Malaysian (KLSE) Energy Sector Analysis
- 7D-4.0%
- 3M-3.3%
- 1Y-16.9%
- YTD-20.1%
Over the last 7 days, the Energy industry has dropped 5.1%, driven by a pullback from Dialog Group Berhad of 9.5%. However, the industry is down 19% over the past year.
Sector Valuation and Performance
Has the Malaysian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | RM55.8b | RM66.5b | RM426.7m | 12.9x |
| Thu, 28 Oct 2021 | RM61.3b | RM65.7b | RM59.3m | 15.8x |
| Sat, 25 Sep 2021 | RM53.4b | RM66.4b | RM1.7b | 13x |
| Mon, 23 Aug 2021 | RM54.4b | RM66.4b | RM1.8b | 13.2x |
| Sat, 10 Jul 2021 | RM57.4b | RM66.4b | RM1.8b | 14x |
| Fri, 02 Apr 2021 | RM66.4b | RM60.7b | RM961.0m | 19.1x |
| Mon, 04 Jan 2021 | RM68.7b | RM63.9b | -RM3,793,686,826.00 | 20.4x |
| Thu, 08 Oct 2020 | RM64.4b | RM68.3b | -RM3,801,110,197.00 | 16x |
| Wed, 01 Jul 2020 | RM65.3b | RM74.6b | -RM3,614,536,811.00 | 11.8x |
| Sat, 04 Apr 2020 | RM57.3b | RM84.5b | -RM2,819,300,684.00 | 6.6x |
| Tue, 07 Jan 2020 | RM79.7b | RM84.5b | RM63.8m | 15.1x |
| Mon, 30 Sep 2019 | RM76.9b | RM83.1b | -RM1,970,172,551.00 | 13.4x |
| Thu, 04 Jul 2019 | RM76.0b | RM80.9b | -RM2,934,306,551.00 | 13.5x |
| Sun, 07 Apr 2019 | RM74.1b | RM80.4b | -RM3,595,312,772.00 | 14.8x |
| Wed, 09 Jan 2019 | RM66.9b | RM79.3b | -RM4,519,376,828.00 | 14.4x |
14.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Total earnings for the Energy industry have gone up over the last three years, and the industry is now profitable. However revenues have declined 5.6% per year. This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Malaysian Energy sector?
| Oil and Gas | -1.91% | |
| Energy Services | -5.54% | |
Industry PE: Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 14.8x. However analysts expect its future annual earnings growth (21%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Oil and Gas industry, which is trading close to its 3-year average of 13.8x.
Forecasted Growth: Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 21% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Oil and Gas industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BARAKAH Barakah Offshore Petroleum Berhad | 13.3%+RM10.0m | 88.9% | PE0.5x |