Stock Analysis
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Summerset Group Holdings Full Year 2023 Earnings: EPS Beats Expectations
Summerset Group Holdings (NZSE:SUM) Full Year 2023 Results
Key Financial Results
- Revenue: NZ$270.5m (up 14% from FY 2022).
- Net income: NZ$436.3m (up 62% from FY 2022).
- EPS: NZ$1.87 (up from NZ$1.17 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Summerset Group Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 128%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Healthcare industry in New Zealand.
Performance of the New Zealander Healthcare industry.
The company's shares are up 1.7% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Summerset Group Holdings you should be aware of, and 2 of them make us uncomfortable.
Valuation is complex, but we're helping make it simple.
Find out whether Summerset Group Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NZSE:SUM
Summerset Group Holdings
Develops, owns, and operates integrated retirement villages in New Zealand and Australia.
Undervalued with acceptable track record.