African Rainbow Minerals Future Growth
Future criteria checks 3/6
African Rainbow Minerals is forecast to grow earnings and revenue by 11.6% and 20.6% per annum respectively. EPS is expected to grow by 19.9% per annum. Return on equity is forecast to be 12.8% in 3 years.
Key information
11.6%
Earnings growth rate
19.9%
EPS growth rate
| Metals and Mining earnings growth | 29.1% |
| Revenue growth rate | 20.6% |
| Future return on equity | 12.8% |
| Analyst coverage | Low |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost
Apr 19
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture
Mar 16African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year
Mar 15African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger
Feb 06African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement
Dec 29African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Sep 26Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly
Sep 05Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)
Jun 22If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity
Apr 18Is African Rainbow Minerals (JSE:ARI) A Risky Investment?
Apr 04African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital
Mar 09These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well
Dec 25Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist
Nov 08Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts
Sep 15Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)
Sep 07African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Aug 09Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?
Jul 05There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital
May 04African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Apr 16Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?
Mar 27African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency
Jan 27African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Dec 27We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet
Nov 29If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late
Nov 14Why We Like The Returns At African Rainbow Minerals (JSE:ARI)
Oct 17African Rainbow Minerals (JSE:ARI) Could Easily Take On More Debt
Sep 21Here's Why I Think African Rainbow Minerals (JSE:ARI) Might Deserve Your Attention Today
Aug 12The Return Trends At African Rainbow Minerals (JSE:ARI) Look Promising
Jun 14With EPS Growth And More, African Rainbow Minerals (JSE:ARI) Is Interesting
May 13Is African Rainbow Minerals (JSE:ARI) A Risky Investment?
Apr 28African Rainbow Minerals (JSE:ARI) Could Be A Buy For Its Upcoming Dividend
Mar 20Will the Promising Trends At African Rainbow Minerals (JSE:ARI) Continue?
Mar 08How Much Is African Rainbow Minerals Limited (JSE:ARI) CEO Getting Paid?
Feb 23Could African Rainbow Minerals Limited (JSE:ARI) Have The Makings Of Another Dividend Aristocrat?
Feb 10
African Rainbow Minerals (JSE:ARI) Has Rewarded Shareholders With An Exceptional 468% Total Return On Their Investment
Jan 30Is Now The Time To Put African Rainbow Minerals (JSE:ARI) On Your Watchlist?
Jan 18Has African Rainbow Minerals Limited's (JSE:ARI) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 05Is There More To The Story Than African Rainbow Minerals's (JSE:ARI) Earnings Growth?
Dec 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 19,322 | 6,489 | 4,991 | 7,551 | 5 |
| 6/30/2025 | 18,292 | 7,394 | 4,005 | 6,850 | 5 |
| 6/30/2024 | 13,353 | 5,684 | 2,659 | 7,400 | 5 |
| 12/31/2023 | 11,733 | 4,906 | 3,294 | 9,031 | N/A |
| 9/30/2023 | 13,198 | 6,492 | 5,874 | 10,970 | N/A |
| 6/30/2023 | 14,662 | 8,078 | 8,453 | 12,909 | N/A |
| 3/31/2023 | 16,629 | 10,500 | 8,151 | 11,960 | N/A |
| 12/31/2022 | 18,595 | 12,921 | 7,849 | 11,010 | N/A |
| 9/30/2022 | 17,756 | 12,674 | 8,355 | 11,037 | N/A |
| 6/30/2022 | 16,917 | 12,426 | 8,861 | 11,063 | N/A |
| 3/31/2022 | 17,297 | 12,039 | 10,471 | 12,406 | N/A |
| 12/31/2021 | 17,677 | 11,651 | 12,081 | 13,748 | N/A |
| 9/30/2021 | 18,667 | 12,139 | 9,556 | 11,218 | N/A |
| 6/30/2021 | 19,657 | 12,626 | 7,030 | 8,687 | N/A |
| 3/31/2021 | 17,405 | 9,664 | 6,079 | 7,486 | N/A |
| 12/31/2020 | 15,153 | 6,701 | 5,128 | 6,284 | N/A |
| 9/30/2020 | 13,403 | 5,333 | 5,435 | 6,415 | N/A |
| 6/30/2020 | 11,653 | 3,965 | 5,741 | 6,546 | N/A |
| 3/31/2020 | 10,943 | 4,173 | 5,176 | 6,037 | N/A |
| 12/31/2019 | 10,233 | 4,380 | 4,610 | 5,528 | N/A |
| 9/30/2019 | 9,534 | 3,967 | 4,380 | 5,304 | N/A |
| 6/30/2019 | 8,834 | 3,554 | 4,149 | 5,080 | N/A |
| 3/31/2019 | 8,475 | 3,835 | N/A | N/A | N/A |
| 12/31/2018 | 8,115 | 4,115 | 4,009 | 5,061 | N/A |
| 9/30/2018 | 8,129 | 4,431 | 3,587 | 4,688 | N/A |
| 6/30/2018 | 8,142 | 4,747 | 3,164 | 4,314 | N/A |
| 12/31/2017 | 8,156 | 3,551 | 2,339 | 3,402 | N/A |
| 9/30/2017 | 8,157 | 2,491 | N/A | 3,348 | N/A |
| 6/30/2017 | 8,158 | 1,431 | N/A | 3,294 | N/A |
| 12/31/2016 | 8,008 | 2,013 | N/A | 2,050 | N/A |
| 9/30/2016 | 8,086 | 1,606 | N/A | 1,710 | N/A |
| 6/30/2016 | 8,164 | 1,199 | N/A | 1,370 | N/A |
| 3/31/2016 | 8,756 | -1,129 | N/A | 1,764 | N/A |
| 12/31/2015 | 8,766 | -1,693 | N/A | 2,157 | N/A |
| 9/30/2015 | 9,015 | -794 | N/A | 2,757 | N/A |
| 6/30/2015 | 9,263 | 104 | N/A | 3,357 | N/A |
| 3/31/2015 | 9,745 | 1,240 | N/A | 3,519 | N/A |
| 12/31/2014 | 10,227 | 2,376 | N/A | 3,680 | N/A |
| 9/30/2014 | 10,116 | 2,833 | N/A | 3,430 | N/A |
| 6/30/2014 | 10,004 | 3,289 | N/A | 3,179 | N/A |
| 3/31/2014 | 9,190 | 2,616 | N/A | 3,219 | N/A |
| 12/31/2013 | 8,376 | 1,942 | N/A | 3,258 | N/A |
| 9/30/2013 | 7,859 | 1,788 | N/A | 3,024 | N/A |
| 6/30/2013 | 7,342 | 1,634 | N/A | 2,790 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARI's forecast earnings growth (11.6% per year) is above the savings rate (9.5%).
Earnings vs Market: ARI's earnings (11.6% per year) are forecast to grow slower than the ZA market (16.9% per year).
High Growth Earnings: ARI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ARI's revenue (20.6% per year) is forecast to grow faster than the ZA market (3% per year).
High Growth Revenue: ARI's revenue (20.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARI's Return on Equity is forecast to be low in 3 years time (12.8%).