IJM Corporation Berhad

KLSE:IJM Stock Report

Market Cap: RM 7.5b

IJM Corporation Berhad Past Earnings Performance

Past criteria checks 2/6

IJM Berhad has been growing earnings at an average annual rate of 16.9%, while the Construction industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 8.5% per year. IJM Berhad's return on equity is 2.8%, and it has net margins of 4.5%.

Key information

16.94%

Earnings growth rate

17.72%

EPS growth rate

Construction Industry Growth2.50%
Revenue growth rate8.46%
Return on equity2.76%
Net Margin4.50%
Next Earnings Update28 May 2026

Recent past performance updates

Recent updates

New Narrative Apr 07

IJM Corp: Has the market become too pessimistic on this blue-chip builder?

IJM Corporation Berhad now looks like one of those large-cap names where the market price may be telling a much weaker story than the underlying business. After Sunway’s takeover attempt lapsed, IJM’s share price fell back toward its pre-offer range, with the stock recently around RM2.31 to RM2.36.
Analysis Article Jan 02

Unpleasant Surprises Could Be In Store For IJM Corporation Berhad's (KLSE:IJM) Shares

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider IJM...
Analysis Article Nov 30

IJM Corporation Berhad (KLSE:IJM) Has Affirmed Its Dividend Of MYR0.02

IJM Corporation Berhad ( KLSE:IJM ) has announced that it will pay a dividend of MYR0.02 per share on the 7th of...
Analysis Article Nov 27

Does IJM Corporation Berhad (KLSE:IJM) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 30

IJM Corporation Berhad (KLSE:IJM) Not Lagging Market On Growth Or Pricing

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider IJM...
Analysis Article Jun 01

IJM Corporation Berhad (KLSE:IJM) Is Paying Out A Dividend Of MYR0.06

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.06 on the 18th of July. This means the annual payment...
Analysis Article May 30

These 4 Measures Indicate That IJM Corporation Berhad (KLSE:IJM) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 08

With EPS Growth And More, IJM Corporation Berhad (KLSE:IJM) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 18

Here's Why IJM Corporation Berhad (KLSE:IJM) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 01

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM2.45 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Jan 13

IJM Corporation Berhad's (KLSE:IJM) Business Is Trailing The Market But Its Shares Aren't

With a price-to-earnings (or "P/E") ratio of 18.4x IJM Corporation Berhad ( KLSE:IJM ) may be sending bearish signals...
Analysis Article Nov 06

We Think IJM Corporation Berhad (KLSE:IJM) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 16

Calculating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights Using the 2 Stage Free Cash Flow to Equity, IJM Corporation Berhad fair value estimate is RM2.59 Current...
Analysis Article Sep 30

Should You Be Adding IJM Corporation Berhad (KLSE:IJM) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 15

Is IJM Corporation Berhad (KLSE:IJM) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 20

With EPS Growth And More, IJM Corporation Berhad (KLSE:IJM) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 05

IJM Corporation Berhad (KLSE:IJM) Has Announced A Dividend Of MYR0.06

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.06 on the 19th of July. This means the dividend yield...
Analysis Article Apr 22

Shareholders Should Be Pleased With IJM Corporation Berhad's (KLSE:IJM) Price

IJM Corporation Berhad's ( KLSE:IJM ) price-to-earnings (or "P/E") ratio of 26.4x might make it look like a strong sell...
Analysis Article Mar 28

IJM Corporation Berhad (KLSE:IJM) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 24

Is There An Opportunity With IJM Corporation Berhad's (KLSE:IJM) 43% Undervaluation?

Key Insights IJM Corporation Berhad's estimated fair value is RM3.74 based on 2 Stage Free Cash Flow to Equity IJM...
Analysis Article Dec 12

IJM Corporation Berhad (KLSE:IJM) Will Pay A Dividend Of MYR0.02

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.02 on the 29th of December. This means the annual...
Analysis Article Nov 30

Does IJM Corporation Berhad (KLSE:IJM) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 04

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM1.82 based on 2 Stage Free Cash Flow to Equity...
Analysis Article May 18

IJM Corporation Berhad (KLSE:IJM) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 02

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM1.70 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 22

Here's Why IJM Corporation Berhad (KLSE:IJM) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How IJM Corporation Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KLSE:IJM Revenue, expenses and earnings (MYR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 256,8043065760
30 Sep 256,7394045690
30 Jun 256,5814125620
31 Mar 256,2524035440
31 Dec 246,2205804960
30 Sep 246,1555674790
30 Jun 246,0975874810
31 Mar 245,9196004670
31 Dec 235,4863184570
30 Sep 235,1122924370
30 Jun 234,7262263990
31 Mar 234,5721583800
31 Dec 224,4781363390
30 Sep 224,6451603440
30 Jun 224,4481043230
31 Mar 224,4091023240
31 Dec 214,5312553510
30 Sep 214,7042653320
30 Jun 215,0483953130
31 Mar 214,6873193040
31 Dec 205,3792362980
30 Sep 205,3781773580
30 Jun 205,7351474140
31 Mar 206,6052514280
31 Dec 195,9534204420
30 Sep 196,0204644260
30 Jun 195,7554164280
31 Mar 195,6564194630
31 Dec 185,6161964700
30 Sep 185,6581964700
30 Jun 185,9482884880
31 Mar 185,9663474830
31 Dec 176,2795654940
30 Sep 176,3266105160
30 Jun 176,2146595220
31 Mar 176,0656545390
31 Dec 165,5634625430
30 Sep 165,4065805470
30 Jun 165,2595725400
31 Mar 165,1287945350
31 Dec 155,4048485650
30 Sep 155,3037295690
30 Jun 155,2576845680

Quality Earnings: IJM has high quality earnings.

Growing Profit Margin: IJM's current net profit margins (4.5%) are lower than last year (9.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IJM's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: IJM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IJM had negative earnings growth (-47.2%) over the past year, making it difficult to compare to the Construction industry average (8.1%).


Return on Equity

High ROE: IJM's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 06:40
End of Day Share Price 2026/05/19 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IJM Corporation Berhad is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jia LimAffin Hwang Investment Bank
Chee Wei LoongAffin Hwang Investment Bank
Sheng Cheong SooAmInvestment Bank Berhad