Analysis Article • Jun 05
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- 7D-0.8%
- 3M-6.4%
- 1Y1.1%
- YTD-0.9%
Last week, the Energy Services industry hasn't moved much but Vantris Energy Berhad is up 15% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 3.7% annually.
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, 21 Jun 2026 | RM 30.7b | RM 24.8b | RM 6.8b | 6.9x | 4.5x | 1.2x |
| Tue, 19 May 2026 | RM 33.0b | RM 24.9b | RM 6.3b | 7.4x | 5.2x | 1.3x |
| Thu, 16 Apr 2026 | RM 34.8b | RM 24.9b | RM 6.3b | 7.1x | 5.5x | 1.4x |
| Sat, 14 Mar 2026 | RM 33.0b | RM 25.4b | RM 7.0b | 7.1x | 4.7x | 1.3x |
| Mon, 09 Feb 2026 | RM 29.9b | RM 26.6b | RM 6.7b | 6.2x | 4.5x | 1.1x |
| Wed, 07 Jan 2026 | RM 30.3b | RM 26.6b | RM 6.7b | 6.7x | 4.5x | 1.1x |
| Fri, 05 Dec 2025 | RM 29.7b | RM 22.7b | RM 2.8b | 6.9x | 10.6x | 1.3x |
| Sun, 02 Nov 2025 | RM 30.8b | RM 23.3b | RM 2.8b | 6.8x | 11.1x | 1.3x |
| Tue, 30 Sep 2025 | RM 31.2b | RM 23.3b | RM 2.8b | 7.4x | 11.3x | 1.3x |
| Thu, 28 Aug 2025 | RM 31.0b | RM 24.3b | RM 3.1b | 5.9x | 9.9x | 1.3x |
| Sat, 26 Jul 2025 | RM 29.1b | RM 25.5b | RM 3.3b | 6x | 8.9x | 1.1x |
| Mon, 23 Jun 2025 | RM 28.0b | RM 26.5b | RM 3.4b | 5.9x | 8.3x | 1.1x |
| Wed, 21 May 2025 | RM 27.1b | RM 27.4b | RM 3.1b | 6.2x | 8.9x | 1x |
| Fri, 18 Apr 2025 | RM 24.0b | RM 27.5b | RM 3.1b | 5.6x | 7.8x | 0.9x |
| Sun, 16 Mar 2025 | RM 27.7b | RM 28.9b | RM 3.3b | 6.3x | 8.5x | 1x |
| Tue, 11 Feb 2025 | RM 32.8b | RM 30.3b | RM 3.3b | 7x | 9.8x | 1.1x |
| Thu, 09 Jan 2025 | RM 33.8b | RM 30.3b | RM 3.3b | 6.9x | 10.1x | 1.1x |
| Sat, 07 Dec 2024 | RM 33.0b | RM 31.3b | RM 3.4b | 6.5x | 9.8x | 1.1x |
| Mon, 04 Nov 2024 | RM 34.2b | RM 30.9b | RM 3.0b | 8.1x | 11.5x | 1.1x |
| Wed, 02 Oct 2024 | RM 34.2b | RM 30.9b | RM 3.0b | 8.4x | 11.2x | 1.1x |
| Fri, 30 Aug 2024 | RM 37.2b | RM 31.4b | RM 2.9b | 9.2x | 12.8x | 1.2x |
| Sun, 28 Jul 2024 | RM 37.6b | RM 30.9b | RM 2.1b | 11.9x | 17.8x | 1.2x |
| Tue, 25 Jun 2024 | RM 36.9b | RM 30.9b | RM 2.1b | 11.7x | 17.5x | 1.2x |
| Thu, 23 May 2024 | RM 36.1b | RM 30.2b | RM 1.9b | 12.3x | 19.4x | 1.2x |
| Sat, 20 Apr 2024 | RM 34.4b | RM 30.2b | RM 1.8b | 12.2x | 19.1x | 1.1x |
| Mon, 18 Mar 2024 | RM 33.4b | RM 29.5b | RM 1.7b | 11.9x | 19.8x | 1.1x |
| Wed, 14 Feb 2024 | RM 30.7b | RM 28.7b | RM 2.0b | 11.8x | 15.7x | 1.1x |
| Fri, 12 Jan 2024 | RM 31.1b | RM 29.4b | RM 1.0b | 10x | 31x | 1.1x |
| Sun, 10 Dec 2023 | RM 29.4b | RM 28.3b | RM 920.8m | 9.3x | 31.9x | 1x |
| Tue, 07 Nov 2023 | RM 31.7b | RM 27.7b | RM 974.3m | 10.1x | 32.5x | 1.1x |
| Thu, 05 Oct 2023 | RM 32.0b | RM 27.7b | RM 1.1b | 9.2x | 29.6x | 1.2x |
| Sat, 02 Sep 2023 | RM 31.1b | RM 25.4b | RM 309.7m | 11.3x | 100.5x | 1.2x |
| Mon, 31 Jul 2023 | RM 31.4b | RM 24.5b | RM 639.9m | 9.8x | 49.1x | 1.3x |
| Wed, 28 Jun 2023 | RM 29.8b | RM 24.2b | RM 593.4m | 10.8x | 50.2x | 1.2x |
Price to Earnings Ratio
50.2x
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 17.6x.
- 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 Market | 1.42% | |
| Energy | -1.29% | |
| Energy Services | -0.82% | |
| Oil and Gas Services | -0.74% | |
| Oil and Gas Drilling | -1.67% | |
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 38.4x.
- 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 16.7x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 4.7% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VANTNRG Vantris Energy Berhad | RM 0.34 | 15.0% +RM 104.3m | -50.7% | PE0.2x | |
| ARMADA Bumi Armada Berhad | RM 0.33 | 1.5% +RM 29.6m | -29.8% | PE6.6x | |
| DAYANG Dayang Enterprise Holdings Bhd | RM 1.70 | 1.2% +RM 23.2m | -10.5% | PE9x | |
| DELEUM Deleum Berhad | RM 1.17 | 2.6% +RM 12.0m | -28.2% | PE6.9x | |
| KEYFIELD Keyfield International Berhad | RM 1.52 | 0.7% +RM 8.1m | -13.1% | PE6.9x |