Velesto Energy Bhd (XKLS:5243) Tax Provision: RM-29.2 Mil (TTM As of Mar. 2026)

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XKLS:5243 Velesto Energy Bhd XKLS:5243
59 GF Score
Price RM0.25
GF Value RM0.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Velesto Energy Bhd Tax Provision?

Velesto Energy Bhd XKLS:5243 -3.85% 59 Tax Provision is RM-29.2 Mil as of Mar. 2026. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Velesto Energy Bhd's tax provision for the three months ended in Mar. 2026 was RM-8.4 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was RM-29.2 Mil.

Velesto Energy Bhd Tax Provision Historical Data

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The historical data trend for Velesto Energy Bhd's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Velesto Energy Bhd Tax Provision Chart

Velesto Energy Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.13 -18.63 -21.70 -59.32 -33.54

Velesto Energy Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.72 -10.91 -16.24 6.33 -8.38
XKLS:5243
59GF Score
Velesto Energy Bhd XKLS:5243
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Velesto Energy Bhd Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-29.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of RM-29.2 Mil mean?
Velesto Energy Bhd (XKLS:5243) has a Tax Provision of RM-29.2 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Velesto Energy Bhd and its competitors.
Is Velesto Energy Bhd's Tax Provision too high?
Velesto Energy Bhd's current Tax Provision is RM-29.2 Mil. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's Tax Provision compare to NE and RIG?
Velesto Energy Bhd's Tax Provision of RM-29.2 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Velesto Energy Bhd and its competitors. Velesto Energy Bhd's current Tax Provision is RM-29.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.25 — trading 38.9% above its estimated fair value. The current Tax Provision is RM-29.2 Mil. Velesto Energy Bhd's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Velesto Energy Bhd (XKLS:5243), the current Tax Provision is RM-29.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued. The current stock price of RM0.25 is trading 38.9% above its estimated GF Value™ of RM0.18. GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5243:

  • Tax Provision: RM-29.2 Mil
  • GF Value™: RM0.18 vs. price of RM0.25 (38.9% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Velesto Energy Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score

Get the complete analysis for XKLS:5243

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.25
Price
RM0.18
GF Value