Malaysia Marine and Heavy Engineering Holdings Berhad Future Growth

Future criteria checks 3/6

Malaysia Marine and Heavy Engineering Holdings Berhad's revenue is forecast to decline at 4.8% per annum while its annual earnings are expected to grow at 100.6% per year. EPS is expected to grow by 107.4% per annum. Return on equity is forecast to be 3.1% in 3 years.

Key information

100.6%

Earnings growth rate

107.4%

EPS growth rate

Energy Services earnings growth	13.8%
Revenue growth rate	-4.8%
Future return on equity	3.1%
Analyst coverage	Low
Last updated	19 Mar 2024

Recent future growth updates

Recent updates

Here's Why Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Can Manage Its Debt Responsibly

Aug 16

Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Shareholders Will Want The ROCE Trajectory To Continue

May 12

Malaysia Marine and Heavy Engineering Holdings Berhad's (KLSE:MHB) Earnings Are Weaker Than They Seem

Mar 21

An Intrinsic Calculation For Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Suggests It's 28% Undervalued

Mar 17

Is Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Using Debt Sensibly?

Jun 05

Loss-Making Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Set To Breakeven

Apr 12

Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Shares Could Be 33% Above Their Intrinsic Value Estimate

Mar 08

Need To Know: Analysts Are Much More Bullish On Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB)

Feb 10

Malaysia Marine and Heavy Engineering Holdings Berhad's (KLSE:MHB) Shareholders Are Down 55% On Their Shares

Jan 06

A Look At The Fair Value Of Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB)

Dec 02

Earnings and Revenue Growth Forecasts

KLSE:MHB - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,744	44	N/A	288	4
12/31/2025	3,203	60	N/A	241	5
12/31/2024	3,057	48	N/A	79	5
12/31/2023	3,309	-484	-245	-163	N/A
9/30/2023	2,615	-463	-549	-473	N/A
6/30/2023	2,386	-342	-493	-415	N/A
3/31/2023	1,730	69	-195	-142	N/A
12/31/2022	1,652	68	95	136	N/A
9/30/2022	1,660	-67	230	257	N/A
6/30/2022	1,640	-107	276	268	N/A
3/31/2022	1,542	-163	100	140	N/A
12/31/2021	1,467	-270	-59	-10	N/A
9/30/2021	1,731	-171	-139	18	N/A
6/30/2021	1,711	-145	-119	92	N/A
3/31/2021	1,564	-507	-46	133	N/A
12/31/2020	1,567	-397	-94	136	N/A
9/30/2020	1,147	-379	-114	10	N/A
6/30/2020	1,032	-386	-24	147	N/A
3/31/2020	1,153	1	15	189	N/A
12/31/2019	1,010	-34	-69	123	N/A
9/30/2019	1,007	-69	-88	135	N/A
6/30/2019	1,043	-87	-133	53	N/A
3/31/2019	989	-127	-114	85	N/A
12/31/2018	974	-123	-89	63	N/A
9/30/2018	949	-49	11	146	N/A
6/30/2018	875	-10	-67	34	N/A
3/31/2018	909	26	-95	-14	N/A
12/31/2017	956	34	10	70	N/A
9/30/2017	1,012	-134	N/A	47	N/A
6/30/2017	1,130	-154	N/A	-31	N/A
3/31/2017	1,170	-143	N/A	-168	N/A
12/31/2016	1,191	-134	N/A	-107	N/A
9/30/2016	1,609	-42	N/A	-25	N/A
6/30/2016	1,712	-20	N/A	177	N/A
3/31/2016	1,996	0	N/A	415	N/A
12/31/2015	2,459	44	N/A	675	N/A
9/30/2015	2,246	87	N/A	501	N/A
6/30/2015	2,350	110	N/A	493	N/A
3/31/2015	2,749	131	N/A	506	N/A
12/31/2014	2,701	130	N/A	245	N/A
9/30/2014	2,918	215	N/A	366	N/A
6/30/2014	2,828	213	N/A	129	N/A
3/31/2014	2,634	221	N/A	-10	N/A
12/31/2013	2,885	236	N/A	-294	N/A
9/30/2013	3,015	235	N/A	-494	N/A
6/30/2013	3,407	207	N/A	-278	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MHB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: MHB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MHB is expected to become profitable in the next 3 years.

Revenue vs Market: MHB's revenue is expected to decline over the next 3 years (-4.8% per year).

High Growth Revenue: MHB's revenue is forecast to decline over the next 3 years (-4.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MHB's Return on Equity is forecast to be low in 3 years time (3.1%).

