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The latest Sterlite Technologies Limited (NSE: STRTECH) results release announced in March 2019
suggested
that the
business
experimented
a
great
downwind,
leading
at a high double-digit earnings growth of
68%.
I have presented below the key figures of growth
how market badysts
see
From Sterlite Technologies
profit growth
perspective
on the next
little
years and
if the future is even more promising than the past.
I will review earnings excluding exceptional items to exclude one-time activities to better understand the underlying factors of earnings.
Check out our latest badysis for Sterlite Technologies
Analyst Outlook
for
it happens
year seems
optimistic,
with gains
growth
by a robust 10%.
This growth seems to continue the following year with
arrive at
31% at double digits compared to today's revenues, eventually reaching £ 9.6 billion by 2022.
Even if
he is
helpful to be aware
the growth
every year
compared to today
figure
it may be more
perspicacious
determinant
the speed at which the
society is
amount or descendant
on average every year.
L & # 39; benefit
from that
approach
Is
we can get a better idea of the trajectory of Sterlite Technologies' profits in the long term, whatever the short-term fluctuations,
which may be more relevant to long-term investors.
To calculate
this rate,
I inserted
a line of best fit across
the profit forecast by market badysts.
The slope of this line corresponds to the profit growth rate, which is in this case 14%.
It means,
we can
to anticipate
Sterlite Technologies
will increase its revenues by 14% each year
for the next years.
Next steps:
For Sterlite Technologies,
I've compiled
Three
essential
factors
you should
further research:
- Financial health: Does he have a healthy balance sheet? Take a look at our free balance sheet badysis with six simple controls on key factors such as leverage and risk.
- Evaluation: What is STRTECH worth today? Is the stock undervalued even when its growth prospects are embedded in its intrinsic value? The intrinsic value infographic of our free research report helps visualize whether STRTECH is currently misjudged by the market.
- Other high growth alternatives: Are there any other high growth stocks you could hold instead of STRTECH? Explore our interactive list of stocks with high growth potential to get an idea of what you may be missing!
Our goal is to provide you with a long-term research badysis based on fundamental data. Note that our badysis may not take into account the latest price sensitive business announcements or qualitative information.
If you notice an error that needs to be corrected, please contact the publisher at [email protected]. This article from Simply Wall St is of a general nature. This is not a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. Simply Wall St has no position on the actions mentioned. Thanks for the reading.
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