NZX Future Growth

Future criteria checks 2/6

NZX is forecast to grow earnings and revenue by 12.7% and 5.5% per annum respectively. EPS is expected to grow by 10.8% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

12.7%

Earnings growth rate

10.8%

EPS growth rate

Capital Markets earnings growth	9.4%
Revenue growth rate	5.5%
Future return on equity	18.6%
Analyst coverage	Low
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

Should Shareholders Reconsider NZX Limited's (NZSE:NZX) CEO Compensation Package?

Apr 11

Don't Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks

Mar 06

NZX (NZSE:NZX) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

Mar 01

What Percentage Of NZX Limited (NZSE:NZX) Shares Do Insiders Own?

Feb 11

Who Has Been Buying NZX Limited (NZSE:NZX) Shares?

Jan 24

If You Like EPS Growth Then Check Out NZX (NZSE:NZX) Before It's Too Late

Jan 06

Are Dividend Investors Making A Mistake With NZX Limited (NZSE:NZX)?

Dec 19

Shareholders Of NZX (NZSE:NZX) Must Be Happy With Their 151% Total Return

Nov 30

Earnings and Revenue Growth Forecasts

NZSE:NZX - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	130	23	29	37	3
12/31/2025	123	19	13	35	3
12/31/2024	116	15	3	28	3
12/31/2023	108	14	22	34	N/A
9/30/2023	106	14	19	32	N/A
6/30/2023	104	14	-8	29	N/A
3/31/2023	100	14	-13	26	N/A
12/31/2022	96	14	8	23	N/A
9/30/2022	94	14	-4	24	N/A
6/30/2022	92	15	-15	25	N/A
3/31/2022	90	15	-2	26	N/A
12/31/2021	88	15	10	27	N/A
9/30/2021	85	16	13	28	N/A
6/30/2021	83	16	15	28	N/A
3/31/2021	80	17	18	30	N/A
12/31/2020	78	18	21	31	N/A
9/30/2020	77	17	21	31	N/A
6/30/2020	75	17	21	30	N/A
3/31/2020	72	16	19	28	N/A
12/31/2019	70	15	16	25	N/A
6/30/2019	67	13	10	20	N/A
3/31/2019	67	13	13	22	N/A
12/31/2018	67	14	16	25	N/A
6/30/2018	68	13	17	23	N/A
3/31/2018	67	14	17	24	N/A
12/31/2017	67	14	18	24	N/A
9/30/2017	70	14	N/A	23	N/A
6/30/2017	72	13	N/A	21	N/A
3/31/2017	75	11	N/A	17	N/A
12/31/2016	78	9	N/A	14	N/A
9/30/2016	77	9	N/A	15	N/A
6/30/2016	77	9	N/A	16	N/A
3/31/2016	75	17	N/A	17	N/A
12/31/2015	73	24	N/A	18	N/A
9/30/2015	71	24	N/A	19	N/A
6/30/2015	68	24	N/A	19	N/A
3/31/2015	67	19	N/A	18	N/A
12/31/2014	65	13	N/A	16	N/A
9/30/2014	64	13	N/A	18	N/A
6/30/2014	64	13	N/A	20	N/A
3/31/2014	63	12	N/A	23	N/A
12/31/2013	63	12	N/A	26	N/A
9/30/2013	61	13	N/A	23	N/A
6/30/2013	60	13	N/A	21	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NZX's forecast earnings growth (12.7% per year) is above the savings rate (2.7%).

Earnings vs Market: NZX's earnings (12.7% per year) are forecast to grow slower than the NZ market (17.7% per year).

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

Revenue vs Market: NZX's revenue (5.5% per year) is forecast to grow faster than the NZ market (5.4% per year).

High Growth Revenue: NZX'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: NZX's Return on Equity is forecast to be low in 3 years time (18.6%).

