OCK Group Berhad Future Growth

Future criteria checks 4/6

OCK Group Berhad is forecast to grow earnings and revenue by 26.7% and 13.9% per annum respectively. EPS is expected to grow by 23% per annum. Return on equity is forecast to be 10.1% in 3 years.

Key information

26.7%

Earnings growth rate

23.0%

EPS growth rate

Telecom earnings growth	11.2%
Revenue growth rate	13.9%
Future return on equity	10.1%
Analyst coverage	Low
Last updated	06 Sep 2024

Recent future growth updates

Recent updates

Market Cool On OCK Group Berhad's (KLSE:OCK) Earnings

Jul 12

Shareholders May Not Be So Generous With OCK Group Berhad's (KLSE:OCK) CEO Compensation And Here's Why

May 29

What You Need To Know About The OCK Group Berhad (KLSE:OCK) Analyst Downgrade Today

Nov 25

OCK Group Berhad's (KLSE:OCK) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Feb 22

At RM0.44, Is It Time To Put OCK Group Berhad (KLSE:OCK) On Your Watch List?

Feb 01

Does OCK Group Berhad's (KLSE:OCK) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 12

What Kind Of Investors Own Most Of OCK Group Berhad (KLSE:OCK)?

Dec 21

If You Had Bought OCK Group Berhad's (KLSE:OCK) Shares Three Years Ago You Would Be Down 46%

Dec 02

These 4 Measures Indicate That OCK Group Berhad (KLSE:OCK) Is Using Debt Extensively

Nov 17

Earnings and Revenue Growth Forecasts

KLSE:OCK - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	975	73	N/A	286	1
12/31/2025	848	59	74	217	2
12/31/2024	735	48	99	299	2
6/30/2024	690	35	47	141	N/A
3/31/2024	709	38	67	159	N/A
12/31/2023	723	36	70	167	N/A
9/30/2023	739	38	148	131	N/A
6/30/2023	705	36	56	122	N/A
3/31/2023	669	34	-4	88	N/A
12/31/2022	617	33	-57	30	N/A
9/30/2022	571	30	-89	57	N/A
6/30/2022	528	27	-68	48	N/A
3/31/2022	502	26	16	108	N/A
12/31/2021	488	25	54	168	N/A
9/30/2021	488	27	97	181	N/A
6/30/2021	486	28	157	221	N/A
3/31/2021	478	28	156	236	N/A
12/31/2020	474	27	82	180	N/A
9/30/2020	457	27	77	177	N/A
6/30/2020	471	29	-1	131	N/A
3/31/2020	479	30	-60	69	N/A
12/31/2019	473	29	39	151	N/A
9/30/2019	485	28	-97	114	N/A
6/30/2019	463	27	8	142	N/A
3/31/2019	463	24	-2	136	N/A
12/31/2018	457	24	-63	45	N/A
9/30/2018	464	24	58	71	N/A
6/30/2018	479	23	-82	26	N/A
3/31/2018	483	25	N/A	1	N/A
12/31/2017	492	25	N/A	3	N/A
9/30/2017	458	30	N/A	-45	N/A
6/30/2017	435	28	N/A	-37	N/A
3/31/2017	430	28	N/A	-37	N/A
12/31/2016	402	27	N/A	-31	N/A
9/30/2016	400	26	N/A	-21	N/A
6/30/2016	382	26	N/A	-39	N/A
3/31/2016	338	25	N/A	-37	N/A
12/31/2015	316	25	N/A	-30	N/A
9/30/2015	268	20	N/A	-49	N/A
6/30/2015	232	18	N/A	-26	N/A
3/31/2015	205	16	N/A	-9	N/A
12/31/2014	186	16	N/A	-5	N/A
9/30/2014	176	14	N/A	38	N/A
6/30/2014	168	15	N/A	23	N/A
3/31/2014	158	14	N/A	24	N/A
12/31/2013	152	14	N/A	16	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCK's forecast earnings growth (26.7% per year) is above the savings rate (3.6%).

Earnings vs Market: OCK's earnings (26.7% per year) are forecast to grow faster than the MY market (10.5% per year).

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

Revenue vs Market: OCK's revenue (13.9% per year) is forecast to grow faster than the MY market (6.2% per year).

High Growth Revenue: OCK's revenue (13.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OCK's Return on Equity is forecast to be low in 3 years time (10.1%).

