HRnetGroup Future Growth

Future criteria checks 1/6

HRnetGroup is forecast to grow earnings and revenue by 2.6% and 3.4% per annum respectively. EPS is expected to grow by 2% per annum. Return on equity is forecast to be 13.7% in 3 years.

Key information

2.6%

Earnings growth rate

2.0%

EPS growth rate

Professional Services earnings growth	12.3%
Revenue growth rate	3.4%
Future return on equity	13.7%
Analyst coverage	Low
Last updated	15 Aug 2024

Recent future growth updates

Recent updates

HRnetGroup (SGX:CHZ) Is Paying Out A Dividend Of SGD0.0187

Aug 20

HRnetGroup's (SGX:CHZ) Upcoming Dividend Will Be Larger Than Last Year's

May 09

HRnetGroup (SGX:CHZ) Has Announced That Its Dividend Will Be Reduced To SGD0.0187

Aug 29

At S$0.70, Is HRnetGroup Limited (SGX:CHZ) Worth Looking At Closely?

May 13

HRnetGroup Limited's (SGX:CHZ) Intrinsic Value Is Potentially 43% Above Its Share Price

Jul 16

Is There Now An Opportunity In HRnetGroup Limited (SGX:CHZ)?

May 27

There Are Reasons To Feel Uneasy About HRnetGroup's (SGX:CHZ) Returns On Capital

Apr 17

Does HRnetGroup Limited (SGX:CHZ) Have A Place In Your Dividend Portfolio?

Apr 02

Calculating The Intrinsic Value Of HRnetGroup Limited (SGX:CHZ)

Mar 18

New Forecasts: Here's What Analysts Think The Future Holds For HRnetGroup Limited (SGX:CHZ)

Mar 03

HRnetGroup Limited Just Recorded A 21% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 02

Is Now An Opportune Moment To Examine HRnetGroup Limited (SGX:CHZ)?

Feb 19

HRnetGroup's(SGX:CHZ) Share Price Is Down 33% Over The Past Three Years.

Feb 01

Are Robust Financials Driving The Recent Rally In HRnetGroup Limited's (SGX:CHZ) Stock?

Jan 18

Has HRnetGroup (SGX:CHZ) Got What It Takes To Become A Multi-Bagger?

Jan 03

Should HRnetGroup Limited (SGX:CHZ) Be Part Of Your Dividend Portfolio?

Dec 20

Here's Why We Think HRnetGroup's (SGX:CHZ) Statutory Earnings Might Be Conservative

Dec 06

Calculating The Intrinsic Value Of HRnetGroup Limited (SGX:CHZ)

Nov 23

Earnings and Revenue Growth Forecasts

SGX:CHZ - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	620	60	67	68	3
12/31/2025	609	57	64	65	4
12/31/2024	586	54	62	61	4
6/30/2024	570	57	53	55	N/A
3/31/2024	574	60	54	56	N/A
12/31/2023	578	64	55	58	N/A
9/30/2023	585	62	58	60	N/A
6/30/2023	592	61	61	62	N/A
3/31/2023	602	64	67	69	N/A
12/31/2022	612	68	74	75	N/A
9/30/2022	621	66	77	79	N/A
6/30/2022	630	64	81	82	N/A
3/31/2022	610	65	66	68	N/A
12/31/2021	591	65	51	53	N/A
9/30/2021	544	64	53	54	N/A
6/30/2021	498	62	54	55	N/A
3/31/2021	465	54	79	80	N/A
12/31/2020	433	47	103	104	N/A
9/30/2020	426	43	93	94	N/A
6/30/2020	421	42	83	85	N/A
3/31/2020	424	43	66	68	N/A
12/31/2019	423	52	58	59	N/A
9/30/2019	428	49	55	56	N/A
6/30/2019	426	50	54	55	N/A
3/31/2019	425	51	55	57	N/A
12/31/2018	428	48	50	52	N/A
9/30/2018	422	54	52	54	N/A
6/30/2018	414	52	44	45	N/A
3/31/2018	404	46	N/A	38	N/A
12/31/2017	392	41	N/A	35	N/A
9/30/2017	383	39	N/A	34	N/A
6/30/2017	377	37	N/A	39	N/A
3/31/2017	370	41	N/A	49	N/A
12/31/2016	365	41	N/A	53	N/A
12/31/2015	356	38	N/A	50	N/A
12/31/2014	324	33	N/A	40	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHZ's forecast earnings growth (2.6% per year) is above the savings rate (2.2%).

Earnings vs Market: CHZ's earnings (2.6% per year) are forecast to grow slower than the SG market (10% per year).

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

Revenue vs Market: CHZ's revenue (3.4% per year) is forecast to grow slower than the SG market (3.7% per year).

High Growth Revenue: CHZ's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CHZ's Return on Equity is forecast to be low in 3 years time (13.7%).

