Stock Analysis

Here's What Analysts Are Forecasting For Bintulu Port Holdings Berhad (KLSE:BIPORT) After Its Annual Results

KLSE:BIPORT
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Bintulu Port Holdings Berhad (KLSE:BIPORT) came out with its yearly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results look mixed - while revenue fell marginally short of analyst estimates at RM835m, statutory earnings were in line with expectations, at RM0.33 per share. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for Bintulu Port Holdings Berhad

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KLSE:BIPORT Earnings and Revenue Growth February 26th 2025

Taking into account the latest results, the most recent consensus for Bintulu Port Holdings Berhad from two analysts is for revenues of RM902.1m in 2025. If met, it would imply a meaningful 8.1% increase on its revenue over the past 12 months. Per-share earnings are expected to accumulate 2.4% to RM0.34. Before this earnings report, the analysts had been forecasting revenues of RM963.0m and earnings per share (EPS) of RM0.34 in 2025. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

The average price target was steady at RM6.20even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that Bintulu Port Holdings Berhad's rate of growth is expected to accelerate meaningfully, with the forecast 8.1% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 2.9% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.4% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Bintulu Port Holdings Berhad is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also downgraded Bintulu Port Holdings Berhad's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. Even so, earnings are more important to the intrinsic value of the business. The consensus price target held steady at RM6.20, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Bintulu Port Holdings Berhad going out as far as 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Bintulu Port Holdings Berhad .

Valuation is complex, but we're here to simplify it.

Discover if Bintulu Port Holdings Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.