Olam Group Limited

SGX:VC2 Stock Report

Market Cap: S$4.5b

Olam Group Future Growth

Future criteria checks 3/6

Olam Group is forecast to grow earnings and revenue by 42.9% and 3.3% per annum respectively while EPS is expected to grow by 42.8% per annum.

Key information

42.9%

Earnings growth rate

42.77%

EPS growth rate

Consumer Retailing earnings growth15.9%
Revenue growth rate3.3%
Future return on equityn/a
Analyst coverage

Low

Last updated03 May 2026

Recent future growth updates

Recent updates

New Narrative May 04

Reorganization And Deleveraging Will Support Earnings Quality And Resilient Agricultural Demand

Catalysts About Olam Group Olam Group operates globally across food, feed, and agricultural supply chains, connecting upstream sourcing and processing with customers that require essential commodities and ingredients. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 11

Lacklustre Performance Is Driving Olam Group Limited's (SGX:VC2) Low P/E

With a price-to-earnings (or "P/E") ratio of 11.2x Olam Group Limited ( SGX:VC2 ) may be sending bullish signals at the...
Analysis Article Jan 15

The Return Trends At Olam Group (SGX:VC2) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 18

Olam Group (SGX:VC2) Will Pay A Smaller Dividend Than Last Year

Olam Group Limited ( SGX:VC2 ) is reducing its dividend from last year's comparable payment to SGD0.02 on the 29th of...
Analysis Article Jul 21

Estimating The Fair Value Of Olam Group Limited (SGX:VC2)

Key Insights Olam Group's estimated fair value is S$0.97 based on Dividend Discount Model Olam Group's S$1.03 share...
Analysis Article Apr 28

Olam Group's (SGX:VC2) Dividend Will Be SGD0.03

The board of Olam Group Limited ( SGX:VC2 ) has announced that it will pay a dividend on the 14th of May, with...
Analysis Article Apr 15

Olam Group's (SGX:VC2) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Olam Group Limited's ( SGX:VC2 ) recent weak earnings report didn't cause a big stock movement. However, we believe...
Analysis Article Apr 09

Olam Group (SGX:VC2) Is Due To Pay A Dividend Of SGD0.03

Olam Group Limited's ( SGX:VC2 ) investors are due to receive a payment of SGD0.03 per share on 14th of May. This means...
Analysis Article Apr 02

A Look At The Fair Value Of Olam Group Limited (SGX:VC2)

Key Insights Olam Group's estimated fair value is S$0.99 based on Dividend Discount Model Current share price of S$0.95...
Analysis Article Feb 07

Olam Group (SGX:VC2) Shareholders Will Want The ROCE Trajectory To Continue

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 31

A Look At The Intrinsic Value Of Olam Group Limited (SGX:VC2)

Key Insights Using the Dividend Discount Model, Olam Group fair value estimate is S$1.51 Current share price of S$1.22...
Analysis Article Nov 28

Olam Group Limited's (SGX:VC2) Share Price Could Signal Some Risk

When close to half the companies in Singapore have price-to-earnings ratios (or "P/E's") below 11x, you may consider...
Analysis Article Oct 29

We Like These Underlying Return On Capital Trends At Olam Group (SGX:VC2)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Aug 19

Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations

Olam Group Limited's ( SGX:VC2 ) stock didn't jump after it announced some healthy earnings. We did some digging and...
Analysis Article Aug 12

Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing

Olam Group Limited's ( SGX:VC2 ) price-to-earnings (or "P/E") ratio of 16.9x might make it look like a strong sell...
Analysis Article May 21

Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article Apr 20

Olam Group's (SGX:VC2) Dividend Will Be SGD0.04

Olam Group Limited ( SGX:VC2 ) has announced that it will pay a dividend of SGD0.04 per share on the 13th of May. This...
Analysis Article Apr 03

What Olam Group Limited's (SGX:VC2) P/E Is Not Telling You

With a price-to-earnings (or "P/E") ratio of 18.1x Olam Group Limited ( SGX:VC2 ) may be sending very bearish signals...
Analysis Article Mar 07

