Arabian Drilling Future Growth
Future criteria checks 3/6
Arabian Drilling is forecast to grow earnings and revenue by 16.3% and 5.1% per annum respectively. EPS is expected to grow by 16.9% per annum. Return on equity is forecast to be 10.9% in 3 years.
Key information
16.3%
Earnings growth rate
16.9%
EPS growth rate
| Energy Services earnings growth | 14.7% |
| Revenue growth rate | 5.1% |
| Future return on equity | 10.9% |
| Analyst coverage | Good |
| Last updated | 19 Nov 2024 |
Recent future growth updates
Recent updates
We Like These Underlying Return On Capital Trends At Arabian Drilling (TADAWUL:2381)
Oct 05
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Jun 19Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled
Feb 22Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Nov 08Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results
Nov 08Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?
Jul 18Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now
Feb 13Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,350 | 725 | 593 | 1,740 | 8 |
| 12/31/2025 | 4,073 | 666 | 637 | 1,458 | 9 |
| 12/31/2024 | 3,794 | 417 | -419 | 1,569 | 9 |
| 9/30/2024 | 3,756 | 434 | -512 | 1,490 | N/A |
| 6/30/2024 | 3,813 | 489 | -912 | 1,110 | N/A |
| 3/31/2024 | 3,664 | 609 | -762 | 1,144 | N/A |
| 12/31/2023 | 3,477 | 605 | -487 | 1,360 | N/A |
| 9/30/2023 | 3,240 | 559 | -831 | 1,304 | N/A |
| 6/30/2023 | 3,022 | 632 | -752 | 1,564 | N/A |
| 3/31/2023 | 2,884 | 606 | -628 | 1,322 | N/A |
| 12/31/2022 | 2,704 | 558 | -507 | 1,242 | N/A |
| 9/30/2022 | 2,549 | 539 | -110 | 919 | N/A |
| 12/31/2021 | 2,199 | 274 | 428 | 676 | N/A |
| 12/31/2020 | 2,533 | 294 | 950 | 1,436 | N/A |
| 12/31/2019 | 2,814 | 230 | 224 | 795 | N/A |
| 12/31/2018 | 2,454 | 93 | -1,059 | 986 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2381's forecast earnings growth (16.3% per year) is above the savings rate (14.7%).
Earnings vs Market: 2381's earnings (16.3% per year) are forecast to grow faster than the SA market (6.5% per year).
High Growth Earnings: 2381's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2381's revenue (5.1% per year) is forecast to grow faster than the SA market (-0.2% per year).
High Growth Revenue: 2381's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2381's Return on Equity is forecast to be low in 3 years time (10.9%).