Dialog Group Bhd

7277.KLSE · Energy · Oil & Gas Equipment & Services · MYR · Fundamentals
Mixed

Physical assets are 40.3% of total assets, a mixed footprint. Capex is 0.92x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 6.5%, below an 8% cost-of-capital hurdle.

Energy, materials, and industrial names often turn net PP&E at about 1x to 3x. This name is at 0.78x.

Physical asset ratio
40.3%Physical asset ratio · 2026-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.70BpropertyPlantAndEquipmentNetInventoryMYR 128.92MinventoryTotal assetsMYR 9.50BtotalAssetsResult 40.3%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
0.78xFixed asset turnover · 2026-06-30Revenue / net PP&ERevenueMYR 2.88BtotalRevenueNet PP&EMYR 3.70BpropertyPlantAndEquipmentNetResult 0.78x
Revenue per dollar of the physical asset base.
Capex / D&A
0.92xCapex / D&A · 2026-06-30Capital expenditures / depreciation and amortizationCapexMYR 320.33McapitalExpendituresD&AMYR 348.56MdepreciationAndAmortizationResult 0.92x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
MYR 0.84Tangible book / share · 2026-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 9.50BtotalAssetsGoodwillMYR 14.11MgoodWillIntangiblesMYR 1.28BintangibleAssetsLiabilitiesMYR 3.50BtotalLiabTangible bookMYR 4.71BShares5,642,685,000commonStockSharesOutstandingResult MYR 0.84
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice—Latest quoteTangible book / shareMYR 0.842026-06-30A live quote was not available, so price / tangible book could not be calculated.Result —
Quote unavailable.
Fixed-charge coverage
2.92xFixed-charge coverage · 2026-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 840.27MebitdaCapexMYR 320.33McapitalExpendituresInterestMYR 54.70MinterestExpenseShort-term debtMYR 123.09MshortLongTermDebtEBITDA − capexMYR 519.94MPrincipal due is the current portion of debt.Result 2.92x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
5.4%Free cash flow yield · 2026-06-30Latest free cash flow / current market capFree cash flowMYR 641.66MfreeCashFlowMarket capMYR 11.85BMarketCapitalizationResult 5.4%
Latest free cash flow divided by current market cap (MYR 11.85B).
ROIC
6.5%ROIC · 2026-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 491.71MoperatingIncomeTax expenseMYR 92.91MincomeTaxExpensePretax incomeMYR 717.73MincomeBeforeTaxTax rate12.9%EquityMYR 5.98BtotalStockholderEquityDebtMYR 2.47BshortLongTermDebtTotalCashMYR 1.84BcashAndShortTermInvestmentsInvested capitalMYR 6.62BResult 6.5%
After-tax operating income over equity plus debt minus cash. Operating income / net PP&E is 0.13x.

Footprint and return

Turnover and reinvestment

Year Physical FAT Capex/D&A TBV/sh Coverage FCF ROIC EBIT/PP&E
2019 30.3%Physical asset ratio · 2019-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 1.94BpropertyPlantAndEquipmentNetInventoryMYR 95.59MinventoryTotal assetsMYR 6.71BtotalAssetsResult 30.3% 1.23xFixed asset turnover · 2019-06-30Revenue / net PP&ERevenueMYR 2.39BtotalRevenueNet PP&EMYR 1.94BpropertyPlantAndEquipmentNetResult 1.23x 4.07xCapex / D&A · 2019-06-30Capital expenditures / depreciation and amortizationCapexMYR 523.20McapitalExpendituresD&AMYR 128.56MdepreciationAndAmortizationResult 4.07x MYR 0.63Tangible book / share · 2019-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 6.71BtotalAssetsGoodwillMYR 13.96MgoodWillIntangiblesMYR 350.23MintangibleAssetsLiabilitiesMYR 2.80BtotalLiabTangible bookMYR 3.54BShares5,638,307,000commonStockSharesOutstandingResult MYR 0.63 0.76xFixed-charge