MBM Resources Berhad Past Earnings Performance

Past criteria checks 5/6

MBM Resources Berhad has been growing earnings at an average annual rate of 9%, while the Retail Distributors industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 4.3% per year. MBM Resources Berhad's return on equity is 15.3%, and it has net margins of 13.8%.

Key information

9.0%

Earnings growth rate

9.0%

EPS growth rate

Retail Distributors Industry Growth	13.7%
Revenue growth rate	4.3%
Return on equity	15.3%
Net Margin	13.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

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

MBM Resources Berhad (KLSE:MBMR) Is Doing The Right Things To Multiply Its Share Price

May 24

Does MBM Resources Berhad (KLSE:MBMR) Have A Healthy Balance Sheet?

May 05

MBM Resources Berhad (KLSE:MBMR) Shares Could Be 31% Above Their Intrinsic Value Estimate

Apr 10

Should You Buy MBM Resources Berhad (KLSE:MBMR) For Its Dividend?

Mar 24

Three Days Left Until MBM Resources Berhad (KLSE:MBMR) Trades Ex-Dividend

Mar 06

MBM Resources Berhad Just Beat EPS By 8.3%: Here's What Analysts Think Will Happen Next

Feb 27

Shareholders Of MBM Resources Berhad (KLSE:MBMR) Must Be Happy With Their 66% Return

Feb 12

Need To Know: Analysts Are Much More Bullish On MBM Resources Berhad (KLSE:MBMR) Revenues

Nov 20

Revenue & Expenses Breakdown
Beta

How MBM Resources Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:MBMR Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,417	334	180
30 Sep 23	2,368	293	182
30 Jun 23	2,367	248	177
31 Mar 23	2,385	262	171
31 Dec 22	2,308	267	167
30 Sep 22	2,216	324	152
30 Jun 22	1,825	259	137
31 Mar 22	1,589	210	132
31 Dec 21	1,529	171	130
30 Sep 21	1,530	138	133
30 Jun 21	1,900	208	145
31 Mar 21	1,838	186	141
31 Dec 20	1,793	167	144
30 Sep 20	1,726	130	156
30 Jun 20	1,641	123	157
31 Mar 20	1,940	207	170
31 Dec 19	2,085	232	174
30 Sep 19	2,078	258	164
30 Jun 19	2,024	243	161
31 Mar 19	1,950	204	162
31 Dec 18	1,883	191	158
30 Sep 18	1,830	-60	397
30 Jun 18	1,835	-95	406
31 Mar 18	1,755	-119	397
31 Dec 17	1,722	-139	395
30 Sep 17	1,726	50	192
30 Jun 17	1,691	64	183
31 Mar 17	1,714	67	187
31 Dec 16	1,670	66	188
30 Sep 16	1,671	70	167
30 Jun 16	1,650	57	165
31 Mar 16	1,597	67	165
31 Dec 15	1,815	84	166
30 Sep 15	1,789	105	153
30 Jun 15	1,801	122	154
31 Mar 15	1,919	124	158
31 Dec 14	1,774	112	156
30 Sep 14	1,589	114	145
30 Jun 14	1,716	123	147
31 Mar 14	1,797	129	146
31 Dec 13	1,960	138	145
30 Sep 13	2,258	136	156
30 Jun 13	2,293	136	151

Quality Earnings: MBMR has high quality earnings.

Growing Profit Margin: MBMR's current net profit margins (13.8%) are higher than last year (11.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MBMR's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: MBMR's earnings growth over the past year (25.1%) exceeds its 5-year average (9% per year).

Earnings vs Industry: MBMR earnings growth over the past year (25.1%) exceeded the Retail Distributors industry -9.2%.

MBM Resources Berhad Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

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

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

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

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Third quarter 2022 earnings released

Recent updates

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

Second quarter 2021 earnings released: EPS RM0.043 (vs RM0.013 loss in 2Q 2020)

Price target decreased to RM4.06

Upcoming dividend of RM0.09 per share

First quarter 2021 earnings released: EPS RM0.12 (vs RM0.07 in 1Q 2020)

MBM Resources Berhad Announces Final Single Tier Dividend for the Financial Year Ended 31 December 2020, Payable on 30 June 2021

MBM Resources Berhad (KLSE:MBMR) Is Doing The Right Things To Multiply Its Share Price

Does MBM Resources Berhad (KLSE:MBMR) Have A Healthy Balance Sheet?

Full year 2020 earnings released: EPS RM0.43 (vs RM0.59 in FY 2019)

MBM Resources Berhad (KLSE:MBMR) Shares Could Be 31% Above Their Intrinsic Value Estimate

Price target increased to RM4.45

Price target increased to RM4.52

Should You Buy MBM Resources Berhad (KLSE:MBMR) For Its Dividend?

Three Days Left Until MBM Resources Berhad (KLSE:MBMR) Trades Ex-Dividend

MBM Resources Berhad Just Beat EPS By 8.3%: Here's What Analysts Think Will Happen Next

Full year 2020 earnings released: EPS RM0.42 (vs RM0.59 in FY 2019)

Earnings beat expectations, revenue disappoints

Shareholders Of MBM Resources Berhad (KLSE:MBMR) Must Be Happy With Their 66% Return

Revenue & Expenses Breakdown
Beta