Valuation: Velesto Energy

Market Cap 1.57B 385M 343M 317M 288M 540M 36.43B 548M 3.81B 1.5B 19.08B 1.44B 1.41B 60.46B P/E 2026 *
15.5x
P/E 2027 * 12.7x
Enterprise Value 1.65B 405M 362M 334M 303M 569M 38.37B 577M 4.02B 1.58B 20.1B 1.52B 1.49B 63.69B EV / Sales 2026 *
2.26x
EV / Sales 2027 * 2.31x
Free-Float
46.54%
Yield 2026 *
20.1%
Yield 2027 * 14.2%
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 week-7.32%
Current month-13.64%
1 month-17.39%
3 months-28.30%
6 months-40.62%
Current year-30.91%
1 week 0.18
Extreme 0.18
0.21
1 month 0.18
Extreme 0.18
0.24
Current year 0.18
Extreme 0.18
0.36
1 year 0.18
Extreme 0.18
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
Director of Finance/CFO 61 31/05/2020
President 59 24/02/2022
Chief Operating Officer 52 31/08/2022
Director TitleAgeSince
Director/Board Member 63 24/08/2021
Director/Board Member 59 24/02/2022
Director/Board Member 50 11/08/2022
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.($)
0.00%-7.32%-25.49%-25.49% 385M
-0.18%+2.73%-3.25%+59.60% 24.69B
-0.07%-1.66%+5.04%-18.63% 7.28B
+0.66%+10.34%+77.78%-15.08% 6.79B
+0.51%+10.08%+86.20%+33.16% 6.4B
-6.06%-5.71%-1.84%-10.55% 4.56B
+2.50%-0.81%-24.07%+6.03% 4.53B
-2.87%+0.27%+86.51%-17.11% 4.45B
-2.93%-1.46%+58.07%-11.95% 3.71B
+0.04%+6.26%+60.59%+20.65% 3.08B
Average -0.86%+0.34%+31.95%+2.06% 6.59B
Weighted average by Cap. -0.63%+2.72%+25.75%+20.62%

Financials

2026 *2027 *
Net sales 733M 179M 160M 148M 134M 252M 17B 256M 1.78B 701M 8.91B 674M 659M 28.22B 761M 186M 166M 153M 139M 261M 17.64B 265M 1.85B 728M 9.24B 699M 684M 29.29B
Net income 111M 27.29M 24.36M 22.47M 20.42M 38.3M 2.58B 38.89M 271M 107M 1.35B 102M 100M 4.29B 129M 31.63M 28.24M 26.05M 23.67M 44.4M 3B 45.08M 314M 124M 1.57B 119M 116M 4.97B
Net Debt 83.9M 20.55M 18.34M 16.92M 15.37M 28.84M 1.95B 29.28M 204M 80.29M 1.02B 77.12M 75.47M 3.23B 183M 44.86M 40.05M 36.94M 33.57M 62.97M 4.25B 63.94M 445M 175M 2.23B 168M 165M 7.05B
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
23/10/26 MYR 0.1900 0.00% 14,679,600
22/10/26 MYR 0.1900 -2.56% 21,749,100
21/10/26 MYR 0.1950 -2.50% 53,711,700
20/10/26 MYR 0.2000 -4.76% 19,395,500
19/10/26 MYR 0.2100 +2.44% 10,844,800
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Velesto Energy
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
0.1900MYR
Average target price
0.2875MYR
Spread / Average Target
+51.32%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - Velesto Energy
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