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Velesto Energy Berhad KLSE:VELESTO Stock Report

Last Price

RM 0.15

Market Cap

RM 1.2b

7D

-6.3%

1Y

-33.3%

Updated

21 Dec, 2024

Data

Company Financials +

Velesto Energy Berhad

KLSE:VELESTO Stock Report

Market Cap: RM 1.2b

VELESTO Stock Overview

An investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. More details

VELESTO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Velesto Energy Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Velesto Energy Berhad
Historical stock prices
Current Share PriceRM 0.15
52 Week HighRM 0.32
52 Week LowRM 0.14
Beta1.16
1 Month Change-21.05%
3 Month Change-23.08%
1 Year Change-33.33%
3 Year Change25.00%
5 Year Change-60.53%
Change since IPO-95.16%

Recent News & Updates

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Jul 02
We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Recent updates

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Jul 02
We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Mar 03
Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Are Investors Undervaluing Velesto Energy Berhad (KLSE:VELESTO) By 29%?

May 25
Are Investors Undervaluing Velesto Energy Berhad (KLSE:VELESTO) By 29%?

Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Mar 20
Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Velesto Energy Berhad (KLSE:VELESTO) Is Carrying A Fair Bit Of Debt

Oct 27
Velesto Energy Berhad (KLSE:VELESTO) Is Carrying A Fair Bit Of Debt

Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Jul 07
Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital

Feb 18
Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital

Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?

Jan 14
Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?

Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital

Nov 18
Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital

Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?

Oct 08
Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?

Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?

Jul 28
Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?

Shareholder Returns

VELESTOMY Energy ServicesMY Market
7D-6.3%-3.1%-1.0%
1Y-33.3%-0.8%10.0%

Return vs Industry: VELESTO underperformed the MY Energy Services industry which returned -0.8% over the past year.

Return vs Market: VELESTO underperformed the MY Market which returned 10% over the past year.

Price Volatility

Is VELESTO's price volatile compared to industry and market?
VELESTO volatility
VELESTO Average Weekly Movement6.3%
Energy Services Industry Average Movement5.3%
Market Average Movement4.8%
10% most volatile stocks in MY Market10.5%
10% least volatile stocks in MY Market2.5%

Stable Share Price: VELESTO has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: VELESTO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988171n/avelesto.com

Velesto Energy Berhad, an investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through Drilling Services, Integrated Services, and Oilfield Services segments. The Drilling Services segment provides drilling services to the upstream oil and gas sector; and owns and operates several drilling rigs which are chartered out to oil majors for their exploration, development, and production activities.

Velesto Energy Berhad Fundamentals Summary

How do Velesto Energy Berhad's earnings and revenue compare to its market cap?
VELESTO fundamental statistics
Market capRM 1.23b
Earnings (TTM)RM 219.23m
Revenue (TTM)RM 1.44b

5.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VELESTO income statement (TTM)
RevenueRM 1.44b
Cost of RevenueRM 571.27m
Gross ProfitRM 871.12m
Other ExpensesRM 651.88m
EarningsRM 219.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.027
Gross Margin60.39%
Net Profit Margin15.20%
Debt/Equity Ratio9.7%

How did VELESTO perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:08
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

Velesto Energy Berhad is covered by 21 analysts. 8 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
Arhnue TanAlliance Research Sdn. Bhd.
Clement ChenBarclays