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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies12
  • 7D-0.4%
  • 3M3.6%
  • 1Y10.7%
  • YTD7.7%

In the last week, Healthcare Services has been flat. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are forecast to decline by 7.6% per annum.

Industry Valuation and Performance

Has the Malaysian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024RM68.6bRM25.5bRM3.4b28.7x20.3x2.7x
Tue, 16 Apr 2024RM66.0bRM25.5bRM3.4b27.7x19.5x2.6x
Thu, 14 Mar 2024RM64.5bRM25.4bRM3.3b26.2x19.4x2.5x
Sat, 10 Feb 2024RM64.1bRM25.8bRM2.8b23.4x23.1x2.5x
Mon, 08 Jan 2024RM62.9bRM25.8bRM2.8b24.9x22.7x2.4x
Wed, 06 Dec 2023RM60.7bRM25.8bRM2.8b24.5x21.9x2.4x
Fri, 03 Nov 2023RM61.7bRM23.4bRM2.4b24.9x25.4x2.6x
Sun, 01 Oct 2023RM60.1bRM23.4bRM2.4b25.5x24.7x2.6x
Tue, 29 Aug 2023RM61.4bRM23.0bRM2.7b26.3x22.6x2.7x
Thu, 27 Jul 2023RM60.5bRM23.0bRM2.7b24.4x22.1x2.6x
Sat, 24 Jun 2023RM59.7bRM22.9bRM2.7b23.8x21.8x2.6x
Mon, 22 May 2023RM60.6bRM21.9bRM1.8b27.7x33x2.8x
Wed, 19 Apr 2023RM60.4bRM21.9bRM1.8b28.7x32.9x2.8x
Fri, 17 Mar 2023RM59.5bRM21.9bRM1.8b27.3x32.4x2.7x
Sun, 12 Feb 2023RM61.0bRM24.9bRM2.2b29.1x27.8x2.4x
Tue, 10 Jan 2023RM62.4bRM24.9bRM2.2b29.9x28.4x2.5x
Thu, 08 Dec 2022RM60.9bRM24.9bRM2.2b30x27.7x2.4x
Sat, 05 Nov 2022RM61.1bRM25.8bRM2.5b25.9x24.5x2.4x
Mon, 03 Oct 2022RM60.2bRM25.8bRM2.5b25.1x24.1x2.3x
Wed, 31 Aug 2022RM64.0bRM25.8bRM2.5b24.2x25.6x2.5x
Fri, 29 Jul 2022RM65.5bRM25.9bRM2.3b26.6x28.4x2.5x
Sun, 26 Jun 2022RM63.1bRM25.7bRM2.2b29.9x28.9x2.5x
Tue, 24 May 2022RM64.9bRM25.4bRM2.1b32.5x31.6x2.6x
Thu, 21 Apr 2022RM64.9bRM25.2bRM2.1b32.3x31.7x2.6x
Sat, 19 Mar 2022RM63.3bRM25.2bRM2.1b31.6x30.9x2.5x
Mon, 14 Feb 2022RM65.5bRM24.2bRM1.9b39.5x34x2.7x
Wed, 12 Jan 2022RM66.0bRM24.2bRM1.9b38.2x34.3x2.7x
Fri, 10 Dec 2021RM65.1bRM24.2bRM1.9b36.2x33.9x2.7x
Sun, 07 Nov 2021RM65.7bRM21.7bRM1.7b42.1x39.5x3x
Tue, 05 Oct 2021RM65.9bRM21.7bRM1.7b42.1x39.7x3x
Thu, 02 Sep 2021RM63.8bRM21.8bRM1.7b46.3x38.3x2.9x
Sat, 31 Jul 2021RM57.3bRM21.8bRM1.7b42.3x34.4x2.6x
Price to Earnings Ratio

52x


Total Market Cap: RM54.7bTotal Earnings: RM1.1bTotal Revenue: RM19.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 29.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Malaysian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 20.3x which is lower than its 3-year average PE of 29.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 9.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Healthcare industry?

MY Market1.94%
Healthcare4.09%
Healthcare Services-0.35%
Healthcare Distributors11.13%
Healthcare Services0.80%
Managed Healthcare0%
Healthcare Facilities-0.48%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 40.8x.
    • Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings decline of 12.3% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 29.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 22% over the next 5 years.
  • However this is lower than its past earnings growth rate of 45% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings decline by 8.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KPJ KPJ Healthcare BerhadRM2.011.0%
+RM87.3m		81.1%PE31.2x
FOCUSP Focus Point Holdings BerhadRM0.8311.3%
+RM39.3m		10.6%PE12.8x
TMCLIFE TMC Life Sciences BerhadRM0.722.1%
+RM26.1m		27.4%PE21.9x
ALPHA Alpha IVF Group BerhadRM0.331.5%
+RM24.3m		n/aPE32.2x
UMC UMediC Group BerhadRM0.757.9%
+RM20.6m		2.7%PE28.7x
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G3

RM0.03

G3 Global Berhad

7D

20.0%

1Y

20.0%

IHH

RM6.27

IHH Healthcare Berhad

7D

-0.8%

1Y

5.4%

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May 13
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KPJ

RM2.01

KPJ Healthcare Berhad

7D

1.0%

1Y

81.1%

PHARMA

RM0.30

Pharmaniaga Berhad

7D

-1.6%

1Y

-15.3%

Why Investors Shouldn't Be Surprised By Pharmaniaga Berhad's (KLSE:PHARMA) Low P/S

May 09
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DCHCARE

RM0.28

DC Healthcare Holdings Berhad

7D

-9.8%

1Y

n/a

OPTIMAX

RM0.66

Optimax Holdings Berhad

7D

2.3%

1Y

-10.8%

CENGILD

RM0.30

Cengild Medical Berhad

7D

1.7%

1Y

-29.9%

FOCUSP

RM0.83

Focus Point Holdings Berhad

7D

11.3%

1Y

10.6%

ALPHA

RM0.33

Alpha IVF Group Berhad

7D

1.5%

1Y

n/a

UMC

RM0.75

UMediC Group Berhad

7D

7.9%

1Y

2.7%

TMCLIFE

RM0.72

TMC Life Sciences Berhad

7D

2.1%

1Y

27.4%