Genting Malaysia Berhad (GMALF)
Genting Malaysia Berhad operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Kuala Lumpur, WP, MY. The stock last traded at $0.49, up 0.00% on the session, giving a market capitalisation of $2.79B. On trailing twelve-month figures it carries a trailing P/E of 14.97, a net margin of 5.6%. Its beta of 0.48 implies it has historically moved less than the broad market.
Genting Malaysia Berhad (GMALF), along with its various subsidiary entities, operates extensively within the leisure and hospitality industry. The company maintains a significant international footprint, conducting its business in key markets such as Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. The firm's activities are primarily organized into two main divisions: Leisure & Hospitality, and Properties. The Leisure & Hospitality segment focuses on the comprehensive management of integrated resorts. This includes a wide array of offerings such as gaming facilities, hotel accommodation, diverse food and beverage options, theme parks, retail establishments, and entertainment attractions. Additionally, this division provides various tour and travel-related services, complemented by essential supporting functions. In contrast, the Properties segment is dedicated to real estate. Its operations encompass the development and subsequent sale of land and properties, the leasing of apartment units, and the provision of property investment and management services. Beyond these core business areas, Genting Malaysia is also actively involved in running casino operations and supplying specialized information technology and consulting expertise. The company's diverse portfolio further extends to offering investment services, marketing solutions, the issuance of private debt securities, training, administrative support, and show agency representation. It manages condotel and golf resort operations, provides cable car services and related support, engages in creative and artistic projects, oversees project and construction management, and facilitates offshore financing. Additional services include operating karaoke facilities, payment and collection agencies, loyalty programs, waste management (encompassing garbage collection, disposal, and sewerage), and essential utility provisions such as electricity, water, and liquefied petroleum gas, particularly at its Genting Highlands site. The company also handles investment trading, reinsurance, and comprehensive resort management. Its extensive operations also include the management of sports betting (sportsbooks), the ownership and operation of aircraft and sea vessels, software research and development initiatives, and the running of a video lottery facility. Founded in 1980, the company was initially recognized as Resorts World Bhd before adopting its current identity as Genting Malaysia Berhad. Its corporate headquarters are located in Kuala Lumpur, Malaysia.
Genting Malaysia Berhad is most often compared with the following Consumer Cyclical names: