Gulf Energy Development Future Growth

Future criteria checks 1/6

Gulf Energy Development is forecast to grow earnings and revenue by 15% and 4.7% per annum respectively. EPS is expected to grow by 15.1% per annum. Return on equity is forecast to be 16.2% in 3 years.

Key information

15.0%

Earnings growth rate

15.1%

EPS growth rate

Renewable Energy earnings growth	20.0%
Revenue growth rate	4.7%
Future return on equity	16.2%
Analyst coverage	Good
Last updated	27 Aug 2024

Recent future growth updates

No updates

Recent updates

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Earnings and Revenue Growth Forecasts

DB:QD4 - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	130,173	23,579	9,211	29,597	7
12/31/2025	126,625	21,739	5,965	27,268	9
12/31/2024	113,652	18,108	8,173	25,132	6
6/30/2024	118,276	16,363	-3,986	21,532	N/A
3/31/2024	119,241	14,506	-3,950	15,146	N/A
12/31/2023	114,054	14,858	-1,905	18,295	N/A
9/30/2023	113,277	15,501	-2,675	12,623	N/A
6/30/2023	109,489	13,227	-3,576	11,079	N/A
3/31/2023	99,936	11,873	709	12,919	N/A
12/31/2022	94,151	11,418	-6,451	11,109	N/A
9/30/2022	82,550	9,055	-1,341	16,682	N/A
6/30/2022	70,822	9,557	-5,066	14,033	N/A
3/31/2022	59,060	9,433	-9,208	13,035	N/A
12/31/2021	47,467	7,670	-8,181	14,015	N/A
9/30/2021	41,525	6,471	-9,202	14,031	N/A
6/30/2021	37,499	5,853	-8,585	13,521	N/A
3/31/2021	34,030	6,328	-11,173	13,429	N/A
12/31/2020	32,863	4,282	-8,032	10,579	N/A
9/30/2020	31,522	3,343	-5,694	9,446	N/A
6/30/2020	31,983	3,458	-3,205	9,349	N/A
3/31/2020	31,354	3,181	-1,957	9,417	N/A
12/31/2019	30,040	4,887	-5,601	8,048	N/A
9/30/2019	27,304	4,535	-11,274	5,925	N/A
6/30/2019	23,424	4,654	-17,239	4,048	N/A
3/31/2019	20,300	2,613	-18,251	2,238	N/A
12/31/2018	17,181	3,028	-16,156	2,402	N/A
9/30/2018	14,301	3,457	-13,921	2,408	N/A
6/30/2018	11,353	2,927	-14,565	1,241	N/A
3/31/2018	7,742	4,052	N/A	110	N/A
12/31/2017	4,350	3,451	N/A	-717	N/A
9/30/2017	2,048	2,329	N/A	-1,479	N/A
6/30/2017	605	2,261	N/A	-1,561	N/A
3/31/2017	242	1,389	N/A	-1,187	N/A
12/31/2016	241	418	N/A	-1,160	N/A
12/31/2015	687	-811	N/A	-1,046	N/A
12/31/2014	773	-431	N/A	-138	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QD4's forecast earnings growth (15% per year) is above the savings rate (0.8%).

Earnings vs Market: QD4's earnings (15% per year) are forecast to grow slower than the German market (19.8% per year).

High Growth Earnings: QD4's earnings are forecast to grow, but not significantly.

Revenue vs Market: QD4's revenue (4.7% per year) is forecast to grow slower than the German market (5.1% per year).

High Growth Revenue: QD4's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QD4's Return on Equity is forecast to be low in 3 years time (16.2%).