Kingdom Holding Future Growth

Future criteria checks 2/6

Kingdom Holding is forecast to grow earnings and revenue by 7.2% and 6.2% per annum respectively. EPS is expected to grow by 7% per annum. Return on equity is forecast to be 3.6% in 3 years.

Key information

7.2%

Earnings growth rate

7.0%

EPS growth rate

Diversified Financial earnings growth	14.7%
Revenue growth rate	6.2%
Future return on equity	3.6%
Analyst coverage	Low
Last updated	17 Apr 2024

Recent future growth updates

Recent updates

Do Investors Have Good Reason To Be Wary Of Kingdom Holding Company's (TADAWUL:4280) 6.4% Dividend Yield?

Feb 23

We Wouldn't Be Too Quick To Buy Kingdom Holding Company (TADAWUL:4280) Before It Goes Ex-Dividend

Dec 29

Kingdom Holding (TADAWUL:4280) Share Prices Have Dropped 48% In The Last Five Years

Nov 19

Earnings and Revenue Growth Forecasts

SASE:4280 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,254	1,271	N/A	N/A	1
12/31/2025	3,095	1,206	710	2,101	1
12/31/2024	2,905	1,141	593	1,938	1
12/31/2023	2,703	1,013	418	703	N/A
9/30/2023	2,597	1,106	1,501	1,757	N/A
6/30/2023	2,638	1,070	1,392	1,599	N/A
3/31/2023	2,714	1,203	1,587	1,764	N/A
12/31/2022	2,492	6,958	1,603	1,754	N/A
9/30/2022	2,443	7,113	1,066	1,073	N/A
6/30/2022	2,132	6,867	1,064	1,069	N/A
3/31/2022	1,784	6,852	539	659	N/A
12/31/2021	1,508	1,017	686	790	N/A
9/30/2021	1,051	506	438	735	N/A
6/30/2021	1,013	204	361	642	N/A
3/31/2021	806	-1,335	682	808	N/A
12/31/2020	1,029	-1,476	924	1,051	N/A
9/30/2020	1,401	-1,375	2,520	2,518	N/A
6/30/2020	1,149	-1,096	2,143	2,125	N/A
3/31/2020	1,398	175	1,935	1,948	N/A
12/31/2019	1,929	396	1,340	1,440	N/A
9/30/2019	2,192	449	118	326	N/A
6/30/2019	2,626	611	-1,570	-1,346	N/A
3/31/2019	2,994	710	-897	-750	N/A
12/31/2018	2,578	682	-805	-699	N/A
9/30/2018	2,430	705	-1,069	-1,052	N/A
6/30/2018	2,499	704	1,080	912	N/A
3/31/2018	2,207	678	197	336	N/A
12/31/2017	2,356	664	786	905	N/A
9/30/2017	2,208	563	N/A	1,605	N/A
6/30/2017	1,971	-39	N/A	1,699	N/A
3/31/2017	1,894	-335	N/A	2,546	N/A
12/31/2016	1,873	-350	N/A	3,150	N/A
9/30/2016	2,498	-283	N/A	3,727	N/A
6/30/2016	3,051	364	N/A	3,649	N/A
3/31/2016	3,418	682	N/A	2,535	N/A
12/31/2015	3,492	707	N/A	1,796	N/A
9/30/2015	3,249	935	N/A	584	N/A
6/30/2015	3,196	909	N/A	760	N/A
3/31/2015	3,263	882	N/A	966	N/A
12/31/2014	3,289	869	N/A	629	N/A
9/30/2014	3,335	834	N/A	348	N/A
6/30/2014	3,308	789	N/A	87	N/A
3/31/2014	3,209	759	N/A	99	N/A
12/31/2013	3,133	742	N/A	324	N/A
9/30/2013	3,175	721	N/A	1	N/A
6/30/2013	3,221	719	N/A	-62	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4280's forecast earnings growth (7.2% per year) is below the savings rate (14.3%).

Earnings vs Market: 4280's earnings (7.2% per year) are forecast to grow faster than the SA market (6% per year).

High Growth Earnings: 4280's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4280's revenue (6.2% per year) is forecast to grow faster than the SA market (0.4% per year).

High Growth Revenue: 4280's revenue (6.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4280's Return on Equity is forecast to be low in 3 years time (3.6%).