Olam Group (SGX:VC2) Has Announced A Dividend Of SGD0.04

Olam Group Limited's ( SGX:VC2 ) investors are due to receive a payment of SGD0.04 per share on 13th of May. This means...
Analysis Article Jan 17

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Dec 12

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 06

Returns At Olam Group (SGX:VC2) Are On The Way Up

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Sep 10

These 4 Measures Indicate That Olam Group (SGX:VC2) Is Using Debt In A Risky Way

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 14

Olam Group (SGX:VC2) Is Reducing Its Dividend To SGD0.03

The board of Olam Group Limited ( SGX:VC2 ) has announced that the dividend on 28th of August will be reduced by 25...
Analysis Article Jun 26

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Jun 05

Does Olam Group (SGX:VC2) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 17

Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 02

Calculating The Intrinsic Value Of Olam Group Limited (SGX:VC2)

Key Insights Olam Group's estimated fair value is S$1.5 based on Dividend Discount Model Current share price of S$1.5...
Analysis Article Nov 24

The Return Trends At Olam Group (SGX:VC2) Look Promising

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Sep 22

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 17

Olam Group (SGX:VC2) Is Due To Pay A Dividend Of SGD0.04

The board of Olam Group Limited ( SGX:VC2 ) has announced that it will pay a dividend on the 29th of August, with...
Analysis Article Aug 09

Olam Group (SGX:VC2) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Jul 13

Does Olam Group (SGX:VC2) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jun 13

Is Olam Group (SGX:VC2) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Earnings and Revenue Growth Forecasts

SGX:VC2 - Analysts future estimates and past financials data (SGD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202832,7396907001,2951
12/31/202731,6315365781,1531
12/31/202630,6073522779091
12/31/202529,6891383331,066N/A
9/30/202528,91076-62496N/A
6/30/202561,333323-1,580-875N/A
3/31/202558,798189-3,786-3,097N/A
12/31/202423,061-255-5,992-5,318N/A
9/30/202428,479-74-5,917-5,264N/A
6/30/202433,898106-5,843-5,210N/A
3/31/202441,145176-3,437-2,772N/A
12/31/202348,391246-1,031-335N/A
9/30/202349,812225-809-74N/A
6/30/202351,232204-586186N/A
3/31/202353,112396-216575N/A
12/31/202254,991588153965N/A
9/30/202253,837623-171602N/A
6/30/202252,682658-494240N/A
3/31/202249,874643-249465N/A
12/31/202147,065629-3690N/A
9/30/202144,354450-362336N/A
6/30/202141,643272-721-18N/A
3/31/202138,762231-739-48N/A
12/31/202035,881189-757-78N/A
9/30/202035,273299-350-141N/A
6/30/202034,207362235413N/A
3/31/202034,240258476660N/A
12/31/201933,046261541698N/A
9/30/201932,761270N/A2,004N/A
6/30/201932,738271N/A2,699N/A
3/31/201931,586303N/A2,427N/A
12/31/201830,532292N/A1,483N/A
9/30/201829,300482N/A1,023N/A
6/30/201827,722484N/A1,237N/A
3/31/201826,821538N/A1,075N/A
12/31/201726,330524N/A1,658N/A
9/30/201725,186362N/A1,565N/A
6/30/201723,213362N/A493N/A
3/31/201721,673339N/A603N/A
12/31/201620,634318N/A620N/A
9/30/201619,436-121N/A135N/A
6/30/201619,168-112N/A64N/A
3/31/201619,000-131N/A-254N/A
12/31/201518,559-208N/A-393N/A
9/30/201518,540276N/A-156N/A
6/30/201518,360289N/A26N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VC2's forecast earnings growth (42.9% per year) is above the savings rate (2.6%).

Earnings vs Market: VC2's earnings (42.9% per year) are forecast to grow faster than the SG market (6.8% per year).

High Growth Earnings: VC2's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VC2's revenue (3.3% per year) is forecast to grow slower than the SG market (5.3% per year).

High Growth Revenue: VC2's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VC2's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 04:03
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Olam Group Limited is covered by 18 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen WilderAlliance Global Partners
Ephrem RaviBarclays
Jeffrey NgBofA Global Research