View ValuationMalayan Cement Berhad 将来の成長Future 基準チェック /16Malayan Cement Berhad利益と収益がそれぞれ年間7.6%と5.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.6% 8.2%なると予測されています。主要情報7.6%収益成長率8.23%EPS成長率Basic Materials 収益成長19.3%収益成長率5.2%将来の株主資本利益率11.61%アナリストカバレッジLow最終更新日21 May 2026今後の成長に関する最新情報Price Target Changed • Feb 27Price target increased by 27% to RM10.25Up from RM8.06, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM8.60. Stock is up 73% over the past year. The company is forecast to post earnings per share of RM0.60 for next year compared to RM0.50 last year.Major Estimate Revision • Dec 04Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM4.81b to RM5.07b. EPS estimate increased from RM0.442 to RM0.563 per share. Net income forecast to grow 1.2% next year vs 18% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM7.43 to RM8.06. Share price was steady at RM6.79 over the past week.Price Target Changed • Nov 28Price target increased by 8.1% to RM8.04Up from RM7.43, the current price target is an average from 5 analysts. New target price is 20% above last closing price of RM6.71. Stock is up 40% over the past year. The company is forecast to post earnings per share of RM0.51 for next year compared to RM0.50 last year.Major Estimate Revision • May 29Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from RM4.66b to RM4.73b. EPS estimate increased from RM0.382 to RM0.447 per share. Net income forecast to shrink 0.9% next year vs 38% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM6.96. Share price rose 4.9% to RM5.09 over the past week.Price Target Changed • May 25Price target increased by 12% to RM6.60Up from RM5.87, the current price target is an average from 5 analysts. New target price is 24% above last closing price of RM5.30. Stock is up 93% over the past year. The company is forecast to post earnings per share of RM0.31 for next year compared to RM0.12 last year.Major Estimate Revision • Nov 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM3.92b to RM4.11b. EPS estimate increased from RM0.161 to RM0.207 per share. Net income forecast to grow 15% next year vs 34% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM4.49 to RM4.94. Share price rose 5.1% to RM4.14 over the past week.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to RM6.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 191% over the past three years.Declared Dividend • Mar 01First half dividend increased to RM0.06Dividend of RM0.06 is 20% higher than last year. Ex-date: 13th March 2026 Payment date: 27th March 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 28Second quarter 2026 earnings released: EPS: RM0.17 (vs RM0.14 in 2Q 2025)Second quarter 2026 results: EPS: RM0.17 (up from RM0.14 in 2Q 2025). Revenue: RM1.26b (up 9.5% from 2Q 2025). Net income: RM233.0m (up 26% from 2Q 2025). Profit margin: 19% (up from 16% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 56% per year.Price Target Changed • Feb 27Price target increased by 27% to RM10.25Up from RM8.06, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM8.60. Stock is up 73% over the past year. The company is forecast to post earnings per share of RM0.60 for next year compared to RM0.50 last year.分析記事 • Jan 07These 4 Measures Indicate That Malayan Cement Berhad (KLSE:MCEMENT) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 22Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 35%?Key Insights Malayan Cement Berhad's estimated fair value is RM11.11 based on 2 Stage Free Cash Flow to Equity Malayan...分析記事 • Dec 05Some Shareholders Feeling Restless Over Malayan Cement Berhad's (KLSE:MCEMENT) P/E RatioIt's not a stretch to say that Malayan Cement Berhad's ( KLSE:MCEMENT ) price-to-earnings (or "P/E") ratio of 13x right...Major Estimate Revision • Dec 04Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM4.81b to RM5.07b. EPS estimate increased from RM0.442 to RM0.563 per share. Net income forecast to grow 1.2% next year vs 18% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM7.43 to RM8.06. Share price was steady at RM6.79 over the past week.Price Target Changed • Nov 28Price target increased by 8.1% to RM8.04Up from RM7.43, the current price target is an average from 5 analysts. New target price is 20% above last closing price of RM6.71. Stock is up 40% over the past year. The company is forecast to post earnings per share of RM0.51 for next year compared to RM0.50 last year.Reported Earnings • Nov 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: RM0.50 (up from RM0.33 in FY 2024). Revenue: RM4.53b (up 1.8% from FY 2024). Net income: RM672.4m (up 57% from FY 2024). Profit margin: 15% (up from 9.6% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 30Malayan Cement Berhad, Annual General Meeting, Dec 04, 2025Malayan Cement Berhad, Annual General Meeting, Dec 04, 2025, at 15:30 Singapore Standard Time. Location: mayang sari grand ballroom, lower level 3, jw marriott hotel kuala lumpur, 183 jalan bukit bintang, 55100 kuala lumpur, Malaysia分析記事 • Oct 30Investors Will Want Malayan Cement Berhad's (KLSE:MCEMENT) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...分析記事 • Oct 13With EPS Growth And More, Malayan Cement Berhad (KLSE:MCEMENT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RM7.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM12.05 per share.