Freightways Group Future Growth

Future criteria checks 2/6

Freightways Group is forecast to grow earnings and revenue by 11.3% and 4.7% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

11.3%

Earnings growth rate

11.2%

EPS growth rate

Logistics earnings growth	15.4%
Revenue growth rate	4.7%
Future return on equity	20.3%
Analyst coverage	Low
Last updated	23 Feb 2024

Recent future growth updates

NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results

Feb 21

Recent updates

There's Reason For Concern Over Freightways Group Limited's (NZSE:FRW) Price

Apr 24

Freightways Group Limited's (NZSE:FRW) Intrinsic Value Is Potentially 34% Above Its Share Price

Apr 02

Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2118

Feb 23

NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results

Feb 21

Freightways Group (NZSE:FRW) Seems To Use Debt Quite Sensibly

Nov 07

It's Unlikely That Freightways Group Limited's (NZSE:FRW) CEO Will See A Huge Pay Rise This Year

Oct 19

Freightways Limited (NZSE:FRE) Shares Could Be 25% Above Their Intrinsic Value Estimate

Feb 03

There Are Reasons To Feel Uneasy About Freightways' (NZSE:FRE) Returns On Capital

Dec 20

Is There Now An Opportunity In Freightways Limited (NZSE:FRE)?

Nov 08

Why We Think Freightways Limited's (NZSE:FRE) CEO Compensation Is Not Excessive At All

Oct 20

With EPS Growth And More, Freightways (NZSE:FRE) Makes An Interesting Case

Sep 27

New Forecasts: Here's What Analysts Think The Future Holds For Freightways Limited (NZSE:FRE)

Aug 30

What Is Freightways Limited's (NZSE:FRE) Share Price Doing?

Aug 03

Calculating The Intrinsic Value Of Freightways Limited (NZSE:FRE)

Jul 06

Is Freightways (NZSE:FRE) A Risky Investment?

Jun 08

Capital Allocation Trends At Freightways (NZSE:FRE) Aren't Ideal

May 06

Should You Investigate Freightways Limited (NZSE:FRE) At NZ$11.80?

Mar 10

Freightways (NZSE:FRE) Is Increasing Its Dividend To NZ$0.21

Feb 23

A Look At The Fair Value Of Freightways Limited (NZSE:FRE)

Aug 29

When Should You Buy Freightways Limited (NZSE:FRE)?

Jul 05

Freightways (NZSE:FRE) Could Be Struggling To Allocate Capital

May 31

How Does Freightways Limited (NZSE:FRE) Fare As A Dividend Stock?

Apr 14

When Should You Buy Freightways Limited (NZSE:FRE)?

Mar 19

Freightways Limited (NZSE:FRE) Stock Goes Ex-Dividend In Just Four Days

Mar 06

Does Freightways (NZSE:FRE) Have A Healthy Balance Sheet?

Mar 05

Our Take On The Returns On Capital At Freightways (NZSE:FRE)

Feb 20

Freightways Limited's (NZSE:FRE) Stock Is Going Strong: Have Financials A Role To Play?

Feb 05

Shareholders Of Freightways (NZSE:FRE) Must Be Happy With Their 109% Total Return

Jan 21

Here's What Freightways Limited's (NZSE:FRE) Shareholder Ownership Structure Looks Like

Dec 27

Are Freightways's (NZSE:FRE) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 14

Is Now An Opportune Moment To Examine Freightways Limited (NZSE:FRE)?

Dec 01

Our Take On The Returns On Capital At Freightways (NZSE:FRE)

Nov 18

Is Freightways (NZSE:FRE) A Risky Investment?

Jun 22

Earnings and Revenue Growth Forecasts

NZSE:FRW - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	1,351	98	100	200	4
6/30/2025	1,277	84	91	181	4
6/30/2024	1,203	71	45	130	4
12/31/2023	1,190	71	103	134	N/A
9/30/2023	1,156	73	111	145	N/A
6/30/2023	1,122	75	119	156	N/A
3/31/2023	1,052	73	116	152	N/A
12/31/2022	983	72	113	148	N/A
9/30/2022	928	71	105	136	N/A
6/30/2022	873	70	97	124	N/A
3/31/2022	853	70	N/A	N/A	N/A
12/31/2021	832	70	98	114	N/A
9/30/2021	816	59	107	123	N/A
6/30/2021	801	48	117	133	N/A
3/31/2021	761	44	N/A	N/A	N/A
12/31/2020	722	40	146	166	N/A
9/30/2020	677	43	125	147	N/A
6/30/2020	631	47	104	127	N/A
3/31/2020	625	53	80	104	N/A
12/31/2019	620	59	57	80	N/A
9/30/2019	618	61	55	78	N/A
6/30/2019	616	63	53	76	N/A
3/31/2019	610	64	53	75	N/A
12/31/2018	604	64	53	73	N/A
9/30/2018	592	63	55	74	N/A
6/30/2018	581	62	57	76	N/A
3/31/2018	573	60	52	74	N/A
12/31/2017	565	58	46	72	N/A
9/30/2017	555	60	N/A	68	N/A
6/30/2017	545	61	N/A	65	N/A
3/31/2017	534	58	N/A	62	N/A
12/31/2016	523	56	N/A	58	N/A
9/30/2016	514	53	N/A	60	N/A
6/30/2016	505	50	N/A	62	N/A
3/31/2016	499	48	N/A	65	N/A
12/31/2015	493	45	N/A	67	N/A
9/30/2015	486	45	N/A	68	N/A
6/30/2015	479	44	N/A	68	N/A
3/31/2015	468	45	N/A	68	N/A
12/31/2014	456	46	N/A	68	N/A
9/30/2014	444	44	N/A	64	N/A
6/30/2014	432	42	N/A	60	N/A
3/31/2014	425	41	N/A	58	N/A
12/31/2013	418	41	N/A	56	N/A
9/30/2013	412	41	N/A	55	N/A
6/30/2013	406	40	N/A	53	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FRW's forecast earnings growth (11.3% per year) is above the savings rate (2.7%).

