Seera Holding Group (TADAWUL:1810) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
SEERA 1810.SA | 0.00 |
Seera Holding Group (TADAWUL:1810) 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.س1.3b coming in 2.4% ahead of expectations, and statutory earnings per share of ر.س0.17, 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 Seera Holding Group after the latest results.
Taking into account the latest results, the current consensus, from the four analysts covering Seera Holding Group, is for revenues of ر.س4.59b in 2026. This implies a measurable 3.3% reduction in Seera Holding Group's revenue over the past 12 months. Statutory earnings per share are expected to decrease 6.2% to ر.س0.45 in the same period. In the lead-up to this report, the analysts had been modelling revenues of ر.س4.60b and earnings per share (EPS) of ر.س0.44 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
The consensus price target was unchanged at ر.س23.26, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Seera Holding Group at ر.س27.10 per share, while the most bearish prices it at ر.س20.50. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Seera Holding Group 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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 6.5% by the end of 2026. This indicates a significant reduction from annual growth of 27% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 7.1% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Seera Holding Group is expected to lag the wider industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Seera Holding Group's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at ر.س23.26, with the latest estimates not enough to have an impact on their price targets.
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 estimates - from multiple Seera Holding Group analysts - going out to 2028, and you can see them free on our platform here.
It might also be worth considering whether Seera Holding Group'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.
