Citicore Renewable Energy Future Growth
Future criteria checks 5/6
Citicore Renewable Energy is forecast to grow earnings and revenue by 69.9% and 68.6% per annum respectively. EPS is expected to grow by 1.8% per annum. Return on equity is forecast to be 9.7% in 3 years.
Key information
69.9%
Earnings growth rate
1.8%
EPS growth rate
| Electric Utilities earnings growth | 14.6% |
| Revenue growth rate | 68.6% |
| Future return on equity | 9.7% |
| Analyst coverage | Low |
| Last updated | 30 Oct 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 17,799 | 2,849 | -19,706 | 633 | 1 |
| 12/31/2025 | 9,583 | 1,337 | -31,166 | -1,136 | 1 |
| 12/31/2024 | 3,949 | 744 | -33,016 | 1,893 | 1 |
| 9/30/2024 | 4,448 | 611 | -17,523 | 1,389 | N/A |
| 6/30/2024 | 3,917 | 609 | -5,787 | 922 | N/A |
| 3/31/2024 | 3,800 | 647 | -5,033 | 913 | N/A |
| 12/31/2023 | 3,684 | 685 | -4,279 | 905 | N/A |
| 12/31/2022 | 2,790 | 632 | 1,007 | 1,011 | N/A |
| 12/31/2021 | 1,009 | 192 | 330 | 359 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CREC's forecast earnings growth (69.9% per year) is above the savings rate (5.3%).
Earnings vs Market: CREC's earnings (69.9% per year) are forecast to grow faster than the PH market (12.5% per year).
High Growth Earnings: CREC's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CREC's revenue (68.6% per year) is forecast to grow faster than the PH market (7.8% per year).
High Growth Revenue: CREC's revenue (68.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CREC's Return on Equity is forecast to be low in 3 years time (9.7%).