Thaicom Future Growth

Future criteria checks 2/6

Thaicom is forecast to grow earnings and revenue by 6.2% and 9.1% per annum respectively. EPS is expected to grow by 3.7% per annum. Return on equity is forecast to be 1% in 3 years.

Key information

6.2%

Earnings growth rate

3.7%

EPS growth rate

Telecom earnings growth	10.9%
Revenue growth rate	9.1%
Future return on equity	1.0%
Analyst coverage	Low
Last updated	13 Aug 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

THAMSE:THCOM-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	3,117	197	-1,879	1,183	3
12/31/2025	2,954	237	-3,335	990	4
12/31/2024	2,645	249	-728	1,389	4
6/30/2024	2,499	158	-1,418	498	N/A
3/31/2024	2,500	552	-885	277	N/A
12/31/2023	2,627	354	-465	1,007	N/A
9/30/2023	2,738	221	-142	1,011	N/A
6/30/2023	2,883	229	1,034	1,545	N/A
3/31/2023	2,985	81	1,304	1,702	N/A
12/31/2022	2,940	42	1,941	2,003	N/A
9/30/2022	2,941	409	2,025	2,092	N/A
6/30/2022	3,104	433	1,446	1,521	N/A
3/31/2022	3,166	83	1,730	1,808	N/A
12/31/2021	3,318	144	1,152	1,224	N/A
9/30/2021	3,384	-42	1,348	1,433	N/A
6/30/2021	3,372	-112	1,264	1,339	N/A
3/31/2021	3,444	428	1,672	1,750	N/A
12/31/2020	3,564	514	1,691	1,769	N/A
9/30/2020	3,615	-1,197	1,816	2,016	N/A
6/30/2020	3,884	-1,386	1,944	2,163	N/A
3/31/2020	4,333	-2,019	1,356	1,580	N/A
12/31/2019	4,671	-2,250	1,432	1,658	N/A
9/30/2019	5,343	-2,271	1,544	1,592	N/A
6/30/2019	5,659	-2,054	1,387	1,430	N/A
3/31/2019	5,833	-1,667	2,018	2,099	N/A
12/31/2018	6,034	217	1,786	1,869	N/A
9/30/2018	5,965	-1,021	1,921	2,095	N/A
6/30/2018	6,066	-1,094	2,046	2,271	N/A
3/31/2018	6,174	-1,158	N/A	2,547	N/A
12/31/2017	6,689	-2,787	N/A	2,980	N/A
9/30/2017	4,965	208	N/A	3,624	N/A
6/30/2017	6,151	611	N/A	3,472	N/A
3/31/2017	7,450	1,015	N/A	4,214	N/A
12/31/2016	8,642	1,492	N/A	4,711	N/A
9/30/2016	12,197	2,470	N/A	4,793	N/A
6/30/2016	12,553	2,301	N/A	5,332	N/A
3/31/2016	12,590	2,282	N/A	5,062	N/A
12/31/2015	12,454	2,122	N/A	4,729	N/A
9/30/2015	12,209	1,803	N/A	5,146	N/A
6/30/2015	12,093	1,816	N/A	4,991	N/A
3/31/2015	12,126	1,742	N/A	4,657	N/A
12/31/2014	12,065	1,601	N/A	4,831	N/A
9/30/2014	12,617	1,463	N/A	4,536	N/A
6/30/2014	11,712	1,504	N/A	4,511	N/A
3/31/2014	10,671	1,196	N/A	4,045	N/A
12/31/2013	9,542	1,179	N/A	3,924	N/A
9/30/2013	7,801	1,141	N/A	3,168	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: THCOM-F's forecast earnings growth (6.2% per year) is above the savings rate (2%).

Earnings vs Market: THCOM-F's earnings (6.2% per year) are forecast to grow slower than the TH market (15.1% per year).

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

Revenue vs Market: THCOM-F's revenue (9.1% per year) is forecast to grow faster than the TH market (6.6% per year).

High Growth Revenue: THCOM-F's revenue (9.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: THCOM-F's Return on Equity is forecast to be low in 3 years time (1%).