a2 Milk Future Growth
Future criteria checks 2/6
a2 Milk is forecast to grow earnings and revenue by 13.2% and 6.3% per annum respectively. EPS is expected to grow by 16.4% per annum. Return on equity is forecast to be 14.2% in 3 years.
Key information
12.8%
Earnings growth rate
16.4%
EPS growth rate
| Food earnings growth | 18.9% |
| Revenue growth rate | 6.6% |
| Future return on equity | 14.1% |
| Analyst coverage | Good |
| Last updated | 22 Nov 2024 |
Recent future growth updates
Recent updates
Shareholders Will Probably Hold Off On Increasing The a2 Milk Company Limited's (NZSE:ATM) CEO Compensation For The Time Being
Nov 15
Some Confidence Is Lacking In The a2 Milk Company Limited (NZSE:ATM) As Shares Slide 26%
Nov 12Is a2 Milk (NZSE:ATM) Using Too Much Debt?
Nov 07Be Wary Of a2 Milk (NZSE:ATM) And Its Returns On Capital
Oct 20The a2 Milk Company Limited's (NZSE:ATM) Share Price Not Quite Adding Up
Sep 14Why a2 Milk's (NZSE:ATM) Earnings Are Better Than They Seem
Aug 26Here's What Analysts Are Forecasting For The a2 Milk Company Limited (NZSE:ATM) After Its Full-Year Results
Aug 21Does a2 Milk (NZSE:ATM) Have A Healthy Balance Sheet?
Jun 28Some Shareholders Feeling Restless Over The a2 Milk Company Limited's (NZSE:ATM) P/E Ratio
Jun 12a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Apr 16Is a2 Milk (NZSE:ATM) Using Too Much Debt?
Mar 09The a2 Milk Company Limited's (NZSE:ATM) 28% Share Price Surge Not Quite Adding Up
Feb 07Some Confidence Is Lacking In The a2 Milk Company Limited's (NZSE:ATM) P/E
Dec 22a2 Milk (NZSE:ATM) Could Easily Take On More Debt
Dec 01We Discuss Why The a2 Milk Company Limited's (NZSE:ATM) CEO Compensation May Be Closely Reviewed
Nov 09a2 Milk (NZSE:ATM) Will Want To Turn Around Its Return Trends
Oct 31Is a2 Milk (NZSE:ATM) A Risky Investment?
Aug 23a2 Milk (NZSE:ATM) Could Be Struggling To Allocate Capital
Jul 28a2 Milk (NZSE:ATM) Seems To Use Debt Rather Sparingly
May 24Returns On Capital At a2 Milk (NZSE:ATM) Paint A Concerning Picture
Apr 25Is The a2 Milk Company Limited (NZSE:ATM) Trading At A 47% Discount?
Apr 07A Look At The Intrinsic Value Of The a2 Milk Company Limited (NZSE:ATM)
Jan 05The Returns On Capital At a2 Milk (NZSE:ATM) Don't Inspire Confidence
Dec 21Does a2 Milk (NZSE:ATM) Have A Healthy Balance Sheet?
Sep 25Calculating The Fair Value Of The a2 Milk Company Limited (NZSE:ATM)
Sep 11a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Aug 29We Think a2 Milk (NZSE:ATM) Can Stay On Top Of Its Debt
Jun 21Capital Allocation Trends At a2 Milk (NZSE:ATM) Aren't Ideal
May 15Does a2 Milk (NZSE:ATM) Have A Healthy Balance Sheet?
Feb 27a2 Milk's (NZSE:ATM) Returns On Capital Not Reflecting Well On The Business
Feb 09a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Nov 05We Like a2 Milk's (NZSE:ATM) Returns And Here's How They're Trending
Jul 29The Consensus EPS Estimates For The a2 Milk Company Limited (NZSE:ATM) Just Fell Dramatically
May 16a2 Milk (NZSE:ATM) Could Become A Multi-Bagger
Apr 28Did The a2 Milk Company Limited (NZSE:ATM) Insiders Sell Shares?
