BinDawood Holding Company (TADAWUL:4161) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It was a workmanlike result, with revenues of ر.س1.6b coming in 6.6% ahead of expectations, and statutory earnings per share of ر.س0.24, in line with analyst appraisals. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on BinDawood Holding after the latest results.

Taking into account the latest results, the current consensus from BinDawood Holding's four analysts is for revenues of ر.س6.83b in 2026. This would reflect a reasonable 2.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 2.6% to ر.س0.24. In the lead-up to this report, the analysts had been modelling revenues of ر.س6.64b and earnings per share (EPS) of ر.س0.21 in 2026. So it seems there's been a definite increase in optimism about BinDawood Holding's future following the latest results, with a decent improvement in the earnings per share forecasts in particular.

Despite these upgrades,the analysts have not made any major changes to their price target of ر.س5.24, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. 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 BinDawood Holding at ر.س5.90 per share, while the most bearish prices it at ر.س4.60. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting BinDawood Holding is an easy business to forecast or the the analysts are all using similar assumptions.

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 BinDawood Holding's revenue growth is expected to slow, with the forecast 5.2% annualised growth rate until the end of 2026 being well below the historical 8.5% p.a. growth over the last five years. Compare this to the 10 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 5.8% per year. So it's pretty clear that, while BinDawood Holding's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around BinDawood Holding's earnings potential next year. They also upgraded their revenue forecasts, although the latest estimates suggest that BinDawood Holding will grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for BinDawood Holding going out to 2028, and you can see them free on our platform here.

It might also be worth considering whether BinDawood Holding's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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.