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Sapura Energy Bhd (5218) Fair Value & Analysis

Energy · MY · Market cap 765M MYR

SE Sapura Energy Bhd 5218 · KLSE
Price0.3250 MYR
Fair Value0.2720 MYR
Upside-16.3%
Quality39/100
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Strengths

Highly profitable · 121.4% net margin

Risks

!Trades 19% ABOVE our fair value of 0.2720 MYR
!Weak Growth (revenue 5y −6.9 %/yr)
!High debt · negative free cash flow
!Mixed vs. peers (7/12)
Weak Growth (revenue 5y −6.9 %/yr)
Highly profitable · 121.4% net margin
High debt · negative free cash flow
Mixed vs. peers (7/12)
Evidence: Medium Range 0.1722 MYR – 0.3254 MYR Share as image

Fair value as of: Aug 14, 2026

From 10 valuation models · updated 11 days ago

Below-average quality, and trading another 19% above our fair value.

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What matters now

  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (0.1722 MYR to 0.3254 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2.80 MYR 0.2500 MYR Fair Value 0.2720 MYR Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range 0.2500 MYR – 2.80 MYR · fair‑value band 0.1722 MYR – 0.3254 MYR · the 0.3250 MYR price screens above the 0.2720 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Sapura Energy Bhd (5218) currently trades at 0.3250 MYR, while our model-based Fair Value estimate is 0.2720 MYR, implying the stock looks roughly 16.3% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Sapura Energy Bhd generated revenue of 3.7B MYR at a net margin of 99.7%. Revenue declined 23.1% year over year. Net debt stands at 3.3B MYR. The stock trades on a trailing P/E of 0.3. Fundamentals as of Aug 14, 2026

Our scenario range runs from 0.1722 MYR (bear case) to 0.3254 MYR (bull case); at 0.3250 MYR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 64% below its 52-week high and 48% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -40% fair-value upside, at -16%, 5218 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.0070 MYR to 0.5447 MYR). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 0.1935 MYR 0.4346 MYR 17.06 MYR 76
Gordon GGM 0.0065 MYR 0.0070 MYR 0.0077 MYR 70
Growth-Adj P/E 0.2940 MYR 0.4198 MYR 0.5457 MYR 68
All 10 models by family
DCF Models
Owner Earnings 0.2978 MYR 0.3961 MYR 0.5609 MYR 31
Earnings-Based
Graham-Dodd 0.2645 MYR 0.3232 MYR 0.3638 MYR 54
Dividend Discount
Gordon GGM 0.0065 MYR 0.0070 MYR 0.0077 MYR 70
DDM Multi-Stage 0.0065 MYR 0.0077 MYR 0.0092 MYR 61
Multiples
P/E Multiple 0.4085 MYR 0.5447 MYR 0.6807 MYR 63
P/S Multiple 0.0350 MYR 0.0469 MYR 0.0585 MYR 58
P/B Multiple 0.0428 MYR 0.0568 MYR 0.0710 MYR 55
Asset-Based
NCAV (Graham) 0.0157 MYR 0.0213 MYR 0.0316 MYR 50
Economic Profit
Residual Income 0.1935 MYR 0.4346 MYR 17.06 MYR 76
Growth Earnings
Growth-Adj P/E 0.2940 MYR 0.4198 MYR 0.5457 MYR 68

Widest divergence: Economic Profit (0.4346 MYR) versus Dividend Discount (0.0070 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 0.3
P/S ratio 0.21 TTM
Net margin 121% TTM
Return on equity -25,630% TTM
Return on assets 0.9% TTM
Operating margin 1.9% TTM
More key figures
Profitability
EPS (TTM) 1.15 MYR
Growth
Revenue (TTM) 3.6B MYR TTM
Revenue growth (YoY) -19.5% 3y avg -6.3%
EPS growth (YoY) -93.7%
Balance sheet & cash flow
Free cash flow −1.8B MYR FY2026
Net debt 3.3B MYR FY2026

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 35 · Market factors (momentum, volatility) 29

Profitability 64
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Vantris Energy Berhad, an investment holding company, provides integrated energy services and solutions in Malaysia, Asia, Australia, the Americas, the Middle East, Africa, and internationally. It operates through Engineering and Construction, Operations and Maintenance, Drilling, and Exploration and Production segments.

