Valuation: Velesto Energy

Market Cap 2.35B 578M 506M 465M 433M 821M 55.07B 834M 5.58B 2.17B 27.07B 2.17B 2.12B 93.28B P/E 2026 *
19.4x
P/E 2027 * 18.4x
Enterprise Value 2.46B 604M 528M 485M 452M 858M 57.5B 871M 5.83B 2.26B 28.27B 2.27B 2.22B 97.4B EV / Sales 2026 *
3.24x
EV / Sales 2027 * 3.33x
Free-Float
45.08%
Yield 2026 *
21.8%
Yield 2027 * 10.5%
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
06-04 Velesto Energy Berhad Announces Retirement of Puan Haida Shenny Binti Hazri as Member of the Nomination and Remuneration Committee, Effective June 4, 2026 CI
1 day-1.75%
1 week+3.70%
Current month+5.66%
1 month-6.67%
3 months-21.13%
6 months+1.82%
Current year+1.82%
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
Director of Finance/CFO 61 01/06/2020
President 59 25/02/2022
Chief Operating Officer 52 01/09/2022
Director TitleAgeSince
Chairman 54 05/06/2026
Director/Board Member 66 02/02/2024
Director/Board Member 66 02/09/2025
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.($)
-1.75%+3.70%+55.56%+24.44% 578M
0.00%-2.07%-2.91%+54.35% 24.73B
+0.31%+2.22%-2.56%-24.88% 6.37B
+2.45%-0.89%+33.77%-12.59% 6.06B
+3.90%-0.98%+82.67%-31.16% 5.65B
+1.89%+4.82%+46.67% - 5.59B
+3.99%-1.32%+65.82%+17.02% 5.22B
+3.51%+5.36%-14.49%+11.32% 4.54B
+1.05%-9.70%+37.24%-29.02% 3.29B
+1.23%-7.40%+90.62%-11.21% 3.13B
Average +1.29%-1.82%+39.24%-0.19% 6.52B
Weighted average by Cap. +1.10%-1.93%+23.94%+16.07%

Financials

2026 *2027 *
Net sales 760M 187M 163M 150M 140M 265M 17.77B 269M 1.8B 700M 8.73B 700M 685M 30.1B 768M 189M 165M 152M 141M 268M 17.96B 272M 1.82B 707M 8.83B 708M 693M 30.43B
Net income 136M 33.37M 29.18M 26.81M 24.99M 47.4M 3.18B 48.12M 322M 125M 1.56B 125M 123M 5.38B 140M 34.31M 29.99M 27.57M 25.69M 48.73M 3.27B 49.47M 331M 129M 1.61B 129M 126M 5.53B
Net Debt 104M 25.59M 22.37M 20.56M 19.17M 36.35M 2.44B 36.9M 247M 95.96M 1.2B 96.07M 94.01M 4.13B 204M 50.13M 43.83M 40.28M 37.54M 71.21M 4.77B 72.29M 484M 188M 2.35B 188M 184M 8.09B
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
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
01/07/26 MYR 0.2650 0.00% 12,547,800
30/06/26 MYR 0.2650 -1.85% 35,411,200
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
0.2850MYR
Average target price
0.3262MYR
Spread / Average Target
+14.47%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 5243 Stock