分析記事 • Sep 24Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Sep 04Upcoming dividend of RM0.07 per shareEligible shareholders must have bought the stock before 11 September 2025. Payment date: 02 October 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (2.3%).New Risk • Aug 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.分析記事 • Aug 22Earnings Working Against Malayan Cement Berhad's (KLSE:MCEMENT) Share PriceWith a price-to-earnings (or "P/E") ratio of 11x Malayan Cement Berhad ( KLSE:MCEMENT ) may be sending bullish signals...Reported Earnings • Aug 22Full year 2025 earnings released: EPS: RM0.50 (vs RM0.33 in FY 2024)Full year 2025 results: EPS: RM0.50 (up from RM0.33 in FY 2024). Revenue: RM4.53b (up 1.8% from FY 2024). Net income: RM672.4m (up 57% from FY 2024). Profit margin: 15% (up from 9.6% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.分析記事 • Jun 30With EPS Growth And More, Malayan Cement Berhad (KLSE:MCEMENT) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Major Estimate Revision • May 29Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from RM4.66b to RM4.73b. EPS estimate increased from RM0.382 to RM0.447 per share. Net income forecast to shrink 0.9% next year vs 38% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM6.96. Share price rose 4.9% to RM5.09 over the past week.New Risk • May 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • May 23Third quarter 2025 earnings released: EPS: RM0.14 (vs RM0.077 in 3Q 2024)Third quarter 2025 results: EPS: RM0.14 (up from RM0.077 in 3Q 2024). Revenue: RM1.10b (flat on 3Q 2024). Net income: RM182.8m (up 81% from 3Q 2024). Profit margin: 17% (up from 9.2% in 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.分析記事 • May 20Malayan Cement Berhad (KLSE:MCEMENT) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Upcoming Dividend • Feb 26Upcoming dividend of RM0.05 per shareEligible shareholders must have bought the stock before 05 March 2025. Payment date: 27 March 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (2.5%).Reported Earnings • Feb 21Second quarter 2025 earnings released: EPS: RM0.14 (vs RM0.092 in 2Q 2024)Second quarter 2025 results: EPS: RM0.14 (up from RM0.092 in 2Q 2024). Revenue: RM1.15b (flat on 2Q 2024). Net income: RM184.7m (up 52% from 2Q 2024). Profit margin: 16% (up from 11% in 2Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 06Malayan Cement Berhad's (KLSE:MCEMENT) Business Is Trailing The Market But Its Shares Aren'tWith a median price-to-earnings (or "P/E") ratio of close to 15x in Malaysia, you could be forgiven for feeling...分析記事 • Jan 15Investors Will Want Malayan Cement Berhad's (KLSE:MCEMENT) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 18Malayan Cement Berhad (KLSE:MCEMENT) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 27First quarter 2025 earnings released: EPS: RM0.10 (vs RM0.073 in 1Q 2024)First quarter 2025 results: EPS: RM0.10 (up from RM0.073 in 1Q 2024). Revenue: RM1.17b (up 1.9% from 1Q 2024). Net income: RM139.4m (up 45% from 1Q 2024). Profit margin: 12% (up from 8.4% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 22Upcoming dividend of RM0.06 per shareEligible shareholders must have bought the stock before 29 October 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.8%). In line with average of industry peers (2.4%).分析記事 • Sep 30Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 37%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Malayan Cement Berhad fair value estimate is RM8.21 Current...New Risk • Sep 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).分析記事 • Sep 11Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Aug 23Malayan Cement Berhad's (KLSE:MCEMENT) Dividend Will Be MYR0.06The board of Malayan Cement Berhad ( KLSE:MCEMENT ) has announced that it will pay a dividend of MYR0.06 per share on...Declared Dividend • Aug 23Final dividend of RM0.06 announcedShareholders will receive a dividend of RM0.06. Ex-date: 29th October 2024 Payment date: 15th November 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 22Full year 2024 earnings released: EPS: RM0.33 (vs RM0.12 in FY 2023)Full year 2024 results: EPS: RM0.33 (up from RM0.12 in FY 2023). Revenue: RM4.45b (up 18% from FY 2023). Net income: RM428.7m (up 170% from FY 2023). Profit margin: 9.6% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 31Malayan Cement Berhad (KLSE:MCEMENT) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Jul 11Malayan Cement Berhad's (KLSE:MCEMENT) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that Malayan Cement Berhad's ( KLSE:MCEMENT ) price-to-earnings (or "P/E") ratio of 19.1x...New Risk • Jun 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.分析記事 • Jun 04Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 47% Discount?Key Insights The projected fair value for Malayan Cement Berhad is RM9.49 based on 2 Stage Free Cash Flow to Equity...Upcoming Dividend • Jun 03Upcoming dividend of RM0.04 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Malaysian dividend payers (4.4%). Lower than average of industry peers (2.4%).お知らせ • May 26Malayan Cement Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended March 31, 2024Malayan Cement Berhad reported Property, plant and equipment written off for the quarter ended March 31, 2024. For the quarter, the company reported Property, plant and equipment written off of MYR 1,000.Price Target Changed • May 25Price target increased by 12% to RM6.60Up from RM5.87, the current price target is an average from 5 analysts. New target price is 24% above last closing price of RM5.30. Stock is up 93% over the past year. The company is forecast to post earnings per share of RM0.31 for next year compared to RM0.12 last year.