Vietnam Commercial Bank for Industry and Trade Future Growth
Future criteria checks 5/6
Vietnam Commercial Bank for Industry and Trade is forecast to grow earnings and revenue by 24% and 29.9% per annum respectively. EPS is expected to grow by 17.5% per annum. Return on equity is forecast to be 19.3% in 3 years.
Key information
24.0%
Earnings growth rate
17.5%
EPS growth rate
Banks earnings growth | 19.1% |
Revenue growth rate | 29.9% |
Future return on equity | 19.3% |
Analyst coverage | Low |
Last updated | 06 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 109,387,000 | 35,131,000 | N/A | N/A | 1 |
12/31/2025 | 92,024,731 | 30,592,820 | N/A | N/A | 3 |
12/31/2024 | 80,472,824 | 21,984,000 | N/A | N/A | 5 |
9/30/2024 | 49,381,456 | 21,580,756 | -109,927,535 | -108,965,494 | N/A |
6/30/2024 | 46,686,651 | 20,217,972 | -80,513,199 | -79,577,384 | N/A |
3/31/2024 | 46,156,530 | 20,055,983 | -227,000,793 | -226,059,053 | N/A |
12/31/2023 | 45,433,024 | 19,903,550 | -228,650,635 | -227,846,534 | N/A |
9/30/2023 | 43,162,749 | 15,739,297 | -117,818,824 | -117,082,289 | N/A |
6/30/2023 | 42,213,473 | 15,214,550 | -91,380,965 | -90,651,915 | N/A |
3/31/2023 | 40,977,289 | 14,656,657 | 13,068,328 | 13,679,352 | N/A |
12/31/2022 | 40,326,587 | 14,514,187 | -74,083,869 | -73,460,189 | N/A |
9/30/2022 | 38,222,367 | 13,538,433 | -110,455,068 | -109,804,328 | N/A |
6/30/2022 | 35,926,359 | 12,659,877 | -214,168,845 | -213,408,863 | N/A |
3/31/2022 | 32,846,108 | 10,264,659 | -248,554,793 | -247,798,208 | N/A |
12/31/2021 | 34,775,006 | 12,062,285 | -177,166,458 | -176,430,050 | N/A |
9/30/2021 | 37,734,252 | 14,765,257 | -181,072,933 | -180,366,511 | N/A |
6/30/2021 | 37,679,523 | 14,642,137 | -135,145,388 | -134,620,476 | N/A |
3/31/2021 | 38,469,665 | 15,963,592 | -141,573,173 | -141,076,981 | N/A |
12/31/2020 | 33,189,244 | 11,916,525 | -109,451,936 | -108,736,477 | N/A |
9/30/2020 | 29,161,872 | 8,835,264 | -110,893,536 | -110,058,680 | N/A |
6/30/2020 | 29,383,176 | 9,009,755 | -91,950,567 | -91,291,016 | N/A |
3/31/2020 | 27,417,119 | 7,204,769 | -61,555,475 | -61,088,566 | N/A |
12/31/2019 | 27,515,855 | 7,318,504 | -66,977,772 | -66,599,233 | N/A |
9/30/2019 | 21,413,665 | 5,972,631 | 6,277,788 | 6,567,656 | N/A |
6/30/2019 | 20,450,334 | 5,332,976 | 41,578,666 | 42,283,775 | N/A |
3/31/2019 | 20,550,288 | 5,374,425 | 7,395,369 | 8,522,105 | N/A |
12/31/2018 | 20,642,673 | 5,274,803 | -45,708,522 | -44,702,293 | N/A |
9/30/2018 | 25,296,087 | 6,010,888 | -94,343,869 | -92,891,259 | N/A |
6/30/2018 | 25,172,468 | 6,089,711 | N/A | -141,972,608 | N/A |
3/31/2018 | 25,100,714 | 6,154,413 | N/A | -114,214,500 | N/A |
12/31/2017 | 24,275,971 | 5,757,490 | N/A | -103,932,891 | N/A |
9/30/2017 | 23,387,770 | 6,004,979 | N/A | -271,031,519 | N/A |
6/30/2017 | 22,859,618 | 5,829,614 | N/A | -121,904,500 | N/A |
3/31/2017 | 21,910,018 | 5,445,142 | N/A | -140,502,053 | N/A |
12/31/2016 | 21,302,546 | 5,332,961 | N/A | -113,652,727 | N/A |
9/30/2016 | 20,163,418 | 5,291,012 | N/A | 42,969,027 | N/A |
6/30/2016 | 19,532,187 | 4,939,178 | N/A | -79,483,512 | N/A |
3/31/2016 | 19,370,048 | 5,232,308 | N/A | -77,352,072 | N/A |
12/31/2015 | 18,064,898 | 4,557,921 | N/A | -65,381,567 | N/A |
9/30/2015 | 17,686,955 | 4,897,034 | N/A | -89,220,422 | N/A |
6/30/2015 | 17,439,696 | 4,721,630 | N/A | -115,928,275 | N/A |
3/31/2015 | 17,113,410 | 4,822,344 | N/A | -94,192,960 | N/A |
12/31/2014 | 17,107,957 | 4,712,883 | N/A | -64,481,275 | N/A |
9/30/2014 | 16,284,512 | 3,661,848 | N/A | -39,736,087 | N/A |
6/30/2014 | 16,956,351 | 4,600,869 | N/A | -27,000,222 | N/A |
3/31/2014 | 16,967,450 | 4,788,524 | N/A | -11,806,669 | N/A |
12/31/2013 | 17,164,386 | 4,692,449 | N/A | -56,751,679 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTG's forecast earnings growth (24% per year) is above the savings rate (3%).
Earnings vs Market: CTG's earnings (24% per year) are forecast to grow faster than the VN market (18.7% per year).
High Growth Earnings: CTG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CTG's revenue (29.9% per year) is forecast to grow faster than the VN market (16.8% per year).
High Growth Revenue: CTG's revenue (29.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTG's Return on Equity is forecast to be low in 3 years time (19.3%).