June 10 Rolls-Royce Holdings (LSE: r.) The price of shares reached the highest level of 912.6 pence. Since then, it has dropped a bit, but it cannot be denied that the return of the group after postpandemia was unusual.

It is tough to believe that when the air giant announced his problem with the laws saving life in October 2020-which was priced at 32 pension for the campaign-the market capital was 1.5 billion pounds. Today (June 18) is worth over 75 billion pounds.

I haven’t finished yet

But analysts think there will be more. 12-month price price 920p-2% more than today’s price. The most confident recognizes 28% underestimated by the company.

People evaluating the perspectives of the group are forecasting profit per share (EPS) 37 pence by 2028. This means that shares are currently commercial at 24 -fold forward profits. Although the actions are not low-cost, the valuations at this level are not unusual for a group that grows rapidly.

If “experts” are right, EPS at the base of the EPS will raise by 61% compared to 2024. It would be an impressive average annual growth rate of 17.3% and will facilitate form the basis of above average multiple.

Encouraging that this raise in profit will evenly spread into the three main divisions of the group, and the civil air space will still be the greatest factor. In 2025, it is forecasted that by 2028 it is expected that in the same period defense will fall by 60.8% of the basic operating profit to 61.7%. In the same period, defense will drop by two percentage points, and the power systems will drop just below one point.

Looking to the future

The number of air passengers is expected to raise in the upcoming decades, which should raise the demand for recent engines and raise flying hours. I wonder if we will soon see an update in the earning forecast of the Defense Department, taking into account the promises made by European governments to raise military expenditure.

Much was published about the recent announcement that Rolls-Royce was chosen by the Great British British nuclear to provide three compact modular reactors (SMR)-fabricously built by factory mini nuclear energy-as part of the 2.5 billion pounds program.

The chief director of the group claims that SMRS will “be”Create a significant long -term value“However, the first creation of electricity is not expected only in the mid -1930s. Initially, other foreign possibilities were suggested earlier.

Back to earth

Despite the impressive results of the group, Pandemia reminded us how sensitive her earnings to the deterioration of the air situation are. We hope that we will not experience anything like Covid-19 again, but other problems can reduce the number of aircraft in our sky.

In addition, the company’s dividend delays part of it FTSE 100 peers. Currently brings only 0.7%.

Of course, these forecasts may be incorrect. But the recent results of the group suggest that they are available. Thanks to the long history, Rolls-Royce has a reputation of engineering perfection and operates in three sectors that grow rapidly.

We will know if everything is on the right track, when its six months are announced on July 31, although I mean that any sign of weakness can have a large impact on the price of the group’s shares.

However, in balance I think that Rolls-Royce remains inventory of growth investors.