Dangote Cement Future Growth
Future criteria checks 5/6
Dangote Cement is forecast to grow earnings and revenue by 25.3% and 19.6% per annum respectively. EPS is expected to grow by 23.6% per annum. Return on equity is forecast to be 39% in 3 years.
Key information
25.3%
Earnings growth rate
23.6%
EPS growth rate
Basic Materials earnings growth | 22.4% |
Revenue growth rate | 19.6% |
Future return on equity | 39.0% |
Analyst coverage | Low |
Last updated | 16 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 4,444,471 | 1,076,138 | 887,373 | 1,179,168 | 3 |
12/31/2025 | 3,269,641 | 940,843 | 760,737 | 1,059,748 | 5 |
12/31/2024 | 3,403,480 | 782,007 | 375,826 | 633,429 | 3 |
12/31/2023 | 2,208,090 | 445,214 | 538,450 | 678,789 | N/A |
9/30/2023 | 1,955,668 | 437,312 | 415,327 | 546,143 | N/A |
6/30/2023 | 1,761,118 | 383,969 | 378,774 | 448,131 | N/A |
3/31/2023 | 1,611,864 | 380,234 | 232,923 | 290,405 | N/A |
12/31/2022 | 1,618,323 | 375,988 | 312,915 | 387,835 | N/A |
9/30/2022 | 1,538,707 | 294,595 | 347,017 | 449,618 | N/A |
6/30/2022 | 1,501,129 | 341,076 | 449,881 | 590,239 | N/A |
3/31/2022 | 1,464,167 | 375,466 | 457,448 | 623,788 | N/A |
12/31/2021 | 1,383,637 | 361,008 | 437,353 | 596,709 | N/A |
9/30/2021 | 1,294,938 | 342,229 | 360,123 | 584,387 | N/A |
6/30/2021 | 1,247,889 | 338,734 | 354,869 | 558,688 | N/A |
3/31/2021 | 1,117,665 | 303,673 | 392,868 | 572,003 | N/A |
12/31/2020 | 1,034,196 | 275,080 | 300,964 | 511,885 | N/A |
9/30/2020 | 973,324 | 254,605 | 358,764 | 508,291 | N/A |
6/30/2020 | 900,793 | 208,335 | 296,461 | 467,544 | N/A |
3/31/2020 | 900,696 | 201,985 | 209,190 | 397,611 | N/A |
12/31/2019 | 891,671 | 200,935 | 248,853 | 426,115 | N/A |
9/30/2019 | 895,714 | 386,380 | 230,245 | 399,964 | N/A |
6/30/2019 | 886,504 | 395,956 | 215,074 | 392,388 | N/A |
3/31/2019 | 899,254 | 377,730 | 224,908 | 392,925 | N/A |
12/31/2018 | 901,213 | 388,983 | 243,507 | 375,348 | N/A |
9/30/2018 | 887,297 | 202,676 | 252,196 | 364,920 | N/A |
6/30/2018 | 875,345 | 201,330 | 302,207 | 396,860 | N/A |
3/31/2018 | 839,532 | 212,386 | 288,855 | 383,286 | N/A |
12/31/2017 | 805,582 | 198,585 | 235,783 | 345,375 | N/A |
9/30/2017 | 776,586 | 164,652 | N/A | 373,383 | N/A |
6/30/2017 | 735,588 | 153,068 | N/A | 302,553 | N/A |
3/31/2017 | 682,748 | 154,098 | N/A | 289,809 | N/A |
12/31/2016 | 615,103 | 149,536 | N/A | 278,594 | N/A |
9/30/2016 | 568,367 | 156,423 | N/A | 226,779 | N/A |
6/30/2016 | 541,701 | 168,154 | N/A | 240,480 | N/A |
3/31/2016 | 517,508 | 168,559 | N/A | 294,548 | N/A |
12/31/2015 | 491,725 | 184,994 | N/A | 299,517 | N/A |
9/30/2015 | 446,875 | 186,921 | N/A | 271,204 | N/A |
6/30/2015 | 424,945 | 187,698 | N/A | 249,758 | N/A |
3/31/2015 | 402,808 | 182,434 | N/A | 231,919 | N/A |
12/31/2014 | 391,639 | 160,578 | N/A | 215,348 | N/A |
9/30/2014 | 407,407 | 186,113 | N/A | 253,313 | N/A |
6/30/2014 | 396,623 | 190,019 | N/A | 285,280 | N/A |
3/31/2014 | 394,318 | 195,900 | N/A | 276,683 | N/A |
12/31/2013 | 386,177 | 201,912 | N/A | 281,738 | N/A |
9/30/2013 | 362,946 | 194,525 | N/A | 242,568 | N/A |
6/30/2013 | 354,908 | 181,435 | N/A | 210,755 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DANGCEM's forecast earnings growth (25.3% per year) is above the savings rate (12.3%).
Earnings vs Market: DANGCEM's earnings (25.3% per year) are forecast to grow faster than the NG market (23.4% per year).
High Growth Earnings: DANGCEM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DANGCEM's revenue (19.6% per year) is forecast to grow faster than the NG market (19% per year).
High Growth Revenue: DANGCEM's revenue (19.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DANGCEM's Return on Equity is forecast to be high in 3 years time (39%)