OCK Group Berhad Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Price target decreased by 8.3% to RM0.74

Price target increased by 8.5% to RM0.72

Price target increased by 12% to RM0.60

Price target decreased by 8.5% to RM0.56

Price target increased to RM0.65

Recent updates

Consensus EPS estimates fall by 11%

Price target decreased by 8.3% to RM0.74

Second quarter 2024 earnings released

Market Cool On OCK Group Berhad's (KLSE:OCK) Earnings

Ock Group Berhad Announces Resignation of Rear Admiral (R) Dato' Mohd Som Bin Ibrahim as Non Independent and Non Executive Director

OCK Group Berhad Announces Resignation of Chang Tan Chin as Executive Director

First quarter 2024 earnings released

Shareholders May Not Be So Generous With OCK Group Berhad's (KLSE:OCK) CEO Compensation And Here's Why

OCK Group Berhad, Annual General Meeting, Jun 05, 2024

Upcoming dividend of RM0.01 per share

Price target increased by 8.5% to RM0.72

OCK Group Berhad Announces Dividend Policy

Full year 2023 earnings released: EPS: RM0.037 (vs RM0.031 in FY 2022)

OCK Group Berhad Announces Retirement of Puan Saira Banu Binti Chara Din as Non Independent and Non Executive Alternate Director

Third quarter 2023 earnings released

Price target increased by 12% to RM0.60

Second quarter 2023 earnings released

OCK Group Berhad Announces the Appointment of MR OOI INN HUEI as Executive Director

OCK Group Berhad Announces Resignation of Chong Wai Yew as Executive Director

First quarter 2023 earnings released

Now 20% undervalued after recent price drop

Price target decreased by 8.5% to RM0.56

Full year 2022 earnings released: EPS: RM0.032 (vs RM0.024 in FY 2021)

Price target increased to RM0.65

Third quarter 2022 earnings released

Price target increased to RM0.59

OCK Group Berhad Appoints Puan Saira Banu Binti Chara Din as Non Independent and Non Executive Alternate Director

Second quarter 2022 earnings released

Price target decreased to RM0.49

OCK Group Berhad Announces Resignation of Syed Norulzaman Bin Syed Kamarulzaman as Independent and Non Executive Chairman of Remuneration Committee

Ock Group Berhad Announces the Redesignation of Dato' Syed Norulzaman Bin Syed Kamarulzaman from Independent Director to Non Independent and Non Executive Director

First quarter 2022 earnings: Revenues in line with analyst expectations

Now 21% undervalued after recent price drop

OCK Group Berhad, Annual General Meeting, Jun 27, 2022

Less than half of directors are independent

Price target decreased to RM0.52

Full year 2021 earnings: EPS and revenues miss analyst expectations

Ock Group Berhad Announces Interim Single Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2021, Payable on 25 March 2022

Consensus revenue estimates fall to RM480.4m

Third quarter 2021 earnings: Revenues in line with analyst expectations

What You Need To Know About The OCK Group Berhad (KLSE:OCK) Analyst Downgrade Today

Second quarter 2021 earnings released

OCK Group Berhad (KLSE:OCK) Has A Somewhat Strained Balance Sheet

First quarter 2021 earnings released

Independent & Non-Executive Director has left the company

Why OCK Group Berhad (KLSE:OCK) Could Be Worth Watching

OCK Group Berhad (KLSE:OCK) Could Be Struggling To Allocate Capital

OCK Group Berhad (KLSE:OCK) Takes On Some Risk With Its Use Of Debt

Price target lowered to RM0.57

Full year 2020 earnings released

Revenue and earnings miss expectations

New 90-day high: RM0.53

OCK Group Berhad's (KLSE:OCK) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

At RM0.44, Is It Time To Put OCK Group Berhad (KLSE:OCK) On Your Watch List?

Does OCK Group Berhad's (KLSE:OCK) Statutory Profit Adequately Reflect Its Underlying Profit?

Price target lowered to RM0.60

What Kind Of Investors Own Most Of OCK Group Berhad (KLSE:OCK)?

New 90-day high: RM0.52

If You Had Bought OCK Group Berhad's (KLSE:OCK) Shares Three Years Ago You Would Be Down 46%

These 4 Measures Indicate That OCK Group Berhad (KLSE:OCK) Is Using Debt Extensively

New 90-day low: RM0.42

New 90-day low: RM0.43

New 90-day low - RM0.47

First half earnings released

New 90-day low - RM0.48

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity