Venture Future Growth

Future criteria checks 2/6

Venture is forecast to grow earnings and revenue by 6.8% and 5% per annum respectively. EPS is expected to grow by 7.4% per annum. Return on equity is forecast to be 9.8% in 3 years.

Key information

6.8%

Earnings growth rate

7.4%

EPS growth rate

Electronic earnings growth	25.5%
Revenue growth rate	5.0%
Future return on equity	9.8%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

Recent updates

Venture Corporation Limited (SGX:V03) Investors Are Less Pessimistic Than Expected

Jun 22

There Are Reasons To Feel Uneasy About Venture's (SGX:V03) Returns On Capital

Apr 29

There May Be Reason For Hope In Venture's (SGX:V03) Disappointing Earnings

Apr 10

Venture (SGX:V03) Will Pay A Dividend Of SGD0.50

Apr 04

Venture (SGX:V03) Will Pay A Dividend Of SGD0.50

Feb 25

Unpleasant Surprises Could Be In Store For Venture Corporation Limited's (SGX:V03) Shares

Jan 24

Is Venture (SGX:V03) A Risky Investment?

Dec 16

Estimating The Fair Value Of Venture Corporation Limited (SGX:V03)

Nov 08

Is It Time To Consider Buying Venture Corporation Limited (SGX:V03)?

Sep 14

Venture (SGX:V03) Has Announced A Dividend Of SGD0.25

Aug 28

Venture (SGX:V03) Has Affirmed Its Dividend Of SGD0.25

Aug 07

Venture (SGX:V03) Is Reinvesting At Lower Rates Of Return

Aug 04

Venture (SGX:V03) Has Announced A Dividend Of SGD0.50

May 04

Is There An Opportunity With Venture Corporation Limited's (SGX:V03) 49% Undervaluation?

Apr 26

Venture's (SGX:V03) Returns On Capital Not Reflecting Well On The Business

Apr 04

Venture Corporation Limited's (SGX:V03) Intrinsic Value Is Potentially 21% Below Its Share Price

Jan 10

Venture (SGX:V03) Has More To Do To Multiply In Value Going Forward

Dec 14

Calculating The Fair Value Of Venture Corporation Limited (SGX:V03)

Sep 19

Venture's (SGX:V03) Returns Have Hit A Wall

Sep 01

Venture (SGX:V03) Is Paying Out A Dividend Of SGD0.25

Aug 08

Venture (SGX:V03) Seems To Use Debt Rather Sparingly

Jun 16

Venture (SGX:V03) Is Doing The Right Things To Multiply Its Share Price

Jun 03

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.50

May 02

Venture (SGX:V03) Will Pay A Dividend Of S$0.50

Apr 18

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.50

Apr 04

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.50

Feb 27

Is Venture Corporation Limited (SGX:V03) Trading At A 42% Discount?

Jan 11

We Like These Underlying Return On Capital Trends At Venture (SGX:V03)

Dec 27

We Think Venture (SGX:V03) Can Manage Its Debt With Ease

Dec 14

Are Investors Undervaluing Venture Corporation Limited (SGX:V03) By 29%?

Sep 21

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.25

Sep 01

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.25

Aug 09

Returns At Venture (SGX:V03) Are On The Way Up

Jul 15

Three Things You Should Check Before Buying Venture Corporation Limited (SGX:V03) For Its Dividend

Mar 23

A Look At The Intrinsic Value Of Venture Corporation Limited (SGX:V03)

