Precious Shipping Future Growth
Future criteria checks 4/6
Precious Shipping is forecast to grow earnings and revenue by 22.4% and 6.4% per annum respectively. EPS is expected to grow by 22% per annum. Return on equity is forecast to be 7.2% in 3 years.
Key information
22.4%
Earnings growth rate
22.0%
EPS growth rate
| Shipping earnings growth | -8.1% |
| Revenue growth rate | 6.4% |
| Future return on equity | 7.2% |
| Analyst coverage | Low |
| Last updated | 22 Aug 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,083 | 1,517 | 1,692 | 3,730 | 3 |
| 12/31/2025 | 6,149 | 1,533 | 1,742 | 3,877 | 4 |
| 12/31/2024 | 6,362 | 1,679 | 1,637 | 3,993 | 1 |
| 6/30/2024 | 5,113 | 725 | 1,356 | 2,747 | N/A |
| 3/31/2024 | 5,108 | 719 | 2,199 | 2,729 | N/A |
| 12/31/2023 | 5,100 | 710 | 1,810 | 2,220 | N/A |
| 9/30/2023 | 2,955 | 658 | 2,224 | 2,883 | N/A |
| 6/30/2023 | 4,304 | 1,908 | 2,493 | 4,045 | N/A |
| 3/31/2023 | 6,883 | 3,559 | 2,845 | 5,322 | N/A |
| 12/31/2022 | 9,132 | 4,851 | 4,157 | 6,604 | N/A |
| 9/30/2022 | 10,212 | 6,074 | 5,190 | 7,451 | N/A |
| 6/30/2022 | 10,350 | 6,227 | 6,458 | 7,784 | N/A |
| 3/31/2022 | 9,652 | 5,394 | 6,734 | 7,003 | N/A |
| 12/31/2021 | 8,617 | 4,475 | 5,639 | 5,895 | N/A |
| 9/30/2021 | 6,855 | 2,730 | 4,516 | 4,746 | N/A |
| 6/30/2021 | 5,161 | 1,207 | 2,895 | 3,176 | N/A |
| 3/31/2021 | 3,922 | -803 | 1,951 | 2,214 | N/A |
| 12/31/2020 | 3,731 | -1,295 | 1,590 | 1,864 | N/A |
| 9/30/2020 | 3,831 | -1,296 | 967 | 1,306 | N/A |
| 6/30/2020 | 3,931 | -1,303 | 1,128 | 1,479 | N/A |
| 3/31/2020 | 4,258 | -261 | 1,190 | 1,620 | N/A |
| 12/31/2019 | 4,153 | -228 | 1,447 | 1,890 | N/A |
| 9/30/2019 | 4,346 | -105 | 1,687 | 2,085 | N/A |
| 6/30/2019 | 4,616 | 31 | 1,582 | 1,892 | N/A |
| 3/31/2019 | 4,794 | 264 | 1,873 | 2,171 | N/A |
| 12/31/2018 | 4,933 | 456 | 1,967 | 2,256 | N/A |
| 9/30/2018 | 4,752 | 415 | 1,926 | 2,254 | N/A |
| 6/30/2018 | 4,480 | 135 | 1,933 | 2,316 | N/A |
| 3/31/2018 | 4,376 | 37 | N/A | 2,128 | N/A |
| 12/31/2017 | 4,333 | -129 | N/A | 2,010 | N/A |
| 9/30/2017 | 4,204 | -357 | N/A | 1,700 | N/A |
| 6/30/2017 | 4,092 | -1,043 | N/A | 1,433 | N/A |
| 3/31/2017 | 3,940 | -1,513 | N/A | 1,121 | N/A |
| 12/31/2016 | 3,697 | -2,665 | N/A | 693 | N/A |
| 9/30/2016 | 3,756 | -4,058 | N/A | 647 | N/A |
| 6/30/2016 | 4,064 | -3,374 | N/A | 703 | N/A |
| 3/31/2016 | 4,079 | -3,301 | N/A | 615 | N/A |
| 12/31/2015 | 4,257 | -2,426 | N/A | 1,046 | N/A |
| 9/30/2015 | 4,415 | -934 | N/A | 1,134 | N/A |
| 6/30/2015 | 4,275 | -905 | N/A | 1,051 | N/A |
| 3/31/2015 | 4,445 | -556 | N/A | 1,241 | N/A |
| 12/31/2014 | 4,586 | -80 | N/A | 1,346 | N/A |
| 9/30/2014 | 5,433 | 10 | N/A | 1,470 | N/A |
| 6/30/2014 | 5,274 | 177 | N/A | 1,360 | N/A |
| 3/31/2014 | 5,045 | 391 | N/A | 1,332 | N/A |
| 12/31/2013 | 4,807 | 528 | N/A | 1,013 | N/A |
| 9/30/2013 | 3,603 | 408 | N/A | 721 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSL's forecast earnings growth (22.4% per year) is above the savings rate (2%).
Earnings vs Market: PSL's earnings (22.4% per year) are forecast to grow faster than the TH market (15.3% per year).
High Growth Earnings: PSL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PSL's revenue (6.4% per year) is forecast to grow faster than the TH market (6.4% per year).
High Growth Revenue: PSL's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSL's Return on Equity is forecast to be low in 3 years time (7.2%).