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Malaysian (KLSE) Energy Services Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies23
- 7D-2.6%
- 3M-8.4%
- 1Y-31.3%
- YTD-28.7%
Over the last 7 days, the Energy Services industry has dropped 2.6%, driven by a decline by Dialog Group Berhad of 2.0%. However, the industry is down 31% over the past year.
Industry Valuation and Performance
Has the Malaysian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | RM31.1b | RM28.2b | -RM633,366,171.00 | 13.4x |
| Mon, 01 Nov 2021 | RM34.7b | RM28.5b | -RM1,015,752,699.00 | 16.2x |
| Wed, 29 Sep 2021 | RM31.8b | RM29.2b | RM644.2m | 14.6x |
| Fri, 27 Aug 2021 | RM33.1b | RM29.2b | RM668.8m | 16.8x |
| Sat, 03 Jul 2021 | RM34.2b | RM29.2b | RM668.8m | 16.2x |
| Tue, 06 Apr 2021 | RM41.6b | RM28.3b | RM218.4m | 19.9x |
| Fri, 08 Jan 2021 | RM42.4b | RM29.5b | -RM3,981,314,018.00 | 20.4x |
| Thu, 01 Oct 2020 | RM41.5b | RM27.6b | -RM3,966,613,395.00 | 16x |
| Sun, 05 Jul 2020 | RM41.1b | RM28.2b | -RM3,665,066,009.00 | 11.8x |
| Wed, 08 Apr 2020 | RM33.8b | RM29.0b | -RM3,276,782,882.00 | 6.6x |
| Tue, 31 Dec 2019 | RM51.9b | RM27.7b | -RM1,043,421,282.00 | 16.5x |
| Fri, 04 Oct 2019 | RM48.3b | RM26.7b | -RM2,894,905,646.00 | 13.3x |
| Mon, 08 Jul 2019 | RM45.0b | RM25.1b | -RM3,920,373,646.00 | 13.5x |
| Sun, 31 Mar 2019 | RM43.0b | RM24.6b | -RM5,003,877,867.00 | 15.3x |
| Wed, 02 Jan 2019 | RM35.3b | RM23.6b | -RM5,970,207,923.00 | 14.4x |
PE Ratio
14.4x
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 14.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Energy Services industry have improved over the last three years, and revenues for these companies have grown 6.1% per year. This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Energy Services industry?
| Oil and Gas Services | -2.51% | |
| Oil and Gas Drilling | -3.85% | |
Industry PE: Investors are most optimistic about the Oil and Gas Services industry, which is trading close to its 3-year average PE ratio of 14.1x. However analysts are expecting annual earnings growth of 18%, which is lower than the prior year's growth of 23% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 64% over the next 5 years. Meanwhile, the Oil and Gas Services industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|
| PERDANA Perdana Petroleum Berhad | 4.5%+RM11.1m | -36.1% | PS1.7x | |
| T7GLOBAL T7 Global Berhad | 4.3%+RM9.2m | -22.3% | PE18.4x | |
| BARAKAH Barakah Offshore Petroleum Berhad | 6.7%+RM5.0m | 60.0% | PE0.5x |
