Hong Leong Financial Group Berhad Future Growth

Future criteria checks 1/6

Hong Leong Financial Group Berhad is forecast to grow earnings and revenue by 5.6% and 4.3% per annum respectively. EPS is expected to grow by 5.5% per annum. Return on equity is forecast to be 10.5% in 3 years.

Key information

5.6%

Earnings growth rate

5.5%

EPS growth rate

Banks earnings growth	5.6%
Revenue growth rate	4.3%
Future return on equity	10.5%
Analyst coverage	Low
Last updated	29 Nov 2024

Recent future growth updates

Recent updates

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To MYR0.36

Oct 27

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Hong Leong Financial Group Berhad's (KLSE:HLFG) CEO For Now

Oct 22

Hong Leong Financial Group Berhad (KLSE:HLFG) Is Increasing Its Dividend To MYR0.36

Oct 02

Hong Leong Financial Group Berhad (KLSE:HLFG) Will Pay A Dividend Of MYR0.18

Mar 02

Here's Why Hong Leong Financial Group Berhad (KLSE:HLFG) Has Caught The Eye Of Investors

Oct 23

We Ran A Stock Scan For Earnings Growth And Hong Leong Financial Group Berhad (KLSE:HLFG) Passed With Ease

Jul 03

Hong Leong Financial Group Berhad's (KLSE:HLFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 02

Should You Be Adding Hong Leong Financial Group Berhad (KLSE:HLFG) To Your Watchlist Today?

Nov 29

Hong Leong Financial Group Berhad (KLSE:HLFG) Will Pay A Larger Dividend Than Last Year At MYR0.31

Oct 06

If EPS Growth Is Important To You, Hong Leong Financial Group Berhad (KLSE:HLFG) Presents An Opportunity

Jul 25

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To RM0.15

Mar 02

Do Hong Leong Financial Group Berhad's (KLSE:HLFG) Earnings Warrant Your Attention?

Jan 10

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To RM0.29

Oct 01

With EPS Growth And More, Hong Leong Financial Group Berhad (KLSE:HLFG) Is Interesting

Sep 22

If You Like EPS Growth Then Check Out Hong Leong Financial Group Berhad (KLSE:HLFG) Before It's Too Late

May 31

You Have To Love Hong Leong Financial Group Berhad's (KLSE:HLFG) Dividend

Jan 09

Hong Leong Financial Group Berhad (KLSE:HLFG) Shareholders Have Enjoyed A 26% Share Price Gain

