Belships Future Growth

Future criteria checks 4/6

Belships is forecast to grow earnings and revenue by 14.3% and 11.2% per annum respectively. EPS is expected to grow by 14.6% per annum. Return on equity is forecast to be 26.4% in 3 years.

Key information

14.3%

Earnings growth rate

14.6%

EPS growth rate

Shipping earnings growth	1.4%
Revenue growth rate	11.2%
Future return on equity	26.4%
Analyst coverage	Low
Last updated	03 May 2024

Recent future growth updates

Recent updates

Does Belships (OB:BELCO) Have A Healthy Balance Sheet?

Jun 12

Industry Analysts Just Upgraded Their Belships ASA (OB:BELCO) Revenue Forecasts By 23%

May 13

There's Been No Shortage Of Growth Recently For Belships' (OB:BELCO) Returns On Capital

Mar 23

Analysts Just Published A Bright New Outlook For Belships ASA's (OB:BELCO)

Feb 27

Earnings Beat: Belships ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 23

Time To Worry? Analysts Just Downgraded Their Belships ASA (OB:BELCO) Outlook

Feb 03

Returns On Capital Are Showing Encouraging Signs At Belships (OB:BELCO)

Dec 18

Belships (OB:BELCO) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 21

Earnings and Revenue Growth Forecasts

OB:BELCO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	600	99	127	147	2
12/31/2025	561	88	128	151	2
12/31/2024	492	68	114	128	2
12/31/2023	428	67	121	121	N/A
9/30/2023	476	80	105	140	N/A
6/30/2023	537	112	81	155	N/A
3/31/2023	614	123	79	155	N/A
12/31/2022	726	147	85	172	N/A
9/30/2022	800	169	43	166	N/A
6/30/2022	855	147	81	193	N/A
3/31/2022	802	136	77	179	N/A
12/31/2021	651	104	59	149	N/A
9/30/2021	482	54	74	110	N/A
6/30/2021	320	24	51	62	N/A
3/31/2021	208	-5	6	19	N/A
12/31/2020	165	-20	-2	14	N/A
9/30/2020	144	-17	31	19	N/A
6/30/2020	133	-12	-12	13	N/A
3/31/2020	134	2	-9	15	N/A
12/31/2019	131	3	-1	21	N/A
9/30/2019	122	16	-39	15	N/A
6/30/2019	117	19	-14	18	N/A
3/31/2019	109	20	-2	17	N/A
12/31/2018	98	18	-6	13	N/A
9/30/2018	166	16	-14	12	N/A
6/30/2018	146	14	2	9	N/A
3/31/2018	131	14	2	9	N/A
12/31/2017	117	15	1	8	N/A
9/30/2017	26	4	N/A	7	N/A
6/30/2017	26	3	N/A	6	N/A
3/31/2017	26	3	N/A	5	N/A
12/31/2016	25	-15	N/A	6	N/A
9/30/2016	25	-36	N/A	5	N/A
6/30/2016	24	-40	N/A	6	N/A
3/31/2016	23	-45	N/A	6	N/A
12/31/2015	22	-30	N/A	7	N/A
9/30/2015	22	-10	N/A	8	N/A
6/30/2015	21	-8	N/A	7	N/A
3/31/2015	21	-4	N/A	9	N/A
12/31/2014	22	-2	N/A	6	N/A
9/30/2014	23	-1	N/A	7	N/A
6/30/2014	25	-1	N/A	8	N/A
3/31/2014	26	0	N/A	7	N/A
12/31/2013	26	0	N/A	7	N/A
9/30/2013	25	-2	N/A	7	N/A
6/30/2013	24	1	N/A	5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BELCO's forecast earnings growth (14.3% per year) is above the savings rate (2.1%).

Earnings vs Market: BELCO's earnings (14.3% per year) are forecast to grow faster than the Norwegian market (13.1% per year).

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

Revenue vs Market: BELCO's revenue (11.2% per year) is forecast to grow faster than the Norwegian market (1.6% per year).

