Thai Credit Bank Future Growth
Future criteria checks 3/6
Thai Credit Bank is forecast to grow earnings and revenue by 9.8% and 22.5% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 14.1% in 3 years.
Key information
9.8%
Earnings growth rate
9.2%
EPS growth rate
| Banks earnings growth | 4.7% |
| Revenue growth rate | 22.5% |
| Future return on equity | 14.1% |
| Analyst coverage | Low |
| Last updated | 23 Oct 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 17,745 | 3,809 | N/A | N/A | 2 |
| 12/31/2025 | 16,189 | 3,394 | N/A | N/A | 2 |
| 12/31/2024 | 14,384 | 2,874 | N/A | N/A | 1 |
| 9/30/2024 | 9,583 | 3,172 | N/A | N/A | N/A |
| 6/30/2024 | 9,174 | 2,996 | -14,046 | -13,693 | N/A |
| 3/31/2024 | 9,038 | 3,080 | -12,855 | -12,443 | N/A |
| 12/31/2023 | 9,399 | 3,557 | -8,146 | -7,731 | N/A |
| 9/30/2023 | 8,836 | 3,204 | -12,357 | -11,990 | N/A |
| 12/31/2022 | 7,396 | 2,353 | -29,257 | -29,094 | N/A |
| 12/31/2021 | 6,132 | 1,935 | -22,893 | -22,771 | N/A |
| 12/31/2020 | 4,852 | 1,373 | -15,174 | -15,085 | N/A |
| 12/31/2019 | 3,883 | 710 | -4,971 | -4,804 | N/A |
| 12/31/2018 | 3,380 | 771 | -4,146 | -3,988 | N/A |
| 12/31/2017 | 2,661 | 531 | N/A | -7,163 | N/A |
| 12/31/2016 | 1,937 | 326 | N/A | -6,616 | N/A |
| 12/31/2015 | 1,450 | 111 | N/A | -4,367 | N/A |
| 12/31/2014 | 1,236 | 47 | N/A | -3,276 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CREDIT-R's forecast earnings growth (9.8% per year) is above the savings rate (2%).
Earnings vs Market: CREDIT-R's earnings (9.8% per year) are forecast to grow slower than the TH market (16.9% per year).
High Growth Earnings: CREDIT-R's earnings are forecast to grow, but not significantly.
Revenue vs Market: CREDIT-R's revenue (22.5% per year) is forecast to grow faster than the TH market (6.5% per year).
High Growth Revenue: CREDIT-R's revenue (22.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CREDIT-R's Return on Equity is forecast to be low in 3 years time (14.1%).