Azrieli Group Future Growth

Future criteria checks 3/6

Azrieli Group's revenue is forecast to decline at 16.2% per annum while its annual earnings are expected to grow at 25.5% per year. EPS is expected to grow by 25.5% per annum. Return on equity is forecast to be 4.6% in 3 years.

Key information

25.5%

Earnings growth rate

25.5%

EPS growth rate

Real Estate earnings growth	15.4%
Revenue growth rate	-16.2%
Future return on equity	4.6%
Analyst coverage	Low
Last updated	29 Mar 2024

Recent future growth updates

Recent updates

What Kind Of Shareholders Hold The Majority In Azrieli Group Ltd's (TLV:AZRG) Shares?

Mar 03

Azrieli Group (TLV:AZRG) Takes On Some Risk With Its Use Of Debt

Feb 14

Does Azrieli Group's (TLV:AZRG) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 30

Here's What You Should Know About Azrieli Group Ltd's (TLV:AZRG) 1.2% Dividend Yield

Jan 14

Can Mixed Fundamentals Have A Negative Impact on Azrieli Group Ltd (TLV:AZRG) Current Share Price Momentum?

Dec 30

Did Azrieli Group's (TLV:AZRG) Share Price Deserve to Gain 43%?

Dec 15

What Is The Ownership Structure Like For Azrieli Group Ltd (TLV:AZRG)?

Nov 30

Azrieli Group Ltd's (TLV:AZRG) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Jul 07

Earnings and Revenue Growth Forecasts

TASE:AZRG - Analysts future estimates and past financials data (ILS Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,651	5,267	N/A	N/A	1
12/31/2025	2,408	4,507	N/A	N/A	1
12/31/2024	2,147	3,652	N/A	N/A	1
12/31/2023	4,291	2,225	1,167	1,371	N/A
9/30/2023	3,036	1,476	1,274	1,486	N/A
6/30/2023	3,153	1,454	1,259	1,471	N/A
3/31/2023	3,070	1,838	1,614	1,681	N/A
12/31/2022	2,982	1,797	1,692	1,753	N/A
9/30/2022	2,938	3,680	1,705	1,756	N/A
6/30/2022	2,626	3,537	1,588	1,627	N/A
3/31/2022	2,512	3,118	1,487	1,521	N/A
12/31/2021	2,290	2,892	1,325	1,357	N/A
9/30/2021	2,002	653	1,095	1,127	N/A
6/30/2021	1,886	661	1,072	1,102	N/A
3/31/2021	1,684	212	813	841	N/A
12/31/2020	1,825	201	649	941	N/A
9/30/2020	2,029	996	717	1,048	N/A
6/30/2020	2,104	1,075	861	1,201	N/A
3/31/2020	2,314	1,469	1,167	1,511	N/A
12/31/2019	2,379	1,707	1,497	1,585	N/A
9/30/2019	2,372	1,374	1,455	1,517	N/A
6/30/2019	2,362	1,353	1,394	1,463	N/A
3/31/2019	2,108	1,223	1,293	1,375	N/A
12/31/2018	2,197	1,145	1,185	1,266	N/A
9/30/2018	2,262	1,022	1,202	1,285	N/A
6/30/2018	2,403	1,032	1,125	1,205	N/A
3/31/2018	2,758	1,475	1,111	1,192	N/A
12/31/2017	2,000	1,388	1,133	1,219	N/A
9/30/2017	2,754	1,759	N/A	1,233	N/A
6/30/2017	2,635	1,781	N/A	1,211	N/A
3/31/2017	2,538	1,384	N/A	1,364	N/A
12/31/2016	2,465	1,819	N/A	1,290	N/A
9/30/2016	2,386	1,509	N/A	1,358	N/A
6/30/2016	2,366	1,414	N/A	1,370	N/A
3/31/2016	2,386	1,407	N/A	1,265	N/A
12/31/2015	2,387	920	N/A	1,261	N/A
9/30/2015	3,500	827	N/A	1,280	N/A
6/30/2015	4,813	807	N/A	1,209	N/A
3/31/2015	6,068	767	N/A	1,221	N/A
12/31/2014	2,463	740	N/A	1,154	N/A
9/30/2014	7,582	966	N/A	1,260	N/A
6/30/2014	7,669	840	N/A	1,218	N/A
3/31/2014	7,775	907	N/A	1,424	N/A
12/31/2013	7,972	892	N/A	1,689	N/A
9/30/2013	8,205	859	N/A	1,624	N/A
6/30/2013	8,603	1,009	N/A	1,988	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AZRG's forecast earnings growth (25.5% per year) is above the savings rate (2.1%).

Earnings vs Market: AZRG's earnings (25.5% per year) are forecast to grow faster than the IL market (8% per year).

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

Revenue vs Market: AZRG's revenue is expected to decline over the next 3 years (-16.2% per year).

High Growth Revenue: AZRG's revenue is forecast to decline over the next 3 years (-16.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AZRG's Return on Equity is forecast to be low in 3 years time (4.6%).

