PETRONAS Dagangan Berhad, (5681) Fair Value & Analysis
Energy · MY · Market cap 19.3B MYR
Fair value as of: Jul 20, 2026
From 25 valuation models · updated 21 days ago
Share price −2.0% over the past month.
A strong business, but screening 19% overvalued on our models.
What matters now
- A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- Our model range runs from 12.11 MYR (bear) to 19.36 MYR (bull), base 15.49 MYR. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 76/100 (high quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.
How to read this chart
60‑month range 15.24 MYR – 22.73 MYR · fair‑value band 12.11 MYR – 19.36 MYR · the 19.24 MYR price screens above the 15.49 MYR fair value. Dashed = 300-day average. As of Jul 20, 2026.
Analysis
PETRONAS Dagangan Berhad, (5681) currently trades at 19.24 MYR, while our model-based Fair Value estimate is 15.49 MYR, implying the stock looks roughly 19.5% overvalued today. The Quality Score stands at 76/100 (high 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, PETRONAS Dagangan Berhad, generated revenue of 40.3B MYR at a net margin of 2.7%. Revenue grew 22.6% year over year. It earns a return on equity of 19.1%. The balance sheet holds a net cash position of 4.5B MYR. Fundamentals as of Jul 20, 2026
Our scenario range runs from 12.11 MYR (bear case) to 19.36 MYR (bull case); at 19.24 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 16% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -48% fair-value upside, at -19%, 5681 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.
All 25 models by family
Widest divergence: Growth DCF (33.44 MYR) versus Asset-Based (4.02 MYR). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 76 · Market factors (momentum, volatility) 49
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
PETRONAS Dagangan Berhad, together with its subsidiaries, engages in retailing and marketing of downstream oil and gas products in Malaysia. It operates through Retail, Commercial, and Convenience segments.
Full company description
PETRONAS Dagangan Berhad, together with its subsidiaries, engages in retailing and marketing of downstream oil and gas products in Malaysia. It operates through Retail, Commercial, and Convenience segments. The company offers fuels and cooking gas products; lubricants, such as passenger car motor oil, motorcycle oil, heavy duty oil, and automotive functional fluid; PETRONAS AutoExpert, a professional vehicle servicing workshop; used cooking oil services; and card services. It also provides gift cards; Setel, a mobile app; payment solutions; and aviation fueling services. In addition, the company is involved in the operation of Café Mesra, which serves handcrafted coffee-on-the-go, pastries, and savories; Makan@Mesra, which offers ready-to-eat meals, snacks, and beverages; and Segar@Mesra, which provides produce and essentials. Further, it engages in the operating, maintaining, and managing aircraft fueling system; and managing oil terminals. The company was founded in 1981 and is based in Kuala Lumpur, Malaysia. PETRONAS Dagangan Berhad is a subsidiary of Petroliam Nasional Berhad (PETRONAS).
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PETRONAS Dagangan Berhad, reported revenue of 38.3B MYR in FY2025 versus 22.5B MYR in FY2021, a compound +14.2%/yr. Reported net income was 1.1B MYR in FY2025, compounding +20.0%/yr from FY2021.
5681 screens 19% overvalued. Compare with Reliance Industries Limited →
Peer Group
Oil & Gas Refining & Marketing · 114 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.
Valuation Multiples vs Oil & Gas Refining & Marketing median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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 Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Reliance Industries Limited RELIANCE | ₹1,293 | ₹835.66 | -35% |
| Valero Energy Corporation VLO | $309.65 | $127.32 | -59% |
| Marathon Petroleum Corporation MPC | $283.74 | $135.80 | -52% |
| Phillips 66 PSX | $196.16 | $101.04 | -48% |
| Neste Oyj NESTE | €31.10 | €4.07 | -87% |
| Formosa Petrochemical Corporation 6505 | 81.30 TWD | 16.68 TWD | -79% |
| Indian Oil Corporation IOC | ₹138.96 | ₹417.35 | +200% |
| HF Sinclair Corporation DINO | $88.59 | $48.90 | -45% |
| Bharat Petroleum Corporation BPCL | ₹315.55 | ₹846.81 | +168% |
| SK Innovation Co 096770 | 121,400 KRW | 58,865 KRW | -52% |
Compare PETRONAS Dagangan Berhad, with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Frequently asked questions
Is PETRONAS Dagangan Berhad, (5681) overvalued or undervalued?
What is the fair value of 5681?
What is the quality score of 5681?
What is the revenue of PETRONAS Dagangan Berhad, (5681)?
What is the net profit margin of 5681?
Does PETRONAS Dagangan Berhad, pay a dividend?
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.
Track PETRONAS Dagangan Berhad, and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.