Mynews Holdings Berhad Future Growth

Future criteria checks 4/6

Mynews Holdings Berhad is forecast to grow earnings and revenue by 37.6% and 12.2% per annum respectively. EPS is expected to grow by 38.2% per annum. Return on equity is forecast to be 11.7% in 3 years.

Key information

37.6%

Earnings growth rate

38.2%

EPS growth rate

Specialty Retail earnings growth	14.1%
Revenue growth rate	12.2%
Future return on equity	11.7%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Recent updates

Solid Earnings Reflect Mynews Holdings Berhad's (KLSE:MYNEWS) Strength As A Business

Oct 01

Is Mynews Holdings Berhad (KLSE:MYNEWS) A Risky Investment?

Aug 13

Market Participants Recognise Mynews Holdings Berhad's (KLSE:MYNEWS) Revenues Pushing Shares 26% Higher

Jun 14

A Look At The Intrinsic Value Of Mynews Holdings Berhad (KLSE:MYNEWS)

Mar 31

Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 29% Above Its Share Price

Oct 28

Health Check: How Prudently Does Mynews Holdings Berhad (KLSE:MYNEWS) Use Debt?

Aug 09

Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 39% Above Its Share Price

Jun 29

What Type Of Returns Would Mynews Holdings Berhad's(KLSE:MYNEWS) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Mar 03

Here's Why Mynews Holdings Berhad (KLSE:MYNEWS) Can Afford Some Debt

Jan 27

Earnings and Revenue Growth Forecasts

KLSE:MYNEWS - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2027	1,214	35	39	124	2
10/31/2026	1,002	30	77	129	6
10/31/2025	905	23	67	117	6
10/31/2024	804	9	56	95	N/A
7/31/2024	782	7	67	95	N/A
4/30/2024	760	2	56	77	N/A
1/31/2024	742	-6	54	68	N/A
10/31/2023	730	-11	51	63	N/A
7/31/2023	725	-12	41	54	N/A
4/30/2023	709	-11	46	68	N/A
1/31/2023	676	-15	34	99	N/A
10/31/2022	631	-20	19	90	N/A
7/31/2022	549	-29	32	104	N/A
4/30/2022	472	-42	4	66	N/A
1/31/2022	435	-42	6	34	N/A
10/31/2021	394	-43	-2	26	N/A
7/31/2021	412	-40	-27	9	N/A
4/30/2021	428	-31	-17	19	N/A
1/31/2021	447	-23	-11	26	N/A
10/31/2020	489	-10	4	41	N/A
7/31/2020	504	0	8	56	N/A
4/30/2020	525	13	3	90	N/A
1/31/2020	535	24	-5	87	N/A
10/31/2019	518	28	-22	83	N/A
7/31/2019	492	30	-39	60	N/A
4/30/2019	458	30	-39	25	N/A
1/31/2019	419	28	-39	21	N/A
10/31/2018	386	26	-78	10	N/A
7/31/2018	373	26	N/A	10	N/A
4/30/2018	356	25	N/A	9	N/A
1/31/2018	341	24	N/A	5	N/A
10/31/2017	328	24	N/A	6	N/A
7/31/2017	310	23	N/A	16	N/A
4/30/2017	294	21	N/A	16	N/A
1/31/2017	279	19	N/A	18	N/A
10/31/2016	264	18	N/A	19	N/A
10/31/2015	218	14	N/A	8	N/A
10/31/2014	182	12	N/A	12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MYNEWS's forecast earnings growth (37.6% per year) is above the savings rate (3.6%).

Earnings vs Market: MYNEWS's earnings (37.6% per year) are forecast to grow faster than the MY market (10.3% per year).

High Growth Earnings: MYNEWS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MYNEWS's revenue (12.2% per year) is forecast to grow faster than the MY market (6.3% per year).

High Growth Revenue: MYNEWS's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MYNEWS's Return on Equity is forecast to be low in 3 years time (11.7%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 05:26
End of Day Share Price	2024/12/20 00:00
Earnings	2024/10/31
Annual Earnings	2024/10/31

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

Mynews Holdings Berhad is covered by 22 analysts. 6 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
Muhammad Afif Bin Zulkaplly	AmInvestment Bank Berhad
Zhen Ye Khoo	CGS International
Cheng Wei Lew	CGS International

Mynews Holdings Berhad Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 18% to RM0.77

Price target increased by 8.0% to RM0.50

Price target decreased by 8.0% to RM0.53

Price target decreased by 12% to RM0.64

Price target decreased to RM0.60

Price target increased to RM0.96

Recent updates

Full year 2024 earnings released: EPS: RM0.013 (vs RM0.015 loss in FY 2023)

Dividend of RM0.005 announced

Solid Earnings Reflect Mynews Holdings Berhad's (KLSE:MYNEWS) Strength As A Business

Third quarter 2024 earnings released: EPS: RM0.004 (vs RM0.003 loss in 3Q 2023)

Is Mynews Holdings Berhad (KLSE:MYNEWS) A Risky Investment?

New minor risk - Market cap size

Now 22% undervalued

Now 20% undervalued

Price target increased by 18% to RM0.77

Second quarter 2024 earnings released: EPS: RM0.002 (vs RM0.009 loss in 2Q 2023)

Market Participants Recognise Mynews Holdings Berhad's (KLSE:MYNEWS) Revenues Pushing Shares 26% Higher

Now 21% undervalued

Less than half of directors are independent

Mynews Holdings Berhad Appoints Ding Lien Bing as Non Independent and Non Executive Director, Effective April 1, 2024

Mynews Holdings Berhad Announces Cessation of Madam Soon Dee Hwee as Chairman of Audit Committee

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Mynews Holdings Berhad, Annual General Meeting, Mar 26, 2024

Mynews Holdings Berhad Announces Appointment of Chia Fooi Ching as Company Secretary

Price target increased by 8.0% to RM0.50

Full year 2023 earnings released: RM0.015 loss per share (vs RM0.029 loss in FY 2022)

Mynews Holdings Berhad Appoints Lim Gim Choo as Company Secretary

Third quarter 2023 earnings released: RM0.003 loss per share (vs RM0.002 loss in 3Q 2022)

Mynews Holdings Berhad Announces Resignation of Encik Mohd Suffian Bin Suboh as Independent and Non Executive Member of Risk Committee, Effective September 30, 2023

Mynews Holdings Berhad Announces Resignation of Chia Fooi Ching as Company Secretary

New minor risk - Shareholder dilution

Mynews Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 27.962 million.

Second quarter 2023 earnings released: RM0.009 loss per share (vs RM0.015 loss in 2Q 2022)

Price target decreased by 8.0% to RM0.53

A Look At The Intrinsic Value Of Mynews Holdings Berhad (KLSE:MYNEWS)

Price target decreased by 12% to RM0.64

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings released: RM0.032 loss per share (vs RM0.063 loss in FY 2021)

Now 22% undervalued

Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 29% Above Its Share Price

Third quarter 2022 earnings released: RM0.002 loss per share (vs RM0.022 loss in 3Q 2021)

Health Check: How Prudently Does Mynews Holdings Berhad (KLSE:MYNEWS) Use Debt?

High number of new directors

Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 39% Above Its Share Price

Price target decreased to RM0.60

Now 79% undervalued after recent price drop

Second quarter 2022 earnings released: RM0.015 loss per share (vs RM0.015 loss in 2Q 2021)

Mynews Holdings Berhad Appoints Puan Latifah Binti Abdul Latiff as Independent and Non Executive Member of Risk Committee, Effective June 1, 2022

Mynews Holdings Berhad Appoints Mr. Christopher Koh Swee Kiat as Independent and Non Executive Member of Nomination Committee, Effective June 1, 2022

Less than half of directors are independent

Mynews Holdings Berhad Announces Resignation of Lim Fung Sern as Joint Secretary

Mynews Holdings Berhad Announces Re-Designation of Low Chooi Hoon as Consultant

Is Mynews Holdings Berhad (KLSE:MYNEWS) Using Too Much Debt?

Mynews Holdings Berhad Appoints Chia Fooi Ching as Company Secretary with Effect from March 2, 2022

Mynews Holdings Berhad Announces Resignation of Ding Lien Bing as Independent and Non Executive Member of Remuneration Committee

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

Third quarter 2021 earnings released: RM0.022 loss per share (vs RM0.009 loss in 3Q 2020)

Second quarter 2021 earnings released: RM0.015 loss per share (vs RM0.003 loss in 2Q 2020)

Price target increased to RM0.96

Mynews Holdings Berhad (KLSE:MYNEWS) Is Carrying A Fair Bit Of Debt

Is Mynews Holdings Berhad (KLSE:MYNEWS) Trading At A 30% Discount?

First quarter 2021 earnings released: RM0.013 loss per share (vs RM0.006 profit in 1Q 2020)

Price target increased to RM0.75

New 90-day high: RM0.72