Capital A Berhad Future Growth

Future criteria checks 3/6

Capital A Berhad is forecast to grow earnings and revenue by 31.3% and 2.2% per annum respectively while EPS is expected to grow by 22.7% per annum.

Key information

31.3%

Earnings growth rate

22.7%

EPS growth rate

Airlines earnings growth	10.0%
Revenue growth rate	2.2%
Future return on equity	n/a
Analyst coverage	Good
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

What Is Capital A Berhad's (KLSE:CAPITALA) Share Price Doing?

Sep 01

Cautious Investors Not Rewarding Capital A Berhad's (KLSE:CAPITALA) Performance Completely

Apr 19

Analysts Are More Bearish On Capital A Berhad (KLSE:CAPITALA) Than They Used To Be

Mar 10

AirAsia Group Berhad (KLSE:AIRASIA) Analysts Are More Bearish Than They Used To Be

May 29

Is AirAsia Group Berhad (KLSE:AIRASIA) Trading At A 45% Discount?

Mar 31

Do Institutions Own AirAsia Group Berhad (KLSE:AIRASIA) Shares?

Feb 23

AirAsia Group Berhad (KLSE:AIRASIA) Has Returned Negative 55% To Its Shareholders In The Past Three Years

Jan 01

Earnings and Revenue Growth Forecasts

KLSE:CAPITALA - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	16,172	843	3,544	1,777	5
12/31/2025	16,072	694	3,527	1,806	9
12/31/2024	16,905	413	1,638	1,416	9
12/31/2023	14,917	337	991	1,413	N/A
9/30/2023	12,258	1,107	1,111	1,324	N/A
6/30/2023	9,988	384	756	899	N/A
3/31/2023	8,302	-1,665	569	688	N/A
12/31/2022	6,584	-3,238	-373	-283	N/A
9/30/2022	5,138	-3,493	-206	-126	N/A
6/30/2022	3,473	-3,479	-455	-395	N/A
3/31/2022	2,406	-3,127	-905	-854	N/A
12/31/2021	1,915	-2,991	-728	-678	N/A
9/30/2021	1,826	-4,690	-1,620	-1,652	N/A
6/30/2021	1,923	-4,655	-1,678	-1,663	N/A
3/31/2021	1,559	-5,075	-2,340	-2,317	N/A
12/31/2020	3,428	-5,112	-2,269	-2,168	N/A
9/30/2020	5,983	-3,053	-1,458	-1,062	N/A
6/30/2020	8,565	-2,252	-60	314	N/A
3/31/2020	11,824	-1,214	1,728	2,118	N/A
12/31/2019	12,170	-316	2,178	2,523	N/A
9/30/2019	12,258	-372	2,004	1,134	N/A
6/30/2019	11,909	596	1,057	428	N/A
3/31/2019	11,182	920	-149	271	N/A
12/31/2018	11,179	1,967	-819	353	N/A
9/30/2018	10,676	2,781	-951	2,225	N/A
6/30/2018	10,499	2,370	-1,019	2,374	N/A
3/31/2018	10,310	2,155	-690	2,025	N/A
12/31/2017	10,004	1,629	-62	2,154	N/A
9/30/2017	9,141	1,316	N/A	2,650	N/A
6/30/2017	8,379	1,165	N/A	2,294	N/A
3/31/2017	7,615	1,360	N/A	2,344	N/A
12/31/2016	7,088	1,622	N/A	2,167	N/A
9/30/2016	7,399	2,128	N/A	1,236	N/A
6/30/2016	7,228	1,368	N/A	2,348	N/A
3/31/2016	6,938	1,270	N/A	2,318	N/A
12/31/2015	6,536	541	N/A	2,204	N/A
9/30/2015	5,765	-443	N/A	2,208	N/A
6/30/2015	5,566	-32	N/A	1,000	N/A
3/31/2015	5,551	92	N/A	433	N/A
12/31/2014	5,556	83	N/A	302	N/A
9/30/2014	5,384	676	N/A	382	N/A
6/30/2014	5,347	706	N/A	477	N/A
3/31/2014	5,292	397	N/A	672	N/A
12/31/2013	5,290	362	N/A	961	N/A
9/30/2013	5,194	502	N/A	1,343	N/A
6/30/2013	5,151	624	N/A	1,344	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAPITALA's forecast earnings growth (31.3% per year) is above the savings rate (3.6%).

Earnings vs Market: CAPITALA's earnings (31.3% per year) are forecast to grow faster than the MY market (11.8% per year).

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

Revenue vs Market: CAPITALA's revenue (2.2% per year) is forecast to grow slower than the MY market (5.9% per year).

High Growth Revenue: CAPITALA's revenue (2.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CAPITALA's Return on Equity is forecast to be high in 3 years time

Capital A Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall from profit to RM0.023 loss, revenue upgraded

Price target increased by 7.7% to RM0.85

Price target increased by 8.3% to RM0.75

Consensus forecasts updated

Price target decreased to RM0.70

Forecast breakeven date pushed back to 2024

Recent updates

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Capital A Berhad, Annual General Meeting, Jun 13, 2024

Capital A Berhad announced that it expects to receive MYR 1 billion in funding

Insufficient new directors

Capital A Berhad Announces Resignation of HARMINDER SINGH A/L JAILA SINGH as Group Company Secretary

Full year 2023 earnings released: EPS: RM0.20 (vs RM0.65 loss in FY 2022)

Capital A Berhad Announces Demise of SURINA BINTI SHUKRI, Independent and Non Executive Member of Nomination and Remuneration Committee

Airasia Aviation Group Announces Appointment of Riad Asmat to the Board of Advisers

Consensus EPS estimates fall from profit to RM0.023 loss, revenue upgraded

Third quarter 2023 earnings released

Capital A Explores Business Combination between Aetherium Acquisition and Capital A International to List on Nasdaq

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

What Is Capital A Berhad's (KLSE:CAPITALA) Share Price Doing?

Second quarter 2023 earnings released

New minor risk - Financial position

First quarter 2023 earnings released

Price target increased by 7.7% to RM0.85

Full year 2022 earnings: EPS and revenues miss analyst expectations

Cautious Investors Not Rewarding Capital A Berhad's (KLSE:CAPITALA) Performance Completely

Price target increased by 8.3% to RM0.75

Full year 2022 earnings released: RM0.60 loss per share (vs RM0.79 loss in FY 2021)

Third quarter 2022 earnings: Revenues miss analyst expectations

Consensus forecasts updated

Price target decreased to RM0.70

Forecast breakeven date pushed back to 2024

Second quarter 2022 earnings released

Consensus forecasts updated

Forecast breakeven date pushed back to 2024

Forecast breakeven date pushed back to 2024

Capital A Berhad, Annual General Meeting, Jun 16, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Analysts Are More Bearish On Capital A Berhad (KLSE:CAPITALA) Than They Used To Be

Price target decreased to RM0.79

Consensus EPS estimates fall by 38%

No longer forecast to breakeven

Full year 2021 earnings: Revenues miss analyst expectations

AirAsia Group Berhad Appoints PUAN SURINA BINTI SHUKRI as Independent and Non Executive Member of Nomination and Remuneration Committee

AirAsia Reportedly in Acquisition Discussions for Raya Airways

AirAsia Group Berhad(KLSE:AIRASIA-LR) dropped from FTSE All-World Index (USD)

Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to RM0.88

Price target increased to RM0.87

Price target increased to RM0.74

Second quarter 2021 earnings released: RM0.15 loss per share (vs RM0.30 loss in 2Q 2020)

Consensus forecasts updated

Company Secretary Say Kong has left the company

Consensus forecasts updated

Consensus revenue estimates fall to RM3.52b

AirAsia Group Berhad (KLSE:AIRASIA) Analysts Are More Bearish Than They Used To Be

First quarter 2021 earnings released: RM0.22 loss per share (vs RM0.24 loss in 1Q 2020)

Consensus EPS estimates fall to -RM0.35

Consensus EPS estimates fall to -RM0.32

Is AirAsia Group Berhad (KLSE:AIRASIA) Trading At A 45% Discount?

Price target increased to RM0.61

Full year 2020 earnings released: RM1.53 loss per share (vs RM0.094 loss in FY 2019)

Price target raised to RM0.52

New 90-day high: RM1.02

Do Institutions Own AirAsia Group Berhad (KLSE:AIRASIA) Shares?

AirAsia Group Berhad (KLSE:AIRASIA) Has Returned Negative 55% To Its Shareholders In The Past Three Years

Airasia to Sell Bulk of Stake in Its Indian Operations to Tata Sons

AirAsia and GE Aviation Implement Group-Wide Network Operations Software

Tata Reportedly in Talks to Buy Airasia's in JV

AirAsia Group Berhad Appoints HARMINDER SINGH A/L JAILA SINGH as Group Company Secretary

Analysts lower revenue estimates to RM5.95b

Earnings released

Price target lowered to RM0.55

New 90-day low - RM0.68

Earnings and Revenue Growth Forecasts