TENAGA Stock Overview
Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally.
Tenaga Nasional Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM9.02|
|52 Week High||RM11.00|
|52 Week Low||RM9.02|
|1 Month Change||-6.14%|
|3 Month Change||-12.77%|
|1 Year Change||-17.25%|
|3 Year Change||-33.48%|
|5 Year Change||-35.48%|
|Change since IPO||61.07%|
Recent News & Updates
Tenaga Nasional Berhad (KLSE:TENAGA) May Have Issues Allocating Its Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Is Tenaga Nasional Berhad (KLSE:TENAGA) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|TENAGA||MY Electric Utilities||MY Market|
Return vs Industry: TENAGA underperformed the MY Electric Utilities industry which returned 22.3% over the past year.
Return vs Market: TENAGA underperformed the MY Market which returned -5.6% over the past year.
|TENAGA Average Weekly Movement||1.4%|
|Electric Utilities Industry Average Movement||4.9%|
|Market Average Movement||5.6%|
|10% most volatile stocks in MY Market||11.9%|
|10% least volatile stocks in MY Market||2.7%|
Stable Share Price: TENAGA is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: TENAGA's weekly volatility (1%) has been stable over the past year.
About the Company
|1949||35,576||Baharin Bin Din||https://www.tnb.com.my|
Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes, as well as supports independent power producers; and manages and operates the National Grid that is connected to Thailand’s transmission system, as well as Singapore’s transmission system at Senoko. It also supplies fuel and coal for power generation; generates, distributes, supplies, deals in, and sells various energy sources, as well as provides related technical services; develops district cooling systems; operates and maintains co-generation works; manufactures, sells, and repairs distribution, power, and earthing transformers; and develops, owns, and manages dry bulk terminals.
Tenaga Nasional Berhad Fundamentals Summary
|TENAGA fundamental statistics|
Is TENAGA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TENAGA income statement (TTM)|
|Cost of Revenue||RM33.88b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.70|
|Net Profit Margin||8.46%|
How did TENAGA perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is Tenaga Nasional Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TENAGA (MYR9.02) is trading below our estimate of fair value (MYR14.75)
Significantly Below Fair Value: TENAGA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TENAGA is good value based on its PE Ratio (12.9x) compared to the Asian Electric Utilities industry average (15.4x).
PE vs Market: TENAGA is good value based on its PE Ratio (12.9x) compared to the MY market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: TENAGA is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: TENAGA's PB Ratio (0.9x) is in line with the XA Electric Utilities industry average.
How is Tenaga Nasional Berhad forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TENAGA's forecast earnings growth (3.3% per year) is below the savings rate (3.6%).
Earnings vs Market: TENAGA's earnings (3.3% per year) are forecast to grow slower than the MY market (10.9% per year).
High Growth Earnings: TENAGA's earnings are forecast to grow, but not significantly.
Revenue vs Market: TENAGA's revenue (2.3% per year) is forecast to grow slower than the MY market (6.7% per year).
High Growth Revenue: TENAGA's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TENAGA's Return on Equity is forecast to be low in 3 years time (8.6%).
How has Tenaga Nasional Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TENAGA has high quality earnings.
Growing Profit Margin: TENAGA's current net profit margins (8.5%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: TENAGA's earnings have declined by 18.7% per year over the past 5 years.
Accelerating Growth: TENAGA's earnings growth over the past year (31.7%) exceeds its 5-year average (-18.7% per year).
Earnings vs Industry: TENAGA earnings growth over the past year (31.7%) exceeded the Electric Utilities industry 1.1%.
Return on Equity
High ROE: TENAGA's Return on Equity (7.2%) is considered low.
How is Tenaga Nasional Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: TENAGA's short term assets (MYR23.7B) do not cover its short term liabilities (MYR26.2B).
Long Term Liabilities: TENAGA's short term assets (MYR23.7B) do not cover its long term liabilities (MYR91.8B).
Debt to Equity History and Analysis
Debt Level: TENAGA's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: TENAGA's debt to equity ratio has increased from 66.4% to 86.3% over the past 5 years.
Debt Coverage: TENAGA's debt is well covered by operating cash flow (34.6%).
Interest Coverage: TENAGA's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Tenaga Nasional Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TENAGA's dividend (4.43%) is higher than the bottom 25% of dividend payers in the MY market (1.73%).
High Dividend: TENAGA's dividend (4.43%) is low compared to the top 25% of dividend payers in the MY market (4.62%).
Stability and Growth of Payments
Stable Dividend: TENAGA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TENAGA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.2%), TENAGA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TENAGA's dividends in 3 years are forecast to be covered by earnings (63.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Baharin Bin Din (58 yo)
Datuk Ir. Baharin Bin Din has been Chief Executive Officer, President and Executive Director at Tenaga Nasional Berhad since March 1, 2021. He served as Chief Distribution Network Officer at Tenaga Nasiona...
Experienced Management: TENAGA's management team is considered experienced (3.3 years average tenure).
Experienced Board: TENAGA's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tenaga Nasional Berhad's employee growth, exchange listings and data sources
- Name: Tenaga Nasional Berhad
- Ticker: TENAGA
- Exchange: KLSE
- Founded: 1949
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: RM51.649b
- Shares outstanding: 5.73b
- Website: https://www.tnb.com.my
Number of Employees
- Tenaga Nasional Berhad
- No. 129, Jalan Bangsar
- Kuala Lumpur
- Wilayah Persekutuan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/06 15:34|
|End of Day Share Price||2021/12/06 00:00|
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.