Reply Future Growth

Future criteria checks 3/6

Reply is forecast to grow earnings and revenue by 8.5% and 8.4% per annum respectively. EPS is expected to grow by 1.8% per annum. Return on equity is forecast to be 16.9% in 3 years.

Key information

8.5%

Earnings growth rate

1.8%

EPS growth rate

IT earnings growth	11.6%
Revenue growth rate	8.4%
Future return on equity	16.9%
Analyst coverage	Good
Last updated	11 Dec 2024

Recent future growth updates

Reply S.p.A. (BIT:REY) Analysts Are Pretty Bullish On The Stock After Recent Results

Mar 16

Recent updates

Reply S.p.A. (BIT:REY) Analysts Are Pretty Bullish On The Stock After Recent Results

Mar 16

Reply S.p.A.'s (BIT:REY) Intrinsic Value Is Potentially 24% Below Its Share Price

Mar 06

Investors Shouldn't Overlook The Favourable Returns On Capital At Reply (BIT:REY)

Feb 12

Risks To Shareholder Returns Are Elevated At These Prices For Reply S.p.A. (BIT:REY)

Jan 15

Why Reply S.p.A. (BIT:REY) Could Be Worth Watching

Dec 25

Earnings and Revenue Growth Forecasts

BIT:REY - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,749	271	246	N/A	10
12/31/2025	2,526	245	223	N/A	10
12/31/2024	2,291	215	193	N/A	9
9/30/2024	2,261	232	N/A	N/A	N/A
6/30/2024	2,217	219	224	260	N/A
3/31/2024	2,184	197	222	255	N/A
12/31/2023	2,142	187	221	250	N/A
9/30/2023	2,055	228	N/A	N/A	N/A
6/30/2023	2,054	229	172	213	N/A
3/31/2023	1,986	192	158	199	N/A
12/31/2022	1,911	191	143	185	N/A
9/30/2022	1,794	173	155	199	N/A
6/30/2022	1,678	155	168	212	N/A
3/31/2022	1,590	153	169	210	N/A
12/31/2021	1,501	151	170	208	N/A
9/30/2021	1,435	146	194	221	N/A
6/30/2021	1,368	141	217	235	N/A
3/31/2021	1,312	125	N/A	N/A	N/A
12/31/2020	1,270	124	213	229	N/A
9/30/2020	1,258	121	194	210	N/A
6/30/2020	1,247	118	175	191	N/A
3/31/2020	1,239	114	N/A	N/A	N/A
12/31/2019	1,206	114	186	203	N/A
9/30/2019	1,166	109	151	170	N/A
6/30/2019	1,127	103	116	136	N/A
3/31/2019	1,083	111	N/A	N/A	N/A
12/31/2018	1,051	100	90	120	N/A
9/30/2018	1,005	94	84	112	N/A
6/30/2018	960	89	N/A	104	N/A
3/31/2018	931	83	N/A	89	N/A
12/31/2017	902	78	N/A	73	N/A
9/30/2017	879	75	N/A	75	N/A
6/30/2017	855	73	N/A	78	N/A
3/31/2017	828	70	N/A	79	N/A
12/31/2016	800	68	N/A	79	N/A
9/30/2016	781	63	N/A	66	N/A
6/30/2016	762	59	N/A	52	N/A
3/31/2016	742	58	N/A	48	N/A
12/31/2015	721	57	N/A	44	N/A
9/30/2015	703	55	N/A	46	N/A
6/30/2015	684	54	N/A	47	N/A
3/31/2015	667	51	N/A	48	N/A
12/31/2014	649	48	N/A	50	N/A
9/30/2014	631	44	N/A	50	N/A
6/30/2014	613	39	N/A	51	N/A
3/31/2014	594	37	N/A	47	N/A
12/31/2013	574	34	N/A	44	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: REY's forecast earnings growth (8.5% per year) is above the savings rate (2.5%).

Earnings vs Market: REY's earnings (8.5% per year) are forecast to grow faster than the Italian market (7.1% per year).

High Growth Earnings: REY's earnings are forecast to grow, but not significantly.

Revenue vs Market: REY's revenue (8.4% per year) is forecast to grow faster than the Italian market (4% per year).

