KUALA LUMPUR: Gamuda Bhd’s orderbook could rise to RM60 billion by year-end, about 20 per cent above its target, as strong contract wins and a visible pipeline support earnings growth, according to CGS International Securities Malaysia Sdn Bhd.
Gamuda Bhd's orderbook could potentially reach RM60 billion by year-end, surpassing its target by approximately 20%, according to CGS International Securities Malaysia Sdn Bhd. The construction division is valued at 19 times FY27 earnings, and the latest Australian contract worth A$624 million (around RM1.8 billion) has boosted Gamuda's FY27 order wins to RM10.2 billion, increasing its orderbook to RM62.5 billion as of September 2026.
Analysts predict that Gamuda's orderbook will hit the RM60 billion mark by the end of CY26, driven by a strong project pipeline and earnings growth.
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