PETRONAS Dagangan Berhad

KLSE:PETDAG Stock Report

Market Cap: RM 18.9b

PETRONAS Dagangan Berhad Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: PETDAG (MYR19.02) is trading above our estimate of fair value (MYR14.06)

Significantly Below Fair Value: PETDAG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PETDAG. This is calculated by dividing PETDAG's market cap by their current earnings.
What is PETDAG's PE Ratio?
PE Ratio18.6x
EarningsRM 1.02b
Market CapRM 18.90b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PETDAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.5x
PETRONM Petron Malaysia Refining & Marketing Bhd
8.7x64.4%RM 1.1b
DIALOG Dialog Group Berhad
16.9x5.7%RM 10.0b
YINSON Yinson Holdings Berhad
10x15.4%RM 7.6b
QFLS Qatar Fuel Company Q.P.S.C. (WOQOD)
14.3x4.3%ر.ق14.9b
PETDAG PETRONAS Dagangan Berhad
18.6x1.0%RM 18.9b

Price-To-Earnings vs Peers: PETDAG is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (12.5x).

Price to Earnings Ratio vs Industry

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

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PETDAG 18.6xIndustry Avg. 10.3xNo. of Companies37PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PETDAG is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the Asian Oil and Gas industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is PETDAG'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.

PETDAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.6x
Fair PE Ratio9.4x

Price-To-Earnings vs Fair Ratio: PETDAG is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

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 PETDAG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 19.02
RM 19.40
+2.0%
13.7%RM 24.63RM 15.20n/a10
Dec ’25RM 19.60
RM 19.40
-1.0%
13.7%RM 24.63RM 15.20n/a10
Nov ’25RM 17.98
RM 19.20
+6.8%
12.9%RM 24.63RM 15.20n/a10
Oct ’25RM 18.32
RM 19.20
+4.8%
12.9%RM 24.63RM 15.20n/a10
Sep ’25RM 21.08
RM 19.20
-8.9%
12.9%RM 24.63RM 15.20n/a10
Aug ’25RM 17.24
RM 19.90
+15.5%
14.4%RM 24.91RM 15.20n/a10
Jul ’25RM 17.42
RM 20.40
+17.1%
13.9%RM 24.91RM 15.20n/a10
Jun ’25RM 19.80
RM 20.74
+4.8%
11.3%RM 24.91RM 16.78n/a10
May ’25RM 21.70
RM 22.22
+2.4%
12.7%RM 25.40RM 16.80n/a9
Apr ’25RM 21.80
RM 22.49
+3.1%
12.4%RM 25.40RM 16.80n/a10
Mar ’25RM 22.42
RM 22.49
+0.3%
12.4%RM 25.40RM 16.80n/a10
Feb ’25RM 21.34
RM 22.53
+5.6%
11.2%RM 25.40RM 17.79n/a10
Jan ’25RM 21.84
RM 22.53
+3.1%
11.2%RM 25.40RM 17.79n/a10
Dec ’24RM 22.30
RM 22.53
+1.0%
11.2%RM 25.40RM 17.79RM 19.6010
Nov ’24RM 22.80
RM 23.42
+2.7%
9.8%RM 24.91RM 17.56RM 17.989
Oct ’24RM 22.38
RM 23.40
+4.5%
9.3%RM 24.91RM 17.56RM 18.3210
Sep ’24RM 23.18
RM 23.40
+0.9%
9.3%RM 24.91RM 17.56RM 21.0810
Aug ’24RM 22.74
RM 22.92
+0.8%
10.5%RM 26.70RM 17.56RM 17.2410
Jul ’24RM 22.20
RM 22.92
+3.3%
10.5%RM 26.70RM 17.56RM 17.4210
Jun ’24RM 21.10
RM 22.92
+8.6%
10.5%RM 26.70RM 17.56RM 19.8010
May ’24RM 22.64
RM 21.59
-4.6%
13.4%RM 26.70RM 16.00RM 21.7010
Apr ’24RM 21.34
RM 21.59
+1.2%
13.4%RM 26.70RM 16.00RM 21.8010
Mar ’24RM 20.64
RM 21.59
+4.6%
13.4%RM 26.70RM 16.00RM 22.4210
Feb ’24RM 21.80
RM 21.75
-0.2%
13.7%RM 26.70RM 16.00RM 21.3410
Jan ’24RM 23.00
RM 21.75
-5.4%
13.7%RM 26.70RM 16.00RM 21.8410
Dec ’23RM 23.00
RM 21.75
-5.4%
13.7%RM 26.70RM 16.00RM 22.3010

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 19:22
End of Day Share Price 2024/12/20 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

PETRONAS Dagangan Berhad is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Muhammad Afif Bin ZulkapllyAffin Hwang Investment Bank
Azim Bin Ab RahimBIMB Securities Sdn. Bhd
Ngoc NguyenCGS International