Meikles Past Earnings Performance

Past criteria checks 5/6

Meikles has been growing earnings at an average annual rate of 118.4%, while the Consumer Retailing industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 113.2% per year. Meikles's return on equity is 34.1%, and it has net margins of 2.9%.

Key information

118.4%

Earnings growth rate

n/a

EPS growth rate

Consumer Retailing Industry Growth	39.2%
Revenue growth rate	113.2%
Return on equity	34.1%
Net Margin	2.9%
Last Earnings Update	29 Feb 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Meikles makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ZMSE:MEIK Revenue, expenses and earnings (ZWL Millions)
Date	Revenue	Earnings	G+A Expenses
29 Feb 24	10,447,654	300,308	137,551
31 Aug 23	804,628	1,427	11,846
28 Feb 23	5,645,975	49,982	70,057
30 Sep 22	119,273	-1,266	804
30 Jun 22	92,628	458	804
31 Mar 22	191,734	6,188	2,335
31 Dec 21	150,638	5,347	1,406
30 Sep 21	109,542	4,505	477
30 Jun 21	79,324	2,271	477
31 Mar 21	49,106	37	477
31 Dec 20	40,092	732	1,808
30 Sep 20	31,077	1,426	3,138
30 Jun 20	29,358	1,959	3,138
31 Mar 20	27,639	2,492	3,138
31 Dec 19	23,301	2,007	1,985
30 Sep 19	18,963	1,522	832
30 Jun 19	13,624	861	832
31 Mar 19	8,285	201	832
31 Dec 18	50,179	3	11,963
30 Sep 18	92,073	-195	23,094
30 Jun 18	132,294	-312	23,094
31 Mar 18	172,515	-429	23,094
31 Dec 17	164,579	-829	11,199
30 Sep 17	156,644	-1,078	22,227
30 Jun 17	152,114	-1,559	22,227
31 Mar 17	147,584	-2,040	22,227
31 Dec 16	146,976	-3,754	22,174
30 Sep 16	146,369	-5,365	21,950
30 Jun 16	146,335	-6,882	21,950
31 Mar 16	146,301	-8,400	21,950
31 Dec 15	144,550	-10,992	21,859
30 Sep 15	142,798	-14,660	21,767
30 Jun 15	138,480	-12,924	21,835
31 Mar 15	133,305	-11,109	21,767
31 Dec 14	129,584	-6,200	20,743
30 Sep 14	125,862	-1,292	19,718
30 Jun 14	124,940	4,907	19,724
31 Mar 14	124,324	11,137	19,779
31 Dec 13	147,329	14,162	22,707

Quality Earnings: MEIK has a high level of non-cash earnings.

Growing Profit Margin: MEIK's current net profit margins (2.9%) are higher than last year (0.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MEIK's earnings have grown significantly by 118.4% per year over the past 5 years.

Accelerating Growth: MEIK's earnings growth over the past year (500.8%) exceeds its 5-year average (118.4% per year).

Earnings vs Industry: MEIK earnings growth over the past year (500.8%) exceeded the Consumer Retailing industry 11.8%.

Return on Equity

High ROE: MEIK's Return on Equity (34.1%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 21:49
End of Day Share Price	2024/11/26 00:00
Earnings	2024/02/29
Annual Earnings	2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meikles Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Addmore Chakurira	Momentum Securities (Pty) Ltd