Malakoff Corporation Berhad Future Growth

Future criteria checks 3/6

Malakoff Berhad's revenue is forecast to decline at 2.3% per annum while its annual earnings are expected to grow at 85.8% per year. EPS is expected to grow by 86.7% per annum. Return on equity is forecast to be 5.6% in 3 years.

Key information

85.8%

Earnings growth rate

86.7%

EPS growth rate

Renewable Energy earnings growth	14.1%
Revenue growth rate	-2.3%
Future return on equity	5.6%
Analyst coverage	Good
Last updated	28 Aug 2024

Recent future growth updates

Recent updates

Malakoff Corporation Berhad's (KLSE:MALAKOF) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jul 04

There's No Escaping Malakoff Corporation Berhad's (KLSE:MALAKOF) Muted Revenues Despite A 25% Share Price Rise

Jun 10

Here's Why It's Unlikely That Malakoff Corporation Berhad's (KLSE:MALAKOF) CEO Will See A Pay Rise This Year

Apr 18

Malakoff Corporation Berhad (KLSE:MALAKOF) Use Of Debt Could Be Considered Risky

Aug 29

We Think Malakoff Corporation Berhad (KLSE:MALAKOF) Is Taking Some Risk With Its Debt

May 30

Malakoff Corporation Berhad (KLSE:MALAKOF) Might Have The Makings Of A Multi-Bagger

Mar 03

Brokers Are Upgrading Their Views On Malakoff Corporation Berhad (KLSE:MALAKOF) With These New Forecasts

Nov 30

These 4 Measures Indicate That Malakoff Corporation Berhad (KLSE:MALAKOF) Is Using Debt Extensively

Aug 24

Malakoff Corporation Berhad (KLSE:MALAKOF) Hasn't Managed To Accelerate Its Returns

May 06

Malakoff Corporation Berhad (KLSE:MALAKOF) Use Of Debt Could Be Considered Risky

Apr 15

Malakoff Corporation Berhad Recorded A 17% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 24

A Look At Malakoff Corporation Berhad's (KLSE:MALAKOF) Share Price Returns

Feb 18

What We Make Of Malakoff Corporation Berhad's (KLSE:MALAKOF) Returns On Capital

Feb 01

Malakoff Corporation Berhad (KLSE:MALAKOF) Takes On Some Risk With Its Use Of Debt

Jan 11

What Is The Ownership Structure Like For Malakoff Corporation Berhad (KLSE:MALAKOF)?

Dec 25

Does Malakoff Corporation Berhad's (KLSE:MALAKOF) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 07

If You Had Bought Malakoff Corporation Berhad (KLSE:MALAKOF) Shares Five Years Ago You'd Have A Total Return Of Negative 21%