お知らせ • May 25Malayan Cement Berhad Announces Interim Dividend in Respect of the Financial Year Ending 30 June 2024, Payable on June 26, 2024Malayan Cement Berhad announced Interim dividend of 4 sen per ordinary share in respect of the financial year ending 30 June 2024. Ex-Date is 10 June 2024. Entitlement date is 11 June 2024. Payment Date is 26 June 2024.Reported Earnings • Feb 23Second quarter 2024 earnings released: EPS: RM0.093 (vs RM0.012 in 2Q 2023)Second quarter 2024 results: EPS: RM0.093 (up from RM0.012 in 2Q 2023). Revenue: RM1.16b (up 29% from 2Q 2023). Net income: RM121.2m (up RM105.9m from 2Q 2023). Profit margin: 11% (up from 1.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.2%.分析記事 • Jan 04Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Major Estimate Revision • Nov 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM3.92b to RM4.11b. EPS estimate increased from RM0.161 to RM0.207 per share. Net income forecast to grow 15% next year vs 34% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM4.49 to RM4.94. Share price rose 5.1% to RM4.14 over the past week.Reported Earnings • Nov 02Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: RM0.12 (up from RM0.068 in FY 2022). Revenue: RM3.76b (up 39% from FY 2022). Net income: RM159.0m (up 90% from FY 2022). Profit margin: 4.2% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.0%. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 31Malayan Cement Berhad, Annual General Meeting, Dec 05, 2023Malayan Cement Berhad, Annual General Meeting, Dec 05, 2023, at 16:30 Singapore Standard Time. Agenda: To lay before the meeting the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors; to approve the payment of fees to the Non-Executive Directors amounting to RM903,014 for the financial year ended 30 June 2023; to approve the payment of meeting attendance allowance of RM1,000 per meeting for each Non-Executive Director for the period from January 2024 to December 2024; to re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters.Upcoming Dividend • Oct 25Upcoming dividend of RM0.06 per share at 1.7% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 21 November 2023. Trailing yield: 1.7%. Lower than top quartile of Malaysian dividend payers (5.2%). Lower than average of industry peers (2.8%).分析記事 • Sep 19Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Aug 26Price target increased by 12% to RM4.39Up from RM3.93, the current price target is an average from 5 analysts. New target price is 22% above last closing price of RM3.60. Stock is up 63% over the past year. The company is forecast to post earnings per share of RM0.16 for next year compared to RM0.12 last year.Reported Earnings • Aug 25Full year 2023 earnings released: EPS: RM0.12 (vs RM0.068 in FY 2022)Full year 2023 results: EPS: RM0.12 (up from RM0.068 in FY 2022). Revenue: RM3.76b (up 39% from FY 2022). Net income: RM159.0m (up 90% from FY 2022). Profit margin: 4.2% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 25+ 1 more updateMalayan Cement Berhad Reports Written Offs for the Quarter Ended June 30, 2023Malayan Cement Berhad reported write offs for the quarter ended June 30, 2023. for the quarter, the company reported Property, plant and equipment written off of MYR 941,000. Impairment of good will was MYR 3,000.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to RM3.87, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM6.43 per share.分析記事 • Aug 15What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/EWith a price-to-earnings (or "P/E") ratio of 38.9x Malayan Cement Berhad ( KLSE:MCEMENT ) may be sending very bearish...Price Target Changed • Aug 15Price target increased by 7.7% to RM3.93Up from RM3.65, the current price target is an average from 5 analysts. New target price is 17% above last closing price of RM3.37. Stock is up 59% over the past year. The company is forecast to post earnings per share of RM0.089 for next year compared to RM0.068 last year.Price Target Changed • Jul 28Price target increased by 7.2% to RM3.84Up from RM3.58, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM3.23. Stock is up 53% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.068 last year.分析記事 • Jul 24Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way UpDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...分析記事 • Jul 05Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?Key Insights Malayan Cement Berhad's estimated fair value is RM5.17 based on 2 Stage Free Cash Flow to Equity Current...分析記事 • Jun 14At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?Malayan Cement Berhad ( KLSE:MCEMENT ), might not be a large cap stock, but it led the KLSE gainers with a relatively...Major Estimate Revision • Jun 01Consensus EPS estimates increase by 72%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from RM3.43b to RM3.52b. EPS estimate increased from RM0.05 to RM0.085 per share. Net income forecast to grow 10% next year vs 35% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM2.63 to RM3.13. Share price fell 7.0% to RM2.66 over the past week.