Briscoe Group Future Growth

Future criteria checks 2/6

Briscoe Group is forecast to grow earnings and revenue by 3.1% and 2.7% per annum respectively. EPS is expected to grow by 3% per annum. Return on equity is forecast to be 23.9% in 3 years.

Key information

3.1%

Earnings growth rate

3.0%

EPS growth rate

Specialty Retail earnings growth	8.0%
Revenue growth rate	2.7%
Future return on equity	23.9%
Analyst coverage	Low
Last updated	12 Sep 2024

Recent future growth updates

Recent updates

Briscoe Group (NZSE:BGP) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1882

Mar 19

Be Wary Of Briscoe Group (NZSE:BGP) And Its Returns On Capital

Jun 14

Briscoe Group (NZSE:BGP) Is Paying Out A Larger Dividend Than Last Year

Mar 22

Capital Allocation Trends At Briscoe Group (NZSE:BGP) Aren't Ideal

Feb 24

Briscoe Group (NZSE:BGP) Is Reinvesting At Lower Rates Of Return

Oct 22

Are Investors Undervaluing Briscoe Group Limited (NZSE:BGP) By 44%?

Jun 14

Capital Allocation Trends At Briscoe Group (NZSE:BGP) Aren't Ideal

May 21

Here's How We Evaluate Briscoe Group Limited's (NZSE:BGP) Dividend

Apr 17

Should You Be Adding Briscoe Group (NZSE:BGP) To Your Watchlist Today?

Mar 24

Are Investors Undervaluing Briscoe Group Limited (NZSE:BGP) By 41%?

Mar 14

Did You Participate In Any Of Briscoe Group's (NZSE:BGP) Fantastic 144% Return ?

Mar 02

Our Take On The Returns On Capital At Briscoe Group (NZSE:BGP)

Feb 18

Is Briscoe Group Limited's (NZSE:BGP) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 07

Have Insiders Been Buying Briscoe Group Limited (NZSE:BGP) Shares This Year?

Jan 28

Is Briscoe Group Limited (NZSE:BGP) An Attractive Dividend Stock?

Jan 17

Should You Use Briscoe Group's (NZSE:BGP) Statutory Earnings To Analyse It?

Jan 06

Here's What Briscoe Group Limited's (NZSE:BGP) Shareholder Ownership Structure Looks Like

Dec 26

Here's What We Learned About The CEO Pay At Briscoe Group Limited (NZSE:BGP)

Dec 13

Briscoe Group Limited (NZSE:BGP) Shares Could Be 47% Below Their Intrinsic Value Estimate

Dec 02

Briscoe Group (NZSE:BGP) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

Nov 22

Earnings and Revenue Growth Forecasts

NZSE:BGP - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	852	85	79	124	2
1/31/2026	814	88	72	120	3
1/31/2025	795	81	45	113	2
7/28/2024	795	75	89	128	N/A
4/28/2024	793	79	99	126	N/A
1/28/2024	792	84	108	123	N/A
10/28/2023	790	85	110	127	N/A
7/30/2023	787	86	111	130	N/A
4/29/2023	786	87	120	137	N/A
1/29/2023	786	88	128	144	N/A
10/29/2022	770	87	105	121	N/A
7/31/2022	754	86	82	98	N/A
4/30/2022	749	87	79	97	N/A
1/30/2022	744	88	77	96	N/A
10/30/2021	756	90	77	100	N/A
8/1/2021	768	93	77	103	N/A
5/1/2021	735	83	78	105	N/A
1/31/2021	702	73	79	107	N/A
10/31/2020	672	68	83	108	N/A
7/26/2020	642	62	88	108	N/A
4/26/2020	648	62	74	94	N/A
1/26/2020	653	63	60	80	N/A
10/26/2019	647	62	57	79	N/A
7/28/2019	642	62	54	78	N/A
4/28/2019	637	63	49	72	N/A
1/27/2019	632	63	44	66	N/A
10/27/2018	625	63	49	68	N/A
7/29/2018	617	62	55	71	N/A
4/29/2018	611	62	N/A	70	N/A
1/28/2018	605	61	N/A	70	N/A
10/28/2017	600	61	N/A	70	N/A
7/30/2017	596	61	N/A	71	N/A
4/29/2017	589	60	N/A	78	N/A
1/29/2017	583	59	N/A	86	N/A
10/29/2016	580	57	N/A	70	N/A
7/31/2016	577	54	N/A	54	N/A
4/30/2016	565	51	N/A	47	N/A
1/31/2016	553	47	N/A	40	N/A
10/31/2015	536	44	N/A	46	N/A
7/26/2015	520	41	N/A	52	N/A
4/26/2015	513	40	N/A	49	N/A
1/25/2015	507	39	N/A	45	N/A
10/25/2014	502	38	N/A	43	N/A
7/27/2014	498	37	N/A	41	N/A
4/27/2014	491	35	N/A	44	N/A
1/26/2014	484	34	N/A	46	N/A
10/26/2013	474	33	N/A	41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BGP's forecast earnings growth (3.1% per year) is above the savings rate (2.8%).

Earnings vs Market: BGP's earnings (3.1% per year) are forecast to grow slower than the NZ market (18% per year).

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

Revenue vs Market: BGP's revenue (2.7% per year) is forecast to grow slower than the NZ market (4.1% per year).

