TMDE

Company Overview — What Does TMD Energy Ltd Do?

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels. We operate in 19 ports across Malaysia, and we operate under a fleet of 15 bunkering vessels to provide STS transfer of marine fuels. The marine fuel we provide to our customers is procured from our suppliers including energy companies, national oil companies, oil traders and oil refineries. We are currently operating with 15 well-maintained bunkering vessels ranging from 540 dwt to 7,820 dwt, of which nine (9) are double bottom and double hull vessels with an average cargo-carrying capacity of approximately 4,200 dwt each. Our comprehensive range of bunkering services caters to various types of seafaring vessels, including container vessels, oil tankers, cruise ships, and accommodation work barges such as floating production storage and offloading units and floating storage and offloading units, supply and support vessels such as platform supply vessels and research vessels. Additionally, we provide fueling services to offshore structures such as semi-submersible rigs, jack-up rigs and drillships. Our customer base is diverse and includes oil and gas companies, shipping companies, maritime transport and logistics companies, charterers, fishing vessels, naval and military vessels, as well as passenger transport vehicles such as cruise ships. We are committed to delivering high-quality marine fuel products and reliable bunkering services to meet the specific requirements of our valued customers in the maritime industry. Our supporting services include ship management services for in-house and external vessels whereby we will undertake operational management, technical management, and crewing for the vessel. Additionally, we also carry out vessel chartering services in-house and provide the services to external parties. We will also charter our vessels to our subsidiaries based on its requirements. To ensure reliable and timely fuel delivery, we utilize our fleet of bunkering vessels exclusively for our own physical delivery operations. We do not typically charter them out to external parties. This level of control allows us to maintain a high degree of oversight and optimize our operations to meet the specific demands of our customers. The management of our technical ship operations is conducted in-house, which enables us to uphold our standards of customer service. By managing these operations internally, we can ensure that our vessels are well-maintained and operated to the highest standards. Our principal executive office is located in Kuala Lumpur, Wilayah Persekutuan, West Malaysia. TMD Energy Ltd (TMDE) is classified as a micro-cap stock in the Consumer Staples sector, specifically within the Wholesale industry. The company is led by CEO Kam Choy Ho and employs approximately 66 people. With a market capitalization of $25M, TMDE is one of the notable companies in the Consumer Staples sector.

TMD Energy Ltd (TMDE) Stock Rating — Reduce (April 2026)

As of April 2026, TMD Energy Ltd receives a Reduce rating with a composite score of 38.6/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TMDE ranks #2,454 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, TMD Energy Ltd ranks #96 of 180 stocks, placing it in the lower half of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TMDE Stock Price and 52-Week Range

TMD Energy Ltd (TMDE) currently trades at $1.36. The stock lost $0.10 (6.7%) in the most recent trading session. The 52-week high for TMDE is $6.27, which means the stock is currently trading -78.3% from its annual peak. The 52-week low is $0.41, putting the stock 232.4% above its annual trough. Recent trading volume was 1.0M shares, reflecting moderate market activity.

Is TMDE Overvalued or Undervalued? — Valuation Analysis

TMD Energy Ltd (TMDE) carries a value factor score of 68/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 16.22x, compared to the Consumer Staples sector average of 33.11x — a discount of 51%. The price-to-book ratio stands at 2.40x, versus the sector average of 1.74x. The price-to-sales ratio is 0.02x, compared to 0.35x for the average Consumer Staples stock. On an enterprise value basis, TMDE trades at 2.10x EV/EBITDA, versus 6.93x for the sector.

Overall, TMDE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

TMD Energy Ltd Profitability — ROE, Margins, and Quality Score

TMD Energy Ltd (TMDE) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 45.7%, compared to the Consumer Staples sector average of 7.7%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 7.4% versus the sector average of 3.1%.

On a margin basis, TMD Energy Ltd reports gross margins of 2.3%, compared to 26.2% for the sector. The operating margin is 0.9% (sector: 2.9%). Net profit margin stands at 0.3%, versus 1.6% for the average Consumer Staples stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

TMDE Debt, Balance Sheet, and Financial Health

TMD Energy Ltd has a debt-to-equity ratio of 450.0%, compared to the Consumer Staples sector average of 72.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. Total debt on the balance sheet is $81M. Cash and equivalents stand at $16M.

TMDE has a beta of -4.23, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for TMD Energy Ltd is 29/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

TMD Energy Ltd Revenue and Earnings History — Quarterly Trend

In TTM 2026, TMD Energy Ltd reported revenue of $689M and earnings per share (EPS) of $0.09. Net income for the quarter was $2M. Gross margin was 2.3%. Operating income came in at $6M.

In FY 2024, TMD Energy Ltd reported revenue of $689M and earnings per share (EPS) of $0.09. Net income for the quarter was $2M. Gross margin was 2.3%. Revenue grew 8.8% year-over-year compared to FY 2023. Operating income came in at $6M.

In FY 2023, TMD Energy Ltd reported revenue of $633M and earnings per share (EPS) of $0.10. Net income for the quarter was $3M. Gross margin was 1.9%. Operating income came in at $3M.

TMDE Dividend Yield and Income Analysis

TMD Energy Ltd (TMDE) does not currently pay a dividend. This is common among smaller companies in the Wholesale industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Staples dividend stocks may want to explore other Consumer Staples stocks or use the stock screener to filter by dividend yield.

TMDE Momentum and Technical Analysis Profile

TMD Energy Ltd (TMDE) has a momentum factor score of 59/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 47/100 reflects moderate short selling activity.

TMDE vs Competitors — Consumer Staples Sector Ranking and Peer Comparison

Within the Consumer Staples sector, TMD Energy Ltd (TMDE) ranks #96 out of 180 stocks based on the Blank Capital composite score. This places TMDE in the lower half of all Consumer Staples stocks in our coverage universe. Key competitors and sector peers include Ituran Location & Control Ltd. (ITRN) with a score of 60.3/100, DARLING INGREDIENTS INC. (DAR) with a score of 52.9/100, Bunge Global SA (BG) with a score of 53.0/100, SANFILIPPO JOHN B & SON INC (JBSS) with a score of 54.1/100, and Archer-Daniels-Midland Co (ADM) with a score of 52.2/100.

Comparing TMDE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TMDE vs S&P 500 (SPY) comparison to assess how TMD Energy Ltd stacks up against the broader market across all factor dimensions.

TMDE Next Earnings Date

No upcoming earnings date has been announced for TMD Energy Ltd (TMDE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TMDE? — Investment Thesis Summary

The quantitative profile for TMD Energy Ltd suggests caution. The quality score of 10/100 flags below-average profitability. The value score of 68/100 suggests attractive pricing relative to fundamentals. High volatility (stability score 29/100) increases portfolio risk.

In summary, TMD Energy Ltd (TMDE) earns a Reduce rating with a composite score of 38.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TMDE stock.

Related Resources for TMDE Investors

Explore more research and tools: TMDE vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TMDE head-to-head with peers: TMDE vs ITRN, TMDE vs DAR, TMDE vs BG.