RaySearch Laboratories Future Growth
Future criteria checks 5/6
RaySearch Laboratories is forecast to grow earnings and revenue by 24.1% and 11.5% per annum respectively. EPS is expected to grow by 24.1% per annum. Return on equity is forecast to be 26.4% in 3 years.
Key information
24.1%
Earnings growth rate
24.1%
EPS growth rate
Healthcare Services earnings growth | 30.5% |
Revenue growth rate | 11.5% |
Future return on equity | 26.4% |
Analyst coverage | Low |
Last updated | 15 Nov 2024 |
Recent future growth updates
Recent updates
RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares Climb 28% But Its Business Is Yet to Catch Up
Nov 09RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
May 21The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing
May 11RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends
Oct 04Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?
Jul 10Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?
Nov 17One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be
Mar 15Is RaySearch Laboratories (STO:RAY B) A Risky Investment?
Feb 22Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?
Nov 04Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,504 | 296 | N/A | N/A | 1 |
12/31/2025 | 1,337 | 230 | N/A | N/A | 1 |
12/31/2024 | 1,193 | 184 | N/A | N/A | 1 |
9/30/2024 | 1,169 | 175 | 277 | 498 | N/A |
6/30/2024 | 1,129 | 151 | 337 | 557 | N/A |
3/31/2024 | 1,049 | 101 | 251 | 470 | N/A |
12/31/2023 | 1,022 | 82 | 247 | 456 | N/A |
9/30/2023 | 987 | 64 | 259 | 456 | N/A |
6/30/2023 | 945 | 53 | 154 | 335 | N/A |
3/31/2023 | 866 | 22 | 156 | 349 | N/A |
12/31/2022 | 844 | 24 | 119 | 321 | N/A |
9/30/2022 | 768 | -6 | -171 | 233 | N/A |
6/30/2022 | 693 | -38 | -102 | 282 | N/A |
3/31/2022 | 688 | -35 | 4 | 260 | N/A |
12/31/2021 | 642 | -47 | -17 | 238 | N/A |
9/30/2021 | 613 | -46 | 36 | 261 | N/A |
6/30/2021 | 596 | -50 | 67 | 292 | N/A |
3/31/2021 | 605 | -42 | 144 | 370 | N/A |
12/31/2020 | 652 | -9 | 106 | 332 | N/A |
9/30/2020 | 726 | 24 | 300 | 361 | N/A |
6/30/2020 | 751 | 43 | 225 | 334 | N/A |
3/31/2020 | 777 | 74 | 109 | 336 | N/A |
12/31/2019 | 742 | 50 | 108 | 320 | N/A |
9/30/2019 | 727 | 64 | 135 | 360 | N/A |
6/30/2019 | 733 | 85 | 76 | 295 | N/A |
3/31/2019 | 684 | 84 | -53 | 173 | N/A |
12/31/2018 | 627 | 79 | -45 | 178 | N/A |
9/30/2018 | 613 | 118 | -91 | 105 | N/A |
6/30/2018 | 574 | 104 | N/A | 153 | N/A |
3/31/2018 | 575 | 103 | N/A | 164 | N/A |
12/31/2017 | 585 | 118 | N/A | 147 | N/A |
9/30/2017 | 571 | 121 | N/A | 175 | N/A |
6/30/2017 | 586 | 151 | N/A | 149 | N/A |
3/31/2017 | 563 | 160 | N/A | 138 | N/A |
12/31/2016 | 531 | 151 | N/A | 121 | N/A |
9/30/2016 | 472 | 109 | N/A | 88 | N/A |
6/30/2016 | 447 | 94 | N/A | 91 | N/A |
3/31/2016 | 405 | 63 | N/A | 95 | N/A |
12/31/2015 | 398 | 70 | N/A | 111 | N/A |
9/30/2015 | 373 | 78 | N/A | 93 | N/A |
6/30/2015 | 344 | 76 | N/A | 88 | N/A |
3/31/2015 | 319 | 79 | N/A | 77 | N/A |
12/31/2014 | 285 | 60 | N/A | 50 | N/A |
9/30/2014 | 268 | 24 | N/A | 45 | N/A |
6/30/2014 | 235 | -4 | N/A | 39 | N/A |
3/31/2014 | 211 | -20 | N/A | 27 | N/A |
12/31/2013 | 204 | -21 | N/A | 31 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAY B's forecast earnings growth (24.1% per year) is above the savings rate (1.2%).
Earnings vs Market: RAY B's earnings (24.1% per year) are forecast to grow faster than the Swedish market (14.7% per year).
High Growth Earnings: RAY B's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RAY B's revenue (11.5% per year) is forecast to grow faster than the Swedish market (1.3% per year).
High Growth Revenue: RAY B's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAY B's Return on Equity is forecast to be high in 3 years time (26.4%)
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 05:45 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RaySearch Laboratories AB (publ) is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |
Hans Mähler | DNB Markets |
Hans Mähler | Handelsbanken Capital Markets |