What Do Analysts Think About Public Joint-Stock Company Unipro’s (MCX:UPRO) Future?

In December 2018, Public Joint-Stock Company Unipro (MCX:UPRO) released its latest earnings announcement, which indicated that the business endured a major headwind with earnings falling by -51%. Below, I’ve laid out key growth figures on how market analysts predict Unipro’s earnings growth trajectory over the next couple of years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in.

View our latest analysis for Unipro

Market analysts’ prospects for this coming year seems rather muted, with earnings increasing by a single digit 4.9%. The growth outlook in the following year seems much more positive with rates reaching double digit 63% compared to today’s earnings and reduces to RUруб25b by 2022.

MISX:UPRO Past and Future Earnings, April 16th 2019
MISX:UPRO Past and Future Earnings, April 16th 2019

Even though it’s helpful to understand the growth each year relative to today’s value, it may be more insightful estimating the rate at which the business is rising or falling every year, on average. The pro of this technique is that we can get a bigger picture of the direction of Unipro’s earnings trajectory over the long run, irrespective of near term fluctuations, fluctuate up and down. To calculate this rate, I’ve appended a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is 10%. This means, we can expect Unipro will grow its earnings by 10% every year for the next couple of years.

Next Steps:

For Unipro, there are three key aspects you should further research:

  1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
  2. Valuation: What is UPRO worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether UPRO is currently mispriced by the market.
  3. Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of UPRO? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.