Dayang Enterprise Holdings Bhd Future Growth

Future criteria checks 2/6

Dayang Enterprise Holdings Bhd is forecast to grow earnings and revenue by 6.4% and 11.2% per annum respectively. EPS is expected to grow by 10.4% per annum. Return on equity is forecast to be 11.3% in 3 years.

Key information

6.4%

Earnings growth rate

10.4%

EPS growth rate

Energy Services earnings growth	13.7%
Revenue growth rate	11.2%
Future return on equity	11.3%
Analyst coverage	Low
Last updated	23 Feb 2024

Recent future growth updates

Recent updates

Are Investors Undervaluing Dayang Enterprise Holdings Bhd (KLSE:DAYANG) By 22%?

Jan 31

Market Participants Recognise Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Revenues Pushing Shares 28% Higher

Jan 31

Returns On Capital At Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Paint A Concerning Picture

Aug 26

These 4 Measures Indicate That Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Is Using Debt Reasonably Well

Feb 04

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Seems To Use Debt Quite Sensibly

May 25

Did You Miss Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) 81% Share Price Gain?

Mar 04

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Pretty Healthy Balance Sheet

Feb 15

Here’s What’s Happening With Returns At Dayang Enterprise Holdings Bhd (KLSE:DAYANG)

Feb 02

Are Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 18

What Type Of Shareholders Make Up Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Share Registry?

Jan 03

Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 19

Calculating The Fair Value Of Dayang Enterprise Holdings Bhd (KLSE:DAYANG)

Dec 06

The Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Share Price Has Gained 61% And Shareholders Are Hoping For More

Nov 23

Earnings and Revenue Growth Forecasts

KLSE:DAYANG - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,487	248	N/A	349	2
12/31/2025	1,572	275	471	389	5
12/31/2024	1,443	242	399	369	5
12/31/2023	1,113	219	310	345	N/A
9/30/2023	984	138	240	256	N/A
6/30/2023	979	114	222	241	N/A
3/31/2023	936	91	165	190	N/A
12/31/2022	984	121	148	176	N/A
9/30/2022	962	-177	132	169	N/A
6/30/2022	848	-211	105	152	N/A
3/31/2022	744	-275	134	176	N/A
12/31/2021	668	-317	112	152	N/A
9/30/2021	626	-18	77	118	N/A
6/30/2021	632	-1	113	149	N/A
3/31/2021	643	20	73	126	N/A
12/31/2020	731	56	291	344	N/A
9/30/2020	858	117	319	370	N/A
6/30/2020	986	188	450	501	N/A
3/31/2020	1,062	244	427	465	N/A
12/31/2019	1,046	231	282	317	N/A
9/30/2019	1,048	252	395	428	N/A
6/30/2019	972	193	236	264	N/A
3/31/2019	946	177	375	405	N/A
12/31/2018	939	160	283	310	N/A
9/30/2018	825	11	162	191	N/A
6/30/2018	756	-36	207	229	N/A
3/31/2018	726	-124	96	112	N/A
12/31/2017	695	-145	207	221	N/A
9/30/2017	721	-43	N/A	334	N/A
6/30/2017	712	-8	N/A	250	N/A
3/31/2017	714	38	N/A	330	N/A
12/31/2016	708	55	N/A	329	N/A
9/30/2016	731	24	N/A	308	N/A
6/30/2016	720	74	N/A	374	N/A
3/31/2016	700	111	N/A	369	N/A
12/31/2015	779	172	N/A	291	N/A
9/30/2015	798	189	N/A	231	N/A
6/30/2015	842	161	N/A	193	N/A
3/31/2015	890	181	N/A	205	N/A
12/31/2014	877	181	N/A	176	N/A
9/30/2014	817	171	N/A	128	N/A
6/30/2014	752	145	N/A	118	N/A
3/31/2014	642	126	N/A	94	N/A
12/31/2013	553	149	N/A	127	N/A
9/30/2013	455	138	N/A	91	N/A
6/30/2013	411	148	N/A	99	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAYANG's forecast earnings growth (6.4% per year) is above the savings rate (3.5%).

Earnings vs Market: DAYANG's earnings (6.4% per year) are forecast to grow slower than the MY market (11.8% per year).

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

Revenue vs Market: DAYANG's revenue (11.2% per year) is forecast to grow faster than the MY market (5.9% per year).

