Manawa Energy Future Growth

Future criteria checks 2/6

Manawa Energy's revenue is forecast to decline at 2.8% per annum while its annual earnings are expected to grow at 19.7% per year. EPS is expected to grow by 19.7% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

19.7%

Earnings growth rate

19.7%

EPS growth rate

Electric Utilities earnings growth	1.5%
Revenue growth rate	-2.8%
Future return on equity	7.7%
Analyst coverage	Low
Last updated	12 Sep 2024

Recent future growth updates

Recent updates

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Sep 13

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

May 22

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

May 21

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Jul 03

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

Feb 18

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Jan 31

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

Nov 11

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

May 22

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

May 17

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Feb 09

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Jan 26

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Jan 12

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Dec 17

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Dec 04

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Nov 21

Earnings and Revenue Growth Forecasts

NZSE:MNW - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	491	92	89	110	4
3/31/2026	528	75	65	95	4
3/31/2025	586	48	99	122	4
3/31/2024	473	23	51	120	N/A
9/30/2023	422	112	63	121	N/A
6/30/2023	429	104	43	93	N/A
3/31/2023	437	97	23	64	N/A
9/30/2022	433	36	24	69	N/A
6/30/2022	462	71	76	116	N/A
3/31/2022	491	105	129	162	N/A
9/30/2021	348	100	169	184	N/A
6/30/2021	325	60	156	173	N/A
3/31/2021	302	20	144	161	N/A
12/31/2020	694	57	138	163	N/A
9/30/2020	696	85	139	165	N/A
6/30/2020	843	90	128	159	N/A
3/31/2020	990	95	116	153	N/A
12/31/2019	1,024	80	114	149	N/A
9/30/2019	1,057	65	111	145	N/A
6/30/2019	1,044	78	115	146	N/A
3/31/2019	1,030	91	120	148	N/A
12/31/2018	989	95	145	171	N/A
9/30/2018	948	99	170	194	N/A
6/30/2018	948	106	191	216	N/A
3/31/2018	947	113	213	238	N/A
9/30/2017	912	108	N/A	210	N/A
6/30/2017	907	91	N/A	196	N/A
3/31/2017	903	75	N/A	181	N/A
12/31/2016	870	66	N/A	114	N/A
9/30/2016	869	52	N/A	109	N/A
6/30/2016	887	60	N/A	134	N/A
3/31/2016	905	68	N/A	159	N/A
12/31/2015	1,029	103	N/A	275	N/A
9/30/2015	1,026	115	N/A	269	N/A
6/30/2015	1,010	130	N/A	270	N/A
3/31/2015	993	144	N/A	270	N/A
12/31/2014	946	136	N/A	267	N/A
9/30/2014	898	127	N/A	265	N/A
6/30/2014	855	121	N/A	261	N/A
3/31/2014	812	115	N/A	257	N/A
12/31/2013	799	123	N/A	257	N/A
9/30/2013	786	131	N/A	257	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MNW's forecast earnings growth (19.7% per year) is above the savings rate (2.8%).

Earnings vs Market: MNW's earnings (19.7% per year) are forecast to grow faster than the NZ market (18% per year).

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

Revenue vs Market: MNW's revenue is expected to decline over the next 3 years (-2.8% per year).

High Growth Revenue: MNW's revenue is forecast to decline over the next 3 years (-2.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MNW's Return on Equity is forecast to be low in 3 years time (7.7%).

Manawa Energy Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 22%, revenue upgraded

Consensus revenue estimates increase by 11%, EPS downgraded

Consensus EPS estimates increase by 13%, revenue downgraded

Consensus EPS estimates fall by 19%, revenue upgraded

Price target decreased to NZ$6.07

Consensus revenue estimates fall by 10%

Recent updates

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Investor sentiment improves as stock rises 34%

Consensus EPS estimates fall by 22%, revenue upgraded

Manawa Energy Limited, Annual General Meeting, Sep 17, 2024

Consensus revenue estimates increase by 11%, EPS downgraded

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

Final dividend of NZ$0.13 announced

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

Full year 2024 earnings released: EPS: NZ$0.075 (vs NZ$0.31 in FY 2023)

Manawa Energy Limited to Report Fiscal Year 2024 Results on May 20, 2024

Manawa Energy Limited Appoints Clayton Delmarter as Chief Executive Officer

Consensus EPS estimates increase by 13%, revenue downgraded

Upcoming dividend of NZ$0.094 per share at 3.5% yield

First half 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.13 in 1H 2023)

New major risk - Revenue and earnings growth

Manawa Energy Limited to Report First Half, 2024 Results on Nov 13, 2023

Manawa Energy Announces CEO Changes

High number of new and inexperienced directors

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Upcoming dividend of NZ$0.10 per share at 3.3% yield

Consensus EPS estimates fall by 19%, revenue upgraded

Manawa Energy Limited Approves Final Dividend for the Financial Year Ended 31 March 2023, Payable on 16 June 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Manawa Energy Limited, Annual General Meeting, Jul 27, 2023

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Insider recently bought NZ$52k worth of stock

Insider recently sold NZ$80k worth of stock

Upcoming dividend of NZ$0.088 per share

Price target decreased to NZ$6.07

Consensus revenue estimates fall by 10%

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

First half 2023 earnings released: EPS: NZ$0.13 (vs NZ$0.35 in 1H 2022)

Manawa Energy Limited to Report Q2, 2023 Results on Nov 09, 2022

Consensus forecasts updated

Manawa Energy Limited(NZSE:MNW) dropped from S&P Global BMI Index

Insider recently bought NZ$76k worth of stock

Manawa Energy Ordinary Shares to Be Deleted from OTC Equity

Manawa Energy Limited, Annual General Meeting, Aug 12, 2022

Upcoming dividend of NZ$0.54 per share

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

Mercury NZ Limited (NZSE:MCY) completed the acquisition of Retail Business from Trustpower Limited (NZSE:TPW).

High number of new directors

Trustpower Limited to Report Fiscal Year 2022 Results on May 16, 2022

Consensus forecasts updated

Consensus forecasts updated

Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly

Upcoming dividend of NZ$0.20 per share

High number of new directors

High number of new directors

Independent Director Susan Peterson has left the company

Is Trustpower (NZSE:TPW) A Risky Investment?

Independent Director Susan Peterson has left the company

High number of new directors

Consensus EPS estimates increase to NZ$0.30

Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet

Mercury NZ Limited (NZSE:MCY) agreed to acquire Retail Business from Trustpower Limited (NZSE:TPW) for approximately NZD 440 million.

Upcoming dividend of NZ$0.22 per share

Full year 2021 earnings released: EPS NZ$0.11 (vs NZ$0.30 in FY 2020)

Trustpower Limited Provides Operating Guidance for the Fiscal Year 2022

Trustpower Limited Announces Final Dividend, Payable on 18 June 2021

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