As you might know, Farm Fresh Berhad (KLSE:FFB) just kicked off its latest quarterly results with some very strong numbers. The company beat expectations with revenues of RM249m arriving 7.2% ahead of forecasts. Statutory earnings per share (EPS) were RM0.014, 7.3% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
View our latest analysis for Farm Fresh Berhad
Following the latest results, Farm Fresh Berhad's eleven analysts are now forecasting revenues of RM996.3m in 2025. This would be a decent 8.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to swell 16% to RM0.06. Yet prior to the latest earnings, the analysts had been anticipated revenues of RM969.3m and earnings per share (EPS) of RM0.059 in 2025. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a small increase to to revenue forecasts.
The analysts increased their price target 6.9% to RM1.93, perhaps signalling that higher revenues are a strong leading indicator for Farm Fresh Berhad's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Farm Fresh Berhad at RM2.11 per share, while the most bearish prices it at RM1.25. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 18% growth on an annualised basis. That is in line with its 22% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.3% annually. So although Farm Fresh Berhad is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.