Genting Singapore Future Growth

Future criteria checks 2/6

Genting Singapore is forecast to grow earnings and revenue by 4.5% and 4.2% per annum respectively. EPS is expected to grow by 3.4% per annum. Return on equity is forecast to be 8.5% in 3 years.

Key information

4.5%

Earnings growth rate

3.4%

EPS growth rate

Hospitality earnings growth	23.0%
Revenue growth rate	4.2%
Future return on equity	8.5%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Recent updates

Is Genting Singapore Limited (SGX:G13) Expensive For A Reason? A Look At Its Intrinsic Value

Dec 16

Unpleasant Surprises Could Be In Store For Genting Singapore Limited's (SGX:G13) Shares

May 22

At S$1.04, Is It Time To Put Genting Singapore Limited (SGX:G13) On Your Watch List?

Feb 19

Here's What's Concerning About Genting Singapore's (SGX:G13) Returns On Capital

Jan 19

Genting Singapore Limited (SGX:G13) Shares Could Be 23% Below Their Intrinsic Value Estimate

Jan 04

Earnings and Revenue Growth Forecasts

SGX:G13 - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,885	725	339	1,184	15
12/31/2025	2,736	684	339	1,123	17
12/31/2024	2,541	600	254	966	17
6/30/2024	2,693	692	668	1,012	N/A
3/31/2024	2,555	652	647	985	N/A
12/31/2023	2,418	612	627	959	N/A
9/30/2023	2,280	572	672	950	N/A
6/30/2023	2,143	532	717	942	N/A
3/31/2023	1,934	436	668	874	N/A
12/31/2022	1,725	340	620	807	N/A
9/30/2022	1,450	260	431	620	N/A
6/30/2022	1,176	180	243	433	N/A
3/31/2022	1,121	181	-162	405	N/A
12/31/2021	1,067	183	-567	378	N/A
9/30/2021	1,119	229	-534	394	N/A
6/30/2021	1,170	274	-502	410	N/A
3/31/2021	1,117	172	-174	328	N/A
12/31/2020	1,064	69	154	247	N/A
9/30/2020	1,363	132	335	452	N/A
6/30/2020	1,651	198	459	585	N/A
3/31/2020	2,064	425	679	821	N/A
12/31/2019	2,480	689	839	1,086	N/A
9/30/2019	2,538	683	891	1,123	N/A
6/30/2019	2,581	734	868	1,131	N/A
3/31/2019	2,504	744	885	1,123	N/A
12/31/2018	2,539	755	1,024	1,146	N/A
9/30/2018	2,455	738	927	1,049	N/A
6/30/2018	2,445	671	1,152	1,240	N/A
3/31/2018	2,481	637	N/A	1,258	N/A
12/31/2017	2,393	601	N/A	1,256	N/A
9/30/2017	2,370	627	N/A	1,264	N/A
6/30/2017	2,322	590	N/A	1,163	N/A
3/31/2017	2,207	437	N/A	1,194	N/A
12/31/2016	2,228	266	N/A	1,165	N/A
9/30/2016	2,218	99	N/A	1,214	N/A
6/30/2016	2,272	30	N/A	1,202	N/A
3/31/2016	2,370	23	N/A	1,240	N/A
12/31/2015	2,401	75	N/A	1,262	N/A
9/30/2015	2,491	172	N/A	1,230	N/A
6/30/2015	2,500	232	N/A	1,139	N/A
3/31/2015	2,673	352	N/A	1,089	N/A
12/31/2014	2,862	517	N/A	956	N/A
9/30/2014	2,918	568	N/A	814	N/A
6/30/2014	3,050	664	N/A	700	N/A
3/31/2014	3,007	702	N/A	735	N/A
12/31/2013	2,847	589	N/A	821	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: G13's forecast earnings growth (4.5% per year) is above the savings rate (2.2%).

Earnings vs Market: G13's earnings (4.5% per year) are forecast to grow slower than the SG market (11.3% per year).

High Growth Earnings: G13's earnings are forecast to grow, but not significantly.

Revenue vs Market: G13's revenue (4.2% per year) is forecast to grow faster than the SG market (3.7% per year).

