View ValuationMalayan Cement Berhad 향후 성장Future 기준 점검 1/6Malayan Cement Berhad (는) 각각 연간 7.6% 및 5.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 8.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.6% 로 예상됩니다.핵심 정보7.6%이익 성장률8.23%EPS 성장률Basic Materials 이익 성장19.3%매출 성장률5.2%향후 자기자본이익률11.61%애널리스트 커버리지Low마지막 업데이트21 May 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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, Malaysia분석 기사 • 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...분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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%).분석 기사 • 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).분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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.분석 기사 • 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%).공시 • 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.공시 • 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%.분석 기사 • 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.공시 • 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%).분석 기사 • 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.공시 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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.공시 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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.공시 • 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.분석 기사 • 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...이익 및 매출 성장 예측KLSE:MCEMENT - 애널리스트 향후 추정치 및 과거 재무 데이터 (MYR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/20285,3619611,1521,12746/30/20275,1679021,0971,10046/30/20264,9318549971,061412/31/20254,6827828571,119N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MCEMENT 의 연간 예상 수익 증가율(7.6%)이 saving rate(3.8%)보다 높습니다.수익 vs 시장: MCEMENT 의 연간 수익(7.6%)이 MY 시장(10.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: MCEMENT 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: MCEMENT 의 수익(연간 5.2%)이 MY 시장(연간 6.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: MCEMENT 의 수익(연간 5.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MCEMENT의 자본 수익률은 3년 후 11.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:06종가2026/05/21 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Malayan Cement Berhad는 17명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ken-Wern LimAffin Hwang Investment BankJake Hui YapAmInvestment Bank BerhadTjen-San ChongCGS International14명의 분석가 더 보기
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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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%).
분석 기사 • 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).
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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%).
공시 • 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.
공시 • 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%.
분석 기사 • 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.
공시 • 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%).
분석 기사 • 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.
공시 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
공시 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
분석 기사 • 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...