International Container Terminal Services Future Growth

Future criteria checks 4/6

International Container Terminal Services is forecast to grow earnings and revenue by 17% and 8.1% per annum respectively. EPS is expected to grow by 17.4% per annum. Return on equity is forecast to be 46.6% in 3 years.

Key information

17.0%

Earnings growth rate

17.4%

EPS growth rate

Infrastructure earnings growth	12.9%
Revenue growth rate	8.1%
Future return on equity	46.6%
Analyst coverage	Good
Last updated	12 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

PSE:ICT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,156	945	1,489	1,676	10
12/31/2025	2,985	891	1,426	1,641	12
12/31/2024	2,712	758	1,270	1,499	10
9/30/2024	2,642	636	1,154	1,493	N/A
6/30/2024	2,545	591	1,155	1,452	N/A
3/31/2024	2,454	538	1,113	1,392	N/A
12/31/2023	2,388	483	997	1,300	N/A
9/30/2023	2,363	609	1,008	1,320	N/A
6/30/2023	2,345	609	1,053	1,336	N/A
3/31/2023	2,287	601	895	1,289	N/A
12/31/2022	2,243	585	921	1,275	N/A
9/30/2022	2,141	539	811	1,132	N/A
6/30/2022	2,045	481	740	1,045	N/A
3/31/2022	1,958	428	865	1,031	N/A
12/31/2021	1,865	370	784	947	N/A
9/30/2021	1,765	171	793	960	N/A
6/30/2021	1,665	119	731	908	N/A
3/31/2021	1,565	67	679	856	N/A
12/31/2020	1,505	40	607	804	N/A
9/30/2020	1,478	40	570	775	N/A
6/30/2020	1,454	30	547	758	N/A
3/31/2020	1,473	30	504	743	N/A
12/31/2019	1,481	41	517	759	N/A
9/30/2019	1,487	188	525	749	N/A
6/30/2019	1,476	181	493	745	N/A
3/31/2019	1,444	174	443	728	N/A
12/31/2018	1,386	144	406	696	N/A
9/30/2018	1,332	118	334	674	N/A
6/30/2018	1,302	117	N/A	616	N/A
3/31/2018	1,273	125	N/A	603	N/A
12/31/2017	1,244	117	N/A	605	N/A
9/30/2017	1,212	146	N/A	534	N/A
6/30/2017	1,181	154	N/A	536	N/A
3/31/2017	1,159	147	N/A	494	N/A
12/31/2016	1,128	134	N/A	467	N/A
9/30/2016	1,094	15	N/A	413	N/A
6/30/2016	1,050	-2	N/A	392	N/A
3/31/2016	1,022	3	N/A	373	N/A
12/31/2015	1,051	22	N/A	408	N/A
9/30/2015	1,074	151	N/A	420	N/A
6/30/2015	1,103	152	N/A	442	N/A
3/31/2015	1,108	154	N/A	428	N/A
12/31/2014	1,061	153	N/A	388	N/A
9/30/2014	1,007	150	N/A	350	N/A
6/30/2014	949	162	N/A	322	N/A
3/31/2014	891	155	N/A	301	N/A
12/31/2013	852	143	N/A	283	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICT's forecast earnings growth (17% per year) is above the savings rate (5.3%).

Earnings vs Market: ICT's earnings (17% per year) are forecast to grow faster than the PH market (12.5% per year).

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

Revenue vs Market: ICT's revenue (8.1% per year) is forecast to grow faster than the PH market (7.7% per year).

High Growth Revenue: ICT's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ICT's Return on Equity is forecast to be very high in 3 years time (46.6%).

