Wasco Berhad Future Growth

Future criteria checks 0/6

Wasco Berhad's earnings are forecast to decline at 6% per annum while its annual revenue is expected to grow at 2.6% per year. EPS is expected to decline by 5.5% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

-6.0%

Earnings growth rate

-5.5%

EPS growth rate

Energy Services earnings growth	11.3%
Revenue growth rate	2.6%
Future return on equity	13.0%
Analyst coverage	Good
Last updated	30 Aug 2024

Recent future growth updates

Recent updates

Cautious Investors Not Rewarding Wasco Berhad's (KLSE:WASCO) Performance Completely

Apr 24

Returns On Capital Are A Standout For Wasco Berhad (KLSE:WASCO)

Jan 22

An Intrinsic Calculation For Wah Seong Corporation Berhad (KLSE:WASEONG) Suggests It's 23% Undervalued

May 19

Analysts Just Made A Significant Upgrade To Their Wah Seong Corporation Berhad (KLSE:WASEONG) Forecasts

Feb 27

We Like These Underlying Return On Capital Trends At Wah Seong Corporation Berhad (KLSE:WASEONG)

Jan 31

Returns At Wah Seong Corporation Berhad (KLSE:WASEONG) Are On The Way Up

Jul 07

Is There An Opportunity With Wah Seong Corporation Berhad's (KLSE:WASEONG) 45% Undervaluation?

Mar 29

Is Wah Seong Corporation Berhad (KLSE:WASEONG) Using Too Much Debt?

Mar 07

Wah Seong Corporation Berhad (KLSE:WASEONG) Shareholders Will Want The ROCE Trajectory To Continue

Feb 08

Wah Seong Corporation Berhad (KLSE:WASEONG) Might Have The Makings Of A Multi-Bagger

Oct 12

Wah Seong Corporation Berhad (KLSE:WASEONG) Takes On Some Risk With Its Use Of Debt

Aug 28

Wah Seong Corporation Berhad (KLSE:WASEONG) Could Be At Risk Of Shrinking As A Company

Jul 13

Wah Seong Corporation Berhad (KLSE:WASEONG) Has Debt But No Earnings; Should You Worry?

May 17

Returns On Capital At Wah Seong Corporation Berhad (KLSE:WASEONG) Paint A Concerning Picture

Apr 08

Earnings and Revenue Growth Forecasts

KLSE:WASCO - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,001	129	246	242	5
12/31/2025	2,954	122	237	228	6
12/31/2024	2,829	119	167	138	6
6/30/2024	2,839	156	222	387	N/A
3/31/2024	2,718	145	-11	149	N/A
12/31/2023	2,606	104	112	240	N/A
9/30/2023	2,372	14	-64	11	N/A
6/30/2023	2,284	7	-14	35	N/A
3/31/2023	2,439	1	140	147	N/A
12/31/2022	2,366	-13	130	166	N/A
9/30/2022	2,347	-70	133	209	N/A
6/30/2022	1,955	-96	150	240	N/A
3/31/2022	1,555	-111	99	228	N/A
12/31/2021	1,429	-107	124	220	N/A
9/30/2021	1,360	39	100	186	N/A
6/30/2021	1,510	-211	66	138	N/A
3/31/2021	1,416	-242	101	150	N/A
12/31/2020	1,409	-295	53	106	N/A
9/30/2020	1,452	-360	102	139	N/A
6/30/2020	1,644	-89	161	200	N/A
3/31/2020	2,158	-40	99	149	N/A
12/31/2019	2,515	24	145	207	N/A
9/30/2019	2,792	45	245	369	N/A
6/30/2019	2,849	54	79	204	N/A
3/31/2019	2,852	56	159	272	N/A
12/31/2018	2,961	65	99	197	N/A
9/30/2018	3,234	141	-56	223	N/A
6/30/2018	3,282	147	110	380	N/A
3/31/2018	2,968	133	N/A	310	N/A
12/31/2017	2,492	113	N/A	338	N/A
9/30/2017	1,843	-151	N/A	93	N/A
6/30/2017	1,371	-207	N/A	90	N/A
3/31/2017	1,252	-221	N/A	159	N/A
12/31/2016	1,277	-228	N/A	131	N/A
9/30/2016	1,394	-61	N/A	152	N/A
6/30/2016	1,524	-33	N/A	95	N/A
3/31/2016	1,658	-15	N/A	113	N/A
12/31/2015	1,840	9	N/A	173	N/A
9/30/2015	2,103	75	N/A	165	N/A
6/30/2015	2,288	103	N/A	231	N/A
3/31/2015	2,479	131	N/A	99	N/A
12/31/2014	2,439	126	N/A	41	N/A
9/30/2014	2,222	112	N/A	99	N/A
6/30/2014	2,045	86	N/A	74	N/A
3/31/2014	1,834	54	N/A	253	N/A
12/31/2013	1,779	32	N/A	272	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WASCO's earnings are forecast to decline over the next 3 years (-6% per year).

Earnings vs Market: WASCO's earnings are forecast to decline over the next 3 years (-6% per year).

High Growth Earnings: WASCO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WASCO's revenue (2.6% per year) is forecast to grow slower than the MY market (6.2% per year).