Dec 05

Earnings and Revenue Growth Forecasts

KLSE:HLFG - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	7,856	3,827	N/A	N/A	3
6/30/2026	7,540	3,601	N/A	N/A	3
6/30/2025	7,128	3,371	N/A	N/A	3
9/30/2024	7,022	3,304	-13,443	-13,335	N/A
6/30/2024	6,764	3,198	-6,990	-6,866	N/A
3/31/2024	6,496	3,055	-16,092	-15,948	N/A
12/31/2023	6,369	2,973	-15,824	-15,688	N/A
9/30/2023	6,422	2,953	-14,487	-14,334	N/A
6/30/2023	6,361	2,881	-12,991	-12,801	N/A
3/31/2023	6,500	2,892	-6,233	-6,056	N/A
12/31/2022	6,354	2,733	-8,775	-8,578	N/A
9/30/2022	6,144	2,481	-11,341	-11,126	N/A
6/30/2022	6,089	2,452	-11,386	-11,208	N/A
3/31/2022	5,781	2,351	-13,217	-13,032	N/A
12/31/2021	5,796	2,351	-9,130	-8,954	N/A
9/30/2021	5,663	2,319	-7,879	-7,726	N/A
6/30/2021	5,550	2,265	-9,800	-9,637	N/A
3/31/2021	5,496	2,217	-3,612	-3,446	N/A
12/31/2020	5,045	1,979	-7,051	-6,852	N/A
9/30/2020	5,005	1,954	1,347	1,581	N/A
6/30/2020	4,943	1,858	4,901	5,134	N/A
3/31/2020	4,991	1,801	-2,636	-2,426	N/A
12/31/2019	5,280	1,925	-2,285	-2,110	N/A
9/30/2019	5,244	1,904	-14,872	-14,728	N/A
6/30/2019	5,273	1,919	-17,403	-17,251	N/A
3/31/2019	5,279	1,905	3,502	3,666	N/A
12/31/2018	5,350	1,944	-1,102	-932	N/A
9/30/2018	5,403	1,958	6,024	6,200	N/A
6/30/2018	5,274	1,907	N/A	2,518	N/A
3/31/2018	5,177	1,712	N/A	-11,748	N/A
12/31/2017	4,981	1,628	N/A	-180	N/A
9/30/2017	4,951	1,576	N/A	-134	N/A
6/30/2017	4,875	1,507	N/A	-570	N/A
3/31/2017	4,878	1,641	N/A	4,097	N/A
12/31/2016	4,704	1,538	N/A	3,247	N/A
9/30/2016	4,483	1,358	N/A	997	N/A
6/30/2016	4,447	1,359	N/A	4,784	N/A
3/31/2016	4,432	1,407	N/A	-501	N/A
12/31/2015	4,479	1,455	N/A	-7,560	N/A
9/30/2015	4,570	1,615	N/A	-8,209	N/A
6/30/2015	4,546	1,621	N/A	-12,113	N/A
3/31/2015	4,469	1,630	N/A	-3,227	N/A
12/31/2014	4,445	1,681	N/A	-3,027	N/A
9/30/2014	4,405	1,669	N/A	-88	N/A
6/30/2014	4,497	1,707	N/A	4,326	N/A
3/31/2014	4,395	1,646	N/A	1,651	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLFG's forecast earnings growth (5.6% per year) is above the savings rate (3.6%).

Earnings vs Market: HLFG's earnings (5.6% per year) are forecast to grow slower than the MY market (10.3% per year).

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

Revenue vs Market: HLFG's revenue (4.3% per year) is forecast to grow slower than the MY market (6.3% per year).

High Growth Revenue: HLFG's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HLFG's Return on Equity is forecast to be low in 3 years time (10.5%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 20:30
End of Day Share Price	2024/12/31 00:00
Earnings	2024/09/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hong Leong Financial Group Berhad is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Poh Ong	AmInvestment Bank Berhad
Joanna Cheah	Credit Suisse
Sue Lin Lim	DBS Bank Ltd

Hong Leong Financial Group Berhad Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 8.0% to RM20.75

Price target raised to RM18.76

Price target raised to RM17.12

Price target raised to RM16.50

Recent updates

First quarter 2025 earnings released: EPS: RM0.75 (vs RM0.65 in 1Q 2024)

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To MYR0.36

Upcoming dividend of RM0.36 per share

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Hong Leong Financial Group Berhad's (KLSE:HLFG) CEO For Now

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Hong Leong Financial Group Berhad (KLSE:HLFG) Is Increasing Its Dividend To MYR0.36

Final dividend increased to RM0.36

Hong Leong Financial Group Berhad, Annual General Meeting, Oct 29, 2024

Full year 2024 earnings released: EPS: RM2.82 (vs RM2.46 in FY 2023)

Hong Leong Financial Group Berhad Declares Final Single-Tier Dividend for the Financial Year Ended 30 June 2024

Third quarter 2024 earnings released: EPS: RM0.72 (vs RM0.63 in 3Q 2023)

Upcoming dividend of RM0.18 per share

Hong Leong Financial Group Berhad (KLSE:HLFG) Will Pay A Dividend Of MYR0.18

Second quarter 2024 earnings released: EPS: RM0.73 (vs RM0.68 in 2Q 2023)

Hong Leong Financial Group Berhad Declare an Interim Single Tier Dividend for the Financial Year Ending 30 June 2024

