Altron Future Growth

Future criteria checks 2/6

Altron is forecast to grow earnings and revenue by 6.7% and 7.6% per annum respectively. EPS is expected to grow by 6.6% per annum. Return on equity is forecast to be 246% in 3 years.

Key information

6.7%

Earnings growth rate

6.6%

EPS growth rate

IT earnings growth	14.4%
Revenue growth rate	7.6%
Future return on equity	246.0%
Analyst coverage	Low
Last updated	06 Jun 2024

Recent future growth updates

Recent updates

We Discuss Why Allied Electronics Corporation Limited's (JSE:AEL) CEO Compensation May Be Closely Reviewed

Jul 21

There May Be Reason For Hope In Allied Electronics' (JSE:AEL) Disappointing Earnings

May 23

Need To Know: Allied Electronics Corporation Limited (JSE:AEL) Insiders Have Been Selling Shares

Mar 18

How Does Allied Electronics' (JSE:AEL) CEO Salary Compare to Peers?

Dec 16

How Many Allied Electronics Corporation Limited (JSE:AEL) Shares Have Insiders Sold, In The Last Year?

Dec 03

With EPS Growth And More, Allied Electronics (JSE:AEL) Is Interesting

Nov 19

Earnings and Revenue Growth Forecasts

JSE:AEL - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
2/28/2027	10,583	N/A	420	1,286	1
2/28/2026	9,364	490	316	1,077	2
2/28/2025	8,563	336	301	957	2
2/29/2024	8,341	433	828	1,395	N/A
11/30/2023	8,531	365	751	1,303	N/A
8/31/2023	9,742	135	674	1,210	N/A
5/31/2023	9,657	135	664	1,168	N/A
2/28/2023	8,549	296	653	1,126	N/A
11/30/2022	8,443	237	594	1,026	N/A
8/31/2022	8,336	177	534	926	N/A
5/31/2022	8,164	125	494	888	N/A
2/28/2022	7,991	73	453	849	N/A
11/30/2021	7,933	129	1,068	1,548	N/A
8/31/2021	7,874	184	1,682	2,246	N/A
5/31/2021	7,717	146	1,518	2,042	N/A
2/28/2021	7,559	108	1,354	1,838	N/A
11/30/2020	5,608	-15	N/A	N/A	N/A
8/31/2020	3,657	-138	880	1,347	N/A
5/31/2020	5,564	6	856	1,322	N/A
2/29/2020	7,470	150	832	1,297	N/A
11/30/2019	11,375	393	N/A	N/A	N/A
8/31/2019	15,280	636	107	620	N/A
5/31/2019	15,579	646	320	813	N/A
2/28/2019	15,878	655	532	1,006	N/A
11/30/2018	15,894	583	592	1,014	N/A
8/31/2018	15,910	510	651	1,022	N/A
5/31/2018	15,347	457	415	868	N/A
2/28/2018	14,784	404	178	713	N/A
11/30/2017	13,966	390	N/A	550	N/A
8/31/2017	13,147	376	N/A	387	N/A
5/31/2017	13,520	386	N/A	241	N/A
2/28/2017	13,892	395	N/A	94	N/A
11/30/2016	14,470	419	N/A	393	N/A
8/31/2016	15,047	442	N/A	691	N/A
5/31/2016	14,702	398	N/A	1,024	N/A
2/29/2016	14,357	354	N/A	1,357	N/A
8/31/2015	7,435	332	N/A	1,269	N/A
5/31/2015	9,725	397	N/A	1,351	N/A
2/28/2015	12,014	461	N/A	1,432	N/A
8/31/2014	20,328	413	N/A	1,066	N/A
5/31/2014	21,337	432	N/A	999	N/A
2/28/2014	22,345	450	N/A	931	N/A
8/31/2013	25,407	867	N/A	1,180	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AEL's forecast earnings growth (6.7% per year) is below the savings rate (9.6%).

Earnings vs Market: AEL's earnings (6.7% per year) are forecast to grow slower than the ZA market (19.3% per year).

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

Revenue vs Market: AEL's revenue (7.6% per year) is forecast to grow faster than the ZA market (3.4% per year).

High Growth Revenue: AEL's revenue (7.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AEL's Return on Equity is forecast to be very high in 3 years time (246%).

