MISC Berhad (KLSE:MISC)
| Market Cap | 34.77B +5.7% |
| Revenue (ttm) | 13.29B +12.6% |
| Net Income | 2.43B +128.2% |
| EPS | 0.54 +128.6% |
| Shares Out | 4.46B |
| PE Ratio | 14.33 |
| Forward PE | 12.31 |
| Dividend | 0.38 (4.89%) |
| Ex-Dividend Date | Sep 14, 2026 |
| Volume | 762,800 |
| Open | 7.85 |
| Previous Close | 7.87 |
| Day's Range | 7.72 - 7.87 |
| 52-Week Range | 7.12 - 9.04 |
| Beta | -0.05 |
| Analysts | Buy |
| Price Target | 8.99 (+15.4%) |
| Earnings Date | Aug 27, 2026 |
About MISC Berhad
MISC Berhad engages in ship ownership and operation, other activities related to shipping services, and the operation of offshore floating terminals in Malaysia, the Americas, Asia, Africa, and Europe. It operates through Gas Assets & Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and Others segments. The company offers liquefied natural gas (LNG) carrier services, non-conventional gas asset solutions; petroleum tanker, and chemical tanker services. It also owns, leases, operates, and maintains offshore,... [Read more]
Financial Performance
In 2025, MISC Berhad's revenue was 11.15 billion, a decrease of -15.80% compared to the previous year's 13.24 billion. Earnings were 1.70 billion, an increase of 42.45%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for MISC stock is "Buy." The 12-month stock price target is RM 8.99, which is an increase of 15.40% from the latest price.
News
MISC Berhad Transcript: Transcript
MISC Berhad Transcript: Transcript
MISC Berhad Transcript: Transcript
Operating profit rose despite an 18% revenue decline, driven by a one-time gain in the offshore segment and stable core business performance. The group declared an interim dividend and maintained a strong balance sheet, while LNG and petroleum markets face near-term headwinds but show positive long-term fundamentals.
MISC Berhad Transcript: Transcript
2024 saw lower revenue, profit, and cash flow due to challenges in Gas and Offshore segments, with significant asset impairments and project delays. Despite this, dividends were maintained, fleet renewal advanced, and the Petroleum segment achieved record results.
MISC Berhad Transcript: Transcript
MISC Berhad Transcript: Transcript
MISC Berhad Transcript: Transcript
Revenue rose 5% quarter-on-quarter to $662 million, with profit after tax up 19% sequentially and 64% year-on-year, driven by strong offshore and petroleum segments. LNG spot rates remain weak, older vessels face impairments, but new vessel deliveries and robust offshore demand support future growth.
MISC Berhad Transcript: Transcript
Profit after tax surged 50% to $406 million in 2025, driven by offshore and petroleum strength, despite a 10% revenue decline. Operating cash flow rose 41% to $1.3 billion, supporting the highest dividend in 15 years. Offshore and new energy segments saw strategic expansion and contract wins.
MISC Berhad Transcript: Transcript
Q2 2025 saw strong operating cash flow and resilience despite a challenging market, with revenue down 10% year-on-year and profit after tax impacted by LNG vessel impairments. Strategic progress was made in fleet renewal, new energy, and decarbonization, while the outlook remains cautious for LNG but robust for FPSO and petroleum segments.
MISC Berhad Transcript: Transcript
Revenue and profit after tax rose 15% and 18% year-on-year, respectively, driven by strong petroleum segment performance and vessel disposals. Cash flow and liquidity remain robust, with CapEx expected to rise as new vessels are delivered. Geopolitical risks persist, but the group maintains a resilient outlook.
MISC Berhad Earnings Call Transcript: Q2 2026
Q2 2026 saw revenue surge 90% year-on-year and profit after tax more than double, driven by exceptional petroleum segment performance and strong project execution. Management expects earnings to moderate in H2 as tanker rates normalize, while maintaining focus on fleet renewal and new energy opportunities.
MISC Berhad Quarterly report: Q2 2026
MISC Berhad has published its Q2 2026 quarterly earnings report on August 26, 2026.
MISC Berhad Slides: Q2 2026
MISC Berhad has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 26, 2026.
MISC Berhad Transcript: Transcript
MISC Berhad Transcript: Transcript
Q3 FY2024 saw revenue and profit declines due to gas and offshore headwinds, but operational cash flow and dividends were maintained. Mero 3 achieved first oil, and a potential offshore merger with Bumi Armada is under review. LNG and petroleum markets face ongoing challenges.
MISC Berhad Transcript: Transcript
Q2 FY2024 saw profits rise 30%-35% year-over-year despite a 10% revenue drop, driven by strong petroleum and Heavy Engineering performance. LNG segment faced lower rates and vessel disposals, while Offshore losses were due to Mero 3 financing costs. Mero 3 first oil is now expected by end-Q3.