お知らせ • May 27+ 15 more updatesMalayan Cement Berhad Announces Resignation of Tan Sri Datuk Asmat Bin Kamaludin as Independent and Non Executive Member of Audit Committee, Effective 30 May 2023Malayan Cement Berhad announced resignation of Tan Sri Datuk Asmat Bin Kamaludin as Independent and Non Executive Member of Audit Committee. His Age 79. Date of change 30 May 2023. Composition of Audit Committee (Name and Directorate of members after change), Mr. Yap Seng Chong (Chairman, Independent Non-Executive Director). Professor Datuk Ts. Ir. Dr. Siti Hamisah Binti Tapsir (Member, Independent Non-Executive Director), Ms Fong Yee Mei (Member, Independent Non-Executive Director).Price Target Changed • May 26Price target increased by 25% to RM3.13Up from RM2.50, the current price target is an average from 5 analysts. New target price is 14% above last closing price of RM2.75. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.062 for next year compared to RM0.068 last year.お知らせ • May 26+ 1 more updateMalayan Cement Berhad Announces Resignation of Dato' Tan Guan Cheong as Independent and Non Executive Independent Director, Effective 30 May 2023Malayan Cement Berhad announced resignation of Dato' Tan Guan Cheong as Independent and Non Executive Independent Director. His Age 79. Date of change 30 May 2023. Reason: In line with the mandatory 12 years tenure limit for Independent Director under Bursa Malaysia Securities Berhad Main Market Listing Requirements.Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.81, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 1.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM4.08 per share.分析記事 • Mar 30Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Feb 24Second quarter 2023 earnings released: EPS: RM0.012 (vs RM0.042 in 2Q 2022)Second quarter 2023 results: EPS: RM0.012 (down from RM0.042 in 2Q 2022). Revenue: RM897.0m (up 9.2% from 2Q 2022). Net income: RM15.3m (down 72% from 2Q 2022). Profit margin: 1.7% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.分析記事 • Feb 17Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...分析記事 • Jan 19Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Malayan Cement Berhad...Major Estimate Revision • Dec 01Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from RM3.33b to RM3.29b. EPS estimate also fell from RM0.08 per share to RM0.05 per share. Net income forecast to shrink 27% next year vs 24% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM2.50. Share price fell 7.1% to RM2.08 over the past week.Reported Earnings • Nov 25First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: RM858.9m (up 202% from 1Q 2022). Net income: RM953.0k (up RM24.7m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent & Non Executive Director Michael Tan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 01Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: RM0.068 (up from RM0.009 in FY 2021). Revenue: RM2.71b (up 98% from FY 2021). Net income: RM83.5m (up RM76.2m from FY 2021). Profit margin: 3.1% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Nov 01Malayan Cement Berhad, Annual General Meeting, Dec 06, 2022Malayan Cement Berhad, Annual General Meeting, Dec 06, 2022, at 16:30 Singapore Standard Time. Agenda: To lay before the meeting the Audited Financial Statements for the financial year ended 30 June 2022 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors who retire pursuant to Article 85 of the Company's Constitution; to approve the payment of fees to the Non-Executive Directors amounting to MYR 920,000 for the financial year ended 30 June 2022; to approve the payment of meeting attendance allowance of MYR 1,000 per meeting for each Non-Executive Director for the period from January 2023 to December 2023; to re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to discuss other matters.Price Target Changed • Aug 26Price target decreased to RM2.69Down from RM2.91, the current price target is an average from 5 analysts. New target price is 22% above last closing price of RM2.21. Stock is down 22% over the past year. The company is forecast to post earnings per share of RM0.09 for next year compared to RM0.068 last year.Major Estimate Revision • Jun 02Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from RM3.64b to RM3.00b. EPS estimate fell from RM0.07 to RM0.05 per share. Net income forecast to grow 110% next year vs 15% growth forecast for Basic Materials industry in Malaysia. Consensus price target down from RM3.14 to RM2.91. Share price fell 10% to RM2.34 over the past week.Reported Earnings • May 28Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: RM0.014 (up from RM0.011 in 3Q 2021). Revenue: RM794.9m (up 188% from 3Q 2021). Net income: RM18.2m (up 85% from 3Q 2021). Profit margin: 2.3% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 218%. Over the next year, revenue is forecast to grow 58%, compared to a 12% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.分析記事 • May 11Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...