High Growth Revenue: G13's revenue (4.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: G13's Return on Equity is forecast to be low in 3 years time (8.5%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 19:53
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Genting Singapore Limited is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Huey Gan	AmInvestment Bank Berhad
Michael Greenall	BNP Paribas Securities (Asia)
Ronald Leung	BofA Global Research

Genting Singapore Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 7.3% to S$1.09

Consensus revenue estimates fall by 12%

Consensus revenue estimates fall to S$1.37b

Price target raised to S$0.83

Recent updates

Is Genting Singapore Limited (SGX:G13) Expensive For A Reason? A Look At Its Intrinsic Value

Genting Singapore (SGX:G13) Has Some Way To Go To Become A Multi-Bagger

Insufficient new directors

With EPS Growth And More, Genting Singapore (SGX:G13) Makes An Interesting Case

First half dividend of S$0.02 announced

Genting Singapore Limited Proposes One-Tier Tax Exempt Interim Dividend for the Financial Year Ending 31 December 2024, Payable on September 18, 2024

Returns On Capital At Genting Singapore (SGX:G13) Paint A Concerning Picture

Genting Singapore Limited to Report First Half, 2024 Results on Aug 14, 2024

Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.88?

Unpleasant Surprises Could Be In Store For Genting Singapore Limited's (SGX:G13) Shares

Genting Singapore Limited Appoints Wong Chien Chien as Independent Non-Executive Director

Genting Singapore Limited Approves Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2023

Genting Singapore Limited, Annual General Meeting, Apr 18, 2024

Full year 2023 earnings: EPS misses analyst expectations

Genting Singapore Limited Appoints Andrew Macdonald as Director

At S$1.04, Is It Time To Put Genting Singapore Limited (SGX:G13) On Your Watch List?

Now 20% undervalued

Here's What's Concerning About Genting Singapore's (SGX:G13) Returns On Capital

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

Now 21% undervalued

Genting Singapore Limited (SGX:G13) Shares Could Be 23% Below Their Intrinsic Value Estimate

Upcoming dividend of S$0.015 per share at 3.8% yield

Genting Singapore Limited Proposes One-Tier Tax Exempt Interim Dividend for the Financial Year Ending 31 December 2023, Payable on 22 September 2023

First half 2023 earnings released: EPS: S$0.023 (vs S$0.007 in 1H 2022)

Genting Singapore Limited to Report First Half, 2023 Results on Aug 10, 2023

Insufficient new directors

Upcoming dividend of S$0.02 per share at 3.5% yield

Price target increased by 7.3% to S$1.09

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Genting Singapore Limited Announces Executive Changes

Genting Singapore Limited to Report Fiscal Year 2022 Results on Feb 20, 2023

Upcoming dividend of S$0.01 per share

Genting Singapore Limited Proposes One-Tier Tax Exempt Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 20 September 2022

First half 2022 earnings released

Genting Singapore Limited to Report First Half, 2022 Results on Aug 12, 2022

Genting Singapore Limited Appoints Tan Hee Teck as CEO

Upcoming dividend of S$0.01 per share

Genting Singapore Limited Approves Final One-Tier Tax Exempt Dividend

Genting Singapore Limited Proposes Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2021, Payable on 25 May 2022

Genting Singapore Limited Proposes Final One-Tier Tax Exempt Dividend

Genting Singapore Limited, Annual General Meeting, Apr 21, 2022

Genting Singapore Limited, Annual General Meeting, Apr 21, 2022

Consensus revenue estimates fall by 12%

Full year 2021 earnings: EPS and revenues miss analyst expectations

Genting Singapore Limited Proposes Final Dividend in Respect of the Financial Year Ended 31 December 2021

Consensus revenue estimates fall to S$1.37b

Upcoming dividend of S$0.01 per share

Full year 2020 earnings released: EPS S$0.006 (vs S$0.057 in FY 2019)

New 90-day high: S$0.90

Full year 2020 earnings released

Earnings beat expectations, revenue disappoints

Genting Singapore Limited to Report Fiscal Year 2020 Results on Feb 09, 2021

New 90-day high: S$0.85

Price target raised to S$0.83

New 90-day high: S$0.73

New 90-day low: S$0.67

New 90-day low - S$0.67

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources