Thonburi Healthcare Group Future Growth

Future criteria checks 2/6

Thonburi Healthcare Group is forecast to grow earnings and revenue by 13.9% and 8.7% per annum respectively while EPS is expected to grow by 14% per annum.

Key information

13.9%

Earnings growth rate

14.0%

EPS growth rate

Healthcare earnings growth	10.4%
Revenue growth rate	8.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	15 Aug 2023

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

THAMSE:THG-F - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	13,103	1,488	1,622	2,999	3
12/31/2024	12,108	1,321	1,398	2,686	3
12/31/2023	11,571	1,229	1,620	2,965	2
6/30/2023	10,359	1,016	775	2,114	N/A
3/31/2023	10,518	1,286	926	2,241	N/A
12/31/2022	11,540	1,602	1,226	2,495	N/A
9/30/2022	12,672	1,999	1,475	2,710	N/A
6/30/2022	13,579	2,393	1,741	2,595	N/A
3/31/2022	12,811	2,079	1,422	2,266	N/A
12/31/2021	10,847	1,337	1,305	2,034	N/A
9/30/2021	9,215	733	418	1,209	N/A
6/30/2021	7,267	-25	-10	1,070	N/A
3/31/2021	6,941	-235	-34	1,057	N/A
12/31/2020	7,315	62	-1,144	441	N/A
9/30/2020	7,549	114	-1,325	260	N/A
6/30/2020	7,872	187	-1,788	-27	N/A
3/31/2020	8,300	537	-2,004	-151	N/A
12/31/2019	8,232	462	-2,408	-171	N/A
9/30/2019	7,999	401	-2,424	-248	N/A
6/30/2019	7,617	350	-2,609	-443	N/A
3/31/2019	7,283	198	-2,554	-351	N/A
12/31/2018	7,094	348	-1,496	-177	N/A
9/30/2018	6,949	484	-999	103	N/A
6/30/2018	6,839	559	-317	545	N/A
3/31/2018	6,742	617	-59	667	N/A
12/31/2017	6,612	554	4	713	N/A
9/30/2017	6,442	502	-186	678	N/A
12/31/2016	6,229	511	N/A	829	N/A
12/31/2015	5,787	552	N/A	588	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: THG-F's forecast earnings growth (13.9% per year) is above the savings rate (1.9%).

Earnings vs Market: THG-F's earnings (13.9% per year) are forecast to grow slower than the TH market (18.8% per year).

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

Revenue vs Market: THG-F's revenue (8.7% per year) is forecast to grow faster than the TH market (5.3% per year).

High Growth Revenue: THG-F's revenue (8.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if THG-F's Return on Equity is forecast to be high in 3 years time