Gas Malaysia Berhad (5209.KL)

Malaysia · Energy · MYR

Key financials

ROE: 24.9%; 2025 (actual)
ROA: 10.34%; 2025 (actual)
Gross Margin: 8.96%; 2025 (actual)
Net Margin: 5.2%; 2025 (actual)
Total Assets: MYR 3,707.74M; 2025 (actual)
Net Income: MYR 381.70M; 2025 (actual)
Valuation: MYR 5,434.53M; 2026 (forecast)
Stock Price: MYR 4.23; 2026 (forecast)

Historical & projected performance

Reported figures and Equlion model projections for the next 5 years.

Metric	2025 (actual)	2026 (forecast)	2027	2028	2029	2030	2031
ROE	24.9%	21.32%	19.86%	16.59%	14.33%	12.93%	11.54%
Sector average	-	-19.96%	4.22%	11.29%	6.2%	18.02%	7.92%
ROA	10.34%	8.86%	8.63%	7.92%	7.36%	7.05%	6.6%
Sector average	-	6.3%	5.41%	4.41%	3.65%	3.21%	2.61%

Amounts in MYR (millions); stock price per share. Values that are missing or fail Equlion's automated data-quality checks are shown as “-”. Stock price and valuation carry no data date: they are the Equlion model's estimate for 2026. Projections are model estimates, not investment advice.

Want the full financial forecast report for Gas Malaysia Berhad? It covers the balance sheet, income statement and Equlion model projections.

Net Margin	5.2%	5.07%	5.08%	5.02%	4.99%	5.06%	5.03%
Sector average	-	34.6%	34.26%	33.87%	33.04%	32.6%	33.84%

Total Assets	MYR 3,707.74M	MYR 3,648.95M	MYR 3,995.34M	MYR 4,343.41M	MYR 4,695.23M	MYR 5,067.66M	MYR 5,436.39M
Sector average	-	MYR 11,840.32M	MYR 12,314.53M	MYR 12,790.92M	MYR 13,260.89M	MYR 13,773.70M	MYR 14,898.84M

Net Income	MYR 381.70M	MYR 325.78M	MYR 329.90M	MYR 330.33M	MYR 332.79M	MYR 344.06M	MYR 346.87M
Sector average	-	MYR 439.82M	MYR 440.35M	MYR 441.42M	MYR 430.12M	MYR 456.13M	MYR 481.27M

Valuation	-	MYR 5,434.53M	MYR 5,644.37M	MYR 5,865.07M	MYR 6,096.95M	MYR 6,339.70M	MYR 6,594.66M
Sector average	-	MYR 5,325.43M	MYR 5,519.73M	MYR 5,735.32M	MYR 5,968.14M	MYR 6,202.66M	MYR 6,656.42M

Stock Price	-	MYR 4.23	MYR 4.40	MYR 4.57	MYR 4.75	MYR 4.94	MYR 5.14
Sector average	-	MYR 2.13	MYR 2.20	MYR 2.29	MYR 2.39	MYR 2.48	MYR 2.61