Sappe Future Growth

Future criteria checks 3/6

Sappe is forecast to grow earnings and revenue by 13.4% and 12.2% per annum respectively. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 33.1% in 3 years.

Key information

13.4%

Earnings growth rate

13.4%

EPS growth rate

Food earnings growth	11.3%
Revenue growth rate	12.2%
Future return on equity	33.1%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:SAPPE-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	8,828	1,647	1,253	2,047	6
12/31/2025	7,922	1,461	669	1,774	8
12/31/2024	6,872	1,263	694	1,402	6
9/30/2024	6,796	1,231	65	1,355	N/A
6/30/2024	6,860	1,250	575	1,417	N/A
3/31/2024	6,492	1,152	737	1,442	N/A
12/31/2023	6,143	1,074	884	1,664	N/A
9/30/2023	5,975	1,061	871	1,472	N/A
6/30/2023	5,633	920	887	1,448	N/A
3/31/2023	5,275	775	645	1,110	N/A
12/31/2022	4,861	653	699	1,015	N/A
9/30/2022	4,697	554	819	1,019	N/A
6/30/2022	4,424	518	745	874	N/A
3/31/2022	4,050	478	706	787	N/A
12/31/2021	3,682	411	588	693	N/A
9/30/2021	3,618	438	526	634	N/A
6/30/2021	3,487	429	538	637	N/A
3/31/2021	3,243	385	476	568	N/A
12/31/2020	3,315	380	460	540	N/A
9/30/2020	3,328	347	459	517	N/A
6/30/2020	3,208	317	411	497	N/A
3/31/2020	3,427	370	534	622	N/A
12/31/2019	3,369	403	507	606	N/A
9/30/2019	3,198	403	465	598	N/A
6/30/2019	3,011	368	277	413	N/A
3/31/2019	2,934	350	229	397	N/A
12/31/2018	2,864	352	263	433	N/A
9/30/2018	2,850	379	476	640	N/A
6/30/2018	2,938	424	N/A	746	N/A
3/31/2018	2,936	470	N/A	830	N/A
12/31/2017	2,724	401	N/A	712	N/A
9/30/2017	2,742	421	N/A	591	N/A
6/30/2017	2,670	403	N/A	647	N/A
3/31/2017	2,648	391	N/A	595	N/A
12/31/2016	2,746	410	N/A	671	N/A
9/30/2016	2,737	350	N/A	457	N/A
6/30/2016	2,610	315	N/A	344	N/A
3/31/2016	2,586	288	N/A	268	N/A
12/31/2015	2,552	301	N/A	287	N/A
9/30/2015	2,542	294	N/A	323	N/A
6/30/2015	2,765	327	N/A	361	N/A
3/31/2015	2,634	299	N/A	218	N/A
12/31/2014	2,849	361	N/A	394	N/A
9/30/2014	2,756	350	N/A	418	N/A
6/30/2014	2,758	324	N/A	250	N/A
3/31/2014	2,714	259	N/A	396	N/A
12/31/2013	2,408	143	N/A	184	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAPPE-R's forecast earnings growth (13.4% per year) is above the savings rate (2%).

Earnings vs Market: SAPPE-R's earnings (13.4% per year) are forecast to grow slower than the TH market (16.8% per year).

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

Revenue vs Market: SAPPE-R's revenue (12.2% per year) is forecast to grow faster than the TH market (6.6% per year).

High Growth Revenue: SAPPE-R's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SAPPE-R's Return on Equity is forecast to be high in 3 years time (33.1%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:31
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Sappe Public Company Limited is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Choon Heng Ng	CGS International
Sureeporn Teewasuwet	FSS International Advisory
Boonyarith Benjathanarak	Globlex Securities Co. Ltd.