Magnora Future Growth

Future criteria checks 3/6

Magnora's earnings are forecast to decline at 15.9% per annum while its annual revenue is expected to grow at 31.5% per year. EPS is expected to decline by 15.4% per annum. Return on equity is forecast to be 44.9% in 3 years.

Key information

-15.9%

Earnings growth rate

-15.4%

EPS growth rate

Renewable Energy earnings growth	-26.5%
Revenue growth rate	31.5%
Future return on equity	44.9%
Analyst coverage	Low
Last updated	13 Nov 2024

Recent future growth updates

Recent updates

We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings

Oct 24

Concerns Surrounding Magnora's (OB:MGN) Performance

Apr 24

A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)

Sep 03

Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts

Aug 13

Does Magnora (OB:MGN) Have A Healthy Balance Sheet?

Aug 20

Earnings and Revenue Growth Forecasts

OB:MGN - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	348	273	218	253	3
12/31/2025	285	193	217	252	3
12/31/2024	397	432	65	-90	3
9/30/2024	14	289	-68	-68	N/A
6/30/2024	14	33	-52	-52	N/A
3/31/2024	29	179	-63	-62	N/A
12/31/2023	25	193	-2	3	N/A
9/30/2023	92	256	-25	-16	N/A
6/30/2023	96	259	-34	-24	N/A
3/31/2023	99	38	-28	-15	N/A
12/31/2022	92	13	-76	-68	N/A
9/30/2022	16	-71	-59	-55	N/A
6/30/2022	17	-71	-51	-47	N/A
3/31/2022	14	-73	-30	-30	N/A
12/31/2021	15	-63	-24	-24	N/A
9/30/2021	18	-27	-8	-8	N/A
6/30/2021	22	-4	9	9	N/A
3/31/2021	25	18	14	14	N/A
12/31/2020	28	29	30	30	N/A
9/30/2020	31	27	35	35	N/A
6/30/2020	33	25	33	33	N/A
3/31/2020	37	15	35	35	N/A
12/31/2019	42	20	26	26	N/A
9/30/2019	47	73	4	4	N/A
6/30/2019	51	70	16	16	N/A
3/31/2019	56	73	14	14	N/A
12/31/2018	70	87	21	21	N/A
9/30/2018	60	27	18	18	N/A
6/30/2018	46	3	N/A	23	N/A
3/31/2018	19	40	N/A	65	N/A
12/31/2017	3	6	N/A	4	N/A
9/30/2017	18	-1	N/A	17	N/A
6/30/2017	40	17	N/A	-51	N/A
3/31/2017	86	-151	N/A	-189	N/A
12/31/2016	117	-241	N/A	-116	N/A
9/30/2016	-97	-268	N/A	-135	N/A
6/30/2016	55	-349	N/A	-106	N/A
3/31/2016	149	-545	N/A	20	N/A
12/31/2015	250	-514	N/A	-4	N/A
9/30/2015	666	-580	N/A	-20	N/A
6/30/2015	640	-447	N/A	-49	N/A
3/31/2015	751	-131	N/A	-52	N/A
12/31/2014	766	-70	N/A	-79	N/A
9/30/2014	697	35	N/A	-20	N/A
6/30/2014	671	53	N/A	-2	N/A
3/31/2014	645	195	N/A	-14	N/A
12/31/2013	623	186	N/A	-7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGN's earnings are forecast to decline over the next 3 years (-15.9% per year).

Earnings vs Market: MGN's earnings are forecast to decline over the next 3 years (-15.9% per year).

High Growth Earnings: MGN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MGN's revenue (31.5% per year) is forecast to grow faster than the Norwegian market (2.2% per year).

High Growth Revenue: MGN's revenue (31.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGN's Return on Equity is forecast to be very high in 3 years time (44.9%).

