Latest news with #RM0.12
Yahoo
01-06-2025
- Business
- Yahoo
Earnings Miss: IJM Corporation Berhad Missed EPS By 15% And Analysts Are Revising Their Forecasts
As you might know, IJM Corporation Berhad (KLSE:IJM) last week released its latest full-year, and things did not turn out so great for shareholders. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at RM6.3b, statutory earnings missed forecasts by 15%, coming in at just RM0.12 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Taking into account the latest results, the current consensus from IJM Corporation Berhad's 15 analysts is for revenues of RM6.98b in 2026. This would reflect a meaningful 12% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 22% to RM0.16. In the lead-up to this report, the analysts had been modelling revenues of RM7.18b and earnings per share (EPS) of RM0.16 in 2026. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS. View our latest analysis for IJM Corporation Berhad The average price target was steady at RM3.23even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values IJM Corporation Berhad at RM3.80 per share, while the most bearish prices it at RM2.50. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting IJM Corporation Berhad's growth to accelerate, with the forecast 12% annualised growth to the end of 2026 ranking favourably alongside historical growth of 2.4% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 13% per year. IJM Corporation Berhad is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors. The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also downgraded their revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. Still, earnings per share are more important to value creation for shareholders. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for IJM Corporation Berhad going out to 2028, and you can see them free on our platform here. However, before you get too enthused, we've discovered 1 warning sign for IJM Corporation Berhad that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Estimating The Intrinsic Value Of MYMBN Berhad (KLSE:MBN)
The projected fair value for MYMBN Berhad is RM0.12 based on 2 Stage Free Cash Flow to Equity Current share price of RM0.11 suggests MYMBN Berhad is potentially trading close to its fair value The average premium for MYMBN Berhad's competitorsis currently 148% Today we'll do a simple run through of a valuation method used to estimate the attractiveness of MYMBN Berhad (KLSE:MBN) as an investment opportunity by estimating the company's future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. It may sound complicated, but actually it is quite simple! We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (MYR, Millions) RM1.75m RM1.94m RM2.11m RM2.26m RM2.40m RM2.53m RM2.66m RM2.78m RM2.89m RM3.01m Growth Rate Estimate Source Est @ 14.15% Est @ 11.00% Est @ 8.79% Est @ 7.24% Est @ 6.16% Est @ 5.41% Est @ 4.88% Est @ 4.51% Est @ 4.25% Est @ 4.06% Present Value (MYR, Millions) Discounted @ 8.4% RM1.6 RM1.7 RM1.7 RM1.6 RM1.6 RM1.6 RM1.5 RM1.5 RM1.4 RM1.3 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM15m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.6%. We discount the terminal cash flows to today's value at a cost of equity of 8.4%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = RM3.0m× (1 + 3.6%) ÷ (8.4%– 3.6%) = RM66m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM66m÷ ( 1 + 8.4%)10= RM29m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is RM45m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of RM0.1, the company appears about fair value at a 5.4% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at MYMBN Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.4%, which is based on a levered beta of 0.800. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for MYMBN Berhad Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For MYMBN Berhad, we've put together three pertinent items you should consider: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with MYMBN Berhad (at least 2 which are a bit unpleasant) , and understanding these should be part of your investment process. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! Other Top Analyst Picks: Interested to see what the analysts are thinking? Take a look at our interactive list of analysts' top stock picks to find out what they feel might have an attractive future outlook! PS. Simply Wall St updates its DCF calculation for every Malaysian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
Sapura Industrial Berhad Full Year 2025 Earnings: EPS: RM0.12 (vs RM0.10 in FY 2024)
Revenue: RM287.1m (down 2.9% from FY 2024). Net income: RM9.02m (up 22% from FY 2024). Profit margin: 3.1% (up from 2.5% in FY 2024). The increase in margin was driven by lower expenses. EPS: RM0.12 (up from RM0.10 in FY 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Sapura Industrial Berhad shares are up 1.2% from a week ago. Be aware that Sapura Industrial Berhad is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
14-03-2025
- Business
- Yahoo
Read This Before Considering Magni-Tech Industries Berhad (KLSE:MAGNI) For Its Upcoming RM00.038 Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Magni-Tech Industries Berhad (KLSE:MAGNI) is about to go ex-dividend in just 4 days. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Meaning, you will need to purchase Magni-Tech Industries Berhad's shares before the 19th of March to receive the dividend, which will be paid on the 9th of April. The company's next dividend payment will be RM00.038 per share. Last year, in total, the company distributed RM0.12 to shareholders. Calculating the last year's worth of payments shows that Magni-Tech Industries Berhad has a trailing yield of 5.0% on the current share price of RM02.35. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether Magni-Tech Industries Berhad has been able to grow its dividends, or if the dividend might be cut. Check out our latest analysis for Magni-Tech Industries Berhad Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. That's why it's good to see Magni-Tech Industries Berhad paying out a modest 45% of its earnings. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Magni-Tech Industries Berhad paid out more free cash flow than it generated - 166%, to be precise - last year, which we think is concerningly high. It's hard to consistently pay out more cash than you generate without either borrowing or using company cash, so we'd wonder how the company justifies this payout level. Magni-Tech Industries Berhad does have a large net cash position on the balance sheet, which could fund large dividends for a time, if the company so chose. Still, smart investors know that it is better to assess dividends relative to the cash and profit generated by the business. Paying dividends out of cash on the balance sheet is not long-term sustainable. Magni-Tech Industries Berhad paid out less in dividends than it reported in profits, but unfortunately it didn't generate enough cash to cover the dividend. Cash is king, as they say, and were Magni-Tech Industries Berhad to repeatedly pay dividends that aren't well covered by cashflow, we would consider this a warning sign. Click here to see how much of its profit Magni-Tech Industries Berhad paid out over the last 12 months. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we're encouraged by the steady growth at Magni-Tech Industries Berhad, with earnings per share up 7.2% on average over the last five years. Earnings have been growing at a steady rate, but we're concerned dividend payments consumed most of the company's cash flow over the past year. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the past 10 years, Magni-Tech Industries Berhad has increased its dividend at approximately 14% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. From a dividend perspective, should investors buy or avoid Magni-Tech Industries Berhad? Magni-Tech Industries Berhad has seen its earnings per share grow steadily and paid out less than half its profit over the last year. Unfortunately, its dividend was not well covered by free cash flow. In summary, while it has some positive characteristics, we're not inclined to race out and buy Magni-Tech Industries Berhad today. However if you're still interested in Magni-Tech Industries Berhad as a potential investment, you should definitely consider some of the risks involved with Magni-Tech Industries Berhad. To help with this, we've discovered 1 warning sign for Magni-Tech Industries Berhad that you should be aware of before investing in their shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
03-03-2025
- Business
- Yahoo
Malaysian Genomics Resource Centre Berhad Full Year 2024 Earnings: RM0.03 loss per share (vs RM0.12 loss in FY 2023)
Revenue: RM5.79m (down 40% from FY 2023). Net loss: RM4.16m (loss narrowed by 78% from FY 2023). RM0.03 loss per share (improved from RM0.12 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Malaysian Genomics Resource Centre Berhad shares are down 15% from a week ago. Be aware that Malaysian Genomics Resource Centre Berhad is showing 4 warning signs in our investment analysis and 3 of those make us uncomfortable... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
