The yearly results for Padini Holdings Berhad (KLSE:PADINI) were released last week, making it a good time to revisit its performance. It was not a great result overall. Although revenues beat expectations, hitting RM1.9b, statutory earnings missed analyst forecasts by 13%, coming in at just RM0.22 per share. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
See our latest analysis for Padini Holdings Berhad
Taking into account the latest results, Padini Holdings Berhad's nine analysts currently expect revenues in 2025 to be RM1.95b, approximately in line with the last 12 months. Per-share earnings are expected to grow 18% to RM0.26. In the lead-up to this report, the analysts had been modelling revenues of RM1.94b and earnings per share (EPS) of RM0.29 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.
The average price target fell 8.4% to RM3.68, with reduced earnings forecasts clearly tied to a lower valuation estimate. 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 Padini Holdings Berhad at RM4.30 per share, while the most bearish prices it at RM3.24. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
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 would highlight that Padini Holdings Berhad's revenue growth is expected to slow, with the forecast 1.5% annualised growth rate until the end of 2025 being well below the historical 4.9% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 11% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Padini Holdings Berhad.