Vietnam Joint Stock Commercial Bank for Industry and Trade

HOSE:CTG Stock Report

Market Cap: ₫187.9t

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 growth19.1%
Revenue growth rate29.9%
Future return on equity19.3%
Analyst coverage

Low

Last updated06 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

HOSE:CTG - Analysts future estimates and past financials data (VND Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026109,387,00035,131,000N/AN/A1
12/31/202592,024,73130,592,820N/AN/A3
12/31/202480,472,82421,984,000N/AN/A5
9/30/202449,381,45621,580,756-109,927,535-108,965,494N/A
6/30/202446,686,65120,217,972-80,513,199-79,577,384N/A
3/31/202446,156,53020,055,983-227,000,793-226,059,053N/A
12/31/202345,433,02419,903,550-228,650,635-227,846,534N/A
9/30/202343,162,74915,739,297-117,818,824-117,082,289N/A
6/30/202342,213,47315,214,550-91,380,965-90,651,915N/A
3/31/202340,977,28914,656,65713,068,32813,679,352N/A
12/31/202240,326,58714,514,187-74,083,869-73,460,189N/A
9/30/202238,222,36713,538,433-110,455,068-109,804,328N/A
6/30/202235,926,35912,659,877-214,168,845-213,408,863N/A
3/31/202232,846,10810,264,659-248,554,793-247,798,208N/A
12/31/202134,775,00612,062,285-177,166,458-176,430,050N/A
9/30/202137,734,25214,765,257-181,072,933-180,366,511N/A
6/30/202137,679,52314,642,137-135,145,388-134,620,476N/A
3/31/202138,469,66515,963,592-141,573,173-141,076,981N/A
12/31/202033,189,24411,916,525-109,451,936-108,736,477N/A
9/30/202029,161,8728,835,264-110,893,536-110,058,680N/A
6/30/202029,383,1769,009,755-91,950,567-91,291,016N/A
3/31/202027,417,1197,204,769-61,555,475-61,088,566N/A
12/31/201927,515,8557,318,504-66,977,772-66,599,233N/A
9/30/201921,413,6655,972,6316,277,7886,567,656N/A
6/30/201920,450,3345,332,97641,578,66642,283,775N/A
3/31/201920,550,2885,374,4257,395,3698,522,105N/A
12/31/201820,642,6735,274,803-45,708,522-44,702,293N/A
9/30/201825,296,0876,010,888-94,343,869-92,891,259N/A
6/30/201825,172,4686,089,711N/A-141,972,608N/A
3/31/201825,100,7146,154,413N/A-114,214,500N/A
12/31/201724,275,9715,757,490N/A-103,932,891N/A
9/30/201723,387,7706,004,979N/A-271,031,519N/A
6/30/201722,859,6185,829,614N/A-121,904,500N/A
3/31/201721,910,0185,445,142N/A-140,502,053N/A
12/31/201621,302,5465,332,961N/A-113,652,727N/A
9/30/201620,163,4185,291,012N/A42,969,027N/A
6/30/201619,532,1874,939,178N/A-79,483,512N/A
3/31/201619,370,0485,232,308N/A-77,352,072N/A
12/31/201518,064,8984,557,921N/A-65,381,567N/A
9/30/201517,686,9554,897,034N/A-89,220,422N/A
6/30/201517,439,6964,721,630N/A-115,928,275N/A
3/31/201517,113,4104,822,344N/A-94,192,960N/A
12/31/201417,107,9574,712,883N/A-64,481,275N/A
9/30/201416,284,5123,661,848N/A-39,736,087N/A
6/30/201416,956,3514,600,869N/A-27,000,222N/A
3/31/201416,967,4504,788,524N/A-11,806,669N/A
12/31/201317,164,3864,692,449N/A-56,751,679N/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%).


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