DRB-HICOM Berhad Future Growth

Future criteria checks 4/6

DRB-HICOM Berhad is forecast to grow earnings and revenue by 34.3% and 6.3% per annum respectively. EPS is expected to grow by 34.2% per annum. Return on equity is forecast to be 3.6% in 3 years.

Key information

34.3%

Earnings growth rate

34.2%

EPS growth rate

Auto earnings growth	9.1%
Revenue growth rate	6.3%
Future return on equity	3.6%
Analyst coverage	Low
Last updated	05 Nov 2024

Recent future growth updates

Recent updates

There's No Escaping DRB-HICOM Berhad's (KLSE:DRBHCOM) Muted Earnings Despite A 31% Share Price Rise

Dec 22

DRB-HICOM Berhad (KLSE:DRBHCOM) Seems To Be Using A Lot Of Debt

Dec 19

DRB-HICOM Berhad (KLSE:DRBHCOM) Will Pay A Dividend Of RM0.02

May 02

Robust Earnings May Not Tell The Whole Story For DRB-HICOM Berhad (KLSE:DRBHCOM)

Jun 07

DRB-HICOM Berhad (KLSE:DRBHCOM) Has A Somewhat Strained Balance Sheet

May 22

The Case For DRB-HICOM Bhd. (KLSE:DRBHCOM): Could It Be A Nice Addition To Your Dividend Portfolio?

Apr 29

We Like These Underlying Trends At DRB-HICOM Bhd (KLSE:DRBHCOM)

Mar 16

Earnings Update: DRB-HICOM Bhd. (KLSE:DRBHCOM) Just Reported And Analysts Are Boosting Their Estimates

Feb 26

Could The DRB-HICOM Berhad (KLSE:DRBHCOM) Ownership Structure Tell Us Something Useful?

Jan 26

Here's What We Learned About The CEO Pay At DRB-HICOM Berhad (KLSE:DRBHCOM)

Dec 23

What DRB-HICOM Berhad's (KLSE:DRBHCOM) Returns On Capital Can Tell Us

Nov 26

Earnings and Revenue Growth Forecasts

KLSE:DRBHCOM - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,545	434	N/A	N/A	3
12/31/2025	17,573	359	1,043	1,543	4
12/31/2024	16,463	253	-666	-166	4
6/30/2024	15,857	172	557	1,635	N/A
3/31/2024	16,080	223	1,122	2,218	N/A
12/31/2023	15,851	239	2,653	4,064	N/A
9/30/2023	16,429	112	770	1,924	N/A
6/30/2023	16,973	186	2,233	3,421	N/A
3/31/2023	16,546	321	1,377	2,519	N/A
12/31/2022	15,512	188	-651	245	N/A
9/30/2022	15,289	405	822	1,626	N/A
6/30/2022	12,868	82	482	1,249	N/A
3/31/2022	11,936	-305	954	1,693	N/A
12/31/2021	12,378	-296	-278	424	N/A
9/30/2021	13,104	572	-1,925	-1,092	N/A
6/30/2021	14,548	799	-2,620	-1,792	N/A
3/31/2021	13,930	710	-2,859	-1,905	N/A
12/31/2020	13,156	554	609	1,500	N/A
12/31/2019	13,331	-290	-852	182	N/A
9/30/2019	13,670	287	-988	210	N/A
6/30/2019	13,259	236	-1,908	-751	N/A
3/31/2019	11,621	45	-1,845	-763	N/A
12/31/2018	11,989	-64	-266	745	N/A
9/30/2018	11,719	-207	1,740	2,670	N/A
6/30/2018	11,776	547	889	1,659	N/A
3/31/2018	12,251	430	N/A	1,231	N/A
12/31/2017	12,753	160	N/A	1,094	N/A
9/30/2017	13,284	582	N/A	-298	N/A
6/30/2017	12,687	-470	N/A	-721	N/A
3/31/2017	12,058	-457	N/A	232	N/A
12/31/2016	11,210	-918	N/A	-852	N/A
9/30/2016	11,114	-1,456	N/A	170	N/A
6/30/2016	11,723	-1,142	N/A	1,123	N/A
3/31/2016	12,173	-993	N/A	-101	N/A
12/31/2015	12,750	-112	N/A	-264	N/A
9/30/2015	12,943	83	N/A	-1,111	N/A
6/30/2015	12,913	173	N/A	-777	N/A
3/31/2015	13,688	300	N/A	883	N/A
12/31/2014	14,646	377	N/A	1,184	N/A
9/30/2014	14,446	515	N/A	-176	N/A
6/30/2014	14,871	560	N/A	-74	N/A
3/31/2014	14,201	462	N/A	-1,549	N/A
12/31/2013	13,394	366	N/A	1,931	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DRBHCOM's forecast earnings growth (34.3% per year) is above the savings rate (3.6%).

Earnings vs Market: DRBHCOM's earnings (34.3% per year) are forecast to grow faster than the MY market (10.5% per year).

High Growth Earnings: DRBHCOM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DRBHCOM's revenue (6.3% per year) is forecast to grow faster than the MY market (6.1% per year).

High Growth Revenue: DRBHCOM's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DRBHCOM's Return on Equity is forecast to be low in 3 years time (3.6%).

