Latest news with #BermazAuto
Yahoo
15-06-2025
- Automotive
- Yahoo
Bermaz Auto Berhad Just Missed EPS By 8.1%: Here's What Analysts Think Will Happen Next
The analysts might have been a bit too bullish on Bermaz Auto Berhad (KLSE:BAUTO), given that the company fell short of expectations when it released its full-year results last week. Results look to have been somewhat negative - revenue fell 6.4% short of analyst estimates at RM2.6b, and statutory earnings of RM0.13 per share missed forecasts by 8.1%. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Taking into account the latest results, the 14 analysts covering Bermaz Auto Berhad provided consensus estimates of RM2.48b revenue in 2026, which would reflect a noticeable 5.3% decline over the past 12 months. Statutory earnings per share are forecast to fall 14% to RM0.12 in the same period. In the lead-up to this report, the analysts had been modelling revenues of RM2.85b and earnings per share (EPS) of RM0.15 in 2026. It looks like sentiment has declined substantially in the aftermath of these results, with a substantial drop in revenue estimates and a pretty serious reduction to earnings per share numbers as well. View our latest analysis for Bermaz Auto Berhad It'll come as no surprise then, to learn that the analysts have cut their price target 25% to RM0.96. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Bermaz Auto Berhad analyst has a price target of RM1.26 per share, while the most pessimistic values it at RM0.64. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 5.3% annualised decline to the end of 2026. That is a notable change from historical growth of 15% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 7.6% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Bermaz Auto Berhad is expected to lag the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Bermaz Auto Berhad. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Bermaz Auto Berhad's future valuation. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Bermaz Auto Berhad analysts - going out to 2028, and you can see them free on our platform here. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Bermaz Auto Berhad (1 shouldn't be ignored) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Free Malaysia Today
13-06-2025
- Automotive
- Free Malaysia Today
Bermaz Auto stung by Chinese cars, skids to 5-year low
Bermaz Auto's Q4 FY2025 net profit crashed 76.5% to RM21.2 million from RM90.2 million a year ago. (Bernama pic) PETALING JAYA : Bermaz Auto Bhd's shares tumbled to its lowest in nearly five years after its net profit for the fourth quarter ended April 30 (Q4 FY2025) crashed 76.5% to RM21.2 million from RM90.2 million a year ago. This was its lowest quarterly profit in three years as revenue dropped 43.6% to RM528.7 million from RM937.5 million. For the full year, net profit fell 55% to RM155.9 million from RM345.6 million, as revenue dropped nearly 30% to RM2.62 billion from RM3.9 billion. Bermaz, which mainly assembles Mazda and Kia vehicles, attributed the steep drop in profit largely to China-made vehicles flooding into the local market. 'The continuous influx of Chinese vehicles had also impacted the sales of other marques in the country,' it said in a bourse filing yesterday. The automotive company's poor results disappointed investors and analysts alike, leading to a plunge in its share price today. The stock fell as much as 11.3% or 11 sen to 82 sen, its lowest level since late 2020. At this price, the company has a market capitalisation of RM962 million. Since the end of 2024, Bermaz has been on a downtrend as rising popularity of Chinese car brands among Malaysians has eroded sales of its Japanese-made Mazda and Korean-made Kia vehicles. Year to date, its shares have slumped 48%, wiping out half of the company's value. Hong Leong Investment Bank downgraded the stock to 'sell', stating competition in Malaysia and the Philippines is expected to intensify with the influx of Chinese manufacturers 'offering feature-rich models at competitive prices'. Bermaz has sought to mitigate the impact of Chinese brands in the domestic market by offering Chinese marques, having secured the distribution rights to Xpeng and Deepal cars, which are mainly electric vehicles. In a note, Apex Securities said sales of XPeng vehicles, while appearing promising, have yet to contribute significantly to offset the slide in Mazda and Kia sales. The research house downgraded Bermaz to 'hold' from 'buy', highlighting the 'intense competition' in the industry and weaker sales across key locally assembled models. The outlook remains murky with Bermaz anticipating its performance to be challenging for the financial year ending April 30, 2026, its filing said. Total vehicle sales in Malaysia for the first four months dropped 5.4% to 248,730 units from 263,050 units in the same period last year, according to Malaysian Automotive Association data.
