Stock Analysis

Etablissements Maurel & Prom S.A. (EPA:MAU) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

ENXTPA:MAU
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Last week, you might have seen that Etablissements Maurel & Prom S.A. (EPA:MAU) released its full-year result to the market. The early response was not positive, with shares down 8.8% to €5.36 in the past week. It was an okay report, and revenues came in at US$808m, approximately in line with analyst estimates leading up to the results announcement. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for Etablissements Maurel & Prom

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ENXTPA:MAU Earnings and Revenue Growth March 9th 2025

Taking into account the latest results, the current consensus, from the three analysts covering Etablissements Maurel & Prom, is for revenues of US$728.9m in 2025. This implies an uneasy 9.8% reduction in Etablissements Maurel & Prom's revenue over the past 12 months. Before this earnings report, the analysts had been forecasting revenues of US$682.1m and earnings per share (EPS) of US$0.96 in 2025. What's really interesting is that while the consensus made a small lift in revenue estimates, it no longer provides an earnings per share estimate. This suggests that revenues are now the focus of the business after this latest result.

We'd also point out that thatthe analysts have made no major changes to their price target of €6.93. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Etablissements Maurel & Prom analyst has a price target of €8.00 per share, while the most pessimistic values it at €5.20. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 9.8% annualised decline to the end of 2025. That is a notable change from historical growth of 16% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 2.5% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Etablissements Maurel & Prom is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that the analysts upgraded their revenue estimates for next year. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at €6.93, with the latest estimates not enough to have an impact on their price targets.

At least one of Etablissements Maurel & Prom's three analysts has provided estimates out to 2027, which can be seen for free on our platform here.

You still need to take note of risks, for example - Etablissements Maurel & Prom has 2 warning signs (and 1 which is potentially serious) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Etablissements Maurel & Prom might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.

About ENXTPA:MAU

Etablissements Maurel & Prom

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, Colombia, and France.

Flawless balance sheet and undervalued.