6033 PETGAS | Malaysia
PETRONAS GAS BHD
RM 15.9 on: 2021-04-21
0% Past 1-day return
+0.25% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Trading within Range
Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth better than the industry average.
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Company is in Positive Earning
Fair Value
- PETGAS current price is 3.46% below OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Bank Analyst Price Targets
BUY
RM 19.22
BUY
RM 21.30
HOLD
RM 16.85
Revenue & Earning Growth Analysis
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Cyclical Revenue Growth
PETGAS recorded various revenue growth in different quarters with no clear growth direction.
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Unstable Profit Growth
PETGAS has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
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2020-12-31 | 1,388,740k | -1% | 0.2544 | -15% |
2020-09-30 | 1,407,423k | +1% | 0.2987 | +8% |
2020-06-30 | 1,399,818k | +0% | 0.2765 | +49% |
2020-03-31 | 1,396,136k | +2% | 0.186 | -24% |
2019-12-31 | 1,372,379k | +3% | 0.2452 | +12% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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PETGAS recent daily traded volume is -28.57% lower than past month average.
Past 30-Day | Past 5-Day |
---|---|
7k daily | 5k daily |
Financials
Price History Chart
Past 30-day Average Price: RM15.83
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
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KLCI Component
FTSE Bursa Malaysia KLCI is composed of the 30 largest companies on the Bursa Malaysia by market capitalisation.
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KWSP/EPF Top Holdings
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Oil & Gas
Market News & Investor Opinions
Petronas Gas sees opportunities in economic corridors
Petronas Gas allocates capex up to RM1.3bil in FY21
Petronas Gas says its regas terminals' capacity fully booked
Petronas Gas' RM541m Pulau Indah gas pipeline project progressing as scheduled
Petronas Gas to build RM541 mil pipeline for power plant in Pulau Indah
PetGas posts net profit of RM503.35mil
PetGas to construct new pipeline
PetGas earnings to stay resilient
Petronas Gas to construct 42km gas pipeline costing RM541m
PetGas post net profit of RM503.35mil, div of 27 sen/share
Stock Company Profile
PETRONAS GAS BHD
Petronas Gas Bhd. engages in the processing and distribution of natural gas. It operates through the following segments: Gas Processing, Gas Transportation, Utilities, and Regasification. The Gas Processing segment involves in the processing of natural gas from gas fields offshore the East Coast of Peninsular Malaysia into sales gas and other by-products such as ethane, propane and butane. The Gas Transportation segment includes transportation of the processed gas to PETRONAS’ end customers throughout Malaysia and export to Singapore and provision of operations and maintenance services. The Utilities segment comprises of the manufacturing, marketing and supplying of industrial utilities to the petrochemical complexes in the Kertih and Gebeng Industrial Area and provision of operations and maintenance services. The Regasification segment offers regasification of liquefied natural gas into the Peninsular Gas Utilisation pipeline network. The company was founded on May 23, 1983 and is headquartered in Kuala Lumpur, Malaysia.