PropNex Future Growth

Future criteria checks 2/6

PropNex is forecast to grow earnings and revenue by 6% and 2.5% per annum respectively. EPS is expected to grow by 6.5% per annum. Return on equity is forecast to be 33% in 3 years.

Key information

6.0%

Earnings growth rate

6.5%

EPS growth rate

Real Estate earnings growth	29.4%
Revenue growth rate	2.5%
Future return on equity	33.0%
Analyst coverage	Low
Last updated	05 Nov 2024

Recent future growth updates

Recent updates

News Flash: 5 Analysts Think PropNex Limited (SGX:OYY) Earnings Are Under Threat

Mar 04

PropNex's (SGX:OYY) Dividend Will Be SGD0.08

Apr 04

What Does PropNex Limited's (SGX:OYY) Share Price Indicate?

Mar 02

Analysts Just Made A Meaningful Upgrade To Their PropNex Limited (SGX:OYY) Forecasts

Nov 13

News Flash: Analysts Just Made A Sizeable Upgrade To Their PropNex Limited (SGX:OYY) Forecasts

May 18

Should You Be Adding PropNex (SGX:OYY) To Your Watchlist Today?

Mar 25

Is It Too Late To Consider Buying PropNex Limited (SGX:OYY)?

Mar 11

PropNex Limited (SGX:OYY) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts

Feb 26

Did PropNex's (SGX:OYY) Share Price Deserve to Gain 48%?

Feb 24

What You Need To Know About PropNex Limited's (SGX:OYY) Investor Composition

Feb 11

Should PropNex Limited (SGX:OYY) Be Part Of Your Dividend Portfolio?

Jan 29

Co-Founder Mohamed Ismail Gafoore Just Bought 1.5% More Shares In PropNex Limited (SGX:OYY)

Jan 16

Are Strong Financial Prospects The Force That Is Driving The Momentum In PropNex Limited's SGX:OYY) Stock?

Jan 08

Here's Why I Think PropNex (SGX:OYY) Might Deserve Your Attention Today

Dec 24

Keng-Seong Fong Is The Executive Director of PropNex Limited (SGX:OYY) And Just Spent S$121k On Shares

Dec 07

Is It Too Late To Consider Buying PropNex Limited (SGX:OYY)?

Dec 02

Earnings and Revenue Growth Forecasts

SGX:OYY - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	862	51	96	66	3
12/31/2025	837	50	88	65	4
12/31/2024	800	45	75	57	4
6/30/2024	819	45	43	43	N/A
3/31/2024	829	46	50	51	N/A
12/31/2023	838	48	58	58	N/A
9/30/2023	900	53	56	57	N/A
6/30/2023	921	57	58	59	N/A
3/31/2023	970	59	44	44	N/A
12/31/2022	1,029	62	51	51	N/A
9/30/2022	973	59	65	66	N/A
6/30/2022	949	56	74	74	N/A
3/31/2022	979	59	92	93	N/A
12/31/2021	957	59	83	83	N/A
9/30/2021	871	52	68	69	N/A
6/30/2021	754	45	54	54	N/A
3/31/2021	599	35	46	46	N/A
12/31/2020	513	29	41	42	N/A
9/30/2020	489	29	38	38	N/A
6/30/2020	494	29	37	38	N/A
3/31/2020	481	26	32	33	N/A
12/31/2019	420	20	27	29	N/A
9/30/2019	372	14	19	21	N/A
6/30/2019	373	15	17	19	N/A
3/31/2019	403	15	17	20	N/A
12/31/2018	432	19	21	23	N/A
9/30/2018	448	22	26	28	N/A
6/30/2018	422	20	25	28	N/A
3/31/2018	368	19	N/A	27	N/A
12/31/2017	332	16	N/A	24	N/A
12/31/2016	245	8	N/A	10	N/A
12/31/2015	205	7	N/A	5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OYY's forecast earnings growth (6% per year) is above the savings rate (2.2%).

Earnings vs Market: OYY's earnings (6% per year) are forecast to grow slower than the SG market (11.4% per year).

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

Revenue vs Market: OYY's revenue (2.5% per year) is forecast to grow slower than the SG market (3.8% per year).

