Meshek Energy - Renewable Energies Past Earnings Performance
Past criteria checks 2/6
Meshek Energy - Renewable Energies has been growing earnings at an average annual rate of 31.3%, while the Renewable Energy industry saw earnings growing at 36.4% annually. Revenues have been growing at an average rate of 30.3% per year. Meshek Energy - Renewable Energies's return on equity is 1.1%, and it has net margins of 29.9%.
Key information
31.3%
Earnings growth rate
44.1%
EPS growth rate
| Renewable Energy Industry Growth | 22.1% |
| Revenue growth rate | 30.3% |
| Return on equity | 1.1% |
| Net Margin | 29.9% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Meshek Energy - Renewable Energies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 90 | 27 | 25 | 0 |
| 31 Mar 24 | 83 | 10 | 23 | 0 |
| 31 Dec 23 | 79 | 2 | 22 | 0 |
| 30 Sep 23 | 78 | 30 | 21 | 0 |
| 30 Jun 23 | 73 | -5 | 19 | 0 |
| 31 Mar 23 | 72 | 0 | 20 | 0 |
| 31 Dec 22 | 68 | -11 | 20 | 0 |
| 30 Sep 22 | 64 | -31 | 19 | 0 |
| 30 Jun 22 | 58 | -69 | 20 | 0 |
| 31 Mar 22 | 53 | -47 | 21 | 0 |
| 31 Dec 21 | 45 | -40 | 21 | 0 |
| 30 Sep 21 | 36 | -34 | 20 | 0 |
| 30 Jun 21 | 25 | -22 | 17 | 0 |
| 31 Mar 21 | 13 | -14 | 12 | 0 |
| 31 Dec 20 | 10 | -11 | 9 | 0 |
| 30 Sep 20 | 10 | -8 | 5 | 0 |
| 30 Jun 20 | 9 | -12 | 4 | 0 |
| 31 Mar 20 | 8 | -10 | 4 | 0 |
| 31 Dec 19 | 9 | -11 | 4 | 0 |
| 31 Dec 18 | 0 | -8 | 3 | 0 |
Quality Earnings: MSKE has a large one-off gain of ₪4.8M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: MSKE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSKE has become profitable over the past 5 years, growing earnings by 31.3% per year.
Accelerating Growth: MSKE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MSKE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-23%).
Return on Equity
High ROE: MSKE's Return on Equity (1.1%) is considered low.