Nov 19

Earnings and Revenue Growth Forecasts

KLSE:MALAKOF - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	8,370	319	1,460	1,358	8
12/31/2025	8,829	286	1,494	1,413	10
12/31/2024	8,653	272	1,419	1,429	9
3/31/2024	9,062	-747	432	822	N/A
12/31/2023	9,067	-884	1,461	1,737	N/A
9/30/2023	9,777	-485	917	1,127	N/A
6/30/2023	10,803	-309	412	611	N/A
3/31/2023	10,757	128	958	1,150	N/A
12/31/2022	10,355	255	-242	60	N/A
9/30/2022	9,326	228	843	1,084	N/A
6/30/2022	7,730	205	1,173	1,377	N/A
3/31/2022	6,996	180	1,321	1,570	N/A
12/31/2021	6,463	213	1,658	1,803	N/A
9/30/2021	6,033	240	1,036	1,350	N/A
6/30/2021	5,932	247	861	1,209	N/A
3/31/2021	5,854	258	1,537	1,872	N/A
12/31/2020	6,276	287	1,645	2,054	N/A
9/30/2020	6,478	347	1,746	2,102	N/A
6/30/2020	6,816	378	1,992	2,303	N/A
3/31/2020	7,085	313	2,071	2,444	N/A
12/31/2019	7,278	279	2,153	2,424	N/A
9/30/2019	7,410	247	2,070	2,425	N/A
6/30/2019	7,461	234	2,161	2,557	N/A
3/31/2019	7,548	220	1,803	2,107	N/A
12/31/2018	7,185	218	1,661	2,013	N/A
9/30/2018	7,131	177	1,901	2,118	N/A
6/30/2018	7,081	172	1,974	2,289	N/A
3/31/2018	6,954	250	1,597	1,961	N/A
12/31/2017	7,130	296	N/A	2,720	N/A
9/30/2017	7,051	356	N/A	2,578	N/A
6/30/2017	6,743	344	N/A	2,679	N/A
3/31/2017	6,535	370	N/A	2,636	N/A
12/31/2016	6,098	355	N/A	2,365	N/A
9/30/2016	5,761	371	N/A	2,360	N/A
6/30/2016	5,530	476	N/A	2,212	N/A
3/31/2016	5,299	433	N/A	2,619	N/A
12/31/2015	5,302	452	N/A	1,899	N/A
9/30/2015	5,408	459	N/A	2,542	N/A
6/30/2015	5,533	411	N/A	2,359	N/A
3/31/2015	5,703	443	N/A	2,728	N/A
12/31/2014	5,594	342	N/A	2,702	N/A
9/30/2014	5,230	230	N/A	2,717	N/A
12/31/2013	4,717	162	N/A	1,637	N/A
9/30/2013	4,870	262	N/A	852	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MALAKOF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: MALAKOF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MALAKOF is expected to become profitable in the next 3 years.

Revenue vs Market: MALAKOF's revenue is expected to decline over the next 3 years (-2.3% per year).

High Growth Revenue: MALAKOF's revenue is forecast to decline over the next 3 years (-2.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MALAKOF's Return on Equity is forecast to be low in 3 years time (5.6%).

Malakoff Corporation Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 9.1% to RM0.85

Price target increased by 11% to RM0.82

Price target increased by 10% to RM0.78

Price target decreased by 7.7% to RM0.69

Consensus EPS estimates fall by 42%, revenue upgraded

Price target decreased by 8.4% to RM0.80

Recent updates

Price target increased by 9.1% to RM0.85

Price target increased by 11% to RM0.82

Price target increased by 10% to RM0.78

Malakoff Corporation Berhad's (KLSE:MALAKOF) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Malakoff Corporation Berhad Appoints Puan Lim Tau Kien as Independent and Non Executive Member of Nomination and Remuneration Committee

High number of new directors

There's No Escaping Malakoff Corporation Berhad's (KLSE:MALAKOF) Muted Revenues Despite A 25% Share Price Rise

Malakoff Corporation Berhad Appoints Miss Lim Tau Kien as Independent and Non Executive Director, Effective from 01 June 2024

First quarter 2024 earnings released: EPS: RM0.008 (vs RM0.02 loss in 1Q 2023)

High number of new directors

Upcoming dividend of RM0.015 per share

Malakoff Corporation Berhad Announces Appointment of Datuk Prakash Chandran Madhu Sudanan as Member of Nomination and Remuneration Committee

Here's Why It's Unlikely That Malakoff Corporation Berhad's (KLSE:MALAKOF) CEO Will See A Pay Rise This Year

Full year 2023 earnings: EPS and revenues miss analyst expectations

Final dividend reduced to RM0.015

Malakoff Corporation Berhad, Annual General Meeting, Apr 25, 2024

Now 21% overvalued after recent price rise

Full year 2023 earnings released: RM0.18 loss per share (vs RM0.052 profit in FY 2022)

Third quarter 2023 earnings released: RM0.022 loss per share (vs RM0.014 profit in 3Q 2022)

New major risk - Revenue and earnings growth

Upcoming dividend of RM0.015 per share at 6.5% yield

Malakoff Corporation Berhad (KLSE:MALAKOF) Use Of Debt Could Be Considered Risky

Price target decreased by 7.7% to RM0.69

Second quarter 2023 earnings released: RM0.065 loss per share (vs RM0.02 profit in 2Q 2022)

High number of new directors

Malakoff Corporation Berhad Announces Resignation of Tan Sri Che Khalib Bin Mohamad Noh as Non-Independent and Non-Executive Member of Nomination and Remuneration Committee, Date of Change 1 July 2023

Malakoff Corporation Berhad Appoints DATUK WIRA ROSLAN BIN AB RAHMAN as Independent and Non Executive Director

Malakoff Corporation Berhad Announces Appointment of ROSLAN BIN AB RAHMAN as Member of Risk Committee

Consensus EPS estimates fall by 42%, revenue upgraded

We Think Malakoff Corporation Berhad (KLSE:MALAKOF) Is Taking Some Risk With Its Debt

Price target decreased by 8.4% to RM0.80

First quarter 2023 earnings released: RM0.02 loss per share (vs RM0.01 profit in 1Q 2022)

Malakoff Corporation Berhad Announces Cessation of Office of Syed Muhamad Bin Syed Abdul Kadir as Independent and Non Executive Member of Risk Committee

Upcoming dividend of RM0.025 per share at 7.2% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Malakoff Corporation Berhad (KLSE:MALAKOF) Might Have The Makings Of A Multi-Bagger

Full year 2022 earnings released: EPS: RM0.052 (vs RM0.053 in FY 2021)

Malakoff Corporation Berhad Announces the Appointment of Zaidatul Neezma Binti Zainal Abidin as Joint Secretary

Third quarter 2022 earnings released: EPS: RM0.014 (vs RM0.014 in 3Q 2021)

Brokers Are Upgrading Their Views On Malakoff Corporation Berhad (KLSE:MALAKOF) With These New Forecasts

Consensus revenue estimates increase by 17%

Upcoming dividend of RM0.028 per share

Second quarter 2022 earnings released: EPS: RM0.024 (vs RM0.024 in 2Q 2021)

Malakoff Corporation Berhad Declares Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 27 Oct. 2022

Malakoff Corporation Berhad Appoints Norida Binti Abdul Rahman as Independent and Non Executive Non Executive Director

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of RM0.02 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Malakoff Corporation Berhad, Annual General Meeting, Apr 28, 2022

Malakoff Corporation Berhad, Annual General Meeting, Apr 28, 2022

Malakoff Corporation Berhad Declares Final Dividend for the Financial Year Ended 31 December 2021, Payable on 02 June 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of RM0.031 per share

These 4 Measures Indicate That Malakoff Corporation Berhad (KLSE:MALAKOF) Is Using Debt Extensively

Second quarter 2021 earnings released: EPS RM0.024 (vs RM0.021 in 2Q 2020)

First quarter 2021 earnings released: EPS RM0.012 (vs RM0.018 in 1Q 2020)

Malakoff Corporation Berhad Provides Financial Guidance for the Financial Year Ending December 31, 2021

Upcoming dividend of RM0.023 per share

Malakoff Corporation Berhad (KLSE:MALAKOF) Hasn't Managed To Accelerate Its Returns

Non-Independent Non-Executive Director has left the company

Malakoff Corporation Berhad (KLSE:MALAKOF) Use Of Debt Could Be Considered Risky

Full year 2020 earnings released: EPS RM0.059 (vs RM0.057 in FY 2019)

Malakoff Corporation Berhad Recorded A 17% Miss On Revenue: Analysts Are Revisiting Their Models

Full year 2020 earnings released: EPS RM0.059 (vs RM0.056 in FY 2019)

Revenue and earnings miss expectations

A Look At Malakoff Corporation Berhad's (KLSE:MALAKOF) Share Price Returns

New 90-day low: RM0.88

What We Make Of Malakoff Corporation Berhad's (KLSE:MALAKOF) Returns On Capital