Dayang Enterprise Holdings Bhd

KLSE:DAYANG Stock Report

Market Cap: RM 2.3b

Dayang Enterprise Holdings Bhd Valuation

Is DAYANG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DAYANG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DAYANG (MYR1.99) is trading below our estimate of fair value (MYR4.83)

Significantly Below Fair Value: DAYANG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DAYANG?

Key metric: As DAYANG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DAYANG. This is calculated by dividing DAYANG's market cap by their current earnings.
What is DAYANG's PE Ratio?
PE Ratio5.9x
EarningsRM 388.13m
Market CapRM 2.30b

Price to Earnings Ratio vs Peers

How does DAYANG's PE Ratio compare to its peers?

The above table shows the PE ratio for DAYANG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.7x
KEYFIELD Keyfield International Berhad
8.3x12.3%RM 1.7b
ARMADA Bumi Armada Berhad
7.1x2.6%RM 3.9b
WASCO Wasco Berhad
5.2x-5.3%RM 813.0m
YINSON Yinson Holdings Berhad
10x15.4%RM 7.6b
DAYANG Dayang Enterprise Holdings Bhd
5.9x-8.8%RM 2.3b

Price-To-Earnings vs Peers: DAYANG is good value based on its Price-To-Earnings Ratio (5.9x) compared to the peer average (7.7x).

Price to Earnings Ratio vs Industry

How does DAYANG's PE Ratio compare vs other companies in the MY Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ALAM Alam Maritim Resources Berhad
1.5xn/aUS$10.20m
BARAKAH Barakah Offshore Petroleum Berhad
1.3xn/aUS$10.02m
SCOMIES Scomi Energy Services Bhd
0.09xn/aUS$494.50k
No more companies available in this PE range
DAYANG 5.9xIndustry Avg. 14.5xNo. of Companies5PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DAYANG is good value based on its Price-To-Earnings Ratio (5.9x) compared to the Asian Energy Services industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is DAYANG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DAYANG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.9x
Fair PE Ratio6.7x

Price-To-Earnings vs Fair Ratio: DAYANG is good value based on its Price-To-Earnings Ratio (5.9x) compared to the estimated Fair Price-To-Earnings Ratio (6.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DAYANG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.99
RM 3.73
+87.4%
18.9%RM 4.65RM 2.30n/a6
Dec ’25RM 2.08
RM 3.61
+73.6%
19.8%RM 4.65RM 2.30n/a7
Nov ’25RM 2.18
RM 3.57
+63.5%
19.5%RM 4.65RM 2.25n/a8
Oct ’25RM 2.22
RM 3.57
+60.6%
19.5%RM 4.65RM 2.25n/a8
Sep ’25RM 2.60
RM 3.57
+37.1%
19.5%RM 4.65RM 2.25n/a8
Aug ’25RM 2.86
RM 3.20
+12.0%
20.5%RM 4.00RM 1.79n/a8
Jul ’25RM 2.78
RM 3.28
+17.9%
21.5%RM 4.00RM 1.79n/a7
Jun ’25RM 2.64
RM 3.19
+20.8%
22.8%RM 4.00RM 1.79n/a6
May ’25RM 2.61
RM 3.04
+16.5%
23.7%RM 4.00RM 1.79n/a5
Apr ’25RM 2.41
RM 3.04
+26.1%
23.7%RM 4.00RM 1.79n/a5
Mar ’25RM 2.27
RM 3.04
+33.9%
23.7%RM 4.00RM 1.79n/a5
Feb ’25RM 2.05
RM 2.28
+11.0%
12.4%RM 2.50RM 1.79n/a5
Jan ’25RM 1.60
RM 2.23
+39.1%
11.7%RM 2.50RM 1.79n/a5
Dec ’24RM 1.57
RM 2.23
+41.8%
11.7%RM 2.50RM 1.79RM 2.085
Nov ’24RM 1.86
RM 2.21
+18.9%
12.1%RM 2.50RM 1.78RM 2.185
Oct ’24RM 1.93
RM 2.13
+10.5%
14.2%RM 2.50RM 1.78RM 2.225
Sep ’24RM 1.85
RM 1.95
+5.3%
14.2%RM 2.50RM 1.78RM 2.605
Aug ’24RM 1.41
RM 1.67
+18.7%
12.0%RM 1.90RM 1.38RM 2.866
Jul ’24RM 1.28
RM 1.67
+30.7%
12.0%RM 1.90RM 1.38RM 2.786
Jun ’24RM 1.17
RM 1.67
+42.6%
13.1%RM 1.90RM 1.38RM 2.645
May ’24RM 1.32
RM 1.80
+36.7%
3.8%RM 1.90RM 1.73RM 2.615
Apr ’24RM 1.34
RM 1.80
+34.6%
3.8%RM 1.90RM 1.73RM 2.415
Mar ’24RM 1.41
RM 1.80
+27.9%
3.8%RM 1.90RM 1.73RM 2.275
Feb ’24RM 1.47
RM 1.64
+11.7%
3.8%RM 1.71RM 1.58RM 2.054
Jan ’24RM 1.31
RM 1.64
+25.4%
3.8%RM 1.71RM 1.58RM 1.604
Dec ’23RM 1.38
RM 1.64
+19.0%
3.8%RM 1.71RM 1.58RM 1.574

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 10:02
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dayang Enterprise Holdings Bhd is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null Research DepartmentAmInvestment Bank Berhad
null nullBIMB Securities Sdn. Bhd
Azim Bin Ab RahimBIMB Securities Sdn. Bhd