Afry Future Growth

Future criteria checks 3/6

Afry is forecast to grow earnings and revenue by 19.4% and 5.1% per annum respectively. EPS is expected to grow by 19.4% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

19.4%

Earnings growth rate

19.4%

EPS growth rate

Professional Services earnings growth	17.4%
Revenue growth rate	5.1%
Future return on equity	13.0%
Analyst coverage	Low
Last updated	19 Jul 2024

Recent future growth updates

kr219 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Jul 19

kr179 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Feb 07

Recent updates

Benign Growth For Afry AB (STO:AFRY) Underpins Its Share Price

Aug 04

kr219 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Jul 19

kr179 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Feb 07

Is Now The Time To Look At Buying Afry AB (STO:AFRY)?

Jan 25

There Are Reasons To Feel Uneasy About Afry's (STO:AFRY) Returns On Capital

Oct 03

Is There Now An Opportunity In Afry AB (STO:AFRY)?

Sep 01

These 4 Measures Indicate That Afry (STO:AFRY) Is Using Debt Reasonably Well

Jul 21

Here's Why We Think Afry (STO:AFRY) Is Well Worth Watching

Jun 24

Afry (STO:AFRY) Is Reinvesting At Lower Rates Of Return

May 26

Afry (STO:AFRY) Is Due To Pay A Dividend Of SEK5.50

Apr 05

Here's Why Afry (STO:AFRY) Can Manage Its Debt Responsibly

Mar 24

Should You Think About Buying Afry AB (STO:AFRY) Now?

Mar 11

Afry (STO:AFRY) Will Pay A Dividend Of SEK5.50

Feb 18

Afry AB (STO:AFRY) Shares Could Be 41% Below Their Intrinsic Value Estimate

Feb 12

What Is Afry AB's (STO:AFRY) Share Price Doing?

Sep 26

Afry (STO:AFRY) Will Be Hoping To Turn Its Returns On Capital Around

Jul 27

These 4 Measures Indicate That Afry (STO:AFRY) Is Using Debt Reasonably Well

Jun 30

When Should You Buy Afry AB (STO:AFRY)?

Jun 16

Afry (STO:AFRY) Will Want To Turn Around Its Return Trends

Mar 30

Does Afry (STO:AFRY) Have A Healthy Balance Sheet?

Mar 15

At kr174, Is Afry AB (STO:AFRY) Worth Looking At Closely?

Mar 02

Returns On Capital At Afry (STO:AFRY) Paint A Concerning Picture

Dec 26

Is Afry (STO:AFRY) A Risky Investment?

Dec 13

Is Now The Time To Look At Buying Afry AB (STO:AFRY)?

Nov 27

Is Afry AB (STO:AFRY) Trading At A 41% Discount?

Nov 14

Afry (STO:AFRY) Will Be Hoping To Turn Its Returns On Capital Around

Sep 13

Is Afry (STO:AFRY) A Risky Investment?

Aug 30

When Should You Buy Afry AB (STO:AFRY)?

Aug 18

Earnings and Revenue Growth Forecasts

OM:AFRY - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	30,851	1,935	2,013	2,582	4
12/31/2025	29,184	1,661	1,812	2,301	5
12/31/2024	27,624	1,346	1,650	2,047	5
6/30/2024	27,276	1,196	1,606	1,764	N/A
3/31/2024	26,953	1,019	1,683	1,848	N/A
12/31/2023	26,978	1,100	1,618	1,794	N/A
9/30/2023	26,452	1,184	965	1,237	N/A
6/30/2023	25,691	1,214	806	1,047	N/A
3/31/2023	24,798	1,187	672	833	N/A
12/31/2022	23,552	974	891	1,042	N/A
9/30/2022	22,451	877	1,443	1,565	N/A
6/30/2022	21,573	944	1,441	1,523	N/A
3/31/2022	20,775	1,062	1,565	1,708	N/A
12/31/2021	20,104	1,129	1,385	1,498	N/A
9/30/2021	19,503	1,127	1,178	1,255	N/A
6/30/2021	19,104	1,026	1,245	1,255	N/A
3/31/2021	18,735	945	1,610	1,687	N/A
12/31/2020	18,991	933	1,927	2,004	N/A
9/30/2020	19,531	816	2,198	2,401	N/A
6/30/2020	20,073	857	2,729	2,927	N/A
3/31/2020	20,658	914	1,910	2,071	N/A
12/31/2019	19,792	821	1,790	1,993	N/A
9/30/2019	18,302	859	1,149	1,274	N/A
6/30/2019	16,734	815	628	814	N/A
3/31/2019	14,949	807	798	945	N/A
12/31/2018	13,975	850	749	874	N/A
9/30/2018	13,518	883	825	852	N/A
6/30/2018	13,185	829	524	660	N/A
3/31/2018	12,808	766	N/A	712	N/A
12/31/2017	12,658	744	N/A	624	N/A
9/30/2017	12,295	713	N/A	492	N/A
6/30/2017	11,981	751	N/A	603	N/A
3/31/2017	11,692	769	N/A	677	N/A
12/31/2016	11,070	726	N/A	622	N/A
9/30/2016	10,651	695	N/A	686	N/A
6/30/2016	10,450	634	N/A	812	N/A
3/31/2016	10,097	617	N/A	642	N/A
12/31/2015	9,851	605	N/A	523	N/A
9/30/2015	9,509	585	N/A	577	N/A
6/30/2015	9,235	599	N/A	413	N/A
3/31/2015	8,927	556	N/A	523	N/A
12/31/2014	8,805	553	N/A	601	N/A
9/30/2014	8,720	591	N/A	529	N/A
6/30/2014	8,617	601	N/A	559	N/A
3/31/2014	8,488	552	N/A	419	N/A
12/31/2013	8,337	523	N/A	425	N/A
9/30/2013	7,894	428	N/A	359	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AFRY's forecast earnings growth (19.4% per year) is above the savings rate (1.1%).

