BinDawood Holding Company (TADAWUL:4161) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

The analysts might have been a bit too bullish on BinDawood Holding Company (TADAWUL:4161), given that the company fell short of expectations when it released its yearly results last week. BinDawood Holding missed analyst forecasts, with revenues of ر.س5.7b and statutory earnings per share (EPS) of ر.س0.24, falling short by 2.4% and 3.8% respectively. 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.

After the latest results, the four analysts covering BinDawood Holding are now predicting revenues of ر.س6.17b in 2025. If met, this would reflect a decent 8.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 7.4% to ر.س0.26. Yet prior to the latest earnings, the analysts had been anticipated revenues of ر.س6.18b and earnings per share (EPS) of ر.س0.28 in 2025. 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 minor downgrade to their earnings per share forecasts.

See our latest analysis for BinDawood Holding

It might be a surprise to learn that the consensus price target was broadly unchanged at ر.س7.36, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. 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. There are some variant perceptions on BinDawood Holding, with the most bullish analyst valuing it at ر.س9.50 and the most bearish at ر.س5.13 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

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. The analysts are definitely expecting BinDawood Holding's growth to accelerate, with the forecast 8.6% annualised growth to the end of 2025 ranking favourably alongside historical growth of 3.3% per annum 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 6.7% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect BinDawood Holding to grow faster 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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ر.س7.36, with the latest estimates not enough to have an impact on their price targets.

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 forecasts for BinDawood Holding 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 BinDawood Holding .

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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.