Top Glove Corporation Bhd Future Growth
Future criteria checks 5/6
Top Glove Bhd is forecast to grow earnings and revenue by 70.4% and 23.1% per annum respectively. EPS is expected to grow by 66.6% per annum. Return on equity is forecast to be 6.1% in 3 years.
Key information
70.4%
Earnings growth rate
66.6%
EPS growth rate
| Medical Equipment earnings growth | 22.4% |
| Revenue growth rate | 23.1% |
| Future return on equity | 6.1% |
| Analyst coverage | Good |
| Last updated | 06 Nov 2024 |
Recent future growth updates
Recent updates
Top Glove Corporation Bhd. (KLSE:TOPGLOV) Screens Well But There Might Be A Catch
Nov 06
Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 57% Above Its Share Price
Aug 05Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult
Jul 15Is There An Opportunity With Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) 25% Undervaluation?
May 05Top Glove Corporation Bhd. (KLSE:TOPGLOV) Just Reported And Analysts Have Been Cutting Their Estimates
Mar 23Is Top Glove Corporation Bhd (KLSE:TOPGLOV) A Risky Investment?
Mar 01Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Popularity With Investors Is Clear
Jan 04Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 90% Above Its Share Price
Nov 20Does Top Glove Corporation Bhd (KLSE:TOPGLOV) Have A Healthy Balance Sheet?
Sep 08Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM1.1 Based On Its Intrinsic Value?
May 30Analysts Are More Bearish On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Than They Used To Be
Mar 17Is Top Glove Corporation Bhd. (KLSE:TOPGLOV) Worth RM0.8 Based On Its Intrinsic Value?
Feb 22Is Top Glove Corporation Bhd (KLSE:TOPGLOV) Using Debt Sensibly?
Feb 01Analysts Just Shaved Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) Forecasts Dramatically
Dec 15Here's Why Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Manage Its Debt Responsibly
Oct 31Analysts Just Slashed Their Top Glove Corporation Bhd. (KLSE:TOPGLOV) EPS Numbers
Sep 26Top Glove Corporation Bhd (KLSE:TOPGLOV) Has Some Way To Go To Become A Multi-Bagger
Sep 16We Think Top Glove Corporation Bhd (KLSE:TOPGLOV) Can Stay On Top Of Its Debt
Jul 18Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 8/31/2027 | 5,324 | 308 | 390 | 592 | 11 |
| 8/31/2026 | 4,551 | 247 | 434 | 563 | 19 |
| 8/31/2025 | 3,812 | 120 | 199 | 442 | 19 |
| 8/31/2024 | 2,516 | -62 | -98 | 38 | N/A |
| 5/31/2024 | 2,157 | -520 | -89 | 117 | N/A |
| 2/29/2024 | 2,050 | -701 | -4 | 218 | N/A |
| 11/30/2023 | 2,118 | -815 | -58 | 226 | N/A |
| 8/31/2023 | 2,257 | -925 | -244 | 121 | N/A |
| 5/31/2023 | 2,771 | -526 | -163 | 275 | N/A |
| 2/28/2023 | 3,733 | -381 | -476 | 169 | N/A |
| 11/30/2022 | 4,594 | -128 | -723 | 100 | N/A |
| 8/31/2022 | 5,572 | 226 | -775 | 175 | N/A |
| 5/31/2022 | 6,657 | 736 | -1,467 | -521 | N/A |
| 2/28/2022 | 9,327 | 2,757 | 927 | 1,989 | N/A |
| 11/30/2021 | 13,214 | 5,538 | 3,450 | 4,664 | N/A |
| 8/31/2021 | 16,361 | 7,710 | 6,492 | 7,827 | N/A |
| 5/31/2021 | 17,397 | 8,423 | 9,181 | 10,563 | N/A |
| 2/28/2021 | 14,922 | 6,737 | 7,610 | 8,819 | N/A |
| 11/30/2020 | 10,787 | 3,999 | 5,538 | 6,508 | N/A |
| 8/31/2020 | 7,237 | 1,753 | 2,649 | 3,456 | N/A |
| 5/31/2020 | 5,316 | 666 | 600 | 1,347 | N/A |
| 2/29/2020 | 4,818 | 391 | -174 | 593 | N/A |
| 11/30/2019 | 4,748 | 366 | -215 | 489 | N/A |
| 8/31/2019 | 4,801 | 365 | -98 | 526 | N/A |
| 5/31/2019 | 4,836 | 387 | -135 | 417 | N/A |
| 2/28/2019 | 4,746 | 430 | 60 | 521 | N/A |
| 11/30/2018 | 4,545 | 433 | -62 | 390 | N/A |
| 8/31/2018 | 4,221 | 429 | -109 | 341 | N/A |
| 5/31/2018 | 3,900 | 429 | N/A | 502 | N/A |
| 2/28/2018 | 3,669 | 389 | N/A | 470 | N/A |
| 11/30/2017 | 3,562 | 363 | N/A | 426 | N/A |
| 8/31/2017 | 3,409 | 331 | N/A | 381 | N/A |
| 5/31/2017 | 3,229 | 299 | N/A | 186 | N/A |
| 2/28/2017 | 3,032 | 284 | N/A | 176 | N/A |
| 11/30/2016 | 2,874 | 306 | N/A | 266 | N/A |
| 8/31/2016 | 2,889 | 361 | N/A | 434 | N/A |
| 5/31/2016 | 2,876 | 405 | N/A | 484 | N/A |
| 2/29/2016 | 2,865 | 414 | N/A | 516 | N/A |
| 11/30/2015 | 2,743 | 359 | N/A | 475 | N/A |
| 8/31/2015 | 2,511 | 280 | N/A | 334 | N/A |
| 5/31/2015 | 2,380 | 217 | N/A | 318 | N/A |
| 2/28/2015 | 2,293 | 187 | N/A | 307 | N/A |
| 11/30/2014 | 2,269 | 179 | N/A | 322 | N/A |
| 8/31/2014 | 2,275 | 181 | N/A | 309 | N/A |
| 5/31/2014 | 2,244 | 183 | N/A | 326 | N/A |
| 2/28/2014 | 2,274 | 181 | N/A | 230 | N/A |
| 11/30/2013 | 2,303 | 189 | N/A | 187 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TOPGLOV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).
Earnings vs Market: TOPGLOV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TOPGLOV is expected to become profitable in the next 3 years.
Revenue vs Market: TOPGLOV's revenue (23.1% per year) is forecast to grow faster than the MY market (6.1% per year).
High Growth Revenue: TOPGLOV's revenue (23.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOPGLOV's Return on Equity is forecast to be low in 3 years time (6.1%).