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Malaysian (KLSE) Energy Services Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies23
- 7D0.4%
- 3M1.1%
- 1Y25.5%
- YTD4.9%
The Energy Services industry has been flat over the last week, but Sapura Energy Berhad has lost 18%. The past year has been better, since the industry has gained 25% in that time. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Malaysian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | RM31.7b | RM27.7b | RM979.7m | 9.9x | 32.4x | 1.1x |
| Tue, 26 Sep 2023 | RM32.4b | RM26.2b | RM883.4m | 11.9x | 36.6x | 1.2x |
| Thu, 24 Aug 2023 | RM30.8b | RM25.2b | RM255.6m | 9.4x | 120.5x | 1.2x |
| Sat, 22 Jul 2023 | RM31.0b | RM24.5b | RM639.9m | 9.7x | 48.4x | 1.3x |
| Mon, 19 Jun 2023 | RM29.7b | RM22.2b | RM503.4m | 10.8x | 59x | 1.3x |
| Wed, 17 May 2023 | RM31.0b | RM21.4b | RM417.2m | 12.7x | 74.4x | 1.5x |
| Fri, 14 Apr 2023 | RM33.4b | RM21.4b | RM422.9m | 13.6x | 79x | 1.6x |
| Sun, 12 Mar 2023 | RM32.4b | RM20.1b | RM452.0m | 13.9x | 71.7x | 1.6x |
| Tue, 07 Feb 2023 | RM34.1b | RM19.1b | -RM739,460,229.00 | 15.9x | -46.2x | 1.8x |
| Thu, 05 Jan 2023 | RM30.0b | RM19.8b | -RM656,704,188.00 | 14.9x | -45.7x | 1.5x |
| Sat, 03 Dec 2022 | RM30.1b | RM19.4b | -RM664,002,188.00 | 17.7x | -45.3x | 1.6x |
| Mon, 31 Oct 2022 | RM25.1b | RM18.6b | -RM944,943,466.00 | 16.3x | -26.6x | 1.4x |
| Wed, 28 Sep 2022 | RM26.1b | RM18.6b | -RM944,943,466.00 | 16.5x | -27.6x | 1.4x |
| Fri, 26 Aug 2022 | RM27.4b | RM22.2b | -RM73,733,225.00 | 14.4x | -371.1x | 1.2x |
| Sun, 24 Jul 2022 | RM25.2b | RM21.8b | -RM206,470,225.00 | 14x | -121.9x | 1.2x |
| Tue, 21 Jun 2022 | RM23.8b | RM21.8b | -RM214,470,225.00 | 11.6x | -111x | 1.1x |
| Thu, 19 May 2022 | RM27.5b | RM21.4b | -RM167,940,153.00 | 14.1x | -163.8x | 1.3x |
| Sat, 16 Apr 2022 | RM28.5b | RM15.4b | -RM44,052,712.00 | 13.4x | -647.3x | 1.8x |
| Mon, 14 Mar 2022 | RM30.3b | RM26.8b | -RM2,656,521,771.00 | 12.7x | -11.4x | 1.1x |
| Wed, 09 Feb 2022 | RM33.0b | RM26.9b | -RM1,948,872,817.00 | 15.9x | -17x | 1.2x |
| Fri, 07 Jan 2022 | RM32.0b | RM26.9b | -RM1,324,993,171.00 | 29.9x | -24.1x | 1.2x |
| Sun, 05 Dec 2021 | RM30.7b | RM28.2b | -RM635,446,171.00 | 13.4x | -48.2x | 1.1x |
| Tue, 02 Nov 2021 | RM34.5b | RM28.5b | -RM1,015,752,699.00 | 15.9x | -34x | 1.2x |
| Thu, 30 Sep 2021 | RM31.8b | RM29.2b | RM652.2m | 14.2x | 48.7x | 1.1x |
| Sat, 28 Aug 2021 | RM33.1b | RM29.2b | RM668.8m | 16.8x | 49.5x | 1.1x |
| Sun, 04 Jul 2021 | RM34.2b | RM29.2b | RM668.8m | 16.2x | 51.1x | 1.2x |
| Wed, 07 Apr 2021 | RM41.6b | RM28.3b | RM218.4m | 19.9x | 190.4x | 1.5x |
| Sat, 09 Jan 2021 | RM42.4b | RM29.5b | -RM3,981,314,018.00 | 20.4x | -10.7x | 1.4x |
Price to Earnings Ratio
-10.2x
Current Industry PE
- Investors are pessimistic on the Malaysian Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 32.4x which is lower than its 3-year average PE of 41.6x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Energy Services industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Malaysian Energy industry?
| MY Market | 0.11% | |
| Energy | -0.14% | |
| Energy Services | 0.41% | |
| Oil and Gas Drilling | 3.92% | |
| Oil and Gas Services | 0.16% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 36.9% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 64.1x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 37% over the next 5 years.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DIALOG Dialog Group Berhad | RM2.15 | 1.4% +RM169.3m | 12.6% | PE23.8x | |
| VELESTO Velesto Energy Berhad | RM0.27 | 3.9% +RM82.2m | 120.8% | PE105.7x | |
| KNM KNM Group Berhad | RM0.10 | 5.0% +RM20.2m | 10.5% | PS0.4x | |
| T7GLOBAL T7 Global Berhad | RM0.48 | 3.2% +RM11.1m | 47.7% | PE13.9x | |
| PERDANA Perdana Petroleum Berhad | RM0.24 | 2.1% +RM11.1m | 166.7% | PE16.5x |
