Siam Cement Future Growth

Future criteria checks 4/6

Siam Cement is forecast to grow earnings and revenue by 53% and 7.2% per annum respectively. EPS is expected to grow by 54.8% per annum. Return on equity is forecast to be 5.2% in 3 years.

Key information

53.0%

Earnings growth rate

54.8%

EPS growth rate

Basic Materials earnings growth	12.3%
Revenue growth rate	7.2%
Future return on equity	5.2%
Analyst coverage	Good
Last updated	27 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:TCM1 - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	595,206	22,441	16,649	53,650	15
12/31/2025	558,498	16,345	5,659	40,038	18
12/31/2024	525,241	9,660	-20,223	42,090	18
9/30/2024	501,278	5,720	-4,421	26,305	N/A
6/30/2024	498,727	7,440	-738	32,864	N/A
3/31/2024	495,163	11,814	1,304	34,918	N/A
12/31/2023	499,646	25,915	10,057	44,008	N/A
9/30/2023	501,217	27,207	16,072	51,233	N/A
6/30/2023	517,960	27,209	3,992	39,144	N/A
3/31/2023	545,864	29,065	-5,103	33,004	N/A
12/31/2022	569,609	21,382	-10,212	29,719	N/A
9/30/2022	590,085	29,532	-25,549	19,017	N/A
6/30/2022	579,518	33,905	-21,637	28,683	N/A
3/31/2022	560,539	41,104	-20,896	35,362	N/A
12/31/2021	530,112	47,174	-21,678	38,800	N/A
9/30/2021	484,697	46,915	-14,150	49,031	N/A
6/30/2021	453,809	49,839	-3,932	58,070	N/A
3/31/2021	416,265	42,087	11,831	67,929	N/A
12/31/2020	399,939	34,144	17,456	70,415	N/A
9/30/2020	408,866	33,201	13,363	65,272	N/A
6/30/2020	418,257	29,664	11,854	63,986	N/A
3/31/2020	431,342	27,323	4,821	57,299	N/A
12/31/2019	437,980	32,014	10,402	59,817	N/A
9/30/2019	449,026	35,378	12,279	55,806	N/A
6/30/2019	461,214	38,646	10,115	53,163	N/A
3/31/2019	472,566	44,004	20,873	58,464	N/A
12/31/2018	478,438	44,748	27,113	61,687	N/A
9/30/2018	474,615	46,848	34,492	64,932	N/A
6/30/2018	464,525	49,211	N/A	67,013	N/A
3/31/2018	452,904	50,062	N/A	64,139	N/A
12/31/2017	450,921	55,041	N/A	60,692	N/A
9/30/2017	437,135	54,953	N/A	61,788	N/A
6/30/2017	429,664	57,207	N/A	64,779	N/A
3/31/2017	429,712	59,982	N/A	69,550	N/A
12/31/2016	423,442	56,084	N/A	75,671	N/A
9/30/2016	429,451	55,055	N/A	72,414	N/A
6/30/2016	435,391	49,965	N/A	72,020	N/A
3/31/2016	440,336	47,815	N/A	69,993	N/A
12/31/2015	439,614	45,400	N/A	67,747	N/A
9/30/2015	450,702	42,807	N/A	73,477	N/A
6/30/2015	464,080	41,653	N/A	63,525	N/A
3/31/2015	475,057	36,307	N/A	61,117	N/A
12/31/2014	487,545	33,615	N/A	47,489	N/A
9/30/2014	475,246	32,769	N/A	42,697	N/A
6/30/2014	464,831	34,715	N/A	46,189	N/A
3/31/2014	446,577	36,107	N/A	43,719	N/A
12/31/2013	434,251	36,522	N/A	42,498	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCM1's forecast earnings growth (53% per year) is above the savings rate (1%).

Earnings vs Market: TCM1's earnings (53% per year) are forecast to grow faster than the German market (20.9% per year).

High Growth Earnings: TCM1's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TCM1's revenue (7.2% per year) is forecast to grow faster than the German market (5.6% per year).

High Growth Revenue: TCM1's revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TCM1's Return on Equity is forecast to be low in 3 years time (5.2%).

Siam Cement Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

The Siam Cement Public Company Limited Announces Changing of Chief Accountant

The Siam Cement Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 01, 2024 to June 30, 2024, Payable on August 23, 2024

The Siam Cement Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 01, 2024 to June 30, 2024, Payable on August 23, 2024

The Siam Cement Public Company Limited Announces Appointment of Sub-Committee, Effective from June 1, 2024

The Siam Cement Public Company Limited Announces Executive Changes, Effective May 1, 2024

The Siam Cement Public Company Limited Approves Final Dividend, Payable on April 23, 2024

The Siam Cement Public Company Limited, Annual General Meeting, Mar 27, 2024

The Siam Cement Public Company Limited Proposes Dividend for the Full Year 2023, Payable on April 23, 2024

The Siam Cement Public Company Limited to Report Q1, 2024 Results on Apr 24, 2024

The Siam Cement Public Company Limited Announce Rotation of Executives, Effective January 1, 2024

The Siam Cement Public Company Limited Appoints Mr. Chatri Eamsobhana as Chief Financial Officer, Chemicals Business, Effective Date of July 1, 2023

The Siam Cement Public Company Limited to Report Q3, 2023 Results on Oct 26, 2023

the Siam Cement Public Company Limited Proposes Full Year 2022 Dividend, Payable on April 25, 2023

the Siam Cement Public Company Limited Announces Dividend for the Period Ended June 30, 2022, Payable on August 26, 2022

The Siam Cement Public Company Limited Announces CFO Changes

The Siam Cement Public Company Limited Announces CFO Changes, Effective July 1, 2022

The Siam Cement Public Company Limited Announces Final Dividend for the Year 2021, Payable on April 26, 2022

The Siam Cement Public Company Limited (SET:SCC) signed an agreement to acquire 51% stake in A.I. Technology Company Limited.

The Siam Cement Public Company Limited Announces Completion of Demonstration Plant for Chemical Recycling

The Siam Cement Public Company Limited, Annual General Meeting, Mar 31, 2021

The Siam Cement Public Company Limited to Report Q1, 2021 Results on Apr 28, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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