coverage · 2019-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 830.96MebitdaCapexMYR 523.20McapitalExpendituresInterestMYR 49.41MinterestExpenseShort-term debtMYR 356.19MshortTermDebtEBITDA − capexMYR 307.76MPrincipal due is short-term debt.Result 0.76x -MYR 188.90MFree cash flow · 2019-06-30Reported free cash flowOperating cash flowMYR 334.30MtotalCashFromOperatingActivitiesCapexMYR 523.20McapitalExpendituresFree cash flow-MYR 188.90MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 188.90M 9.6%ROIC · 2019-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 522.30MoperatingIncomeTax expenseMYR 100.68MincomeTaxExpensePretax incomeMYR 653.00MincomeBeforeTaxTax rate15.4%EquityMYR 3.79BtotalStockholderEquityDebtMYR 1.67BshortLongTermDebtTotalCashMYR 854.35McashInvested capitalMYR 4.61BResult 9.6% 0.27xEBIT / PP&E · 2019-06-30Operating income / net PP&EOperating incomeMYR 522.30MoperatingIncomeNet PP&EMYR 1.94BpropertyPlantAndEquipmentNetResult 0.27x
2020 36.8%Physical asset ratio · 2020-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 2.56BpropertyPlantAndEquipmentNetInventoryMYR 84.71MinventoryTotal assetsMYR 7.19BtotalAssetsResult 36.8% 0.90xFixed asset turnover · 2020-06-30Revenue / net PP&ERevenueMYR 2.30BtotalRevenueNet PP&EMYR 2.56BpropertyPlantAndEquipmentNetResult 0.90x 4.46xCapex / D&A · 2020-06-30Capital expenditures / depreciation and amortizationCapexMYR 859.35McapitalExpendituresD&AMYR 192.81MdepreciationAndAmortizationResult 4.46x MYR 0.61Tangible book / share · 2020-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 7.19BtotalAssetsGoodwillMYR 60.24MgoodWillIntangiblesMYR 716.97MintangibleAssetsLiabilitiesMYR 2.95BtotalLiabTangible bookMYR 3.47BShares5,638,307,000commonStockSharesOutstandingResult MYR 0.61 0.26xFixed-charge coverage · 2020-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 994.69MebitdaCapexMYR 859.35McapitalExpendituresInterestMYR 54.60MinterestExpenseShort-term debtMYR 457.68MshortLongTermDebtEBITDA − capexMYR 135.33MPrincipal due is the current portion of debt.Result 0.26x -MYR 12.80MFree cash flow · 2020-06-30Reported free cash flowOperating cash flowMYR 846.55MtotalCashFromOperatingActivitiesCapexMYR 859.35McapitalExpendituresFree cash flow-MYR 12.80MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 12.80M 9.5%ROIC · 2020-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 531.38MoperatingIncomeTax expenseMYR 99.18MincomeTaxExpensePretax incomeMYR 747.28MincomeBeforeTaxTax rate13.3%EquityMYR 4.13BtotalStockholderEquityDebtMYR 1.93BshortLongTermDebtTotalCashMYR 1.20BcashInvested capitalMYR 4.86BResult 9.5% 0.21xEBIT / PP&E · 2020-06-30Operating income / net PP&EOperating incomeMYR 531.38MoperatingIncomeNet PP&EMYR 2.56BpropertyPlantAndEquipmentNetResult 0.21x
2021 42.8%Physical asset ratio · 2021-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetInventoryMYR 66.20MinventoryTotal assetsMYR 7.98BtotalAssetsResult 42.8% 0.48xFixed asset turnover · 2021-06-30Revenue / net PP&ERevenueMYR 1.61BtotalRevenueNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetResult 0.48x 4.67xCapex / D&A · 2021-06-30Capital expenditures / depreciation and amortizationCapexMYR 1.06BcapitalExpendituresD&AMYR 226.66MdepreciationAndAmortizationResult 4.67x MYR 0.77Tangible book / share · 2021-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 7.98BtotalAssetsGoodwillMYR 14.09MgoodWillIntangiblesMYR 820.96MintangibleAssetsLiabilitiesMYR 2.78BtotalLiabTangible bookMYR 4.36BShares5,642,221,000commonStockSharesOutstandingResult