Stock fact sheet · data as of
TMD Energy Limited (TMDE): fair value, margin of safety and Wheel Score
Ticker symbol TMDE · Energy · Oil & Gas Midstream · Malaysia · Class A ordinary shares · Speculative
TMDE is TMD Energy Limited's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is TMDE undervalued?
TMD Energy Limited (TMDE) closed at 0.5010 on 5 Nov 2026, 702% above the GLS average fair value of 0.0625. 1 of the 1 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
Only 1 of the nine models produced a value (DCF); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files TMDE under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for TMDE
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 0.0625 | -88% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.2818 | -156% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
No Piotroski health score is on file for TMDE (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. The GLS Moat score is low at 3.3 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -20.8%, ROE -714.4%, ROA -14.9% - with debt at 33.38 times equity and negative free cash flow. Debt of 33.38 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
TMD Energy Limited pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | -20.8% |
|---|---|---|---|
| GLS Moat | 3.3 / 10 | ROE | -714.4% |
| Debt / equity | 33.38 | ROA | -14.9% |
| Free-cash-flow yield | -43.2% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 15: No options
TMDE has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (15 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 40k shares a day on a market cap of $12M, with a beta of -1.66 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 702% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $12M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 0.50 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 702% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 3.3/10 | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta -1.66, $12M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for TMDE in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Midstream
The 12 companies below are the closest to TMD Energy Limited by market cap within the Oil & Gas Midstream industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| MARPS Marine Petroleum Trust | 4.44 | 3.36 | -32% | 18No options | $9M |
| BANL CBL International Limited | 2.91 | 10.30 | +72% | 32No options | $6M |
| NFE New Fortress Energy Inc. | 4.08 | 8.94 | +54% | 23Weak | $23M |
| MMLP Martin Midstream Partners L.P. | 1.97 | 4.82 | +59% | 29Weak | $77M |
| IMPP Imperial Petroleum Inc. | 4.62 | 25.75 | +82% | 54Fair | $174M |
| IMPPP Imperial Petroleum Inc. | 25.96 | 64.34 | +60% | 34No options | $184M |
| SMC Summit Midstream Corp. | 28.92 | 149.89 | +81% | 45Weak | $399M |
| NFEGP New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock | 227.87 | 20.81 | -995% | 12No options | $559M |
| WHK WhiteHawk Minerals Corp | 24.37 | 2.92 | -735% | 15No options | $560M |
| SBR Sabine Royalty Trust | 67.62 | 45.19 | -50% | 21No options | $986M |
| TK Teekay Corporation | 13.44 | 67.03 | +80% | 85Prime | $1.2B |
| PBT Permian Basin Royalty Trust | 28.49 | 8.25 | -246% | 35Weak | $1.3B |
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Start free See the Sunday ScanQuestions about TMDE
What kind of share is TMDE?
TMDE is TMD Energy Limited's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is TMDE undervalued right now?
No: at 0.5010 the stock trades 702% above the GLS average fair value of 0.0625 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of TMDE and what does it mean?
TMDE has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for TMDE?
0.0625 per share as of 5 Nov 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does TMD Energy Limited report earnings next?
No upcoming earnings date is recorded for TMDE in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does TMDE have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on TMDE, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.