News Flash: Analysts Just Made A Sizeable Upgrade To Their Oasis Home Holding Berhad (KLSE:OHM) Forecasts

Oasis Home Holding Berhad (KLSE:OHM) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Investor sentiment seems to be improving too, with the share price up 4.9% to RM0.42 over the past 7 days. It will be interesting to see if this latest upgrade is enough to kickstart further buying interest in the stock.

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Following the upgrade, the current consensus from Oasis Home Holding Berhad's twin analysts is for revenues of RM125m in 2027 which - if met - would reflect a substantial 26% increase on its sales over the past 12 months. Statutory earnings per share are presumed to soar 30% to RM0.034. Prior to this update, the analysts had been forecasting revenues of RM106m and earnings per share (EPS) of RM0.031 in 2027. The most recent forecasts are noticeably more optimistic, with a nice gain to revenue estimates and a lift to earnings per share as well.

Check out our latest analysis for Oasis Home Holding Berhad

Despite these upgrades, the analysts have not made any major changes to their price target of RM0.56, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 26% growth on an annualised basis. That is in line with its 26% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.1% annually. So although Oasis Home Holding Berhad is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Oasis Home Holding Berhad.

Better yet, our automated discounted cash flow calculation (DCF) suggests Oasis Home Holding Berhad could be moderately undervalued. You can learn more about our valuation methodology on our platform here.

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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.