SCB X Future Growth

Future criteria checks 2/6

SCB X is forecast to grow earnings and revenue by 5% and 10.1% per annum respectively. EPS is expected to grow by 4.6% per annum. Return on equity is forecast to be 9.4% in 3 years.

Key information

5.0%

Earnings growth rate

4.6%

EPS growth rate

Banks earnings growth	4.7%
Revenue growth rate	10.1%
Future return on equity	9.4%
Analyst coverage	Good
Last updated	25 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:SCB-R - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	180,521	47,600	N/A	N/A	18
12/31/2025	174,966	44,673	N/A	N/A	19
12/31/2024	172,626	41,882	N/A	N/A	19
9/30/2024	128,962	43,231	76,140	83,996	N/A
6/30/2024	128,733	41,953	35,448	42,772	N/A
3/31/2024	129,325	43,807	143,821	150,999	N/A
12/31/2023	127,503	43,521	95,378	102,899	N/A
9/30/2023	125,469	39,669	-30,769	-24,753	N/A
6/30/2023	126,377	40,315	90,586	97,555	N/A
3/31/2023	122,610	38,497	60,518	68,187	N/A
12/31/2022	120,592	37,546	95,306	102,100	N/A
9/30/2022	116,669	38,275	13,805	20,715	N/A
6/30/2022	111,537	36,782	-86,797	-79,734	N/A
3/31/2022	109,526	35,546	-81,352	-75,503	N/A
12/31/2021	108,318	35,590	-121,629	-115,535	N/A
9/30/2021	103,193	32,684	-37,546	-32,265	N/A
6/30/2021	97,847	28,509	-111,878	-108,114	N/A
3/31/2021	97,949	28,054	-43,505	-39,559	N/A
12/31/2020	98,118	27,218	-204,101	-200,078	N/A
9/30/2020	101,413	27,758	-116,366	-110,767	N/A
6/30/2020	125,062	37,915	-111,034	-104,351	N/A
3/31/2020	128,651	40,531	-230,590	-223,592	N/A
12/31/2019	129,887	40,436	-33,377	-25,989	N/A
9/30/2019	129,371	42,014	-40,771	-32,420	N/A
6/30/2019	113,781	37,724	4,734	14,256	N/A
3/31/2019	112,985	37,860	20,745	31,055	N/A
12/31/2018	114,202	40,068	-41,594	-30,211	N/A
9/30/2018	116,154	42,183	-160,872	-147,527	N/A
6/30/2018	113,703	41,805	N/A	-104,798	N/A
3/31/2018	113,337	42,604	N/A	-97,670	N/A
12/31/2017	111,146	43,152	N/A	-60,231	N/A
9/30/2017	114,889	46,669	N/A	-66,994	N/A
6/30/2017	114,930	48,071	N/A	-119,191	N/A
3/31/2017	114,346	48,978	N/A	-36,167	N/A
12/31/2016	110,806	47,612	N/A	-64,316	N/A
9/30/2016	107,497	46,692	N/A	90,276	N/A
6/30/2016	103,569	44,177	N/A	69,490	N/A
3/31/2016	103,268	44,577	N/A	19,409	N/A
12/31/2015	107,535	47,182	N/A	68,086	N/A
9/30/2015	108,519	47,618	N/A	-53,367	N/A
6/30/2015	113,856	51,852	N/A	2,154	N/A
3/31/2015	116,147	53,358	N/A	-46,983	N/A
12/31/2014	114,916	53,335	N/A	-70,100	N/A
9/30/2014	114,369	52,856	N/A	-76,394	N/A
6/30/2014	113,811	52,325	N/A	-61,506	N/A
3/31/2014	110,531	50,245	N/A	-95,097	N/A
12/31/2013	109,890	50,233	N/A	-167,150	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SCB-R's forecast earnings growth (5% per year) is above the savings rate (2%).

Earnings vs Market: SCB-R's earnings (5% per year) are forecast to grow slower than the TH market (17.9% per year).

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

Revenue vs Market: SCB-R's revenue (10.1% per year) is forecast to grow faster than the TH market (6.9% per year).

High Growth Revenue: SCB-R's revenue (10.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SCB-R's Return on Equity is forecast to be low in 3 years time (9.4%).

SCB X Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

SCB X Public Company Limited Provides Consolidated Earnings Guidance for the Year 2023

Recent updates

The Brooker Group Public Company Limited (SET:BTC), Sct Rental Car Company Limited, Loxbit Public Company Limited, Meesiri Company Limited and Yip In Tsoi Company Limited agreed to acquire Purple Ventures Company Limited from SCB X Public Company Limited (SET:SCB) for THB 2.0 billion.

SCB X Public Company Limited Appoints Veerathai Santiprabhob as an Independent Director

SCB X Public Company Limited Announces an Interim Cash Dividend, Payable on 23 September 2024

SCB X Public Company Limited Board and Committee Changes

SCB X Public Company Limited to Report Q1, 2024 Results on Apr 19, 2024

SCB X Public Company Limited Approves Cash Dividend, Payable on 3 May 2024

SCB X Public Company Limited, Annual General Meeting, Apr 05, 2024

SCB X Public Company Limited Proposes Cash Dividend, Payable on 3 May 2024

SCB X Public Company Limited Appoints Tibordee Wattanakul as Director

SCB X Public Company Limited to Report Q3, 2023 Results on Oct 20, 2023

SCB X Public Company Limited Announces Interim Cash Dividend, Payable on September 29, 2023

SCB X Public Company Limited Announces Interim Cash Dividend, Payable on September 29, 2023

SCB X Public Company Limited and Card X Company Limited Announce Resignation of Weerawong Chittmittrapap as Director

SCB X Public Company Limited Provides Consolidated Earnings Guidance for the Year 2023

SCB X Public Company Limited Announces Appointment of Kulaya Tantitemit as Director

SCB X Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to September 30, 2022, Payable on November 3, 2022

SCB X Public Company Limited Announces Appointment of Aorapin Sinthawornkul as Head of Finance and Accounting

SCB X Public Company Limited(SET:SCBB) dropped from SET 50 Index

SCB X Public Company Limited Announces Executive Changes

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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