MGB Berhad Future Growth

Future criteria checks 3/6

MGB Berhad is forecast to grow earnings and revenue by 13.6% and 15.1% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

13.6%

Earnings growth rate

13.7%

EPS growth rate

Construction earnings growth	19.6%
Revenue growth rate	15.1%
Future return on equity	10.6%
Analyst coverage	Low
Last updated	20 Aug 2024

Recent future growth updates

Recent updates

It Looks Like MGB Berhad's (KLSE:MGB) CEO May Expect Their Salary To Be Put Under The Microscope

Jun 09

Capital Allocation Trends At MGB Berhad (KLSE:MGB) Aren't Ideal

Apr 05

Did Business Growth Power MGB Berhad's (KLSE:MGB) Share Price Gain of 119%?

Mar 15

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

Feb 14

Do Its Financials Have Any Role To Play In Driving MGB Berhad's (KLSE:MGB) Stock Up Recently?

Jan 24

The Returns At MGB Berhad (KLSE:MGB) Provide Us With Signs Of What's To Come

Jan 02

A Look At MGB Berhad's (KLSE:MGB) Share Price Returns

Dec 07

Earnings and Revenue Growth Forecasts

KLSE:MGB - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,627	76	N/A	97	2
12/31/2025	1,530	69	N/A	83	2
12/31/2024	1,370	59	N/A	99	2
6/30/2024	1,047	54	29	64	N/A
3/31/2024	1,012	50	7	25	N/A
12/31/2023	972	48	45	55	N/A
9/30/2023	812	40	5	14	N/A
6/30/2023	711	31	40	45	N/A
3/31/2023	612	20	14	18	N/A
12/31/2022	613	15	-6	-4	N/A
9/30/2022	656	22	56	57	N/A
6/30/2022	612	20	-1	-1	N/A
3/31/2022	605	24	37	38	N/A
12/31/2021	594	27	72	75	N/A
9/30/2021	587	22	83	90	N/A
6/30/2021	641	26	106	112	N/A
3/31/2021	579	22	17	24	N/A
12/31/2020	563	14	29	36	N/A
9/30/2020	568	12	-9	-7	N/A
6/30/2020	571	9	-11	0	N/A
3/31/2020	705	13	139	147	N/A
12/31/2019	756	13	93	101	N/A
9/30/2019	747	14	69	84	N/A
6/30/2019	784	19	41	67	N/A
3/31/2019	786	25	-78	-47	N/A
12/31/2018	751	32	-94	-63	N/A
9/30/2018	761	34	-114	-87	N/A
6/30/2018	742	36	-124	-111	N/A
3/31/2018	712	36	N/A	-86	N/A
12/31/2017	693	34	N/A	-80	N/A
9/30/2017	566	25	N/A	-54	N/A
6/30/2017	391	17	N/A	N/A	N/A
3/31/2017	232	7	N/A	-33	N/A
12/31/2016	93	0	N/A	-13	N/A
12/31/2015	267	10	N/A	16	N/A
12/31/2014	314	10	N/A	15	N/A
12/31/2013	253	14	N/A	12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGB's forecast earnings growth (13.6% per year) is above the savings rate (3.6%).

Earnings vs Market: MGB's earnings (13.6% per year) are forecast to grow faster than the MY market (11.8% per year).

High Growth Earnings: MGB's earnings are forecast to grow, but not significantly.

Revenue vs Market: MGB's revenue (15.1% per year) is forecast to grow faster than the MY market (6.2% per year).

High Growth Revenue: MGB's revenue (15.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGB's Return on Equity is forecast to be low in 3 years time (10.6%).

MGB Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 10% to RM1.15

Consensus EPS estimates increase by 13%

Price target increased by 20% to RM0.76

Consensus EPS estimates fall by 25%

Consensus revenue estimates fall by 14%

Price target decreased to RM0.78

Recent updates

Second quarter 2024 earnings released: EPS: RM0.026 (vs RM0.02 in 2Q 2023)

MGB Berhad's (KLSE:MGB) Business And Shares Still Trailing The Market

Mgb Berhad Declare A Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2023

MGB Berhad (KLSE:MGB) Has A Pretty Healthy Balance Sheet

First quarter 2024 earnings released: EPS: RM0.024 (vs RM0.02 in 1Q 2023)

