Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Third-Quarter Report

Shareholders might have noticed that Matas A/S (CPH:MATAS) filed its third-quarter result this time last week. The early response was not positive, with shares down 2.5% to kr.135 in the past week. Results were roughly in line with estimates, with revenues of kr.2.7b and statutory earnings per share of kr.5.26. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

See our latest analysis for Matas

Taking into account the latest results, the current consensus from Matas' three analysts is for revenues of kr.8.93b in 2026. This would reflect a solid 8.1% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 85% to kr.11.70. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr.8.91b and earnings per share (EPS) of kr.11.84 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

The analysts reconfirmed their price target of kr.180, showing that the business is executing well and in line with expectations.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Matas' revenue growth is expected to slow, with the forecast 6.4% annualised growth rate until the end of 2026 being well below the historical 16% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.4% annually. Factoring in the forecast slowdown in growth, it looks like Matas is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at kr.180, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Matas analysts - going out to 2027, and you can see them free on our platform here.

Even so, be aware that Matas is showing 3 warning signs in our investment analysis , and 1 of those shouldn't be ignored...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.