Oasis Home Holding Berhad Just Beat Revenue Estimates By 16%
It's been a pretty great week for Oasis Home Holding Berhad (KLSE:OHM) shareholders, with its shares surging 10% to RM0.43 in the week since its latest full-year results. Oasis Home Holding Berhad beat revenue forecasts by a solid 16% to hit RM99m. Statutory earnings per share came in at RM0.026, 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Taking into account the latest results, the consensus forecast from Oasis Home Holding Berhad's two analysts is for revenues of RM125.2m in 2027. This reflects a huge 26% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to leap 30% to RM0.034. Before this earnings report, the analysts had been forecasting revenues of RM106.5m and earnings per share (EPS) of RM0.031 in 2027. The analysts seem more optimistic after the latest results, with a nice gain to revenue and a slight bump in earnings per share estimates.
See our latest analysis for Oasis Home Holding Berhad
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of RM0.56, suggesting that the forecast performance does not have a long term impact on the company's valuation.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Oasis Home Holding Berhad's past performance and to peers in the same industry. 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. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.1% per year. So it's pretty clear that Oasis Home Holding Berhad is forecast to grow substantially faster than its industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Oasis Home Holding Berhad's earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at RM0.56, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Oasis Home Holding Berhad going out as far as 2029, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 1 warning sign for Oasis Home Holding Berhad that you should be aware of.
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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.