Mar 08

What We Make Of Venture's (SGX:V03) Returns On Capital

Feb 22

Earnings and Revenue Growth Forecasts

SGX:V03 - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,193	297	348	321	11
12/31/2025	3,074	286	174	229	13
12/31/2024	2,895	259	485	384	13
6/30/2024	2,827	254	504	536	N/A
3/31/2024	2,895	258	N/A	N/A	N/A
12/31/2023	3,025	270	474	521	N/A
9/30/2023	3,334	301	N/A	N/A	N/A
6/30/2023	3,650	335	425	477	N/A
3/31/2023	3,796	359	N/A	N/A	N/A
12/31/2022	3,864	370	235	269	N/A
9/30/2022	3,724	366	N/A	N/A	N/A
6/30/2022	3,471	346	-3	12	N/A
3/31/2022	3,310	331	N/A	N/A	N/A
12/31/2021	3,107	312	90	102	N/A
9/30/2021	3,031	304	N/A	N/A	N/A
6/30/2021	3,079	307	312	339	N/A
3/31/2021	3,027	302	N/A	N/A	N/A
12/31/2020	3,013	297	425	453	N/A
9/30/2020	3,116	307	N/A	N/A	N/A
6/30/2020	3,167	312	251	277	N/A
3/31/2020	3,378	333	N/A	N/A	N/A
12/31/2019	3,633	363	195	230	N/A
9/30/2019	3,607	375	308	343	N/A
6/30/2019	3,509	370	308	334	N/A
3/31/2019	3,557	377	305	326	N/A
12/31/2018	3,485	370	195	254	N/A
9/30/2018	3,665	405	336	401	N/A
6/30/2018	3,957	436	403	472	N/A
3/31/2018	4,017	408	N/A	477	N/A
12/31/2017	4,005	373	N/A	449	N/A
9/30/2017	3,773	284	N/A	324	N/A
6/30/2017	3,416	220	N/A	205	N/A
3/31/2017	3,087	193	N/A	136	N/A
12/31/2016	2,874	181	N/A	231	N/A
9/30/2016	2,714	171	N/A	292	N/A
6/30/2016	2,701	165	N/A	301	N/A
3/31/2016	2,679	157	N/A	297	N/A
12/31/2015	2,657	154	N/A	234	N/A
9/30/2015	2,637	85	N/A	186	N/A
6/30/2015	2,543	80	N/A	151	N/A
3/31/2015	2,483	78	N/A	163	N/A
12/31/2014	2,465	76	N/A	168	N/A
9/30/2014	2,414	138	N/A	134	N/A
6/30/2014	2,403	137	N/A	123	N/A
3/31/2014	2,390	134	N/A	134	N/A
12/31/2013	2,330	131	N/A	106	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: V03's forecast earnings growth (6.8% per year) is above the savings rate (2.2%).

Earnings vs Market: V03's earnings (6.8% per year) are forecast to grow slower than the SG market (11.4% per year).

High Growth Earnings: V03's earnings are forecast to grow, but not significantly.

Revenue vs Market: V03's revenue (5% per year) is forecast to grow faster than the SG market (3.8% per year).

High Growth Revenue: V03's revenue (5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: V03's Return on Equity is forecast to be low in 3 years time (9.8%).

Venture Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 8.0% to S$14.76

Price target decreased by 7.1% to S$16.47

Consensus EPS estimates fall by 10%

Price target decreased by 7.9% to S$18.30

Recent updates

Now 20% undervalued after recent price drop

Capital Allocation Trends At Venture (SGX:V03) Aren't Ideal

Now 20% undervalued after recent price drop

Insufficient new directors

Upcoming dividend of S$0.25 per share

Venture's (SGX:V03) Dividend Will Be SGD0.25

First half dividend of S$0.25 announced

First half 2024 earnings released: EPS: S$0.43 (vs S$0.48 in 1H 2023)

Venture Corporation Limited Announces Board and Committee Changes

Calculating The Intrinsic Value Of Venture Corporation Limited (SGX:V03)

Venture Corporation Limited (SGX:V03) Investors Are Less Pessimistic Than Expected

Venture Corporation Limited Appoints Chong Siak Ching as Independent Non-Executive Director, Effective from June 01, 2024

Venture Corporation Limited Approves Final One-Tier Tax-Exempt Dividend of for Fiscal Year 2023, Payable on May 21, 2024

There Are Reasons To Feel Uneasy About Venture's (SGX:V03) Returns On Capital

Venture Corporation Limited Announces Board Committees Changes

Insufficient new directors

There May Be Reason For Hope In Venture's (SGX:V03) Disappointing Earnings

Full year 2023 earnings: EPS and revenues miss analyst expectations

Venture (SGX:V03) Will Pay A Dividend Of SGD0.50

Venture (SGX:V03) Will Pay A Dividend Of SGD0.50

Final dividend of S$0.50 announced

Full year 2023 earnings released: EPS: S$0.93 (vs S$1.27 in FY 2022)

