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Carimin Petroleum Berhad, an investment holding company, (5257) Fair Value & Analysis

Energy · MY · Market cap 92.4M MYR

CP Carimin Petroleum Berhad, an investment holding company, 5257 · KLSE
Price0.4000 MYR
Fair Value0.2400 MYR
Upside-40.0%
Quality34/100
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Weak Growth
Thin margins · 5.0% net margin
Low debt · negative free cash flow
2.47% dividend yield
Mixed vs. peers (7/13)
Narrow moat 32/100
Evidence: High Range 0.1800 MYR – 0.3000 MYR Share as image

Fair value as of: Jul 11, 2026

From 16 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from 0.2200 MYR to 0.2400 MYR (+9.1%) since Jun 24, 2026.

Below-average quality, and screening another 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.3000 MYR). The favourable scenario is already priced in.
  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

0.9078 MYR 0.3900 MYR Fair Value 0.2400 MYR Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 0.3900 MYR – 0.9078 MYR · fair‑value band 0.1800 MYR – 0.3000 MYR · the 0.4000 MYR price screens above the 0.2400 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Carimin Petroleum Berhad, an investment holding company, (5257) currently trades at 0.4000 MYR, while our model-based Fair Value estimate is 0.2400 MYR, implying the stock looks roughly 40.0% overvalued today. The Quality Score stands at 34/100 (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: high).

Over the trailing twelve months, Carimin Petroleum Berhad, an investment holding company, generated revenue of 190M MYR at a net margin of 1.0%. Revenue declined 23.6% year over year. It earns a return on equity of 0.8%. Net debt stands at 5.5M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.1800 MYR (bear case) to 0.3000 MYR (bull case); at 0.4000 MYR, the current price sits above 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 41% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -36% fair-value upside, at -40%, 5257 screens richer 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.

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 0.6000 MYR 0.5500 MYR 0.3300 MYR 76
ROIC Compounder 0.0800 MYR 0.1000 MYR 0.1000 MYR 72
Gordon GGM 0.1100 MYR 0.1800 MYR 0.2300 MYR 70
All 16 models by family
Earnings-Based
Graham-Dodd 0.0500 MYR 0.1800 MYR 0.2400 MYR 54
Lynch FV 0.0400 MYR 0.0600 MYR 0.0800 MYR 50
PEG = 1.0 0.0400 MYR 0.0600 MYR 0.0800 MYR 46
EPV 0.0800 MYR 0.1000 MYR 0.1000 MYR 59
Dividend Discount
Gordon GGM 0.1100 MYR 0.1800 MYR 0.2300 MYR 70
DDM Multi-Stage 0.1100 MYR 0.1700 MYR 0.1900 MYR 61
Multiples
P/E Multiple 0.0800 MYR 0.1000 MYR 0.1300 MYR 63
P/S Multiple 0.0900 MYR 0.1200 MYR 0.1500 MYR 58
P/B Multiple 0.0900 MYR 0.1200 MYR 0.1500 MYR 55
EV/EBIT 0.1800 MYR 0.2400 MYR 0.3000 MYR 53
EV/EBITDA 0.3000 MYR 0.4000 MYR 0.5100 MYR 54
EV/Revenue 0.2200 MYR 0.3100 MYR 0.4100 MYR 43
Asset-Based
NCAV (Graham) 0.4900 MYR 0.6500 MYR 0.9800 MYR 50
Economic Profit
Residual Income 0.6000 MYR 0.5500 MYR 0.3300 MYR 76
ROIC Compounder 0.0800 MYR 0.1000 MYR 0.1000 MYR 72
Growth Earnings
Growth-Adj P/E 0.0600 MYR 0.0900 MYR 0.1200 MYR 68

Widest divergence: Asset-Based (0.6500 MYR) versus Earnings-Based (0.0600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 218M MYR
Revenue growth (YoY) +109%
Net margin 5.0%
Return on equity 4.6%
Free cash flow −26.4M MYR FY2025
P/E ratio 8.0
More key figures
Operating margin 10.8%
EPS (TTM) 0.0500 MYR
Dividend yield 2.5%
EPS growth (YoY) +1,058%
Net debt 5.5M MYR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 34 · Market factors (momentum, volatility) 32

Profitability 22
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 82
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.

About the company

Carimin Petroleum Berhad, an investment holding company, provides technical and engineering support services for upstream oil and gas companies in Malaysia. The company operates through Manpower Services; Construction, Offshore Hook Up and Commissioning and Topside Major Maintenance; Marine Services; Civil Construction; and Others segments.

