering Innovative Ai for All

The Price Is Right For Lenovo Group Limited (HKG:992) Even After Diving 25%

Investor sentiment deteriorates as stock falls 19%

Lenovo Group Limited to Report Q3, 2024 Results on Feb 22, 2024

Here's Why Lenovo Group (HKG:992) Has A Meaningful Debt Burden

AI-Powered Avatar from Lenovo, DeepBrain AI, and the Scott-Morgan Foundation Creates New Communication Possibilities for People with Severe Disabilities

Lenovo Unveils Full Lineup of More Than 40 New Devices and Solutions Powered by AI

New minor risk - Shareholder dilution

Return Trends At Lenovo Group (HKG:992) Aren't Appealing

Independent Non-Executive Director recently sold HK$2.2m worth of stock

Why Lenovo Group Limited (HKG:992) Could Be Worth Watching

Lenovo Launches New Hybrid Cloud Platforms and Services to Accelerate AI

Chairman & CEO recently sold HK$83m worth of stock

Lenovo Introduces New Chromebox Micro for Digital and Interactive Display Solutions

Independent Non-Executive Director recently sold HK$3.3m worth of stock

Consensus EPS estimates fall by 11%

Lenovo Group (HKG:992) Has Affirmed Its Dividend Of $0.08

Upcoming dividend of HK$0.08 per share at 4.0% yield

Lenovo Group Limited Announces the Resignation of Yang Chih-Yuan Jerry as an Independent Non-Executive Director, Effective November 16, 2023

Second quarter 2024 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 16%

Lead Independent Director recently sold HK$3.6m worth of stock

Lenovo Group Limited to Report Q2, 2024 Results on Nov 16, 2023

Commvault and Lenovo Simplify Enterprise Data Protection and Speed Recovery in the Hybrid Cloud

Is Lenovo Group (HKG:992) Using Too Much Debt?

Lenovo Launches ThinkCentre M90a Pro Gen 4 Raises Standards for Flagship All-in-One Desktop PCs

Lenovo Delivers AI At the Edge, Bringing Next-Generation Intelligence to Data

The Return Trends At Lenovo Group (HKG:992) Look Promising

Independent Non-Executive Director recently sold HK$3.6m worth of stock

Lenovo Announces New Innovations in Gaming, Software, Visuals, and Accessories

Lead Independent Director recently bought HK$911k worth of stock

Consensus EPS estimates fall by 24%

Lenovo Group Limited Appoints John Lawson Thornton an Independent Non-Executive Director and Member of Board Committee

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Should You Think About Buying Lenovo Group Limited (HKG:992) Now?

Lenovo Appoints Ryan Mccurdy as Senior Vice President and President, North America, Effective September 1, 2023

Lenovo Group Limited Approves Final Dividend for the Year Ended March 31, 2023

Independent Non-Executive Director recently sold HK$1.4m worth of stock

Lenovo Unveils New Data Management Solutions to Enable AI Workloads

Upcoming dividend of HK$0.30 per share at 4.4% yield

Lenovo Group (HKG:992) Will Pay A Dividend Of $0.30

Lenovo Group Limited to Report Q1, 2024 Results on Aug 17, 2023

Full year 2023 earnings: EPS misses analyst expectations

UK Court Issues Interest Award to InterDigital, Inc., Increasing Lenovo’s Payment Obligation to $184.9 Million

Lenovo Group (HKG:992) Has Affirmed Its Dividend Of $0.30

Lenovo Group Limited Proposes Final Dividend for the Year Ended 31 March 2023, Payable on 10 August 2023

Chairman & CEO exercised options to buy HK$302m worth of stock.

Chairman & CEO recently sold HK$204m worth of stock

Returns on Capital Paint A Bright Future For Lenovo Group (HKG:992)

Lenovo ThinkReality VRX is Now Available in Select Markets Worldwide

Lenovo Group (HKG:992) Has Announced A Dividend Of $0.30

Full year 2023 earnings: EPS misses analyst expectations

Lenovo Group Limited, Annual General Meeting, Jul 20, 2023

Lenovo Group Limited Declares a Final Dividend for the Fiscal Year Ended March 31, 2023

At HK$7.95, Is It Time To Put Lenovo Group Limited (HKG:992) On Your Watch List?

Is Lenovo Group Limited (HKG:992) Trading At A 49% Discount?

Lead Independent Director recently sold HK$16m worth of stock

We Think Lenovo Group (HKG:992) Can Stay On Top Of Its Debt

Investor sentiment improves as stock rises 17%

Lead Independent Director recently sold HK$5.5m worth of stock

Chairman & CEO exercised options to buy HK$196m worth of stock.

Chairman & CEO recently sold HK$37m worth of stock

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Under The Bonnet, Lenovo Group's (HKG:992) Returns Look Impressive

What Does Lenovo Group Limited's (HKG:992) Share Price Indicate?

InterDigital, Inc. Wins Decision from UK Court of Appeal in Lenovo Dispute

Lenovo Group Limited to Report Nine Months, 2023 Results on Feb 16, 2023