Northern Ocean Future Growth
Future criteria checks 4/6
Northern Ocean is forecast to grow earnings and revenue by 96.3% and 11.2% per annum respectively. EPS is expected to grow by 97% per annum. Return on equity is forecast to be 10.4% in 3 years.
Key information
96.3%
Earnings growth rate
97.0%
EPS growth rate
| Energy Services earnings growth | 30.8% |
| Revenue growth rate | 11.2% |
| Future return on equity | 10.4% |
| Analyst coverage | Low |
| Last updated | 25 Apr 2024 |
Recent future growth updates
Recent updates
Take Care Before Jumping Onto Northern Ocean Ltd. (OB:NOL) Even Though It's 28% Cheaper
Feb 03
Not Many Are Piling Into Northern Ocean Ltd. (OB:NOL) Stock Yet As It Plummets 26%
Dec 13Health Check: How Prudently Does Northern Ocean (OB:NOL) Use Debt?
Sep 01Loss-Making Northern Ocean Ltd. (OB:NOL) Set To Breakeven
May 11Health Check: How Prudently Does Northern Ocean (OB:NOL) Use Debt?
Mar 01Analysts Expect Northern Ocean Ltd. (OB:NOL) To Breakeven Soon
Jan 29How Much Did Northern Ocean's(OB:NOL) Shareholders Earn From Share Price Movements Over The Last Year?
Dec 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 303 | 51 | 83 | 95 | 2 |
| 12/31/2025 | 295 | 40 | 58 | 79 | 2 |
| 12/31/2024 | 256 | -14 | -3 | 47 | 1 |
| 12/31/2023 | 217 | -71 | -80 | -31 | N/A |
| 9/30/2023 | 151 | -75 | -132 | -85 | N/A |
| 6/30/2023 | 77 | -84 | -101 | -66 | N/A |
| 3/31/2023 | 43 | -95 | -98 | -90 | N/A |
| 12/31/2022 | 22 | -93 | -57 | -53 | N/A |
| 9/30/2022 | 29 | -19 | -35 | -34 | N/A |
| 6/30/2022 | 32 | -18 | -27 | -27 | N/A |
| 3/31/2022 | 43 | -14 | -18 | -20 | N/A |
| 12/31/2021 | 58 | -11 | -22 | -22 | N/A |
| 9/30/2021 | 67 | -70 | -31 | 3 | N/A |
| 6/30/2021 | 84 | -52 | -42 | -6 | N/A |
| 3/31/2021 | 96 | -33 | -39 | 2 | N/A |
| 12/31/2020 | 87 | -37 | -27 | 14 | N/A |
| 9/30/2020 | 72 | -36 | -58 | -25 | N/A |
| 6/30/2020 | 52 | -28 | -34 | -7 | N/A |
| 12/31/2019 | 12 | -8 | -246 | -15 | N/A |
| 9/30/2019 | N/A | -2 | -389 | -1 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: NOL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NOL is expected to become profitable in the next 3 years.
Revenue vs Market: NOL's revenue (11.2% per year) is forecast to grow faster than the Norwegian market (1.6% per year).
High Growth Revenue: NOL's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOL's Return on Equity is forecast to be low in 3 years time (10.4%).