業績と収益の成長予測KLSE:MCEMENT - アナリストの将来予測と過去の財務データ ( )MYR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/20285,3619611,1521,12746/30/20275,1679021,0971,10046/30/20264,9318549971,061412/31/20254,6827828571,119N/A9/30/20254,5737349301,130N/A6/30/20254,528672778957N/A3/31/20254,460617648795N/A12/31/20244,463536703841N/A9/30/20244,469472588736N/A6/30/20244,446429649810N/A3/31/20244,416398654834N/A12/31/20234,308360601752N/A9/30/20234,046254386513N/A6/30/20233,757159313418N/A3/31/20233,551114269377N/A12/31/20223,35569126237N/A9/30/20223,280108184285N/A6/30/20222,70584170244N/A3/31/20222,177591269N/A12/31/20211,757455098N/A9/30/20211,286-1571113N/A6/30/20211,37072880N/A6/30/20201,605-174-579N/A12/31/20191,923-168-106-17N/A9/30/20192,024-190N/A164N/A6/30/20192,053-262N/A-58N/A3/31/20192,114-283N/A-69N/A12/31/20182,122-319N/A-185N/A9/30/20182,150-342N/A-218N/A6/30/20182,234-275N/A-187N/A3/31/20182,234-235N/A-203N/A12/31/20172,249-215N/A-91N/A9/30/20172,309-101N/A25N/A6/30/20172,317-55N/A126N/A3/31/20172,4447N/A221N/A12/31/20162,55277N/A292N/A9/30/20162,63487N/A360N/A6/30/20162,718154N/A340N/A3/31/20162,725199N/A317N/A12/31/20152,751252N/A383N/A9/30/20152,717258N/A309N/A6/30/20152,711242N/A303N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MCEMENTの予測収益成長率 (年間7.6% ) は 貯蓄率 ( 3.8% ) を上回っています。収益対市場: MCEMENTの収益 ( 7.6% ) MY市場 ( 10.7% ) よりも低い成長が予測されています。高成長収益: MCEMENTの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: MCEMENTの収益 ( 5.2% ) MY市場 ( 6.4% ) よりも低い成長が予測されています。高い収益成長: MCEMENTの収益 ( 5.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MCEMENTの 自己資本利益率 は、3年後には低くなると予測されています ( 11.6 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 15:18終値2026/05/21 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Malayan Cement Berhad 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関Ken-Wern LimAffin Hwang Investment BankJake Hui YapAmInvestment Bank BerhadTjen-San ChongCGS International14 その他のアナリストを表示
Price Target Changed • Feb 27Price target increased by 27% to RM10.25Up from RM8.06, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM8.60. Stock is up 73% over the past year. The company is forecast to post earnings per share of RM0.60 for next year compared to RM0.50 last year.
Major Estimate Revision • Dec 04Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM4.81b to RM5.07b. EPS estimate increased from RM0.442 to RM0.563 per share. Net income forecast to grow 1.2% next year vs 18% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM7.43 to RM8.06. Share price was steady at RM6.79 over the past week.
Price Target Changed • Nov 28Price target increased by 8.1% to RM8.04Up from RM7.43, the current price target is an average from 5 analysts. New target price is 20% above last closing price of RM6.71. Stock is up 40% over the past year. The company is forecast to post earnings per share of RM0.51 for next year compared to RM0.50 last year.
Major Estimate Revision • May 29Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from RM4.66b to RM4.73b. EPS estimate increased from RM0.382 to RM0.447 per share. Net income forecast to shrink 0.9% next year vs 38% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM6.96. Share price rose 4.9% to RM5.09 over the past week.
Price Target Changed • May 25Price target increased by 12% to RM6.60Up from RM5.87, the current price target is an average from 5 analysts. New target price is 24% above last closing price of RM5.30. Stock is up 93% over the past year. The company is forecast to post earnings per share of RM0.31 for next year compared to RM0.12 last year.
Major Estimate Revision • Nov 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM3.92b to RM4.11b. EPS estimate increased from RM0.161 to RM0.207 per share. Net income forecast to grow 15% next year vs 34% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM4.49 to RM4.94. Share price rose 5.1% to RM4.14 over the past week.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to RM6.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 191% over the past three years.
Declared Dividend • Mar 01First half dividend increased to RM0.06Dividend of RM0.06 is 20% higher than last year. Ex-date: 13th March 2026 Payment date: 27th March 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 28Second quarter 2026 earnings released: EPS: RM0.17 (vs RM0.14 in 2Q 2025)Second quarter 2026 results: EPS: RM0.17 (up from RM0.14 in 2Q 2025). Revenue: RM1.26b (up 9.5% from 2Q 2025). Net income: RM233.0m (up 26% from 2Q 2025). Profit margin: 19% (up from 16% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 56% per year.
Price Target Changed • Feb 27Price target increased by 27% to RM10.25Up from RM8.06, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM8.60. Stock is up 73% over the past year. The company is forecast to post earnings per share of RM0.60 for next year compared to RM0.50 last year.
分析記事 • Jan 07These 4 Measures Indicate That Malayan Cement Berhad (KLSE:MCEMENT) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 22Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 35%?Key Insights Malayan Cement Berhad's estimated fair value is RM11.11 based on 2 Stage Free Cash Flow to Equity Malayan...
分析記事 • Dec 05Some Shareholders Feeling Restless Over Malayan Cement Berhad's (KLSE:MCEMENT) P/E RatioIt's not a stretch to say that Malayan Cement Berhad's ( KLSE:MCEMENT ) price-to-earnings (or "P/E") ratio of 13x right...
Major Estimate Revision • Dec 04Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM4.81b to RM5.07b. EPS estimate increased from RM0.442 to RM0.563 per share. Net income forecast to grow 1.2% next year vs 18% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM7.43 to RM8.06. Share price was steady at RM6.79 over the past week.
Price Target Changed • Nov 28Price target increased by 8.1% to RM8.04Up from RM7.43, the current price target is an average from 5 analysts. New target price is 20% above last closing price of RM6.71. Stock is up 40% over the past year. The company is forecast to post earnings per share of RM0.51 for next year compared to RM0.50 last year.