HRnetGroup Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Price target decreased by 8.4% to S$0.90

Price target decreased by 7.7% to S$0.94

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase to S$0.059

Price target raised to S$0.64

Recent updates

Upcoming dividend of S$0.019 per share

HRnetGroup (SGX:CHZ) Is Paying Out A Dividend Of SGD0.0187

First half 2024 earnings released: EPS: S$0.022 (vs S$0.029 in 1H 2023)

First half dividend of S$0.019 announced

Hrnetgroup Limited Announces Interim Tax Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2024, Payable on 12 August 2024

HRnetGroup Limited to Report First Half, 2024 Results on Aug 12, 2024

HRnetGroup's (SGX:CHZ) Upcoming Dividend Will Be Larger Than Last Year's

Final dividend increased to S$0.021

HRnetGroup Limited Approves Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2023, Payable on May 24, 2024

HRnetGroup Limited, Annual General Meeting, Apr 25, 2024

Hrnetgroup Limited Proposes Final Tax Exempt (One-Tier) Dividend

Consensus EPS estimates fall by 11%

HRnetGroup Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Full year 2023 earnings released: EPS: S$0.064 (vs S$0.067 in FY 2022)

HRnetGroup (SGX:CHZ) Has Announced That Its Dividend Will Be Reduced To SGD0.0187

Upcoming dividend of S$0.019 per share at 5.0% yield

New major risk - Revenue and earnings growth

First half 2023 earnings released: EPS: S$0.029 (vs S$0.035 in 1H 2022)

An unknown buyer acquired 8% stake in RecruitFirst Staffing Sdn. Bhd. from HRnetGroup Limited (SGX:CHZ) for SGD 0.2 million.

Price target decreased by 8.4% to S$0.90

Price target decreased by 7.7% to S$0.94

High number of new directors

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Consensus EPS estimates fall by 10%

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

HRnetGroup Limited announced that it has received SGD 1 million in funding

HRnetGroup Limited announced that it has received SGD 1 million in funding

HRnetGroup Limited (SGX:CHZ) completed the acquisition of 49% of Octomate Pte Ltd from an independent seller.

HRnetGroup Limited (SGX:CHZ) agreed to acquire 48% of Octomate Pte Ltd from an independent seller for SGD 0.65 million.

Upcoming dividend of S$0.021 per share

First half 2022 earnings released: EPS: S$0.035 (vs S$0.036 in 1H 2021)

HRnetGroup Limited Declares Interim Dividend, Payable on 6 September 2022

HRnetGroup Limited Announces Promotions of Business Leader Co-Owners

HRnetGroup Limited Announces Executive Changes, With Effect From 1 July, 2022

At S$0.70, Is HRnetGroup Limited (SGX:CHZ) Worth Looking At Closely?

Less than half of directors are independent

HRnetGroup Limited Announces Resignation of Tan Ngiap Siew as Independent Non-Executive Director and Cessation as Chairman of Remuneration Committee and Member of Audit and Nominating Committees

Insufficient new directors

HRnetGroup Limited Announces Retirement of Sin Boon Ann as Lead Independent Non-Executive Director

HRnetGroup Limited Promotes Adeline Sim to Executive Director & Chief Legal Officer

Full year 2021 earnings: Revenues exceed analyst expectations

HRnetGroup Limited Proposes to Declare a Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2021

HRnetGroup Limited Proposes Final Dividend for the Financial Year Ended December 31, 2021

Full year 2021 earnings: EPS and revenues exceed analyst expectations

HRnetGroup Limited Announces Promotions

Upcoming dividend of S$0.01 per share

Consensus EPS estimates increase to S$0.059

HRnetGroup Limited's (SGX:CHZ) Intrinsic Value Is Potentially 43% Above Its Share Price

Is There Now An Opportunity In HRnetGroup Limited (SGX:CHZ)?

There Are Reasons To Feel Uneasy About HRnetGroup's (SGX:CHZ) Returns On Capital

Full year 2020 earnings released: EPS S$0.047 (vs S$0.051 in FY 2019)

Does HRnetGroup Limited (SGX:CHZ) Have A Place In Your Dividend Portfolio?

Calculating The Intrinsic Value Of HRnetGroup Limited (SGX:CHZ)

New Forecasts: Here's What Analysts Think The Future Holds For HRnetGroup Limited (SGX:CHZ)

Price target raised to S$0.64

HRnetGroup Limited Just Recorded A 21% EPS Beat: Here's What Analysts Are Forecasting Next

Full year 2020 earnings released

Revenue and earnings beat expectations

Is Now An Opportune Moment To Examine HRnetGroup Limited (SGX:CHZ)?

New 90-day high: S$0.58

HRnetGroup's(SGX:CHZ) Share Price Is Down 33% Over The Past Three Years.

Are Robust Financials Driving The Recent Rally In HRnetGroup Limited's (SGX:CHZ) Stock?

Has HRnetGroup (SGX:CHZ) Got What It Takes To Become A Multi-Bagger?

Should HRnetGroup Limited (SGX:CHZ) Be Part Of Your Dividend Portfolio?

New 90-day high: S$0.54

Price target raised to S$0.55

Here's Why We Think HRnetGroup's (SGX:CHZ) Statutory Earnings Might Be Conservative

Calculating The Intrinsic Value Of HRnetGroup Limited (SGX:CHZ)

New 90-day high: S$0.51