Ichitan Group Future Growth

Future criteria checks 3/6

Ichitan Group is forecast to grow earnings and revenue by 7.2% and 11.1% per annum respectively. EPS is expected to grow by 7.7% per annum. Return on equity is forecast to be 27.4% in 3 years.

Key information

7.2%

Earnings growth rate

7.7%

EPS growth rate

Food earnings growth	21.8%
Revenue growth rate	11.1%
Future return on equity	27.4%
Analyst coverage	Good
Last updated	18 Oct 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

THAMSE:ICHI-F - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,414	1,631	1,877	2,057	4
12/31/2025	9,733	1,506	1,809	1,950	5
12/31/2024	8,932	1,403	1,491	1,753	5
6/30/2024	7,710	1,366	1,155	1,400	N/A
3/31/2024	7,408	1,242	1,323	1,538	N/A
12/31/2023	7,099	1,100	1,363	1,558	N/A
9/30/2023	6,756	998	1,458	1,527	N/A
6/30/2023	6,350	862	1,127	1,228	N/A
3/31/2023	5,930	759	1,088	1,208	N/A
12/31/2022	5,538	642	1,059	1,197	N/A
9/30/2022	5,394	581	1,010	1,149	N/A
6/30/2022	4,880	517	982	1,049	N/A
3/31/2022	4,755	529	1,027	1,073	N/A
12/31/2021	4,596	547	1,031	1,057	N/A
9/30/2021	4,578	498	1,103	1,119	N/A
6/30/2021	4,640	493	1,300	1,325	N/A
3/31/2021	4,519	478	1,039	1,065	N/A
12/31/2020	4,518	516	1,156	1,196	N/A
9/30/2020	4,586	515	883	936	N/A
6/30/2020	4,501	465	916	984	N/A
3/31/2020	4,775	452	1,086	1,187	N/A
12/31/2019	4,810	407	833	932	N/A
9/30/2019	5,012	341	1,005	1,098	N/A
6/30/2019	5,115	292	761	844	N/A
3/31/2019	4,802	125	862	909	N/A
12/31/2018	4,804	44	627	670	N/A
9/30/2018	5,080	119	622	782	N/A
6/30/2018	5,297	165	571	833	N/A
3/31/2018	5,420	286	N/A	737	N/A
12/31/2017	5,586	315	N/A	1,251	N/A
9/30/2017	5,457	167	N/A	1,104	N/A
6/30/2017	5,112	129	N/A	1,159	N/A
3/31/2017	5,155	181	N/A	1,544	N/A
12/31/2016	5,360	368	N/A	1,288	N/A
9/30/2016	5,474	478	N/A	1,262	N/A
6/30/2016	5,585	563	N/A	1,348	N/A
3/31/2016	6,192	746	N/A	1,393	N/A
12/31/2015	6,355	813	N/A	1,368	N/A
9/30/2015	6,457	963	N/A	1,389	N/A
6/30/2015	6,610	1,112	N/A	1,311	N/A
3/31/2015	6,562	1,193	N/A	1,441	N/A
12/31/2014	6,200	1,079	N/A	1,473	N/A
9/30/2014	6,166	1,066	N/A	1,720	N/A
6/30/2014	6,298	964	N/A	1,639	N/A
3/31/2014	6,355	910	N/A	1,026	N/A
12/31/2013	6,530	884	N/A	951	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICHI-F's forecast earnings growth (7.2% per year) is above the savings rate (2%).

Earnings vs Market: ICHI-F's earnings (7.2% per year) are forecast to grow slower than the TH market (15.2% per year).

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

Revenue vs Market: ICHI-F's revenue (11.1% per year) is forecast to grow faster than the TH market (6.4% per year).

High Growth Revenue: ICHI-F's revenue (11.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ICHI-F's Return on Equity is forecast to be high in 3 years time (27.4%)