High Growth Revenue: DAYANG's revenue (11.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DAYANG's Return on Equity is forecast to be low in 3 years time (11.3%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Dayang Enterprise Holdings Bhd Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 16% to RM2.58

Price target decreased by 7.5% to RM1.67

Price target increased to RM1.36

Price target increased to RM1.36

Price target increased to RM1.21

Price target increased to RM1.11

Recent updates

Upcoming dividend of RM0.03 per share

Dayang Enterprise Holdings Bhd Declares Single Tier Final Dividend for the Financial Year Ending 31 December 2023, Payable on 22 March 2024

Dayang Enterprise Holdings Bhd Declares Single Tier Final Dividend for the Financial Year Ending 31 December 2023, Payable on 22 March 2024

Price target increased by 16% to RM2.58

Are Investors Undervaluing Dayang Enterprise Holdings Bhd (KLSE:DAYANG) By 22%?

Market Participants Recognise Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Revenues Pushing Shares 28% Higher

New minor risk - Dividend sustainability

Upcoming dividend of RM0.015 per share at 1.9% yield

Dayang Enterprise Holdings Bhd Announces Single Tier Interim Dividend for the Financial Year End 31 December 2023, Payable on 20 December 2023

Third quarter 2023 earnings released: EPS: RM0.066 (vs RM0.046 in 3Q 2022)

Now 21% undervalued

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Rock Solid Balance Sheet

Second quarter 2023 earnings released: EPS: RM0.056 (vs RM0.036 in 2Q 2022)

Now 21% undervalued

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Could Easily Take On More Debt

Price target decreased by 7.5% to RM1.67

First quarter 2023 earnings released: RM0.014 loss per share (vs RM0.012 profit in 1Q 2022)

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.015 per share at 2.2% yield

Full year 2022 earnings released: EPS: RM0.11 (vs RM0.28 loss in FY 2021)

Dayang Enterprise Holdings Bhd Announces Second Tier Interim Dividend for the Financial Year Ended 31 December 2022, Payable on 17 March 2023

Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?

Dayang Enterprise Holdings Bhd Announces Appointment of Chee Su Ling as Company Secretary, Data of Change Is December 31, 2022

Upcoming dividend of RM0.015 per share

Third quarter 2022 earnings released: EPS: RM0.046 (vs RM0.016 in 3Q 2021)

Dayang Enterprise Holdings Bhd Announces Single Tier Interim Dividend of the Financial Year Ending 31 December 2022, Payable 14 December 2022

Price target increased to RM1.36

Price target increased to RM1.36

Returns On Capital At Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Paint A Concerning Picture

Dayang Enterprise Holdings Bhd Appoints Encik Shaharum Bin Ramli as Non Independent and Non Executive Alternate Director

Second quarter 2022 earnings released: EPS: RM0.036 (vs RM0.019 loss in 2Q 2021)

Dayang Enterprise Holdings Bhd Announces Resignation of Chen King Yu as Non Independent and Non Executive Member of Risk Committee

Price target increased to RM1.21

Price target increased to RM1.11

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Dayang Enterprise Holdings Bhd, Annual General Meeting, May 19, 2022

Dayang Enterprise Holdings Bhd Appoints Chen King Yu as Non-Independent and Non-Executive Member of Nomination and Remuneration Committee

Full year 2021 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS and revenues miss analyst expectations

These 4 Measures Indicate That Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Is Using Debt Reasonably Well

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of RM0.015 per share

Price target decreased to RM1.39

Second quarter 2021 earnings released: RM0.019 loss per share (vs RM0.001 loss in 2Q 2020)

Director Hasmawati Binti Sapawi has joined 5th company board

Consensus EPS estimates fall to RM0.082

First quarter 2021 earnings released: RM0.026 loss per share (vs RM0.009 profit in 1Q 2020)

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Seems To Use Debt Quite Sensibly

Did You Miss Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) 81% Share Price Gain?

Full year 2020 earnings released: EPS RM0.054 (vs RM0.24 in FY 2019)

Revenue and earnings miss expectations

Price target raised to RM1.36

New 90-day high: RM1.44

Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Pretty Healthy Balance Sheet

Investor sentiment improved over the past week

Here’s What’s Happening With Returns At Dayang Enterprise Holdings Bhd (KLSE:DAYANG)

Are Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Statutory Earnings A Good Guide To Its Underlying Profitability?

What Type Of Shareholders Make Up Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Share Registry?

Dayang Enterprise Holdings Bhd Announces Cessation of Miss. Wong Ping Eng as Non Independent and Non Executive Member of Nomination Committee

Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Calculating The Fair Value Of Dayang Enterprise Holdings Bhd (KLSE:DAYANG)

New 90-day high: RM1.24

Market bids up stock over the past week

Analysts increase EPS estimates to RM0.093

Third quarter 2020 earnings released: EPS RM0.034

The Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Share Price Has Gained 61% And Shareholders Are Hoping For More

Market bids up stock over the past week

New 90-day low: RM0.87

Dayang Enterprise Holdings Bhd Announces Resignation of Bailey Kho Chung Siang as Principal Officer