Bermaz Auto Berhad Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St

September 03, 2024

Bermaz Auto Berhad (KLSE:BAUTO) Full Year 2024 Results

Key Financial Results

Revenue: RM3.91b (up 11% from FY 2023).
Net income: RM345.6m (up 13% from FY 2023).
Profit margin: 8.8% (up from 8.6% in FY 2023). The increase in margin was driven by higher revenue.
EPS: RM0.30 (up from RM0.26 in FY 2023).

revenue-and-expenses-breakdown — KLSE:BAUTO Revenue and Expenses Breakdown September 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bermaz Auto Berhad EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%.

The primary driver behind last 12 months revenue was the Malaysia segment contributing a total revenue of RM3.54b (90% of total revenue). Notably, cost of sales worth RM3.25b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM189.9m (61% of total expenses). Explore how BAUTO's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Specialty Retail industry in Malaysia.

Performance of the Malaysian Specialty Retail industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Bermaz Auto Berhad (including 2 which are concerning).

Valuation is complex, but we're here to simplify it.

Discover if Bermaz Auto Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.