Here's What Analysts Are Forecasting For Gas Malaysia Berhad (KLSE:GASMSIA) After Its Annual Results

Shareholders might have noticed that Gas Malaysia Berhad (KLSE:GASMSIA) filed its yearly result this time last week. The early response was not positive, with shares down 3.1% to RM4.10 in the past week. The result was positive overall - although revenues of RM8.0b were in line with what the analysts predicted, Gas Malaysia Berhad surprised by delivering a statutory profit of RM0.34 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for Gas Malaysia Berhad

Taking into account the latest results, the most recent consensus for Gas Malaysia Berhad from nine analysts is for revenues of RM8.33b in 2025. If met, it would imply a modest 3.5% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to dip 5.8% to RM0.32 in the same period. Before this earnings report, the analysts had been forecasting revenues of RM8.60b and earnings per share (EPS) of RM0.32 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.

The consensus has reconfirmed its price target of RM4.34, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Gas Malaysia Berhad's market 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. Currently, the most bullish analyst values Gas Malaysia Berhad at RM4.60 per share, while the most bearish prices it at RM4.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Gas Malaysia Berhad's revenue growth is expected to slow, with the forecast 3.5% annualised growth rate until the end of 2025 being well below the historical 5.6% p.a. growth over the last five years. Compare this to the 92 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 2.9% per year. So it's pretty clear that, while Gas Malaysia Berhad's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also downgraded their revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. With that said, earnings are more important to the long-term value of the business. 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Gas Malaysia Berhad going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 2 warning signs we've spotted with Gas Malaysia Berhad (including 1 which is concerning) .

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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.