Raubex Group Future Growth

Future criteria checks 2/6

Raubex Group is forecast to grow earnings and revenue by 13.6% and 11% per annum respectively while EPS is expected to grow by 14.5% per annum.

Key information

13.6%

Earnings growth rate

14.5%

EPS growth rate

Construction earnings growth	17.1%
Revenue growth rate	11.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	11 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

JSE:RBX - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
2/28/2027	25,825	1,402	1,947	2,676	2
2/28/2026	23,382	1,207	1,405	2,417	2
2/28/2025	20,473	1,050	1,229	2,149	2
8/31/2024	19,934	1,014	811	2,273	N/A
5/31/2024	18,680	931	296	1,877	N/A
2/29/2024	17,425	848	-219	1,481	N/A
11/30/2023	16,901	803	-142	1,586	N/A
8/31/2023	16,376	759	-65	1,691	N/A
5/31/2023	15,842	732	187	1,641	N/A
2/28/2023	15,307	704	438	1,591	N/A
11/30/2022	14,137	648	219	1,197	N/A
8/31/2022	12,967	591	-1	802	N/A
5/31/2022	12,273	573	-65	684	N/A
2/28/2022	11,578	554	-130	566	N/A
11/30/2021	11,237	506	-7	609	N/A
8/31/2021	10,896	458	115	652	N/A
5/31/2021	9,871	308	409	886	N/A
2/28/2021	8,846	158	703	1,120	N/A
11/30/2020	8,561	124	494	1,005	N/A
8/31/2020	8,275	89	285	889	N/A
5/31/2020	8,505	171	147	740	N/A
2/29/2020	8,735	252	9	590	N/A
11/30/2019	8,585	181	181	656	N/A
8/31/2019	8,434	110	354	722	N/A
5/31/2019	8,477	84	275	669	N/A
2/28/2019	8,519	58	195	616	N/A
11/30/2018	8,438	152	255	659	N/A
8/31/2018	8,358	246	316	701	N/A
5/31/2018	8,450	335	N/A	774	N/A
2/28/2018	8,542	424	N/A	846	N/A
11/30/2017	8,726	396	N/A	886	N/A
8/31/2017	8,910	369	N/A	925	N/A
5/31/2017	8,958	371	N/A	955	N/A
2/28/2017	9,006	372	N/A	984	N/A
11/30/2016	8,904	429	N/A	971	N/A
8/31/2016	8,802	486	N/A	958	N/A
5/31/2016	8,364	466	N/A	888	N/A
2/29/2016	7,926	445	N/A	817	N/A
11/30/2015	7,666	428	N/A	616	N/A
8/31/2015	7,407	410	N/A	415	N/A
5/31/2015	7,326	405	N/A	500	N/A
2/28/2015	7,245	400	N/A	585	N/A
11/30/2014	7,037	384	N/A	673	N/A
8/31/2014	6,829	368	N/A	761	N/A
5/31/2014	6,577	362	N/A	685	N/A
2/28/2014	6,325	356	N/A	610	N/A
11/30/2013	6,186	328	N/A	609	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBX's forecast earnings growth (13.6% per year) is above the savings rate (9.7%).

Earnings vs Market: RBX's earnings (13.6% per year) are forecast to grow slower than the ZA market (19.7% per year).

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

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

High Growth Revenue: RBX'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: Insufficient data to determine if RBX's Return on Equity is forecast to be high in 3 years time

Raubex Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased to R43.35

Price target increased to R43.70

Raubex Group Limited Provides Earnings Guidance for the Six Months Ended 31 August 2021

Price target increased to R39.08

Price target raised to R30.15

Recent updates

Raubex Group Limited to Report First Half, 2025 Results on Nov 11, 2024

Non-Executive Chairman recently sold R8.5m worth of stock

Investor sentiment improves as stock rises 18%

Final dividend increased to R0.92

Full year 2024 earnings: EPS exceeds analyst expectations

Raubex Group Limited to Report Fiscal Year 2024 Results on May 13, 2024

Raubex Group Limited, Annual General Meeting, Jul 26, 2024

Raubex Group Limited Announces Changes to Board Committees

Upcoming dividend of R0.63 per share at 4.7% yield

First half 2024 earnings released: EPS: R1.93 (vs R1.62 in 1H 2023)

Now 24% undervalued after recent price drop

Raubex Group Limited Announces Board Changes

Investor sentiment improves as stock rises 16%

Now 21% undervalued

Now 23% undervalued

New minor risk - Insider selling

Executive Director recently sold R3.7m worth of stock

Investor sentiment improves as stock rises 19%

Executive Director recently bought R161k worth of stock

Raubex Group Limited Appoints Modi Hlobo as Independent Non-Executive Director of the Board

Upcoming dividend of R0.76 per share at 5.0% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Raubex Group Limited Declares Final Cash Dividend for the Year Ended 28 February 2023, Payable on June 5, 2023

Less than half of directors are independent

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 16%

Public Investment Corporation Limited acquired additional unknown minority stake in Raubex Group Limited (JSE:RBX).

Investor sentiment deteriorated over the past week

Upcoming dividend of R0.53 per share

Price target decreased to R43.35

Less than half of directors are independent

First half 2023 earnings released: EPS: R1.62 (vs R1.41 in 1H 2022)

Raubex Group Limited, Annual General Meeting, Jul 28, 2023

Non-Executive Deputy Chairman recently sold R11m worth of stock

Raubex Group Limited, Annual General Meeting, Aug 05, 2022

Upcoming dividend of R0.54 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to R43.70

Less than half of directors are independent

Public Investment Corporation Limited acquired an unknown additional stake in Raubex Group Limited (JSE : RBX).

Raubex Group Limited to Report Fiscal Year 2022 Results on May 16, 2022

Upcoming dividend of R0.47 per share

First half 2022 earnings released: EPS R1.41 (vs R0.25 loss in 1H 2021)

Truffle Asset Management (Pty) Ltd acquired 5.47% stake in Raubex Group Limited (JSE:RBX).

Investor sentiment improved over the past week

Raubex Group Limited Provides Earnings Guidance for the Six Months Ended 31 August 2021

CEO & Executive Director exercised options to buy R4.5m worth of stock.

CEO & Executive Director recently sold R32m worth of stock

Financial Director & Executive Director has left the company

Price target increased to R39.08

Investor sentiment improved over the past week

Upcoming dividend of R0.29 per share

Full year 2021 earnings released: EPS R0.87 (vs R1.39 in FY 2020)

Raubex Group Limited Announces Resignation of James Gibson as Financial Director, Effective 31 May 2021

New 90-day high: R25.51

Price target raised to R30.15

New 90-day high: R25.32

Market bids up stock over the past week

Raubex Group Limited Receives Notification of Significant Contract Awards

First half 2021 earnings released: R0.25 loss per share

Revenue beats expectations, earnings disappoint

Market pulls back on stock over the past week

Market pulls back on stock over the past week

New 90-day low: R18.48

New 90-day low - R20.43

Raubex Group Limited to Report First Half, 2021 Results on Nov 09, 2020

Raubex Group Limited Omits Final Dividend for the Year Ended February 29, 2020

Old Mutual Limited (JSE:OMU) acquired an unknown stake in Raubex Group Limited (JSE:RBX).

New 90-day high - R25.30

Earnings and Revenue Growth Forecasts