Magnora Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 11%

Consensus revenue estimates increase by 15%

Consensus revenue estimates fall by 15%

Consensus revenue estimates fall by 61%

Consensus revenue estimates fall by 14%

Consensus revenue estimates increase by 33%

Recent updates

Consensus revenue estimates fall by 11%

Magnora ASA, Annual General Meeting, Apr 29, 2025

Magnora ASA to Report Q1, 2025 Results on Apr 25, 2025

Consensus revenue estimates increase by 15%

We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings

Magnora Asa Announces Dividend, Payable on October 23, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

Consensus revenue estimates fall by 15%

Magnora ASA (OB:MGN) commences an Equity Buyback Plan for 6,575,183 shares, representing 10% of its issued share capital, under the authorization approved on April 23, 2024.

Executive Chairman recently bought kr242k worth of stock

Investor sentiment deteriorates as stock falls 17%

New minor risk - Share price stability

Upcoming dividend of kr4.19 per share

New major risk - Revenue and earnings growth

Second quarter dividend of kr4.19 announced

Second quarter 2024 earnings: Revenues miss analyst expectations

SunMind SAS completed the acquisition of Helios Nordic Energy AB from Magnora ASA (OB:MGN), management of Helios Nordic Energy AB and a few minority investors.

No independent directors

Vinci SA (ENXTPA:DG) signed an agreement to acquire 40% stake in Helios Nordic Energy AB from Magnora ASA (OB:MGN) for NOK 850 million.

Vinci SA (ENXTPA:DG) signed an agreement to acquire 40% stake in Helios Nordic Energy AB from Magnora ASA (OB:MGN) for NOK 850 million.

Concerns Surrounding Magnora's (OB:MGN) Performance

Consensus revenue estimates fall by 61%

No independent directors

Magnora ASA Separates Its Legacy Business from Its Renewables Business

Consensus revenue estimates fall by 14%

Magnora Asa Authorizes Quarterly Cash Distribution, Payable on 2 November 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Magnora ASA, Annual General Meeting, Apr 23, 2024

A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)

Executive Chairman recently bought kr1.1m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: Revenues miss analyst expectations

Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts

Consensus revenue estimates increase by 33%

Magnora ASA (OB:MGN) commences an Equity Buyback for 6,682,268 shares, representing 10% of its issued share capital, under the authorization approved on April 25, 2023.

Magnora ASA Launches Capital Distribution Program

Consensus revenue estimates fall by 46%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Solar, Inc. (NasdaqGS:FSLR) acquired Evolar AB from Magnora ASA (OB:MGN) for $38 million.

Full year 2022 earnings released: EPS: kr0.21 (vs kr1.11 loss in FY 2021)

Consensus revenue estimates decrease by 32%

Full year 2022 earnings released: EPS: kr0.058 (vs kr1.11 loss in FY 2021)

Magnora ASA to Report Q4, 2023 Results on Feb 13, 2024

Magnora ASA, Annual General Meeting, Apr 25, 2023

No independent directors

Third quarter 2022 earnings released

Magnora ASA announced that it expects to receive NOK 200 million in funding

Does Magnora (OB:MGN) Have A Healthy Balance Sheet?

Second quarter 2022 earnings: Revenues exceed analyst expectations

Chief Financial Officer recently bought kr432k worth of stock

First quarter 2022 earnings: EPS and revenues miss analyst expectations

No independent directors

Magnora ASA (OB:MGN) acquired additional 13.5% minority stake in Evolar AB.

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Magnora ASA (OB:MGN) acquired a 92% stake in African Green Ventures.

Insider recently bought kr495k worth of stock

Key Executive recently bought kr245k worth of stock

Magnora ASA (OB:MGN) acquired additional 9.3% stake in Evolar AB.

Insider recently bought kr50k worth of stock

Third quarter 2021 earnings released

Executive Chairman recently bought kr2.9m worth of stock

Director recently bought kr76k worth of stock

Magnora ASA (OB:MGN) acquired additional 15% stake in Helios Nordic Energy AB.

Insider recently bought kr202k worth of stock

Second quarter 2021 earnings released: kr0.17 loss per share (vs kr0.23 profit in 2Q 2020)

Magnora ASA (OSE: MGN) acquired an unknown minority stake in Kustvind AB.

Chief Executive Officer recently bought kr900k worth of stock

Investor sentiment deteriorated over the past week