S P Setia Berhad Future Growth

Future criteria checks 2/6

S P Setia Berhad is forecast to grow earnings and revenue by 18.3% and 4.1% per annum respectively. EPS is expected to grow by 14.9% per annum. Return on equity is forecast to be 2.5% in 3 years.

Key information

18.3%

Earnings growth rate

14.9%

EPS growth rate

Real Estate earnings growth	11.6%
Revenue growth rate	4.1%
Future return on equity	2.5%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Mar 31

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 03

Recent updates

Why S P Setia Berhad (KLSE:SPSETIA) Could Be Worth Watching

Apr 22

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Mar 31

S P Setia Berhad (KLSE:SPSETIA) Stocks Shoot Up 67% But Its P/E Still Looks Reasonable

Mar 28

S P Setia Berhad (KLSE:SPSETIA) Will Pay A Smaller Dividend Than Last Year

Mar 13

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 03

S P Setia Berhad's (KLSE:SPSETIA) Conservative Accounting Might Explain Soft Earnings

Nov 30

Does This Valuation Of S P Setia Berhad (KLSE:SPSETIA) Imply Investors Are Overpaying?

May 12

Earnings and Revenue Growth Forecasts

KLSE:SPSETIA - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,970	372	-17	502	10
12/31/2025	4,701	366	-71	577	13
12/31/2024	4,568	323	699	853	11
12/31/2023	4,374	197	2,241	2,301	N/A
9/30/2023	4,698	108	2,726	2,806	N/A
6/30/2023	4,479	122	2,299	2,392	N/A
3/31/2023	4,555	159	1,947	2,040	N/A
12/31/2022	4,454	142	1,594	1,692	N/A
9/30/2022	3,779	209	502	587	N/A
6/30/2022	3,513	150	451	513	N/A
3/31/2022	3,577	145	714	773	N/A
12/31/2021	3,763	152	1,061	1,118	N/A
9/30/2021	3,844	86	1,255	1,314	N/A
6/30/2021	4,330	-193	1,277	1,352	N/A
3/31/2021	3,578	-402	758	829	N/A
12/31/2020	3,228	-453	343	435	N/A
9/30/2020	2,911	-429	121	219	N/A
6/30/2020	2,762	-78	447	550	N/A
3/31/2020	3,767	171	1,134	1,244	N/A
12/31/2019	3,929	221	1,073	1,171	N/A
9/30/2019	4,152	169	1,264	1,358	N/A
6/30/2019	4,213	216	951	1,035	N/A
3/31/2019	3,803	509	408	506	N/A
12/31/2018	3,594	561	799	896	N/A
9/30/2018	3,911	815	548	644	N/A
6/30/2018	3,976	1,056	799	916	N/A
3/31/2018	3,917	813	993	1,086	N/A
12/31/2017	4,288	861	823	914	N/A
9/30/2017	5,477	1,144	N/A	1,718	N/A
6/30/2017	5,683	972	N/A	1,148	N/A
3/31/2017	5,829	935	N/A	667	N/A
12/31/2016	5,711	948	N/A	519	N/A
12/31/2015	5,783	787	N/A	1,444	N/A
10/31/2015	5,606	710	N/A	1,537	N/A
7/31/2015	5,425	722	N/A	1,282	N/A
4/30/2015	4,692	563	N/A	483	N/A
1/31/2015	4,015	410	N/A	400	N/A
10/31/2014	3,870	388	N/A	262	N/A
7/31/2014	3,542	404	N/A	604	N/A
4/30/2014	3,446	402	N/A	593	N/A
1/31/2014	3,248	422	N/A	700	N/A
10/31/2013	3,261	418	N/A	799	N/A
7/31/2013	3,059	416	N/A	838	N/A
4/30/2013	2,906	415	N/A	946	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPSETIA's forecast earnings growth (18.3% per year) is above the savings rate (3.5%).

Earnings vs Market: SPSETIA's earnings (18.3% per year) are forecast to grow faster than the MY market (11.7% per year).

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

Revenue vs Market: SPSETIA's revenue (4.1% per year) is forecast to grow slower than the MY market (5.8% per year).

High Growth Revenue: SPSETIA's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPSETIA's Return on Equity is forecast to be low in 3 years time (2.5%).