Full company description

Vantris Energy Berhad, an investment holding company, provides integrated energy services and solutions in Malaysia, Asia, Australia, the Americas, the Middle East, Africa, and internationally. It operates through Engineering and Construction, Operations and Maintenance, Drilling, and Exploration and Production segments. The company offers engineering, procurement, construction, and commissioning services; and owns and operates tender assist drilling and semi-tender rigs. It also is involved in the construction and installation of offshore platforms, submarine pipelines, subsea facilities, umbilicals, risers, and flowlines; provision of transportation and installation services for heavy lift, pipeline installation, jacket launch, float over, and deepwater projects; undertakes diving equipment and related underwater works; hook-up and commissioning; and well intervention and decommissioning activities. In addition, the company explores, produces, and supplies crude oil and natural gas; offers operation and maintenance services comprising topside maintenance, subsea, brownfield rejuvenation, geosurvey and geotechnical, and other services; and owns and operates a fleet of offshore support vessels. Further, it charters and hires vessels and barges; and provides manpower and treasury management, hydrographic survey, soil investigation, offshore geotechnical, geophysical, crew, chartering, and onshore and offshore oil and gas field services. Additionally, the company engages in the development of marine technology and marine chartering activities; and provision of technical consulting, advising, fabrication, and project management services; marine construction, conversion, repair, and infrastructure services; diving equipment rental; and subsea and floating systems. The company was formerly known as Sapura Energy Berhad and changed its name to Vantris Energy Berhad in August 2025. Vantris Energy Berhad was incorporated in 2011 and is headquartered in Kuala Lumpur, Malaysia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sapura Energy Bhd reported revenue of 3.7B MYR in FY2026 versus 4.1B MYR in FY2022, a compound −2.2%/yr. Reported net income was 3.7B MYR in FY2026.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
3.7B MYR
Latest YoY
−20.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.9%
Avg. revenue growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.8%
Revenue −2.2%/yr
FY22 4.1B MYR
FY23 4.6B MYR
FY24 4.3B MYR
FY25 4.7B MYR
FY26 3.7B MYR
Net income
FY22 −9.1B MYR
FY23 −3.2B MYR
FY24 −509M MYR
FY25 190M MYR
FY26 3.7B MYR

5218 screens 16% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "Sapura Energy Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5218

Peer Group

Oil & Gas Equipment & Services · 193 stocks

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.

Quality Score 39 · Bottom 25%
Fair Value upside −16% · Above median
Return on assets 1% · Below median
Net margin (TTM) 121% · Top 25%
Operating margin (TTM) 2% · Below median
Revenue growth -20% · Bottom 25%
Dividend yield (TTM) 11.5% · Top 25%
Debt / equity 1.57× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/E (TTM) 0.3× · Cheaper than 75% of peers
P/B 0.25× · Cheaper than 75% of peers
P/S (TTM) 0.21× · Cheaper than 75% of peers
EV/EBITDA 6.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE12 · sector 0
FUTURE0 · sector 0
PAST0 · sector 27
HEALTH22 · sector 93
DIVIDEND100 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

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10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

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Frequently asked questions

Is Sapura Energy Bhd (5218) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of 0.2720 MYR versus a price of 0.3250 MYR, about −16% (overvalued).
What is the fair value of 5218?
Our model-based fair value for Sapura Energy Bhd is 0.2720 MYR (as of Aug 14, 2026), built from audited fundamentals. The current price: 0.3250 MYR.
What is the quality score of 5218?
Sapura Energy Bhd has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sapura Energy Bhd (5218)?
Sapura Energy Bhd reported trailing-twelve-month revenue of about 3.7B MYR (latest available figure, as of Aug 14, 2026).
What is the net profit margin of 5218?
The net profit margin of Sapura Energy Bhd is about 99.7%, meaning it keeps roughly 99.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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