PBA Holdings Bhd

KLSE:PBA Stock Report

Market Cap: RM 671.9m

PBA Holdings Bhd Past Earnings Performance

Past criteria checks 2/6

PBA Holdings Bhd has been growing earnings at an average annual rate of 28.9%, while the Water Utilities industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 13.1% per year. PBA Holdings Bhd's return on equity is 11.2%, and it has net margins of 22.8%.

Key information

28.87%

Earnings growth rate

28.88%

EPS growth rate

Water Utilities Industry Growth10.54%
Revenue growth rate13.13%
Return on equity11.17%
Net Margin22.85%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Nov 26

Investors Shouldn't Be Too Comfortable With PBA Holdings Bhd's (KLSE:PBA) Earnings

PBA Holdings Bhd ( KLSE:PBA ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...

Recent updates

Analysis Article Nov 26

Investors Shouldn't Be Too Comfortable With PBA Holdings Bhd's (KLSE:PBA) Earnings

PBA Holdings Bhd ( KLSE:PBA ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
Analysis Article Jun 27

PBA Holdings Bhd (KLSE:PBA) Will Pay A Dividend Of MYR0.0225

PBA Holdings Bhd ( KLSE:PBA ) will pay a dividend of MYR0.0225 on the 1st of August. Despite this raise, the dividend...
Analysis Article May 01

PBA Holdings Bhd (KLSE:PBA) Has Announced A Dividend Of MYR0.0225

PBA Holdings Bhd's ( KLSE:PBA ) investors are due to receive a payment of MYR0.0225 per share on 1st of August. Even...
Analysis Article Apr 10

PBA Holdings Bhd's (KLSE:PBA) Subdued P/E Might Signal An Opportunity

With a price-to-earnings (or "P/E") ratio of 4.2x PBA Holdings Bhd ( KLSE:PBA ) may be sending very bullish signals at...
Analysis Article Mar 20

PBA Holdings Bhd (KLSE:PBA) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 22

Investors Still Aren't Entirely Convinced By PBA Holdings Bhd's (KLSE:PBA) Earnings Despite 46% Price Jump

The PBA Holdings Bhd ( KLSE:PBA ) share price has done very well over the last month, posting an excellent gain of 46...
Analysis Article Aug 28

We Ran A Stock Scan For Earnings Growth And PBA Holdings Bhd (KLSE:PBA) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 07

Investors Don't See Light At End Of PBA Holdings Bhd's (KLSE:PBA) Tunnel

PBA Holdings Bhd's ( KLSE:PBA ) price-to-earnings (or "P/E") ratio of 14.3x might make it look like a buy right now...
Analysis Article Jul 04

PBA Holdings Bhd (KLSE:PBA) Is Due To Pay A Dividend Of MYR0.0175

PBA Holdings Bhd's ( KLSE:PBA ) investors are due to receive a payment of MYR0.0175 per share on 26th of July. Although...
Analysis Article Jun 19

PBA Holdings Bhd (KLSE:PBA) Is Due To Pay A Dividend Of MYR0.0175

PBA Holdings Bhd ( KLSE:PBA ) will pay a dividend of MYR0.0175 on the 26th of July. Although the dividend is now...
Analysis Article May 07

Is PBA Holdings Bhd (KLSE:PBA) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 27

PBA Holdings Bhd's (KLSE:PBA) Popularity With Investors Under Threat As Stock Sinks 27%

The PBA Holdings Bhd ( KLSE:PBA ) share price has softened a substantial 27% over the previous 30 days, handing back...
Analysis Article Jan 18

Investors Will Want PBA Holdings Bhd's (KLSE:PBA) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 29

PBA Holdings Bhd's (KLSE:PBA) Shares Leap 28% Yet They're Still Not Telling The Full Story

PBA Holdings Bhd ( KLSE:PBA ) shares have continued their recent momentum with a 28% gain in the last month alone...
Analysis Article Dec 29

PBA Holdings Bhd (KLSE:PBA) Soars 28% But It's A Story Of Risk Vs Reward

Despite an already strong run, PBA Holdings Bhd ( KLSE:PBA ) shares have been powering on, with a gain of 28% in the...
Analysis Article Nov 09

Does PBA Holdings Bhd (KLSE:PBA) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 08

PBA Holdings Bhd (KLSE:PBA) Has Announced That It Will Be Increasing Its Dividend To MYR0.015

PBA Holdings Bhd's ( KLSE:PBA ) periodic dividend will be increasing on the 28th of July to MYR0.015, with investors...
Analysis Article Dec 01

PBA Holdings Bhd (KLSE:PBA) Has Announced A Dividend Of MYR0.015

The board of PBA Holdings Bhd ( KLSE:PBA ) has announced that it will pay a dividend on the 13th of January, with...

Revenue & Expenses Breakdown

How PBA Holdings Bhd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KLSE:PBA Revenue, expenses and earnings (MYR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 265901351170
31 Dec 255681151200
30 Sep 255341441190
30 Jun 255371301190
31 Mar 255411491140
31 Dec 245281441100
30 Sep 24509791040
30 Jun 2448394970
31 Mar 2443736930
31 Dec 2342434870
30 Sep 2340151870
30 Jun 2337760850
31 Mar 2336675840
31 Dec 2234877820
30 Sep 22355100810
30 Jun 2234760810
31 Mar 2233449790
31 Dec 2134244800
30 Sep 2133517830
30 Jun 2133724810
31 Mar 2134231800
31 Dec 2033625800
30 Sep 2033211900
30 Jun 203266820
31 Mar 2033815860
31 Dec 1934025880
30 Sep 19339-104920
30 Jun 19345-100960
31 Mar 19333-104890
31 Dec 18335-103830
30 Sep 1832339770
30 Jun 1832645770
31 Mar 1831944750
31 Dec 1731237710
30 Sep 1732453700
30 Jun 1731959690
31 Mar 1732565680
31 Dec 1632762720
30 Sep 1632554670
30 Jun 1632644670
31 Mar 1631742650
31 Dec 1530038610
30 Sep 1528529630
30 Jun 1526825620

Quality Earnings: PBA has high quality earnings.

Growing Profit Margin: PBA's current net profit margins (22.8%) are lower than last year (27.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PBA's earnings have grown significantly by 28.9% per year over the past 5 years.

Accelerating Growth: PBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PBA had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Water Utilities industry average (-0.8%).


Return on Equity

High ROE: PBA's Return on Equity (11.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 20:44
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

PBA Holdings Bhd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.