In This Article:
The latest earnings announcement Anton Oilfield Services Group’s (SEHK:3337) released in December 2017 revealed that the business turned profitable again after experiencing losses in the last financial year. Below, I’ve laid out key numbers on how market analysts predict Anton Oilfield Services Group’s earnings growth trajectory over the next few years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in. View our latest analysis for Anton Oilfield Services Group
Analysts’ expectations for next year seems optimistic, with earnings growth more than doubling. Earnings continue to grow strongly in the next couple of years, finally arriving at CN¥399.73M in 2021.
Although it is helpful to be aware of the rate of growth year by year relative to today’s value, it may be more insightful to evaluate the rate at which the business is growing on average every year. The benefit of this technique is that it ignores near term flucuations and accounts for the overarching direction of Anton Oilfield Services Group’s earnings trajectory over time, which may be more relevant for long term investors. To calculate this rate, I put a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is 49.73%. This means that, we can assume Anton Oilfield Services Group will grow its earnings by 49.73% every year for the next couple of years.
Next Steps:
For Anton Oilfield Services Group, I’ve put together three relevant aspects you should further research:
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Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
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Valuation: What is 3337 worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether 3337 is currently mispriced by the market.
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Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of 3337? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.