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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies971
  • 7D0.9%
  • 3M5.6%
  • 1Y12.7%
  • YTD9.1%

The Utilities sector gained 5.0% while the market remained flat over the last week. As for the longer term, the market has risen 13% in the past 12 months. Earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024RM1.9tRM1.2tRM99.8b16.7x19.2x1.6x
Sat, 30 Mar 2024RM1.9tRM1.2tRM99.6b16.1x18.6x1.5x
Mon, 26 Feb 2024RM1.8tRM1.2tRM87.4b15.9x21.1x1.5x
Wed, 24 Jan 2024RM1.8tRM1.2tRM82.8b15.9x21.8x1.5x
Fri, 22 Dec 2023RM1.8tRM1.2tRM83.0b15.4x21.2x1.4x
Sun, 19 Nov 2023RM1.8tRM1.2tRM80.1b15.9x21.9x1.4x
Tue, 17 Oct 2023RM1.7tRM1.2tRM79.2b15.7x21.9x1.4x
Thu, 14 Sep 2023RM1.7tRM1.2tRM79.7b15.6x21.7x1.4x
Sat, 12 Aug 2023RM1.7tRM1.2tRM81.8b14.9x21x1.4x
Mon, 10 Jul 2023RM1.6tRM1.2tRM82.6b13.8x19.8x1.3x
Wed, 07 Jun 2023RM1.6tRM1.2tRM82.7b13.8x19.8x1.3x
Fri, 05 May 2023RM1.7tRM1.2tRM117.9b13.3x14.2x1.4x
Sun, 02 Apr 2023RM1.7tRM1.2tRM118.8b13.4x14x1.4x
Tue, 28 Feb 2023RM1.7tRM1.2tRM118.9b13.9x14.3x1.4x
Thu, 26 Jan 2023RM1.7tRM1.2tRM138.8b13.5x12.4x1.4x
Sat, 24 Dec 2022RM1.7tRM1.2tRM138.3b13.1x12.1x1.4x
Mon, 21 Nov 2022RM1.6tRM1.1tRM134.6b13.3x12x1.4x
Wed, 19 Oct 2022RM1.6tRM1.1tRM135.6b13.3x11.5x1.4x
Fri, 16 Sep 2022RM1.6tRM1.1tRM136.1b13.9x12x1.4x
Sun, 14 Aug 2022RM1.7tRM1.1tRM97.6b14.5x17.1x1.6x
Tue, 12 Jul 2022RM1.6tRM1.1tRM100.9b13.8x15.7x1.5x
Thu, 09 Jun 2022RM1.7tRM1.1tRM102.6b14.8x16.6x1.6x
Sat, 07 May 2022RM1.7tRM1.0tRM97.0b15.5x18x1.7x
Mon, 04 Apr 2022RM1.8tRM1.0tRM99.1b15.4x17.9x1.7x
Wed, 02 Mar 2022RM1.8tRM1.0tRM96.5b14.8x18.3x1.7x
Fri, 28 Jan 2022RM1.7tRM994.6bRM93.6b15.2x18.1x1.7x
Sun, 26 Dec 2021RM1.7tRM993.4bRM94.2b15.4x18.2x1.7x
Tue, 23 Nov 2021RM1.7tRM984.0bRM94.1b15.5x18.6x1.8x
Thu, 21 Oct 2021RM1.8tRM986.9bRM94.2b16.4x19.5x1.9x
Sat, 18 Sep 2021RM1.8tRM982.1bRM95.7b16.3x18.5x1.8x
Mon, 16 Aug 2021RM1.7tRM982.3bRM95.7b16.4x17.8x1.7x
Mon, 31 May 2021RM1.7tRM921.8bRM78.1b17.8x22.4x1.9x
Price to Earnings Ratio

23.6x


Total Market Cap: RM1.8tTotal Earnings: RM76.1bTotal Revenue: RM918.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.6x202220232024
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.6x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 9.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market0.86%
Utilities4.99%
Healthcare2.38%
Industrials1.79%
Telecom1.78%
Real Estate0.91%
Tech0.72%
Consumer Discretionary0.67%
Consumer Staples0.30%
Energy0.039%
Materials-0.86%
Financials-0.98%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 48.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.5% which is higher than its past year's earnings decline of 17.5% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
YTL YTL Corporation BerhadRM3.1614.1%
+RM4.3b
375.2%PE16.7xUtilities
YTLPOWR YTL Power International BerhadRM4.6111.9%
+RM4.0b
311.6%PE11.2xUtilities
AXIATA Axiata Group BerhadRM2.875.5%
+RM1.4b
-5.6%PS1.2xTelecom
MRDIY Mr D.I.Y. Group (M) BerhadRM1.669.2%
+RM1.3b
4.4%PE28xConsumer Discretionary
SUNWAY Sunway BerhadRM3.605.6%
+RM1.1b
130.8%PE29.5xIndustrials
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