Kingdom Holding Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%

Consensus revenue estimates increase by 10%, EPS downgraded

Price target decreased by 11% to ر.س6.63

Consensus EPS estimates fall by 24%

Price target decreased by 11% to ر.س7.41

Price target increased to ر.س8.62

Recent updates

Consensus EPS estimates increase by 15%

New minor risk - Earnings quality

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

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: ر.س0.11 (vs ر.س0.096 in 3Q 2022)

New major risk - Financial position

Second quarter 2023 earnings released: EPS: ر.س0.078 (vs ر.س0.12 in 2Q 2022)

Consensus revenue estimates increase by 10%, EPS downgraded

Price target decreased by 11% to ر.س6.63

First quarter 2023 earnings released: EPS: ر.س0.05 (vs ر.س1.60 in 1Q 2022)

Consensus EPS estimates fall by 24%

Full year 2022 earnings released: EPS: ر.س1.88 (vs ر.س0.28 in FY 2021)

Price target decreased by 11% to ر.س7.41

Upcoming dividend of ر.س0.07 per share

Third quarter 2022 earnings released: EPS: ر.س0.096 (vs ر.س0.029 in 3Q 2021)

Less than half of directors are independent

Elon R. Musk completed the acquisition of remaining 90.4% stake in Twitter, Inc. (NYSE:TWTR) from Al waleed bin Talal, Kingdom Holding Company (SASE:4280), The Vanguard Group, Inc. and others.

Elon R. Musk completed the acquisition of remaining 90.4% stake in Twitter, Inc. (NYSE:TWTR) from Al waleed bin Talal, Kingdom Holding Company (SASE:4280), The Vanguard Group, Inc. and others.

Upcoming dividend of ر.س0.07 per share

Price target increased to ر.س8.62

Consensus revenue estimates increase by 28%

Second quarter 2022 earnings released: EPS: ر.س0.12 (vs ر.س0.11 in 2Q 2021)

Kingdom Holding Company (SASE:4280) acquired a 3% stake in Phoenix Group Holdings plc (LSE:PHNX) for £190 million.

Consensus revenue estimates increase by 22%

Price target decreased to ر.س7.50

Upcoming dividend of ر.س0.07 per share

Kingdom Holding Company Announces Management Changes

Kingdom Holding Company, Annual General Meeting, Jun 21, 2022

The Public Investment Fund of The Kingdom of Saudi Arabia acquired 16.87% stake in Kingdom Holding Company (SASE:4280) from HRH Prince Alwaleed bin Talal Al-Saud for SAR 5.68 billion.

Investor sentiment improved over the past week

Kingdom Holding Company Announces Board Changes

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Kingdom Holding Company Announces Dividend for the Whole Year 2022

Elon R. Musk made a non-binding proposal to acquire remaining 90.9% stake in Twitter, Inc. (NYSE:TWTR) for $41.7 billion.

Upcoming dividend of ر.س0.07 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ر.س0.13 per share

Third quarter 2021 earnings released: EPS ر.س0.029 (vs ر.س0.052 loss in 3Q 2020)

Price target increased to ر.س7.71

Upcoming dividend of ر.س0.13 per share

Kingdom Holding (TADAWUL:4280) Is Due To Pay A Dividend Of ر.س0.13

Second quarter 2021 earnings released: EPS ر.س0.11 (vs ر.س0.30 loss in 2Q 2020)

Kingdom Holding's (TADAWUL:4280) Dividend Will Be ر.س0.13

Kingdom Holding (TADAWUL:4280) Has Announced A Dividend Of ر.س0.13

Upcoming dividend of ر.س0.13 per share

First quarter 2021 earnings released: EPS ر.س0.025 (vs ر.س0.014 loss in 1Q 2020)

Do Investors Have Good Reason To Be Wary Of Kingdom Holding Company's (TADAWUL:4280) 6.4% Dividend Yield?

We Wouldn't Be Too Quick To Buy Kingdom Holding Company (TADAWUL:4280) Before It Goes Ex-Dividend

Upcoming Dividend of ر.س0.13 Per Share

Third quarter 2020 earnings released: ر.س0.052 loss per share

Kingdom Holding (TADAWUL:4280) Share Prices Have Dropped 48% In The Last Five Years

Third quarter 2020 earnings released: ر.س0.052 loss per share

Upcoming Dividend of ر.س0.13 Per Share

Analysts update estimates

Price target raised to ر.س7.15

New 90-day high - ر.س7.16

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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