Scatec Future Growth

Future criteria checks 2/6

Scatec's earnings are forecast to decline at 3% per annum while its annual revenue is expected to grow at 25.3% per year. EPS is expected to decline by 3.1% per annum. Return on equity is forecast to be 8% in 3 years.

Key information

-3.0%

Earnings growth rate

-3.1%

EPS growth rate

Renewable Energy earnings growth	12.4%
Revenue growth rate	25.3%
Future return on equity	8.0%
Analyst coverage	Good
Last updated	07 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:STEC.F - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	8,567	607	2,200	5,105	3
12/31/2025	6,982	537	2,902	4,260	5
12/31/2024	6,453	454	1,624	4,397	4
3/31/2024	3,777	676	-3,993	2,688	N/A
12/31/2023	3,399	628	-4,961	2,184	N/A
9/30/2023	3,266	-175	-3,760	5,382	N/A
6/30/2023	3,246	35	-3,547	4,595	N/A
3/31/2023	3,119	-364	-2,322	1,547	N/A
12/31/2022	3,002	-1,334	-1,230	1,637	N/A
9/30/2022	2,991	-829	701	1,720	N/A
6/30/2022	3,053	-953	1,208	1,782	N/A
3/31/2022	3,069	-763	1,276	2,264	N/A
12/31/2021	3,038	388	1,105	2,072	N/A
9/30/2021	2,963	-316	418	1,631	N/A
6/30/2021	2,848	-504	592	1,759	N/A
3/31/2021	2,833	-695	-2	1,191	N/A
12/31/2020	2,770	-478	-103	1,671	N/A
9/30/2020	2,649	68	-1,146	3,146	N/A
6/30/2020	2,450	156	-2,519	2,908	N/A
3/31/2020	2,110	229	-3,578	2,430	N/A
12/31/2019	1,811	-39	-4,642	1,860	N/A
9/30/2019	1,556	19	-4,439	407	N/A
6/30/2019	1,307	2	-4,163	125	N/A
3/31/2019	1,198	125	-3,157	707	N/A
12/31/2018	1,150	140	-2,317	1,248	N/A
9/30/2018	1,125	59	-1,547	1,241	N/A
6/30/2018	1,122	428	-857	1,371	N/A
3/31/2018	1,127	317	-259	1,282	N/A
12/31/2017	1,121	339	N/A	844	N/A
9/30/2017	1,125	420	N/A	883	N/A
6/30/2017	1,126	36	N/A	888	N/A
3/31/2017	1,061	53	N/A	985	N/A
12/31/2016	1,013	4	N/A	732	N/A
9/30/2016	978	-16	N/A	438	N/A
6/30/2016	900	-12	N/A	267	N/A
3/31/2016	871	2	N/A	58	N/A
12/31/2015	868	68	N/A	505	N/A
9/30/2015	786	30	N/A	625	N/A
6/30/2015	715	22	N/A	342	N/A
3/31/2015	623	11	N/A	241	N/A
12/31/2014	455	-18	N/A	-96	N/A
9/30/2014	337	-4	N/A	57	N/A
6/30/2014	236	-18	N/A	227	N/A
3/31/2014	171	-24	N/A	265	N/A
12/31/2013	132	-35	N/A	301	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STEC.F's earnings are forecast to decline over the next 3 years (-3% per year).

Earnings vs Market: STEC.F's earnings are forecast to decline over the next 3 years (-3% per year).

High Growth Earnings: STEC.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: STEC.F's revenue (25.3% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: STEC.F's revenue (25.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STEC.F's Return on Equity is forecast to be low in 3 years time (8%).

Scatec Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Scatec ASA Provides Proportionate Power Production Guidance for the Year 2024

Scatec ASA Provides Production Guidance for the Year 2024

Scatec ASA Provides Power Production Guidance for the First Quarter 2024

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2022

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2021

Recent updates

Scatec ASA, Annual General Meeting, Apr 24, 2025

Scatec ASA to Report Q3, 2025 Results on Oct 30, 2025

STANLIB Infrastructure Private Equity Fund 1 a fund managed by STANLIB Asset Management (Pty) Limited completed the acquisition of an unknown minority stake in Kalkbult, Linde, and Dreunberg solar power plants in South Africa from Scatec ASA (OB:SCATC).

Scatec ASA Provides Proportionate Power Production Guidance for the Year 2024

Fortis Green Fund I Rwanda Holdings Ltd, a fund managed by Fortis Green Renewables Investment Management and Axian Energy Green Ltd completed the acquisition of 54% stake in 8.5 MW Agahozo-Shalom Youth Village Solar Power Plant in Rwanda from Scatec ASA (OB:SCATC).

TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC), Norfund and British International Investment plc.

TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC).

Scatec ASA (OB:SCATC) commences an Equity Buyback Plan for 2,801,451 shares, representing 1.76% of its issued share capital, under the authorization approved on April 18, 2024.

Scatec ASA Provides Production Guidance for the Year 2024

Scatec ASA Provides Power Production Guidance for the First Quarter 2024

Globeleq Generation Limited acquired 52.5% stake in 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC).

Scatec ASA to Report Q4, 2024 Results on Jan 31, 2025

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) reached an agreement to acquire 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Globeleq Generation Limited signed an agreement to acquire 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC) for $8.5 million.

Scatec Asa Proposes Dividend for 2022, Payable Prior to 15 May 2023

Scatec ASA Announces Mikkel Tørud Steps into New Role as EVP Green Hydrogen and Middle East and North Africa Region

Scatec ASA Announces Chief Financial Officer Changes, Effective March 1, 2023

Scatec ASA to Report First Half, 2023 Results on Aug 18, 2023

Scatec ASA Announces CFO Mikkel Tørud Will Take on A New Executive Management Role in the New Organization

Scatec ASA(OB:SCATC) dropped from Oslo OBX Total Return Index

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2022

Scatec ASA Announces Executive Changes

Scatec ASA Proposes Dividend for 2021, Payable Prior to 15 May 2022

Scatec ASA Announces CEO Changes, Effective May 1, 2022

Scatec ASA Proposes Cash Dividend for 2021, Payable Prior to 15 May 2022

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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