Exel Composites Oyj (HEL:EXEL) just released its third-quarter report and things are looking bullish. It was a solid earnings report, with revenues and statutory earnings per share (EPS) both coming in strong. Revenues were 18% higher than the analyst had forecast, at €38m, while EPS were €0.37 beating analyst models by 147%. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the current consensus from Exel Composites Oyj’s lone analyst is for revenues of €164.7m in 2027. This would reflect a sizeable 25% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 54% to €1.09. Yet prior to the latest earnings, the analyst had been anticipated revenues of €164.7m and earnings per share (EPS) of €1.09 in 2027. So it’s pretty clear that, although the analyst has updated their estimates, there’s been no major change in expectations for the business following the latest results.
Check out our latest analysis for Exel Composites Oyj
The analyst reconfirmed their price target of €18.00, showing that the business is executing well and in line with expectations.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. For example, we noticed that Exel Composites Oyj’s rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 19% growth to the end of 2027 on an annualised basis. That is well above its historical decline of 5.6% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 6.7% per year. So it looks like Exel Composites Oyj is expected to grow faster than its competitors, at least for a while.
The Bottom Line
The most obvious conclusion is that there’s been no major change in the business’ prospects in recent times, with the analyst holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company’s earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
Plus, you should also learn about the 2 warning signs we’ve spotted with Exel Composites Oyj .
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Discover if Exel Composites Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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