Kingdom Holding Future Growth

Future criteria checks 1/6

Kingdom Holding is forecast to grow earnings and revenue by 4.4% and 5.5% per annum respectively.

Key information

4.4%

Earnings growth rate

n/a

EPS growth rate

Diversified Financial earnings growth	16.1%
Revenue growth rate	5.5%
Future return on equity	3.9%
Analyst coverage	Low
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

Kingdom Holding (TADAWUL:4280) Will Pay A Dividend Of SAR0.07

Oct 04

Kingdom Holding (TADAWUL:4280) Is Due To Pay A Dividend Of SAR0.07

Aug 03

Earnings Not Telling The Story For Kingdom Holding Company (TADAWUL:4280) After Shares Rise 30%

Jul 29

One Kingdom Holding Company (TADAWUL:4280) Analyst Has Been Cutting Their Forecasts

Jun 11

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	2,873	1,447	N/A	N/A	1
12/31/2025	2,721	1,322	339	1,627	1
12/31/2024	2,563	1,315	1,058	1,478	1
9/30/2024	2,553	1,302	1,496	1,781	N/A
6/30/2024	2,549	1,369	479	802	N/A
3/31/2024	2,596	1,038	685	997	N/A
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	N/A	912	N/A
3/31/2018	2,207	678	N/A	336	N/A
12/31/2017	2,356	664	N/A	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4280's forecast earnings growth (4.4% per year) is below the savings rate (14.7%).

Earnings vs Market: 4280's earnings (4.4% per year) are forecast to grow slower than the SA market (6.6% per year).

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

Revenue vs Market: 4280's revenue (5.5% per year) is forecast to grow faster than the SA market (-0.2% per year).

High Growth Revenue: 4280's revenue (5.5% 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 (3.9%).

Kingdom Holding Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 30%, revenue downgraded

Price target increased by 23% to ر.س7.39

Consensus revenue estimates fall by 12%

Price target decreased by 8.7% to ر.س6.07

Consensus EPS estimates increase by 15%

Consensus revenue estimates increase by 10%, EPS downgraded

Recent updates

Third quarter 2024 earnings released: EPS: ر.س0.09 (vs ر.س0.11 in 3Q 2023)

Kingdom Holding (TADAWUL:4280) Will Pay A Dividend Of SAR0.07

Dividend of ر.س0.07 announced

Investor sentiment improves as stock rises 16%

Consensus EPS estimates increase by 30%, revenue downgraded

Price target increased by 23% to ر.س7.39

Second quarter 2024 earnings released: EPS: ر.س0.17 (vs ر.س0.079 in 2Q 2023)

Kingdom Holding (TADAWUL:4280) Is Due To Pay A Dividend Of SAR0.07

Dividend of ر.س0.07 announced

Earnings Not Telling The Story For Kingdom Holding Company (TADAWUL:4280) After Shares Rise 30%

Investor sentiment improves as stock rises 21%

Kingdom Holding Company Announces Executive Appointments

One Kingdom Holding Company (TADAWUL:4280) Analyst Has Been Cutting Their Forecasts

Consensus revenue estimates fall by 12%

Price target decreased by 8.7% to ر.س6.07

Kingdom Holding Company Approves the Cash Dividend for the Year 2024

Upcoming dividend of ر.س0.07 per share

First quarter 2024 earnings released: EPS: ر.س0.05 (vs ر.س0.046 in 1Q 2023)

Kingdom Holding Company, Annual General Meeting, Jun 03, 2024

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