Gulf Energy Development Future Growth
Future criteria checks 2/6
Gulf Energy Development is forecast to grow earnings and revenue by 15.5% and 3.1% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 14.7% in 3 years.
Key information
15.5%
Earnings growth rate
11.8%
EPS growth rate
Renewable Energy earnings growth | 14.8% |
Revenue growth rate | 3.1% |
Future return on equity | 14.7% |
Analyst coverage | Good |
Last updated | 21 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 129,637 | 26,131 | 17,624 | 33,156 | 9 |
12/31/2025 | 127,102 | 22,424 | 11,085 | 29,969 | 9 |
12/31/2024 | 121,322 | 18,550 | -15,023 | 26,367 | 4 |
9/30/2024 | 121,307 | 19,032 | -9,189 | 14,606 | N/A |
6/30/2024 | 118,276 | 16,363 | -3,986 | 21,532 | N/A |
3/31/2024 | 119,241 | 14,506 | -3,950 | 15,146 | N/A |
12/31/2023 | 114,054 | 14,858 | -1,905 | 18,295 | N/A |
9/30/2023 | 113,277 | 15,501 | -2,675 | 12,623 | N/A |
6/30/2023 | 109,489 | 13,227 | -3,576 | 11,079 | N/A |
3/31/2023 | 99,936 | 11,873 | 709 | 12,919 | N/A |
12/31/2022 | 94,151 | 11,418 | -6,451 | 11,109 | N/A |
9/30/2022 | 82,550 | 9,055 | -1,341 | 16,682 | N/A |
6/30/2022 | 70,822 | 9,557 | -5,066 | 14,033 | N/A |
3/31/2022 | 59,060 | 9,433 | -9,208 | 13,035 | N/A |
12/31/2021 | 47,467 | 7,670 | -8,181 | 14,015 | N/A |
9/30/2021 | 41,525 | 6,471 | -9,202 | 14,031 | N/A |
6/30/2021 | 37,499 | 5,853 | -8,585 | 13,521 | N/A |
3/31/2021 | 34,030 | 6,328 | -11,173 | 13,429 | N/A |
12/31/2020 | 32,863 | 4,282 | -8,032 | 10,579 | N/A |
9/30/2020 | 31,522 | 3,343 | -5,694 | 9,446 | N/A |
6/30/2020 | 31,983 | 3,458 | -3,205 | 9,349 | N/A |
3/31/2020 | 31,354 | 3,181 | -1,957 | 9,417 | N/A |
12/31/2019 | 30,040 | 4,887 | -5,601 | 8,048 | N/A |
9/30/2019 | 27,304 | 4,535 | -11,274 | 5,925 | N/A |
6/30/2019 | 23,424 | 4,654 | -17,239 | 4,048 | N/A |
3/31/2019 | 20,300 | 2,613 | -18,251 | 2,238 | N/A |
12/31/2018 | 17,181 | 3,028 | -16,156 | 2,402 | N/A |
9/30/2018 | 14,301 | 3,457 | -13,921 | 2,408 | N/A |
6/30/2018 | 11,353 | 2,927 | N/A | 1,241 | N/A |
3/31/2018 | 7,742 | 4,052 | N/A | 110 | N/A |
12/31/2017 | 4,350 | 3,451 | N/A | -717 | N/A |
9/30/2017 | 2,048 | 2,329 | N/A | -1,479 | N/A |
6/30/2017 | 605 | 2,261 | N/A | -1,561 | N/A |
3/31/2017 | 242 | 1,389 | N/A | -1,187 | N/A |
12/31/2016 | 241 | 418 | N/A | -1,160 | N/A |
12/31/2015 | 687 | -811 | N/A | -1,046 | N/A |
12/31/2014 | 773 | -431 | N/A | -138 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGED's forecast earnings growth (15.5% per year) is above the savings rate (2.2%).
Earnings vs Market: TGED's earnings (15.5% per year) are forecast to grow faster than the SG market (11.4% per year).
High Growth Earnings: TGED's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGED's revenue (3.1% per year) is forecast to grow slower than the SG market (3.8% per year).
High Growth Revenue: TGED's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGED's Return on Equity is forecast to be low in 3 years time (14.7%).