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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Velesto Energy Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM 0.15 |
| 52 Week High | RM 0.32 |
| 52 Week Low | RM 0.14 |
| Beta | 1.16 |
| 1 Month Change | -21.05% |
| 3 Month Change | -23.08% |
| 1 Year Change | -33.33% |
| 3 Year Change | 25.00% |
| 5 Year Change | -60.53% |
| Change since IPO | -95.16% |
Recent News & Updates
Recent updates
We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease
Jul 02
Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 03Are Investors Undervaluing Velesto Energy Berhad (KLSE:VELESTO) By 29%?
May 25Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt
Mar 20Velesto Energy Berhad (KLSE:VELESTO) Is Carrying A Fair Bit Of Debt
Oct 27Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt
Jul 07Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital
Feb 18Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?
Jan 14Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital
Nov 18Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?
Oct 08Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?
Jul 28Shareholder Returns
| VELESTO | MY Energy Services | MY 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
| VELESTO volatility | |
|---|---|
| VELESTO Average Weekly Movement | 6.3% |
| Energy Services Industry Average Movement | 5.3% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in MY Market | 10.5% |
| 10% least volatile stocks in MY Market | 2.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 171 | n/a | velesto.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
| VELESTO fundamental statistics | |
|---|---|
| Market cap | RM 1.23b |
| Earnings (TTM) | RM 219.23m |
| Revenue (TTM) | RM 1.44b |
5.6x
P/E Ratio0.9x
P/S RatioIs VELESTO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VELESTO income statement (TTM) | |
|---|---|
| Revenue | RM 1.44b |
| Cost of Revenue | RM 571.27m |
| Gross Profit | RM 871.12m |
| Other Expenses | RM 651.88m |
| Earnings | RM 219.23m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.027 |
| Gross Margin | 60.39% |
| Net Profit Margin | 15.20% |
| Debt/Equity Ratio | 9.7% |
How did VELESTO perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:08 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Muhammad Afif Bin Zulkaplly | Affin Hwang Investment Bank |
| Arhnue Tan | Alliance Research Sdn. Bhd. |
| Clement Chen | Barclays |