Mr D.I.Y. Group (M) Berhad Just Missed Earnings - But Analysts Have Updated Their Models


Mr D.I.Y. Group (M) Berhad Just Missed Earnings - But Analysts Have Updated Their Models

The analysts might have been a bit too bullish on Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY), given that the company fell short of expectations when it released its third-quarter results last week. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at RM1.1b, statutory earnings missed forecasts by an incredible 22%, coming in at just RM0.013 per share. 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.

See our latest analysis for Mr D.I.Y. Group (M) Berhad

Taking into account the latest results, the most recent consensus for Mr D.I.Y. Group (M) Berhad from 14 analysts is for revenues of RM5.72b in 2025. If met, it would imply a substantial 24% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 27% to RM0.078. Before this earnings report, the analysts had been forecasting revenues of RM5.80b and earnings per share (EPS) of RM0.08 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

The consensus price target held steady at RM2.42, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Mr D.I.Y. Group (M) Berhad, with the most bullish analyst valuing it at RM2.74 and the most bearish at RM2.09 per share. This is a very narrow spread of estimates, implying either that Mr D.I.Y. Group (M) Berhad is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Mr D.I.Y. Group (M) Berhad'shistorical trends, as the 19% annualised revenue growth to the end of 2025 is roughly in line with the 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 9.6% annually. So it's pretty clear that Mr D.I.Y. Group (M) Berhad is forecast to grow substantially faster than its industry.

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