Is Dialog Group Berhad (KLSE:DIALOG) Trading At A 25% Discount?
May 28
Malaysian (KLSE) Energy Services Industry Analysis
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies19
- 7D-4.1%
- 3M5.7%
- 1Y14.0%
- YTD15.4%
Over the last 7 days, the Energy Services industry has dropped 4.1%, driven by a pullback from Dialog Group Berhad of 4.4%. Over the past 12 months, the industry was up 14%. Looking forward, earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | RM35.3b | RM30.9b | RM1.9b | 11.3x | 18.6x | 1.1x |
| Mon, 29 Apr 2024 | RM35.6b | RM30.2b | RM1.8b | 12.3x | 19.7x | 1.2x |
| Wed, 27 Mar 2024 | RM33.6b | RM30.2b | RM1.8b | 12.2x | 18.6x | 1.1x |
| Fri, 23 Feb 2024 | RM33.8b | RM29.5b | RM2.0b | 11.8x | 17.2x | 1.1x |
| Sun, 21 Jan 2024 | RM29.7b | RM29.4b | RM1.0b | 9.7x | 29.6x | 1x |
| Tue, 19 Dec 2023 | RM29.5b | RM29.4b | RM1.0b | 9.3x | 29.4x | 1x |
| Thu, 16 Nov 2023 | RM31.6b | RM28.0b | RM859.4m | 10.3x | 36.7x | 1.1x |
| Sat, 14 Oct 2023 | RM31.6b | RM27.7b | RM979.7m | 10.4x | 32.2x | 1.1x |
| Mon, 11 Sep 2023 | RM31.3b | RM26.2b | RM883.4m | 11.3x | 35.4x | 1.2x |
| Wed, 09 Aug 2023 | RM31.1b | RM24.5b | RM639.9m | 10.2x | 48.6x | 1.3x |
| Fri, 07 Jul 2023 | RM30.1b | RM24.5b | RM639.9m | 9.4x | 47.1x | 1.2x |
| Sun, 04 Jun 2023 | RM30.5b | RM22.2b | RM502.2m | 10.9x | 60.8x | 1.4x |
| Tue, 02 May 2023 | RM32.0b | RM21.4b | RM419.8m | 12.6x | 76.3x | 1.5x |
| Thu, 30 Mar 2023 | RM31.8b | RM21.4b | RM422.9m | 14.6x | 75.1x | 1.5x |
| Sat, 25 Feb 2023 | RM32.7b | RM19.8b | RM56.7m | 15.5x | 576.5x | 1.6x |
| Mon, 23 Jan 2023 | RM32.4b | RM19.8b | -RM656,704,188.00 | 15.7x | -49.3x | 1.6x |
| Wed, 21 Dec 2022 | RM29.5b | RM18.8b | -RM714,704,188.00 | 15.3x | -41.2x | 1.6x |
| Fri, 18 Nov 2022 | RM26.6b | RM18.6b | -RM775,993,069.00 | 17.2x | -34.3x | 1.4x |
| Sun, 16 Oct 2022 | RM23.8b | RM18.6b | -RM944,943,466.00 | 16.4x | -25.2x | 1.3x |
| Tue, 13 Sep 2022 | RM27.4b | RM18.0b | -RM961,943,466.00 | 17.1x | -28.5x | 1.5x |
| Thu, 11 Aug 2022 | RM25.7b | RM21.8b | -RM206,470,225.00 | 14.7x | -124.4x | 1.2x |
| Sat, 09 Jul 2022 | RM24.2b | RM21.8b | -RM206,470,225.00 | 13.8x | -117.2x | 1.1x |
| Mon, 06 Jun 2022 | RM26.7b | RM21.8b | -RM214,470,225.00 | 13.6x | -124.4x | 1.2x |
| Wed, 04 May 2022 | RM27.7b | RM15.4b | -RM44,775,993.00 | 13.7x | -619.6x | 1.8x |
| Fri, 01 Apr 2022 | RM28.7b | RM15.4b | -RM44,052,712.00 | 13.1x | -650.5x | 1.9x |
| Sun, 27 Feb 2022 | RM32.2b | RM27.0b | -RM2,431,979,458.00 | 15.7x | -13.2x | 1.2x |
| Tue, 25 Jan 2022 | RM31.7b | RM26.9b | -RM1,948,872,817.00 | 15.2x | -16.3x | 1.2x |
| Thu, 23 Dec 2021 | RM29.5b | RM26.9b | -RM1,324,993,171.00 | 14.1x | -22.3x | 1.1x |
| Sat, 20 Nov 2021 | RM34.3b | RM28.6b | -RM912,980,171.00 | 15.2x | -37.6x | 1.2x |
| Mon, 18 Oct 2021 | RM36.2b | RM28.4b | -RM1,031,788,100.00 | 15.8x | -35.1x | 1.3x |
| Wed, 15 Sep 2021 | RM32.1b | RM29.1b | RM639.1m | 13.8x | 50.2x | 1.1x |
| Fri, 13 Aug 2021 | RM31.2b | RM29.2b | RM668.8m | 15.2x | 46.6x | 1.1x |
| Tue, 08 Jun 2021 | RM36.3b | RM29.1b | RM172.1m | 15.7x | 210.9x | 1.2x |
Price to Earnings Ratio
210.9x
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 18.6x which is higher than its 3-year average PE of -51.0x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 123% per year over the last three years.
- Revenues for these companies have grown 2.0% 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 Market | -1.50% | |
| Energy | -2.74% | |
| Energy Services | -4.11% | |
| Oil and Gas Services | -3.80% | |
| Oil and Gas Drilling | -8.62% | |
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 25.1x.
- Analysts are expecting annual earnings growth of 22.0% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 63.0x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 22% over the next 5 years.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KEYFIELD Keyfield International Berhad | RM2.41 | 2.1% +RM40.0m | n/a | PE15x | |
| ARMADA Bumi Armada Berhad | RM0.57 | 0.9% +RM29.6m | -9.4% | PE10.3x | |
| RL Reservoir Link Energy Bhd | RM0.30 | 3.4% +RM3.2m | -1.6% | PE75.8x |
