Shelf Drilling (North Sea) Future Growth
Future criteria checks 6/6
Shelf Drilling (North Sea) is forecast to grow earnings and revenue by 91.9% and 28.4% per annum respectively. EPS is expected to grow by 91.9% per annum. Return on equity is forecast to be 20.7% in 3 years.
Key information
91.9%
Earnings growth rate
91.9%
EPS growth rate
| Energy Services earnings growth | 30.0% |
| Revenue growth rate | 28.4% |
| Future return on equity | 20.7% |
| Analyst coverage | Low |
| Last updated | 27 May 2024 |
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 266 | 42 | 45 | 65 | 1 |
| 12/31/2025 | 254 | 34 | 35 | 55 | 1 |
| 12/31/2024 | 173 | -33 | -59 | -19 | 1 |
| 3/31/2024 | 114 | -42 | -45 | -36 | N/A |
| 12/31/2023 | 110 | -24 | -21 | -9 | N/A |
| 9/30/2023 | 116 | -2 | -347 | -1 | N/A |
| 6/30/2023 | 89 | 4 | -340 | 3 | N/A |
| 3/31/2023 | 64 | 8 | -347 | 14 | N/A |
| 12/31/2022 | 37 | 9 | -376 | 0 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SDNS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: SDNS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SDNS is expected to become profitable in the next 3 years.
Revenue vs Market: SDNS's revenue (28.4% per year) is forecast to grow faster than the Norwegian market (0.9% per year).
High Growth Revenue: SDNS's revenue (28.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SDNS's Return on Equity is forecast to be high in 3 years time (20.7%)