High Growth Revenue: BGP's revenue (2.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BGP's Return on Equity is forecast to be high in 3 years time (23.9%)

Briscoe Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 7.2% to NZ$5.28

Briscoe Group Limited Provides Earnings Guidance for the Full Year Ended 29 January 2023

Price target decreased to NZ$4.75

Consensus forecasts updated

Price target raised to NZ$4.13

Analysts update estimates

Recent updates

First half 2025 earnings released: EPS: NZ$0.15 (vs NZ$0.19 in 1H 2024)

Briscoe Group's (NZSE:BGP) Dividend Will Be NZ$0.1471

First half dividend of NZ$0.15 announced

Briscoe Group Australasia Limited Announces Ordinary Fully Paid Foreign Exempt Nzx Dividend for the Six Months Ended July 30, 2024, Payable on October 09, 2024

Price target increased by 7.2% to NZ$5.28

Briscoe Group Limited to Report First Half, 2025 Results on Sep 11, 2024

Briscoe Group Limited, Annual General Meeting, May 16, 2024

Briscoe Group's (NZSE:BGP) Soft Earnings Are Actually Better Than They Appear

Briscoe Group (NZSE:BGP) Will Pay A Larger Dividend Than Last Year At NZ$0.1941

Final dividend of NZ$0.19 announced

Full year 2024 earnings released: EPS: NZ$0.38 (vs NZ$0.40 in FY 2023)

Briscoe Group Limited to Report Fiscal Year 2024 Results on Mar 13, 2024

Insufficient new directors

Now 21% undervalued

New major risk - Revenue and earnings growth

Briscoe Group Australasia Limited Announces Ordinary Fully Paid Foreign Exempt NZX Dividend for the Six Months Ended July 30, 2023, Payable on October 11, 2023

First half 2024 earnings released: EPS: NZ$0.19 (vs NZ$0.20 in 1H 2023)

Briscoe Group Limited to Report First Half, 2024 Results on Sep 13, 2023

New major risk - Revenue and earnings growth

Briscoe Group (NZSE:BGP) Is Reinvesting At Lower Rates Of Return

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Briscoe Group (NZSE:BGP) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1882

Full year 2023 earnings released: EPS: NZ$0.40 (vs NZ$0.40 in FY 2022)

Briscoe Group Limited Provides Earnings Guidance for the Full Year Ended 29 January 2023

Price target decreased to NZ$4.75

Briscoe Group Australasia Limited Announces Ordinary Fully Paid Foreign Exempt NZX Dividend for the Six Months Ended July 31, 2022, Payable on October 12, 2022

Now 21% undervalued after recent price drop

First half 2023 earnings released: EPS: NZ$0.20 (vs NZ$0.21 in 1H 2022)

Briscoe Group Limited to Report First Half, 2023 Results on Sep 14, 2022

Be Wary Of Briscoe Group (NZSE:BGP) And Its Returns On Capital

Chief Financial Officer recently sold NZ$155k worth of stock

Briscoe Group Limited, Annual General Meeting, May 19, 2022

Briscoe Group (NZSE:BGP) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings: Revenues exceed analyst expectations

Capital Allocation Trends At Briscoe Group (NZSE:BGP) Aren't Ideal

Briscoe Group (NZSE:BGP) Is Reinvesting At Lower Rates Of Return

First half 2022 earnings released: EPS NZ$0.21 (vs NZ$0.13 in 1H 2021)

Consensus forecasts updated

Are Investors Undervaluing Briscoe Group Limited (NZSE:BGP) By 44%?

Capital Allocation Trends At Briscoe Group (NZSE:BGP) Aren't Ideal

Here's How We Evaluate Briscoe Group Limited's (NZSE:BGP) Dividend

Full year 2021 earnings released: EPS NZ$0.33 (vs NZ$0.28 in FY 2020)

Should You Be Adding Briscoe Group (NZSE:BGP) To Your Watchlist Today?

Full year 2021 earnings released: EPS NZ$0.33 (vs NZ$0.28 in FY 2020)

Briscoe Group Limited Announces Final Dividend, Payable on 31 March 2021

Are Investors Undervaluing Briscoe Group Limited (NZSE:BGP) By 41%?

Did You Participate In Any Of Briscoe Group's (NZSE:BGP) Fantastic 144% Return ?

New 90-day high: NZ$5.80

Our Take On The Returns On Capital At Briscoe Group (NZSE:BGP)

Is Briscoe Group Limited's (NZSE:BGP) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

New 90-day high: NZ$5.60

Have Insiders Been Buying Briscoe Group Limited (NZSE:BGP) Shares This Year?

New 90-day high: NZ$5.48

Is Briscoe Group Limited (NZSE:BGP) An Attractive Dividend Stock?

Should You Use Briscoe Group's (NZSE:BGP) Statutory Earnings To Analyse It?

Here's What Briscoe Group Limited's (NZSE:BGP) Shareholder Ownership Structure Looks Like

Investor sentiment improved over the past week

Briscoe Group Limited Appoints Mark Callaghan as an Independent Non-Executive Director

Upcoming Dividend of NZ$0.071 Per Share

Here's What We Learned About The CEO Pay At Briscoe Group Limited (NZSE:BGP)

Briscoe Group Limited to Report Fiscal Year 2021 Results on Mar 16, 2021

New 90-day high: NZ$4.49

Briscoe Group Limited (NZSE:BGP) Shares Could Be 47% Below Their Intrinsic Value Estimate

Briscoe Group (NZSE:BGP) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

New 90-day high: NZ$4.20

Price target raised to NZ$4.13

New 90-day high: NZ$4.19

Deputy Chairman & Group MD recently bought NZ$917k worth of stock