Goodtech Future Growth

Future criteria checks 3/6

Goodtech is forecast to grow earnings and revenue by 13.9% and 3.6% per annum respectively. EPS is expected to grow by 12.8% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

13.9%

Earnings growth rate

12.8%

EPS growth rate

Machinery earnings growth	34.1%
Revenue growth rate	3.6%
Future return on equity	12.9%
Analyst coverage	Low
Last updated	30 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

OB:GOD - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	853	13	25	51	1
12/31/2025	825	12	29	61	1
12/31/2024	808	-2	18	-55	1
9/30/2024	795	29	32	41	N/A
6/30/2024	862	33	51	62	N/A
3/31/2024	884	33	21	32	N/A
12/31/2023	833	29	68	81	N/A
9/30/2023	747	1	20	41	N/A
6/30/2023	644	2	-15	8	N/A
3/31/2023	557	1	-26	-9	N/A
12/31/2022	515	-1	13	31	N/A
9/30/2022	439	3	15	25	N/A
6/30/2022	436	-2	26	34	N/A
3/31/2022	449	-5	16	29	N/A
12/31/2021	456	-10	-8	2	N/A
9/30/2021	525	-10	-28	-21	N/A
6/30/2021	534	-6	-21	-17	N/A
3/31/2021	537	-3	18	20	N/A
12/31/2020	516	-2	10	11	N/A
9/30/2020	496	-8	31	33	N/A
6/30/2020	483	-10	30	32	N/A
3/31/2020	451	-8	-29	9	N/A
12/31/2019	449	-2	-21	18	N/A
9/30/2019	438	-1	-43	-4	N/A
6/30/2019	439	6	-29	9	N/A
3/31/2019	449	4	25	27	N/A
12/31/2018	444	-3	-6	-4	N/A
9/30/2018	553	-8	20	21	N/A
6/30/2018	593	-13	N/A	-6	N/A
3/31/2018	621	-15	N/A	-35	N/A
12/31/2017	689	-15	N/A	0	N/A
9/30/2017	639	-47	N/A	-6	N/A
6/30/2017	649	-48	N/A	21	N/A
3/31/2017	711	-54	N/A	6	N/A
12/31/2016	704	-62	N/A	-3	N/A
9/30/2016	706	-95	N/A	31	N/A
6/30/2016	709	-100	N/A	-19	N/A
3/31/2016	691	-87	N/A	-59	N/A
12/31/2015	698	-74	N/A	4	N/A
9/30/2015	657	6	N/A	4	N/A
6/30/2015	658	13	N/A	67	N/A
3/31/2015	260	-8	N/A	115	N/A
12/31/2014	639	-13	N/A	60	N/A
9/30/2014	1,126	-11	N/A	43	N/A
6/30/2014	1,562	0	N/A	0	N/A
3/31/2014	2,417	30	N/A	-17	N/A
12/31/2013	2,434	41	N/A	-9	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOD's forecast earnings growth (13.9% per year) is above the savings rate (2.4%).

Earnings vs Market: GOD's earnings (13.9% per year) are forecast to grow faster than the Norwegian market (9.3% per year).

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

Revenue vs Market: GOD's revenue (3.6% per year) is forecast to grow faster than the Norwegian market (2.2% per year).

High Growth Revenue: GOD's revenue (3.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GOD's Return on Equity is forecast to be low in 3 years time (12.9%).

Goodtech Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 56%

Consensus EPS estimates fall by 19%

Price target increased by 14% to kr16.00

Consensus EPS estimates fall by 70%, revenue upgraded

Consensus EPS estimates increase by 360%

Consensus revenue estimates increase by 14%, EPS downgraded

Recent updates

Goodtech ASA's (OB:GOD) 26% Dip In Price Shows Sentiment Is Matching Revenues

Impressive Earnings May Not Tell The Whole Story For Goodtech (OB:GOD)

Third quarter 2024 earnings released: kr0.16 loss per share (vs kr0.007 loss in 3Q 2023)

Is Now The Time To Put Goodtech (OB:GOD) On Your Watchlist?

Consensus EPS estimates fall by 56%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Goodtech ASA to Report Q3, 2024 Results on Oct 25, 2024

Consensus EPS estimates fall by 19%

Price target increased by 14% to kr16.00

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Returns On Capital Are Showing Encouraging Signs At Goodtech (OB:GOD)

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Here's Why Goodtech (OB:GOD) Can Manage Its Debt Responsibly

Goodtech ASA, Annual General Meeting, Apr 25, 2024

Consensus EPS estimates fall by 70%, revenue upgraded

Third quarter 2023 earnings released: kr0.01 loss per share (vs kr0.03 loss in 3Q 2022)

Consensus EPS estimates increase by 360%

New minor risk - Shareholder dilution

We Think Goodtech (OB:GOD) Is Taking Some Risk With Its Debt

Director recently bought kr141k worth of stock

Second quarter 2023 earnings released: EPS: kr0.07 (vs kr0.003 in 2Q 2022)

Consensus revenue estimates increase by 14%, EPS downgraded

Goodtech ASA (OB:GOD) agreed to acquire Business unit from Skala Prosessteknikk AS.

Consensus EPS estimates fall by 81%, revenue upgraded

Returns At Goodtech (OB:GOD) Are On The Way Up

Director recently bought kr500k worth of stock

Director recently bought kr306k worth of stock

Price target increased by 14% to kr12.50

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

The Return Trends At Goodtech (OB:GOD) Look Promising

Forecast breakeven date pushed back to 2023

Director recently bought kr240k worth of stock

Chairman of the Board recently bought kr79k worth of stock

No independent directors

Chairman of the Board recently bought kr79k worth of stock

Third quarter 2022 earnings released: kr0.03 loss per share (vs kr0.18 loss in 3Q 2021)

Price target decreased to kr11.00

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

BE Group AB (publ) (OM:BEGR) agreed to acquire Goodtech Solutions Manufacturing AB from Goodtech ASA (OB:GOD).

Price target increased to kr13.00

Goodtech (OB:GOD) Has Debt But No Earnings; Should You Worry?

Price target decreased to kr12.00

No independent directors

Forecast breakeven date pushed back to 2023

Director recently bought kr203k worth of stock

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

Price target decreased to kr13.00

Insider recently bought kr50k worth of stock

Third quarter 2021 earnings released

Third quarter 2021 earnings released

Director recently bought kr295k worth of stock

Goodtech ASA (OB:GOD) entered into an agreement to acquire Avanti Engineering AS for NOK 18.9 million.

Second quarter 2021 earnings released: kr0.06 loss per share (vs kr0.03 profit in 2Q 2020)

We Like These Underlying Return On Capital Trends At Goodtech (OB:GOD)

First quarter 2021 earnings released: kr0.04 loss per share (vs kr0.04 profit in 1Q 2020)

Goodtech ASA (OB:GOD) On The Verge Of Breaking Even

What Is Goodtech ASA's (OB:GOD) Share Price Doing?

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Full year 2020 earnings released: kr0.09 loss per share (vs kr0.072 loss in FY 2019)

New 90-day high: kr13.50

Insider recently bought kr771k worth of stock

Third quarter 2020 earnings released: EPS kr0.006

Insider recently bought kr922k worth of stock

An unknown buyer acquired 6.41% stake of Goodtech ASA (OB:GOD) from Fram Realinvest AS.

New 90-day high: kr9.35

New 90-day high - kr7.70

Insider recently bought kr913k worth of stock