1. Malaysia Stocks

  2. •

    Utilities

  3. •

    Gas distributors
Gas Malaysia Bhd.

Gas Malaysia Bhd.

MMYX:GASMSIA
5.23
MYR
+0.03
(+0.58%)
19.57P/E
Nov 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.8
2.16
2.82
3.16
4.14
4.85
5.36
5.21
4.56
5.96
6.29
6.27
5.71
5.35
Basic EPS, GAAP
0.13
0.13
0.08
0.13
0.13
0.14
0.15
0.17
0.19
0.3
0.3
0.34
0.3
0.27
Free Cash Flow per Basic Share
0.09
0.18
0.02
0.27
-0.24
0.22
-0.05
0.14
0.33
0.37
0.23
0.21
-0.1
-0.07
Dividend per Share
0.14
0.12
0.12
0.09
0.13
0.14
0.14
0.14
0.16
0.19
0.23
0.23
0.26
0.06
Book Value per Share
0.78
0.79
0.76
0.79
0.79
0.8
0.81
0.84
0.88
1
1.07
1.17
1.21
1.17
Tangible Book Value per Share
0.78
0.79
0.76
0.79
0.79
0.8
0.81
0.84
0.88
1
1.07
1.17
1.21
1.17
Basic Weighted Avg Shares
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
1,284
Sales/Revenue/Turnover
2,317
2,773
3,620
4,053
5,315
6,233
6,886
6,687
5,852
7,649
8,079
8,045
7,337
6,866
Operating Margin (%)
9.21
7.45
3.78
5.04
3.89
3.77
3.37
4.37
5.75
7.07
6.27
7.24
7.05
7.1
Depreciation Expense
47
51
54
57
61
66
79
87
94
102
104
110
118
115
Net Income, GAAP
171
168
106
165
161
180
190
213
250
390
383
441
382
348
Effective Tax Rate (%)
22.38
21.35
26.12
22.75
25.17
22.95
21.49
26.89
24.45
28.76
26.07
25.6
26.79
28.11
Profit Margin (%)
7.4
6.04
2.93
4.07
3.03
2.89
2.76
3.18
4.27
5.09
4.75
5.49
5.2
5.07
Working Capital
193
122
41
96
121
12
-132
-175
-291
-140
-156
-68
-69
-194
LT Debt
- -
- -
- -
108
209
181
183
114
13
82
82
282
532
531
Total Equity
1,004
1,013
972
1,021
1,017
1,024
1,043
1,080
1,130
1,278
1,368
1,506
1,560
1,496
Return on Invested Capital (%)
16.35
16.03
9.6
14
13.04
14.34
13.31
14.63
17.16
25.6
22.96
23.55
18.18
16.65
Return on Capital (%)
17.04
16.64
10.45
15.05
14.03
14.93
14.73
15.32
17.43
26.51
24.24
24.73
19.09
17.61
Return on Common Equity (%)
17.04
16.62
10.7
16.59
15.82
17.68
18.39
20.03
22.59
32.35
28.98
30.72
24.9
23.59

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
107
107
219
LT Borrowings
530
530
530
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,284
1,284
1,284
Market Capitalization
5,611
7,704
6,805

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,268
1,248
1,153
Cash, Cash Equivalents & STI
497
549
405
Accounts Receivable, Net
673
699
748
Inventories
- -
- -
- -
Total Current Liabilities
1,337
1,492
1,347
Payables & Accruals
- -
- -
- -
ST Debt
107
107
219
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.92%
7.68%
3.55%
Free Cash Flow
71.61%
-10.06%
-148.58%
Net Income, GAAP
15.58%
14.69%
-13.52%
Sales/Revenue/Turnover
8.26%
2.93%
-8.8%
Total Cash Common Dividend
9.79%
14%
10.84%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,873
1,985
2,132
2,056
8,045
2025
1,845
1,802
1,875
1,815
7,337
2026
1,592
1,585
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.09
0.09
0.09
0.34
2025
0.08
0.08
0.07
0.07
0.3
2026
0.07
0.06
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.06
0.23
2025
- -
- -
- -
0.06
0.26
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Azli Mohamed
Full Time Employees
789
Sector
Utilities
Industry
Gas distributors
Address
No. 5, Jalan Serendah 26/17 Shah Alam SE Malaysia 40732
IPO Date
May 18, 2012
Website
gasmalaysia.com
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Business
Gas Malaysia Berhad (GASMSIA:KL) operates as Malaysia's leading natural gas distribution company, selling, marketing and distributing natural gas to over 1,077 industrial customers, 2,010 commercial customers and 22,032 residential customers across Peninsular Malaysia; it also supplies liquefied petroleum gas (LPG) through reticulation systems, compressed natural gas via virtual pipeline systems, cogeneration energy efficiency solutions and emerging renewable energy options such as biomethane conversion. The company develops, operates and maintains an extensive natural gas distribution system (NGDS) comprising approximately 2,900 kilometers of pipelines, pressure regulating stations and digital monitoring infrastructure, serving sectors including rubber products, food and beverage, chemicals, glass, fabricated metals and hospitality. Founded in 1992 and headquartered at No. 5, Jalan Serendah 26/17, Seksyen 26, Shah Alam, Selangor, Gas Malaysia conducts all principal operations within Peninsular Malaysia through subsidiaries including Gas Malaysia Retail Services Sdn. Bhd., Pelantar Teknik (M) Sdn. Bhd., Gas Malaysia Ventures Sdn. Bhd. and Gas Malaysia Green Ventures Sdn. Bhd. Major shareholders include MMC Corporation Berhad (30.9%), Tokyo Gas Mitsui (18.5%) and Petronas Gas (14.8%). In recent strategic developments, the company launched its 10-year GM32 Strategy to reinforce core natural gas operations, explore opportunities along the gas value chain and diversify into cleaner energy solutions, including plans to expand the NGDS network by an additional 800 kilometers over the next five years with an investment of RM1.2 billion to RM1.4 billion in alignment with Malaysia's National Energy Transition Roadmap; additionally, in April 2024, its subsidiary Gas Malaysia Green Ventures signed a memorandum of collaboration with FGV Palm Industries Sdn. Bhd. to acquire purified biogas for biomethane production, strengthening its green gas initiatives.