Absa Group Limited

JSE:ABG Stock Report

Market Cap: R137.9b

Absa Group Future Growth

Future criteria checks 2/6

Absa Group is forecast to grow earnings and revenue by 14.4% and 11% per annum respectively. EPS is expected to grow by 14.2% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

14.4%

Earnings growth rate

14.2%

EPS growth rate

Banks earnings growth10.1%
Revenue growth rate11.0%
Future return on equity15.5%
Analyst coverage

Good

Last updated11 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

JSE:ABG - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026124,29327,318N/AN/A7
12/31/2025117,12825,160N/AN/A8
12/31/2024109,98121,341N/AN/A7
6/30/202490,86718,944-78,083-70,944N/A
3/31/202489,98719,418-72,607-65,468N/A
12/31/202389,10719,891-67,132-59,993N/A
9/30/202387,06120,282-43,643-39,617N/A
6/30/202385,44920,672-23,479-19,879N/A
3/31/202384,23920,469-35,596-30,854N/A
12/31/202283,02820,265-47,714-41,829N/A
9/30/202282,53020,126-68,045-62,643N/A
6/30/202282,03219,986-88,376-83,458N/A
3/31/202279,68718,875-97,697-93,032N/A
12/31/202177,34217,763-107,018-102,607N/A
9/30/202174,65115,660-111,579-107,446N/A
6/30/202171,86313,557-116,115-112,260N/A
3/31/202166,4469,719-112,163-107,791N/A
12/31/202061,0295,880-108,211-103,322N/A
9/30/202061,7796,49011,15910,556N/A
6/30/202062,5297,10016,14915,778N/A
3/31/202067,41110,67814,92914,744N/A
12/31/201972,29214,25613,70913,709N/A
9/30/201971,85214,28115,61715,641N/A
6/30/201971,41114,30517,52417,572N/A
3/31/201970,78214,11115,70415,728N/A
12/31/201870,15313,91713,88413,884N/A
9/30/201869,06013,8183,8345,402N/A
6/30/201867,96613,718-6,216-3,081N/A
3/31/201867,11713,803N/A-1,807N/A
12/31/201766,26813,888N/A-534N/A
9/30/201765,54814,500N/A5,448N/A
6/30/201764,82815,112N/A11,429N/A
3/31/201764,17314,910N/A13,242N/A
12/31/201663,51714,708N/A15,054N/A
9/30/201663,03914,644N/A-15,124N/A
6/30/201662,56014,580N/A-45,302N/A
3/31/201661,40214,456N/A-46,064N/A
12/31/201560,24314,331N/A-46,827N/A
9/30/201559,41014,076N/A-22,879N/A
6/30/201558,57713,820N/A1,069N/A
3/31/201557,69913,518N/A1,863N/A
12/31/201456,82013,216N/A2,656N/A
9/30/201455,77712,885N/A-21,134N/A
6/30/201454,73412,554N/A-44,924N/A
3/31/201453,54512,268N/A-44,681N/A
12/31/201352,35511,981N/A-44,439N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABG's forecast earnings growth (14.4% per year) is above the savings rate (9.7%).

Earnings vs Market: ABG's earnings (14.4% per year) are forecast to grow slower than the ZA market (21.1% per year).

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

Revenue vs Market: ABG's revenue (11% per year) is forecast to grow faster than the ZA market (3.5% per year).

High Growth Revenue: ABG's revenue (11% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABG's Return on Equity is forecast to be low in 3 years time (15.5%).

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