Malaysian Pacific Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Last week saw the newest yearly earnings release from Malaysian Pacific Industries Berhad (KLSE:MPI), an important milestone in the company's journey to build a stronger business. Revenues RM2.1b disappointed slightly, at3.0% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of RM0.83 coming in 11% above what was anticipated. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Malaysian Pacific Industries Berhad after the latest results.

Check out our latest analysis for Malaysian Pacific Industries Berhad

Following the latest results, Malaysian Pacific Industries Berhad's seven analysts are now forecasting revenues of RM2.25b in 2025. This would be an okay 7.5% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to leap 33% to RM1.09. Before this earnings report, the analysts had been forecasting revenues of RM2.31b and earnings per share (EPS) of RM1.26 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers.

Despite the cuts to forecast earnings, there was no real change to the RM39.71 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Malaysian Pacific Industries Berhad analyst has a price target of RM48.50 per share, while the most pessimistic values it at RM27.40. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Malaysian Pacific Industries Berhad's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Malaysian Pacific Industries Berhad'shistorical trends, as the 7.5% annualised revenue growth to the end of 2025 is roughly in line with the 8.1% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 13% annually. So although Malaysian Pacific Industries Berhad is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target held steady at RM39.71, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Malaysian Pacific Industries Berhad going out to 2027, and you can see them free on our platform here..

We also provide an overview of the Malaysian Pacific Industries Berhad Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.