Concentric Future Growth

Future criteria checks 1/6

Concentric is forecast to grow earnings and revenue by 8.1% and 0.3% per annum respectively. EPS is expected to grow by 8.4% per annum. Return on equity is forecast to be 18.2% in 3 years.

Key information

8.1%

Earnings growth rate

8.4%

EPS growth rate

Machinery earnings growth	8.2%
Revenue growth rate	0.3%
Future return on equity	18.2%
Analyst coverage	Low
Last updated	07 Feb 2024

Recent future growth updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Jun 21

Is Concentric (STO:COIC) Using Too Much Debt?

May 10

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Feb 11

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Jan 10

Is Concentric (STO:COIC) Using Too Much Debt?

Dec 13

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Nov 19

Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Oct 27

Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Sep 02

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Aug 08

We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

May 13

Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Apr 22

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 08

Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Jan 01

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Nov 02

Calculating The Fair Value Of Concentric AB (publ) (STO:COIC)

Jul 07

What Does Concentric AB (publ)'s (STO:COIC) Share Price Indicate?

Jun 09

Concentric (STO:COIC) Is Finding It Tricky To Allocate Its Capital

May 01

A Look At The Fair Value Of Concentric AB (publ) (STO:COIC)

Apr 01

Have Insiders Been Selling Concentric AB (publ) (STO:COIC) Shares This Year?

Mar 20

Earnings and Revenue Growth Forecasts

OM:COIC - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,193	519	586	698	1
12/31/2025	4,006	470	521	642	1
12/31/2024	3,840	409	509	615	1
12/31/2023	4,205	417	521	615	N/A
9/30/2023	4,293	441	496	588	N/A
6/30/2023	4,326	478	506	590	N/A
3/31/2023	4,249	492	457	529	N/A
12/31/2022	4,056	501	467	529	N/A
9/30/2022	3,718	480	319	372	N/A
6/30/2022	3,165	445	238	278	N/A
3/31/2022	2,617	396	237	276	N/A
12/31/2021	2,115	338	239	260	N/A
9/30/2021	1,800	336	318	335	N/A
6/30/2021	1,609	285	302	317	N/A
3/31/2021	1,478	217	322	329	N/A
12/31/2020	1,502	205	327	337	N/A
9/30/2020	1,552	188	267	277	N/A
6/30/2020	1,691	212	311	324	N/A
3/31/2020	1,902	287	349	365	N/A
12/31/2019	2,012	321	367	386	N/A
9/30/2019	2,164	365	446	464	N/A
6/30/2019	2,323	408	511	531	N/A
3/31/2019	2,373	410	524	545	N/A
12/31/2018	2,410	405	535	554	N/A
9/30/2018	2,331	372	534	550	N/A
6/30/2018	2,224	337	442	458	N/A
3/31/2018	2,161	318	379	393	N/A
12/31/2017	2,104	303	347	360	N/A
9/30/2017	2,074	285	N/A	328	N/A
6/30/2017	2,050	272	N/A	368	N/A
3/31/2017	2,032	260	N/A	423	N/A
12/31/2016	2,004	246	N/A	409	N/A
9/30/2016	2,035	236	N/A	436	N/A
6/30/2016	2,103	243	N/A	385	N/A
3/31/2016	2,201	242	N/A	367	N/A
12/31/2015	2,306	271	N/A	366	N/A
9/30/2015	2,337	281	N/A	336	N/A
6/30/2015	2,298	279	N/A	358	N/A
3/31/2015	2,205	277	N/A	338	N/A
12/31/2014	2,078	241	N/A	340	N/A
9/30/2014	2,011	223	N/A	322	N/A
6/30/2014	1,987	208	N/A	293	N/A
3/31/2014	1,932	192	N/A	263	N/A
12/31/2013	1,858	176	N/A	199	N/A
9/30/2013	1,821	146	N/A	228	N/A
6/30/2013	1,817	146	N/A	234	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COIC's forecast earnings growth (8.1% per year) is above the savings rate (1%).

Earnings vs Market: COIC's earnings (8.1% per year) are forecast to grow slower than the Swedish market (13.5% per year).

High Growth Earnings: COIC's earnings are forecast to grow, but not significantly.

Revenue vs Market: COIC's revenue (0.3% per year) is forecast to grow slower than the Swedish market (1.7% per year).

High Growth Revenue: COIC's revenue (0.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COIC's Return on Equity is forecast to be low in 3 years time (18.2%).

Concentric Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Price target decreased by 9.8% to kr203

Concentric AB (Publ) Announces Sales Guidance for the Year 2023

Concentric AB (Publ) Provides Sales Guidance for the Year 2023

Price target increased by 10.0% to kr232

Concentric AB Provides Sales Guidance for the First Quarter of 2023

Recent updates

Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members

Upcoming dividend of kr4.25 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25

Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board Member

Consensus EPS estimates fall by 13%

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25

Dividend increased to kr4.25

Full year 2023 earnings: EPS and revenues miss analyst expectations

Concentric AB (Publ) Proposes Dividend for the Financial Year 2023

Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024

At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?

Is Concentric (STO:COIC) A Risky Investment?

Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)

Price target decreased by 9.8% to kr203

Concentric AB (Publ) Announces Appointment of Nomination Committee

Concentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024

Concentric AB (publ) to Report Fiscal Year 2023 Results on Feb 07, 2024

We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Now 20% undervalued

Now 22% undervalued

Concentric AB (Publ) Announces Sales Guidance for the Year 2023

Is Concentric (STO:COIC) Using Too Much Debt?

Concentric AB (Publ) Provides Sales Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of kr4.00 per share at 1.9% yield

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2022 earnings: Revenues in line with analyst expectations

Investor sentiment deteriorates as stock falls 16%

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Price target increased by 10.0% to kr232

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Concentric AB Provides Sales Guidance for the First Quarter of 2023

Concentric AB (publ) to Report First Half, 2023 Results on Jul 26, 2023

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Is Concentric (STO:COIC) Using Too Much Debt?

Concentric AB (publ) to Report Q4, 2022 Results on Feb 08, 2023

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Price target decreased to kr220

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Price target decreased to kr220

Concentric AB (publ) Announces the Nomination Committee for Its Annual General Meeting 2023

Concentric AB (publ), Annual General Meeting, Apr 18, 2023

Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Concentric AB Appoints Fernando Palmero as Senior Vice President Hydraulics Division

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Concentric AB (Publ) Announces Termination of Jesse Smith as Senior Vice President

Chief Financial Officer exercised options to buy kr979k worth of stock.

We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

Independent Director recently bought kr197k worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Concentric AB (Publ) Approves Dividend for the Financial Year 2021, Payable on 28 April 2022

Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of kr3.75 per share

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Concentric AB (publ) to Report First Half, 2022 Results on Jul 20, 2022

Concentric AB (publ) Intends to Propose A Dividend for the Financial Year 2021

Concentric AB (publ) Decides to Close Facility in Chivilcoy, Argentina

Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Consensus revenue estimates increase by 11%

Price target increased to kr300

Independent Chairman of the Board recently bought kr413k worth of stock

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Senior VP and Head of Europe & Rest of the World David Bessant has left the company

Second quarter 2021 earnings released: EPS kr2.24 (vs kr0.45 in 2Q 2020)