Genting Malaysia Berhad (GMALY) Research

Genting Malaysia Berhad (GMALY), along with its various subsidiaries, operates as an international conglomerate primarily focused on the leisure and hospitality sector. Its extensive operations span several countries, including Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. The company's core business is structured into two main divisions: Leisure & Hospitality, and Properties. The Leisure & Hospitality segment encompasses a comprehensive range of integrated resort offerings, featuring gaming facilities, hotel accommodations, diverse food and beverage options, theme parks, retail outlets, and various entertainment attractions. This division also provides tours, travel-related services, and essential supporting functions. Meanwhile, the Properties division is dedicated to real estate development and sales, the leasing of apartment units, and active engagement in property investment and management. Beyond these primary segments, Genting Malaysia Berhad extends its activities to a broad spectrum of auxiliary and specialized services. These include the direct operation of casinos, provision of information technology and consultancy expertise, and a host of financial services such as investment management, private debt securities issuance, investment trading, and reinsurance. The company also manages administrative functions, marketing initiatives, training programs, show agency services, condotel operations, golf resorts, and cable car systems with their associated support. Further expanding its diverse portfolio, it engages in creative and art direction, project and construction management, offshore financing, and operates karaoke facilities. It also handles payment and collection agency duties, loyalty programs, and essential utility provisions like garbage collection, disposal, and sewerage. Specifically at Genting Highlands, it supplies electricity, water, and liquefied petroleum gas. Unique to its operations, the company owns and runs aircraft and sea vessels, operates sportsbooks and video lottery facilities, and actively conducts software research and development. The entity was previously known as Resorts World Bhd. Established in 1980, Genting Malaysia Berhad's principal headquarters are located in Kuala Lumpur, Malaysia.

Market snapshot

Symbol
GMALY
Price
$14.05
Day change
0.00%
Market cap
$10.8B
P/E ratio
15.97x
52-week range
7.9-16
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos

Peer companies

  • The Foschini Group Limited (FHNGY)
  • Grupo Gigante, S. A. B. de C. V. (GPGNF)
  • HORNBACH Holding AG & Co. KGaA (HBBHF)
  • Round One Corporation (RNDOF)
  • Shangri-La Asia Limited (SHALF)
  • Stella International Holdings Limited (SLNLY)
  • Meliá Hotels International, S.A. (SMIZF)
  • Winpak Ltd. (WIPKF)

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