Latest news with #RM0.21
Yahoo
23-02-2025
- Business
- Yahoo
Sunway Construction Group Berhad Beat Revenue Forecasts By 13%: Here's What Analysts Are Forecasting Next
Sunway Construction Group Berhad (KLSE:SUNCON) investors will be delighted, with the company turning in some strong numbers with its latest results. It was a positive result, with revenues and statutory earnings per share (EPS) both performing well. Revenues were 13% higher than the analysts had forecast, at RM3.5b, while EPS of RM0.14 beat analyst models by 8.9%. 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. Check out our latest analysis for Sunway Construction Group Berhad Taking into account the latest results, the consensus forecast from Sunway Construction Group Berhad's 16 analysts is for revenues of RM4.60b in 2025. This reflects a major 30% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 48% to RM0.21. Before this earnings report, the analysts had been forecasting revenues of RM4.47b and earnings per share (EPS) of RM0.21 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings. It will come as no surprise to learn that the analysts have increased their price target for Sunway Construction Group Berhad 6.3% to RM4.75on the back of these upgrades. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Sunway Construction Group Berhad analyst has a price target of RM5.70 per share, while the most pessimistic values it at RM2.50. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Sunway Construction Group Berhad's rate of growth is expected to accelerate meaningfully, with the forecast 30% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 15% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 14% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Sunway Construction Group Berhad is expected to grow much faster than its industry. The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Sunway Construction Group Berhad's earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Sunway Construction Group Berhad going out to 2027, and you can see them free on our platform here.. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Sunway Construction Group 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.
Yahoo
14-02-2025
- Business
- Yahoo
Oiltek International Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oiltek International Limited (Catalist:HQU) last week reported its latest full-year results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Oiltek International reported RM230m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of RM0.21 beat expectations, being 9.9% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Oiltek International Taking into account the latest results, the most recent consensus for Oiltek International from three analysts is for revenues of RM281.9m in 2025. If met, it would imply a substantial 22% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to swell 15% to RM0.24. In the lead-up to this report, the analysts had been modelling revenues of RM279.2m and earnings per share (EPS) of RM0.22 in 2025. Although the revenue estimates have not really changed, we can see there's been a nice gain to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result. The consensus price target rose 11% to S$1.43, suggesting that higher earnings estimates flow through to the stock's valuation as well. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Oiltek International, with the most bullish analyst valuing it at S$1.48 and the most bearish at S$1.37 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Oiltek International is an easy business to forecast or the the analysts are all using similar assumptions. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Oiltek International's past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 22% growth on an annualised basis. That is in line with its 24% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.5% annually. So although Oiltek International is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Oiltek International following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time. 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 Oiltek International going out to 2027, and you can see them free on our platform here. Before you take the next step you should know about the 2 warning signs for Oiltek International that we have uncovered. 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.
Yahoo
12-02-2025
- Business
- Yahoo
Oiltek International Full Year 2024 Earnings: EPS Beats Expectations
Revenue: RM230.3m (up 14% from FY 2023). Net income: RM29.6m (up 55% from FY 2023). Profit margin: 13% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.21 (up from RM0.13 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Construction industry in Asia. Performance of the market in Singapore. The company's shares are down 4.2% from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for Oiltek International 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
10-02-2025
- Business
- Yahoo
Analysts Just Slashed Their Lotte Chemical Titan Holding Berhad (KLSE:LCTITAN) EPS Numbers
Today is shaping up negative for Lotte Chemical Titan Holding Berhad (KLSE:LCTITAN) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analysts have soured majorly on the business. After the downgrade, the consensus from Lotte Chemical Titan Holding Berhad's four analysts is for revenues of RM6.2b in 2025, which would reflect an uneasy 17% decline in sales compared to the last year of performance. Losses are predicted to fall substantially, shrinking 39% to RM0.32 per share. Yet prior to the latest estimates, the analysts had been forecasting revenues of RM7.4b and losses of RM0.21 per share in 2025. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase. See our latest analysis for Lotte Chemical Titan Holding Berhad The consensus price target fell 24% to RM0.75, with the analysts clearly concerned about the company following the weaker revenue and earnings outlook. Of course, another way to look at these forecasts is to place them into context against the industry itself. Over the past five years, revenues have declined around 0.06% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 17% decline in revenue until the end of 2025. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 4.8% per year. So while a broad number of companies are forecast to grow, unfortunately Lotte Chemical Titan Holding Berhad is expected to see its sales affected worse than other companies in the industry. The most important thing to take away is that analysts increased their loss per share estimates for this year. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales slower than the wider market. With a serious cut to this year's expectations and a falling price target, we wouldn't be surprised if investors were becoming wary of Lotte Chemical Titan Holding Berhad. Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have estimates - from multiple Lotte Chemical Titan Holding Berhad analysts - going out to 2027, and you can see them free on our platform here. Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership. 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