DRB-HICOM Berhad Future Growth

Future criteria checks 3/6

DRB-HICOM Berhad is forecast to grow earnings and revenue by 41.1% and 5.6% per annum respectively. EPS is expected to grow by 43.1% per annum. Return on equity is forecast to be 3.9% in 3 years.

Key information

41.1%

Earnings growth rate

43.1%

EPS growth rate

Auto earnings growth	6.8%
Revenue growth rate	5.6%
Future return on equity	3.9%
Analyst coverage	Low
Last updated	29 Aug 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	18,419	521	N/A	1,858	2
12/31/2025	17,371	393	1,112	1,430	4
12/31/2024	16,957	252	-620	-120	2
6/30/2024	15,857	179	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
9/30/2013	12,840	610	N/A	3,599	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DRBHCOM's forecast earnings growth (41.1% per year) is above the savings rate (3.6%).

Earnings vs Market: DRBHCOM's earnings (41.1% per year) are forecast to grow faster than the MY market (11.1% per year).

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

Revenue vs Market: DRBHCOM's revenue (5.6% per year) is forecast to grow slower than the MY market (6.1% per year).

High Growth Revenue: DRBHCOM's revenue (5.6% 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 (3.9%).

DRB-HICOM Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

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

Consensus EPS estimates fall to RM0.095

Recent updates

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.

Upcoming Dividend of RM0.02 Per Share

New 90-day high - RM1.91