Petron Malaysia Refining & Marketing Bhd Future Growth

Future criteria checks 3/6

Petron Malaysia Refining & Marketing Bhd's revenue is forecast to decline at 5% per annum while its annual earnings are expected to grow at 64.4% per year. EPS is expected to grow by 43.1% per annum.

Key information

64.4%

Earnings growth rate

43.1%

EPS growth rate

Oil and Gas earnings growth	3.3%
Revenue growth rate	-5.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	29 Nov 2024

Recent future growth updates

Recent updates

Investors Met With Slowing Returns on Capital At Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM)

Oct 04

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Dividend Is Being Reduced To MYR0.23

May 24

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Will Pay A Smaller Dividend Than Last Year

May 05

Rainbows and Unicorns: The Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Analyst Just Became A Lot More Optimistic

May 28

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Increasing Its Dividend To MYR0.25

Apr 28

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) May Have Issues Allocating Its Capital

Aug 23

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

Jun 25

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

May 29

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Returns On Capital Not Reflecting Well On The Business

Apr 30

We Think That There Are Some Issues For Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Beyond Its Promising Earnings

Sep 02

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Carrying A Fair Bit Of Debt

May 10

Update: Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Stock Gained 89% In The Last Year

Mar 18

Factors Income Investors Should Consider Before Adding Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) To Their Portfolio

Feb 11

We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Has A Fair Chunk Of Debt

Jan 07

If You Had Bought Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Shares Three Years Ago You Would Be Down 67%

Dec 02

Earnings and Revenue Growth Forecasts

KLSE:PETRONM - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	15,942	236	N/A	N/A	1
12/31/2024	16,200	100	N/A	N/A	1
9/30/2024	17,249	129	270	371	N/A
6/30/2024	18,286	206	166	242	N/A
3/31/2024	18,046	233	355	411	N/A
12/31/2023	17,216	272	166	219	N/A
9/30/2023	16,992	209	256	289	N/A
6/30/2023	16,825	159	681	719	N/A
3/31/2023	18,367	303	196	250	N/A
12/31/2022	18,350	301	-55	-2	N/A
9/30/2022	17,042	382	-209	-134	N/A
6/30/2022	14,550	383	-232	-127	N/A
3/31/2022	10,982	242	-455	-328	N/A
12/31/2021	9,183	238	-461	-314	N/A
9/30/2021	7,735	220	-150	22	N/A
6/30/2021	7,226	285	-252	-19	N/A
3/31/2021	6,222	173	11	272	N/A
12/31/2020	6,462	-13	-234	96	N/A
9/30/2020	7,863	-26	-479	-33	N/A
6/30/2020	8,951	-90	-299	128	N/A
3/31/2020	10,950	36	-173	260	N/A
12/31/2019	11,457	177	354	868	N/A
9/30/2019	11,436	123	696	1,107	N/A
6/30/2019	11,964	174	333	691	N/A
3/31/2019	12,068	210	-1	310	N/A
12/31/2018	12,047	225	-223	-65	N/A
9/30/2018	11,984	350	-288	-169	N/A
6/30/2018	11,244	370	N/A	-21	N/A
3/31/2018	10,533	369	N/A	301	N/A
12/31/2017	10,363	405	N/A	348	N/A
9/30/2017	9,822	418	N/A	451	N/A
6/30/2017	9,086	359	N/A	471	N/A
3/31/2017	8,501	329	N/A	277	N/A
12/31/2016	7,602	238	N/A	350	N/A
9/30/2016	7,196	141	N/A	245	N/A
6/30/2016	7,534	169	N/A	402	N/A
3/31/2016	7,969	180	N/A	394	N/A
12/31/2015	8,150	221	N/A	361	N/A
9/30/2015	8,557	157	N/A	764	N/A
6/30/2015	9,017	74	N/A	516	N/A
3/31/2015	9,798	-1	N/A	637	N/A
12/31/2014	10,902	-64	N/A	301	N/A
9/30/2014	11,421	-63	N/A	35	N/A
6/30/2014	11,615	-60	N/A	-83	N/A
3/31/2014	11,180	-102	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PETRONM's forecast earnings growth (64.4% per year) is above the savings rate (3.6%).

Earnings vs Market: PETRONM's earnings (64.4% per year) are forecast to grow faster than the MY market (10% per year).

High Growth Earnings: PETRONM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PETRONM's revenue is expected to decline over the next 3 years (-5% per year).

