Reservoir Link Energy Bhd

KLSE:RL Stock Report

Market Cap: RM 113.4m

Reservoir Link Energy Bhd Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate RL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RL's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As RL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for RL. This is calculated by dividing RL's market cap by their current revenue.
What is RL's PS Ratio?
PS Ratio0.7x
SalesRM 161.44m
Market CapRM 113.38m

Price to Sales Ratio vs Peers

How does RL's PS Ratio compare to its peers?

The above table shows the PS ratio for RL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
CARIMIN Carimin Petroleum Berhad
0.6xn/aRM 182.4m
M&G Marine & General Berhad
0.6xn/aRM 214.7m
HAWK Steel Hawk Berhad
2.2x1.9%RM 178.0m
OVH Ocean Vantage Holdings Berhad
0.6xn/aRM 75.6m
RL Reservoir Link Energy Bhd
0.7x12.4%RM 113.4m

Price-To-Sales vs Peers: RL is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

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

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
SAPNRG Sapura Energy Berhad
0.1x-0.3%US$122.28m
SERBADK Serba Dinamik Holdings Berhad
0.1xn/aUS$16.85m
ALAM Alam Maritim Resources Berhad
0.09xn/aUS$10.19m
No more companies available in this PS range
RL 0.7xIndustry Avg. 0.7xNo. of Companies4PS00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: RL is good value based on its Price-To-Sales Ratio (0.7x) compared to the MY Energy Services industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

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

RL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: RL is expensive based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 RL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.34
RM 0.32
-5.9%
3.1%RM 0.33RM 0.31n/a2
Dec ’25RM 0.33
RM 0.32
-1.5%
3.1%RM 0.33RM 0.31n/a2
Nov ’25RM 0.30
RM 0.32
+4.9%
3.1%RM 0.33RM 0.31n/a2
Oct ’25RM 0.29
RM 0.32
+10.3%
3.1%RM 0.33RM 0.31n/a2
Sep ’25RM 0.28
RM 0.32
+14.3%
3.1%RM 0.33RM 0.31n/a2
Aug ’25RM 0.30
RM 0.32
+6.7%
3.1%RM 0.33RM 0.31n/a2
Jul ’25RM 0.35
RM 0.32
-8.6%
3.1%RM 0.33RM 0.31n/a2
Jun ’25RM 0.30
RM 0.32
+4.9%
3.1%RM 0.33RM 0.31n/a2
May ’25RM 0.32
RM 0.32
0%
3.1%RM 0.33RM 0.31n/a2
Apr ’25RM 0.32
RM 0.32
0%
3.1%RM 0.33RM 0.31n/a2
Mar ’25RM 0.28
RM 0.32
+12.3%
3.1%RM 0.33RM 0.31n/a2
Nov ’24RM 0.32
RM 0.39
+21.9%
2.6%RM 0.40RM 0.38RM 0.302
Oct ’24RM 0.32
RM 0.39
+21.9%
2.6%RM 0.40RM 0.38RM 0.292
Sep ’24RM 0.34
RM 0.39
+16.4%
2.6%RM 0.40RM 0.38RM 0.282
Aug ’24RM 0.34
RM 0.38
+10.3%
4.0%RM 0.39RM 0.36RM 0.302
Jul ’24RM 0.32
RM 0.38
+19.0%
4.0%RM 0.39RM 0.36RM 0.352
Jun ’24RM 0.32
RM 0.38
+17.2%
4.0%RM 0.39RM 0.36RM 0.302
May ’24RM 0.32
RM 0.46
+42.2%
14.3%RM 0.52RM 0.39RM 0.322
Apr ’24RM 0.32
RM 0.46
+42.2%
14.3%RM 0.52RM 0.39RM 0.322
Mar ’24RM 0.34
RM 0.46
+33.8%
14.3%RM 0.52RM 0.39RM 0.282
Feb ’24RM 0.36
RM 0.41
+15.3%
25.3%RM 0.52RM 0.31RM 0.292
Jan ’24RM 0.36
RM 0.41
+15.3%
25.3%RM 0.52RM 0.31RM 0.322
Dec ’23RM 0.45
RM 0.41
-7.8%
25.3%RM 0.52RM 0.31RM 0.322

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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

Reservoir Link Energy Bhd is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Azim Bin Ab RahimBIMB Securities Sdn. Bhd
Khairul FahmiPublic Investment Bank Berhad
Ooi LimRHB Investment Bank