KLSE:MSM Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, KLSE:MSM stock has a consensus rating of "Sell" and an average price target of RM 0.65. The average 1-year stock price forecast is 12.16% lower than the current stock price, while the lowest is RM 0.50 (-32.43%) and the highest is RM 0.80 (+8.11%).

Price Target: RM 0.65 (-12.16%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	RM 0.50	RM 0.65	RM 0.65	RM 0.80
Change	-32.43%	-12.16%	-12.16%	+8.11%

Analyst Ratings

The average analyst rating for KLSE:MSM stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Feb '25	May '25	Aug '25	Dec '25	Feb '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	1	0	0	0	0	0
Hold	1	2	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	2	1	1	1
Total	2	2	2	2	2	2

Financial Forecast

Revenue This Year

2.88B

from 3.09B

-6.90%

from 3.09B

Revenue Next Year

3.00B

from 2.88B

4.21%

from 2.88B

EPS This Year

0.02

from -0.05

EPS Next Year

0.02

from 0.02

50.00%

from 0.02

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.26B	2.57B	3.09B	3.54B	3.09B	2.88B
Revenue Growth	3.44%	13.55%	20.47%	14.67%	-12.70%	-6.90%
Operating Income	95.26M	-146.09M	-22.34M	110.53M	20.31M	16.95M
Net Income	125.35M	-178.71M	-49.88M	31.25M	-397.25M	-18.10M
EPS	-	-	-	-	-0.05	0.02
Forward PE	9.73	-	7.99	13.67	23.54	46.25
Dividend / Share	0.03	-	-	-	-	0.03
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue	2026	2027	2028
High	3.1B
Avg	2.9B
Low	2.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.3%
Avg	-6.9%
Low	-15.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.02
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-