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PGS Future Growth

Future criteria checks 4/6

PGS is forecast to grow earnings and revenue by 36.1% and 5.5% per annum respectively. EPS is expected to grow by 35.1% per annum. Return on equity is forecast to be 19.1% in 3 years.

Key information

36.1%

Earnings growth rate

35.1%

EPS growth rate

Energy Services earnings growth31.3%
Revenue growth rate5.5%
Future return on equity19.1%
Analyst coverage

Low

Last updated01 Jul 2024

Recent future growth updates

Recent updates

We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

May 21
We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

Is PGS (OB:PGS) Using Too Much Debt?

Nov 02
Is PGS (OB:PGS) Using Too Much Debt?

An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued

Aug 07
An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued

Does PGS (OB:PGS) Have A Healthy Balance Sheet?

Jul 11
Does PGS (OB:PGS) Have A Healthy Balance Sheet?

Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive

Jun 20
Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive

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

Mar 10
Here's Why PGS (OB:PGS) Can Manage Its Debt Responsibly

Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load

Oct 17
Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load

These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively

Oct 22
These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively

Is PGS (OB:PGS) A Risky Investment?

Jun 30
Is PGS (OB:PGS) A Risky Investment?

Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now

Apr 14
Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now

Earnings and Revenue Growth Forecasts

OB:PGS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20269551271524493
12/31/2025910741384225
12/31/2024930581234345
3/31/202479642165461N/A
12/31/2023722-14182467N/A
9/30/2023673-80182438N/A
6/30/2023714-70277498N/A
3/31/2023832-42259442N/A
12/31/2022825-33207371N/A
9/30/2022813-81163327N/A
6/30/2022756-145104264N/A
3/31/2022668-189143301N/A
12/31/2021698-179154327N/A
9/30/2021662-186160342N/A
6/30/2021606-15898293N/A
3/31/2021510-24343279N/A
12/31/2020473-321103367N/A
9/30/2020637-250128404N/A
6/30/2020828-186170490N/A
3/31/2020930-124205531N/A
12/31/2019931-72152474N/A
9/30/2019868-106176497N/A
6/30/2019755-173139478N/A
3/31/2019802-113145492N/A
12/31/2018874-88101446N/A
9/30/2018840-25950413N/A
6/30/2018885-41459398N/A
3/31/2018885-45716325N/A
12/31/2017839-523N/A282N/A
9/30/2017757-485N/A263N/A
6/30/2017774-324N/A225N/A
3/31/2017716-343N/A218N/A
12/31/2016764-294N/A321N/A
9/30/2016840-472N/A377N/A
6/30/2016841-553N/A368N/A
3/31/2016914-565N/A409N/A
12/31/2015962-528N/A488N/A
9/30/20151,163-287N/A498N/A
6/30/20151,331-168N/A658N/A
3/31/20151,412-75N/A615N/A
12/31/20141,454-51N/A584N/A
9/30/20141,38373N/A665N/A
6/30/20141,355139N/A623N/A
3/31/20141,399180N/A855N/A
12/31/20131,502238N/A775N/A
9/30/20131,502248N/A728N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGS's forecast earnings growth (36.1% per year) is above the savings rate (2.1%).

Earnings vs Market: PGS's earnings (36.1% per year) are forecast to grow faster than the Norwegian market (11.2% per year).

High Growth Earnings: PGS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PGS's revenue (5.5% per year) is forecast to grow faster than the Norwegian market (0.9% per year).

High Growth Revenue: PGS's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PGS's Return on Equity is forecast to be low in 3 years time (19.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/01 14:05
End of Day Share Price 2024/07/01 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

PGS ASA is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Iver BaatvikABN AMRO Bank N.V.
Marzio FoaAlphaValue
Christian YggesethArctic Securities ASA