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In December 2017, Caisse régionale de Crédit Agricole Nord de France (ENXTPA:CNF) announced its latest earnings update, which revealed that the business experienced a strong tailwind, leading to a double-digit earnings growth of 10.64%. Below, I’ve presented key growth figures on how market analysts perceive Caisse régionale de Crédit Agricole Nord de France’s earnings growth trajectory over the next couple of years and whether the future looks even brighter than the past. I will be looking at earnings excluding extraordinary items to exclude one-off activities to get a better understanding of the underlying drivers of earnings. Check out our latest analysis for Caisse régionale de Crédit Agricole Nord de France
Market analysts’ prospects for next year seems optimistic, with earnings expanding by a robust 12.39%. This growth seems to continue into the following year with rates arriving at double digit 22.43% compared to today’s earnings, and finally hitting €209.96M by 2021.
Even though it is informative understanding the growth each year relative to today’s level, it may be more beneficial evaluating the rate at which the earnings are rising or falling every year, on average. The benefit of this technique is that we can get a better picture of the direction of Caisse régionale de Crédit Agricole Nord de France’s earnings trajectory over the long run, irrespective of near term fluctuations, which may be more relevant for long term investors. To compute this rate, I’ve appended 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 9.05%. This means, we can presume Caisse régionale de Crédit Agricole Nord de France will grow its earnings by 9.05% every year for the next couple of years.
Next Steps:
For Caisse régionale de Crédit Agricole Nord de France, I’ve put together three fundamental factors 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 CNF 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 CNF 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 CNF? 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.