Malaysia Marine and Heavy Engineering Holdings Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 14% to RM0.69

Consensus EPS estimates increase by 10%

Price target increased to RM0.68

Price target increased to RM0.60

Price target increased to RM0.54

Price target decreased to RM0.51

Recent updates

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Appointment of Encik Azhar Noordin as Independent and Non Executive Member of Risk Committee

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Retirement of Gladys Leong as Independent and Non Executive Independent Director

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Retirement of Gladys Leong as Independent and Non Executive Chairman of Audit Committee

High number of new directors

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Malaysia Marine and Heavy Engineering Holdings Berhad, Annual General Meeting, Apr 18, 2024

Full year 2023 earnings released: RM0.30 loss per share (vs RM0.042 profit in FY 2022)

New major risk - Financial position

Third quarter 2023 earnings released: RM0.066 loss per share (vs RM0.01 profit in 3Q 2022)

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Encik Mohd Nazir Bin Mohd Nor, as CEO Designate Effective December 1, 2023

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Encik Mohd Nazir Bin Mohd Nor, as CEO Designate Effective December 1, 2023

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Encik Mohammad Suhaimi Bin Mohd Yasin as Independent and Non Executive Chairman

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Retirement of Datuk Nasarudin Bin Md Idris as Independent and Non-Executive Director, Effective 01 September 2023

Price target decreased by 14% to RM0.69

New minor risk - Financial position

Second quarter 2023 earnings released: RM0.24 loss per share (vs RM0.014 profit in 2Q 2022)

Here's Why Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Can Manage Its Debt Responsibly

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Encik Mohammad Romzi Bin Shafi'e, Age 48, as Chief Financial Officer, Date of Change 01 Aug. 2023

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.002 in 1Q 2022)

Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Shareholders Will Want The ROCE Trajectory To Continue

Malaysia Marine and Heavy Engineering Holdings Berhad's (KLSE:MHB) Earnings Are Weaker Than They Seem

An Intrinsic Calculation For Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Suggests It's 28% Undervalued

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 23% undervalued

Consensus EPS estimates increase by 10%

Malaysia Marine and Heavy Engineering Holdings Berhad Declares Interim Dividend for the Financial Year End Dec. 31, 2022, Payable on 24 Mar. 2023

Upcoming dividend of RM0.015 per share at 2.0% yield

Full year 2022 earnings released: EPS: RM0.042 (vs RM0.17 loss in FY 2021)

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Single-Tier Tax Exempt Interim Dividend for the Year Ending December 31, 2023, Payable on March 24, 2023

High number of new directors

Now 22% undervalued

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Captain Rajalingam A/L Subramaniam, Non Independent and Non Executive Director, Effective 1 Jan 2023

Price target increased to RM0.68

Third quarter 2022 earnings released: EPS: RM0.01 (vs RM0.015 loss in 3Q 2021)

Price target increased to RM0.60

Second quarter 2022 earnings released: EPS: RM1.40 (vs RM0.021 loss in 2Q 2021)

High number of new directors

Price target increased to RM0.54

First quarter 2022 earnings: Revenues exceed analyst expectations

High number of new directors

Malaysia Marine and Heavy Engineering Holdings Berhad Announces Re-Designation of Gladys Leong as Chairman of Audit Committee

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM0.51

High number of new directors

High number of new directors

Third quarter 2021 earnings released: RM0.015 loss per share (vs RM0.002 profit in 3Q 2020)

Third quarter 2021 earnings released: RM0.015 loss per share (vs RM0.002 profit in 3Q 2020)

Consensus forecasts updated

Second quarter 2021 earnings released: RM0.021 loss per share (vs RM0.25 loss in 2Q 2020)

Is Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Using Debt Sensibly?

First quarter 2021 earnings released: RM0.065 loss per share (vs RM0.004 profit in 1Q 2020)

Price target increased to RM0.60

Loss-Making Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Set To Breakeven

Price target increased to RM0.52

Full year 2020 earnings released: RM0.25 loss per share (vs RM0.021 loss in FY 2019)

Revenue and earnings beat expectations

Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB) Shares Could Be 33% Above Their Intrinsic Value Estimate

New 90-day high: RM0.48

Full year 2020 earnings released: RM0.25 loss per share (vs RM0.021 loss in FY 2019)

Revenue and earnings beat expectations

Price target raised to RM0.44

Need To Know: Analysts Are Much More Bullish On Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB)

Malaysia Marine and Heavy Engineering Holdings Berhad's (KLSE:MHB) Shareholders Are Down 55% On Their Shares

A Look At The Fair Value Of Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE:MHB)

New 90-day high: RM0.38

Third quarter earnings released

Malaysia Marine and Heavy Engineering Holdings Berhad Appoints Wan Yusoff Bin Wan Hamat as Independent and Non-Executive Chairman of Remuneration Committee

New 90-day low: RM0.32