Bumi Armada Berhad (KLSE:ARMADA) Soars 27% But It's A Story Of Risk Vs Reward
Dec 05
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Energy Services Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies22
- 7D-3.1%
- 3M-9.2%
- 1Y-0.8%
- YTD-0.3%
Over the last 7 days, the Energy Services industry has dropped 3.1%, driven by Dialog Group Berhad declining 5.3%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 8.2% per annum.
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, 22 Dec 2024 | RM 32.1b | RM 30.3b | RM 3.3b | 6.5x | 9.6x | 1.1x |
| Tue, 19 Nov 2024 | RM 33.5b | RM 31.2b | RM 3.1b | 7.7x | 10.7x | 1.1x |
| Thu, 17 Oct 2024 | RM 34.5b | RM 30.9b | RM 3.0b | 8.2x | 11.6x | 1.1x |
| Sat, 14 Sep 2024 | RM 35.3b | RM 31.8b | RM 3.0b | 8.7x | 11.8x | 1.1x |
| Mon, 12 Aug 2024 | RM 36.7b | RM 30.9b | RM 2.1b | 11.1x | 17.3x | 1.2x |
| Wed, 10 Jul 2024 | RM 38.4b | RM 30.9b | RM 2.1b | 11.7x | 18.1x | 1.2x |
| Fri, 07 Jun 2024 | RM 37.8b | RM 31.7b | RM 2.1b | 11.4x | 17.7x | 1.2x |
| Sun, 05 May 2024 | RM 35.5b | RM 30.2b | RM 1.8b | 12.2x | 19.7x | 1.2x |
| Tue, 02 Apr 2024 | RM 34.3b | RM 30.2b | RM 1.8b | 11.9x | 19x | 1.1x |
| Thu, 29 Feb 2024 | RM 33.1b | RM 29.5b | RM 2.2b | 11.3x | 14.8x | 1.1x |
| Sat, 27 Jan 2024 | RM 30.9b | RM 29.4b | RM 1.0b | 10.8x | 30.8x | 1.1x |
| Mon, 25 Dec 2023 | RM 30.3b | RM 29.4b | RM 1.0b | 9.2x | 30.2x | 1x |
| Wed, 22 Nov 2023 | RM 31.3b | RM 27.9b | RM 888.2m | 10.4x | 35.2x | 1.1x |
| Fri, 20 Oct 2023 | RM 31.5b | RM 27.7b | RM 979.7m | 10.1x | 32.1x | 1.1x |
| Sun, 17 Sep 2023 | RM 32.5b | RM 26.2b | RM 883.4m | 11.7x | 36.8x | 1.2x |
| Tue, 15 Aug 2023 | RM 31.3b | RM 24.5b | RM 639.9m | 9.9x | 48.9x | 1.3x |
| Thu, 13 Jul 2023 | RM 30.7b | RM 24.5b | RM 639.9m | 9.3x | 48.1x | 1.3x |
| Sat, 10 Jun 2023 | RM 29.5b | RM 22.2b | RM 502.2m | 10.8x | 58.6x | 1.3x |
| Mon, 08 May 2023 | RM 31.4b | RM 21.4b | RM 419.8m | 12.3x | 74.8x | 1.5x |
| Wed, 05 Apr 2023 | RM 33.0b | RM 21.4b | RM 422.9m | 13.8x | 78.2x | 1.5x |
| Fri, 03 Mar 2023 | RM 31.9b | RM 20.2b | RM 250.0m | 13x | 127.7x | 1.6x |
| Sun, 29 Jan 2023 | RM 33.9b | RM 19.8b | -RM 656,704,188.00 | 16.3x | -51.6x | 1.7x |
| Tue, 27 Dec 2022 | RM 29.8b | RM 19.8b | -RM 656,704,188.00 | 14.9x | -45.4x | 1.5x |
| Thu, 24 Nov 2022 | RM 26.9b | RM 18.8b | -RM 759,365,069.00 | 14.3x | -35.4x | 1.4x |
| Sat, 22 Oct 2022 | RM 24.4b | RM 18.6b | -RM 944,943,466.00 | 16.6x | -25.9x | 1.3x |
| Mon, 19 Sep 2022 | RM 28.0b | RM 18.0b | -RM 961,943,466.00 | 16.9x | -29.1x | 1.6x |
| Wed, 17 Aug 2022 | RM 26.9b | RM 21.8b | -RM 206,470,225.00 | 14.8x | -130.5x | 1.2x |
| Fri, 15 Jul 2022 | RM 23.6b | RM 21.8b | -RM 206,470,225.00 | 13.6x | -114.5x | 1.1x |
| Sun, 12 Jun 2022 | RM 25.5b | RM 21.8b | -RM 214,470,225.00 | 13.2x | -118.9x | 1.2x |
| Tue, 10 May 2022 | RM 27.1b | RM 15.4b | -RM 47,657,456.00 | 13.8x | -569.4x | 1.8x |
| Thu, 07 Apr 2022 | RM 28.9b | RM 15.4b | -RM 44,052,712.00 | 13.1x | -655.2x | 1.9x |
| Sat, 05 Mar 2022 | RM 30.8b | RM 26.8b | -RM 2,656,521,771.00 | 13.1x | -11.6x | 1.2x |
| Mon, 31 Jan 2022 | RM 32.3b | RM 26.9b | -RM 1,948,872,817.00 | 15.2x | -16.6x | 1.2x |
| Wed, 29 Dec 2021 | RM 31.0b | RM 26.9b | -RM 1,324,993,171.00 | 14.7x | -23.4x | 1.2x |
Price to Earnings Ratio
-23.4x
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 9.6x which is higher than its 3-year average PE of -48.6x.
- 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 grown 4.1% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Energy industry?
| MY Market | -0.98% | |
| Energy | -4.67% | |
| Energy Services | -3.10% | |
| Oil and Gas Services | -2.97% | |
| Oil and Gas Drilling | -6.25% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 77.4x.
- Analysts are expecting annual earnings growth of 9.4%, which is lower than the prior year's growth of 54.8% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 26.9x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 9.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 55% per year.
- In contrast, the Oil and Gas Drilling industry is expected to see its earnings decline by 21% 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 | |
|---|---|---|---|---|---|
| ARMADA Bumi Armada Berhad | RM 0.65 | 1.6% +RM 59.3m | 27.7% | PE6.9x | |
| KEYFIELD Keyfield International Berhad | RM 2.14 | 0.9% +RM 16.1m | n/a | PE8.4x | |
| ICON Icon Offshore Berhad | RM 1.00 | 2.0% +RM 12.5m | 72.4% | PE637.2x | |
| RL Reservoir Link Energy Bhd | RM 0.34 | 3.0% +RM 3.3m | 6.3% | PS0.7x | |
| OVH Ocean Vantage Holdings Berhad | RM 0.18 | 2.9% +RM 2.1m | -25.0% | PS0.6x |