Altron Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Altron Limited Updates Earnings Guidance for the Year Ended 29 February 2024

Altron Limited Provides Earnings Guidance for the First Half of Fiscal Year 2024

Altron Limited Provides Earnings Guidance for the Six Months Ending 31 August 2023

Recent updates

Altron Limited's (JSE:AEL) Shares Climb 26% But Its Business Is Yet to Catch Up

New minor risk - Share price stability

Altron Limited, Annual General Meeting, Jul 31, 2024

Is Altron (JSE:AEL) Using Too Much Debt?

Now 26% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Altron (JSE:AEL) Is Increasing Its Dividend To ZAR0.33

Final dividend increased to R0.33

Full year 2024 earnings released: EPS: R1.08 (vs R0.36 in FY 2023)

Altron Limited Updates Earnings Guidance for the Year Ended 29 February 2024

Altron Limited Provides Earnings Guidance for the First Half of Fiscal Year 2024

Altron Limited to Report Fiscal Year 2024 Results on May 20, 2024

Upcoming dividend of R0.25 per share at 3.5% yield

First half 2024 earnings released: EPS: R0.38 (vs R0.38 in 1H 2023)

Altron Limited Announces Interim Dividend for the Six Months Ended 31 August 2023, Payable on 4 December 2023

Independent Non-Executive Director recently bought R158k worth of stock

Altron Limited Provides Earnings Guidance for the Six Months Ending 31 August 2023

Altron Limited, Annual General Meeting, Jul 27, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of R0.19 per share at 4.8% yield

Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19

Altron Limited Declares Final Dividend for the Financial Year Ended 28 February 2023, Payable on 5 June 2023

Altron Limited Appoints Mbali Ngcobo as Company Secretary

Less than half of directors are independent

Upcoming dividend of R0.16 per share

First half 2023 earnings released: EPS: R0.36 (vs R0.094 in 1H 2022)

Altron Hires Grant Fraser as Managing Director for Subsidiary Netstar

Altron Limited Appoints Collin Govender as its Managing Director of Altron Systems Integration

Altron Limited to Report Q2, 2023 Results on Oct 24, 2022

Altron Limited Appoints Werner Kapp as CEO

Altron Limited, Annual General Meeting, Jul 28, 2022

Is Altron (JSE:AEL) A Risky Investment?

Full year 2022 earnings released: EPS: R0.20 (vs R0.29 in FY 2021)

Upcoming dividend of R0.23 per share

Investor sentiment improved over the past week

Less than half of directors are independent

Altron Limited Announces Executive Changes

Investor sentiment improved over the past week

CEO & Executive Director recently sold R8.1m worth of stock

Upcoming dividend of R0.07 per share

First half 2022 earnings released: EPS R0.094 (vs R0.10 loss in 1H 2021)

Investor sentiment improved over the past week

Independent Non-Executive Director Berenice Francis has left the company

Independent Non-Executive Chairman Michael Leeming has left the company

We Discuss Why Allied Electronics Corporation Limited's (JSE:AEL) CEO Compensation May Be Closely Reviewed

Investor sentiment improved over the past week

CEO & Executive Director recently sold R11m worth of stock

Chief Operating Officer Andrew Holden has left the company

Upcoming dividend of R0.15 per share

There May Be Reason For Hope In Allied Electronics' (JSE:AEL) Disappointing Earnings

Full year 2021 earnings released: EPS R0.23 (vs R1.84 in FY 2020)

Upcoming dividend of R0.96 per share

Need To Know: Allied Electronics Corporation Limited (JSE:AEL) Insiders Have Been Selling Shares

Allied Electronics Corporation Limited Appoints P Mnganga as Member of the Remuneration and Nomination Committee

Allied Electronics Corporation Limited (JSE:AEL) completed the spin-off of Bytes Technology Limited.

Investor sentiment improved over the past week

How Does Allied Electronics' (JSE:AEL) CEO Salary Compare to Peers?

Market pulls back on stock over the past week

New 90-day high: R34.00

How Many Allied Electronics Corporation Limited (JSE:AEL) Shares Have Insiders Sold, In The Last Year?

Allied Electronics Corporation Limited Names Nicole Morgan as Company Secretary with Effect from 1 January 2021

With EPS Growth And More, Allied Electronics (JSE:AEL) Is Interesting

Market bids up stock over the past week

Upcoming Dividend of R0.33 Per Share

Allied Electronics Corporation Limited Announces the Resignation of WK Groenewald as Group Company Secretary

New 90-day high: R26.29

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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