Precious Shipping Future Growth
Future criteria checks 1/6
Precious Shipping's revenue is forecast to decline at 1.2% per annum while its annual earnings are expected to grow at 7% per year. EPS is expected to grow by 5.4% per annum. Return on equity is forecast to be 3.4% in 3 years.
Key information
7.0%
Earnings growth rate
5.39%
EPS growth rate
| Shipping earnings growth | -2.2% |
| Revenue growth rate | -1.2% |
| Future return on equity | 3.39% |
| Analyst coverage | Low |
| Last updated | 08 May 2026 |
Recent future growth updates
Recent updates
PSL: Tanker Diversification And Stable Assumptions Will Shape A Balanced Outlook
Analysts have adjusted their price target for Precious Shipping to THB7.23, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. These changes keep the fair value estimate broadly unchanged.PSL: Tanker Fleet Expansion And Stable Assumptions Will Support A Balanced Outlook
Analysts have slightly adjusted their THB price targets for Precious Shipping, reflecting modest tweaks to inputs such as the discount rate, long term revenue growth, profit margin assumptions and future P/E expectations, while keeping fair value broadly unchanged. What's in the News Precious Shipping disclosed the planned acquisition of a secondhand Medium Range tanker, M/T FLORENCE, with 47,999 deadweight tonnes, built in Japan in 2006 and flagged in Panama, for US$11.10 million, about THB 344.62 million, funded through internal cash and/or existing credit facilities (SET filing).PSL: Fleet Diversification Into Tankers Will Shape A Balanced Outlook
Analysts have raised their price target on Precious Shipping from THB 6.50 to THB 7.23, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E to reflect their latest view of the company. What's in the News Precious Shipping disclosed the planned acquisition of a secondhand Medium Range tanker, M/T FLORENCE, with 47,999 deadweight tonnes, built in Japan in 2006 and flagged in Panama, for a purchase price of US$11.10 million, or about THB 344.62 million (Key Developments).China's Steel Demand Will Boost Dry Bulk Shipping, But Oversupply Risks May Impact Earnings
The upward revision in Precious Shipping's analyst price target reflects increased optimism driven by stronger consensus revenue growth and improving net profit margins, raising the fair value estimate from THB5.75 to THB6.50. What's in the News Completed repurchase of 74,587,400 shares (4.78% of shares) for THB 450.91 million under the announced buyback program.
China's Steel Demand Will Boost Dry Bulk Shipping, But Oversupply Risks May Impact Earnings
Strategic fleet upgrades and long-term charters enhance efficiency, reduce costs, and ensure steady revenue growth for Precious Shipping.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 5,328 | 784 | 768 | 1,801 | 2 |
| 12/31/2027 | 5,628 | 758 | 1,449 | 2,422 | 2 |
| 12/31/2026 | 5,561 | 666 | 2,025 | 2,149 | 1 |
| 3/31/2026 | 5,546 | 662 | -4,509 | 2,896 | N/A |
| 12/31/2025 | 5,253 | 414 | -2,140 | 2,509 | N/A |
| 9/30/2025 | 5,124 | 318 | -1,380 | 2,424 | N/A |
| 6/30/2025 | 5,120 | 346 | -2,207 | 2,500 | N/A |
| 3/31/2025 | 5,547 | 919 | -1,975 | 2,670 | N/A |
| 12/31/2024 | 5,989 | 1,468 | -1,138 | 3,300 | N/A |
| 9/30/2024 | 6,008 | 1,465 | 269 | 3,184 | N/A |
| 6/30/2024 | 5,723 | 1,284 | 1,356 | 2,747 | N/A |
| 3/31/2024 | 5,434 | 1,040 | 2,199 | 2,729 | N/A |
| 12/31/2023 | 5,100 | 710 | 1,810 | 2,220 | N/A |
| 9/30/2023 | 5,352 | 1,012 | 2,224 | 2,883 | N/A |
| 6/30/2023 | 6,701 | 2,262 | 2,493 | 4,045 | N/A |
| 3/31/2023 | 7,995 | 3,636 | 2,845 | 5,322 | N/A |
| 12/31/2022 | 9,132 | 4,851 | 4,157 | 6,604 | N/A |
| 9/30/2022 | 10,212 | 6,074 | 5,190 | 7,451 | N/A |
| 6/30/2022 | 10,350 | 6,227 | 6,458 | 7,784 | N/A |
| 3/31/2022 | 9,652 | 5,394 | 6,734 | 7,003 | N/A |
| 12/31/2021 | 8,617 | 4,475 | 5,639 | 5,895 | N/A |
| 9/30/2021 | 6,855 | 2,730 | 4,516 | 4,746 | N/A |
| 6/30/2021 | 5,161 | 1,207 | 2,895 | 3,176 | N/A |
| 3/31/2021 | 3,922 | -803 | 1,951 | 2,214 | N/A |
| 12/31/2020 | 3,731 | -1,295 | 1,590 | 1,864 | N/A |
| 9/30/2020 | 3,831 | -1,296 | 967 | 1,306 | N/A |
| 6/30/2020 | 3,931 | -1,303 | 1,128 | 1,479 | N/A |
| 3/31/2020 | 4,258 | -261 | 1,190 | 1,620 | N/A |
| 12/31/2019 | 4,153 | -228 | N/A | 1,890 | N/A |
| 9/30/2019 | 4,346 | -105 | N/A | 2,085 | N/A |
| 6/30/2019 | 4,616 | 31 | N/A | 1,892 | N/A |
| 3/31/2019 | 4,794 | 264 | N/A | 2,171 | N/A |
| 12/31/2018 | 4,933 | 456 | N/A | 2,256 | N/A |
| 9/30/2018 | 4,752 | 415 | N/A | 2,254 | N/A |
| 6/30/2018 | 4,480 | 135 | N/A | 2,316 | N/A |
| 3/31/2018 | 4,376 | 37 | N/A | 2,128 | N/A |
| 12/31/2017 | 4,333 | -129 | N/A | 2,010 | N/A |
| 9/30/2017 | 4,204 | -357 | N/A | 1,700 | N/A |
| 6/30/2017 | 4,092 | -1,043 | N/A | 1,433 | N/A |
| 3/31/2017 | 3,940 | -1,513 | N/A | 1,121 | N/A |
| 12/31/2016 | 3,697 | -2,665 | N/A | 693 | N/A |
| 9/30/2016 | 3,756 | -4,058 | N/A | 647 | N/A |
| 6/30/2016 | 4,064 | -3,374 | N/A | 703 | N/A |
| 3/31/2016 | 4,079 | -3,301 | N/A | 615 | N/A |
| 12/31/2015 | 4,257 | -2,426 | N/A | 1,046 | N/A |
| 9/30/2015 | 4,415 | -934 | N/A | 1,134 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSL's forecast earnings growth (7% per year) is above the savings rate (2.2%).
Earnings vs Market: PSL's earnings (7% per year) are forecast to grow slower than the TH market (10.6% per year).
High Growth Earnings: PSL's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSL's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: PSL's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSL's Return on Equity is forecast to be low in 3 years time (3.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/13 21:30 |
| End of Day Share Price | 2026/07/13 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Precious Shipping Public Company Limited is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaseedit Choonnawat | BofA Global Research |
| Suppata Srisuk | Bualuang Securities PCL |
| Kok Hoe Yap | CGS International |