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Malaysian (KLSE) Energy Services Industry Analysis

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies23
  • 7D-2.2%
  • 3M-7.7%
  • 1Y-2.2%
  • YTD-2.2%

Over the last 7 days, the Energy Services industry has dropped 2.2%, driven by Dialog Group Berhad declining 4.0%. Meanwhile, Vantris Energy Berhad actually outperformed within the industry, gaining 24% in the last week. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 3.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026RM 30.3bRM 24.9bRM 6.8b6.8x4.5x1.2x
Sat, 16 May 2026RM 33.0bRM 25.0bRM 6.3b7.7x5.2x1.3x
Mon, 13 Apr 2026RM 34.5bRM 24.9bRM 6.3b7.1x5.5x1.4x
Wed, 11 Mar 2026RM 32.6bRM 25.4bRM 7.0b7.3x4.7x1.3x
Fri, 06 Feb 2026RM 30.1bRM 26.6bRM 6.7b6.5x4.5x1.1x
Sun, 04 Jan 2026RM 30.7bRM 26.6bRM 6.7b6.6x4.6x1.2x
Tue, 02 Dec 2025RM 29.6bRM 22.7bRM 2.8b6.7x10.6x1.3x
Thu, 30 Oct 2025RM 30.8bRM 23.3bRM 2.8b6.7x11.1x1.3x
Sat, 27 Sep 2025RM 31.5bRM 23.3bRM 2.8b7.4x11.4x1.4x
Mon, 25 Aug 2025RM 29.9bRM 24.2bRM 3.1b6.1x9.6x1.2x
Wed, 23 Jul 2025RM 28.4bRM 25.5bRM 3.3b6x8.6x1.1x
Fri, 20 Jun 2025RM 28.1bRM 26.5bRM 3.4b5.8x8.3x1.1x
Sun, 18 May 2025RM 28.2bRM 27.4bRM 3.1b6.3x9.2x1x
Tue, 15 Apr 2025RM 24.3bRM 27.5bRM 3.1b5.8x7.9x0.9x
Thu, 13 Mar 2025RM 26.4bRM 28.9bRM 3.3b5.7x8.1x0.9x
Sat, 08 Feb 2025RM 32.6bRM 30.3bRM 3.3b7.1x9.8x1.1x
Mon, 06 Jan 2025RM 34.0bRM 30.3bRM 3.3b6.8x10.2x1.1x
Wed, 04 Dec 2024RM 31.8bRM 31.3bRM 3.4b6.1x9.5x1x
Fri, 01 Nov 2024RM 34.1bRM 30.9bRM 3.0b7.9x11.5x1.1x
Sun, 29 Sep 2024RM 35.0bRM 31.8bRM 3.0b8.5x11.7x1.1x
Tue, 27 Aug 2024RM 38.0bRM 31.3bRM 2.9b10.3x13.1x1.2x
Thu, 25 Jul 2024RM 37.6bRM 30.9bRM 2.1b12.3x17.8x1.2x
Sat, 22 Jun 2024RM 37.3bRM 30.9bRM 2.1b11.9x17.5x1.2x
Mon, 20 May 2024RM 36.1bRM 30.1bRM 1.8b12.5x19.6x1.2x
Wed, 17 Apr 2024RM 34.3bRM 30.2bRM 1.8b11.9x19x1.1x
Fri, 15 Mar 2024RM 33.2bRM 29.5bRM 1.7b11.5x19.7x1.1x
Sun, 11 Feb 2024RM 30.6bRM 28.7bRM 2.0b11.8x15.6x1.1x
Tue, 09 Jan 2024RM 31.2bRM 29.4bRM 1.0b9.8x31x1.1x
Thu, 07 Dec 2023RM 29.8bRM 28.3bRM 920.8m9.4x32.4x1.1x
Sat, 04 Nov 2023RM 31.5bRM 27.7bRM 979.7m10.1x32.2x1.1x
Mon, 02 Oct 2023RM 32.1bRM 27.7bRM 1.1b9.9x29.7x1.2x
Wed, 30 Aug 2023RM 30.7bRM 25.2bRM 247.8m9.1x124.1x1.2x
Fri, 28 Jul 2023RM 31.7bRM 24.5bRM 639.9m9.8x49.6x1.3x
Sun, 25 Jun 2023RM 29.5bRM 24.2bRM 593.4m11x49.7x1.2x
Price to Earnings Ratio

49.7x


Total Market Cap: RM 29.5bTotal Earnings: RM 593.4mTotal Revenue: RM 24.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Energy Services Industry Price to Earnings3Y Average 17.7x202420252026
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 4.5x which is lower than its 3-year average PE of 17.7x.
  • 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 125% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

MY Market1.14%
Energy-2.55%
Energy Services-2.19%
Oil and Gas Drilling-1.69%
Oil and Gas Services-2.24%
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 38.3x.
    • Analysts are expecting annual earnings decline of 7.9%, which is less than its past year's earnings decline of 16.9%.
  • Investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 4.8% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Oil and Gas Drilling industry is expected to see its earnings decline by 7.9% 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
VANTNRG Vantris Energy BerhadRM 0.3623.7%
+RM 162.2m
-47.9%PE0.2x
ARMADA Bumi Armada BerhadRM 0.331.6%
+RM 29.6m
-30.1%PE6.5x
WASCO Wasco BerhadRM 0.782.6%
+RM 15.5m
-20.0%PE4.4x
CARIMIN Carimin Petroleum BerhadRM 0.438.8%
+RM 8.1m
-37.0%PE9.3x
DELEUM Deleum BerhadRM 1.151.8%
+RM 8.0m
-29.4%PE6.8x

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