Price target decreased by 8.0% to RM20.75

First quarter 2024 earnings released: EPS: RM0.65 (vs RM0.60 in 1Q 2023)

Insufficient new directors

Upcoming dividend of RM0.32 per share at 2.8% yield

Here's Why Hong Leong Financial Group Berhad (KLSE:HLFG) Has Caught The Eye Of Investors

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Hong Leong Financial Group Berhad, Annual General Meeting, Oct 31, 2023

Hong Leong Financial Group Berhad Declares Final Single-Tier Dividend for the Financial Year Ended 30 June 2023

Full year 2023 earnings released: EPS: RM2.46 (vs RM2.16 in FY 2022)

We Ran A Stock Scan For Earnings Growth And Hong Leong Financial Group Berhad (KLSE:HLFG) Passed With Ease

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: RM0.63 (vs RM0.51 in 3Q 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of RM0.17 per share at 2.6% yield

Hong Leong Financial Group Berhad's (KLSE:HLFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Second quarter 2023 earnings released: EPS: RM0.68 (vs RM0.49 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.60 (vs RM0.56 in 1Q 2022)

Should You Be Adding Hong Leong Financial Group Berhad (KLSE:HLFG) To Your Watchlist Today?

Upcoming dividend of RM0.31 per share

Hong Leong Financial Group Berhad (KLSE:HLFG) Will Pay A Larger Dividend Than Last Year At MYR0.31

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Hong Leong Financial Group Berhad, Annual General Meeting, Oct 31, 2022

Full year 2022 earnings released: EPS: RM2.16 (vs RM2.00 in FY 2021)

Hong Leong Financial Group Berhad Declares Final Single-Tier Dividend for the Financial Year Ended 30 June 2022

If EPS Growth Is Important To You, Hong Leong Financial Group Berhad (KLSE:HLFG) Presents An Opportunity

Hong Leong Financial Group Berhad Announces the Resignation of Tan Sri Quek Leng Chan as Non-Independent and Executive Member of the Remuneration Committee

Now 21% undervalued

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Hong Leong Financial Group Berhad Appoints Emily Kok as Independent and Non-Executive Director

Now 21% undervalued

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To RM0.15

Hong Leong Financial Group Berhad Announces Interim Single Tier Dividend for the Financial Year Ending 30 June 2022, Payable on 30 March 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Hong Leong Financial Group Berhad Announces Interim Single Tier Dividend for the Financial Year Ending 30 June, 2022

Do Hong Leong Financial Group Berhad's (KLSE:HLFG) Earnings Warrant Your Attention?

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.29 per share

Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To RM0.29

Full year 2021 earnings released: EPS RM2.00 (vs RM1.64 in FY 2020)

With EPS Growth And More, Hong Leong Financial Group Berhad (KLSE:HLFG) Is Interesting

Full year 2021 earnings released: EPS RM2.00 (vs RM1.64 in FY 2020)

If You Like EPS Growth Then Check Out Hong Leong Financial Group Berhad (KLSE:HLFG) Before It's Too Late

Third quarter 2021 earnings released: EPS RM0.51 (vs RM0.30 in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.62 (vs RM0.44 in 2Q 2020)

You Have To Love Hong Leong Financial Group Berhad's (KLSE:HLFG) Dividend

New 90-day high: RM17.60

Hong Leong Financial Group Berhad (KLSE:HLFG) Shareholders Have Enjoyed A 26% Share Price Gain

Hong Leong Financial Group Berhad Appoints Teh Tiong Khim as Chief Financial Officer

Price target raised to RM18.76

First quarter 2021 earnings released: EPS RM0.52

Price target raised to RM17.12

New 90-day high: RM15.66

Price target raised to RM16.50

Hong Leong Financial Group Berhad Announces Resignation of Chew Seong Aun as Chief Financial Officer Effective 1 November 2020

Upcoming Dividend of RM0.25 Per Share