Star Media Group Berhad Future Growth

Future criteria checks 2/6

Star Media Group Berhad is forecast to grow earnings and revenue by 12.2% and 3.4% per annum respectively. EPS is expected to grow by 15.6% per annum. Return on equity is forecast to be 1.2% in 3 years.

Key information

12.2%

Earnings growth rate

15.6%

EPS growth rate

Media earnings growth	24.2%
Revenue growth rate	3.4%
Future return on equity	1.2%
Analyst coverage	Low
Last updated	01 Apr 2024

Recent future growth updates

Recent updates

Is Now The Time To Look At Buying Star Media Group Berhad (KLSE:STAR)?

Aug 29

Why Star Media Group Berhad (KLSE:STAR) Could Be Worth Watching

Apr 12

Here's Why We're Not At All Concerned With Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Oct 13

Star Media Group Berhad (KLSE:STAR) Is In A Good Position To Deliver On Growth Plans

Mar 23

Is Now An Opportune Moment To Examine Star Media Group Berhad (KLSE:STAR)?

Jul 12

Here's Why We're Not At All Concerned With Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Apr 07

Would Shareholders Who Purchased Star Media Group Berhad's (KLSE:STAR) Stock Five Years Be Happy With The Share price Today?

Feb 09

Is There Now An Opportunity In Star Media Group Berhad (KLSE:STAR)?

Jan 18

Here's Why We're Not Too Worried About Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Dec 29

Know This Before Buying Star Media Group Berhad (KLSE:STAR) For Its Dividend

Dec 07

Earnings and Revenue Growth Forecasts

KLSE:STAR - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	248	11	N/A	N/A	1
12/31/2025	233	8	3	8	4
12/31/2024	226	6	18	22	4
12/31/2023	220	7	-4	0	N/A
9/30/2023	221	2	6	11	N/A
6/30/2023	220	5	19	25	N/A
3/31/2023	216	6	15	20	N/A
12/31/2022	217	7	16	21	N/A
9/30/2022	212	-19	4	8	N/A
6/30/2022	204	-76	-4	-1	N/A
3/31/2022	197	-116	-1	4	N/A
12/31/2021	187	-132	-13	-9	N/A
9/30/2021	187	-122	-17	-11	N/A
6/30/2021	189	-41	-29	-24	N/A
3/31/2021	173	-30	-41	-35	N/A
12/31/2020	196	-20	-20	-11	N/A
9/30/2020	222	-4	-24	-14	N/A
6/30/2020	253	-30	26	40	N/A
3/31/2020	299	-2	57	71	N/A
12/31/2019	316	6	87	100	N/A
9/30/2019	333	-4	86	102	N/A
6/30/2019	344	-2	43	60	N/A
3/31/2019	366	-3	46	64	N/A
12/31/2018	393	5	-47	-25	N/A
9/30/2018	414	-141	35	69	N/A
6/30/2018	442	88	-5	30	N/A
3/31/2018	460	76	-29	21	N/A
12/31/2017	469	66	-21	50	N/A
9/30/2017	508	252	N/A	-17	N/A
6/30/2017	543	35	N/A	58	N/A
3/31/2017	591	73	N/A	68	N/A
12/31/2016	630	89	N/A	95	N/A
9/30/2016	758	108	N/A	152	N/A
6/30/2016	859	118	N/A	166	N/A
3/31/2016	959	123	N/A	204	N/A
12/31/2015	1,019	133	N/A	204	N/A
9/30/2015	1,019	105	N/A	189	N/A
6/30/2015	1,012	116	N/A	204	N/A
3/31/2015	1,020	122	N/A	188	N/A
12/31/2014	1,014	111	N/A	221	N/A
9/30/2014	1,022	134	N/A	251	N/A
6/30/2014	1,039	144	N/A	259	N/A
3/31/2014	1,016	133	N/A	220	N/A
12/31/2013	1,025	143	N/A	210	N/A
9/30/2013	1,030	196	N/A	179	N/A
6/30/2013	1,022	186	N/A	142	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STAR's forecast earnings growth (12.2% per year) is above the savings rate (3.6%).

Earnings vs Market: STAR's earnings (12.2% per year) are forecast to grow faster than the MY market (11.8% per year).

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

Revenue vs Market: STAR's revenue (3.4% per year) is forecast to grow slower than the MY market (5.9% per year).

High Growth Revenue: STAR's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STAR's Return on Equity is forecast to be low in 3 years time (1.2%).

