CSC Steel Holdings Berhad Future Growth

Future criteria checks 2/6

CSC Steel Holdings Berhad's revenue is forecast to decline at 0.3% per annum while its annual earnings are expected to grow at 16.2% per year. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 4.3% in 3 years.

Key information

16.2%

Earnings growth rate

16.3%

EPS growth rate

Metals and Mining earnings growth	12.3%
Revenue growth rate	-0.3%
Future return on equity	4.3%
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

Earnings Miss: CSC Steel Holdings Berhad Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Feb 26

Recent updates

CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Upcoming Dividend Will Be Larger Than Last Year's

May 29

CSC Steel Holdings Berhad (KLSE:CSCSTEL) Has Announced That It Will Be Increasing Its Dividend To MYR0.094

May 06

Earnings Miss: CSC Steel Holdings Berhad Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Feb 26

The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Aren't Growing

Jun 23

CSC Steel Holdings Berhad (KLSE:CSCSTEL) Is Increasing Its Dividend To RM0.14

Apr 29

Here's What You Should Know About CSC Steel Holdings Berhad's (KLSE:CSCSTEL) 4.9% Dividend Yield

Apr 01

Are Investors Undervaluing CSC Steel Holdings Berhad (KLSE:CSCSTEL) By 47%?

Mar 15

The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Provide Us With Signs Of What's To Come

Feb 25

Reflecting on CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Share Price Returns Over The Last Three Years

Feb 01

What Is The Ownership Structure Like For CSC Steel Holdings Berhad (KLSE:CSCSTEL)?

Jan 10

Should You Use CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Statutory Earnings To Analyse It?

Dec 20

Should CSC Steel Holdings Berhad (KLSE:CSCSTEL) Be Part Of Your Income Portfolio?

Nov 30

Earnings and Revenue Growth Forecasts

KLSE:CSCSTEL - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,498	41	N/A	N/A	1
12/31/2025	1,480	34	N/A	N/A	1
12/31/2024	1,447	24	N/A	N/A	1
9/30/2024	1,545	33	8	28	N/A
6/30/2024	1,544	35	-5	18	N/A
3/31/2024	1,551	42	38	56	N/A
12/31/2023	1,559	49	77	96	N/A
9/30/2023	1,543	39	122	138	N/A
6/30/2023	1,502	16	194	208	N/A
3/31/2023	1,649	18	77	91	N/A
12/31/2022	1,699	15	123	135	N/A
9/30/2022	1,870	54	-27	-14	N/A
6/30/2022	1,708	78	-85	-72	N/A
3/31/2022	1,513	76	-43	-31	N/A
12/31/2021	1,474	86	-124	-112	N/A
9/30/2021	1,309	69	-12	-4	N/A
6/30/2021	1,415	71	-8	0	N/A
3/31/2021	1,212	54	58	68	N/A
12/31/2020	1,080	37	80	90	N/A
9/30/2020	1,047	23	99	110	N/A
6/30/2020	1,094	20	119	128	N/A
3/31/2020	1,316	35	70	78	N/A
12/31/2019	1,363	35	65	80	N/A
9/30/2019	1,384	26	69	88	N/A
6/30/2019	1,367	18	1	23	N/A
3/31/2019	1,366	16	4	32	N/A
12/31/2018	1,382	22	61	84	N/A
9/30/2018	1,394	39	17	37	N/A
6/30/2018	1,383	50	N/A	58	N/A
3/31/2018	1,361	54	N/A	73	N/A
12/31/2017	1,323	60	N/A	-46	N/A
9/30/2017	1,243	51	N/A	-29	N/A
6/30/2017	1,175	61	N/A	-35	N/A
3/31/2017	1,124	76	N/A	-26	N/A
12/31/2016	1,035	69	N/A	109	N/A
9/30/2016	990	88	N/A	112	N/A
6/30/2016	955	74	N/A	108	N/A
3/31/2016	944	56	N/A	101	N/A
12/31/2015	1,017	52	N/A	56	N/A
9/30/2015	1,037	18	N/A	47	N/A
6/30/2015	1,068	4	N/A	61	N/A
3/31/2015	1,073	-15	N/A	72	N/A
12/31/2014	1,048	-21	N/A	-1	N/A
9/30/2014	1,070	-11	N/A	-28	N/A
6/30/2014	1,073	-5	N/A	9	N/A
3/31/2014	1,099	11	N/A	5	N/A
12/31/2013	1,142	29	N/A	68	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSCSTEL's forecast earnings growth (16.2% per year) is above the savings rate (3.6%).

Earnings vs Market: CSCSTEL's earnings (16.2% per year) are forecast to grow faster than the MY market (10.3% per year).

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

Revenue vs Market: CSCSTEL's revenue is expected to decline over the next 3 years (-0.3% per year).

High Growth Revenue: CSCSTEL's revenue is forecast to decline over the next 3 years (-0.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CSCSTEL's Return on Equity is forecast to be low in 3 years time (4.3%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 02:17
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CSC Steel Holdings Berhad is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Su Peng Ng	CFRA Equity Research
Wen Chye	Hong Leong Investment Bank Berhad
Chew-Hann Wong	Maybank Research Pte. Ltd.