Full company description

Carimin Petroleum Berhad, an investment holding company, provides technical and engineering support services for upstream oil and gas companies in Malaysia. The company operates through Manpower Services; Construction, Offshore Hook Up and Commissioning and Topside Major Maintenance; Marine Services; Civil Construction; and Others segments. It offers offshore hook up and commissioning on production platforms comprising final installation, testing, and commissioning of the facilities' structures machinery and equipment; provides vessel chartering, underwater inspection, repair, and maintenance works and services; engineering procurement, structural and piping fabrication, electrical and instrumentation installation, construction, upgrading, and commissioning services. In addition, the company deploys work barges, accommodation vessels, fast crew boats, and anchor handling tug supply vessels; maintenance, hook-up, and commissioning of onshore/offshore facilities including subsea underwater inspections, repair, maintenance works, and services of oil and gas sectors. Further, it offers manpower supply services; equipment rental services; and manages fabrication yards; and provides project management and chartering of offshore support vessel services; and engages in general contracting work and geotechnical engineering related business. Carimin Petroleum Berhad was incorporated in 1989 and is headquartered in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Carimin Petroleum Berhad, an investment holding company, reported revenue of 230M MYR in FY2025 versus 165M MYR in FY2021, a compound +8.6%/yr. Reported net income was 1.7M MYR in FY2025, compounding −40.4%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
230M MYR
Latest YoY
−26.1%
Avg. 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.
+0.3%
Avg. 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.
−9.3%
Avg. growth/yr (13Y) 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.
−3.6%
Revenue +8.6%/yr
FY21 165M MYR
FY22 228M MYR
FY23 255M MYR
FY24 311M MYR
FY25 230M MYR
Net income −40.4%/yr
FY21 13.3M MYR
FY22 6.5M MYR
FY23 22.9M MYR
FY24 42.8M MYR
FY25 1.7M MYR
Character of growth · EPS growth decomposed (2014-2025) +6.6 % p.a.
Revenue per share +4.1 pp

of which total revenue +4.1 pp · buybacks/dilution +0.0 pp

EBIT margin −2.4 pp
Tax rate +2.0 pp
Residual (interest, one-offs) +2.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

5257 screens 40% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "Carimin Petroleum Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5257

Peer Group

Oil & Gas Equipment & Services · 191 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 34 · Bottom 25%
Fair Value upside −41% · Below median
Return on equity (TTM) 5% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) 5% · Below median
Operating margin (TTM) 11% · Above median
Revenue growth 109% · Top 25%
Dividend yield (TTM) 2.5% · Above median
Debt / equity 0.09× · Lower than median

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

P/E (TTM) 8.0× · Cheaper than 75% of peers
P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers
EV/EBITDA 9.4× · Pricier 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.

VALUE 0 · sector 0
FUTURE 100 · sector 0
PAST 18 · sector 28
HEALTH 95 · sector 92
DIVIDEND 49 · sector 31

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 836.00 MXN 533.97 MXN -36%
Baker Hughes Company BKR $55.95 $33.55 -40%
TechnipFMC plc FTI $74.57 $27.57 -63%
Halliburton Company HAL $35.22 $21.50 -39%
Tenaris S.A TS $57.16 $45.68 -20%
Yantai Jereh Oilfield Services Group 002353 ¥138.79 ¥34.17 -75%
Saipem SpA SPM €4.20 €2.72 -35%
Subsea 7 S.A SUBC kr 319.00 kr 227.98 -29%
China Oilfield Services Limited 601808 ¥12.08 ¥12.64 +5%
Gaztransport & Technigaz SA GTT €188.10 €95.01 -49%

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Frequently asked questions

Is Carimin Petroleum Berhad, an investment holding company, (5257) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.2400 MYR versus a price of 0.4000 MYR, about −40% (overvalued).
What is the fair value of 5257?
Our model-based fair value for Carimin Petroleum Berhad, an investment holding company, is 0.2400 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.4000 MYR.
What is the quality score of 5257?
Carimin Petroleum Berhad, an investment holding company, has a Quality Score of 34/100. 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 Carimin Petroleum Berhad, an investment holding company, (5257)?
Carimin Petroleum Berhad, an investment holding company, reported trailing-twelve-month revenue of about 190M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 5257?
The net profit margin of Carimin Petroleum Berhad, an investment holding company, is about 1.0%, meaning it keeps roughly 1.0% 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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