Mar 17Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 2,033 | 243 | 249 | 270 | 13 |
| 6/30/2026 | 1,900 | 214 | 209 | 240 | 14 |
| 6/30/2025 | 1,772 | 181 | 147 | 173 | 14 |
| 6/30/2024 | 1,673 | 168 | 235 | 256 | N/A |
| 3/31/2024 | 1,647 | 167 | 197 | 216 | N/A |
| 12/31/2023 | 1,620 | 167 | 160 | 177 | N/A |
| 9/30/2023 | 1,606 | 161 | 130 | 144 | N/A |
| 6/30/2023 | 1,591 | 156 | 101 | 111 | N/A |
| 3/31/2023 | 1,579 | 146 | 97 | 107 | N/A |
| 12/31/2022 | 1,567 | 137 | 93 | 102 | N/A |
| 9/30/2022 | 1,505 | 130 | 146 | 153 | N/A |
| 6/30/2022 | 1,444 | 123 | 199 | 204 | N/A |
| 3/31/2022 | 1,315 | 71 | 197 | 200 | N/A |
| 12/31/2021 | 1,186 | 20 | 195 | 197 | N/A |
| 9/30/2021 | 1,196 | 50 | 139 | 143 | N/A |
| 6/30/2021 | 1,205 | 81 | 82 | 89 | N/A |
| 3/31/2021 | 1,404 | 200 | 163 | 174 | N/A |
| 12/31/2020 | 1,603 | 320 | 244 | 258 | N/A |
| 9/30/2020 | 1,667 | 354 | 332 | 343 | N/A |
| 6/30/2020 | 1,731 | 388 | 420 | 427 | N/A |
| 3/31/2020 | 1,613 | 358 | 377 | 382 | N/A |
| 12/31/2019 | 1,495 | 328 | 334 | 337 | N/A |
| 9/30/2019 | 1,398 | 311 | 310 | 313 | N/A |
| 6/30/2019 | 1,301 | 295 | 286 | 289 | N/A |
| 3/31/2019 | 1,200 | 273 | 254 | 258 | N/A |
| 12/31/2018 | 1,099 | 252 | 222 | 227 | N/A |
| 9/30/2018 | 1,011 | 224 | 224 | 229 | N/A |
| 6/30/2018 | 923 | 196 | 226 | 231 | N/A |
| 3/31/2018 | 825 | 173 | N/A | 205 | N/A |
| 12/31/2017 | 728 | 150 | N/A | 178 | N/A |
| 9/30/2017 | 639 | 120 | N/A | 139 | N/A |
| 6/30/2017 | 550 | 91 | N/A | 100 | N/A |
| 3/31/2017 | 510 | 75 | N/A | 85 | N/A |
| 12/31/2016 | 470 | 60 | N/A | 70 | N/A |
| 9/30/2016 | 411 | 45 | N/A | 46 | N/A |
| 6/30/2016 | 353 | 30 | N/A | 21 | N/A |
| 3/31/2016 | 286 | 19 | N/A | 4 | N/A |
| 12/31/2015 | 219 | 8 | N/A | -14 | N/A |
| 9/30/2015 | 187 | 3 | N/A | -11 | N/A |
| 6/30/2015 | 155 | -2 | N/A | -8 | N/A |
| 3/31/2015 | 143 | -1 | N/A | -5 | N/A |
| 12/31/2014 | 131 | -1 | N/A | -1 | N/A |
| 9/30/2014 | 121 | 0 | N/A | 0 | N/A |
| 6/30/2014 | 111 | 0 | N/A | 0 | N/A |
| 3/31/2014 | 108 | 2 | N/A | 1 | N/A |
| 12/31/2013 | 104 | 4 | N/A | 2 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATM's forecast earnings growth (13.2% per year) is above the savings rate (3%).
Earnings vs Market: ATM's earnings (13.2% per year) are forecast to grow slower than the NZ market (24.5% per year).
High Growth Earnings: ATM's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATM's revenue (6.3% per year) is forecast to grow faster than the NZ market (4.2% per year).
High Growth Revenue: ATM's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATM's Return on Equity is forecast to be low in 3 years time (14.2%).