NZX Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 8.8% to NZ$1.30

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 18%, revenue upgraded

Consensus forecasts updated

Price target decreased to NZ$1.52

Consensus forecasts updated

Recent updates

Independent Director recently bought NZ$113k worth of stock

Should Shareholders Reconsider NZX Limited's (NZSE:NZX) CEO Compensation Package?

Independent Chair recently bought NZ$51k worth of stock

NZX (NZSE:NZX) Has Affirmed Its Dividend Of NZ$0.0365

Upcoming dividend of NZ$0.036 per share

Chief Financial & Corporate Officer recently bought NZ$81k worth of stock

NZX Limited to Report First Half, 2024 Results on Aug 23, 2024

NZX Limited, Annual General Meeting, Apr 18, 2024

NZX's (NZSE:NZX) Dividend Will Be NZ$0.0365

Final dividend of NZ$0.036 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Insider recently bought NZ$51k worth of stock

Price target decreased by 8.8% to NZ$1.30

Upcoming dividend of NZ$0.035 per share at 5.3% yield

Consensus EPS estimates increase by 11%

NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.03

First half 2023 earnings released: EPS: NZ$0.022 (vs NZ$0.025 in 1H 2022)

New minor risk - Financial position

NZX Limited Appoints Dame Paula Rebstock as Deputy Chair

Insider recently bought NZ$232k worth of stock

NZX Limited to Report First Half, 2023 Results on Aug 17, 2023

Consensus EPS estimates fall by 18%, revenue upgraded

Full year 2022 earnings released: EPS: NZ$0.046 (vs NZ$0.054 in FY 2021)

NZX Limited Announces Appointment of Rob Hamilton and Rachel Walsh as Independent Director

NZX Limited Appoints Rob Hamilton to Board

Upcoming dividend of NZ$0.035 per share

Consensus forecasts updated

NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353

First half 2022 earnings released: EPS: NZ$0.025 (vs NZ$0.027 in 1H 2021)

NZX Limited Announces interim dividend for the Year 2022, Payable on September 23, 2022

Insufficient new directors

Price target decreased to NZ$1.52

Consensus forecasts updated

Price target decreased to NZ$1.75

NZX Limited Appoints Peter Jessup as Director

Insufficient new directors

Insufficient new directors

Consensus forecasts updated

Full year 2021 earnings: EPS misses analyst expectations

NZX Limited Provides Earnings Guidance for the Year 2022

Upcoming dividend of NZ$0.035 per share

NZX's (NZSE:NZX) Dividend Will Be NZ$0.035

First half 2021 earnings released: EPS NZ$0.027 (vs NZ$0.033 in 1H 2020)

Price target increased to NZ$1.99

Is Now The Time To Put NZX (NZSE:NZX) On Your Watchlist?

Independent Director has left the company

Investors In NZX Limited (NZSE:NZX) Should Consider This, First

Price target decreased to NZ$1.72

NZX Limited, Annual General Meeting, Apr 08, 2021

Don't Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks

Upcoming Dividend of NZ$0.036 Per Share

NZX (NZSE:NZX) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

Full year 2020 earnings released

Revenue and earnings beat expectations

What Percentage Of NZX Limited (NZSE:NZX) Shares Do Insiders Own?

Chief Information Officer has left the company

Who Has Been Buying NZX Limited (NZSE:NZX) Shares?

New 90-day high: NZ$2.00

If You Like EPS Growth Then Check Out NZX (NZSE:NZX) Before It's Too Late

Are Dividend Investors Making A Mistake With NZX Limited (NZSE:NZX)?

New 90-day high: NZ$1.87

NZX Limited to Report Fiscal Year 2020 Results on Feb 17, 2021

Shareholders Of NZX (NZSE:NZX) Must Be Happy With Their 151% Total Return

New 90-day high: NZ$1.78

New 90-day high: NZ$1.70

SGX and NZX to Explore Global Dairy Derivatives Partnership

Upcoming Dividend of NZ$0.035 Per Share

New 90-day high - NZ$1.66

Price target raised to NZ$1.73