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Malaysian (KLSE) Energy Services Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies22
  • 7D2.6%
  • 3M3.3%
  • 1Y-1.3%
  • YTD3.5%

In the last week, the Energy Services industry is up 2.6%, with Dialog Group Berhad up 2.3%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 1.7% annually.

Industry Valuation and Performance

Has the Malaysian Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026RM 31.9bRM 26.5bRM 7.0b6.7x4.6x1.2x
Mon, 19 Jan 2026RM 31.5bRM 26.6bRM 6.7b6.9x4.7x1.2x
Wed, 17 Dec 2025RM 30.4bRM 26.6bRM 6.7b6.7x4.5x1.1x
Fri, 14 Nov 2025RM 29.8bRM 23.3bRM 3.0b7.4x10.1x1.3x
Sun, 12 Oct 2025RM 31.6bRM 23.3bRM 2.8b7.2x11.4x1.4x
Tue, 09 Sep 2025RM 30.1bRM 24.1bRM 2.9b6.9x10.5x1.3x
Thu, 07 Aug 2025RM 29.2bRM 25.5bRM 3.3b5.7x8.9x1.1x
Sat, 05 Jul 2025RM 28.8bRM 26.5bRM 3.4b5.9x8.5x1.1x
Mon, 02 Jun 2025RM 26.7bRM 26.5bRM 2.9b5.9x9.1x1x
Wed, 30 Apr 2025RM 24.8bRM 27.5bRM 3.1b5.9x8x0.9x
Fri, 28 Mar 2025RM 28.6bRM 28.9bRM 3.2b6.7x8.8x1x
Sun, 23 Feb 2025RM 30.5bRM 29.7bRM 3.0b6.9x10.2x1x
Tue, 21 Jan 2025RM 34.1bRM 30.3bRM 3.3b7.3x10.2x1.1x
Thu, 19 Dec 2024RM 32.5bRM 30.3bRM 3.3b6.5x9.8x1.1x
Sat, 16 Nov 2024RM 33.4bRM 31.1bRM 3.1b7.9x10.8x1.1x
Mon, 14 Oct 2024RM 35.5bRM 30.9bRM 3.0b8.8x12x1.2x
Wed, 11 Sep 2024RM 35.5bRM 31.8bRM 3.0b8.5x11.9x1.1x
Fri, 09 Aug 2024RM 36.1bRM 30.9bRM 2.1b10.8x17.1x1.2x
Sun, 07 Jul 2024RM 38.3bRM 30.9bRM 2.1b11.8x18.1x1.2x
Tue, 04 Jun 2024RM 37.2bRM 31.4bRM 2.0b11.5x18.4x1.2x
Thu, 02 May 2024RM 35.6bRM 30.2bRM 1.8b12x19.7x1.2x
Sat, 30 Mar 2024RM 34.1bRM 30.2bRM 1.8b11.8x18.9x1.1x
Mon, 26 Feb 2024RM 33.5bRM 29.7bRM 2.1b11.7x16.3x1.1x
Wed, 24 Jan 2024RM 30.2bRM 29.4bRM 1.0b10.1x30.1x1x
Fri, 22 Dec 2023RM 30.1bRM 29.4bRM 1.0b9.2x30x1x
Sun, 19 Nov 2023RM 31.1bRM 27.9bRM 888.2m10.3x35x1.1x
Tue, 17 Oct 2023RM 31.6bRM 27.7bRM 979.7m10.4x32.2x1.1x
Thu, 14 Sep 2023RM 32.0bRM 26.2bRM 883.4m11.5x36.2x1.2x
Sat, 12 Aug 2023RM 31.4bRM 24.5bRM 639.9m10.2x49.1x1.3x
Mon, 10 Jul 2023RM 29.9bRM 24.5bRM 639.9m9.3x46.7x1.2x
Wed, 07 Jun 2023RM 29.3bRM 22.2bRM 502.2m10.6x58.3x1.3x
Fri, 05 May 2023RM 31.6bRM 21.4bRM 419.8m12.3x75.2x1.5x
Sun, 02 Apr 2023RM 31.9bRM 21.4bRM 422.9m13.8x75.4x1.5x
Tue, 28 Feb 2023RM 32.8bRM 19.9bRM 120.9m15.1x271.3x1.6x
Price to Earnings Ratio

271.3x


Total Market Cap: RM 32.8bTotal Earnings: RM 120.9mTotal Revenue: RM 19.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Energy Services Industry Price to Earnings3Y Average 19.5x202420252026
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 4.6x which is lower than its 3-year average PE of 19.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 286% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Energy industry?

MY Market0.78%
Energy2.63%
Energy Services2.59%
Oil and Gas Drilling3.28%
Oil and Gas Services2.53%
Industry PE
  • Investors are most optimistic about the Oil and Gas Drilling industry even though it's trading below its 3-year average PE ratio of 34.2x.
    • Analysts are expecting annual earnings decline of 12.5%, which is worse than the prior year's decline of 5.0%.
  • Investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 24.2x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 3.0% over the next 5 years.
  • This is better than its past earnings growth rate of 0.3% per year.
  • In contrast, the Oil and Gas Drilling industry is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DIALOG Dialog Group BerhadRM 1.792.3%
+RM 225.7m
7.2%PE18x
DAYANG Dayang Enterprise Holdings BhdRM 1.997.6%
+RM 162.1m
0%PE11.2x
KEYFIELD Keyfield International BerhadRM 1.6210.2%
+RM 121.1m
-25.3%PE7.5x
ARMADA Bumi Armada BerhadRM 0.324.9%
+RM 88.9m
-44.3%PE6.9x
VELESTO Velesto Energy BerhadRM 0.323.3%
+RM 82.2m
70.3%PE12.4x

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