1. Malaysia Stocks

  2. •

    Utilities

  3. •

    Regulated Electric
Tenaga Nasional Berhad

Tenaga Nasional Berhad

TNABY
Tenaga Nasional BerhadUS flagOther OTC
15.40
USD
- -
- -
22.44BMarket Cap
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
26.66
30.33
30.68
31.56
33.52
35.52
35.83
30.88
33.66
35.46
36.78
39.13
46.51
47.24
Basic EPS, GAAP
3.85
4.58
4.34
5.22
4.88
2.62
3.19
2.52
2.56
2.41
1.92
2.74
3.27
3.3
Free Cash Flow per Basic Share
0.8
0.31
0.76
1.52
0.03
1.23
6.12
6.04
3.45
0.56
15
7.72
-0.3
-0.54
Dividend per Share
1
1
1.16
1.16
1.56
2.07
2.12
3.68
3.2
1.52
1.65
1.6
1.66
0.62
Book Value per Share
27.15
30.39
33.48
37.55
44.7
45.27
46.24
44.99
44.37
45.29
38.58
39.15
40.3
39.94
Tangible Book Value per Share
27.26
30.8
33.55
37.13
40.55
41.45
41.53
40.03
40.54
42.08
34.63
35.21
35.88
35.57
Basic Weighted Avg Shares
1,393
1,411
1,411
1,411
1,415
1,419
1,422
1,424
1,429
1,435
1,443
1,450
1,456
1,456
Sales/Revenue/Turnover
37,131
42,792
43,287
44,532
47,417
50,392
50,940
43,976
48,120
50,868
53,067
56,737
67,723
68,788
Operating Margin (%)
15.43
16.31
19.31
19.93
19.28
13.72
15.13
16.44
17.67
17.54
12.55
13.08
11.7
12.6
Depreciation Expense
4,540
4,872
5,294
5,722
6,105
6,491
10,189
10,622
10,692
11,402
11,266
11,232
11,986
- -
Net Income, GAAP
5,356
6,467
6,118
7,368
6,904
3,724
4,529
3,593
3,662
3,463
2,770
3,978
4,768
4,808
Effective Tax Rate (%)
9.15
9.67
15.04
9.25
16.54
25.79
18.85
14.61
18.44
33.49
22.82
31.05
22.78
22.17
Profit Margin (%)
14.43
15.11
14.13
16.54
14.56
7.39
8.89
8.17
7.61
6.81
5.22
7.01
7.04
6.99
Working Capital
6,698
6,544
3,203
10,671
8,316
8,984
1,952
-999
-194
7,459
1,494
-651
-8,071
-7,529
LT Debt
26,921
29,263
28,887
38,242
42,027
48,560
69,835
68,514
70,829
80,758
82,317
76,702
75,039
77,017
Total Equity
37,971
43,459
47,467
52,600
57,579
59,052
59,282
57,450
58,392
60,966
51,245
52,011
52,974
52,506
Return on Invested Capital (%)
8.2
8.92
9.25
9.47
7.94
4.87
5.11
4.61
5.14
4.07
3.41
3.54
4.32
4.55
Return on Capital (%)
9.91
10.38
9.1
9.73
8
4.26
5.63
4.66
4.53
4.03
4.02
4.62
5.34
5.09
Return on Common Equity (%)
14.98
16.03
13.58
14.7
11.88
5.84
6.97
5.53
5.74
5.39
4.59
7.08
8.26
7.69

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8,694
14,530
15,029
LT Borrowings
50,979
47,134
48,272
LT Finance Leases
28,592
27,905
28,745
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,829
5,829
5,829
Market Capitalization
83,494
86,471
81,361

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
30,864
28,516
31,697
Cash, Cash Equivalents & STI
14,600
12,207
16,047
Accounts Receivable, Net
8,260
2,580
6,621
Inventories
2,425
2,562
2,331
Total Current Liabilities
34,745
36,588
39,226
Payables & Accruals
- -
- -
- -
ST Debt
8,694
14,530
15,029
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.36%
-1.31%
1.85%
Free Cash Flow
743.04%
463.22%
-103.93%
Net Income, GAAP
0.9%
7.99%
19.86%
Sales/Revenue/Turnover
4.88%
9.15%
19.36%
Total Cash Common Dividend
- -
-10.9%
4.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,640
14,367
14,352
14,378
56,737
2025
16,039
16,835
17,250
17,600
67,723
2026
17,104
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
1
1
0.44
2.74
2025
0.73
0.8
0.6
1.15
3.27
2026
0.75
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.48
1.6
2025
- -
- -
- -
0.62
1.66
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shamsul Bin Ahmad
Full Time Employees
31,729
Sector
Utilities
Industry
Regulated Electric
Address
No. 129, Jalan Bangsar Kuala Lumpur Malaysia 59200
IPO Date
Jun 6, 2007
Website
tnb.com.my
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Business
Tenaga Nasional Berhad engages in the entire electricity value chain, encompassing power generation, transmission infrastructure, distribution networks, and electricity sales within Malaysia and globally. The company manages and operates both thermal power stations and extensive hydroelectric generation facilities, while also collaborating with independent power producers. It is also responsible for the operation and maintenance of Malaysia's National Grid, which is interconnected with the transmission systems of Thailand and Singapore. Additionally, the company provides essential fuel and coal for its power plants; generates, supplies, trades, and sells various energy sources alongside offering specialized technical expertise; develops integrated district cooling solutions; and undertakes co-generation operations and maintenance. Its manufacturing activities include the production, sale, and repair of distribution, power, and earthing transformers; the development, ownership, and management of dry bulk terminals; and the assembly, manufacturing, testing, reconditioning, and distribution of high and medium voltage switchgears and control gears for electrical power transmission and distribution. Furthermore, Tenaga Nasional Berhad delivers turnkey contracting for transmission substations; offers repair and maintenance services to heavy industries and other related sectors; provides operational and maintenance services for telecommunication equipment and data centers; delivers higher education through Universiti Tenaga Nasional, alongside telecommunication and IT infrastructure solutions and services; and conducts research and development across engineering, information technology, business, accountancy, and liberal studies, in addition to offering various training programs. The company also provides insurance and reinsurance products, manages motor vehicle parking facilities, and delivers technical, laboratory, and consultancy services. It manufactures and distributes power and general cables, as well as aluminum rods, and operates wind energy assets internationally. The primary beneficiaries of its services are commercial, industrial, and residential customers. Established in 1949, the company maintains its headquarters in Kuala Lumpur, Malaysia.

Company News

APIChat

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