1. Malaysia Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Wasco Berhad

Wasco Berhad

MMYX:WASCO
0.71
MYR
+0.01
(+0.71%)
4.05P/E
Nov 24Next 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
2.29
3.14
2.37
1.64
3.21
3.82
3.25
1.82
1.85
3.06
3.37
4.11
3.36
2.75
Basic EPS, GAAP
0.04
0.16
0.01
-0.29
0.15
0.08
0.03
-0.38
-0.14
-0.01
0.14
0.2
0.21
0.17
Free Cash Flow per Basic Share
0.08
-0.12
0.08
-0.01
-0.18
0.13
0.19
0.07
0.16
0.17
0.14
0.16
0.12
0.14
Dividend per Share
0.04
0.04
0.04
0.01
- -
- -
- -
- -
- -
- -
- -
- -
0.05
0.03
Book Value per Share
1.26
1.38
1.44
1
1.15
1.23
1.27
0.91
0.76
0.75
0.91
1.09
1.34
1.35
Tangible Book Value per Share
0.88
0.97
1.13
0.64
0.85
0.93
1.08
0.73
0.57
0.55
0.71
0.89
1.15
1.16
Basic Weighted Avg Shares
779
776
777
777
776
776
774
773
774
774
774
774
774
774
Sales/Revenue/Turnover
1,779
2,439
1,840
1,277
2,492
2,961
2,515
1,409
1,429
2,366
2,606
3,185
2,605
2,131
Operating Margin (%)
4.87
9.1
2.05
-11.82
6.42
5.55
4.89
-0.08
3.13
9.31
10.28
10.46
8.02
9.88
Depreciation Expense
59
78
91
87
146
190
154
97
66
71
83
109
92
89
Net Income, GAAP
32
126
9
-228
113
65
24
-295
-107
-6
108
153
161
134
Effective Tax Rate (%)
49.79
25.88
133.24
- -
6.49
44.1
- -
- -
- -
51.98
31.22
24.76
20.06
21.19
Profit Margin (%)
1.82
5.15
0.51
-17.88
4.54
2.19
0.96
-20.95
-7.52
-0.27
4.16
4.81
6.16
6.27
Working Capital
101
-61
-32
-479
115
-266
-107
-176
-220
-156
-55
137
457
423
LT Debt
182
136
316
- -
202
129
439
301
328
297
257
304
336
309
Total Equity
1,156
1,268
1,225
868
990
1,037
1,041
754
638
679
820
948
1,169
1,156
Return on Invested Capital (%)
2.35
7.78
-0.53
- -
7.36
4.72
- -
- -
- -
6.27
10.4
14.26
9.51
9.89
Return on Capital (%)
2.23
5.6
0.95
- -
7.41
4.75
- -
- -
- -
-2.09
5.93
10.49
11.08
9.69
Return on Common Equity (%)
3.28
12.2
0.86
-24.06
13.54
7.01
2.49
-35.06
-16.64
-1.08
16.87
19.78
17.09
13.82

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
269
219
198
LT Borrowings
104
96
89
LT Finance Leases
232
229
221
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
774
774
774
Market Capitalization
685
852
542

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,417
1,405
1,189
Cash, Cash Equivalents & STI
401
400
363
Accounts Receivable, Net
358
426
381
Inventories
186
162
131
Total Current Liabilities
960
978
767
Payables & Accruals
- -
- -
- -
ST Debt
269
219
198
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.32%
10.15%
23.28%
Free Cash Flow
137.7%
21.67%
-28.88%
Net Income, GAAP
-602.52%
-386.46%
4.9%
Sales/Revenue/Turnover
10.55%
16.23%
-18.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
644
703
636
984
3,185
2025
719
694
600
592
2,605
2026
451
487
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.05
0.03
0.05
0.2
2025
0.05
0.04
0.04
0.07
0.21
2026
0.01
0.04
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
0.03
0.05
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Gian Carlo Maccagno
Full Time Employees
5,752
Sector
Non-energy minerals
Industry
Steel
Address
The Gardens North Tower Kuala Lumpur WP Malaysia 59200
IPO Date
Jul 9, 2002
Website
wascoenergy.com
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Business
Wasco Berhad Wasco Berhad engages in investment holding and provides management services to subsidiaries as a leading global energy infrastructure group specializing in pipe coating, corrosion protection, engineering procurement and construction (EPC), fabrication, renewable energy solutions, and industrial trading. The company operates through key segments including Energy Services, offering specialized pipe coating and manufacturing for oil and gas, EPC of gas compressors and process equipment, offshore and onshore field development facilities, and equipment for power generation, oleochemical, and petrochemical industries; Bioenergy Services, supplying biomass power plant equipment such as industrial fans, boilers, turbines, and steam energy systems; Trading, encompassing distribution of building materials, steel pipes, infrastructure products, and agro-industrial equipment; and Others, including cathodic protection, passive fire protection, and equipment leasing. Founded in 1999 and headquartered in Kuala Lumpur, Malaysia, Wasco Berhad maintains operations across 16 countries including Malaysia, Indonesia, UAE, Qatar, UK, Tanzania, Australia, USA, and others, serving oil and gas, renewable energy, power, petrochemical, and construction sectors with a workforce exceeding 5,000 employees from over 40 nationalities. Recent developments include the opening of a new fabrication yard in the UAE to bolster Middle East expansion and support In-Country Value initiatives, ongoing investments in facilities like Batam, Indonesia (acquired 2022), and pipe coating plants in Qatar and Tanzania, retention of a strategic stake in Petra Energy Bhd for dividend yields, and in November 2025, its subsidiary Wasco Greenergy Sdn Bhd unveiled a Main Market IPO prospectus on Bursa Malaysia at RM1 per share to raise RM75 million following a proposed acquisition.