Able Global Berhad Future Growth

Future criteria checks 1/6

Able Global Berhad is forecast to grow earnings and revenue by 4.8% and 4.1% per annum respectively. EPS is expected to grow by 4.7% per annum. Return on equity is forecast to be 11.1% in 3 years.

Key information

4.8%

Earnings growth rate

4.7%

EPS growth rate

Food earnings growth	10.2%
Revenue growth rate	4.1%
Future return on equity	11.1%
Analyst coverage	Low
Last updated	25 Mar 2024

Recent future growth updates

Recent updates

Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year

Jun 03

Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates

Mar 05

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01

Dec 03

Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 05

Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled

Jun 01

At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?

May 04

Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Mar 22

Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?

Mar 09

Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?

Feb 22

Johore Tin Berhad's (KLSE:JOHOTIN) Stock Been Rising: Are Strong Financials Guiding The Market?

Feb 07

Should You Think About Buying Johore Tin Berhad (KLSE:JOHOTIN) Now?

Jan 23

What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?

Jan 07

Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return

Dec 23

Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly

Dec 08

Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?

Nov 23

Earnings and Revenue Growth Forecasts

KLSE:ABLEGLOB - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	732	60	N/A	56	2
12/31/2025	719	56	N/A	56	3
12/31/2024	691	54	N/A	44	3
12/31/2023	649	52	80	88	N/A
9/30/2023	607	42	-87	-28	N/A
6/30/2023	569	34	-105	-48	N/A
3/31/2023	565	36	-95	-38	N/A
12/31/2022	550	33	-143	-87	N/A
9/30/2022	570	32	8	18	N/A
6/30/2022	548	33	-22	-19	N/A
3/31/2022	517	32	-61	-47	N/A
12/31/2021	500	37	-40	-21	N/A
9/30/2021	490	38	19	27	N/A
6/30/2021	513	45	61	80	N/A
3/31/2021	508	44	64	71	N/A
12/31/2020	502	39	48	50	N/A
9/30/2020	518	43	42	46	N/A
6/30/2020	520	42	28	34	N/A
3/31/2020	547	41	65	75	N/A
12/31/2019	580	47	30	44	N/A
9/30/2019	583	48	-23	10	N/A
6/30/2019	564	46	-8	20	N/A
3/31/2019	538	40	-14	12	N/A
12/31/2018	501	36	18	42	N/A
9/30/2018	460	24	49	55	N/A
6/30/2018	468	20	27	32	N/A
3/31/2018	476	23	-18	-13	N/A
12/31/2017	475	26	3	20	N/A
9/30/2017	477	36	N/A	18	N/A
6/30/2017	460	39	N/A	50	N/A
3/31/2017	452	41	N/A	100	N/A
12/31/2016	441	36	N/A	82	N/A
9/30/2016	438	28	N/A	44	N/A
6/30/2016	420	21	N/A	44	N/A
3/31/2016	418	18	N/A	26	N/A
12/31/2015	417	17	N/A	-7	N/A
9/30/2015	408	19	N/A	-3	N/A
6/30/2015	401	19	N/A	-30	N/A
3/31/2015	346	12	N/A	-61	N/A
12/31/2014	317	13	N/A	-30	N/A
9/30/2014	275	12	N/A	4	N/A
6/30/2014	248	14	N/A	17	N/A
3/31/2014	251	20	N/A	24	N/A
12/31/2013	241	21	N/A	25	N/A
9/30/2013	243	23	N/A	16	N/A
6/30/2013	244	25	N/A	18	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABLEGLOB's forecast earnings growth (4.8% per year) is above the savings rate (3.5%).

Earnings vs Market: ABLEGLOB's earnings (4.8% per year) are forecast to grow slower than the MY market (11.7% per year).

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

Revenue vs Market: ABLEGLOB's revenue (4.1% per year) is forecast to grow slower than the MY market (5.9% per year).

High Growth Revenue: ABLEGLOB's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABLEGLOB's Return on Equity is forecast to be low in 3 years time (11.1%).

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Able Global Berhad Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 11% to RM1.84

Price target decreased to RM1.90

Price target decreased to RM2.03

Price target raised to RM2.21

Recent updates

Able Global Berhad Announces Resignation of Yong May Li as Company Secretary

Upcoming dividend of RM0.02 per share

Price target increased by 11% to RM1.84

Able Global Berhad Declares Single Tier Fourth Interim Dividend in Respect of Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: RM0.17 (vs RM0.11 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.053 (vs RM0.027 in 3Q 2022)

Able Global Berhad Declares Single Tier 3Rd Interim Dividend in Respect of Financial Year Ending 31 December 2023

Able Global Berhad Announces Changes in the Composition of the Risk Management Committee

Upcoming dividend of RM0.015 per share at 2.9% yield

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015

Second quarter 2023 earnings released: EPS: RM0.034 (vs RM0.041 in 2Q 2022)

Able Global Berhad Declares Single Tier Second Interim Dividend for the Financial Year Ending 31 December 2023

Upcoming dividend of RM0.01 per share at 3.1% yield

Able Global Berhad (KLSE:ABLEGLOB) Is Due To Pay A Dividend Of MYR0.01

Able Global Berhad Announces Single Tier 1St Interim Dividend for Year Ending 31 December 2023, Payment Date Is 30 June 2023

Able Global Berhad Declares Single Tier 1st Interim Dividend for the Financial Year Ending 31 December 2023

First quarter 2023 earnings released: EPS: RM0.023 (vs RM0.013 in 1Q 2022)

Upcoming dividend of RM0.01 per share at 3.1% yield

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To MYR0.01

Full year 2022 earnings released: EPS: RM0.11 (vs RM0.12 in FY 2021)

Able Global Berhad Announces Change in the Composition of Risk Management Committee

Upcoming dividend of RM0.01 per share

Able Global Berhad Declares Single Tier 3Rd Interim Dividend in Respect of the Financial Year Ending 31 December 2022

Third quarter 2022 earnings released: EPS: RM0.027 (vs RM0.028 in 3Q 2021)

Insufficient new directors

Upcoming dividend of RM0.015 per share

Able Global Berhad Declares Single Tier 2nd Interim Dividend in Respect of Financial Year Ending 31 December 2022

Second quarter 2022 earnings released: EPS: RM0.041 (vs RM0.037 in 2Q 2021)

Able Global Berhad Announces Miss Marieta Binti Abdull Hamid as Independent and Non Executive Director

Able Global to Be Deleted from Other OTC

Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Able Global Berhad Announces Single Tier First Interim Dividend for the Year Ended December 31, 2022

Price target decreased to RM1.90

Insufficient new directors

Upcoming dividend of RM0.015 per share

Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates

Able Global Berhad Announces Single Tier Fourth Interim Dividend for the Year Ended December 31, 2021, Payable on March 30, 2022

Price target decreased to RM2.03

Full year 2021 earnings: EPS and revenues miss analyst expectations

Able Global Berhad Declares A Single Tier Fourth Interim Dividend in Respect of Financial Year Ended 31 December 2021

Upcoming dividend of RM0.01 per share

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of RM0.015 per share

Second quarter 2021 earnings released: EPS RM0.037 (vs RM0.036 in 2Q 2020)

Upcoming dividend of RM0.01 per share

Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Johore Tin Berhad Declares Single Tier First Interim Dividend for the Financial Year Ending 31 December 2021

Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled

Full year 2020 earnings released: EPS RM0.13 (vs RM0.15 in FY 2019)

At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?

Upcoming dividend of RM0.01 per share

Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Johore Tin Berhad Declares Single Tier 4Th Interim Dividend for the Financial Year Ended 31 December 2020

Full year 2020 earnings released: EPS RM0.13 (vs RM0.15 in FY 2019)

Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?

New 90-day low: RM1.77

Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?

Johore Tin Berhad's (KLSE:JOHOTIN) Stock Been Rising: Are Strong Financials Guiding The Market?

Should You Think About Buying Johore Tin Berhad (KLSE:JOHOTIN) Now?

What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?

Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return

New 90-day high: RM2.03

Price target raised to RM2.21

Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly

Upcoming Dividend of RM0.02 Per Share

Third quarter 2020 earnings released: EPS RM0.051

Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?

New 90-day high: RM1.80

New 90-day high: RM1.61