TQM Alpha Future Growth

Future criteria checks 2/6

TQM Alpha is forecast to grow earnings and revenue by 9.6% and 4% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 32.1% in 3 years.

Key information

9.6%

Earnings growth rate

9.4%

EPS growth rate

Insurance earnings growth	10.8%
Revenue growth rate	4.0%
Future return on equity	32.1%
Analyst coverage	Low
Last updated	15 Aug 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:TQM-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	4,206	1,090	N/A	N/A	1
12/31/2025	4,193	961	N/A	1,277	3
12/31/2024	3,989	881	N/A	1,213	3
6/30/2024	3,873	846	-60	-11	N/A
3/31/2024	3,814	847	636	703	N/A
12/31/2023	3,721	816	686	777	N/A
9/30/2023	3,771	808	589	686	N/A
6/30/2023	3,784	807	253	348	N/A
3/31/2023	3,730	790	232	311	N/A
12/31/2022	3,679	809	358	418	N/A
9/30/2022	3,635	824	721	771	N/A
6/30/2022	3,560	861	840	886	N/A
3/31/2022	3,637	902	937	984	N/A
12/31/2021	3,576	890	878	918	N/A
9/30/2021	3,456	856	634	691	N/A
6/30/2021	3,377	783	769	822	N/A
3/31/2021	3,168	724	497	554	N/A
12/31/2020	3,100	702	628	697	N/A
9/30/2020	3,040	663	651	702	N/A
6/30/2020	2,954	620	673	722	N/A
3/31/2020	2,884	580	782	825	N/A
12/31/2019	2,740	507	466	494	N/A
9/30/2019	2,724	484	405	433	N/A
6/30/2019	2,643	450	369	393	N/A
3/31/2019	2,583	422	318	335	N/A
12/31/2018	2,525	404	222	246	N/A
9/30/2018	2,448	331	256	283	N/A
6/30/2018	2,387	301	251	284	N/A
3/31/2018	2,339	282	N/A	232	N/A
12/31/2017	2,282	268	N/A	223	N/A
12/31/2016	2,289	47	N/A	248	N/A
12/31/2015	2,237	0	N/A	231	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TQM-R's forecast earnings growth (9.6% per year) is above the savings rate (2%).

Earnings vs Market: TQM-R's earnings (9.6% per year) are forecast to grow slower than the TH market (14.8% per year).

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

Revenue vs Market: TQM-R's revenue (4% per year) is forecast to grow slower than the TH market (6.4% per year).

High Growth Revenue: TQM-R's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TQM-R's Return on Equity is forecast to be high in 3 years time (32.1%)

TQM Alpha Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

TQM Alpha Public Company Limited Announces Interim Cash Dividend for the Operating Period from 01 January 2024 to 30 June, 2024, Payable on 10 September, 2024

TQM Alpha Public Company Limited Approves Dividend for the Year 2023, Payable on 10 May 2024

TQM Alpha Public Company Limited Proposes Dividend for the Year 2023, Payable on 10 May 2024

TQM Alpha Public Company Limited Approves Interim Dividend for the Period from 1 January 2022 to 30 June 2022, Payable on 9 September 2022

TQM Alpha Public Company Limited (SET:TQM) entered into the sales and purchase agreement to acquire 40% stake Builk One Group Company Limited for approximately THB 247.09 million.

TQM Alpha Public Company Limited Limited Announces Executive Appointments, Effective from July 8, 2022

TQM Corporation Public Company Limited, Annual General Meeting, Apr 28, 2022

TQM Corporation Public Company Limited Proposes Dividend for 2021, Payable on May 12, 2022

TQM Corporation Public Company Limited Appoints Thana Thienachariya as Additional Member of the Audit Committee

TQM Corporation Public Company Limited (SET:TQM) acquired 99.99% stake in Easy Lending Limited.

TQM Corporation Public Company Limited Announces Change of Position of Suvabha Charoenying from Non-Executive Director to Independent Director

Tqm Corporation Public Company Limited Appoints Thana Thienachariya to Be A New Director of the Company

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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