Final dividend increased to RM0.0082

MGB Berhad, Annual General Meeting, Jun 13, 2024

Price target increased by 10% to RM1.15

Now 21% overvalued after recent price rise

Now 21% overvalued after recent price rise

MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

MGB Berhad Declares First Interim Dividend for the Financial Year Ended 31 December 2023, Payable on March 29, 2024

Final dividend of RM0.0081 announced

MGB Berhad Declares First Interim Dividend for the Financial Year Ended 31 December 2023, Payable on March 29, 2024

Full year 2023 earnings released: EPS: RM0.083 (vs RM0.026 in FY 2022)

MGB Berhad (KLSE:MGB) Soars 26% But It's A Story Of Risk Vs Reward

MGB Berhad (KLSE:MGB) Has A Rock Solid Balance Sheet

Mgb Berhad Announces Board Changes

MGB Berhad Appoints Puan Nor Salinun Binti Mohd Ghazali as Independent and Non Executive Member of Nomination and Remuneration Committee

MGB Berhad Announces Appointment of Puan Noor Fansyurina Binti Muhammad as Independent and Non Executive Director

Third quarter 2023 earnings released: EPS: RM0.021 (vs RM0.006 in 3Q 2022)

Consensus EPS estimates increase by 13%

Second quarter 2023 earnings released: EPS: RM0.02 (vs RM0.001 in 2Q 2022)

MGB Berhad Approves Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2022

First quarter 2023 earnings released: EPS: RM0.02 (vs RM0.012 in 1Q 2022)

Price target increased by 20% to RM0.76

MGB Berhad (KLSE:MGB) Has Some Difficulty Using Its Capital Effectively

MGB Berhad Announces First Interim Single Tier Dividend for the Financial Year Ended 31 December 2022, Payable on 30 March 2023

Full year 2022 earnings released: EPS: RM0.025 (vs RM0.052 in FY 2021)

Insufficient new directors

Returns At MGB Berhad (KLSE:MGB) Are On The Way Up

Things Look Grim For MGB Berhad (KLSE:MGB) After Today's Downgrade

Second quarter 2022 earnings released: EPS: RM0.001 (vs RM0.009 in 2Q 2021)

Consensus EPS estimates fall by 25%

Consensus revenue estimates fall by 14%

MGB Berhad (KLSE:MGB) Analysts Are More Bearish Than They Used To Be

Price target decreased to RM0.78

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

MGB Berhad, Annual General Meeting, Jun 02, 2022

MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

Insufficient new directors

MGB Berhad Announces Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2021

Insufficient new directors

Insufficient new directors

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

MGB Berhad Announces First Interim Single Tier Dividend in Respect of the Financial Year Ended 31 December 2021, Payable on March 30, 2022

MGB Berhad Announces Appointment of Khoo Wei Lee as Company Secretary

Insufficient new directors

Third quarter 2021 earnings released: EPS RM0.004 (vs RM0.011 in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.009 (vs RM0.001 in 2Q 2020)

Company Secretary and Head of Department of Secretarial, Corporate Affairs & Risk Management Chiou Yeo has left the company

It Looks Like MGB Berhad's (KLSE:MGB) CEO May Expect Their Salary To Be Put Under The Microscope

First quarter 2021 earnings released: EPS RM0.02 (vs RM0.005 in 1Q 2020)

Capital Allocation Trends At MGB Berhad (KLSE:MGB) Aren't Ideal

New 90-day high: RM1.02

Did Business Growth Power MGB Berhad's (KLSE:MGB) Share Price Gain of 119%?

Full year 2020 earnings released: EPS RM0.028 (vs RM0.027 in FY 2019)

Revenue misses expectations

MGB Berhad's Wholly-Owned Subsidiary MGB Construction & Engineering Sdn. Bhd. Accepts Letter of Award for the Projects

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

New 90-day high: RM0.94

Must Ehsan Development Sdn Bhd, Pnsb Construction Sdn Bhd and Mgb Berhad Announces Development Rights Agreement

Do Its Financials Have Any Role To Play In Driving MGB Berhad's (KLSE:MGB) Stock Up Recently?

New 90-day high: RM0.77

The Returns At MGB Berhad (KLSE:MGB) Provide Us With Signs Of What's To Come

New 90-day low: RM0.57

A Look At MGB Berhad's (KLSE:MGB) Share Price Returns

Third quarter 2020 earnings released: EPS RM0.011

New 90-day low: RM0.65