Stock Analysis
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- KLSE:MNHLDG
One Analyst's Revenue Estimates For MN Holdings Berhad (KLSE:MNHLDG) Are Surging Higher
Celebrations may be in order for MN Holdings Berhad (KLSE:MNHLDG) shareholders, with the covering analyst delivering a significant upgrade to their statutory estimates for the company. The revenue forecast for this year has experienced a facelift, with the analyst now much more optimistic on its sales pipeline. Investor sentiment seems to be improving too, with the share price up 9.6% to RM1.14 over the past 7 days. It will be interesting to see if this latest upgrade is enough to kickstart further buying interest in the stock.
Following the upgrade, the current consensus from MN Holdings Berhad's lone analyst is for revenues of RM421m in 2025 which - if met - would reflect a sizeable 38% increase on its sales over the past 12 months. Statutory earnings per share are presumed to shoot up 103% to RM0.083. Before this latest update, the analyst had been forecasting revenues of RM353m and earnings per share (EPS) of RM0.07 in 2025. There has definitely been an improvement in perception recently, with the analyst substantially increasing both their earnings and revenue estimates.
See our latest analysis for MN Holdings Berhad
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. It's pretty clear that there is an expectation that MN Holdings Berhad's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 38% growth on an annualised basis. This is compared to a historical growth rate of 58% over the past year. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 14% per year. Even after the forecast slowdown in growth, it seems obvious that MN Holdings Berhad is also expected to grow faster than the wider industry.
The Bottom Line
The biggest takeaway for us from these new estimates is that the analyst upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. Given that the analyst appears to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at MN Holdings Berhad.
The covering analyst is clearly in love with MN Holdings Berhad at the moment, but before diving in - you should be aware that we've identified some warning flags with the business, such as dilutive stock issuance over the past year. For more information, you can click through to our platform to learn more about this and the 1 other risk we've identified .
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
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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 KLSE:MNHLDG
MN Holdings Berhad
An investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia.