MN Holdings Berhad (KLSE:MNHLDG) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year’s statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that MN Holdings Berhad will make substantially more sales than they’d previously expected. The market may be pricing in some blue sky too, with the share price gaining 11% to RM1.33 in the last 7 days. We’ll be curious to see if these new estimates convince the market to lift the stock price higher still.
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Following the upgrade, the current consensus from MN Holdings Berhad’s twin analysts is for revenues of RM530m in 2025 which – if met – would reflect a major 50% increase on its sales over the past 12 months. Per-share earnings are expected to bounce 45% to RM0.073. Prior to this update, the analysts had been forecasting revenues of RM465m and earnings per share (EPS) of RM0.068 in 2025. The forecasts seem more optimistic now, with a nice increase in revenue and a modest lift to earnings per share estimates.
Check out our latest analysis for MN Holdings Berhad
Despite these upgrades, the analysts have not made any major changes to their price target of RM1.73, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth.
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 period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 50% growth on an annualised basis. That is in line with its 57% annual growth over the past year. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 14% annually. So although MN Holdings Berhad is expected to maintain its revenue growth rate, it’s definitely expected to grow faster than the wider industry.
The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at MN Holdings Berhad.
Analysts are clearly in love with MN Holdings Berhad at the moment, but before diving in – you should be aware that we’ve identified some warning flags with the business, such as dilutive stock issuance over the past year. For more information, you can click through to our platform to learn more about this and the 1 other risk we’ve identified .
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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.