Price to Earnings:
Serbadk - 14
Dialog - 33
Yinson - 34
Price to Book:
Serbadk - 2.76
Dialog - 4.99
Yinson - 4.11
ROE:
Serbadk - 19.67
Dialog - 14.9
Yinson - 11.9
Dividend yield:
Serbadk - 1.89%
Dialog - 1.09%
Yinson - 0.92%
Serbadk is clearly undervalued vis-a-vis its peers. While all 3 mega oil & gas contractors offers compelling growth story, valuation for Serbadk is undervalued based on current valuation.
Upside for Serbadk in 2020:
- Increased orderbook to RM15bil (Current orderbook RM10bil)
- Increased Artificial Intelligence adoption by oil & gas peers (Serbadk's IT segment sales have jumped QoQ CAGR >200%)
- Increased crude oil price boosting sentiment
- Stable USD vs. MYR
Created by JensenChin | Feb 02, 2020
Created by JensenChin | Jan 25, 2020