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PETR

Petron Malaysia Refining & Marketing Bhd KLSE:PETRONM Stock Report

Last Price

RM4.73

Market Cap

RM1.3b

7D

-8.0%

1Y

14.5%

Updated

07 Aug, 2022

Data

Company Financials
PETRONM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends3/6

PETRONM Stock Overview

Petron Malaysia Refining & Marketing Bhd engages in manufacturing and marketing of petroleum products in Peninsular Malaysia.

Petron Malaysia Refining & Marketing Bhd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Petron Malaysia Refining & Marketing Bhd
Historical stock prices
Current Share PriceRM4.73
52 Week HighRM7.73
52 Week LowRM4.05
Beta1.1
1 Month Change4.65%
3 Month Change-19.97%
1 Year Change14.53%
3 Year Change-16.58%
5 Year Change-46.25%
Change since IPO-23.71%

Recent News & Updates

Jun 25
We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Taking Some Risk With Its Debt

We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

May 29
Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Upcoming Dividend Will Be Larger Than Last Year's

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Upcoming Dividend Will Be Larger Than Last Year's

Petron Malaysia Refining & Marketing Bhd ( KLSE:PETRONM ) will increase its dividend on the 8th of July to RM0.20...

Shareholder Returns

PETRONMMY Oil and GasMY Market
7D-8.0%-1.2%0.5%
1Y14.5%17.8%-3.1%

Return vs Industry: PETRONM underperformed the MY Oil and Gas industry which returned 17.8% over the past year.

Return vs Market: PETRONM exceeded the MY Market which returned -3.1% over the past year.

Price Volatility

Is PETRONM's price volatile compared to industry and market?
PETRONM volatility
PETRONM Average Weekly Movement9.5%
Oil and Gas Industry Average Movement7.6%
Market Average Movement5.6%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.8%

Stable Share Price: PETRONM is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PETRONM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1893599Lubin Nepomucenohttps://www.petron.com.my

Petron Malaysia Refining & Marketing Bhd engages in manufacturing and marketing of petroleum products in Peninsular Malaysia. It offers a range of petroleum products, which include gasoline, diesel, aviation fuel, lubricants, greases, and other products, as well as liquefied petroleum gas to residential and commercial customers. The company was founded in 1893 and is based in Kuala Lumpur, Malaysia.

Petron Malaysia Refining & Marketing Bhd Fundamentals Summary

How do Petron Malaysia Refining & Marketing Bhd's earnings and revenue compare to its market cap?
PETRONM fundamental statistics
Market CapRM1.28b
Earnings (TTM)RM241.85m
Revenue (TTM)RM10.98b

5.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PETRONM income statement (TTM)
RevenueRM10.98b
Cost of RevenueRM10.42b
Gross ProfitRM564.82m
Other ExpensesRM322.97m
EarningsRM241.85m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin5.14%
Net Profit Margin2.20%
Debt/Equity Ratio44.9%

How did PETRONM perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

22%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PETRONM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA4.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PETRONM PE Ratio vs Peers
The above table shows the PE ratio for PETRONM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.6x
HENGYUAN Hengyuan Refining Company Berhad
10.9xn/aRM1.2b
PETDAG PETRONAS Dagangan Berhad
48.7x15.4%RM22.3b
HIBISCS Hibiscus Petroleum Berhad
3.7x18.3%RM1.7b
ARMADA Bumi Armada Berhad
3.1x2.7%RM2.2b
PETRONM Petron Malaysia Refining & Marketing Bhd
5.3xn/aRM1.3b

Price-To-Earnings vs Peers: PETRONM is good value based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (16.6x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PETRONM is good value based on its Price-To-Earnings Ratio (5.3x) compared to the MY Oil and Gas industry average (10.9x)


Price to Earnings Ratio vs Fair Ratio

What is PETRONM'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.

PETRONM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PETRONM's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: PETRONM (MYR4.73) is trading above our estimate of fair value (MYR2.38)

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


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Petron Malaysia Refining & Marketing Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.7%

Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Petron Malaysia Refining & Marketing Bhd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Petron Malaysia Refining & Marketing Bhd performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-23.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PETRONM has a high level of non-cash earnings.

Growing Profit Margin: PETRONM's current net profit margins (2.2%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: PETRONM's earnings have declined by 23.2% per year over the past 5 years.

Accelerating Growth: PETRONM's earnings growth over the past year (39.5%) exceeds its 5-year average (-23.2% per year).

Earnings vs Industry: PETRONM earnings growth over the past year (39.5%) underperformed the Oil and Gas industry 39.5%.


Return on Equity

High ROE: PETRONM's Return on Equity (11.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Petron Malaysia Refining & Marketing Bhd's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PETRONM's short term assets (MYR2.7B) exceed its short term liabilities (MYR2.6B).

Long Term Liabilities: PETRONM's short term assets (MYR2.7B) exceed its long term liabilities (MYR201.8M).


Debt to Equity History and Analysis

Debt Level: PETRONM's net debt to equity ratio (36.8%) is considered satisfactory.

Reducing Debt: PETRONM's debt to equity ratio has increased from 19.6% to 44.9% over the past 5 years.

Debt Coverage: PETRONM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PETRONM's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet


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Dividend

What is Petron Malaysia Refining & Marketing Bhd current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.23%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PETRONM's dividend (4.23%) is higher than the bottom 25% of dividend payers in the MY market (2%).

High Dividend: PETRONM's dividend (4.23%) is low compared to the top 25% of dividend payers in the MY market (4.84%).


Stability and Growth of Payments

Stable Dividend: PETRONM's dividend payments have been volatile in the past 10 years.

Growing Dividend: PETRONM's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.3%), PETRONM's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: PETRONM is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Lubin Nepomuceno (71 yo)

8.75yrs

Tenure

Mr. Lubin B. Nepomuceno has been the Chief Executive Officer of Petron Malaysia Refining & Marketing Bhd since November 20, 2013. Mr. Nepomuceno has been General Manager of Petron Corporation since Februar...


Leadership Team

Experienced Management: PETRONM's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: PETRONM's board of directors are considered experienced (9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Petron Malaysia Refining & Marketing Bhd's employee growth, exchange listings and data sources


Key Information

  • Name: Petron Malaysia Refining & Marketing Bhd
  • Ticker: PETRONM
  • Exchange: KLSE
  • Founded: 1893
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Implied Market Cap: RM1.277b
  • Shares outstanding: 270.00m
  • Website: https://www.petron.com.my

Number of Employees


Location

  • Petron Malaysia Refining & Marketing Bhd
  • Menara I & P Tower 1
  • Level 12A
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50490
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.