Star Media Group Berhad Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 15% to RM0.35

Consensus EPS estimates fall by 33%

Consensus EPS estimates fall by 30%

Price target increased by 21% to RM0.42

Price target decreased by 11% to RM0.30

Price target decreased to RM0.33

Recent updates

Dividend of RM0.01 announced

Star Media Group Berhad, Annual General Meeting, May 27, 2024

Star Media Group Berhad Proposes First and Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2023

New minor risk - Earnings quality

Price target decreased by 15% to RM0.35

Full year 2023 earnings released: EPS: RM0.01 (vs RM0.01 in FY 2022)

Star Media Group Berhad Appoints Tee Chew Lay as Independent and Non-Executive Director, Effective March 1, 2024

Star Media Group Berhad Announces Resignation of Chan Seng Fatt as Independent and Non Executive Member of Nomination Committee, Effective from 29 February 2024

JAKS Resources Berhad and Star Media Group Berhad Provides Update on Claim on Corporate Guarantee

Consensus EPS estimates fall by 33%

Third quarter 2023 earnings released: EPS: RM0 (vs RM0.003 in 3Q 2022)

Star Media Group Berhad Announces Resignation of Mr. Yeow Wai Siaw as Group Chief Executive Officer, Effective February 29, 2024

Is Now The Time To Look At Buying Star Media Group Berhad (KLSE:STAR)?

Consensus EPS estimates fall by 30%

Star Media Group Berhad Appoints Wong You Fong Non Independent and Non Executive Member of Remuneration Committee

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.003 in 2Q 2022)

Star Media Group Berhad Announces of Loh Chee Can as Independent and Non Executive Member of Nomination Committee

Price target increased by 21% to RM0.42

Star Media Group Berhad Announces Re-Designation of Wong You Fong as Non-Independent Director

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.003 in 1Q 2022)

Star Media Group Berhad Announces the Retirement of Choong Tuck Oon as Independent and Non Executive Director

Upcoming dividend of RM0.01 per share at 2.1% yield

Why Star Media Group Berhad (KLSE:STAR) Could Be Worth Watching

Price target decreased by 11% to RM0.30

Full year 2022 earnings released: EPS: RM0.01 (vs RM0.18 loss in FY 2021)

Star Media Group Berhad Announces the Resignation of Au Chen Sum as Chief Financial Officer, Effective from 31 January 2023

Third quarter 2022 earnings released: EPS: RM0.003 (vs RM0.076 loss in 3Q 2021)

Here's Why We're Not At All Concerned With Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Star Media Group Berhad Announces Appointment of CHRISTINA FOO as Independent and Non Executive Director, Effective 1 October 2022

Second quarter 2022 earnings released: EPS: RM0.003 (vs RM0.052 loss in 2Q 2021)

Price target decreased to RM0.33

Jaks Resources Berhad Provides Update on the Claims Against Star Media Group Berhad

JAKS Resources Berhad Announces Claim Against Star Media Group Berhad

Price target decreased to RM0.36

Full year 2021 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Star Media Group Berhad, Annual General Meeting, May 23, 2022

Star Media Group Berhad (KLSE:STAR) Is In A Good Position To Deliver On Growth Plans

Consensus EPS estimates have been upgraded

Full year 2021 earnings: EPS misses analyst expectations

Price target decreased to RM0.38

Insufficient new directors

Third quarter 2021 earnings released: RM0.076 loss per share (vs RM0.037 profit in 3Q 2020)

Second quarter 2021 earnings released: RM0.052 loss per share (vs RM0.037 loss in 2Q 2020)

Is Now An Opportune Moment To Examine Star Media Group Berhad (KLSE:STAR)?

Paramount Corporation Berhad and Star Media Group Seek Digital Banking Licence

Consensus EPS estimates fall to -RM0.045

First quarter 2021 earnings released: RM0.019 loss per share (vs RM0.005 loss in 1Q 2020)

Here's Why We're Not At All Concerned With Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Price target increased to RM0.40

Star Media Group Berhad Announces Appointment of Tan Sri Dato' Seri Chor Chee Heung as Independent and Non Executive Chairman, Effective March 15, 2021

Independent Chairman of the Board Ah Fu has left the company

New 90-day high: RM0.41

Star Media Group Berhad Announces Cessation of Dato Fu Ah Kiow @ Oh (Fu) Soon Guan as Independent and Non Executive Chairman of Remuneration Committee

Star Media Group Berhad Announces Resignation of Dato' Fu Ah Kiow from the Position of Independent Non-Executive Chairman

Full year 2020 earnings released: RM0.027 loss per share (vs RM0.008 profit in FY 2019)

Star Media Group Berhad Appoints Alex Yeow Wai Siaw as its New Group CEO, Effective March 1, 2021

Would Shareholders Who Purchased Star Media Group Berhad's (KLSE:STAR) Stock Five Years Be Happy With The Share price Today?

Is There Now An Opportunity In Star Media Group Berhad (KLSE:STAR)?

Here's Why We're Not Too Worried About Star Media Group Berhad's (KLSE:STAR) Cash Burn Situation

Know This Before Buying Star Media Group Berhad (KLSE:STAR) For Its Dividend

New 90-day high: RM0.38

JAKS Resources Berhad Announces Star Media Group Berhad Claim on Corporate Guarantee

Third quarter 2020 earnings released: EPS RM0.037

New 90-day low: RM0.30

Star Media Group Berhad Provides Legal Update on Disposal of the Company's Land Known as H.S. (D) 259880, No. Lot PT 16 Seksyen 13, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor to JAKS Island Circle Sdn Bhd

New 90-day low: RM0.33

Analysts lower revenue estimates to RM213.3m

First half earnings released