Analysts Just Shipped A Captivating Upgrade To Their Keyfield International Berhad (KLSE:KEYFIELD) Estimates
Aug 19
Malaysian (KLSE) Energy Services Industry Analysis
UpdatedAug 20, 2024
DataAggregated Company Financials
Companies20
- 7D3.1%
- 3M1.7%
- 1Y17.6%
- YTD19.9%
The Energy Services industry is up 3.1% in the last week, with Yinson Holdings Berhad up 12%. This means that the industry has gained 18% over the past year. As for the next few years, earnings are expected to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Tue, 20 Aug 2024 | RM 38.4b | RM 31.1b | RM 2.2b | 11.1x | 17.7x | 1.2x |
| Thu, 18 Jul 2024 | RM 37.8b | RM 30.9b | RM 2.1b | 11.7x | 17.9x | 1.2x |
| Sat, 15 Jun 2024 | RM 38.2b | RM 31.7b | RM 2.1b | 11.8x | 17.8x | 1.2x |
| Mon, 13 May 2024 | RM 36.1b | RM 30.2b | RM 1.8b | 12.5x | 19.9x | 1.2x |
| Wed, 10 Apr 2024 | RM 34.6b | RM 30.2b | RM 1.8b | 12.1x | 19.2x | 1.1x |
| Fri, 08 Mar 2024 | RM 32.5b | RM 29.5b | RM 1.7b | 11.8x | 18.7x | 1.1x |
| Sun, 04 Feb 2024 | RM 30.5b | RM 29.4b | RM 1.0b | 10.8x | 30.4x | 1x |
| Tue, 02 Jan 2024 | RM 30.3b | RM 29.4b | RM 1.0b | 9.4x | 30.2x | 1x |
| Thu, 30 Nov 2023 | RM 30.3b | RM 28.2b | RM 934.5m | 9.7x | 32.5x | 1.1x |
| Sat, 28 Oct 2023 | RM 31.7b | RM 27.7b | RM 979.7m | 9.9x | 32.4x | 1.1x |
| Mon, 25 Sep 2023 | RM 32.7b | RM 26.2b | RM 883.4m | 12x | 37x | 1.2x |
| Wed, 23 Aug 2023 | RM 30.3b | RM 25.1b | RM 240.4m | 9.3x | 126.2x | 1.2x |
| Fri, 21 Jul 2023 | RM 30.9b | RM 24.5b | RM 639.9m | 9.7x | 48.4x | 1.3x |
| Sun, 18 Jun 2023 | RM 29.7b | RM 22.2b | RM 502.2m | 10.8x | 59.1x | 1.3x |
| Tue, 16 May 2023 | RM 31.1b | RM 21.4b | RM 417.2m | 12.3x | 74.5x | 1.5x |
| Thu, 13 Apr 2023 | RM 33.2b | RM 21.4b | RM 422.9m | 13.3x | 78.6x | 1.6x |
| Sat, 11 Mar 2023 | RM 32.4b | RM 20.1b | RM 445.0m | 13.9x | 72.8x | 1.6x |
| Mon, 06 Feb 2023 | RM 34.1b | RM 19.1b | -RM 739,460,229.00 | 15.9x | -46.2x | 1.8x |
| Wed, 04 Jan 2023 | RM 29.9b | RM 19.8b | -RM 656,704,188.00 | 15x | -45.6x | 1.5x |
| Fri, 02 Dec 2022 | RM 29.4b | RM 19.4b | -RM 664,002,188.00 | 17x | -44.3x | 1.5x |
| Sun, 30 Oct 2022 | RM 25.1b | RM 18.6b | -RM 944,943,466.00 | 16.3x | -26.6x | 1.4x |
| Tue, 27 Sep 2022 | RM 26.1b | RM 18.6b | -RM 944,943,466.00 | 16.7x | -27.7x | 1.4x |
| Thu, 25 Aug 2022 | RM 26.8b | RM 22.2b | -RM 73,925,225.00 | 14.9x | -363.1x | 1.2x |
| Sat, 23 Jul 2022 | RM 24.7b | RM 21.8b | -RM 206,470,225.00 | 13.9x | -119.7x | 1.1x |
| Mon, 20 Jun 2022 | RM 24.1b | RM 21.8b | -RM 214,470,225.00 | 11.8x | -112.4x | 1.1x |
| Wed, 18 May 2022 | RM 26.7b | RM 21.2b | -RM 164,838,153.00 | 14x | -162.1x | 1.3x |
| Fri, 15 Apr 2022 | RM 28.3b | RM 15.4b | -RM 44,052,712.00 | 13.4x | -642.6x | 1.8x |
| Sun, 13 Mar 2022 | RM 30.3b | RM 26.8b | -RM 2,656,521,771.00 | 12.7x | -11.4x | 1.1x |
| Tue, 08 Feb 2022 | RM 33.1b | RM 26.9b | -RM 1,948,872,817.00 | 15.7x | -17x | 1.2x |
| Thu, 06 Jan 2022 | RM 32.0b | RM 26.9b | -RM 1,324,993,171.00 | 15x | -24.1x | 1.2x |
| Sat, 04 Dec 2021 | RM 30.7b | RM 28.2b | -RM 635,446,171.00 | 13.4x | -48.2x | 1.1x |
| Mon, 01 Nov 2021 | RM 34.7b | RM 28.5b | -RM 1,015,752,699.00 | 16.2x | -34.2x | 1.2x |
| Wed, 29 Sep 2021 | RM 31.8b | RM 29.2b | RM 644.2m | 14.6x | 49.3x | 1.1x |
| Fri, 27 Aug 2021 | RM 33.1b | RM 29.2b | RM 668.8m | 16.8x | 49.5x | 1.1x |
Price to Earnings Ratio
49.5x
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 17.7x which is higher than its 3-year average PE of -50.8x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 2.1% 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 | 1.25% | |
| Energy | 3.85% | |
| Energy Services | 3.08% | |
| Oil and Gas Services | 3.23% | |
| Oil and Gas Drilling | 0% | |
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 61.5x.
- Analysts are expecting annual earnings growth of 13.8%, which is lower than the prior year's growth of 52.3% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 25.7x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 19% over the next 5 years.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| YINSON Yinson Holdings Berhad | RM 2.68 | 11.7% +RM 831.5m | 3.9% | PE9.7x | |
| KEYFIELD Keyfield International Berhad | RM 2.78 | 6.1% +RM 128.8m | n/a | PE13.3x | |
| ARMADA Bumi Armada Berhad | RM 0.52 | 4.0% +RM 118.6m | 0% | PE8.3x | |
| DAYANG Dayang Enterprise Holdings Bhd | RM 2.84 | 2.5% +RM 81.0m | 94.5% | PE12.5x | |
| DELEUM Deleum Berhad | RM 1.26 | 4.1% +RM 20.1m | 40.8% | PE11x |
