Petronas Chemicals Group Bhd (5183) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Petronas Chemicals Group Bhd stock MYR 3.02, price MYR 4.31, that is 29.9% below the price, quality 43 out of 100. Rating: overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
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Petronas Chemicals Group Bhd
5183 · KLSEOur calculation puts a fair price 30% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range 2.75 MYR – 9.29 MYR · fair‑value band 2.88 MYR – 3.46 MYR · the 4.31 MYR price screens above the 3.02 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.
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Company profile
PETRONAS Chemicals Group Berhad, an investment holding company, engages in production and sale of chemicals. The company operates through Olefins and Derivatives, Fertilisers and Methanol, Specialties, and Other segments.
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It offers polymers comprising HDPE blown films, blow moulding, and pipes; linear low density polyethylene; and homopolymer, copolymer, and terpolymer; and PETRONAS Wellbore, PETRONAS Rig, and PETRONAS Tank solutions.
In addition, the company offers ethylene, propylene, ethylene glycols, butyl glycol ethers, butanol (n-butanol and iso-butanol), butyl acetate, polyethylene glycols, ethonas FAE, nonylphenol ethoxylates, ethanolamines ethonas, and gas treating solvents; methanol, paraxylene, benzene, methyl tertiary butyl ether, and butadiene; ammonia and urea; PETRONAS Aireblue, a diesel exhaust fluid; and oxo-alcohols, as well as trades in and markets petrochemical products; and trades in chemical products.
Further, it engages in processing feedstock into ammonia, syngas, carbon monoxide, paraxylene, benzene and other byproducts, n-butane, hydrocarbon by-products, isobutylene, ethylene oxide derivatives, propylene derivatives, and related chemical products; and manufacturing of basic specialty polyols and propionates, formats, organic acids and formaldehyde, aldehydes, carboxylic acids, plasticizers, phthalic anhydride, trimethylolpropane, pentaerythritol, di- pentaerythritol, sodium and calcium formats, preservative acids, nutritional salts, and other chemical products.
Additionally, the company owns, operates, and manages Kertih marine facilities; processing natural gas into urea and ammonia; reselling, formulating, and manufacturing silicones, lube oil additives, and chemicals; and real estate business.
The company was founded in 1985 and is based in Kuala Lumpur, Malaysia. PETRONAS Chemicals Group Berhad is a subsidiary of Petroliam Nasional Berhad.
Stock analysis
Petronas Chemicals Group Bhd (5183) currently trades at 4.31 MYR, while our model-based Fair Value estimate is 3.02 MYR, 30% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 2.77 MYR per share, and 0 of the 13 models we run sit above the 4.31 MYR price.
Bear case: the Multiples group reads lowest at 1.45 MYR, and 13 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 2.88 MYR (bear) to 3.46 MYR (bull), the price of 4.31 MYR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Petronas Chemicals Group Bhd reported revenue of 27.5B MYR in FY2025 versus 23.0B MYR in FY2021, a compound +4.5%/yr. Reported net income was −2.1B MYR in FY2025.
Key figures
Market cap 34.5B MYR (≈ $8.5B) Mid · P/S ratio 1.24 · EPS (TTM) −0.0300 MYR · Dividend yield 2.3% · Net margin −0.8% · Return on equity −0.4% · Return on assets (EBIT) 7.0% · Operating margin 8.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 19 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 49% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −17% fair-value upside, at −30%, 5183 screens richer than that median.
Fair Value models
All 13 models by family
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
5183 screens overvalued: fair value 30% below the price. Compare with BASF SE →
Compare Petronas Chemicals Group Bhd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Chemicals · 340 stocks
Valuation Multiplesvs Chemicals median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Dividend yield by industry
- EV/EBITDA by industry
- PEG screener for stocks with fair value
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Chemicals stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| LG Chem, Ltd 051910 | 246,000 KRW | 587,755 KRW | +139% | vs 5183 |
| Dow Inc DOW | $32.70 | $41.88 | +28% | vs 5183 |
| Hengli Petrochemical Co 600346 | ¥16.98 | ¥19.26 | +13% | vs 5183 |
| Ningxia Baofeng Energy Group 600989 | ¥21.50 | ¥22.31 | +4% | vs 5183 |
| Syensqo SA SYENS | €79.00 | €65.52 | −17% | vs 5183 |
| BASF SE BAS | €56.09 | €38.46 | −31% | vs 5183 |
| Jiangsu Eastern Shenghong Co 000301 | ¥10.79 | ¥6.28 | −42% | vs 5183 |
| Zhejiang Juhua Co 600160 | ¥33.25 | ¥19.31 | −42% | vs 5183 |
| Formosa Chemicals & Fibre Corporation 1326 | 65.00 TWD | 35.32 TWD | −46% | vs 5183 |
| Zangge Mining Company 000408 | ¥69.19 | ¥17.47 | −75% | vs 5183 |
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Key figures of Petronas Chemicals Group Bhd
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