Steelcase Future Growth

Future criteria checks 2/6

Steelcase is forecast to grow earnings and revenue by 19.7% and 3.7% per annum respectively. EPS is expected to grow by 18.3% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

19.7%

Earnings growth rate

18.3%

EPS growth rate

Commercial Services earnings growth14.9%
Revenue growth rate3.7%
Future return on equity12.1%
Analyst coverage

Low

Last updated27 Mar 2024

Recent future growth updates

Recent updates

Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively

Mar 27
Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively

Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Mar 24
Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet

Mar 23
Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet

Steelcase: A Challenging Turnaround Case

Mar 08

Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price

Feb 12
Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price

Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Jan 26
Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar

Jan 05
Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar

Steelcase: Improving Profits And Strong Cash Flow Generation (Rating Upgrade)

Dec 24

Is Steelcase (NYSE:SCS) Using Too Much Debt?

Dec 21
Is Steelcase (NYSE:SCS) Using Too Much Debt?

Steelcase: Back To Office, Back On Growth

Oct 15

What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?

Oct 13
What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?

Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Sep 23
Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Steelcase Q2 Earnings: A Stellar Quarter Reaffirms The Bullish Case

Sep 21

Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate

Sep 21
Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate

Steelcase: Near-Term Revenue Headwinds Keep Me On The Sidelines

Sep 09

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Sep 01
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Steelcase: Showing Signs Of A Turnaround

Jun 27

Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

May 17
Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued

Apr 19
An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued

Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?

Mar 28
Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?

Steelcase: Q3 2023 Shines Little Light On Future Growth Prospects

Jan 24

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Jan 09
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?

Nov 17
Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?

Steelcase Non-GAAP EPS of $0.21 beats by $0.08, revenue of $863.3M misses by $19.4M

Sep 21

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Sep 18
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Steelcase nears 52-week low price after Sidoti downgrades rating to Neutral

Sep 15

Steelcase: Expect Management To Continue To Deliver

Sep 07

Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Aug 13
Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Steelcase (NYSE:SCS) Has Announced A Dividend Of US$0.14

Jun 26
Steelcase (NYSE:SCS) Has Announced A Dividend Of US$0.14

Steelcase: Strong Forward Earnings Growth To Finally Move The Share-Price

Jun 24

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Jun 14
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Steelcase (NYSE:SCS) Will Be Hoping To Turn Its Returns On Capital Around

Apr 07
Steelcase (NYSE:SCS) Will Be Hoping To Turn Its Returns On Capital Around

Steelcase: A Recovery Will Push Shares Higher

Mar 06

Is Steelcase (NYSE:SCS) Using Too Much Debt?

Feb 17
Is Steelcase (NYSE:SCS) Using Too Much Debt?

Be Wary Of Steelcase (NYSE:SCS) And Its Returns On Capital

Dec 21
Be Wary Of Steelcase (NYSE:SCS) And Its Returns On Capital

Steelcase: When Returns Justify Trying To Catch A Falling Knife

Nov 25

Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

Oct 21
Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

Earnings and Revenue Growth Forecasts

NYSE:SCS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
2/28/20273,584145N/AN/A1
2/28/20263,3751181472144
2/28/20253,26697901564
2/23/20243,16078262309N/A
11/24/20233,18673286339N/A
8/25/20233,23554241295N/A
5/26/20233,2444799156N/A
2/24/20233,233343089N/A
11/25/20223,18417-100-42N/A
8/26/20223,09515-173-115N/A
5/27/20222,95720-150-94N/A
2/25/20222,7734-163-103N/A
11/26/20212,69712-86-31N/A
8/27/20212,5765-97-42N/A
5/28/20212,670354495N/A
2/26/20212,596262465N/A
11/27/20202,86584123179N/A
8/28/20203,203136304363N/A
5/29/20203,382141270338N/A
2/28/20203,724196287361N/A
11/22/20193,690153230304N/A
8/23/20193,636136140212N/A
5/24/20193,51412498178N/A
2/22/20193,44312450131N/A
11/23/20183,30410192178N/A
8/24/20183,1759074166N/A
5/25/20183,0747873160N/A
2/23/20183,05679139227N/A
11/24/20173,052104N/A162N/A
8/25/20173,066120N/A173N/A
5/26/20173,049121N/A186N/A
2/24/20173,032122N/A171N/A
11/25/20163,011173N/A160N/A
8/26/20163,012167N/A153N/A
5/27/20163,073166N/A157N/A
2/26/20163,060167N/A186N/A
11/27/20153,062113N/A207N/A
8/28/20153,07490N/A154N/A
5/29/20153,04284N/A121N/A
2/27/20153,06085N/A84N/A
11/28/20143,08986N/A89N/A
8/29/20143,07497N/A146N/A
5/30/20143,04594N/A146N/A
2/28/20142,98986N/A179N/A
11/22/20132,93136N/A155N/A
8/23/20132,87336N/A175N/A
5/24/20132,86138N/A185N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SCS's forecast earnings growth (19.7% per year) is above the savings rate (2.3%).

Earnings vs Market: SCS's earnings (19.7% per year) are forecast to grow faster than the US market (14.7% per year).

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

Revenue vs Market: SCS's revenue (3.7% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: SCS's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SCS's Return on Equity is forecast to be low in 3 years time (12.1%).


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