Earnings vs Market: FRW's earnings (11.3% per year) are forecast to grow slower than the NZ market (20.1% per year).

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

Revenue vs Market: FRW's revenue (4.7% per year) is forecast to grow slower than the NZ market (5% per year).

High Growth Revenue: FRW's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FRW's Return on Equity is forecast to be high in 3 years time (20.3%)

Freightways Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results

Price target decreased by 8.3% to NZ$9.19

Price target increased to NZ$11.91

Price target raised to NZ$10.76

Analysts lower EPS estimates to NZ$0.33

Price target raised to NZ$9.66

Recent updates

There's Reason For Concern Over Freightways Group Limited's (NZSE:FRW) Price

Freightways Group Limited's (NZSE:FRW) Intrinsic Value Is Potentially 34% Above Its Share Price

Upcoming dividend of NZ$0.21 per share

Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2118

First half dividend of NZ$0.21 announced

NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results

First half 2024 earnings released: EPS: NZ$0.23 (vs NZ$0.26 in 1H 2023)

Now 21% undervalued

Freightways Group Limited to Report First Half, 2024 Results on Feb 19, 2024

Now 20% undervalued after recent price drop

Freightways Group (NZSE:FRW) Seems To Use Debt Quite Sensibly

It's Unlikely That Freightways Group Limited's (NZSE:FRW) CEO Will See A Huge Pay Rise This Year

Now 20% undervalued after recent price drop

Capital Allocation Trends At Freightways Group (NZSE:FRW) Aren't Ideal

Freightways Group Limited, Annual General Meeting, Oct 26, 2023

Price target decreased by 8.3% to NZ$9.19

Now 21% undervalued

Now 21% undervalued after recent price drop

Upcoming dividend of NZ$0.22 per share at 4.4% yield

Freightways Group (NZSE:FRW) Is Paying Out A Dividend Of NZ$0.2235

Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2235

Full year 2023 earnings: EPS misses analyst expectations

Freightways Group Limited Declares Final Dividend for the Year Ended June 30, 2023, Payable on October 2, 2023

Is It Time To Consider Buying Freightways Group Limited (NZSE:FRW)?

Upcoming dividend of NZ$0.21 per share at 3.9% yield

First half 2023 earnings released: EPS: NZ$0.26 (vs NZ$0.26 in 1H 2022)

Freightways Limited (NZSE:FRE) Shares Could Be 25% Above Their Intrinsic Value Estimate

Freightways Limited to Report First Half, 2023 Results on Feb 20, 2023

There Are Reasons To Feel Uneasy About Freightways' (NZSE:FRE) Returns On Capital

Chief Executive Officer recently sold NZ$108k worth of stock

Is There Now An Opportunity In Freightways Limited (NZSE:FRE)?

Why We Think Freightways Limited's (NZSE:FRE) CEO Compensation Is Not Excessive At All

With EPS Growth And More, Freightways (NZSE:FRE) Makes An Interesting Case

Upcoming dividend of NZ$0.22 per share

Insider recently sold NZ$268k worth of stock

New Forecasts: Here's What Analysts Think The Future Holds For Freightways Limited (NZSE:FRE)

Freightways Limited (NZSE:FRE) entered into an agreement to acquire Allied Express Transport Pty Limited from McDowell family for AUD 160 million.

Freightways Limited (NZSE:FRE) entered into an agreement to acquire Allied Express Transport Pty Limited from McDowell family for AUD 160 million.

Full year 2022 earnings: Revenues exceed analyst expectations

What Is Freightways Limited's (NZSE:FRE) Share Price Doing?

Calculating The Intrinsic Value Of Freightways Limited (NZSE:FRE)

Freightways Limited to Report Fiscal Year 2022 Results on Aug 22, 2022

Is Freightways (NZSE:FRE) A Risky Investment?

Capital Allocation Trends At Freightways (NZSE:FRE) Aren't Ideal

Should You Investigate Freightways Limited (NZSE:FRE) At NZ$11.80?

Upcoming dividend of NZ$0.21 per share

Freightways (NZSE:FRE) Is Increasing Its Dividend To NZ$0.21

Freightways Limited, Annual General Meeting, Oct 27, 2022

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Freightways Limited Announces Board Changes

Upcoming dividend of NZ$0.21 per share

A Look At The Fair Value Of Freightways Limited (NZSE:FRE)

Full year 2021 earnings released

Price target increased to NZ$11.91

When Should You Buy Freightways Limited (NZSE:FRE)?

Freightways (NZSE:FRE) Could Be Struggling To Allocate Capital

How Does Freightways Limited (NZSE:FRE) Fare As A Dividend Stock?

When Should You Buy Freightways Limited (NZSE:FRE)?

Freightways Limited (NZSE:FRE) Stock Goes Ex-Dividend In Just Four Days

Does Freightways (NZSE:FRE) Have A Healthy Balance Sheet?

Price target raised to NZ$10.76

Analysts lower EPS estimates to NZ$0.33

First half 2021 earnings released: EPS NZ$0.13 (vs NZ$0.19 in 1H 2020)

Revenue beats expectations, earnings disappoint

Our Take On The Returns On Capital At Freightways (NZSE:FRE)

Freightways Limited's (NZSE:FRE) Stock Is Going Strong: Have Financials A Role To Play?

Price target raised to NZ$9.66

Freightways Limited Appoints Mark Cairns to the Board, Effective on 1 April 2021

New 90-day high: NZ$10.90