Reported Earnings • Nov 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: RM0.50 (up from RM0.33 in FY 2024). Revenue: RM4.53b (up 1.8% from FY 2024). Net income: RM672.4m (up 57% from FY 2024). Profit margin: 15% (up from 9.6% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 30Malayan Cement Berhad, Annual General Meeting, Dec 04, 2025Malayan Cement Berhad, Annual General Meeting, Dec 04, 2025, at 15:30 Singapore Standard Time. Location: mayang sari grand ballroom, lower level 3, jw marriott hotel kuala lumpur, 183 jalan bukit bintang, 55100 kuala lumpur, Malaysia
分析記事 • Oct 30Investors Will Want Malayan Cement Berhad's (KLSE:MCEMENT) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
分析記事 • Oct 13With EPS Growth And More, Malayan Cement Berhad (KLSE:MCEMENT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RM7.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM12.05 per share.
分析記事 • Sep 24Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Sep 04Upcoming dividend of RM0.07 per shareEligible shareholders must have bought the stock before 11 September 2025. Payment date: 02 October 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (2.3%).
New Risk • Aug 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
分析記事 • Aug 22Earnings Working Against Malayan Cement Berhad's (KLSE:MCEMENT) Share PriceWith a price-to-earnings (or "P/E") ratio of 11x Malayan Cement Berhad ( KLSE:MCEMENT ) may be sending bullish signals...
Reported Earnings • Aug 22Full year 2025 earnings released: EPS: RM0.50 (vs RM0.33 in FY 2024)Full year 2025 results: EPS: RM0.50 (up from RM0.33 in FY 2024). Revenue: RM4.53b (up 1.8% from FY 2024). Net income: RM672.4m (up 57% from FY 2024). Profit margin: 15% (up from 9.6% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
分析記事 • Jun 30With EPS Growth And More, Malayan Cement Berhad (KLSE:MCEMENT) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Major Estimate Revision • May 29Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from RM4.66b to RM4.73b. EPS estimate increased from RM0.382 to RM0.447 per share. Net income forecast to shrink 0.9% next year vs 38% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM6.96. Share price rose 4.9% to RM5.09 over the past week.
New Risk • May 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • May 23Third quarter 2025 earnings released: EPS: RM0.14 (vs RM0.077 in 3Q 2024)Third quarter 2025 results: EPS: RM0.14 (up from RM0.077 in 3Q 2024). Revenue: RM1.10b (flat on 3Q 2024). Net income: RM182.8m (up 81% from 3Q 2024). Profit margin: 17% (up from 9.2% in 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
分析記事 • May 20Malayan Cement Berhad (KLSE:MCEMENT) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Upcoming Dividend • Feb 26Upcoming dividend of RM0.05 per shareEligible shareholders must have bought the stock before 05 March 2025. Payment date: 27 March 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (2.5%).
Reported Earnings • Feb 21Second quarter 2025 earnings released: EPS: RM0.14 (vs RM0.092 in 2Q 2024)Second quarter 2025 results: EPS: RM0.14 (up from RM0.092 in 2Q 2024). Revenue: RM1.15b (flat on 2Q 2024). Net income: RM184.7m (up 52% from 2Q 2024). Profit margin: 16% (up from 11% in 2Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 06Malayan Cement Berhad's (KLSE:MCEMENT) Business Is Trailing The Market But Its Shares Aren'tWith a median price-to-earnings (or "P/E") ratio of close to 15x in Malaysia, you could be forgiven for feeling...
分析記事 • Jan 15Investors Will Want Malayan Cement Berhad's (KLSE:MCEMENT) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 18Malayan Cement Berhad (KLSE:MCEMENT) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 27First quarter 2025 earnings released: EPS: RM0.10 (vs RM0.073 in 1Q 2024)First quarter 2025 results: EPS: RM0.10 (up from RM0.073 in 1Q 2024). Revenue: RM1.17b (up 1.9% from 1Q 2024). Net income: RM139.4m (up 45% from 1Q 2024). Profit margin: 12% (up from 8.4% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 22Upcoming dividend of RM0.06 per shareEligible shareholders must have bought the stock before 29 October 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.8%). In line with average of industry peers (2.4%).
分析記事 • Sep 30Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 37%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Malayan Cement Berhad fair value estimate is RM8.21 Current...
New Risk • Sep 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).
分析記事 • Sep 11Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Aug 23Malayan Cement Berhad's (KLSE:MCEMENT) Dividend Will Be MYR0.06The board of Malayan Cement Berhad ( KLSE:MCEMENT ) has announced that it will pay a dividend of MYR0.06 per share on...
Declared Dividend • Aug 23Final dividend of RM0.06 announcedShareholders will receive a dividend of RM0.06. Ex-date: 29th October 2024 Payment date: 15th November 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 22Full year 2024 earnings released: EPS: RM0.33 (vs RM0.12 in FY 2023)Full year 2024 results: EPS: RM0.33 (up from RM0.12 in FY 2023). Revenue: RM4.45b (up 18% from FY 2023). Net income: RM428.7m (up 170% from FY 2023). Profit margin: 9.6% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 31Malayan Cement Berhad (KLSE:MCEMENT) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Jul 11Malayan Cement Berhad's (KLSE:MCEMENT) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that Malayan Cement Berhad's ( KLSE:MCEMENT ) price-to-earnings (or "P/E") ratio of 19.1x...
