Valuation: Velesto Energy

Market Cap 2.35B 578M 506M 467M 431M 818M 55.16B 832M 5.58B 2.19B 27.17B 2.17B 2.12B 93.42B P/E 2026 *
19.8x
P/E 2027 * 18.7x
Enterprise Value 2.46B 604M 528M 487M 450M 854M 57.6B 868M 5.82B 2.29B 28.38B 2.27B 2.22B 97.55B EV / Sales 2026 *
3.24x
EV / Sales 2027 * 3.33x
Free-Float
45.08%
Yield 2026 *
21.4%
Yield 2027 * 10.3%
07-07 CIMB Securities Starts Velesto Energy at Buy with MYR0.35 Price Target MT
07-03 BIMB Securities Upgrades Velesto Energy to Buy From Hold; Price Target is MYR0.32 MT
06-05 Velesto Energy Bhd Announces Appointment of Nasution Mohamed as Non Independent and Non Executive Chairman, Effective June 5, 2026 CI
06-04 Velesto Energy Berhad Announces Board Committee Changes, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Retirement of Puan Rowina Ghazali Seth as Independent and Non Executive Member of Audit Committee, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Retirement of Encik Mohd Rashid Bin Mohd Yusof as Non Independent and Non Executive Chairman, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Retirement of Puan Haida Shenny Binti Hazri as Non Independent and Non Executive Director, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Appointment of Puan Nadzrin Alia Md Azizis as Non Independent and Non Executive Member of Nomination and Remuneration Committee, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Retirement of Puan Rowina Ghazali Seth as Independent and Non Executive Director, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Retirement of Puan Rowina Ghazali Seth as Independent and Non Executive Chairman of Nomination and Remuneration Committee, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Appointment of Nadzrin Alia Md Azizis as Non Independent and Non Executive Member of Risk Committee, Effective June 4, 2026 CI
06-04 Velesto Energy Berhad Announces Redesignation of Dr. Mohd Shahreen Zainooreen Bin Madros from Member of Risk Committee to Chairman of Risk Committee, Effective June 04, 2026 CI
06-04 Velesto Energy Berhad Announces Redesignation of Encik Ainul Azhar Bin Ainul Jamal from Member of Nomination and Remuneration Committee to Chairman of Nomination and Remuneration Committee, Effective June 4, 2026 CI
1 day-1.72%
1 week+1.79%
Current month+7.55%
1 month-1.72%
3 months-17.39%
6 months+5.56%
Current year+3.64%
1 week 0.28
Extreme 0.275
0.3
1 month 0.26
Extreme 0.26
0.3
Current year 0.26
Extreme 0.26
0.36
1 year 0.18
Extreme 0.18
0.36
3 years 0.13
Extreme 0.13
0.36
5 years 0.08
Extreme 0.075
0.36
10 years 0.08
Extreme 0.075
1.04
Manager TitleAgeSince
President 59 25/02/2022
Director of Finance/CFO 61 01/06/2020
Chief Operating Officer 52 01/09/2022
Director TitleAgeSince
Director/Board Member 62 25/08/2021
Director/Board Member 59 25/02/2022
Director/Board Member 51 12/08/2022
Date Insider Type Main position Quantity % Market Cap.
03-18Fiscal year

Chairperson

7,524,000 0.0916%
03-18Fiscal year

Chairperson

7,524,000 0.0916%
10/09/24Buy

Director

1,000,000 0.0122%
Change 5-day change 1-year change 3-year change Capi.($)
-1.72%+1.79%+54.05%+21.28% 589M
0.00%+1.94%+1.76%+58.63% 25.21B
+2.93%+3.41%-3.05%-24.60% 6.43B
+5.51%+2.40%+29.02%-19.68% 6.38B
+2.79%+2.77%+82.46%-35.16% 5.81B
-1.77%-2.64%+37.32% - 5.64B
+2.45%+2.95%+55.45%+9.73% 5.37B
-1.64%+1.69%-26.83%+5.26% 4.62B
+3.35%+8.43%+43.36%-32.40% 3.56B
+2.49%+6.49%+94.12%-10.76% 3.33B
Average +1.46%+3.55%+36.77%-3.08% 6.69B
Weighted average by Cap. +1.29%+2.86%+23.50%+15.14%

Financials

2026 *2027 *
Net sales 760M 187M 163M 151M 139M 264M 17.8B 268M 1.8B 706M 8.77B 701M 685M 30.14B 768M 189M 165M 152M 141M 267M 17.99B 271M 1.82B 714M 8.86B 708M 693M 30.48B
Net income 136M 33.38M 29.19M 26.93M 24.87M 47.19M 3.18B 47.98M 322M 126M 1.57B 125M 123M 5.39B 140M 34.31M 30.01M 27.68M 25.57M 48.51M 3.27B 49.33M 331M 130M 1.61B 129M 126M 5.54B
Net Debt 104M 25.6M 22.39M 20.65M 19.07M 36.19M 2.44B 36.8M 247M 96.89M 1.2B 96.1M 94.01M 4.13B 204M 50.13M 43.85M 40.45M 37.36M 70.89M 4.78B 72.08M 483M 190M 2.36B 188M 184M 8.1B
Logo Velesto Energy
Velesto Energy Berhad is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry. The Company owns and operates six jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet. The Company is also a provider of workover services through its fleet of hydraulic workover units. In addition, it provides integrated drilling and workover services to meet its clients’ requirements. The Company has four segments. The drilling services segment is principally involved in the provision of drilling services to the upstream oil and gas sector. This segment owns and operates several drilling rigs. The integrated services segment principally provide hydraulic workover operation. The oilfield services segment principally provides oil country tubular goods threading, repair and inspection services. The others segment is involved in investment holding, provision of support services, management and corporate services.
Employees
144
Date Price Change Volume
13/07/26 MYR 0.2850 -1.72% 8,336,700
10/07/26 MYR 0.2900 0.00% 16,368,200
09/07/26 MYR 0.2900 +1.75% 8,900,100
08/07/26 MYR 0.2850 +1.79% 17,992,400
07/07/26 MYR 0.2800 0.00% 11,578,200
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
0.2900MYR
Average target price
0.3262MYR
Spread / Average Target
+12.50%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 5243 Stock