International Container Terminal Services Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Non-Executive Director recently sold ₱2.0m worth of stock

Non-Executive Director recently sold ₱21m worth of stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 21% overvalued after recent price rise

Independent Director recently bought ₱1.4m worth of stock

Insider recently bought ₱2.0m worth of stock

First quarter 2024 earnings released: EPS: US$0.10 (vs US$0.073 in 1Q 2023)

Now 20% overvalued after recent price rise

Now 21% overvalued after recent price rise

Now 27% overvalued after recent price rise

New minor risk - Insider selling

Insider recently sold ₱43m worth of stock

Insider recently sold ₱18m worth of stock

Upcoming dividend of ₱11.00 per share

Dividend of ₱11.00 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

International Container Terminal Services, Inc. Declares Special Cash Dividend, Payable on March 25, 2024

Insider recently bought ₱1.1m worth of stock

International Container Terminal Services, Inc., Annual General Meeting, Apr 18, 2024

Insider recently sold ₱504k worth of stock

Non-Executive Director recently sold ₱5.7m worth of stock

Now 20% undervalued

Independent Director recently sold ₱5.2m worth of stock

Third quarter 2023 earnings released: EPS: US$0.08 (vs US$0.08 in 3Q 2022)

Non-Executive Director recently sold ₱2.1m worth of stock

Independent Director recently bought ₱1.4m worth of stock

Second quarter 2023 earnings released: EPS: US$0.075 (vs US$0.071 in 2Q 2022)

International Container Terminal Services, Inc Appoints Arlyn L. Mcdonald as Global Financial Controller

Insider recently sold ₱2.0m worth of stock

International Container Terminal Services, Inc. Announces Management Changes

First quarter 2023 earnings released: EPS: US$0.065 (vs US$0.065 in 1Q 2022)

Insider recently sold ₱9.2m worth of stock

Non-Executive Director recently sold ₱9.7m worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently bought ₱12m worth of stock

Non-Executive Director recently sold ₱2.1m worth of stock

Non-Executive Director recently sold ₱6.5m worth of stock

International Container Terminal Services, Inc. Announces Executive Changes

Non-Executive Director recently sold ₱2.0m worth of stock

Non-Executive Director recently sold ₱4.0m worth of stock

Non-Executive Director recently sold ₱1.0m worth of stock

Non-Executive Director recently sold ₱6.1m worth of stock

Insider recently bought ₱808k worth of stock

Non-Executive Director recently sold ₱1.8m worth of stock

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$0.08 (vs US$0.052 in 3Q 2021)

Non-Executive Director recently sold ₱860k worth of stock

Non-Executive Director recently sold ₱876k worth of stock

Non-Executive Director recently bought ₱27m worth of stock

Insider recently bought ₱2.7m worth of stock

Non-Executive Director recently sold ₱728k worth of stock

Non-Executive Director recently sold ₱1.8m worth of stock

International Container Terminal Services, Inc. Appoints Cristina Castro as New Data Protection Officer

HIJO Resources Corporation agreed to acquire 65% stake in Hijo International Port Services Inc. from International Container Terminal Services, Inc. (PSE:ICT) PHP325 million.

HIJO Resources Corporation agreed to acquire 65% stake in Hijo International Port Services Inc. from International Container Terminal Services, Inc. (PSE:ICT) PHP325 million.

Non-Executive Director recently sold ₱1.8m worth of stock

Non-Executive Director recently sold ₱3.7m worth of stock

Senior VP recently sold ₱11m worth of stock

Second quarter 2022 earnings released: EPS: US$0.071 (vs US$0.045 in 2Q 2021)

International Container Terminal Services, Inc. (PSE:ICT) entered into Conditional Share Subscription and Purchase Agreement to acquire 66.7% stake in PT East Java Development from Indo Port Holding Pte Ltd and Eastlog Holding Pte. Ltd. for $46.5 million.

International Container Terminal Services, Inc. (PSE:ICT) entered into Conditional Share Subscription and Purchase Agreement to acquire 66.7% stake in PT East Java Development from Indo Port Holding Pte Ltd and Eastlog Holding Pte. Ltd. for $46.5 million.

Non-Executive Director recently sold ₱2.8m worth of stock

Non-Executive Director recently sold ₱3.1m worth of stock

Non-Executive Director recently sold ₱3.0m worth of stock

Insider recently sold ₱15m worth of stock

Non-Executive Director recently sold ₱2.3m worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Non-Executive Director recently sold ₱2.2m worth of stock

Senior VP recently sold ₱9.4m worth of stock

Non-Executive Director recently sold ₱2.2m worth of stock

Non-Executive Director recently sold ₱2.2m worth of stock