Reported figures and Equlion model projections for the next 5 years.
Metric
2025 (actual)
2026 (forecast)
2027
2028
2029
2030
2031
Trend
ROE
9.48%
9.32%
9.65%
8.14%
7.27%
7.85%
7.03%
Sector average
-
-19.96%
4.22%
11.29%
6.2%
18.02%
7.92%
ROA
2.39%
2.35%
2.49%
2.23%
2.1%
2.39%
2.24%
Sector average
-
6.3%
5.41%
4.41%
3.65%
3.21%
2.61%
Gross Margin
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.
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23.96%
100%
100%
100%
100%
100%
100%
Sector average
-
30.97%
30.97%
30.97%
30.97%
30.97%
31.44%
Net Margin
7.04%
6.5%
7.02%
6.39%
6.08%
6.95%
6.6%
Sector average
-
34.6%
34.26%
33.87%
33.04%
32.6%
33.84%
Total Assets
MYR 198,354.50M
MYR 205,654.00M
MYR 211,413.94M
MYR 216,809.52M
MYR 222,078.16M
MYR 228,434.39M
MYR 234,370.00M
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 4,768.10M
MYR 4,750.78M
MYR 5,190.57M
MYR 4,783.13M
MYR 4,611.70M
MYR 5,376.55M
MYR 5,180.91M
Sector average
-
MYR 439.82M
MYR 440.35M
MYR 441.42M
MYR 430.12M
MYR 456.13M
MYR 481.27M
Valuation
-
MYR 76,928.94M
MYR 79,876.65M
MYR 83,013.87M
MYR 86,327.22M
MYR 89,743.11M
MYR 93,352.20M
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 13.20
MYR 13.70
MYR 14.24
MYR 14.81
MYR 15.40
MYR 16.01
Sector average
-
MYR 2.13
MYR 2.20
MYR 2.29
MYR 2.39
MYR 2.48
MYR 2.61
Tenaga Nasional Berhad (5347.KL) Financial Forecast | Equlion
