6033 PETGAS | Malaysia
PETRONAS GAS BHD
RM 16.54 on: 2021-01-20
-0.48% Past 1-day return
-0.6% 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 worse than the industry average.
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Company is not in Profit
Fair Value
- PETGAS current price is 0% above 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
HOLD
RM 16.85
BUY
RM 19.22
BUY
RM 21.30
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
PETGAS has been achieving revenue growth for past 4 quarters by average +1%.
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Recent Positive Profit Growth
PETGAS managed to achieve better profit growth on the past 2 quarters by average +28%.
Past Quarter Reports
Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
---|---|---|---|---|
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% |
2019-09-30 | 1,338,061k | -3% | 0.2181 | -14% |
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 0% lower than past month average.
Past 30-Day | Past 5-Day |
---|---|
4k daily | 4k daily |
Financials
Price History Chart
Past 30-day Average Price: RM17.1
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 extends steam supply to Japan-owned Polyplastics
Petronas Gas extends steam supply to Polyplastics
Analysts raise target price for PetGas after 3Q results beat expectations
Sterling results by Petronas Gas
[Alex Lu] PETGAS: Better Earnings, Lower Prices
Petronas Gas 3Q net profit jumps 36.9% to RM591.01mil
PetGas net profit up 37% to RM591m in 3Q, declares 18 sen dividend
Petronas Gas 3Q net profit up at RM591m as revenue tops RM1b
Petronas Gas says RM1.7b Sukuk issue oversubscribed by 3 times
Petronas Gas says subsidiary's RM1.7b sukuk issue oversubscribed by three times
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.