High Growth Revenue: BELCO'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: BELCO's Return on Equity is forecast to be high in 3 years time (26.4%)

Belships Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 17%

Consensus EPS estimates fall by 12%

Consensus revenue estimates increase by 14%, EPS downgraded

Consensus revenue estimates fall by 15%

Consensus revenue estimates fall by 13%

Consensus forecasts updated

Recent updates

An undisclosed buyer completed the acquisition of 50% stake in Lighthouse Navigation Pte. Ltd from Belships ASA (OB:BELCO).

Investor sentiment improves as stock rises 16%

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Belships ASA Announces Dividend

Full year 2023 earnings released: EPS: US$0.30 (vs US$0.58 in FY 2022)

Belships ASA, Annual General Meeting, May 08, 2024

Consensus revenue estimates decrease by 17%

Belships Asa Announces Cash Dividend, Payable on 22 November 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Belships ASA Announces Cash Dividend from the Previously Paid in Capital, Payable on September 5, 2023

New minor risk - Financial position

Belships ASA Announces Distribution of Dividend for 2022

Consensus EPS estimates fall by 12%

V.Group Ltd. acquired Belships Management (Singapore) Pte., Ltd.

Consensus revenue estimates increase by 14%, EPS downgraded

Chief Financial Officer recently bought kr550k worth of stock

Belships ASA Announces Cash Dividend, Payable on 30 May 2023

Belships ASA Announces Cash Dividend, Payable on 30 May 2023

Consensus revenue estimates fall by 15%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings released: EPS: US$0.69 (vs US$0.42 in FY 2021)

Belships ASA to Report Q1, 2023 Results on May 09, 2023

No independent directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Belships ASA Declares Cash Dividend, Payable on 5 December 2022

Consensus revenue estimates fall by 13%

Chief Financial Officer recently bought kr743k worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.09 in 2Q 2021)

Chief Financial Officer recently bought kr921k worth of stock

Belships ASA Declares Dividend for the Second Quarter of 2022, Payable on 7 September 2022

Belships ASA Declares Dividend for the Second Quarter of 2022

Does Belships (OB:BELCO) Have A Healthy Balance Sheet?

Belships ASA Announces Chief Financial Officer Changes

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Belships ASA Declares Extraordinary Dividend Payment

Industry Analysts Just Upgraded Their Belships ASA (OB:BELCO) Revenue Forecasts By 23%

Consensus revenue estimates increase by 24%

Belships ASA Announces Cash Dividend, Payable on May 31, 2022

No independent directors

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues exceed analyst expectations

There's Been No Shortage Of Growth Recently For Belships' (OB:BELCO) Returns On Capital

Consensus EPS estimates fall by 11%

Consensus revenue estimates fall by 16%

Consensus revenue estimates increase by 23%

Chief Financial Officer recently bought kr348k worth of stock

Analysts Just Published A Bright New Outlook For Belships ASA's (OB:BELCO)

Earnings Beat: Belships ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Belships Asa Announces Cash Dividend, Payable 10 March 2022

Consensus revenue estimates increase by 11%

Time To Worry? Analysts Just Downgraded Their Belships ASA (OB:BELCO) Outlook

Consensus forecasts updated

Returns On Capital Are Showing Encouraging Signs At Belships (OB:BELCO)

Chief Executive Officer recently bought kr325k worth of stock

Chief Executive Officer recently bought kr171k worth of stock

Belships (OB:BELCO) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Third quarter 2021 earnings released: EPS US$0.14 (vs US$0.02 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.09 (vs US$0.07 loss in 2Q 2020)

Insider recently bought kr324k worth of stock

Full year 2020 earnings released: US$0.089 loss per share (vs US$0.018 profit in FY 2019)

Chairman of the Board recently sold kr700k worth of stock

Belships ASA has completed a Follow-on Equity Offering in the amount of NOK 140 million.

New 90-day high: kr6.85

Revenue beats expectations, earnings disappoint

Full year 2020 earnings released: US$0.087 loss per share (vs US$0.018 profit in FY 2019)

New 90-day high: kr6.30