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Velesto Energy Berhad KLSE:VELESTO Stock Report

Last Price

RM 0.20

Market Cap

RM 1.7b

7D

5.1%

1Y

-16.3%

Updated

06 Oct, 2024

Data

Company Financials +

Velesto Energy Berhad

KLSE:VELESTO Stock Report

Market Cap: RM 1.7b

VELESTO Stock Overview

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

VELESTO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends2/6

Velesto Energy Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Velesto Energy Berhad
Historical stock prices
Current Share PriceRM 0.20
52 Week HighRM 0.32
52 Week LowRM 0.18
Beta1.1
11 Month Change5.13%
3 Month Change-24.07%
1 Year Change-16.33%
33 Year Change32.26%
5 Year Change-35.94%
Change since IPO-93.39%

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?

Downgrade: Here's How Analysts See Velesto Energy Berhad (KLSE:VELESTO) Performing In The Near Term

Jun 02
Downgrade: Here's How Analysts See Velesto Energy Berhad (KLSE:VELESTO) Performing In The Near Term

Shareholder Returns

VELESTOMY Energy ServicesMY Market
7D5.1%1.8%-1.2%
1Y-16.3%8.1%13.0%

Return vs Industry: VELESTO underperformed the MY Energy Services industry which returned 8.1% over the past year.

Return vs Market: VELESTO underperformed the MY Market which returned 13% over the past year.

Price Volatility

Is VELESTO's price volatile compared to industry and market?
VELESTO volatility
VELESTO Average Weekly Movement7.0%
Energy Services Industry Average Movement7.0%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.0%
10% least volatile stocks in MY Market3.0%

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 (7%) 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 1.68b
Earnings (TTM)RM 177.52m
Revenue (TTM)RM 1.38b

9.5x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VELESTO income statement (TTM)
RevenueRM 1.38b
Cost of RevenueRM 553.13m
Gross ProfitRM 826.14m
Other ExpensesRM 648.61m
EarningsRM 177.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin59.90%
Net Profit Margin12.87%
Debt/Equity Ratio13.3%

How did VELESTO perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

12%

Payout Ratio

Does VELESTO pay a reliable dividends?

See VELESTO dividend history and benchmarks
When do you need to buy VELESTO by to receive an upcoming dividend?
Velesto Energy Berhad dividend dates
Ex Dividend DateOct 29 2024
Dividend Pay DateNov 28 2024
Days until Ex dividend22 days
Days until Dividend pay date52 days

Does VELESTO pay a reliable dividends?

See VELESTO dividend history and benchmarks