1. Malaysia Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
PETRONAS Gas Berhad

PETRONAS Gas Berhad

6033.KL
PETRONAS Gas BerhadMY flagMalaysian Stock Exchange
17.52
MYR
-0.28
- -
34.67BMarket Cap
PETRONAS Gas Berhad
6033.KL
(Malaysian Stock Exchange)

Recent

price

17.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.78
1.4
1.81
1.97
2.22
2.25
2.31
2.47
2.78
2.76
2.83
2.85
3.11
3.26
3.3
3.22
3.22
Revenue per Share
0.73
0.55
0.71
1.05
0.93
1
0.88
0.91
0.91
0.98
1.02
1.01
0.83
0.92
0.93
0.87
0.86
Basic EPS, GAAP
-0.29
-0.51
-1.03
-0.82
-0.63
-0.59
0.41
0.55
1.21
1.14
1.28
1.11
0.89
0.93
0.95
0.44
0.25
Free Cash Flow per Basic Share
0.5
0.5
0.4
0.5
0.8
0.58
0.6
0.66
0.69
0.72
1.32
0.77
0.82
0.72
0.72
0.72
0.72
Dividend per Share
1
3.73
4.04
4.59
4.72
5.14
5.42
6.19
6.39
6.46
6.1
6.33
6.35
6.55
6.75
6.91
6.91
Book Value per Share
4.3
4.33
4.63
5.19
5.34
5.86
6.14
6.38
6.67
6.86
6.55
6.74
6.78
6.98
7.2
7.43
7.45
Tangible Book Value per Share
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
1,979
Basic Weighted Avg Shares
3,525
2,765
3,577
3,892
4,392
4,456
4,561
4,897
5,498
5,458
5,592
5,649
6,160
6,445
6,538
6,374
6,364
Sales/Revenue/Turnover
52.72
51.38
51.99
48.91
48.77
45.26
46.85
46.53
46.76
46.83
47.75
47.08
37.66
35.28
35.22
35.29
34.8
Operating Margin (%)
- -
- -
- -
- -
- -
- -
877
990
1,137
1,138
1,017
983
1,036
1,141
1,173
1,223
1,254
Depreciation Expense
1,439
1,081
1,405
2,079
1,843
1,987
1,739
1,793
1,793
1,935
2,010
1,989
1,645
1,820
1,836
1,727
1,697
Net Income, GAAP
24.27
24.58
24.11
- -
21.76
0.81
17.58
19.34
19.01
19.44
20.23
20.07
22.51
20.33
18.5
21.69
21.64
Effective Tax Rate (%)
40.83
39.09
39.28
53.41
41.97
44.6
38.13
36.61
32.61
35.46
35.94
35.21
26.71
28.23
28.09
27.1
26.66
Profit Margin (%)
3,049
2,455
878
538
501
1,094
1,511
2,692
3,980
4,125
2,929
3,422
3,703
2,123
2,136
548
1,160
Working Capital
587
445
784
824
861
1,030
2,217
2,979
3,233
3,792
3,134
3,279
3,663
1,859
1,713
1,405
2,199
LT Debt
8,515
8,558
9,167
10,266
10,569
11,595
12,161
12,631
13,200
13,565
12,969
13,340
13,410
13,815
14,239
14,707
14,746
Total Equity
15.9
11.67
14.25
- -
14.72
16.53
13.01
12.2
12.92
12.11
12.63
12.84
10.55
10.59
11.36
10.9
10.45
Return on Invested Capital (%)
57.81
20.96
16.55
- -
18.88
19.21
14.82
12.94
11.48
12.43
12.89
12.58
10.16
11.14
11.44
10.79
10.24
Return on Capital (%)
72.74
23.12
18.3
24.37
20.02
20.37
16.64
15.61
14.41
15.23
16.17
16.17
13.12
14.27
13.96
12.78
12.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
150
119
110
LT Borrowings
1,165
1,065
1,865
LT Finance Leases
915
340
334
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,979
1,979
1,979
Market Capitalization
36,607
35,894
35,538

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,393
2,890
2,482
Cash, Cash Equivalents & STI
2,401
1,919
1,516
Accounts Receivable, Net
822
780
792
Inventories
39
36
36
Total Current Liabilities
1,699
2,341
1,321
Payables & Accruals
- -
- -
- -
ST Debt
150
119
110
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.44%
2.55%
3.29%
Free Cash Flow
-8.78%
-16.02%
-53.68%
Net Income, GAAP
-1.04%
-2.55%
-5.95%
Sales/Revenue/Turnover
3.74%
2.73%
-2.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,619
1,648
1,656
1,615
6,538
2025
1,595
1,590
1,618
1,571
6,374
2026
1,585
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.24
0.25
0.21
0.93
2025
0.24
0.23
0.22
0.18
0.87
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.16
0.16
0.18
0.72
2025
0.22
0.16
0.16
0.18
0.72
2026
0.22
- -
- -
- -
- -
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Business
PETRONAS Gas Berhad (PETGAS; 6033.KL), a subsidiary of Petroliam Nasional Berhad (PETRONAS), engages in the processing, transportation, regasification, and utilities supply related to natural gas primarily in Malaysia. Incorporated in 1983 and headquartered in Kuala Lumpur, the company operates through four main segments: Gas Processing, which separates raw natural gas from offshore East Coast Peninsular Malaysia fields into sales gas, ethane, propane, butane, and condensate; Gas Transportation, which delivers processed gas to power plants, industrial and commercial customers via an extensive pipeline network and provides operations and maintenance services; Regasification, which handles LNG regasification, reloading, truck loading, gassing up, and cooling down at key terminals; and Utilities, which manufactures, markets, and supplies industrial utilities including steam, treated water, and operates power plants for electricity generation. The company serves petrochemical plants, power sectors, and other end-users across Peninsular Malaysia with a focus on reliable energy infrastructure. Recent developments include PETRONAS, its parent, signing a 20-year sales and purchase agreement in July 2025 with Venture Global for 1 million tonnes per annum of LNG from the CP2 LNG facility, building on an existing 1 MTPA deal from Plaquemines LNG, and advancing a proposed 50:50 joint venture with Eni announced in June 2025 to pool Southeast Asia gas assets expected to finalize within 1-2 years.