Carabao Group Future Growth

Future criteria checks 3/6

Carabao Group is forecast to grow earnings and revenue by 10% and 10.8% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 22.7% in 3 years.

Key information

10.0%

Earnings growth rate

11.8%

EPS growth rate

Beverage earnings growth	12.4%
Revenue growth rate	10.8%
Future return on equity	22.7%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:CBG-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	24,943	3,524	3,857	4,513	9
12/31/2025	22,900	3,179	3,167	3,883	11
12/31/2024	21,114	2,810	2,555	3,355	10
9/30/2024	19,133	2,709	3,947	4,364	N/A
6/30/2024	18,741	2,498	3,608	4,156	N/A
3/31/2024	18,494	2,289	3,358	4,169	N/A
12/31/2023	17,683	1,924	3,043	3,903	N/A
9/30/2023	16,893	1,683	2,551	3,305	N/A
6/30/2023	16,881	1,629	2,015	2,639	N/A
3/31/2023	17,422	1,890	1,581	2,005	N/A
12/31/2022	18,082	2,286	1,686	2,131	N/A
9/30/2022	17,917	2,491	1,551	2,239	N/A
6/30/2022	17,179	2,617	1,742	2,440	N/A
3/31/2022	16,927	2,841	1,167	2,285	N/A
12/31/2021	16,174	2,881	1,289	2,469	N/A
9/30/2021	15,931	3,141	710	2,493	N/A
6/30/2021	16,379	3,510	727	2,778	N/A
3/31/2021	15,892	3,424	1,715	3,460	N/A
12/31/2020	15,924	3,525	1,959	3,636	N/A
9/30/2020	15,676	3,455	3,769	4,584	N/A
6/30/2020	15,133	3,217	3,785	4,301	N/A
3/31/2020	14,379	2,888	3,455	3,850	N/A
12/31/2019	13,680	2,506	2,642	3,081	N/A
9/30/2019	13,484	2,216	1,320	1,953	N/A
6/30/2019	13,250	1,740	1,032	1,812	N/A
3/31/2019	13,110	1,397	421	2,009	N/A
12/31/2018	13,093	1,159	-778	1,290	N/A
9/30/2018	13,786	855	-1,398	1,288	N/A
6/30/2018	13,680	989	N/A	1,044	N/A
3/31/2018	13,569	1,205	N/A	261	N/A
12/31/2017	12,914	1,246	N/A	286	N/A
9/30/2017	12,554	1,318	N/A	-185	N/A
6/30/2017	11,720	1,368	N/A	535	N/A
3/31/2017	10,534	1,335	N/A	946	N/A
12/31/2016	9,948	1,490	N/A	1,554	N/A
9/30/2016	9,186	1,496	N/A	1,944	N/A
6/30/2016	8,442	1,357	N/A	1,829	N/A
3/31/2016	8,137	1,319	N/A	1,971	N/A
12/31/2015	7,756	1,256	N/A	1,620	N/A
9/30/2015	7,594	1,242	N/A	1,445	N/A
6/30/2015	7,507	1,184	N/A	932	N/A
3/31/2015	7,454	1,037	N/A	724	N/A
12/31/2014	7,451	913	N/A	876	N/A
9/30/2014	7,323	793	N/A	1,138	N/A
12/31/2013	6,868	512	N/A	990	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBG-R's forecast earnings growth (10% per year) is above the savings rate (2%).

Earnings vs Market: CBG-R's earnings (10% per year) are forecast to grow slower than the TH market (17.6% per year).

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

Revenue vs Market: CBG-R's revenue (10.8% per year) is forecast to grow faster than the TH market (6.8% per year).

High Growth Revenue: CBG-R's revenue (10.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CBG-R's Return on Equity is forecast to be high in 3 years time (22.7%)

Carabao Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Carabao Group Public Company Limited Announces Cash Dividend for the Period from 01 January 2024 to 30 June 2024, Payable on 06 September 2024

Carabao Group Public Company Limited Announces Chief Accountant Changes

Carabao Group Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 14, 2024

Carabao Group Public Company Limited, Annual General Meeting, Apr 26, 2024

Carabao Group Public Company Limited Announces Resignation of Predee Daochai as from Member of Board of Director and Member of Risk Management Committee and Sustainability Development Committee

Carabao Group Public Company Limited Announces Cash Dividend for the Period from 01 January 2023 to 30 June 2023, Payable on 08 September 2023

Carabao Group Public Company Limited Announces Interim Dividend Payment for the Operating Period from 01-Jan-2022 to 30-Jun-2022, Payable on September 09, 2022

Carabao Group Public Company Limited Announces Changing of the Chairman of the Board of Director

Carabao Group Public Company Limited Proposes Dividend Payment for the Period of July to December 2021, Payable on May 9, 2022

Carabao Group Public Company Limited (SET:CBG) entered into a share purchase agreement to acquire 26% stake in Asia Can Manufacturing Co., Ltd for THB 550 million.

Carabao Group Public Company Limited, Annual General Meeting, Apr 22, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies