Malayan Cement Berhad Future Growth

Future criteria checks 1/6

Malayan Cement Berhad is forecast to grow earnings and revenue by 8.7% and 3.8% per annum respectively. EPS is expected to grow by 9.1% per annum. Return on equity is forecast to be 7.8% in 3 years.

Key information

8.7%

Earnings growth rate

9.1%

EPS growth rate

Basic Materials earnings growth	24.0%
Revenue growth rate	3.8%
Future return on equity	7.8%
Analyst coverage	Low
Last updated	27 Sep 2024

Recent future growth updates

Recent updates

Malayan Cement Berhad (KLSE:MCEMENT) Is Doing The Right Things To Multiply Its Share Price

Jul 31

Malayan Cement Berhad's (KLSE:MCEMENT) Popularity With Investors Is Under Threat From Overpricing

Jul 11

Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 47% Discount?

Jun 04

Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)

Jan 04

Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance Sheet

Sep 19

What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/E

Aug 15

Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way Up

Jul 24

Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?

Jul 05

At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?

Jun 14

Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?

Mar 30

Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)

Feb 17

Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value Estimate

Jan 19

Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?

May 11

Is Malayan Cement Berhad (KLSE:MCEMENT) Weighed On By Its Debt Load?

Jan 25

Some Investors May Be Worried About Malayan Cement Berhad's (KLSE:MCEMENT) Returns On Capital

Nov 23

Malayan Cement Berhad (KLSE:MCEMENT) Strong Profits May Be Masking Some Underlying Issues

Sep 15

Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 45% Discount?

May 18

Loss-Making Malayan Cement Berhad (KLSE:MCEMENT) Set To Breakeven

Mar 25

If You Had Bought Malayan Cement Berhad's (KLSE:MCEMENT) Shares Five Years Ago You Would Be Down 77%

Feb 01

Earnings and Revenue Growth Forecasts

KLSE:MCEMENT - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	4,997	559	760	901	3
6/30/2026	4,737	528	690	809	5
6/30/2025	4,560	494	693	781	5
6/30/2024	4,446	429	649	810	N/A
3/31/2024	4,416	398	654	834	N/A
12/31/2023	4,308	360	601	752	N/A
9/30/2023	4,046	254	386	513	N/A
6/30/2023	3,757	159	313	418	N/A
3/31/2023	3,551	114	269	377	N/A
12/31/2022	3,355	69	126	237	N/A
9/30/2022	3,280	108	184	285	N/A
6/30/2022	2,705	84	170	244	N/A
3/31/2022	2,177	59	12	69	N/A
12/31/2021	1,757	45	50	98	N/A
9/30/2021	1,286	-15	71	113	N/A
6/30/2021	1,370	7	28	80	N/A
6/30/2020	1,605	-174	-57	9	N/A
12/31/2019	1,923	-168	-106	-17	N/A
9/30/2019	2,024	-190	5	164	N/A
6/30/2019	2,053	-262	-224	-58	N/A
3/31/2019	2,114	-283	-226	-69	N/A
12/31/2018	2,122	-319	-333	-185	N/A
9/30/2018	2,150	-342	-375	-218	N/A
6/30/2018	2,234	-275	-329	-187	N/A
3/31/2018	2,234	-235	N/A	-203	N/A
12/31/2017	2,249	-215	N/A	-91	N/A
9/30/2017	2,309	-101	N/A	25	N/A
6/30/2017	2,317	-55	N/A	126	N/A
3/31/2017	2,444	7	N/A	221	N/A
12/31/2016	2,552	77	N/A	292	N/A
9/30/2016	2,634	87	N/A	360	N/A
6/30/2016	2,718	154	N/A	340	N/A
3/31/2016	2,725	199	N/A	317	N/A
12/31/2015	2,751	252	N/A	383	N/A
9/30/2015	2,717	258	N/A	309	N/A
6/30/2015	2,711	242	N/A	303	N/A
3/31/2015	2,763	256	N/A	415	N/A
12/31/2014	2,743	256	N/A	461	N/A
9/30/2014	2,809	317	N/A	413	N/A
6/30/2014	2,872	382	N/A	518	N/A
3/31/2014	2,884	386	N/A	493	N/A
12/31/2013	2,852	367	N/A	454	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCEMENT's forecast earnings growth (8.7% per year) is above the savings rate (3.6%).

Earnings vs Market: MCEMENT's earnings (8.7% per year) are forecast to grow slower than the MY market (11% per year).

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

Revenue vs Market: MCEMENT's revenue (3.8% per year) is forecast to grow slower than the MY market (6.1% per year).

High Growth Revenue: MCEMENT's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MCEMENT's Return on Equity is forecast to be low in 3 years time (7.8%).

Malayan Cement Berhad Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 12% to RM6.60

Consensus EPS estimates increase by 29%

Price target increased by 12% to RM4.39

Price target increased by 7.7% to RM3.93

Price target increased by 7.2% to RM3.84

Consensus EPS estimates increase by 72%

Recent updates

Upcoming dividend of RM0.06 per share

Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 37%?

New minor risk - Shareholder dilution

Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?

Malayan Cement Berhad's (KLSE:MCEMENT) Dividend Will Be MYR0.06

Final dividend of RM0.06 announced

Full year 2024 earnings released: EPS: RM0.33 (vs RM0.12 in FY 2023)

Malayan Cement Berhad (KLSE:MCEMENT) Is Doing The Right Things To Multiply Its Share Price

Malayan Cement Berhad's (KLSE:MCEMENT) Popularity With Investors Is Under Threat From Overpricing

New minor risk - Dividend sustainability

Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 47% Discount?

Upcoming dividend of RM0.04 per share

Malayan Cement Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended March 31, 2024

Price target increased by 12% to RM6.60

Malayan Cement Berhad Announces Interim Dividend in Respect of the Financial Year Ending 30 June 2024, Payable on June 26, 2024

Second quarter 2024 earnings released: EPS: RM0.093 (vs RM0.012 in 2Q 2023)

Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)

Consensus EPS estimates increase by 29%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Malayan Cement Berhad, Annual General Meeting, Dec 05, 2023

Upcoming dividend of RM0.06 per share at 1.7% yield

Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance Sheet

Price target increased by 12% to RM4.39

Full year 2023 earnings released: EPS: RM0.12 (vs RM0.068 in FY 2022)

Malayan Cement Berhad Reports Written Offs for the Quarter Ended June 30, 2023

Investor sentiment improves as stock rises 19%

What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/E

Price target increased by 7.7% to RM3.93

Price target increased by 7.2% to RM3.84

Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way Up

Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?

At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?

Consensus EPS estimates increase by 72%

Malayan Cement Berhad Announces Resignation of Tan Sri Datuk Asmat Bin Kamaludin as Independent and Non Executive Member of Audit Committee, Effective 30 May 2023

Price target increased by 25% to RM3.13

Malayan Cement Berhad Announces Resignation of Dato' Tan Guan Cheong as Independent and Non Executive Independent Director, Effective 30 May 2023

Investor sentiment improves as stock rises 15%

Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?

Second quarter 2023 earnings released: EPS: RM0.012 (vs RM0.042 in 2Q 2022)

Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)

Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value Estimate

Consensus EPS estimates fall by 39%

First quarter 2023 earnings released

Less than half of directors are independent

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

Malayan Cement Berhad, Annual General Meeting, Dec 06, 2022

Price target decreased to RM2.69

Consensus revenue estimates fall by 17%

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?

Price target decreased to RM3.14

Less than half of directors are independent

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to RM3.18

Is Malayan Cement Berhad (KLSE:MCEMENT) Weighed On By Its Debt Load?

Some Investors May Be Worried About Malayan Cement Berhad's (KLSE:MCEMENT) Returns On Capital

Full year 2021 earnings released: EPS RM0.009 (vs RM0.20 loss in FY 2020)

Malayan Cement Berhad (KLSE:MCEMENT) Strong Profits May Be Masking Some Underlying Issues

Full year 2021 earnings released: EPS RM0.009 (vs RM0.20 loss in FY 2020)

Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 45% Discount?

Price target increased to RM3.42

Loss-Making Malayan Cement Berhad (KLSE:MCEMENT) Set To Breakeven

If You Had Bought Malayan Cement Berhad's (KLSE:MCEMENT) Shares Five Years Ago You Would Be Down 77%

New 90-day high: RM2.69

New 90-day high: RM2.68

Price target raised to RM3.11

Full year 2020 earnings released: RM0.20 loss per share

New 90-day low: RM1.77

New 90-day low: RM1.78