Sales growth shows the increase in sales over a specific period of time.
The CAGR formula is the following: (current year's value / value 3 years ago) ^ (1/3) - 1
NOTE: If the starting year's figure is zero, the CAGR is not defined.
Sales growth is important because it suggests that demand for a company's products or services will be sustained or increasing in the future.
Growth rates differ by industry and company size. Sales growth of 5-10% is usually considered good for large-cap companies, while for mid-cap and small-cap companies, sales growth of over 10% is more achievable.
It is important to distinguish however between organic sales growth and acquisitive growth, as the former is more sustainable.
| Ticker | Name | Sales 3y CAGR % | StockRank™ |
|---|---|---|---|
| ASX:K2F | K2FLY | 4915.59 | 18 |
| ASX:BPP | Babylon Pump & Power | 4234.18 | 32 |
| OTC:PBYA | Probility Media | 3893.14 | 25 |
| ASX:WSI | Weststar Industrial | 3829.67 | 62 |
| DUS:ILM1 | Medios AG | 3739.82 | 5 |
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