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S P Setia Berhad Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 12% to RM1.21

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Price target increased by 9.7% to RM1.12

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Price target increased by 7.1% to RM0.98

Price target increased by 7.3% to RM0.95

Recent updates

Why S P Setia Berhad (KLSE:SPSETIA) Could Be Worth Watching

Price target increased by 12% to RM1.21

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Price target increased by 9.7% to RM1.12

S P Setia Berhad (KLSE:SPSETIA) Stocks Shoot Up 67% But Its P/E Still Looks Reasonable

S P Setia Berhad, Annual General Meeting, Apr 25, 2024

Upcoming dividend of RM0.013 per share

Investor sentiment improves as stock rises 17%

S P Setia Berhad (KLSE:SPSETIA) Will Pay A Smaller Dividend Than Last Year

Dividend reduced to RM0.013

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Price target increased by 7.1% to RM0.98

Price target increased by 7.3% to RM0.95

S P Setia Berhad Announces New Composition of Sustainability Committee, Effective 11 January 2024

New minor risk - Shareholder dilution

S P Setia Berhad's (KLSE:SPSETIA) Conservative Accounting Might Explain Soft Earnings

Third quarter 2023 earnings released

When Should You Buy S P Setia Berhad (KLSE:SPSETIA)?

New minor risk - Share price stability

Price target increased by 7.8% to RM0.87

Investor sentiment improves as stock rises 16%

S P Setia Berhad Announces Changes to Composition of Board Committees

Price target increased by 20% to RM0.80

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.02 in 2Q 2022)

S P Setia Berhad Announces Resignation Dato Zuraidah Binti Atan as Independent and Non Executive Director, Effective 17 Aug. 2023

S P Setia Berhad Appoints PUAN AIDA HAZRINA BINTI MOHD TAZAAI as Non Independent and Non Executive Alternate Director

Price target decreased by 9.2% to RM0.64

S P Setia Berhad Announces Changes to Composition of Tender and Projects Committee

S P Setia Berhad Announces Appointment of Datuk Zaini Bin Yusoff as Chief Operating Officer

First quarter 2023 earnings released: EPS: RM0.004 (vs RM0 in 1Q 2022)

High number of new directors

Upcoming dividend of RM0.015 per share at 2.5% yield

S P Setia Berhad's (KLSE:SPSETIA) Dividend Will Be Increased To MYR0.0147

Consensus EPS estimates increase by 13%

Full year 2022 earnings released: EPS: RM0.036 (vs RM0.037 in FY 2021)

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Should You Investigate S P Setia Berhad (KLSE:SPSETIA) At RM0.66?

S P Setia Berhad Announces CFO Changes

Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.014 loss in 3Q 2021)

Price target decreased to RM0.82

Now 21% undervalued after recent price drop

Calculating The Intrinsic Value Of S P Setia Berhad (KLSE:SPSETIA)

Now 22% undervalued after recent price drop

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Now 20% undervalued after recent price drop

S P Setia Berhad Announces Appointment of Dato' Zuraidah Binti Atan as Independent and Non Executive Member of Risk Committee, Effective September 1, 2022

Second quarter 2022 earnings released: EPS: RM0.02 (vs RM0.018 in 2Q 2021)

S P Setia Berhad Provides Sales Guidance for Second Half of 2022

S P Setia Berhad Announces Cessation of Dato’ Seri Koe Peng Kang as Chief Operating Officer

Calculating The Fair Value Of S P Setia Berhad (KLSE:SPSETIA)

Price target decreased to RM1.14

Is Now The Time To Look At Buying S P Setia Berhad (KLSE:SPSETIA)?

S P Setia Berhad Appoints Dato' Tengku Marina Binti Tunku Annuar as Independent and Non Executive Director

S P Setia Berhad Appoints Dato' Tengku Marina Binti Tunku Annuar as Independent and Non Executive Director

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

S P Setia Berhad, Annual General Meeting, Apr 27, 2022

S P Setia Berhad, Annual General Meeting, Apr 27, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

S P Setia Berhad (KLSE:SPSETIA) Takes On Some Risk With Its Use Of Debt

Insufficient new directors

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

When Should You Buy S P Setia Berhad (KLSE:SPSETIA)?

President, CEO & Director Chap Khor has left the company

Deputy President & COO Tuck Wong has left the company

Does S P Setia Berhad (KLSE:SPSETIA) Have A Healthy Balance Sheet?