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:BPP | Babylon Pump & Power | 8217.72 | 36 |
| ASX:K2F | K2FLY | 7152.69 | 42 |
| CNSX:TRUL | Trulieve Cannabis | 6985.79 | 90 |
| ASX:B2Y | Bounty Mining | 5653.13 | 14 |
| ASX:EVE | Eve Investments | 5326.43 | 23 |
Let’s get you setup so you get the most out of our service
Brilliant - You've created a folio! Now let's add some stocks to it.
