GF Securities Future Growth
Future criteria checks 3/6
GF Securities is forecast to grow earnings and revenue by 13.2% and 8.6% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 7% in 3 years.
Key information
13.2%
Earnings growth rate
12.7%
EPS growth rate
| Capital Markets earnings growth | 22.1% |
| Revenue growth rate | 8.6% |
| Future return on equity | 7.0% |
| Analyst coverage | Good |
| Last updated | 14 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 28,612 | 9,791 | N/A | N/A | 9 |
| 12/31/2025 | 26,667 | 8,900 | N/A | N/A | 10 |
| 12/31/2024 | 24,660 | 7,741 | N/A | N/A | 10 |
| 9/30/2024 | 23,371 | 7,246 | 15,477 | 16,384 | N/A |
| 6/30/2024 | 21,308 | 5,933 | -44,676 | -43,802 | N/A |
| 3/31/2024 | 20,597 | 5,674 | -10,526 | -9,632 | N/A |
| 12/31/2023 | 22,124 | 6,292 | -3,294 | -2,352 | N/A |
| 9/30/2023 | 23,065 | 8,306 | 32,064 | 32,923 | N/A |
| 6/30/2023 | 23,055 | 7,830 | 19,183 | 20,050 | N/A |
| 3/31/2023 | 24,460 | 8,585 | 21,010 | 21,860 | N/A |
| 12/31/2022 | 22,688 | 7,731 | 39,446 | 40,163 | N/A |
| 9/30/2022 | 23,837 | 7,435 | -370 | 294 | N/A |
| 6/30/2022 | 27,566 | 9,131 | 5,706 | 6,365 | N/A |
| 3/31/2022 | 29,149 | 9,603 | -11,194 | -10,587 | N/A |
| 12/31/2021 | 32,709 | 10,841 | -27,994 | -27,323 | N/A |
| 9/30/2021 | 32,783 | 10,539 | 1,763 | 3,866 | N/A |
| 6/30/2021 | 31,444 | 10,175 | 15,530 | 17,557 | N/A |
| 3/31/2021 | 30,462 | 10,508 | 20,968 | 22,980 | N/A |
| 12/31/2020 | 27,608 | 10,038 | 16,784 | 19,832 | N/A |
| 9/30/2020 | 25,693 | 10,063 | 22,671 | 24,185 | N/A |
| 6/30/2020 | 23,874 | 9,150 | 19,184 | 20,718 | N/A |
| 3/31/2020 | 20,438 | 6,690 | 27,000 | 28,462 | N/A |
| 12/31/2019 | 21,919 | 7,539 | 39,817 | 40,209 | N/A |
| 9/30/2019 | 20,619 | 5,802 | 29,241 | 29,716 | N/A |
| 6/30/2019 | 18,892 | 5,582 | 23,627 | 24,196 | N/A |
| 3/31/2019 | 17,570 | 5,693 | 20,056 | 20,731 | N/A |
| 12/31/2018 | 14,615 | 4,300 | 32,593 | 33,239 | N/A |
| 9/30/2018 | 16,731 | 6,342 | 18,030 | 18,745 | N/A |
| 6/30/2018 | 18,037 | 7,152 | N/A | -11,724 | N/A |
| 3/31/2018 | 20,265 | 7,983 | N/A | -7,392 | N/A |
| 12/31/2017 | 21,279 | 8,595 | N/A | -38,643 | N/A |
| 9/30/2017 | 20,790 | 8,212 | N/A | -39,327 | N/A |
| 6/30/2017 | 21,032 | 8,301 | N/A | -20,447 | N/A |
| 3/31/2017 | 20,867 | 8,363 | N/A | -34,890 | N/A |
| 12/31/2016 | 20,764 | 8,030 | N/A | -21,152 | N/A |
| 9/30/2016 | 22,214 | 9,000 | N/A | -9,916 | N/A |
| 6/30/2016 | 23,778 | 8,826 | N/A | -20,408 | N/A |
| 3/31/2016 | 32,130 | 12,489 | N/A | 31,807 | N/A |
| 12/31/2015 | 33,050 | 13,201 | N/A | 38,148 | N/A |
| 9/30/2015 | 31,244 | 12,368 | N/A | 49,905 | N/A |
| 6/30/2015 | 28,081 | 11,754 | N/A | 81,568 | N/A |
| 3/31/2015 | 16,542 | 6,714 | N/A | 32,487 | N/A |
| 12/31/2014 | 13,307 | 5,023 | N/A | 25,417 | N/A |
| 9/30/2014 | 10,040 | 3,547 | N/A | 13,500 | N/A |
| 6/30/2014 | 9,020 | 3,126 | N/A | 602 | N/A |
| 3/31/2014 | 8,780 | 2,958 | N/A | -4,278 | N/A |
| 12/31/2013 | 8,195 | 2,813 | N/A | -8,688 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1776's forecast earnings growth (13.2% per year) is above the savings rate (2.3%).
Earnings vs Market: 1776's earnings (13.2% per year) are forecast to grow faster than the Hong Kong market (11.5% per year).
High Growth Earnings: 1776's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1776's revenue (8.6% per year) is forecast to grow faster than the Hong Kong market (7.7% per year).
High Growth Revenue: 1776's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1776's Return on Equity is forecast to be low in 3 years time (7%).