MYR 0.77 -0.65xFixed-charge coverage · 2021-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 848.05MebitdaCapexMYR 1.06BcapitalExpendituresInterestMYR 26.38MinterestExpenseShort-term debtMYR 297.70MshortLongTermDebtEBITDA − capex-MYR 211.57MPrincipal due is the current portion of debt.Result -0.65x -MYR 545.38MFree cash flow · 2021-06-30Reported free cash flowOperating cash flowMYR 514.24MtotalCashFromOperatingActivitiesCapexMYR 1.06BcapitalExpendituresFree cash flow-MYR 545.38MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 545.38M 6.4%ROIC · 2021-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 393.95MoperatingIncomeTax expenseMYR 51.95MincomeTaxExpensePretax incomeMYR 595.01MincomeBeforeTaxTax rate8.7%EquityMYR 5.10BtotalStockholderEquityDebtMYR 1.96BshortLongTermDebtTotalCashMYR 1.46BcashAndShortTermInvestmentsInvested capitalMYR 5.60BResult 6.4% 0.12xEBIT / PP&E · 2021-06-30Operating income / net PP&EOperating incomeMYR 393.95MoperatingIncomeNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetResult 0.12x
2022 38.7%Physical asset ratio · 2022-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetInventoryMYR 73.45MinventoryTotal assetsMYR 8.85BtotalAssetsResult 38.7% 0.69xFixed asset turnover · 2022-06-30Revenue / net PP&ERevenueMYR 2.32BtotalRevenueNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetResult 0.69x 1.71xCapex / D&A · 2022-06-30Capital expenditures / depreciation and amortizationCapexMYR 409.70McapitalExpendituresD&AMYR 239.25MdepreciationAndAmortizationResult 1.71x MYR 0.86Tangible book / share · 2022-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 8.85BtotalAssetsGoodwillMYR 21.26MgoodWillIntangiblesMYR 785.84MintangibleAssetsLiabilitiesMYR 3.19BtotalLiabTangible bookMYR 4.85BShares5,642,502,000commonStockSharesOutstandingResult MYR 0.86 1.11xFixed-charge coverage · 2022-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 829.65MebitdaCapexMYR 409.70McapitalExpendituresInterestMYR 40.10MinterestExpenseShort-term debtMYR 337.18MshortLongTermDebtEBITDA − capexMYR 419.95MPrincipal due is the current portion of debt.Result 1.11x MYR 109.37MFree cash flow · 2022-06-30Reported free cash flowOperating cash flowMYR 519.07MtotalCashFromOperatingActivitiesCapexMYR 409.70McapitalExpendituresFree cash flowMYR 109.37MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 109.37M 5.1%ROIC · 2022-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 338.81MoperatingIncomeTax expenseMYR 44.42MincomeTaxExpensePretax incomeMYR 550.30MincomeBeforeTaxTax rate8.1%EquityMYR 5.55BtotalStockholderEquityDebtMYR 2.39BshortLongTermDebtTotalCashMYR 1.85BcashAndShortTermInvestmentsInvested capitalMYR 6.10BResult 5.1% 0.10xEBIT / PP&E · 2022-06-30Operating income / net PP&EOperating incomeMYR 338.81MoperatingIncomeNet PP&EMYR 3.35BpropertyPlantAndEquipmentNetResult 0.10x
2023 37.7%Physical asset ratio · 2023-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.44BpropertyPlantAndEquipmentNetInventoryMYR 70.85MinventoryTotal assetsMYR 9.31BtotalAssetsResult 37.7% 0.87xFixed asset turnover · 2023-06-30Revenue / net PP&ERevenueMYR 3.00BtotalRevenueNet PP&EMYR 3.44BpropertyPlantAndEquipmentNetResult 0.87x 1.35xCapex / D&A · 2023-06-30Capital expenditures / depreciation and amortizationCapexMYR 344.80McapitalExpendituresD&AMYR 254.91MdepreciationAndAmortizationResult 1.35x MYR 0.93Tangible book / share · 2023-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 9.31BtotalAssetsGoodwillMYR 15.63MgoodWillIntangiblesMYR 906.81MintangibleAssetsLiabilitiesMYR 