Venture Corporation Limited, Annual General Meeting, Apr 26, 2024

Venture Corporation Limited Announces Retirement of Yeo Siew Eng as Independent Non-Executive Director Member of Audit & Risk Committee Member of Remuneration Committee

Unpleasant Surprises Could Be In Store For Venture Corporation Limited's (SGX:V03) Shares

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

Is Venture (SGX:V03) A Risky Investment?

Venture Corporation Limited Announces Appointment of Han Thong Kwang as Member of the Audit & Risk Committee with Effect from 1 January 2024

Third quarter 2023 earnings released: EPS: S$0.22 (vs S$0.33 in 3Q 2022)

Estimating The Fair Value Of Venture Corporation Limited (SGX:V03)

Price target decreased by 8.0% to S$14.76

Insufficient new directors

Is It Time To Consider Buying Venture Corporation Limited (SGX:V03)?

Venture (SGX:V03) Has Announced A Dividend Of SGD0.25

Upcoming dividend of S$0.25 per share at 5.7% yield

Venture (SGX:V03) Has Affirmed Its Dividend Of SGD0.25

Price target decreased by 7.1% to S$16.47

Second quarter 2023 earnings released: EPS: S$0.23 (vs S$0.31 in 2Q 2022)

Venture (SGX:V03) Is Reinvesting At Lower Rates Of Return

Venture Corporation Limited Appoints Zhang Yanqiu Juliana as Company Secretary & Head, Corporate Affairs, Effective 1 July 2023

Venture Corporation Limited Appoints Wong Chee Kheong as CEO of Advanced Manufacturing & Design Solutions, Effective June 1, 2023

Consensus EPS estimates fall by 10%

Price target decreased by 7.9% to S$18.30

Venture (SGX:V03) Has Announced A Dividend Of SGD0.50

Upcoming dividend of S$0.50 per share at 4.4% yield

Is There An Opportunity With Venture Corporation Limited's (SGX:V03) 49% Undervaluation?

Full year 2022 earnings: Revenues exceed analyst expectations

Venture's (SGX:V03) Returns On Capital Not Reflecting Well On The Business

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Venture Corporation Limited to Report Fiscal Year 2022 Results on Feb 24, 2023

Venture Corporation Limited's (SGX:V03) Intrinsic Value Is Potentially 21% Below Its Share Price

Venture Corporation Limited Announces Cessation of Jacqueline Emma Christian as Assistant Company Secretary, Effective 31 December 2022

Venture (SGX:V03) Has More To Do To Multiply In Value Going Forward

Third quarter 2022 earnings released: EPS: S$0.33 (vs S$0.26 in 3Q 2021)

Calculating The Fair Value Of Venture Corporation Limited (SGX:V03)

Venture's (SGX:V03) Returns Have Hit A Wall

Upcoming dividend of S$0.25 per share

Venture (SGX:V03) Is Paying Out A Dividend Of SGD0.25

Second quarter 2022 earnings released: EPS: S$0.31 (vs S$0.26 in 2Q 2021)

Venture Corporation Limited Declares Interim Dividend on A One-Tier Tax-Exempt Basis for the First Half 2022, Payable on 15 September 2022

Now 20% undervalued after recent price drop

Venture Corporation Limited to Report First Half, 2022 Results on Aug 05, 2022

Venture (SGX:V03) Seems To Use Debt Rather Sparingly

Venture (SGX:V03) Is Doing The Right Things To Multiply Its Share Price

Upcoming dividend of S$0.50 per share

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.50

Venture (SGX:V03) Will Pay A Dividend Of S$0.50

Full year 2021 earnings: Revenues exceed analyst expectations

Venture Corporation Limited, Annual General Meeting, Apr 28, 2022

Venture (SGX:V03) Has Re-Affirmed Its Dividend Of S$0.50

Venture Corporation Limited Announces Chief Financial Officer Changes