Veto Switchgears and Cables Past Earnings Performance
Past criteria checks 3/6
Veto Switchgears and Cables has been growing earnings at an average annual rate of 15%, while the Electrical industry saw earnings growing at 33.1% annually. Revenues have been growing at an average rate of 16% per year. Veto Switchgears and Cables's return on equity is 7%, and it has net margins of 6%.
Key information
15.0%
Earnings growth rate
14.9%
EPS growth rate
| Electrical Industry Growth | 25.1% |
| Revenue growth rate | 16.0% |
| Return on equity | 7.0% |
| Net Margin | 6.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Veto Switchgears and Cables 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 Sep 24 | 2,971 | 179 | 225 | 0 |
| 30 Jun 24 | 2,991 | 180 | 184 | 0 |
| 31 Mar 24 | 3,003 | 180 | 222 | 0 |
| 31 Dec 23 | 3,056 | 179 | 231 | 0 |
| 30 Sep 23 | 2,968 | 177 | 236 | 0 |
| 30 Jun 23 | 3,027 | 187 | 186 | 0 |
| 31 Mar 23 | 2,925 | 202 | 240 | 0 |
| 31 Dec 22 | 2,898 | 229 | 231 | 0 |
| 30 Sep 22 | 2,878 | 263 | 227 | 0 |
| 30 Jun 22 | 2,889 | 241 | 180 | 0 |
| 31 Mar 22 | 2,693 | 200 | 202 | 0 |
| 31 Dec 21 | 2,537 | 197 | 196 | 0 |
| 30 Sep 21 | 2,335 | 176 | 183 | 0 |
| 30 Jun 21 | 2,002 | 151 | 136 | 0 |
| 31 Mar 21 | 1,818 | 148 | 158 | 0 |
| 31 Dec 20 | 1,553 | 120 | 139 | 0 |
| 30 Sep 20 | 1,428 | 96 | 133 | 0 |
| 30 Jun 20 | 1,377 | 99 | 129 | 0 |
| 31 Mar 20 | 1,502 | 93 | 134 | 0 |
| 31 Dec 19 | 1,588 | 87 | 126 | 0 |
| 30 Sep 19 | 1,762 | 64 | 124 | 0 |
| 30 Jun 19 | 1,969 | 54 | 97 | 0 |
| 31 Mar 19 | 2,183 | 116 | 118 | 0 |
| 31 Dec 18 | 2,408 | 176 | 115 | 0 |
| 30 Sep 18 | 2,554 | 242 | 112 | 0 |
| 30 Jun 18 | 2,617 | 308 | 85 | 0 |
| 31 Mar 18 | 2,538 | 290 | 115 | 0 |
| 31 Dec 17 | 2,512 | 276 | 108 | 0 |
| 30 Sep 17 | 2,362 | 229 | 119 | 0 |
| 30 Jun 17 | 2,310 | 200 | 131 | 0 |
| 31 Mar 17 | 2,391 | 183 | 142 | 0 |
| 31 Mar 16 | 1,767 | 131 | 105 | 0 |
| 31 Mar 15 | 973 | 71 | 80 | 0 |
| 31 Mar 14 | 945 | 61 | 124 | 0 |
Quality Earnings: 539331 has high quality earnings.
Growing Profit Margin: 539331's current net profit margins (6%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 539331's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 539331's earnings growth over the past year (1.1%) is below its 5-year average (15% per year).
Earnings vs Industry: 539331 earnings growth over the past year (1.1%) did not outperform the Electrical industry 33.8%.
Return on Equity
High ROE: 539331's Return on Equity (7%) is considered low.