3.15BtotalLiabTangible bookMYR 5.24BShares5,642,573,000commonStockSharesOutstandingResult MYR 0.93 0.46xFixed-charge coverage · 2023-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 517.10MebitdaCapexMYR 344.80McapitalExpendituresInterestMYR 72.34MinterestExpenseShort-term debtMYR 298.79MshortLongTermDebtEBITDA − capexMYR 172.31MPrincipal due is the current portion of debt.Result 0.46x MYR 405.38MFree cash flow · 2023-06-30Reported free cash flowOperating cash flowMYR 750.18MtotalCashFromOperatingActivitiesCapexMYR 344.80McapitalExpendituresFree cash flowMYR 405.38MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 405.38M 9.0%ROIC · 2023-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 626.22MoperatingIncomeTax expenseMYR 33.27MincomeTaxExpensePretax incomeMYR 553.89MincomeBeforeTaxTax rate6.0%EquityMYR 6.08BtotalStockholderEquityDebtMYR 2.18BshortLongTermDebtTotalCashMYR 1.75BcashAndShortTermInvestmentsInvested capitalMYR 6.51BResult 9.0% 0.18xEBIT / PP&E · 2023-06-30Operating income / net PP&EOperating incomeMYR 626.22MoperatingIncomeNet PP&EMYR 3.44BpropertyPlantAndEquipmentNetResult 0.18x
2024 39.4%Physical asset ratio · 2024-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.51BpropertyPlantAndEquipmentNetInventoryMYR 94.71MinventoryTotal assetsMYR 9.13BtotalAssetsResult 39.4% 0.90xFixed asset turnover · 2024-06-30Revenue / net PP&ERevenueMYR 3.15BtotalRevenueNet PP&EMYR 3.51BpropertyPlantAndEquipmentNetResult 0.90x 1.31xCapex / D&A · 2024-06-30Capital expenditures / depreciation and amortizationCapexMYR 436.67McapitalExpendituresD&AMYR 333.66MdepreciationAndAmortizationResult 1.31x MYR 0.98Tangible book / share · 2024-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 9.13BtotalAssetsGoodwillMYR 15.54MgoodWillIntangiblesMYR 977.43MintangibleAssetsLiabilitiesMYR 2.62BtotalLiabTangible bookMYR 5.51BShares5,642,580,000commonStockSharesOutstandingResult MYR 0.98 3.33xFixed-charge coverage · 2024-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 1.08BebitdaCapexMYR 436.67McapitalExpendituresInterestMYR 64.81MinterestExpenseShort-term debtMYR 127.75MshortLongTermDebtEBITDA − capexMYR 640.91MPrincipal due is the current portion of debt.Result 3.33x MYR 750.37MFree cash flow · 2024-06-30Reported free cash flowOperating cash flowMYR 1.19BtotalCashFromOperatingActivitiesCapexMYR 436.67McapitalExpendituresFree cash flowMYR 750.37MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 750.37M 5.9%ROIC · 2024-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 434.06MoperatingIncomeTax expenseMYR 73.75MincomeTaxExpensePretax incomeMYR 679.12MincomeBeforeTaxTax rate10.9%EquityMYR 6.44BtotalStockholderEquityDebtMYR 1.73BshortLongTermDebtTotalCashMYR 1.58BcashAndShortTermInvestmentsInvested capitalMYR 6.59BResult 5.9% 0.12xEBIT / PP&E · 2024-06-30Operating income / net PP&EOperating incomeMYR 434.06MoperatingIncomeNet PP&EMYR 3.51BpropertyPlantAndEquipmentNetResult 0.12x
2025 39.7%Physical asset ratio · 2025-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.37BpropertyPlantAndEquipmentNetInventoryMYR 73.70MinventoryTotal assetsMYR 8.69BtotalAssetsResult 39.7% 0.74xFixed asset turnover · 2025-06-30Revenue / net PP&ERevenueMYR 2.50BtotalRevenueNet PP&EMYR 3.37BpropertyPlantAndEquipmentNetResult 0.74x 1.09xCapex / D&A · 2025-06-30Capital expenditures / depreciation and amortizationCapexMYR 358.73McapitalExpendituresD&AMYR 329.34MdepreciationAndAmortizationResult 1.09x MYR 0.94Tangible book / share · 2025-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 