First Milling Future Growth
Future criteria checks 3/6
First Milling is forecast to grow earnings and revenue by 11.8% and 9.3% per annum respectively. EPS is expected to grow by 10.5% per annum. Return on equity is forecast to be 27.9% in 3 years.
Key information
11.8%
Earnings growth rate
10.5%
EPS growth rate
| Food earnings growth | 16.6% |
| Revenue growth rate | 9.3% |
| Future return on equity | 27.9% |
| Analyst coverage | Low |
| Last updated | 26 Nov 2024 |
Recent future growth updates
No updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,205 | 295 | 345 | 399 | 1 |
| 12/31/2025 | 1,115 | 261 | 294 | 371 | 1 |
| 12/31/2024 | 1,039 | 239 | 232 | 321 | 1 |
| 9/30/2024 | 1,027 | 242 | 186 | 279 | N/A |
| 6/30/2024 | 1,014 | 235 | 165 | 287 | N/A |
| 3/31/2024 | 985 | 224 | 197 | 314 | N/A |
| 12/31/2023 | 964 | 220 | 198 | 318 | N/A |
| 9/30/2023 | 944 | 183 | 170 | 258 | N/A |
| 6/30/2023 | 934 | 192 | 201 | 252 | N/A |
| 3/31/2023 | 927 | 219 | 193 | 229 | N/A |
| 12/31/2022 | 914 | 217 | 194 | 232 | N/A |
| 9/30/2022 | 923 | 255 | 326 | 359 | N/A |
| 12/31/2021 | 801 | 198 | 276 | 315 | N/A |
| 12/31/2020 | 716 | 191 | 220 | 255 | N/A |
| 12/31/2019 | 644 | 126 | 91 | 140 | N/A |
| 12/31/2018 | 581 | 104 | 141 | 147 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2283's forecast earnings growth (11.8% per year) is below the savings rate (14.7%).
Earnings vs Market: 2283's earnings (11.8% per year) are forecast to grow faster than the SA market (6.5% per year).
High Growth Earnings: 2283's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2283's revenue (9.3% per year) is forecast to grow faster than the SA market (-0.2% per year).
High Growth Revenue: 2283's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2283's Return on Equity is forecast to be high in 3 years time (27.9%)