High Growth Revenue: PETRONM's revenue is forecast to decline over the next 3 years (-5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PETRONM's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/01 21:21
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Petron Malaysia Refining & Marketing Bhd is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kian Yeong Teh	Kenanga Research
Min-Tze Chua	Kenanga Research
Nigel Ng Hou	Kenanga Research

Petron Malaysia Refining & Marketing Bhd Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 11% to RM4.15

Price target increased by 9.0% to RM4.74

Consensus revenue estimates increase by 11%

Price target increased to RM4.65

Recent updates

Third quarter 2024 earnings released: EPS: RM0.017 (vs RM0.30 in 3Q 2023)

Investors Met With Slowing Returns on Capital At Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM)

Price target decreased by 11% to RM4.15

Second quarter 2024 earnings released: EPS: RM0.049 (vs RM0.15 in 2Q 2023)

Petron Malaysia Refining & Marketing Bhd Appoints Prakash Chandran Madhu Sudanan as Independent and Non Executive Director

Petron Malaysia Refining & Marketing Bhd Approves the Declaration of Final Dividend for the Year Ended December 31, 2023

Upcoming dividend of RM0.23 per share

New major risk - Revenue and earnings growth

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Dividend Is Being Reduced To MYR0.23

Petron Malaysia Refining & Marketing Bhd Appoints Dato Noorizah Binti Hj Abd Hamid as Independent and Non Executive Chairman of Nomination Committee

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Will Pay A Smaller Dividend Than Last Year

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Dividend reduced to RM0.23

Petron Malaysia Refining & Marketing Bhd, Annual General Meeting, Jun 13, 2024

Full year 2023 earnings released: EPS: RM1.01 (vs RM1.11 in FY 2022)

Price target increased by 9.0% to RM4.74

Third quarter 2023 earnings released: EPS: RM0.30 (vs RM0.12 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.15 (vs RM0.68 in 2Q 2022)

Petron Malaysia Refining & Marketing Bhd Announces Writ and Statement of Claim for a Civil Suit at the Kuala Lumpur High Court Between Ng Tiak Soon and Ismail Abdur Rahman (Plaintiffs) and the Company

Petron Malaysia Refining & Marketing Bhd Announces the Appointment of Antonio M. Cailao as Independent and Non Executive Member of Nomination Committee

Petron Malaysia Refining & Marketing Bhd Announces Resignation of Ferdinand K. Constantino as Non Independent and Non Executive Member of Nomination Committee

Petron Malaysia Refining & Marketing Bhd Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of RM0.25 per share at 5.0% yield

Consensus revenue estimates increase by 11%

Rainbows and Unicorns: The Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Analyst Just Became A Lot More Optimistic

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Increasing Its Dividend To MYR0.25

Insufficient new directors

Full year 2022 earnings released: EPS: RM1.11 (vs RM0.88 in FY 2021)

Third quarter 2022 earnings released

Price target increased to RM4.65

Second quarter 2022 earnings released: EPS: RM0.68 (vs RM0.16 in 2Q 2021)

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) May Have Issues Allocating Its Capital

Investor sentiment improved over the past week

Petron Malaysia Refining & Marketing Bhd Announces Board Changes

Investor sentiment deteriorated over the past week

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

Investor sentiment deteriorated over the past week

Upcoming dividend of RM0.20 per share

Investor sentiment improved over the past week

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

Commencement of Arbitration Proceedings by MTV Engineering Sdn. Bhd. Against Petron Malaysia Refining & Marketing Bhd

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Returns On Capital Not Reflecting Well On The Business

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

We Think That There Are Some Issues For Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Beyond Its Promising Earnings

Second quarter 2021 earnings released: EPS RM0.16 (vs RM0.26 loss in 2Q 2020)

Upcoming dividend of RM0.05 per share

First quarter 2021 earnings released: EPS RM0.38 (vs RM0.31 loss in 1Q 2020)

Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Carrying A Fair Bit Of Debt

Full year 2020 earnings released: RM0.049 loss per share (vs RM0.66 profit in FY 2019)

Update: Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Stock Gained 89% In The Last Year

Full year 2020 earnings released

Factors Income Investors Should Consider Before Adding Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) To Their Portfolio

We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Has A Fair Chunk Of Debt

If You Had Bought Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Shares Three Years Ago You Would Be Down 67%

New 90-day high: RM3.79

Third quarter 2020 earnings released: EPS RM0.36

New 90-day low: RM3.15

Petron Malaysia Refining & Marketing Bhd(KLSE:PETRONM) dropped from S&P Global BMI Index

New 90-day low - RM3.46

First half earnings released

New 90-day low - RM3.74

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status