New Risk • Jun 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
分析記事 • Jun 04Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 47% Discount?Key Insights The projected fair value for Malayan Cement Berhad is RM9.49 based on 2 Stage Free Cash Flow to Equity...
Upcoming Dividend • Jun 03Upcoming dividend of RM0.04 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Malaysian dividend payers (4.4%). Lower than average of industry peers (2.4%).
お知らせ • May 26Malayan Cement Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended March 31, 2024Malayan Cement Berhad reported Property, plant and equipment written off for the quarter ended March 31, 2024. For the quarter, the company reported Property, plant and equipment written off of MYR 1,000.
Price Target Changed • May 25Price target increased by 12% to RM6.60Up from RM5.87, the current price target is an average from 5 analysts. New target price is 24% above last closing price of RM5.30. Stock is up 93% over the past year. The company is forecast to post earnings per share of RM0.31 for next year compared to RM0.12 last year.
お知らせ • May 25Malayan Cement Berhad Announces Interim Dividend in Respect of the Financial Year Ending 30 June 2024, Payable on June 26, 2024Malayan Cement Berhad announced Interim dividend of 4 sen per ordinary share in respect of the financial year ending 30 June 2024. Ex-Date is 10 June 2024. Entitlement date is 11 June 2024. Payment Date is 26 June 2024.
Reported Earnings • Feb 23Second quarter 2024 earnings released: EPS: RM0.093 (vs RM0.012 in 2Q 2023)Second quarter 2024 results: EPS: RM0.093 (up from RM0.012 in 2Q 2023). Revenue: RM1.16b (up 29% from 2Q 2023). Net income: RM121.2m (up RM105.9m from 2Q 2023). Profit margin: 11% (up from 1.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.2%.
分析記事 • Jan 04Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Major Estimate Revision • Nov 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM3.92b to RM4.11b. EPS estimate increased from RM0.161 to RM0.207 per share. Net income forecast to grow 15% next year vs 34% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM4.49 to RM4.94. Share price rose 5.1% to RM4.14 over the past week.
Reported Earnings • Nov 02Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: RM0.12 (up from RM0.068 in FY 2022). Revenue: RM3.76b (up 39% from FY 2022). Net income: RM159.0m (up 90% from FY 2022). Profit margin: 4.2% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.0%. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 31Malayan Cement Berhad, Annual General Meeting, Dec 05, 2023Malayan Cement Berhad, Annual General Meeting, Dec 05, 2023, at 16:30 Singapore Standard Time. Agenda: To lay before the meeting the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors; to approve the payment of fees to the Non-Executive Directors amounting to RM903,014 for the financial year ended 30 June 2023; to approve the payment of meeting attendance allowance of RM1,000 per meeting for each Non-Executive Director for the period from January 2024 to December 2024; to re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters.
Upcoming Dividend • Oct 25Upcoming dividend of RM0.06 per share at 1.7% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 21 November 2023. Trailing yield: 1.7%. Lower than top quartile of Malaysian dividend payers (5.2%). Lower than average of industry peers (2.8%).
分析記事 • Sep 19Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Aug 26Price target increased by 12% to RM4.39Up from RM3.93, the current price target is an average from 5 analysts. New target price is 22% above last closing price of RM3.60. Stock is up 63% over the past year. The company is forecast to post earnings per share of RM0.16 for next year compared to RM0.12 last year.
Reported Earnings • Aug 25Full year 2023 earnings released: EPS: RM0.12 (vs RM0.068 in FY 2022)Full year 2023 results: EPS: RM0.12 (up from RM0.068 in FY 2022). Revenue: RM3.76b (up 39% from FY 2022). Net income: RM159.0m (up 90% from FY 2022). Profit margin: 4.2% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 25+ 1 more updateMalayan Cement Berhad Reports Written Offs for the Quarter Ended June 30, 2023Malayan Cement Berhad reported write offs for the quarter ended June 30, 2023. for the quarter, the company reported Property, plant and equipment written off of MYR 941,000. Impairment of good will was MYR 3,000.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to RM3.87, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM6.43 per share.
分析記事 • Aug 15What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/EWith a price-to-earnings (or "P/E") ratio of 38.9x Malayan Cement Berhad ( KLSE:MCEMENT ) may be sending very bearish...
Price Target Changed • Aug 15Price target increased by 7.7% to RM3.93Up from RM3.65, the current price target is an average from 5 analysts. New target price is 17% above last closing price of RM3.37. Stock is up 59% over the past year. The company is forecast to post earnings per share of RM0.089 for next year compared to RM0.068 last year.
Price Target Changed • Jul 28Price target increased by 7.2% to RM3.84Up from RM3.58, the current price target is an average from 5 analysts. New target price is 19% above last closing price of RM3.23. Stock is up 53% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.068 last year.
分析記事 • Jul 24Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way UpDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
分析記事 • Jul 05Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?Key Insights Malayan Cement Berhad's estimated fair value is RM5.17 based on 2 Stage Free Cash Flow to Equity Current...
