Balco Group Past Earnings Performance
Past criteria checks 1/6
Balco Group's earnings have been declining at an average annual rate of -11.3%, while the Building industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 2.1% per year. Balco Group's return on equity is 4.4%, and it has net margins of 2.9%.
Key information
-11.3%
Earnings growth rate
-11.8%
EPS growth rate
| Building Industry Growth | 18.8% |
| Revenue growth rate | 2.1% |
| Return on equity | 4.4% |
| Net Margin | 2.9% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Recent updates
Balco Group AB (STO:BALCO) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jan 06
Is Balco Group (STO:BALCO) A Risky Investment?
Aug 22Investors Can Find Comfort In Balco Group's (STO:BALCO) Earnings Quality
Feb 15We Think Balco Group (STO:BALCO) Can Stay On Top Of Its Debt
Sep 30Does Balco Group (STO:BALCO) Have A Healthy Balance Sheet?
Sep 11Balco Group (STO:BALCO) Seems To Use Debt Quite Sensibly
May 05Are Strong Financial Prospects The Force That Is Driving The Momentum In Balco Group AB's STO:BALCO) Stock?
Mar 11Can You Imagine How Balco Group's (STO:BALCO) Shareholders Feel About The 38% Share Price Increase?
Feb 21Balco Group (STO:BALCO) Could Easily Take On More Debt
Feb 04
Head of Human Resources Jesper Magnusson Just Sold A Bunch Of Shares In Balco Group AB (STO:BALCO)
Jan 17Here's Why I Think Balco Group (STO:BALCO) Might Deserve Your Attention Today
Jan 04Are Institutions Heavily Invested In Balco Group AB's (STO:BALCO) Shares?
Dec 19Revenue & Expenses BreakdownBeta
How Balco Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,216 | 35 | 192 | 0 |
| 31 Dec 23 | 1,215 | 47 | 184 | 0 |
| 30 Sep 23 | 1,309 | 66 | 184 | 0 |
| 30 Jun 23 | 1,366 | 71 | 186 | 0 |
| 31 Mar 23 | 1,371 | 71 | 190 | 0 |
| 31 Dec 22 | 1,334 | 76 | 194 | 0 |
| 30 Sep 22 | 1,274 | 80 | 192 | 0 |
| 30 Jun 22 | 1,206 | 87 | 190 | 0 |
| 31 Mar 22 | 1,158 | 93 | 188 | 0 |
| 31 Dec 21 | 1,120 | 90 | 182 | 0 |
| 30 Sep 21 | 1,065 | 56 | 177 | 0 |
| 30 Jun 21 | 1,081 | 58 | 172 | 0 |
| 31 Mar 21 | 1,129 | 69 | 169 | 0 |
| 31 Dec 20 | 1,200 | 78 | 174 | 0 |
| 30 Sep 20 | 1,265 | 109 | 171 | 0 |
| 30 Jun 20 | 1,299 | 111 | 170 | 0 |
| 31 Mar 20 | 1,272 | 108 | 169 | 0 |
| 31 Dec 19 | 1,221 | 103 | 160 | 0 |
| 30 Sep 19 | 1,192 | 96 | 156 | 0 |
| 30 Jun 19 | 1,137 | 92 | 151 | 0 |
| 31 Mar 19 | 1,085 | 81 | 148 | 0 |
| 31 Dec 18 | 1,058 | 77 | 148 | 0 |
| 30 Sep 18 | 1,037 | 78 | 157 | 0 |
| 30 Jun 18 | 1,006 | 55 | 162 | 0 |
| 31 Mar 18 | 1,001 | 42 | 160 | 0 |
| 31 Dec 17 | 989 | 31 | 156 | 0 |
| 30 Sep 17 | 943 | 13 | 145 | 0 |
| 30 Jun 17 | 929 | 19 | 139 | 0 |
| 31 Mar 17 | 847 | 10 | 132 | 0 |
| 31 Dec 16 | 802 | 5 | 128 | 0 |
| 31 Dec 15 | 639 | 13 | 106 | 0 |
| 31 Dec 14 | 568 | -30 | 78 | 0 |
| 31 Dec 13 | 542 | -38 | 85 | 0 |
Quality Earnings: BALCO has high quality earnings.
Growing Profit Margin: BALCO's current net profit margins (2.9%) are lower than last year (5.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BALCO's earnings have declined by 11.3% per year over the past 5 years.
Accelerating Growth: BALCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BALCO had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Building industry average (-10.2%).
Return on Equity
High ROE: BALCO's Return on Equity (4.4%) is considered low.