Valuation: Velesto Energy

Market Cap 2.31B 568M 497M 458M 425M 807M 53.94B 820M 5.5B 2.14B 26.62B 2.13B 2.09B 92.02B P/E 2026 *
19.1x
P/E 2027 * 18.1x
Enterprise Value 2.42B 594M 520M 479M 444M 843M 56.37B 856M 5.74B 2.23B 27.82B 2.23B 2.18B 96.16B EV / Sales 2026 *
3.18x
EV / Sales 2027 * 3.28x
Free-Float
45.08%
Yield 2026 *
22.1%
Yield 2027 * 10.7%
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+1.79%
1 week+7.55%
Current month+7.55%
1 month-5.00%
3 months-17.39%
6 months+1.79%
Current year+3.64%
1 week 0.26
Extreme 0.26
0.3
1 month 0.26
Extreme 0.26
0.31
Current year 0.26
Extreme 0.26
0.36
1 year 0.18
Extreme 0.175
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.($)
+1.79%+7.55%+58.33%+26.67% 568M
-1.40%-1.75%-3.76%+52.99% 24.86B
+4.78%+5.12%-0.90%-23.52% 6.26B
+2.54%+2.84%+34.41%-16.95% 6.12B
+0.26%+3.81%+43.93% - 5.67B
+1.83%+2.66%+85.24%-35.06% 5.6B
+1.44%+2.74%+59.76%+11.98% 5.17B
+3.45%+7.14%-13.04%+13.21% 4.41B
+6.89%-0.33%+48.30%-29.67% 3.47B
+4.26%-2.78%+98.32%-12.10% 3.18B
Average +2.58%+0.78%+41.06%-1.38% 6.53B
Weighted average by Cap. +1.28%+0.52%+24.54%+14.48%

Financials

2026 *2027 *
Net sales 760M 187M 163M 151M 140M 265M 17.72B 269M 1.81B 702M 8.74B 701M 686M 30.22B 768M 189M 165M 152M 141M 268M 17.91B 272M 1.83B 710M 8.84B 709M 693M 30.55B
Net income 136M 33.38M 29.21M 26.92M 24.96M 47.37M 3.17B 48.14M 323M 126M 1.56B 125M 123M 5.4B 140M 34.32M 30.03M 27.68M 25.66M 48.7M 3.26B 49.49M 332M 129M 1.61B 129M 126M 5.56B
Net Debt 104M 25.6M 22.4M 20.65M 19.14M 36.33M 2.43B 36.92M 248M 96.28M 1.2B 96.12M 94.04M 4.14B 204M 50.15M 43.88M 40.44M 37.49M 71.16M 4.76B 72.31M 485M 189M 2.35B 188M 184M 8.12B
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
08/07/26 MYR 0.2850 +1.79% 17,992,400
07/07/26 MYR 0.2800 0.00% 11,578,200
06/07/26 MYR 0.2800 -1.75% 4,896,100
03/07/26 MYR 0.2850 +7.55% 91,875,500
02/07/26 MYR 0.2650 0.00% 13,686,700
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
0.2800MYR
Average target price
0.3262MYR
Spread / Average Target
+16.52%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 5243 Stock