Genting Berhad (GEBHY) AI Stock Analysis

• Market Cap: $2.55B
• Dividend Yield: 3.34%
• Average Volume (3M): 461.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: 5.57%
• EPS Growth: -89.83%
• Country: US
• Employees: 54,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.06
• Shares Outstanding: 775,379,200
• 10 Day Avg. Volume: 539
• 30 Day Avg. Volume: 461
• PEG Ratio: 9.70
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.41
• P/FCF Ratio: -32.64
• Enterprise Value/Market Cap: 14.00
• Enterprise Value/Revenue: 1.31
• Enterprise Value/Gross Profit: 4.59
• Enterprise Value/Ebitda: 4.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.3
• Revenue Forecast (FY): $7.34B

• Rating: 48 Neutral
• Price Target: $3.50 ▼(-4.37% Downside)
• Action: Reiterated Date: 03/01/26
• Date: Action: Reiterated 03/01/26

The score is held back primarily by weakening 2025 financial performance (net loss, lower operating cash flow, negative free cash flow) combined with meaningful leverage. Technicals also suggest a weak price trend versus major moving averages. A moderate dividend yield provides some support, but the negative P/E reflects recent earnings pressure.

Positive Factors

Revenue Growth

Consistent revenue growth demonstrates the company's ability to expand its market reach and recover from past downturns, supporting long-term business sustainability.

Diversified Portfolio

A diversified business model across gaming, hospitality, and cruises reduces dependency on one sector, providing stability and resilience against sector-specific downturns.

Strong Cash Flow Relative to Net Income

Strong cash flow relative to net income indicates effective cash management, ensuring liquidity and operational flexibility, which is crucial for long-term growth.

Negative Factors

High Leverage

High leverage can increase financial risk, limit strategic options, and strain cash flows, potentially impacting the company's ability to invest in growth opportunities.

Declining Free Cash Flow Growth

Decreasing free cash flow growth suggests challenges in generating sufficient cash to fund operations and investments, which could hinder long-term financial health.

Low Net Profit Margin

A low net profit margin indicates difficulty in converting revenue into profit, which could affect the company's ability to reinvest in business growth and improve shareholder returns.

Genting Berhad Business Overview & Revenue Model

Company Description

Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantation, power generation, oil and gas, property development and management, life sciences, and biotechnology businesses in Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, and tours and travel related businesses; the development and operation of resorts; and the provision of other support services. The company's Plantation segment operates oil palm plantations, and palm oil milling and related activities. Its Power segment generates and supplies electric power. The company's Property segment develops and invests in properties. Its Oil & Gas segment explores for, develops, and produces oil and gas. The company also offers offshore financing; advisory, technical, and administrative services to oil and gas companies; and risk and insurance management consultancy services, as well as issues private debt securities and licenses intellectual property rights. In addition, it manufactures and sells biodiesel; processes fresh fruit bunches; provides project management, technical, and other management services; and researches and develops technologies for genetic analysis and sequencing. Further, it creates platform for early diagnosis and treatment of Alzheimer's and other neurodegenerative diseases; and undertakes the collection, analysis, and testing of specimens, samples, and/or data for research and evaluation activities. Additionally, it engages in the provision of information technology services relating to the gaming and resort industry; and provision of international sales and marketing services, and corporate services. Genting Berhad was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia.

How the Company Makes Money

Genting Berhad generates revenue through multiple key streams, primarily from its gaming operations in casinos, which include slot machines, table games, and other betting activities. The company also earns substantial income from its hotel and resort businesses, which provide accommodation, dining, and entertainment services to guests. Additionally, Genting's cruise line operations contribute to its revenue by offering leisure travel experiences. Strategic partnerships with other companies in the gaming and hospitality sectors, along with investments in technology and infrastructure, further enhance its earnings potential. Importantly, Genting's diversified portfolio allows it to mitigate risks associated with fluctuations in any single business segment.

Genting Berhad Financial Statement Overview

Summary

Post-downturn recovery improved profitability through 2023–2024, but 2025 weakened with revenue contraction, a return to a small net loss, notably lower operating cash flow, and negative free cash flow. Elevated leverage (debt above equity) and declining equity reduce resilience if cash generation does not re-accelerate.

Income Statement

Profitability has improved materially from the 2020–2022 loss period to solid earnings in 2023–2024, supported by healthy operating profitability (mid-to-high teens operating margin in 2023–2024). However, 2025 slipped to a small net loss despite still-positive operating profit, and revenue contracted in 2025 after a strong rebound in 2022–2023. Overall, operating performance is decent, but the return to a net loss and recent revenue decline reduce confidence in consistency.

Balance Sheet

The balance sheet is asset-heavy and equity remains sizable, but leverage is meaningfully elevated with debt consistently above equity (debt-to-equity generally ~1.1–1.5x). Equity has trended down from 2023 to 2025 and profitability to shareholders weakened sharply in 2025 (near-zero/negative return on equity). The capital structure provides scale, but higher leverage increases risk if earnings and cash generation soften.

Cash Flow

Cash generation has been volatile. Operating cash flow was strong in 2022–2024, but fell notably in 2025, and free cash flow swung from healthy positives in 2022–2024 to negative in 2025. The combination of declining operating cash flow and negative free cash flow in the latest year suggests reduced financial flexibility and higher reliance on financing or balance sheet capacity if the trend persists.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	26.25B	27.72B	27.21B	22.27B	13.62B
Gross Profit	7.46B	8.10B	8.57B	6.65B	3.46B
EBITDA	6.39B	8.24B	9.56B	7.00B	3.41B
Net Income	-10.95M	883.00M	932.51M	-298.36M	-1.38B
Balance Sheet
Total Assets	100.84B	105.37B	106.78B	102.29B	103.21B
Cash, Cash Equivalents and Short-Term Investments	19.81B	23.26B	24.49B	22.62B	23.42B
Total Debt	43.71B	40.38B	39.68B	39.68B	40.81B
Total Liabilities	53.81B	51.92B	50.85B	49.72B	49.94B
Stockholders Equity	29.67B	32.23B	33.55B	31.49B	31.85B
Cash Flow
Free Cash Flow	-329.22M	3.20B	4.83B	4.88B	-5.70B
Operating Cash Flow	4.19B	7.12B	7.52B	7.31B	3.01B
Investing Cash Flow	-8.91B	-4.06B	-1.36B	-2.95B	-7.48B
Financing Cash Flow	1.48B	-3.25B	-5.61B	-5.96B	474.00M

Genting Berhad Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.66
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GEBHY, the sentiment is Negative. The current price of 3.66 is above the 20-day moving average (MA) of 3.65, above the 50-day MA of 3.65, and below the 200-day MA of 3.68, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 25.41 is Positive, neither overbought nor oversold. The STOCH value of -0.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GEBHY.

Genting Berhad Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MGM	62 Neutral	$9.50B	46.86	7.74%	―	0.05%	-94.07%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LVS	57 Neutral	$37.05B	27.64	72.73%	1.51%	8.37%	10.20%
WYNN	56 Neutral	$10.99B	38.12	―	0.80%	-0.26%	-44.45%
PENN	50 Neutral	$2.06B	―	-35.91%	―	8.24%	-77.54%
GEBHY	48 Neutral	$2.55B	-981.66	0.93%	3.34%	5.57%	-89.83%
MLCO	44 Neutral	$2.24B	12.19	―	―	11.32%	―