High Growth Revenue: WASCO's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WASCO's Return on Equity is forecast to be low in 3 years time (13%).

Wasco Berhad Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 8.8% to RM1.38

Price target increased by 9.8% to RM1.27

Price target increased by 10% to RM1.22

Price target increased by 10% to RM1.03

Forecast breakeven date pushed back to 2023

Price target decreased to RM0.89

Recent updates

Second quarter 2024 earnings released: EPS: RM0.044 (vs RM0.031 in 2Q 2023)

First quarter 2024 earnings released: EPS: RM0.074 (vs RM0.028 in 1Q 2023)

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Wasco Berhad, Annual General Meeting, May 30, 2024

Investor sentiment improves as stock rises 16%

Cautious Investors Not Rewarding Wasco Berhad's (KLSE:WASCO) Performance Completely

New minor risk - Share price stability

Price target increased by 8.8% to RM1.38

Full year 2023 earnings released: EPS: RM0.14 (vs RM0.008 loss in FY 2022)

Investor sentiment improves as stock rises 16%

Returns On Capital Are A Standout For Wasco Berhad (KLSE:WASCO)

Price target increased by 9.8% to RM1.27

Third quarter 2023 earnings released: EPS: RM0.035 (vs RM0.025 in 3Q 2022)

Price target increased by 10% to RM1.22

Second quarter 2023 earnings released: EPS: RM0.031 (vs RM0.023 in 2Q 2022)

Wah Seong Corporation Berhad Appoints Lily Rozita Binti Mohamad Khairi as Member of Nomination and Remuneration Committee

Price target increased by 10% to RM1.03

Now 25% undervalued

An Intrinsic Calculation For Wah Seong Corporation Berhad (KLSE:WASEONG) Suggests It's 23% Undervalued

Analysts Just Made A Significant Upgrade To Their Wah Seong Corporation Berhad (KLSE:WASEONG) Forecasts

Forecast breakeven date pushed back to 2023

We Like These Underlying Return On Capital Trends At Wah Seong Corporation Berhad (KLSE:WASEONG)

Now 20% undervalued

Third quarter 2022 earnings released: EPS: RM0.025 (vs RM0.008 loss in 3Q 2021)

Price target decreased to RM0.89

Insufficient new directors

Second quarter 2022 earnings released: EPS: RM0.023 (vs RM0.003 in 2Q 2021)

Returns At Wah Seong Corporation Berhad (KLSE:WASEONG) Are On The Way Up

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to RM0.95

Insufficient new directors

Price target increased to RM0.95

Is There An Opportunity With Wah Seong Corporation Berhad's (KLSE:WASEONG) 45% Undervaluation?

Is Wah Seong Corporation Berhad (KLSE:WASEONG) Using Too Much Debt?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Wah Seong Corporation Berhad Reports Impairment Loss for the Fourth Quarter Ended December 31, 2021

Wah Seong Corporation Berhad (KLSE:WASEONG) Shareholders Will Want The ROCE Trajectory To Continue

Third quarter 2021 earnings: EPS and revenues exceed analyst expectations

Wah Seong Corporation Berhad (KLSE:WASEONG) Might Have The Makings Of A Multi-Bagger

Wah Seong Corporation Berhad (KLSE:WASEONG) Takes On Some Risk With Its Use Of Debt

Second quarter 2021 earnings released: EPS RM0.003 (vs RM0.038 loss in 2Q 2020)

Wah Seong Corporation Berhad (KLSE:WASEONG) Could Be At Risk Of Shrinking As A Company

Price target increased to RM0.92

First quarter 2021 earnings released: EPS RM0.011 (vs RM0.058 loss in 1Q 2020)

Wah Seong Corporation Berhad Reports Write-Off on Property, Plant and Equipment for the Fourth Quarter Ended March 31, 2021

Wah Seong Corporation Berhad (KLSE:WASEONG) Has Debt But No Earnings; Should You Worry?

Full year 2020 earnings released: RM0.38 loss per share (vs RM0.031 profit in FY 2019)

Returns On Capital At Wah Seong Corporation Berhad (KLSE:WASEONG) Paint A Concerning Picture

What Kind Of Investors Own Most Of Wah Seong Corporation Berhad (KLSE:WASEONG)?

Full year 2020 earnings released: RM0.38 loss per share (vs RM0.031 profit in FY 2019)

Revenue and earnings beat expectations

A Look At Wah Seong Corporation Berhad's (KLSE:WASEONG) Share Price Returns

New 90-day high: RM0.89

Is Wah Seong Corporation Berhad (KLSE:WASEONG) Weighed On By Its Debt Load?

New 90-day high: RM0.83

Analysts increase EPS estimates to -RM0.095

New 90-day high: RM0.55

What Did Wah Seong Corporation Berhad's (KLSE:WASEONG) CEO Take Home Last Year?

Third quarter 2020 earnings released: RM0.33 loss per share

New 90-day low: RM0.41

New 90-day low: RM0.45

Analysts lower EPS estimates to -RM0.14

Price target lowered to RM0.51

Earnings released

New 90-day low - RM0.48

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity