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

It's been a pretty great week for Malaysian Pacific Industries Berhad (KLSE:MPI) shareholders, with its shares surging 12% to RM25.02 in the week since its latest annual results. The result was positive overall - although revenues of RM2.1b were in line with what the analysts predicted, Malaysian Pacific Industries Berhad surprised by delivering a statutory profit of RM0.77 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the current consensus from Malaysian Pacific Industries Berhad's seven analysts is for revenues of RM2.22b in 2026. This would reflect a reasonable 4.3% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 12% to RM0.86. Yet prior to the latest earnings, the analysts had been anticipated revenues of RM2.22b and earnings per share (EPS) of RM0.89 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

View our latest analysis for Malaysian Pacific Industries Berhad

It might be a surprise to learn that the consensus price target was broadly unchanged at RM20.10, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Malaysian Pacific Industries Berhad analyst has a price target of RM30.50 per share, while the most pessimistic values it at RM13.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Malaysian Pacific Industries Berhad's rate of growth is expected to accelerate meaningfully, with the forecast 4.3% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 3.1% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 8.6% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, Malaysian Pacific Industries Berhad is expected 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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

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. We have estimates - from multiple Malaysian Pacific Industries Berhad analysts - going out to 2028, 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.