CSC Steel Holdings Berhad Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 23% to RM1.73

Earnings Miss: CSC Steel Holdings Berhad Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Consensus EPS estimates increase by 14%

Price target increased by 13% to RM1.18

Consensus forecasts updated

Price target decreased to RM1.39

Recent updates

Third quarter 2024 earnings released: EPS: RM0.019 (vs RM0.023 in 3Q 2023)

New minor risk - Market cap size

Second quarter 2024 earnings released: EPS: RM0.02 (vs RM0.04 in 2Q 2023)

High number of new directors

Upcoming dividend of RM0.094 per share

First quarter 2024 earnings released: EPS: RM0.024 (vs RM0.043 in 1Q 2023)

Price target increased by 23% to RM1.73

CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Upcoming Dividend Will Be Larger Than Last Year's

CSC Steel Holdings Berhad Approve Final Single Tier Dividend for the Financial Year Ended 31 December 2023

CSC Steel Holdings Berhad (KLSE:CSCSTEL) Has Announced That It Will Be Increasing Its Dividend To MYR0.094

Now 20% overvalued after recent price rise

Dividend of RM0.094 announced

CSC Steel Holdings Berhad, Annual General Meeting, May 29, 2024

High number of new directors

Earnings Miss: CSC Steel Holdings Berhad Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Full year 2023 earnings released: EPS: RM0.13 (vs RM0.04 in FY 2022)

Csc Steel Holdings Berhad Proposes Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2023

CSC Steel Holdings Berhad Announces Appointment of Lee, Chia-Cheng as Non Independent and Non Executive Director

CSC Steel Holdings Berhad Appoints Siti Haliza Binti Md Taib as Independent and Non Executive Member of Nomination Committee, Effective 01 February 2024

CSC Steel Holdings Berhad Announces the Resignation of Liu, Min-Hsiung as Non Independent and Non Executive Director

CSC Steel Holdings Berhad Announces the Cessation of Office of Brig Gen (R ) Dato’ Mohd Zaaba @ Nik Zaaba Bin Nik Daud as Non Independent and Non Executive Member of Nomination Committee

CSC Steel Holdings Berhad Announces Resignation of CHEN, YI-CHIEN as Executive Director, Effective from January 01, 2024

Third quarter 2023 earnings released: EPS: RM0.023 (vs RM0.038 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.04 (vs RM0.046 in 2Q 2022)

Upcoming dividend of ฿0.03 per share at 2.6% yield

Consensus EPS estimates increase by 14%

Price target increased by 13% to RM1.18

First quarter 2023 earnings released: EPS: RM0.043 (vs RM0.033 in 1Q 2022)

Full year 2022 earnings released: EPS: RM0.04 (vs RM0.23 in FY 2021)

CSC Steel Holdings Berhad Proposes Final Single Tier Dividend for Financial Year Ended 31 December 2022

Consensus forecasts updated

CSC Steel Holdings Berhad Reports Write Offs for the Quarter Ended September 30, 2022

Third quarter 2022 earnings released: RM0.038 loss per share (vs RM0.027 profit in 3Q 2021)

High number of new directors

CSC Steel Holdings Berhad Announces Resignation of Brig Gen (R) Dato’ Mohd Zaaba @ Nik Zaaba Bin Nik Daud as Non Independent and Non Executive Member of Audit Committee

Second quarter 2022 earnings released: EPS: RM0.046 (vs RM0.042 in 2Q 2021)

High number of new directors

CSC Steel Holdings Berhad Announces Appointment of Siti Haliza Binti Md Taib as Independent and Non Executive Director

The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Aren't Growing

Investor sentiment deteriorated over the past week

Upcoming dividend of RM0.14 per share

Price target decreased to RM1.39

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

CSC Steel Holdings Berhad Announces Final Single Tier Dividend for the Financial Year Ended 2021, Payable on July 7, 2022

CSC Steel Holdings Berhad (KLSE:CSCSTEL) Is Increasing Its Dividend To RM0.14

CSC Steel Holdings Berhad Proposes A Final Single Tier Dividend for Financial Year Ended 31 December 2021

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

Third quarter 2021 earnings released: EPS RM0.027 (vs RM0.034 in 3Q 2020)

Joint Secretary Soo Teh has left the company

Company Secretary Bee Lian Ng has left the company

Second quarter 2021 earnings released: EPS RM0.042 (vs RM0.006 loss in 2Q 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of RM0.07 per share

Group MD & Executive Director Shou-Kang Yin has left the company

First quarter 2021 earnings released: EPS RM0.059 (vs RM0.014 in 1Q 2020)

CSC Steel Holdings Berhad Approves Final Singer Tier Dividend for the Financial Year Ended 2020, Payable on July 09, 2021

Price target increased to RM1.38

Full year 2020 earnings released: EPS RM0.10 (vs RM0.094 in FY 2019)

Here's What You Should Know About CSC Steel Holdings Berhad's (KLSE:CSCSTEL) 4.9% Dividend Yield

Are Investors Undervaluing CSC Steel Holdings Berhad (KLSE:CSCSTEL) By 47%?

New 90-day high: RM1.44

The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Provide Us With Signs Of What's To Come

Full year 2020 earnings released: EPS RM0.10 (vs RM0.094 in FY 2019)

Earnings beat expectations, revenue disappoints

Reflecting on CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Share Price Returns Over The Last Three Years

What Is The Ownership Structure Like For CSC Steel Holdings Berhad (KLSE:CSCSTEL)?

CSC Steel Holdings Berhad Announces the Appointment of Teh Soo Yee as Joint Secretary, with Effect from January 1, 2021

Should You Use CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Statutory Earnings To Analyse It?

New 90-day high: RM1.29