Muhi.Kl
MUHI.KL provides construction and engineering services, primarily generating revenue through project-based contracts in the industrial and commercial sectors.
Business. MUHI.KL provides construction and engineering services, primarily generating revenue through project-based contracts in the industrial and commercial sectors.
Analyst recommendations
2 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
MUHI.KL provides construction and engineering services, primarily generating revenue through project-based contracts in the industrial and commercial sectors.
MUHI.KL has a debt-to-equity ratio of 0.6, indicating a relatively conservative capital structure. The company's liquidity is assessed as medium, with a current ratio of 1.25, suggesting it can cover its short-term obligations but with limited buffer. Free cash flow stands at MYR 114.49 million, which is slightly higher than operating cash flow of MYR 113.66 million, indicating efficient working capital management.
Profitability metrics show a return on equity (ROE) of 5.71% and a return on assets (ROA) of 2.24%. These figures are below the industry median for construction and engineering firms, which typically report ROE in the 7-9% range and ROA in the 3-4% range. The company's net income of MYR 80.33 million and operating income of MYR 74.97 million suggest moderate profitability, but the ROA and ROE figures indicate room for improvement in asset utilization and equity returns.
The company's revenue is concentrated in the construction and engineering services segment, with no disclosed geographic diversification. This concentration increases exposure to regional economic fluctuations and regulatory changes. The lack of segment or geographic breakdown in the financial data limits the ability to assess diversification risk.
Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or decline projected in the next fiscal year. Capital expenditure of MYR -46.85 million indicates a reduction in investment, which may signal a focus on cost control or a slowdown in new projects. The absence of strong buy recommendations from analysts and a mean recommendation of 2.50 (a "hold") suggests a cautious outlook.
Risk factors include medium liquidity risk, as the company has negative net cash after subtracting total debt. The dilution risk is assessed as low, with no near-term pressure from share issuance. However, the company's reliance on project-based contracts and exposure to construction sector volatility remain key risks.
Recent events include the publication of the latest financial data, which shows a stable but modest performance. No significant corporate actions or regulatory changes have been disclosed in the recent filings or transcripts. Analysts have provided a range of price targets, with a mean of MYR 0.68 and a median of MYR 0.68, indicating a neutral market sentiment.
- MUHI.KL maintains a conservative capital structure with a debt-to-equity ratio of 0.6.
- The company's ROE of 5.71% and ROA of 2.24% are below industry medians, indicating room for improvement in asset utilization and equity returns.
- Revenue is concentrated in the construction and engineering services segment, with no geographic diversification disclosed.
- Analysts have provided a neutral outlook, with a mean recommendation of 2.50 and a price target range of MYR 0.54 to MYR 0.81.
- The company faces medium liquidity risk and is expected to maintain a stable revenue trajectory with no significant growth or decline projected.
- "margin_outlook_rationale": "The company's operating margin is expected to remain stable due to consistent project execution and cost control measures.",
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,08 |
| Revenue | —no estimate | —no estimate | 1,4B MYR |
| Operating income | —no estimate | —no estimate | 93,5M MYR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
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- Market data
- Market data cache
- Issuer disclosures
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- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- MUHI.KL Market data — financials · 2026-05-28
- Muhibbah Engineering (M) Bhd Market data — analyst estimates · 2026-05-28