Noble Development Public Company Limited

SET:NOBLE-W2-R Stock Report

Market Cap: ฿5.7b

Noble Development Past Earnings Performance

Past criteria checks 2/6

Noble Development's earnings have been declining at an average annual rate of -19.1%, while the Real Estate industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 1.2% per year. Noble Development's return on equity is 8.9%, and it has net margins of 6.1%.

Key information

-19.1%

Earnings growth rate

-19.0%

EPS growth rate

Real Estate Industry Growth8.4%
Revenue growth rate-1.2%
Return on equity8.9%
Net Margin6.1%
Last Earnings Update31 Mar 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Noble Development makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:NOBLE-W2-R Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 238,7195341,6190
31 Dec 228,2154551,5950
30 Sep 225,9391131,4080
30 Jun 224,7291251,3330
31 Mar 225,8414411,4830
31 Dec 216,8279321,6680
30 Sep 218,7301,5761,8770
30 Jun 2111,2661,9502,1360
31 Mar 2111,0381,9511,9710
31 Dec 2010,7231,8781,7900
30 Sep 2010,1221,6841,6420
30 Jun 2014,3542,3121,7690
31 Mar 2013,3662,1731,7330
31 Dec 1914,9163,0711,7740
30 Sep 1913,8273,1391,8390
30 Jun 197,8582,2611,3910
31 Mar 197,7292,1661,3410
31 Dec 185,0789871,1770
30 Sep 185,1768539390
30 Jun 186,1941,1191,0250
31 Mar 187,3541,4411,0580
31 Dec 179,6772,2061,1570
30 Sep 1712,0442,8751,2910
30 Jun 179,5992,2271,1250
31 Mar 177,8151,7151,0280
31 Dec 164,5036828700
30 Sep 16454-4575970
30 Jun 16326-4676000
31 Mar 16340-5016530
31 Dec 15373-4686480
30 Sep 15311-4786900
30 Jun 15808-3297020
31 Mar 151,619-566660
31 Dec 142,2761636590
30 Sep 143,1253607250
30 Jun 142,9053246950
31 Mar 142,5012216300
31 Dec 133,0853237310
30 Sep 133,4384596650
30 Jun 133,6175016570
31 Mar 133,4185016560
31 Dec 122,5603255360
30 Sep 121,9341194900

Quality Earnings: NOBLE-W2-R has a large one-off gain of THB147.3M impacting its last 12 months of financial results to 31st March, 2023.

Growing Profit Margin: NOBLE-W2-R's current net profit margins (6.1%) are lower than last year (7.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NOBLE-W2-R's earnings have declined by 19.1% per year over the past 5 years.

Accelerating Growth: NOBLE-W2-R's earnings growth over the past year (21.1%) exceeds its 5-year average (-19.1% per year).

Earnings vs Industry: NOBLE-W2-R earnings growth over the past year (21.1%) exceeded the Real Estate industry 7.9%.


Return on Equity

High ROE: NOBLE-W2-R's Return on Equity (8.9%) is considered low.


Return on Assets


Return on Capital Employed


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