High Growth Revenue: OYY's revenue (2.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OYY's Return on Equity is forecast to be high in 3 years time (33%)

PropNex Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 11% to S$1.03

Price target increased by 7.7% to S$1.15

Price target increased by 9.4% to S$2.00

Price target decreased to S$1.77

Consensus revenue estimates increase to S$747.6m

Consensus forecasts updated

Recent updates

First half dividend reduced to S$0.022

PropNex Limited Approves Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2023, Payable on 10 May 2024

Upcoming dividend of S$0.035 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

PropNex Limited, Annual General Meeting, Apr 23, 2024

Deputy CEO & Executive Director recently bought S$88k worth of stock

News Flash: 5 Analysts Think PropNex Limited (SGX:OYY) Earnings Are Under Threat

Price target decreased by 11% to S$1.03

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

Propnex Limited Appoints Mr. Kelvin Fong as Deputy Chief Executive Officer

Upcoming dividend of S$0.025 per share at 6.8% yield

Price target increased by 7.7% to S$1.15

PropNex Limited Announces One Tier Tax-Exempt Interim Dividend for the Year Ending December 31, 2023, Payable on September 4, 2023

First half 2023 earnings released: EPS: S$0.03 (vs S$0.037 in 1H 2022)

Executive Director recently bought S$228k worth of stock

Executive Director recently bought S$402k worth of stock

Investor sentiment improves as stock rises 17%

Upcoming dividend of S$0.08 per share at 6.3% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

PropNex's (SGX:OYY) Dividend Will Be SGD0.08

Price target increased by 9.4% to S$2.00

What Does PropNex Limited's (SGX:OYY) Share Price Indicate?

Full year 2022 earnings released

PropNex Limited Announces Resignation of Cheong Yew Meng as Chief Financial Officer, Effective 27 February 2023

Insufficient new directors

Analysts Just Made A Meaningful Upgrade To Their PropNex Limited (SGX:OYY) Forecasts

Third quarter 2022 earnings released

Price target decreased to S$1.77

Upcoming dividend of S$0.055 per share

PropNex Limited Announces One Tier Tax-Exempt Interim Dividend for the Financial Year Ending December 31, 2022, Payable on September 02, 2022

Second quarter 2022 earnings released

What Is PropNex Limited's (SGX:OYY) Share Price Doing?

Executive Director recently bought S$110k worth of stock

Executive Director recently bought S$163k worth of stock

Executive Director recently bought S$511k worth of stock

Upcoming dividend of S$0.07 per share

PropNex (SGX:OYY) Is Increasing Its Dividend To S$0.07

Insufficient new directors

PropNex Limited Declares Final One-Tier Tax Exempt Dividend for the Year Ended 31 December 2021

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

PropNex Limited, Annual General Meeting, Apr 25, 2022

PropNex (SGX:OYY) Is Paying Out A Larger Dividend Than Last Year

PropNex Limited Proposes Final Tax Exempt (One-Tier) Dividend for the Year Ended December 31, 2021, Payable on May 20, 2022

Full year 2021 earnings: Revenues miss analyst expectations

Co-Founder recently bought S$672k worth of stock

Third quarter 2021 earnings released

Analysts Just Made A Neat Upgrade To Their PropNex Limited (SGX:OYY) Forecasts

Consensus revenue estimates increase to S$747.6m

Executive Director recently bought S$540k worth of stock

Investor sentiment improved over the past week

At S$1.65, Is PropNex Limited (SGX:OYY) Worth Looking At Closely?

Executive Director recently bought S$343k worth of stock

Investor sentiment improved over the past week

News Flash: Analysts Just Made A Sizeable Upgrade To Their PropNex Limited (SGX:OYY) Forecasts

Consensus forecasts updated

Price target increased to S$1.03

First quarter 2021 earnings released

Upcoming dividend of S$0.04 per share

PropNex Limited Approves Final One-Tier Tax Exempt Dividend for the Year Ended 31 December 2020

Full year 2020 earnings released: EPS S$0.079 (vs S$0.054 in FY 2019)

Should You Be Adding PropNex (SGX:OYY) To Your Watchlist Today?

Is It Too Late To Consider Buying PropNex Limited (SGX:OYY)?

New 90-day high: S$0.88

Analysts increase EPS estimates to S$0.076

PropNex Limited (SGX:OYY) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts

Full year 2020 earnings released: EPS S$0.079 (vs S$0.054 in FY 2019)

Revenue and earnings beat expectations