BlueVenture Group Future Growth

Future criteria checks 2/6

BlueVenture Group is forecast to grow earnings and revenue by 13.7% and 11.4% per annum respectively. EPS is expected to grow by 14.3% per annum. Return on equity is forecast to be 9.8% in 3 years.

Key information

13.7%

Earnings growth rate

14.3%

EPS growth rate

Software earnings growth	43.9%
Revenue growth rate	11.4%
Future return on equity	9.8%
Analyst coverage	Low
Last updated	17 May 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:BVG - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	697	84	79	111	1
12/31/2025	633	75	83	125	1
12/31/2024	576	71	73	117	1
9/30/2024	529	57	-13	70	N/A
6/30/2024	528	62	13	73	N/A
3/31/2024	529	65	-11	43	N/A
12/31/2023	524	69	47	111	N/A
9/30/2023	499	59	12	66	N/A
6/30/2023	481	59	-28	21	N/A
3/31/2023	463	60	30	76	N/A
12/31/2022	441	54	34	68	N/A
9/30/2022	424	52	82	120	N/A
6/30/2022	411	43	82	123	N/A
3/31/2022	406	44	107	145	N/A
12/31/2021	400	50	99	133	N/A
12/31/2020	388	62	40	66	N/A
12/31/2019	384	71	44	68	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BVG's forecast earnings growth (13.7% per year) is above the savings rate (2%).

Earnings vs Market: BVG's earnings (13.7% per year) are forecast to grow slower than the TH market (16.8% per year).

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

Revenue vs Market: BVG's revenue (11.4% per year) is forecast to grow faster than the TH market (6.6% per year).

High Growth Revenue: BVG's revenue (11.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BVG's Return on Equity is forecast to be low in 3 years time (9.8%).

BlueVenture Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.043 in 3Q 2023)

Now 23% overvalued after recent price rise

Blueventure Group Public Company Limited Announces Resignation of Ekasak Tangsujaritpunt from the Position of the Director, Independent Director and Member of Audit Committee

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 34%

Now 41% overvalued after recent price rise

First half dividend increased to ฿0.034

Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.031 in 2Q 2023)

BlueVenture Group Public Company Limited Approves Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024

New major risk - Share price stability

Now 21% overvalued

Now 21% overvalued

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 15%

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 16%

New major risk - Share price stability

BlueVenture Group Public Company Limited Approves Dividend for the Year Ended 31 December 2023, Payable on 15 May 2024

Investor sentiment improves as stock rises 22%

Blueventure Group Public Company Limited Announces Demise of Singha Nikornpun, Chairman of the Board, Independent Director and Member of Audit Committee

Upcoming dividend of ฿0.049 per share

BlueVenture Group Public Company Limited Proposes Dividend Payment for the Year 2023, Payable on 15 May 2024

BlueVenture Group Public Company Limited Proposes Dividend Payment for the Year 2023, Payable on 15 May 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

BlueVenture Group Public Company Limited, Annual General Meeting, Apr 25, 2024

Third quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.051 in 3Q 2022)

Upcoming dividend of ฿0.027 per share at 1.5% yield

BlueVenture Group Public Company Limited Approves Interim Cash Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023

Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.043 in 2Q 2022)

Blueventure Group Public Company Limited Announces Appointment of Investment Committee and the Information Technology Committee

Investor sentiment deteriorates as stock falls 15%

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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