8.69BtotalAssetsGoodwillMYR 14.76MgoodWillIntangiblesMYR 912.14MintangibleAssetsLiabilitiesMYR 2.44BtotalLiabTangible bookMYR 5.32BShares5,642,675,000commonStockSharesOutstandingResult MYR 0.94 0.51xFixed-charge coverage · 2025-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 754.04MebitdaCapexMYR 358.73McapitalExpendituresInterestMYR 48.83MinterestExpenseShort-term debtMYR 724.06MshortLongTermDebtEBITDA − capexMYR 395.31MPrincipal due is the current portion of debt.Result 0.51x MYR 657.57MFree cash flow · 2025-06-30Reported free cash flowOperating cash flowMYR 1.02BtotalCashFromOperatingActivitiesCapexMYR 358.73McapitalExpendituresFree cash flowMYR 657.57MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 657.57M 1.8%ROIC · 2025-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 131.53MoperatingIncomeTax expenseMYR 66.16MincomeTaxExpensePretax incomeMYR 375.87MincomeBeforeTaxTax rate17.6%EquityMYR 6.24BtotalStockholderEquityDebtMYR 1.61BshortLongTermDebtTotalCashMYR 1.67BcashAndShortTermInvestmentsInvested capitalMYR 6.18BResult 1.8% 0.04xEBIT / PP&E · 2025-06-30Operating income / net PP&EOperating incomeMYR 131.53MoperatingIncomeNet PP&EMYR 3.37BpropertyPlantAndEquipmentNetResult 0.04x
2026 40.3%Physical asset ratio · 2026-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 3.70BpropertyPlantAndEquipmentNetInventoryMYR 128.92MinventoryTotal assetsMYR 9.50BtotalAssetsResult 40.3% 0.78xFixed asset turnover · 2026-06-30Revenue / net PP&ERevenueMYR 2.88BtotalRevenueNet PP&EMYR 3.70BpropertyPlantAndEquipmentNetResult 0.78x 0.92xCapex / D&A · 2026-06-30Capital expenditures / depreciation and amortizationCapexMYR 320.33McapitalExpendituresD&AMYR 348.56MdepreciationAndAmortizationResult 0.92x MYR 0.84Tangible book / share · 2026-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 9.50BtotalAssetsGoodwillMYR 14.11MgoodWillIntangiblesMYR 1.28BintangibleAssetsLiabilitiesMYR 3.50BtotalLiabTangible bookMYR 4.71BShares5,642,685,000commonStockSharesOutstandingResult MYR 0.84 2.92xFixed-charge coverage · 2026-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 840.27MebitdaCapexMYR 320.33McapitalExpendituresInterestMYR 54.70MinterestExpenseShort-term debtMYR 123.09MshortLongTermDebtEBITDA − capexMYR 519.94MPrincipal due is the current portion of debt.Result 2.92x MYR 641.66MFree cash flow · 2026-06-30Reported free cash flowOperating cash flowMYR 961.99MtotalCashFromOperatingActivitiesCapexMYR 320.33McapitalExpendituresFree cash flowMYR 641.66MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 641.66M 6.5%ROIC · 2026-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 491.71MoperatingIncomeTax expenseMYR 92.91MincomeTaxExpensePretax incomeMYR 717.73MincomeBeforeTaxTax rate12.9%EquityMYR 5.98BtotalStockholderEquityDebtMYR 2.47BshortLongTermDebtTotalCashMYR 1.84BcashAndShortTermInvestmentsInvested capitalMYR 6.62BResult 6.5% 0.13xEBIT / PP&E · 2026-06-30Operating income / net PP&EOperating incomeMYR 491.71MoperatingIncomeNet PP&EMYR 3.70BpropertyPlantAndEquipmentNetResult 0.13x
  • Principal due is the current portion of debt.
Latest year inputs (2026)
Net PP&E: MYR 3.70B
Inventory: MYR 128.92M
Total assets: MYR 9.50B
Goodwill: MYR 14.11M
Intangibles: MYR 1.28B
Liabilities: MYR 3.50B
Tangible book: MYR 4.71B
Shares: 5,642,685,000
Revenue: MYR 2.88B
Capex: MYR 320.33M
D&A: MYR 348.56M
EBITDA: MYR 840.27M
Interest: MYR 54.70M
Short-term debt: MYR 123.09M
Free cash flow: MYR 641.66M
Operating income: MYR 491.71M
Invested capital: MYR 6.62B
Tax rate: 12.9%