Hibiscus Petroleum Berhad

KLSE:HIBISCS Stock Report

Market Cap: RM 1.5b

Hibiscus Petroleum Berhad Valuation

Is HIBISCS 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 HIBISCS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HIBISCS (MYR1.96) is trading below our estimate of fair value (MYR16.24)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HIBISCS. This is calculated by dividing HIBISCS's market cap by their current earnings.
What is HIBISCS's PE Ratio?
PE Ratio3.9x
EarningsRM 388.43m
Market CapRM 1.52b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HIBISCS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.9x
PETRONM Petron Malaysia Refining & Marketing Bhd
5.5x12.3%RM 1.1b
KEYFIELD Keyfield International Berhad
8.6x15.2%RM 1.8b
VELESTO Velesto Energy Berhad
8.8x6.3%RM 1.6b
ELRIDGE Elridge Energy Holdings Berhad
36.5x26.7%RM 860.0m
HIBISCS Hibiscus Petroleum Berhad
3.9x1.0%RM 1.5b

Price-To-Earnings vs Peers: HIBISCS is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (14.9x).

Price to Earnings Ratio vs Industry

How does HIBISCS's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HIBISCS 3.9xIndustry Avg. 10.5xNo. of Companies36PE0816243240+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HIBISCS is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Asian Oil and Gas industry average (10.5x).

Price to Earnings Ratio vs Fair Ratio

What is HIBISCS'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.

HIBISCS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.9x
Fair PE Ratio7.3x

Price-To-Earnings vs Fair Ratio: HIBISCS is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (7.3x).

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 HIBISCS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.96
RM 2.79
+42.3%
24.5%RM 3.40RM 1.60n/a5
Nov ’25RM 2.05
RM 2.89
+41.0%
22.9%RM 3.40RM 1.60n/a5
Oct ’25RM 2.02
RM 2.89
+43.1%
22.9%RM 3.40RM 1.60n/a5
Sep ’25RM 2.20
RM 2.98
+35.6%
21.4%RM 3.45RM 1.60n/a6
Aug ’25RM 2.40
RM 3.17
+32.1%
12.4%RM 3.45RM 2.31n/a6
Jul ’25RM 2.37
RM 3.17
+33.8%
12.4%RM 3.45RM 2.31n/a6
Jun ’25RM 2.50
RM 3.17
+26.8%
12.4%RM 3.45RM 2.31n/a6
May ’25RM 2.72
RM 3.28
+20.6%
5.1%RM 3.45RM 2.99n/a6
Apr ’25RM 2.56
RM 3.28
+28.1%
5.1%RM 3.45RM 2.99n/a6
Mar ’25RM 2.54
RM 3.28
+29.1%
5.1%RM 3.45RM 2.99n/a6
Feb ’25RM 2.65
RM 3.22
+21.5%
6.3%RM 3.45RM 2.99n/a6
Jan ’25RM 2.54
RM 3.22
+26.8%
6.3%RM 3.45RM 2.99n/a6
Dec ’24RM 2.51
RM 3.22
+28.3%
6.3%RM 3.45RM 2.99n/a6
Nov ’24RM 2.63
RM 4.36
+65.7%
44.5%RM 8.50RM 3.00RM 2.056
Oct ’24RM 2.83
RM 3.48
+23.3%
16.7%RM 4.75RM 3.00RM 2.026
Sep ’24RM 2.55
RM 3.41
+33.8%
18.5%RM 4.75RM 2.80RM 2.206
Aug ’24RM 2.36
RM 3.40
+44.1%
18.7%RM 4.75RM 2.80RM 2.406
Jul ’24RM 2.16
RM 3.40
+57.4%
18.7%RM 4.75RM 2.80RM 2.376
Jun ’24RM 2.31
RM 3.40
+47.2%
18.7%RM 4.75RM 2.80RM 2.506
May ’24RM 2.55
RM 3.55
+39.1%
17.5%RM 4.75RM 2.88RM 2.726
Apr ’24RM 2.48
RM 3.50
+41.6%
18.1%RM 4.75RM 2.88RM 2.566
Mar ’24RM 2.70
RM 3.50
+29.8%
18.1%RM 4.75RM 2.88RM 2.546
Feb ’24RM 2.85
RM 3.53
+23.8%
18.3%RM 4.75RM 2.88RM 2.656
Jan ’24RM 2.68
RM 3.53
+31.9%
18.3%RM 4.75RM 2.88RM 2.546
Dec ’23RM 2.83
RM 3.68
+30.3%
19.2%RM 4.75RM 2.88RM 2.517
Nov ’23RM 2.49
RM 3.76
+51.0%
17.9%RM 4.75RM 2.88RM 2.637

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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