Malaysian Reserve
13-06-2025
- Automotive
- Malaysian Reserve
Bermaz Auto downgraded to Hold, target price lowered to 93 sen
Bermaz Auto Bhd 4QFY25 core net profit of RM21.9m down (-12.5% quarter-on-quarter, 55.6% year-on-year) came in below expectations, with FY25 core net profit accounted for 61% of our full-year forecasts and 93% of consensus estimates. The earnings miss mainly due to weaker-than-expected vehicle sales across key completely knocked down (CKD) models. The group declared a fourth interim dividend of 1.5 sen (4QFY24: 11.75 sen), bringing FY25 dividend per share to 16.75 sen (FY24: 26.0 sen). We have trimmed our FY26F and FY27F earnings by 47% and 45% respectively to account for the stiffer competition in the non-national segment and weaker forecasted sales across key CKD models. We downgrade Bermaz Auto to Hold (from Buy) with a lower target price of 93 sen (from RM1.40) pegged to 7.3x price-to-earnings multiple on FY27F earnings per share of 12.78 sen. – APEX Securities (June 13, 2025) (Calls by analysts tracked by Bloomberg: 4 Buy, 10 Hold, 2 Sell; Consensus target price: RM1.10)
The Sun
11-06-2025
- Automotive
- The Sun
Sarjit Singh: Wales friendly match a final test for players
SHAH ALAM: National men's hockey squad head coach Sarjit Singh wants to make the friendly match against Wales this Friday as the players' final test ground before the 2025 Nations Cup. He said the match will see all 20 players given the opportunity to play as a continuation of the two previous tours. 'We will give all 20 players who will play in the Nations Cup just a try run for them because we have already been to the Australia Tour and the South Korea Tour. 'So far the players' motivation is very high. I have been with this team for almost a year now so we understand each other and this team is getting better and better,' he said. He said this when met at the handover ceremony of 10 Mazda vehicles by Bermaz Auto to the Malaysian Hockey Confederation (MHC). The vehicles will be used by officials involved throughout the Nations Cup Championship from June 15 to 21. Meanwhile, Sarjit said that his team is focusing on the first two matches against Pakistan this Sunday and New Zealand the next day as benchmarks before determining targets for the squad in the competition. 'If we win, we will definitely go to the semi-finals but all the teams will also want to win,' he said. Malaysia were drawn in Group B together with New Zealand, Japan and Pakistan, while Group A comprises France, South Africa, South Korea and Wales. Malaysia finished seventh in the last edition in Gniezno, Poland.
The Sun
11-06-2025
- Automotive
- The Sun
Speedy Tigers to get final test in friendly match against Wales
SHAH ALAM: National men's hockey squad head coach Sarjit Singh wants to make the friendly match against Wales this Friday as the players' final test ground before the 2025 Nations Cup. He said the match will see all 20 players given the opportunity to play as a continuation of the two previous tours. 'We will give all 20 players who will play in the Nations Cup just a try run for them because we have already been to the Australia Tour and the South Korea Tour. 'So far the players' motivation is very high. I have been with this team for almost a year now so we understand each other and this team is getting better and better,' he said. He said this when met at the handover ceremony of 10 Mazda vehicles by Bermaz Auto to the Malaysian Hockey Confederation (MHC). The vehicles will be used by officials involved throughout the Nations Cup Championship from June 15 to 21. Meanwhile, Sarjit said that his team is focusing on the first two matches against Pakistan this Sunday and New Zealand the next day as benchmarks before determining targets for the squad in the competition. 'If we win, we will definitely go to the semi-finals but all the teams will also want to win,' he said. Malaysia were drawn in Group B together with New Zealand, Japan and Pakistan, while Group A comprises France, South Africa, South Korea and Wales. Malaysia finished seventh in the last edition in Gniezno, Poland.
