Cahya Mata Sarawak Berhad Future Growth

Future criteria checks 2/6

Cahya Mata Sarawak Berhad is forecast to grow earnings and revenue by 16% and 0.7% per annum respectively. EPS is expected to grow by 14.3% per annum. Return on equity is forecast to be 4.9% in 3 years.

Key information

16.0%

Earnings growth rate

14.3%

EPS growth rate

Basic Materials earnings growth	15.0%
Revenue growth rate	0.7%
Future return on equity	4.9%
Analyst coverage	Low
Last updated	27 Feb 2024

Recent future growth updates

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Cahya Mata Sarawak Berhad (KLSE:CMSB)

May 01

Cahya Mata Sarawak Berhad (KLSE:CMSB) Might Be Having Difficulty Using Its Capital Effectively

Oct 08

Why Cahya Mata Sarawak Berhad (KLSE:CMSB) Could Be Worth Watching

Sep 05

Revenue Downgrade: Here's What Analysts Forecast For Cahya Mata Sarawak Berhad (KLSE:CMSB)

Jul 08

A Look At The Intrinsic Value Of Cahya Mata Sarawak Berhad (KLSE:CMSB)

Jun 25

Is Cahya Mata Sarawak Berhad (KLSE:CMSB) A Risky Investment?

May 20

Should Cahya Mata Sarawak Berhad (KLSE:CMSB) Be Part Of Your Income Portfolio?

Apr 29

Need To Know: The Consensus Just Cut Its Cahya Mata Sarawak Berhad (KLSE:CMSB) Estimates For 2021

Mar 05

Cahya Mata Sarawak Berhad (KLSE:CMSB) Has A Somewhat Strained Balance Sheet

Feb 18

Could The Cahya Mata Sarawak Berhad (KLSE:CMSB) Ownership Structure Tell Us Something Useful?

Feb 06

Is Cahya Mata Sarawak Berhad (KLSE:CMSB) Potentially Undervalued?

Jan 24

What Do The Returns On Capital At Cahya Mata Sarawak Berhad (KLSE:CMSB) Tell Us?

Jan 11

Should Cahya Mata Sarawak Berhad (KLSE:CMSB) Be Part Of Your Income Portfolio?

Dec 29

A Look At Cahya Mata Sarawak Berhad's (KLSE:CMSB) Share Price Returns

Dec 17

Does This Valuation Of Cahya Mata Sarawak Berhad (KLSE:CMSB) Imply Investors Are Overpaying?

Dec 04

We Wouldn't Rely On Cahya Mata Sarawak Berhad's (KLSE:CMSB) Statutory Earnings As A Guide

Nov 22

Earnings and Revenue Growth Forecasts

KLSE:CMSB - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,223	176	25	172	2
12/31/2025	1,199	183	8	150	4
12/31/2024	1,152	147	-21	167	4
12/31/2023	1,201	114	-102	-57	N/A
9/30/2023	1,176	100	-338	-421	N/A
6/30/2023	1,153	244	-253	-255	N/A
3/31/2023	1,072	258	-104	-47	N/A
12/31/2022	1,011	287	-50	23	N/A
9/30/2022	944	291	199	356	N/A
6/30/2022	851	191	55	200	N/A
3/31/2022	827	198	58	159	N/A
12/31/2021	815	204	132	221	N/A
9/30/2021	780	130	-45	185	N/A
6/30/2021	821	89	-20	184	N/A
3/31/2021	775	55	-50	223	N/A
12/31/2020	763	-12	-194	73	N/A
9/30/2020	389	-29	-96	217	N/A
6/30/2020	630	32	-128	247	N/A
3/31/2020	889	60	-121	257	N/A
12/31/2019	1,118	90	-131	246	N/A
9/30/2019	1,781	208	-40	192	N/A
6/30/2019	1,779	214	-62	91	N/A
3/31/2019	1,775	264	50	141	N/A
12/31/2018	1,712	262	46	127	N/A
9/30/2018	1,779	270	94	160	N/A
6/30/2018	1,671	255	200	265	N/A
3/31/2018	1,618	221	207	258	N/A
12/31/2017	1,571	208	226	282	N/A
9/30/2017	1,457	248	N/A	255	N/A
6/30/2017	1,456	244	N/A	166	N/A
3/31/2017	1,512	194	N/A	186	N/A
12/31/2016	1,551	169	N/A	220	N/A
9/30/2016	1,610	152	N/A	180	N/A
6/30/2016	1,666	159	N/A	126	N/A
3/31/2016	1,644	192	N/A	-21	N/A
12/31/2015	1,788	248	N/A	-38	N/A
9/30/2015	1,784	208	N/A	96	N/A
6/30/2015	1,785	214	N/A	219	N/A
3/31/2015	1,792	240	N/A	304	N/A
12/31/2014	1,674	221	N/A	414	N/A
9/30/2014	1,602	243	N/A	210	N/A
6/30/2014	1,525	211	N/A	205	N/A
3/31/2014	1,480	185	N/A	251	N/A
12/31/2013	1,417	175	N/A	236	N/A
9/30/2013	1,377	145	N/A	232	N/A
6/30/2013	1,330	126	N/A	205	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMSB's forecast earnings growth (16% per year) is above the savings rate (3.6%).

Earnings vs Market: CMSB's earnings (16% per year) are forecast to grow faster than the MY market (12.3% per year).

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

Revenue vs Market: CMSB's revenue (0.7% per year) is forecast to grow slower than the MY market (6% per year).

High Growth Revenue: CMSB's revenue (0.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CMSB's Return on Equity is forecast to be low in 3 years time (4.9%).

Cahya Mata Sarawak Berhad Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 15%

Price target decreased to RM1.47

Consensus EPS estimates increase to RM0.18

Consensus revenue estimates fall to RM980.8m

Price target decreased to RM1.98

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Cahya Mata Sarawak Berhad (KLSE:CMSB)

Now 21% overvalued after recent price rise

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Dividend of RM0.02 announced

Cahya Mata Sarawak Berhad, Annual General Meeting, May 23, 2024

Investor sentiment improves as stock rises 16%

Cahya Mata Sarawak Berhad Proposes First and Final Tax Exempt (Single-Tier) Dividend of the Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: RM0.11 (vs RM0.27 in FY 2022)

Cahya Mata Sarawak Berhad Appoints Mandar Shrikrishna Namjoshi as Chief Financial Officer

Third quarter 2023 earnings released: EPS: RM0.009 (vs RM0.14 in 3Q 2022)

High number of new directors

Cahya Mata Sarawak Berhad Appoints Miss Gee Siew Yoong as Independent and Non Executive Director

Consensus EPS estimates fall by 12%

Second quarter 2023 earnings released: EPS: RM0.025 (vs RM0.037 in 2Q 2022)

Cahya Mata Sarawak Berhad Announces Cessation of Mok Chek Wei as Chief Operating Officer

Cahya Mata Sarawak Berhad's (KLSE:CMSB) Dividend Will Be Increased To MYR0.03

Cahya Mata Sarawak Berhad Approves First and Final Tax Exempt (Single-Tier) Dividend for the Financial Year Ended 31 December 2022

Upcoming dividend of RM0.03 per share at 2.8% yield

Cahya Mata Sarawak Berhad (KLSE:CMSB) Is Due To Pay A Dividend Of MYR0.03

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

Full year 2022 earnings released: EPS: RM0.28 (vs RM0.19 in FY 2021)

Is Now The Time To Look At Buying Cahya Mata Sarawak Berhad (KLSE:CMSB)?

Third quarter 2022 earnings released: EPS: RM0.14 (vs RM0.05 in 3Q 2021)

Investor sentiment improved over the past week

Consensus EPS estimates increase by 15%

High number of new directors

Second quarter 2022 earnings released: EPS: RM0.037 (vs RM0.044 in 2Q 2021)

Price target decreased to RM1.47

Cahya Mata Sarawak Berhad (KLSE:CMSB) Will Pay A Dividend Of RM0.02

Cahya Mata Sarawak Berhad Announces Retirement of Ir Kamarudin Bin Zakaria as Independent and Non Executive Chairman of Risk Committee

Upcoming dividend of RM0.02 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Cahya Mata Sarawak Berhad First and Final Dividend for Financial Year Ended 31 December 2021, Payable on 27 June 2022

High number of new and inexperienced directors

Full year 2021 earnings: EPS and revenues miss analyst expectations

Cahya Mata Sarawak Berhad Proposes First and Final Tax Exempt (Single-Tier) Dividend for the Financial Year Ended 31 December 2021

Consensus EPS estimates increase to RM0.18

Group Company Secretary Swee Koo has left the company

Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Cahya Mata Sarawak Berhad (KLSE:CMSB) Might Be Having Difficulty Using Its Capital Effectively

Independent & Non-Executive Group Chairman Abdul Bin Abdul Manaf has left the company

Why Cahya Mata Sarawak Berhad (KLSE:CMSB) Could Be Worth Watching

Second quarter 2021 earnings released: EPS RM0.044 (vs RM0.013 in 2Q 2020)

Non-Independent Non-Executive Director Isaac Lugun has left the company

Revenue Downgrade: Here's What Analysts Forecast For Cahya Mata Sarawak Berhad (KLSE:CMSB)

Consensus revenue estimates fall to RM980.8m

Price target decreased to RM1.98

A Look At The Intrinsic Value Of Cahya Mata Sarawak Berhad (KLSE:CMSB)

Investor sentiment deteriorated over the past week

Independent Non-Executive Director Mui Chin has left the company

Upcoming dividend of RM0.02 per share

First quarter 2021 earnings released: EPS RM0.073 (vs RM0.016 in 1Q 2020)

Is Cahya Mata Sarawak Berhad (KLSE:CMSB) A Risky Investment?

Price target decreased to RM2.43

Full year 2020 earnings released: RM0.012 loss per share (vs RM0.084 profit in FY 2019)

Should Cahya Mata Sarawak Berhad (KLSE:CMSB) Be Part Of Your Income Portfolio?

Need To Know: The Consensus Just Cut Its Cahya Mata Sarawak Berhad (KLSE:CMSB) Estimates For 2021

Price target raised to RM2.49

Cahya Mata Sarawak Berhad Announces Redesignation of Abdul Rashid Bin Abdul Manaf from Chairman of Remuneration Committee to Member of Remuneration Committee

Senior Independent Non-Executive Director has left the company

Full year 2020 earnings released: EPS RM0.18 (vs RM0.15 in FY 2019)

Earnings beat expectations, revenue disappoints

New 90-day high: RM2.45

Cahya Mata Sarawak Berhad (KLSE:CMSB) Has A Somewhat Strained Balance Sheet

Price target raised to RM2.18

Could The Cahya Mata Sarawak Berhad (KLSE:CMSB) Ownership Structure Tell Us Something Useful?

Is Cahya Mata Sarawak Berhad (KLSE:CMSB) Potentially Undervalued?

What Do The Returns On Capital At Cahya Mata Sarawak Berhad (KLSE:CMSB) Tell Us?

Should Cahya Mata Sarawak Berhad (KLSE:CMSB) Be Part Of Your Income Portfolio?