分析記事 • Jun 14At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?Malayan Cement Berhad ( KLSE:MCEMENT ), might not be a large cap stock, but it led the KLSE gainers with a relatively...
Major Estimate Revision • Jun 01Consensus EPS estimates increase by 72%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from RM3.43b to RM3.52b. EPS estimate increased from RM0.05 to RM0.085 per share. Net income forecast to grow 10% next year vs 35% growth forecast for Basic Materials industry in Malaysia. Consensus price target up from RM2.63 to RM3.13. Share price fell 7.0% to RM2.66 over the past week.
お知らせ • May 27+ 15 more updatesMalayan Cement Berhad Announces Resignation of Tan Sri Datuk Asmat Bin Kamaludin as Independent and Non Executive Member of Audit Committee, Effective 30 May 2023Malayan Cement Berhad announced resignation of Tan Sri Datuk Asmat Bin Kamaludin as Independent and Non Executive Member of Audit Committee. His Age 79. Date of change 30 May 2023. Composition of Audit Committee (Name and Directorate of members after change), Mr. Yap Seng Chong (Chairman, Independent Non-Executive Director). Professor Datuk Ts. Ir. Dr. Siti Hamisah Binti Tapsir (Member, Independent Non-Executive Director), Ms Fong Yee Mei (Member, Independent Non-Executive Director).
Price Target Changed • May 26Price target increased by 25% to RM3.13Up from RM2.50, the current price target is an average from 5 analysts. New target price is 14% above last closing price of RM2.75. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.062 for next year compared to RM0.068 last year.
お知らせ • May 26+ 1 more updateMalayan Cement Berhad Announces Resignation of Dato' Tan Guan Cheong as Independent and Non Executive Independent Director, Effective 30 May 2023Malayan Cement Berhad announced resignation of Dato' Tan Guan Cheong as Independent and Non Executive Independent Director. His Age 79. Date of change 30 May 2023. Reason: In line with the mandatory 12 years tenure limit for Independent Director under Bursa Malaysia Securities Berhad Main Market Listing Requirements.
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.81, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 1.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM4.08 per share.
分析記事 • Mar 30Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Feb 24Second quarter 2023 earnings released: EPS: RM0.012 (vs RM0.042 in 2Q 2022)Second quarter 2023 results: EPS: RM0.012 (down from RM0.042 in 2Q 2022). Revenue: RM897.0m (up 9.2% from 2Q 2022). Net income: RM15.3m (down 72% from 2Q 2022). Profit margin: 1.7% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
分析記事 • Feb 17Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
分析記事 • Jan 19Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Malayan Cement Berhad...
Major Estimate Revision • Dec 01Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from RM3.33b to RM3.29b. EPS estimate also fell from RM0.08 per share to RM0.05 per share. Net income forecast to shrink 27% next year vs 24% growth forecast for Basic Materials industry in Malaysia . Consensus price target broadly unchanged at RM2.50. Share price fell 7.1% to RM2.08 over the past week.
Reported Earnings • Nov 25First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: RM858.9m (up 202% from 1Q 2022). Net income: RM953.0k (up RM24.7m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent & Non Executive Director Michael Tan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 01Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: RM0.068 (up from RM0.009 in FY 2021). Revenue: RM2.71b (up 98% from FY 2021). Net income: RM83.5m (up RM76.2m from FY 2021). Profit margin: 3.1% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Nov 01Malayan Cement Berhad, Annual General Meeting, Dec 06, 2022Malayan Cement Berhad, Annual General Meeting, Dec 06, 2022, at 16:30 Singapore Standard Time. Agenda: To lay before the meeting the Audited Financial Statements for the financial year ended 30 June 2022 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors who retire pursuant to Article 85 of the Company's Constitution; to approve the payment of fees to the Non-Executive Directors amounting to MYR 920,000 for the financial year ended 30 June 2022; to approve the payment of meeting attendance allowance of MYR 1,000 per meeting for each Non-Executive Director for the period from January 2023 to December 2023; to re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to discuss other matters.
Price Target Changed • Aug 26Price target decreased to RM2.69Down from RM2.91, the current price target is an average from 5 analysts. New target price is 22% above last closing price of RM2.21. Stock is down 22% over the past year. The company is forecast to post earnings per share of RM0.09 for next year compared to RM0.068 last year.
Major Estimate Revision • Jun 02Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from RM3.64b to RM3.00b. EPS estimate fell from RM0.07 to RM0.05 per share. Net income forecast to grow 110% next year vs 15% growth forecast for Basic Materials industry in Malaysia. Consensus price target down from RM3.14 to RM2.91. Share price fell 10% to RM2.34 over the past week.
Reported Earnings • May 28Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: RM0.014 (up from RM0.011 in 3Q 2021). Revenue: RM794.9m (up 188% from 3Q 2021). Net income: RM18.2m (up 85% from 3Q 2021). Profit margin: 2.3% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 218%. Over the next year, revenue is forecast to grow 58%, compared to a 12% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
分析記事 • May 11Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...