Earnings vs Market: AFRY's earnings (19.4% per year) are forecast to grow faster than the Swedish market (15.8% per year).

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

Revenue vs Market: AFRY's revenue (5.1% per year) is forecast to grow faster than the Swedish market (1.1% per year).

High Growth Revenue: AFRY'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: AFRY's Return on Equity is forecast to be low in 3 years time (13%).

Afry Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

kr219 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Price target increased by 7.3% to kr219

Price target increased by 15% to kr194

kr179 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Price target decreased by 9.6% to kr205

Consensus forecasts updated

Recent updates

Benign Growth For Afry AB (STO:AFRY) Underpins Its Share Price

kr219 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Second quarter 2024 earnings: EPS exceeds analyst expectations

Price target increased by 7.3% to kr219

Executive VP recently bought kr333k worth of stock

Upcoming dividend of kr5.50 per share

Afry (STO:AFRY) Has Affirmed Its Dividend Of SEK5.50

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Afry AB Proposes Dividend, Payable on 30 April 2024

Afry's (STO:AFRY) Dividend Will Be SEK5.50

Afry (STO:AFRY) Will Be Hoping To Turn Its Returns On Capital Around

Afry (STO:AFRY) Will Pay A Dividend Of SEK5.50

Investor sentiment improves as stock rises 15%

Price target increased by 15% to kr194

kr179 - That's What Analysts Think Afry AB (STO:AFRY) Is Worth After These Results

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Afry AB to Report Q4, 2024 Results on Feb 07, 2025

Is Now The Time To Look At Buying Afry AB (STO:AFRY)?

High number of new directors

Afry AB (OM:AFRY) entered into an agreement to acquire Som System Mérnöki Iroda Korlátolt Felelosségu Társaság and Ttsa Mérnökiroda Korlátolt Felelosségu Társa.

Afry AB, Annual General Meeting, Apr 23, 2024

Afry AB Appoints Nomination Committee

There Are Reasons To Feel Uneasy About Afry's (STO:AFRY) Returns On Capital

Price target decreased by 9.6% to kr205

Is There Now An Opportunity In Afry AB (STO:AFRY)?

Afry AB Announces Management Changes, Effective September 1, 2023

These 4 Measures Indicate That Afry (STO:AFRY) Is Using Debt Reasonably Well

New major risk - Financial position

Second quarter 2023 earnings: Revenues exceed analyst expectations

Afry AB to Report Q4, 2023 Results on Feb 02, 2024

Here's Why We Think Afry (STO:AFRY) Is Well Worth Watching

Afry (STO:AFRY) Is Reinvesting At Lower Rates Of Return

Afry AB (OM:AFRY) agreed to acquire KSH Solutions, Inc.

First quarter 2023 earnings: Revenues exceed analyst expectations

Upcoming dividend of kr5.50 per share at 3.0% yield

Afry (STO:AFRY) Is Due To Pay A Dividend Of SEK5.50

Here's Why Afry (STO:AFRY) Can Manage Its Debt Responsibly

Should You Think About Buying Afry AB (STO:AFRY) Now?

Afry (STO:AFRY) Will Pay A Dividend Of SEK5.50

Afry AB (OM:AFRY) acquired Blix Consultancy B.V.

Afry AB (STO:AFRY) Shares Could Be 41% Below Their Intrinsic Value Estimate

Full year 2022 earnings: EPS exceeds analyst expectations

Afry AB Proposes Dividend for 2022

Less than half of directors are independent

Afry AB to Report Q2, 2023 Results on Jul 18, 2023

Afry AB, Annual General Meeting, Apr 27, 2023

AFRY Divests Its Operations in Russia

What Is Afry AB's (STO:AFRY) Share Price Doing?

Afry AB Appoints Bo Sandström as Executive Vice President

Afry (STO:AFRY) Will Be Hoping To Turn Its Returns On Capital Around

Afry AB Announces That Juuso Pajunen Will Leave His Position as CFO

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

Afry AB (OM:AFRY) acquired Ionic Consulting Limited.

Afry AB Appoints Linda Pålsson as Executive Vice President & Head of Energy Division

These 4 Measures Indicate That Afry (STO:AFRY) Is Using Debt Reasonably Well

When Should You Buy Afry AB (STO:AFRY)?

AFRY Launches FoodFactFinder - A New Digital Solution to Counteract Global Food Issues

Afry AB Announces Approval of its Science-Based Targets

Less than half of directors are independent

Chief Financial Officer recently bought kr196k worth of stock

Less than half of directors are independent

First quarter 2022 earnings: Revenues exceed analyst expectations

Less than half of directors are independent

Upcoming dividend of kr5.50 per share

Full year 2021 earnings: EPS misses analyst expectations

Afry AB (OM:AFRY) signed an agreement to acquire Weop Ab.

Afry (STO:AFRY) Will Want To Turn Around Its Return Trends

Does Afry (STO:AFRY) Have A Healthy Balance Sheet?

At kr174, Is Afry AB (STO:AFRY) Worth Looking At Closely?