DRB-HICOM Berhad Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 19%

Price target decreased by 13% to RM1.48

Price target increased to RM1.85

Price target decreased to RM1.92

Price target decreased to RM1.92

Price target decreased to RM2.03

Recent updates

Is DRB-HICOM Berhad (KLSE:DRBHCOM) A Risky Investment?

Consensus EPS estimates fall by 19%

What Does DRB-HICOM Berhad's (KLSE:DRBHCOM) Share Price Indicate?

Price target decreased by 13% to RM1.48

Second quarter 2024 earnings released: RM0.009 loss per share (vs RM0.017 profit in 2Q 2023)

Investors Will Want DRB-HICOM Berhad's (KLSE:DRBHCOM) Growth In ROCE To Persist

Upcoming dividend of RM0.025 per share

Full year 2023 earnings: EPS misses analyst expectations

Dividend increased to RM0.025

DRB-HICOM Berhad, Annual General Meeting, May 28, 2024

DRB-HICOM Berhad Recommends Final Dividend for the Financial Year Ended 31 December 2023

DRB-HICOM Berhad Recommends Final Dividend for the Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: RM0.12 (vs RM0.097 in FY 2022)

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: RM0.037 (vs RM0.074 in 3Q 2022)

Is Now An Opportune Moment To Examine DRB-HICOM Berhad (KLSE:DRBHCOM)?

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: RM0.017 (vs RM0.088 in 2Q 2022)

DRB-HICOM Berhad Approves Final Dividend for the Financial Year December 31, 2022

Upcoming dividend of RM0.02 per share at 1.5% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment deteriorates as stock falls 16%

Is DRB-HICOM Berhad (KLSE:DRBHCOM) Potentially Undervalued?

Full year 2022 earnings released: EPS: RM0.097 (vs RM0.15 loss in FY 2021)

Price target increased to RM1.85

There's No Escaping DRB-HICOM Berhad's (KLSE:DRBHCOM) Muted Earnings Despite A 31% Share Price Rise

DRB-HICOM Berhad (KLSE:DRBHCOM) Seems To Be Using A Lot Of Debt

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: RM0.075 (vs RM0.093 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: RM0.088 (vs RM0.11 loss in 2Q 2021)

DRB-HICOM Berhad Announces Redesignation from Group Director, Finance to Group Chief Financial Officer, Effective August 16, 2022

Upcoming dividend of RM0.02 per share

Full year 2021 earnings: EPS misses analyst expectations

DRB-HICOM Berhad (KLSE:DRBHCOM) Will Pay A Dividend Of RM0.02

DRB-HICOM Berhad, Annual General Meeting, Jun 22, 2022

Price target decreased to RM1.92

Price target decreased to RM1.92

DRB-HICOM Berhad Recommends Final Dividend for the Financial Year Ended December 31, 2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

DRB-HICOM Berhad Announces Redesignation of Datuk Ooi Teik Huat as Non Independent and Non Executive Director, Effective March 1, 2022

Third quarter 2021 earnings released: RM0.093 loss per share (vs RM0.51 profit in 3Q 2020)

Price target decreased to RM2.03

Second quarter 2021 earnings released: RM0.11 loss per share (vs RM0.14 profit in 2Q 2020)

Group Director of Financial Services & Member of Management Board Amalanathan Thomas has left the company

Upcoming dividend of RM0.02 per share

Robust Earnings May Not Tell The Whole Story For DRB-HICOM Berhad (KLSE:DRBHCOM)

Consensus EPS estimates fall to RM0.095

Chief Executive Officer of Pos Malaysia Berhad Md Bin Syed Md Noor has left the company

First quarter 2021 earnings released: RM0.009 loss per share (vs RM0.14 profit in 1Q 2020)

Price target decreased to RM2.23

DRB-HICOM Berhad (KLSE:DRBHCOM) Has A Somewhat Strained Balance Sheet

Full year 2020 earnings released: EPS RM0.29 (vs RM0.15 loss in FY 2019)

The Case For DRB-HICOM Bhd. (KLSE:DRBHCOM): Could It Be A Nice Addition To Your Dividend Portfolio?

We Like These Underlying Trends At DRB-HICOM Bhd (KLSE:DRBHCOM)

Full year 2020 earnings released: EPS RM0.29 (vs RM0.15 loss in FY 2019)

Earnings Update: DRB-HICOM Bhd. (KLSE:DRBHCOM) Just Reported And Analysts Are Boosting Their Estimates

New 90-day low: RM1.75

Could The DRB-HICOM Berhad (KLSE:DRBHCOM) Ownership Structure Tell Us Something Useful?

New 90-day low: RM1.82

Here's What We Learned About The CEO Pay At DRB-HICOM Berhad (KLSE:DRBHCOM)

New 90-day high: RM2.16

Analysts lower EPS estimates to -RM0.084

What DRB-HICOM Berhad's (KLSE:DRBHCOM) Returns On Capital Can Tell Us

New 90-day low: RM1.90

New 90-day high: RM2.15

Analysts lower EPS estimates to -RM0.067

DRB-HICOM Berhad to Report Q2, 2020 Results on Aug 28, 2020

New 90-day high - RM2.06

DRB-HICOM Bhd. (KLSE:DRBHCOM) completed the acquisition of remaining 49% stake in Media City Ventures SDN BHD from Enigma Permata Sdn Bhd.