Valuation: Velesto Energy

Market Cap 1.82B 445M 398M 371M 337M 635M 42.55B 639M 4.46B 1.75B 21.96B 1.67B 1.63B 70.65B P/E 2026 *
17.5x
P/E 2027 * 14.5x
Enterprise Value 1.9B 466M 417M 389M 352M 665M 44.51B 669M 4.67B 1.83B 22.97B 1.75B 1.71B 73.91B EV / Sales 2026 *
2.6x
EV / Sales 2027 * 2.57x
Free-Float
46.54%
Yield 2026 *
19%
Yield 2027 * 12.8%
09-01 Velesto Energy Berhad Announces Cessation of Alan Hamzah Sendut as Member of the Board Governance & Risk Committee, Effective September 1, 2026 CI
09-01 Velesto Energy Berhad Announces Cessation of Ainul Azhar Bin Ainul Jamal as Board Governance & Risk Committee, Effective September 1, 2026 CI
09-01 Velesto Energy Berhad Appoints Yap Swee Yoke as Member of Risk Committee, Effective September 1, 2026 CI
09-01 Velesto Energy Berhad Announces Cessation of Ahila A/P Ganesan as Member of Nomination and Remuneration Committee, Effective September 1, 2026 CI
09-01 VELESTO ENERGY BERHAD Announces Appointment of Yap Swee Yoke as Member of Nomination and Remuneration Committee, Effective September 1, 2026 CI
09-01 Velesto Energy Berhad Appoints Puan Yap Swee Yoke as Independent and Non Executive Director on September 1, 2026 CI
08-21 Velesto Energy Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
08-21 Velesto Energy Berhad Declares Single-Tier Second Interim Dividend for the Financial Year Ending December 31, 2026, Payable on November 18, 2026 CI
08-10 UOB Kay Hian Upgrades Velesto Energy to Buy from Hold; Price Target is MYR0.29 MT
07-21 Kenanga Investment Bank Upgrades Velesto Energy to Outperform from Market Perform; Price Target is MYR0.32 MT
07-14 Velesto Energy Scraps $63 Million Deal to Sell Jack-up Drilling Rig MT
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
1 day+2.33%
1 month-12.00%
3 months-24.14%
6 months-36.23%
Current year-20.00%
1 week 0.22
Extreme 0.215
0.22
1 month 0.2
Extreme 0.205
0.26
Current year 0.2
Extreme 0.205
0.36
1 year 0.2
Extreme 0.205
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
0.94
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 63 25/08/2021
Director/Board Member 59 25/02/2022
Director/Board Member 50 12/08/2022
Date Insider Type Main position Quantity % Market Cap. Importance
18/03/26 Exercice

Chairperson

7,524,000 0.0916%
18/03/26 Exercice

Chairperson

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

Director

1,000,000 0.0122%
Change 5-day change 1-year change 3-year change Capi.($)
+2.33%0.00%-12.00%-15.38% 435M
0.00%-1.24%-5.26%+40.20% 24.3B
+0.07%+4.50%+9.74%-18.68% 7.32B
+1.48%+4.08%+58.65%-12.62% 6.76B
+1.63%+1.63%+75.00%-26.02% 6.15B
+1.54%+1.74%+71.80%+19.45% 5.81B
-3.79%-0.78%-19.62%+5.83% 4.86B
-3.41%-5.67%+2.22%-8.04% 4.91B
+0.18%-1.90%+99.82%-15.19% 4.31B
-2.91%-3.51%+69.60%-7.63% 3.99B
Average -0.38%+1.89%+35.00%-3.81% 6.89B
Weighted average by Cap. -0.31%+1.44%+26.68%+8.62%

Financials

2026 *2027 *
Net sales 733M 179M 161M 150M 136M 256M 17.15B 258M 1.8B 704M 8.85B 674M 659M 28.48B 779M 191M 171M 159M 144M 272M 18.23B 274M 1.91B 749M 9.41B 716M 701M 30.28B
Net income 111M 27.28M 24.42M 22.76M 20.65M 38.94M 2.61B 39.18M 274M 107M 1.35B 102M 100M 4.33B 136M 33.39M 29.89M 27.86M 25.27M 47.67M 3.19B 47.97M 335M 131M 1.65B 125M 123M 5.3B
Net Debt 83.9M 20.54M 18.39M 17.14M 15.55M 29.32M 1.96B 29.5M 206M 80.63M 1.01B 77.15M 75.44M 3.26B 183M 44.84M 40.15M 37.42M 33.94M 64.02M 4.29B 64.42M 450M 176M 2.21B 168M 165M 7.12B
Projected Income Statement - Annual - Velesto Energy
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 premium jack-up drilling rigs, which can operate in water depths of up to 400 feet. Its drilling services segment is involved in the provision of drilling and well intervention services to the upstream oil and gas sector. The segment owns and operates several drilling rigs and hydraulic workover units that are chartered to oil majors for exploration, development and production activities, including offshore hydraulic workover operations to restore suspended or under-performing wells. The segment also includes investment holding entities, provision of support services, management and corporate services that are integral to the delivery of the Group’s drilling services. Its others segment includes providing premium OCTG threading, repair and inspection services, specialized training and competency development programmers.
Employees
144
Date Price Change Volume
12/10/26 MYR 0.2200 +2.33% 20,187,300
09/10/26 MYR 0.2150 0.00% 1,371,900
08/10/26 MYR 0.2150 -2.27% 4,282,700
07/10/26 MYR 0.2200 +2.33% 23,463,600
06/10/26 MYR 0.2150 0.00% 2,252,500
Trader
Investor
Global
Quality
ESG MSCI
-
Ratings Surperformance© - Velesto Energy
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
0.2150MYR
Average target price
0.3012MYR
Spread / Average Target
+40.12%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - Velesto Energy
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