CIMB names IHH Healthcare stock a top pick at MYR 10.30

Published on 10/14/2026 at 03:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter core revenue reached MYR 6.90 billion, with EBITDA at MYR 1.60 billion. MYR 675 million PATMI frames IHH Healthcare stock.

Analyst choice and operating figures

CIMB assigned IHH Healthcare a MYR 10.30 target on September 25, 2026.
Core revenue reached MYR 6.90 billion in the second quarter of 2026.
PATMI reached MYR 675 million, up 30 percent in the second quarter of 2026.

IHH Healthcare, MYL5225OO007, Illustration mit AI erstellt.

CIMB had named IHH Healthcare stock its sector top pick with a MYR 10.30 target on September 25, 2026, as The Star reported. The recommendation followed second-quarter results that showed core revenue of MYR 6.90 billion and core EBITDA of MYR 1.60 billion.

Three dated operating signals

On August 26, 2026, IHH Healthcare's results call reported second-quarter revenue growth of 19 percent and EBITDA growth of 25 percent on a constant-currency basis, according to Yahoo Finance. The same call said an interim dividend of MYR 0.055 per share had been declared for the first half of 2026.

On September 22, 2026, Macquarie retained its outperform view and raised its target to MYR 11.10, one of the highest targets among 26 analysts tracked by Bloomberg, according to The Edge Malaysia. On September 25, 2026, CIMB's MYR 10.30 target and buy call made IHH its new sector top pick, The Star reported.

What does the target mean?

The operating figures provide the answer: PATMI excluding exceptional items rose 30 percent to MYR 675 million in the second quarter of 2026, while the core EBITDA margin reached 23 percent, according to Yahoo Finance. Management maintained core EBITDA margin guidance at 22 percent to 24 percent for the remainder of 2026.

The growth is spread across several markets. In the second quarter of 2026, Malaysia revenue grew 15 percent and Malaysia EBITDA grew 29 percent on a constant-currency basis, while Singapore occupancy improved to 51 percent from its first-quarter low, according to the results call. The figures explain why analyst attention is centered on earnings visibility rather than a single hospital market.

Last dated Bursa Malaysia close

IHH Healthcare closed at MYR 8.00 on Bursa Malaysia on September 22, 2026. The gap between that dated close and CIMB's MYR 10.30 target is a historical comparison, not a current euro quotation or a recommendation.