VEEM Future Growth
Future criteria checks 4/6
VEEM is forecast to grow earnings and revenue by 21.6% and 12.6% per annum respectively. EPS is expected to grow by 21.5% per annum. Return on equity is forecast to be 18.7% in 3 years.
Key information
21.6%
Earnings growth rate
21.5%
EPS growth rate
| Machinery earnings growth | 8.1% |
| Revenue growth rate | 12.6% |
| Future return on equity | 18.7% |
| Analyst coverage | Low |
| Last updated | 25 Aug 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 |
|---|---|---|---|---|---|
| 6/30/2027 | 117 | 13 | N/A | 14 | 1 |
| 6/30/2026 | 97 | 10 | N/A | 13 | 1 |
| 6/30/2025 | 87 | 8 | N/A | 11 | 1 |
| 6/30/2024 | 81 | 7 | 5 | 8 | N/A |
| 3/31/2024 | 75 | 6 | 5 | 8 | N/A |
| 12/31/2023 | 70 | 6 | 4 | 9 | N/A |
| 9/30/2023 | 65 | 5 | 3 | 8 | N/A |
| 6/30/2023 | 60 | 4 | 1 | 5 | N/A |
| 3/31/2023 | 58 | 3 | 0 | 4 | N/A |
| 12/31/2022 | 56 | 3 | -1 | 3 | N/A |
| 9/30/2022 | 55 | 2 | -2 | 3 | N/A |
| 6/30/2022 | 54 | 1 | -2 | 3 | N/A |
| 3/31/2022 | 56 | 2 | -2 | 3 | N/A |
| 12/31/2021 | 57 | 2 | -2 | 4 | N/A |
| 9/30/2021 | 58 | 4 | 0 | 5 | N/A |
| 6/30/2021 | 60 | 5 | 3 | 6 | N/A |
| 3/31/2021 | 56 | 5 | 5 | 8 | N/A |
| 12/31/2020 | 52 | 5 | 8 | 11 | N/A |
| 9/30/2020 | 48 | 4 | 6 | 8 | N/A |
| 6/30/2020 | 44 | 2 | 3 | 6 | N/A |
| 3/31/2020 | 45 | 3 | 3 | 5 | N/A |
| 12/31/2019 | 45 | 3 | 3 | 4 | N/A |
| 9/30/2019 | 45 | 3 | 5 | 6 | N/A |
| 6/30/2019 | 45 | 3 | 7 | 8 | N/A |
| 3/31/2019 | 43 | 2 | 4 | 4 | N/A |
| 12/31/2018 | 41 | 2 | 0 | 1 | N/A |
| 9/30/2018 | 41 | 2 | -2 | 0 | N/A |
| 6/30/2018 | 41 | 3 | -3 | -1 | N/A |
| 3/31/2018 | 39 | 3 | N/A | 1 | N/A |
| 12/31/2017 | 37 | 4 | N/A | 4 | N/A |
| 9/30/2017 | 38 | 4 | N/A | 3 | N/A |
| 6/30/2017 | 38 | 4 | N/A | 3 | N/A |
| 3/31/2017 | 42 | 4 | N/A | 4 | N/A |
| 12/31/2016 | 46 | 4 | N/A | 4 | N/A |
| 9/30/2016 | 43 | 5 | N/A | 6 | N/A |
| 6/30/2016 | 41 | 5 | N/A | 8 | N/A |
| 6/30/2015 | 38 | 4 | N/A | 8 | N/A |
| 6/30/2014 | 40 | 5 | N/A | 7 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VEEM.F's forecast earnings growth (21.6% per year) is above the savings rate (2.5%).
Earnings vs Market: VEEM.F's earnings (21.6% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: VEEM.F's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VEEM.F's revenue (12.6% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: VEEM.F's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VEEM.F's Return on Equity is forecast to be low in 3 years time (18.7%).