Hartalega Holdings Berhad Future Growth

Future criteria checks 5/6

Hartalega Holdings Berhad is forecast to grow earnings and revenue by 112.7% and 20.5% per annum respectively. EPS is expected to grow by 109.2% per annum. Return on equity is forecast to be 6.4% in 3 years.

Key information

112.7%

Earnings growth rate

109.2%

EPS growth rate

Medical Equipment earnings growth	21.3%
Revenue growth rate	20.5%
Future return on equity	6.4%
Analyst coverage	Good
Last updated	21 Feb 2024

Recent future growth updates

Recent updates

Are Hartalega Holdings Berhad (KLSE:HARTA) Investors Paying Above The Intrinsic Value?

Apr 06

There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Mar 15

Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?

Jan 27

Calculating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Dec 22

There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Dec 01

Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term

Nov 14

We Think Hartalega Holdings Berhad (KLSE:HARTA) Can Stay On Top Of Its Debt

Sep 20

Investors Should Be Encouraged By Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Aug 29

Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term

Aug 10

Estimating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Jul 16

These 4 Measures Indicate That Hartalega Holdings Berhad (KLSE:HARTA) Is Using Debt Safely

May 16

A Look At The Fair Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Apr 05

Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?

Jan 31

I Ran A Stock Scan For Earnings Growth And Hartalega Holdings Berhad (KLSE:HARTA) Passed With Ease

Jan 13

Hartalega Holdings Berhad (KLSE:HARTA) Has A Rock Solid Balance Sheet

Sep 21

Hartalega Holdings Berhad (KLSE:HARTA) Is Increasing Its Dividend To RM0.20

Aug 14

Hartalega Holdings Berhad (KLSE:HARTA) Will Pay A Larger Dividend Than Last Year At RM0.20

Jul 31

Hartalega Holdings Berhad (KLSE:HARTA) Could Easily Take On More Debt

Jun 06

I Ran A Stock Scan For Earnings Growth And Hartalega Holdings Berhad (KLSE:HARTA) Passed With Ease

May 03

Why Hartalega Holdings Berhad (KLSE:HARTA) Is A Top Dividend Stock

Mar 19

Did You Participate In Any Of Hartalega Holdings Berhad's (KLSE:HARTA) Incredible 346% Return?

Mar 04

Is Hartalega Holdings Berhad (KLSE:HARTA) Trading At A 33% Discount?

Feb 19

Hartalega Holdings Berhad (KLSE:HARTA) Seems To Use Debt Rather Sparingly

Feb 04

Earnings and Revenue Growth Forecasts

KLSE:HARTA - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	1,192	N/A	N/A	N/A	1
3/31/2026	2,981	323	293	394	16
3/31/2025	2,524	188	219	274	20
3/31/2024	1,970	49	163	205	20
12/31/2023	1,825	-322	-341	-171	N/A
9/30/2023	1,872	-377	-314	-110	N/A
6/30/2023	2,004	-376	-208	60	N/A
3/31/2023	2,410	-235	-344	-37	N/A
12/31/2022	2,861	-113	-298	60	N/A
9/30/2022	3,404	178	-298	292	N/A
6/30/2022	4,831	1,063	1,227	1,989	N/A
3/31/2022	7,888	3,234	2,869	3,716	N/A
12/31/2021	9,227	4,552	3,868	4,729	N/A
9/30/2021	10,352	5,294	4,646	5,321	N/A
6/30/2021	9,686	4,925	3,763	4,261	N/A
3/31/2021	6,703	2,886	2,727	3,088	N/A
12/31/2020	5,174	1,881	2,018	2,332	N/A
9/30/2020	3,841	1,000	1,356	1,637	N/A
6/30/2020	3,204	559	741	991	N/A
3/31/2020	2,924	434	404	656	N/A
12/31/2019	2,829	410	375	665	N/A
9/30/2019	2,756	408	338	635	N/A
6/30/2019	2,761	424	235	625	N/A
3/31/2019	2,827	455	194	627	N/A
12/31/2018	2,761	481	66	462	N/A
9/30/2018	2,641	474	59	425	N/A
6/30/2018	2,511	467	122	401	N/A
3/31/2018	2,406	439	140	404	N/A
12/31/2017	2,316	412	238	462	N/A
9/30/2017	2,169	365	N/A	403	N/A
6/30/2017	2,021	323	N/A	346	N/A
3/31/2017	1,822	283	N/A	337	N/A
12/31/2016	1,696	255	N/A	286	N/A
9/30/2016	1,637	262	N/A	295	N/A
6/30/2016	1,580	251	N/A	286	N/A
3/31/2016	1,498	257	N/A	239	N/A
12/31/2015	1,403	251	N/A	230	N/A
9/30/2015	1,291	228	N/A	225	N/A
6/30/2015	1,187	215	N/A	211	N/A
3/31/2015	1,146	210	N/A	202	N/A
12/31/2014	1,121	204	N/A	204	N/A
9/30/2014	1,103	212	N/A	210	N/A
6/30/2014	1,108	227	N/A	250	N/A
3/31/2014	1,107	233	N/A	249	N/A
12/31/2013	1,097	245	N/A	286	N/A
9/30/2013	1,088	248	N/A	298	N/A
6/30/2013	1,062	243	N/A	311	N/A

Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: HARTA's revenue (20.5% per year) is forecast to grow faster than the MY market (5.9% per year).

High Growth Revenue: HARTA's revenue (20.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HARTA's Return on Equity is forecast to be low in 3 years time (6.4%).

Hartalega Holdings Berhad Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 7.8% to RM2.32

Price target decreased by 9.1% to RM1.70

Price target decreased to RM1.73

Price target decreased to RM1.96

Price target decreased to RM2.46

Price target decreased to RM3.02

Recent updates

Hartalega Holdings Berhad's (KLSE:HARTA) Share Price Not Quite Adding Up

Hartalega Holdings Berhad (KLSE:HARTA) May Have Issues Allocating Its Capital

Now 23% overvalued

Estimating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Now 21% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: RM0.007 (vs RM0.009 loss in 3Q 2023)

Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?

Some Confidence Is Lacking In Hartalega Holdings Berhad's (KLSE:HARTA) P/S

Price target increased by 7.8% to RM2.32

Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.008 in 2Q 2023)

A Look At The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?

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

Hartalega Holdings Berhad, Annual General Meeting, Sep 05, 2023

A Look At The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Now 21% undervalued

Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?

Full year 2023 earnings released: RM0.064 loss per share (vs RM0.95 profit in FY 2022)

Are Hartalega Holdings Berhad (KLSE:HARTA) Investors Paying Above The Intrinsic Value?

There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Now 20% undervalued after recent price drop

Price target decreased by 9.1% to RM1.70

Third quarter 2023 earnings released: RM0.009 loss per share (vs RM0.076 profit in 3Q 2022)

Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?

Investor sentiment improved over the past week

Calculating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Price target decreased to RM1.73

There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Insufficient new directors

Price target decreased to RM1.96

Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term

Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.27 in 2Q 2022)

Investor sentiment improved over the past week

Price target decreased to RM2.46

We Think Hartalega Holdings Berhad (KLSE:HARTA) Can Stay On Top Of Its Debt

Upcoming dividend of RM0.035 per share

Investors Should Be Encouraged By Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital

Investor sentiment deteriorated over the past week

Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term

Hartalega Holdings Berhad Proposes Final Single Tier Dividend in Respect of the Financial Year Ended 31 March 2022, Payable on September 29, 2022

Price target decreased to RM3.02

Full year 2022 earnings: EPS misses analyst expectations

Hartalega Holdings Berhad, Annual General Meeting, Sep 01, 2022

Hartalega Holdings Berhad Ordinary Share to Be Deleted from OTC Equity

Estimating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Price target decreased to RM4.08

Hartalega Holdings Berhad Announces the Redesignation of Encik Razman Hafidz Bin Abu Zarim from Member of Risk Committee to Chairman of Risk Committee

Investor sentiment deteriorated over the past week

Upcoming dividend of RM0.035 per share

These 4 Measures Indicate That Hartalega Holdings Berhad (KLSE:HARTA) Is Using Debt Safely

Price target decreased to RM4.87

Hartalega Holdings Berhad Declares Third Interim Dividend for the Financial Year Ending March 31, 2022, Payable on June 9, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

A Look At The Fair Value Of Hartalega Holdings Berhad (KLSE:HARTA)

Upcoming dividend of RM0.15 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM5.63

Hartalega Holdings Berhad Declares Second Interim Dividend for the Financial Year Ending March 31, 2022, Payable on March 9, 2022

Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?

I Ran A Stock Scan For Earnings Growth And Hartalega Holdings Berhad (KLSE:HARTA) Passed With Ease

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Upcoming dividend of RM0.35 per share

Price target decreased to RM6.47

Second quarter 2022 earnings released: EPS RM0.27 (vs RM0.16 in 2Q 2021)

Hartalega Holdings Berhad (KLSE:HARTA) Has A Rock Solid Balance Sheet

Upcoming dividend of RM0.20 per share

Hartalega Holdings Berhad (KLSE:HARTA) Is Increasing Its Dividend To RM0.20