MBM Resources Berhad Future Growth

Future criteria checks 0/6

MBM Resources Berhad's revenue and earnings are forecast to decline at 0.3% and 2.4% per annum respectively. EPS is expected to decline by 2.4% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

-2.4%

Earnings growth rate

-2.4%

EPS growth rate

Retail Distributors earnings growth	18.5%
Revenue growth rate	-0.3%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	17 Dec 2024

Recent future growth updates

Recent updates

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 07

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

May 01

Earnings Beat: MBM Resources Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 03

These 4 Measures Indicate That MBM Resources Berhad (KLSE:MBMR) Is Using Debt Safely

Aug 24

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

Feb 22

Forecast: Analysts Think MBM Resources Berhad's (KLSE:MBMR) Business Prospects Have Improved Drastically

Feb 21

MBM Resources Berhad's (KLSE:MBMR) Dividend Is Being Reduced To RM0.06

Jun 02

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Smaller Dividend Than Last Year

May 01

MBM Resources Berhad (KLSE:MBMR) Has Re-Affirmed Its Dividend Of RM0.05

Aug 27

Earnings and Revenue Growth Forecasts

KLSE:MBMR - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,479	306	66	69	9
12/31/2025	2,447	304	43	65	9
12/31/2024	2,440	306	38	77	9
9/30/2024	2,524	330	79	113	N/A
6/30/2024	2,507	347	22	52	N/A
3/31/2024	2,478	332	16	43	N/A
12/31/2023	2,416	331	-28	-1	N/A
9/30/2023	2,368	293	-21	-14	N/A
6/30/2023	2,367	248	35	42	N/A
3/31/2023	2,385	262	49	55	N/A
12/31/2022	2,308	267	43	49	N/A
9/30/2022	2,216	324	84	92	N/A
6/30/2022	1,825	259	-32	-22	N/A
3/31/2022	1,589	210	-5	5	N/A
12/31/2021	1,529	171	0	9	N/A
9/30/2021	1,530	138	40	46	N/A
6/30/2021	1,900	208	157	163	N/A
3/31/2021	1,838	186	95	101	N/A
12/31/2020	1,793	167	75	80	N/A
9/30/2020	1,726	130	29	35	N/A
6/30/2020	1,641	123	28	37	N/A
3/31/2020	1,940	207	51	60	N/A
12/31/2019	2,085	232	22	34	N/A
9/30/2019	2,078	258	-19	-7	N/A
6/30/2019	2,024	243	9	21	N/A
3/31/2019	1,950	204	-18	-6	N/A
12/31/2018	1,883	191	55	65	N/A
9/30/2018	1,830	-60	82	93	N/A
6/30/2018	1,835	-95	N/A	44	N/A
3/31/2018	1,755	-119	N/A	62	N/A
12/31/2017	1,722	-139	N/A	82	N/A
9/30/2017	1,726	50	N/A	4	N/A
6/30/2017	1,691	64	N/A	-21	N/A
3/31/2017	1,714	67	N/A	-3	N/A
12/31/2016	1,670	66	N/A	-37	N/A
9/30/2016	1,671	70	N/A	30	N/A
6/30/2016	1,650	57	N/A	43	N/A
3/31/2016	1,597	67	N/A	-57	N/A
12/31/2015	1,815	84	N/A	38	N/A
9/30/2015	1,789	105	N/A	-10	N/A
6/30/2015	1,801	122	N/A	40	N/A
3/31/2015	1,919	124	N/A	150	N/A
12/31/2014	1,774	112	N/A	44	N/A
9/30/2014	1,589	114	N/A	34	N/A
6/30/2014	1,716	123	N/A	16	N/A
3/31/2014	1,797	129	N/A	9	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MBMR's earnings are forecast to decline over the next 3 years (-2.4% per year).

Earnings vs Market: MBMR's earnings are forecast to decline over the next 3 years (-2.4% per year).

High Growth Earnings: MBMR's earnings are forecast to decline over the next 3 years.

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

High Growth Revenue: MBMR'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: MBMR's Return on Equity is forecast to be low in 3 years time (12.1%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 18:58
End of Day Share Price	2025/01/02 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

MBM Resources Berhad is covered by 18 analysts. 9 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
Kevin Low	Affin Hwang Investment Bank
Chee Wei Loong	Affin Hwang Investment Bank
Brian Yeoh	Affin Hwang Investment Bank

MBM Resources Berhad Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Price target increased by 11% to RM6.23

Price target increased by 7.8% to RM5.61

Price target increased by 7.6% to RM5.51

Price target increased by 10% to RM5.07

Price target increased by 7.7% to RM4.73

Recent updates

MBM Resources Berhad Announces the Resignation of Anwar Bin Haji @ Aji as Independent and Non Executive Member of Risk Committee

Consensus EPS estimates increase by 11%

MBM Resources Berhad Announces Second Interim Dividend for the Financial Year Ending 31 December 2024, Payable on December 20, 2024

Dividend of RM0.29 announced

Price target increased by 11% to RM6.23

Third quarter 2024 earnings released: EPS: RM0.22 (vs RM0.27 in 3Q 2023)

MBM Resources Berhad Announces Resignation of WONG PEIR CHYUN as Company Secretary

Price target increased by 7.8% to RM5.61

Dividend of RM0.16 announced

Price target increased by 7.6% to RM5.51

Second quarter 2024 earnings released: EPS: RM0.17 (vs RM0.13 in 2Q 2023)

MBM Resources Berhad Declares Special Dividend for the Year Ending 31 December 2024, Payable on September 26, 2024

Price target increased by 10% to RM5.07

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming dividend of RM0.15 per share

MBM Resources Berhad Approves Single Tier Final Dividend for the Financial Year Ended 31 December 2023

Price target increased by 7.7% to RM4.73

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

MBM Resources Berhad, Annual General Meeting, May 30, 2024

Dividend increased to RM0.15

MBM Resources Berhad Proposes Final Dividend for the Financial Year Ended 31 December 2023

Earnings Beat: MBM Resources Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2023 earnings released: EPS: RM0.86 (vs RM0.68 in FY 2022)

MBM Resources Berhad Announces Redesignation of Mr. Low Hin Choong from Executive Director to Non Independent and Non Executive Director

Upcoming dividend of RM0.13 per share at 12% yield

Third quarter 2023 earnings released: EPS: RM0.27 (vs RM0.15 in 3Q 2022)

Resources Berhad Announces Second Interim Dividend in Respect of the Financial Year Ending 31 December 2023, Payable on 22 December 2023

Upcoming dividend of RM0.26 per share at 13% yield

MBM Resources Berhad Announces the Establishment of Executive Committee

MBM Resources Berhad Announces Redesignation of Dato Zulfikri Bin Osman as Executive Director

These 4 Measures Indicate That MBM Resources Berhad (KLSE:MBMR) Is Using Debt Safely

MBM Resources Berhad Announces Special Dividend on Ordinary Share Tax Exempted Under the Single-Tier System in Respect of the Financial Year Ending 31 December 2023, Payable on September 22, 2023

Second quarter 2023 earnings released: EPS: RM0.13 (vs RM0.17 in 2Q 2022)

MBM Resources Berhad Announces Redesignation of Low Hin Choong from Non Executive Director to Executive Director

Upcoming dividend of RM0.06 per share at 11% yield

Mbm Resources Berhad Announces Redesignation of Nik Fazila Binti Nik Mohamed Shihabuddin from Independent and Non Executive Member of Audit Committee to Chairman of Audit Committee

MBM Resources Berhad Approves Single Tier Final Dividend for the Financial Year Ended 31 December 2022

Price target decreased by 8.0% to RM4.37

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.21 per share at 9.5% yield

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

Price target increased by 8.6% to RM4.58

Forecast: Analysts Think MBM Resources Berhad's (KLSE:MBMR) Business Prospects Have Improved Drastically

Full year 2022 earnings: EPS and revenues exceed analyst expectations

MBM Resources Berhad Announces Redesignation of Encik Aqil Bin Ahmad Azizuddin from Non Independent and Non Executive Director to Non Independent and Non Executive Chairman

MBM Resources Berhad Appoints Dato Zulfikri Bin Osman as Non Independent and Non-Executive Director

Third quarter 2022 earnings released

Insufficient new directors

Upcoming dividend of RM0.16 per share

Mbm Resources Berhad Declares First Interim Single Tier Dividend for the Current Financial Year Ending 31 December 2022, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: RM0.17 (vs RM0.043 in 2Q 2021)

MBM Resources Berhad Appoints Ng Seng Kong as Non Independent and Non Executive Member of Audit Committee

Now 20% undervalued after recent price drop

Upcoming dividend of RM0.06 per share

MBM Resources Berhad's (KLSE:MBMR) Dividend Is Being Reduced To RM0.06

Mbm Resources Berhad Announces Retirement of Encik Muhammad Lukman Bin Musa @ Hussain as Non Independent and Non Executive Director

Insufficient new directors

Price target increased to RM4.29

MBM Resources Berhad, Annual General Meeting, Jun 01, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Smaller Dividend Than Last Year

MBM Resources Berhad Proposes Single Tier Final Dividend for the Financial Year Ended 31 December 2021

Upcoming dividend of RM0.15 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Mbm Resources Berhad Declares Special Dividend for Financial Year Ended 31 December 2021, Payable on March 20, 2022

Consensus EPS estimates fall to RM0.35

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

Upcoming dividend of RM0.05 per share

MBM Resources Berhad (KLSE:MBMR) Has Re-Affirmed Its Dividend Of RM0.05