Negri Sembilan Oil Palms Berhad (2038.KL)

Malaysia · Industrial & Consumer Products · MYR

Key financials

ROE: 7.18%; 2025 (actual)
ROA: 5.39%; 2025 (actual)
Gross Margin: 52.89%; 2025 (actual)
Net Margin: 29.76%; 2025 (actual)
Total Assets: MYR 905.78M; 2025 (actual)
Net Income: MYR 47.62M; 2025 (actual)
Valuation: MYR 396.49M; 2026 (forecast)
Stock Price: MYR 5.65; 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	7.18%	5.66%	5.72%	6.38%	7.07%	7.33%	7.07%
Sector average	-	11.14%	4.77%	6.23%	5.49%	12.81%	42.42%
ROA	5.39%	4.27%	4.32%	4.74%	5.09%	5.16%	4.98%
Sector average	-	4.3%	2.97%	2.89%	2.8%

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 Negri Sembilan Oil Palms Berhad? It covers the balance sheet, income statement and Equlion model projections.

Gross Margin	52.89%	51.59%	51.59%	51.59%	51.59%	51.59%	51.59%
Sector average	-	36.85%	37%	37%	37%	37.18%	38.52%

Net Margin	29.76%	28.58%	28.41%	28.03%	27.72%	27.54%	27.48%
Sector average	-	3.62%	-8.4%	-7.24%	-6.24%	-5.37%	-6%

Total Assets	MYR 905.78M	MYR 938.33M	MYR 995.07M	MYR 1,093.94M	MYR 1,210.68M	MYR 1,318.70M	MYR 1,402.09M
Sector average	-	MYR 2,057.26M	MYR 2,205.95M	MYR 2,478.11M	MYR 2,809.98M	MYR 3,128.34M	MYR 3,541.71M

Net Income	MYR 47.62M	MYR 39.39M	MYR 41.73M	MYR 49.49M	MYR 58.63M	MYR 65.32M	MYR 67.77M
Sector average	-	MYR 107.56M	MYR 114.03M	MYR 133.42M	MYR 151.81M	MYR 168.40M	MYR 176.63M

Valuation	-	MYR 396.49M	MYR 412.64M	MYR 429.32M	MYR 446.52M	MYR 464.37M	MYR 483.04M
Sector average	-	MYR 1,597.02M	MYR 1,655.18M	MYR 1,722.24M	MYR 1,796.88M	MYR 1,878.25M	MYR 1,494.72M

Stock Price	-	MYR 5.65	MYR 5.88	MYR 6.12	MYR 6.36	MYR 6.61	MYR 6.88
Sector average	-	MYR 1.47	MYR 1.52	MYR 1.58	MYR 1.65	MYR 1.72	MYR 1.51