The full-year results for AMMB Holdings Berhad( KLSE:AMBANK ) were released last week, making it a good time to revisit its performance. It was a credible result overall, with revenues of RM5.0b and statutory earnings per share of RM0.64 both in line with analyst estimates, showing that AMMB Holdings Berhad is executing in line with expectations. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
After the latest results, the 16 analysts covering AMMB Holdings Berhad are now predicting revenues of RM5.37b in 2027. If met, this would reflect a credible 7.5% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 2.6% to RM0.65. In the lead-up to this report, the analysts had been modelling revenues of RM5.38b and earnings per share (EPS) of RM0.66 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for AMMB Holdings Berhad
It will come as no surprise then, to learn that the consensus price target is largely unchanged at RM7.01. 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. Currently, the most bullish analyst values AMMB Holdings Berhad at RM8.20 per share, while the most bearish prices it at RM4.50. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
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. We can infer from the latest estimates that forecasts expect a continuation of AMMB Holdings Berhad'shistorical trends, as the 7.5% annualised revenue growth to the end of 2027 is roughly in line with the 9.2% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.1% annually. So although AMMB Holdings Berhad is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for AMMB Holdings Berhad going out to 2029, and you can see them free on our platform here. .
Before you take the next step you should know about the 1 warning sign for AMMB Holdings Berhad that we have uncovered.
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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.