Azrieli Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 12%, revenue downgraded

Price target increased by 12% to ₪289

Consensus EPS estimates fall by 13%, revenue upgraded

Consensus EPS estimates increase by 17%, revenue downgraded

Price target decreased by 13% to ₪272

Consensus forecasts updated

Recent updates

Azrieli Group Ltd's (TLV:AZRG) Shares Not Telling The Full Story

Upcoming dividend of ₪8.25 per share

Consensus EPS estimates increase by 12%, revenue downgraded

Why Azrieli Group's (TLV:AZRG) Healthy Earnings Aren’t As Good As They Seem

Price target increased by 12% to ₪289

New minor risk - Dividend sustainability

Full year 2023 earnings released: EPS: ₪18.35 (vs ₪14.82 in FY 2022)

We Think Azrieli Group (TLV:AZRG) Is Taking Some Risk With Its Debt

Azrieli Group Ltd to Report Q4, 2023 Results on Mar 21, 2024

What You Can Learn From Azrieli Group Ltd's (TLV:AZRG) P/E

Third quarter 2023 earnings released: EPS: ₪2.90 (vs ₪2.72 in 3Q 2022)

Azrieli Group Ltd, Annual General Meeting, Jan 01, 2024

Azrieli Group Ltd to Report Q3, 2023 Results on Nov 27, 2023

Consensus EPS estimates fall by 13%, revenue upgraded

Azrieli Group (TLV:AZRG) Has A Somewhat Strained Balance Sheet

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Azrieli Group Ltd to Report Q2, 2023 Results on Aug 17, 2023

Consensus EPS estimates increase by 17%, revenue downgraded

Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board agreed to acquire Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd.

Azrieli Group (TLV:AZRG) Has A Somewhat Strained Balance Sheet

First quarter 2023 earnings: EPS misses analyst expectations

Upcoming dividend of ₪5.77 per share at 2.8% yield

Full year 2022 earnings released: EPS: ₪14.82 (vs ₪23.85 in FY 2021)

Price target decreased by 13% to ₪272

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: ₪2.72 (vs ₪1.54 in 3Q 2021)

Azrieli Group Ltd to Report Q3, 2022 Results on Nov 23, 2022

Insufficient new directors

Consensus forecasts updated

Insufficient new directors

Second quarter 2022 earnings released: EPS: ₪6.61 (vs ₪3.15 in 2Q 2021)

Consensus forecasts updated

Azrieli Group Ltd to Report First Half, 2022 Results on Aug 17, 2022

Azrieli Group Ltd to Report Q1, 2022 Results on May 31, 2022

Price target increased to ₪334

Upcoming dividend of ₪5.36 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

We Think Azrieli Group (TLV:AZRG) Is Taking Some Risk With Its Debt

Azrieli Group Ltd to Report Q4, 2021 Results on Mar 23, 2022

Consensus forecasts updated

Is Azrieli Group (TLV:AZRG) Using Too Much Debt?

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ₪314

Does Azrieli Group (TLV:AZRG) Have A Healthy Balance Sheet?

Second quarter 2021 earnings released: EPS ₪3.15 (vs ₪0.54 loss in 2Q 2020)

Azrieli Group Ltd (TASE:AZRG) signed an agreement to acquire Green Mountain AS for approximately NOK 7.6 billion.

Price target increased to ₪244

Upcoming dividend of ₪1.24 per share

First quarter 2021 earnings released: EPS ₪0.91 (vs ₪0.82 in 1Q 2020)

Price target increased to ₪241

Is Azrieli Group Ltd (TLV:AZRG) An Attractive Dividend Stock?

Upcoming dividend of ₪3.71 per share

Full year 2020 earnings released: EPS ₪1.66 (vs ₪14.08 in FY 2019)

What Kind Of Shareholders Hold The Majority In Azrieli Group Ltd's (TLV:AZRG) Shares?

Azrieli Group (TLV:AZRG) Takes On Some Risk With Its Use Of Debt

Azrieli Group Ltd to Report Fiscal Year 2020 Results on Mar 25, 2021

Does Azrieli Group's (TLV:AZRG) Statutory Profit Adequately Reflect Its Underlying Profit?

Analysts lower revenue estimates to ₪1.37b

Here's What You Should Know About Azrieli Group Ltd's (TLV:AZRG) 1.2% Dividend Yield

Can Mixed Fundamentals Have A Negative Impact on Azrieli Group Ltd (TLV:AZRG) Current Share Price Momentum?

New 90-day high: ₪205

Did Azrieli Group's (TLV:AZRG) Share Price Deserve to Gain 43%?

What Is The Ownership Structure Like For Azrieli Group Ltd (TLV:AZRG)?

Third quarter 2020 earnings released: EPS ₪1.61

Market bids up stock over the past week

New 90-day high: ₪195

Azrieli Group Ltd to Report Q3, 2020 Results on Nov 25, 2020

New 90-day low: ₪152

New 90-day high - ₪188