Grieg Seafood Future Growth

Future criteria checks 4/6

Grieg Seafood is forecast to grow earnings and revenue by 23.8% and 9.7% per annum respectively. EPS is expected to grow by 23.9% per annum. Return on equity is forecast to be 13.6% in 3 years.

Key information

23.8%

Earnings growth rate

23.9%

EPS growth rate

Food earnings growth	26.9%
Revenue growth rate	9.7%
Future return on equity	13.6%
Analyst coverage	Good
Last updated	03 May 2024

Recent future growth updates

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Feb 25

Recent updates

Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Apr 26

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Feb 25

Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Jan 26

Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

Jan 09

We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Sep 20

Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Aug 03

Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Jun 21

Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

May 22

Grieg Seafood (OB:GSF) Has A Pretty Healthy Balance Sheet

Mar 16

Shareholders Will Be Pleased With The Quality of Grieg Seafood's (OB:GSF) Earnings

Feb 22

Here's What's Concerning About Grieg Seafood's (OB:GSF) Returns On Capital

Feb 16

Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet

Dec 01

A Look At The Fair Value Of Grieg Seafood ASA (OB:GSF)

Nov 15

Earnings and Revenue Growth Forecasts

OB:GSF - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,244	1,055	-128	1,452	2
12/31/2025	8,742	924	-119	1,430	3
12/31/2024	7,512	565	-503	872	3
12/31/2023	7,059	560	-1,094	-302	N/A
9/30/2023	6,772	75	-485	281	N/A
6/30/2023	7,328	-353	387	1,167	N/A
3/31/2023	7,306	889	596	1,320	N/A
12/31/2022	7,203	1,154	1,020	1,584	N/A
9/30/2022	7,076	1,348	3,560	4,088	N/A
6/30/2022	6,687	1,775	3,418	3,911	N/A
3/31/2022	5,454	1,192	2,923	3,471	N/A
12/31/2021	4,662	604	2,077	2,642	N/A
9/30/2021	4,285	345	-661	60	N/A
6/30/2021	3,871	143	-1,017	-116	N/A
3/31/2021	3,921	36	-1,162	-248	N/A
12/31/2020	4,413	-342	-746	173	N/A
9/30/2020	4,098	128	-228	444	N/A
6/30/2020	4,510	-91	240	705	N/A
3/31/2020	4,884	53	429	781	N/A
12/31/2019	4,779	574	712	997	N/A
9/30/2019	6,083	473	629	858	N/A
6/30/2019	6,342	967	681	961	N/A
3/31/2019	7,107	998	623	1,108	N/A
12/31/2018	7,557	973	242	806	N/A
9/30/2018	7,156	820	57	839	N/A
6/30/2018	7,422	782	-16	737	N/A
3/31/2018	7,134	860	-64	522	N/A
12/31/2017	7,038	571	156	709	N/A
9/30/2017	7,377	902	N/A	1,260	N/A
6/30/2017	7,079	891	N/A	973	N/A
3/31/2017	6,719	940	N/A	879	N/A
12/31/2016	6,564	1,186	N/A	953	N/A
9/30/2016	5,667	788	N/A	430	N/A
6/30/2016	5,357	622	N/A	478	N/A
3/31/2016	4,835	229	N/A	359	N/A
12/31/2015	4,592	-7	N/A	370	N/A
9/30/2015	4,404	56	N/A	194	N/A
6/30/2015	4,113	-19	N/A	202	N/A
3/31/2015	4,094	26	N/A	177	N/A
12/31/2014	4,094	139	N/A	157	N/A
9/30/2014	3,798	145	N/A	262	N/A
6/30/2014	3,416	266	N/A	212	N/A
3/31/2014	2,911	411	N/A	309	N/A
12/31/2013	2,404	431	N/A	317	N/A
9/30/2013	2,283	184	N/A	283	N/A
6/30/2013	2,133	19	N/A	167	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GSF's forecast earnings growth (23.8% per year) is above the savings rate (2.1%).

Earnings vs Market: GSF's earnings (23.8% per year) are forecast to grow faster than the Norwegian market (13.1% per year).

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

Revenue vs Market: GSF's revenue (9.7% per year) is forecast to grow faster than the Norwegian market (1.6% per year).

High Growth Revenue: GSF's revenue (9.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GSF's Return on Equity is forecast to be low in 3 years time (13.6%).

Grieg Seafood Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Price target decreased by 7.5% to kr69.40

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Price target decreased by 8.8% to kr70.20

Consensus EPS estimates increase by 18%, revenue downgraded

Consensus EPS estimates increase by 31%

Recent updates

Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Dividend reduced to kr1.75

Full year 2023 earnings: EPS exceeds analyst expectations

Grieg Seafood ASA Proposes Cash Dividend, Payable on June 27, 2024

Consensus EPS estimates fall by 12%

Price target decreased by 7.5% to kr69.40

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Price target decreased by 8.8% to kr70.20

Consensus EPS estimates increase by 18%, revenue downgraded

Consensus EPS estimates increase by 31%

Consensus EPS estimates increase by 12%

Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)

Consensus EPS estimates increase by 15%

Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?

Consensus EPS estimates increase by 31%

Price target decreased by 11% to kr77.36

Chief Executive Officer recently bought kr200k worth of stock

Now 25% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: kr1.32 (vs kr2.50 loss in 3Q 2022)

Grieg Seafood ASA to Report Q3, 2024 Results on Nov 07, 2024

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 27%

Grieg Seafood ASA Provides Production Guidance for the Third Quarter and Revises Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 11%

Price target decreased by 8.4% to kr91.80

Grieg Seafood ASA Approves Dividend, Payable on 6 July 2023

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Upcoming dividend of kr4.50 per share at 5.9% yield

Consensus EPS estimates increase by 31%

First quarter 2023 earnings: Revenues exceed analyst expectations

Grieg Seafood Asa Provides Production Guidance for the Second Quarter and Full Year 2023

Grieg Seafood ASA Proposes Dividend, Payable on 6 July 2023

Is Grieg Seafood (OB:GSF) A Risky Investment?

Price target increased by 7.3% to kr93.83

Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year

Price target decreased by 8.5% to kr89.95

Grieg Seafood ASA Provides Production Guidance for the First Quarter and Full Year 2023

Now 22% undervalued

Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively

Price target increased by 9.1% to kr96.00

Price target increased by 9.3% to kr91.83

Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

Grieg Seafood ASA to Report Q3, 2023 Results on Nov 14, 2023

Consensus EPS estimates fall by 25%

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Grieg Seafood ASA Provides Operating Guidance for the Fourth Quarter and Full Year of 2022 and for the Year 2023

Now 21% undervalued after recent price drop

Price target decreased to kr132

Investor sentiment deteriorated over the past week

We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Grieg Seafood ASA to Report Q4, 2022 Results on Feb 16, 2023

Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Chief Commercial Officer recently bought kr328k worth of stock

Price target increased to kr147

Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Upcoming dividend of kr3.00 per share

Grieg Seafood ASA Announces Industry Settlement in US Civil Anti-Trust Litigation

Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Grieg Seafood ASA Proposes Dividend, Payable on 17 June 2022

Consensus EPS estimates increase by 40%

Price target increased to kr143

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to kr137

Full year 2021 earnings: EPS exceeds analyst expectations