High Growth Revenue: REY's revenue (8.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: REY's Return on Equity is forecast to be low in 3 years time (16.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 14:49
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reply S.p.A. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fabrizio Spagna	Axia Financial Research
Andrea Devita	Banca Akros S.p.A. (ESN)
Gustav Froberg	Berenberg

Reply Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 9.0% to €158

Price target increased by 7.1% to €142

Price target increased by 8.5% to €144

Price target increased by 7.9% to €134

Reply S.p.A. (BIT:REY) Analysts Are Pretty Bullish On The Stock After Recent Results

Price target decreased to €142

Recent updates

Price target increased by 9.0% to €158

Third quarter 2024 earnings released

Subdued Growth No Barrier To Reply S.p.A.'s (BIT:REY) Price

At €142, Is Reply S.p.A. (BIT:REY) Worth Looking At Closely?

A Look Into Reply's (BIT:REY) Impressive Returns On Capital

Is Reply (BIT:REY) A Risky Investment?

Is Reply S.p.A. (BIT:REY) Worth €134 Based On Its Intrinsic Value?

Now 20% overvalued

Price target increased by 7.1% to €142

First half 2024 earnings released

Reply Showcases Futura, a Digital Tour Expert for Costa Crociere Powered by NVIDIA ACE and Generative AI, at SIGGRAPH 2024

Reply S.p.A.'s (BIT:REY) Share Price Could Signal Some Risk

Price target increased by 8.5% to €144

Is Reply S.p.A. (BIT:REY) Potentially Undervalued?

Reply (BIT:REY) Seems To Use Debt Quite Sensibly

Reply Introduces the Latest Release of MLFRAME Reply

Price target increased by 7.9% to €134

Upcoming dividend of €1.00 per share

Reply S.P.A. Approves the Dividend, Payable on 22 May 2024

What Reply S.p.A.'s (BIT:REY) P/E Is Not Telling You

Dividend of €1.00 announced

Reply S.p.A. (BIT:REY) Analysts Are Pretty Bullish On The Stock After Recent Results

Full year 2023 earnings released

Reply S.P.A. Proposes Dividend Distribution, Payable on May 22, 2024

Reply S.p.A.'s (BIT:REY) Intrinsic Value Is Potentially 24% Below Its Share Price

Concept Reply Expands the Capabilities of its Test Automation Framework to Include the Validation of Electric Vehicle Charging Systems

Investors Shouldn't Overlook The Favourable Returns On Capital At Reply (BIT:REY)

Reply S.p.A. to Report First Half, 2024 Results on Aug 02, 2024

Reply Revolutionises the Configuration Experience With "AI Product Discovery": A Product Configurator Harnessing the Potential of AI and Real-time 3D

Risks To Shareholder Returns Are Elevated At These Prices For Reply S.p.A. (BIT:REY)

Reply Launches Accelerator 365, a New Offering for Microsoft 365 Modern Work Solutions

Why Reply S.p.A. (BIT:REY) Could Be Worth Watching

Reply Redefines Software Development Through Generative Artificial Intelligence with KICOD Reply

Reply Unveils MLFRAME Reply, a Generative AI Framework for Knowledge Development and Sharing

First half 2023 earnings released

Upcoming dividend of €1.00 per share at 1.0% yield

Full year 2022 earnings released

Reply S.p.A. Announces the Launch of Storm Reply to Strengthen AWS Partnership in North America

Reply S.p.A. to Report Q3, 2023 Results on Nov 14, 2023

Less than half of directors are independent

Investor sentiment improved over the past week

First half 2022 earnings: Revenues in line with analyst expectations

Price target decreased to €142

Investor sentiment deteriorated over the past week

Reply S.p.A. (BIT:REY) signed an agreement to acquire FINCON Unternehmensberatung GmbH.

Reply S.p.A. (BIT:REY) signed an agreement to acquire FINCON Unternehmensberatung GmbH.

Price target decreased to €159

Upcoming dividend of €0.80 per share

Investor sentiment deteriorated over the past week

Reply Implements a Quantum Inspired Algorithm

Less than half of directors are independent

Reply S.P.A. Approves Dividend, Payable on 25 May 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Reply S.p.A. (BIT:REY) acquired Enowa LLC and The Spur Group, Inc.

Price target increased to €174

First half 2021 earnings released

Price target increased to €132

Price target increased to €123

Reply Shapes the Future of Autonomous Mobile Robots with the Power of Microsoft Azure

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources