TSH Resources Berhad Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next

TSH Resources Berhad (KLSE:TSH) came out with its annual results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at RM1.0b, statutory earnings beat expectations by a notable 31%, coming in at RM0.10 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for TSH Resources Berhad

Taking into account the latest results, the current consensus from TSH Resources Berhad's nine analysts is for revenues of RM1.08b in 2025. This would reflect a modest 5.8% increase on its revenue over the past 12 months. Statutory earnings per share are expected to reduce 7.5% to RM0.096 in the same period. Before this earnings report, the analysts had been forecasting revenues of RM1.09b and earnings per share (EPS) of RM0.085 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the solid gain to earnings per share expectations following these results.

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 7.3% to RM1.31. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic TSH Resources Berhad analyst has a price target of RM1.72 per share, while the most pessimistic values it at RM1.20. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await TSH Resources Berhad shareholders.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of TSH Resources Berhad'shistorical trends, as the 5.8% annualised revenue growth to the end of 2025 is roughly in line with the 5.1% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 3.7% per year. So although TSH Resources Berhad is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards TSH Resources Berhad following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple TSH Resources Berhad analysts - going out to 2027, and you can see them free on our platform here.

You still need to take note of risks, for example - TSH Resources Berhad has 1 warning sign we think you should be aware of.

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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.