Malaysia Smelting Corporation Berhad (KLSE:MSC) Will Pay A Dividend Of MYR0.07
May 07
Malaysian (KLSE) Metals and Mining Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies36
- 7D0.8%
- 3M15.3%
- 1Y7.9%
- YTD8.4%
The Metals and Mining industry has been flat over the last week, but Minetech Resources Berhad has lost 10.0%. The past year has been better, since the industry has gained 7.9% in that time. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Malaysian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | RM59.1b | RM38.7b | RM1.2b | 15.9x | 48.6x | 1.5x |
| Sat, 13 Apr 2024 | RM57.2b | RM38.6b | RM1.2b | 19x | 47.8x | 1.5x |
| Mon, 11 Mar 2024 | RM50.8b | RM38.4b | RM1.2b | 18.7x | 42.4x | 1.3x |
| Wed, 07 Feb 2024 | RM51.6b | RM39.3b | RM1.1b | 13x | 45.9x | 1.3x |
| Fri, 05 Jan 2024 | RM54.1b | RM39.1b | RM1.1b | 12.5x | 48.5x | 1.4x |
| Sun, 03 Dec 2023 | RM52.6b | RM39.1b | RM1.1b | 13.4x | 48.5x | 1.3x |
| Tue, 31 Oct 2023 | RM53.5b | RM39.9b | RM849.4m | 15.5x | 62.9x | 1.3x |
| Thu, 28 Sep 2023 | RM53.3b | RM39.9b | RM842.4m | 15.9x | 63.3x | 1.3x |
| Sat, 26 Aug 2023 | RM54.6b | RM40.5b | RM1.1b | 15.8x | 50.2x | 1.3x |
| Mon, 24 Jul 2023 | RM53.9b | RM41.3b | RM1.2b | 22.9x | 45.6x | 1.3x |
| Wed, 21 Jun 2023 | RM51.3b | RM41.4b | RM1.2b | 18.1x | 42.8x | 1.2x |
| Fri, 19 May 2023 | RM52.3b | RM43.1b | RM1.6b | 11x | 32.3x | 1.2x |
| Sun, 16 Apr 2023 | RM56.2b | RM43.1b | RM1.6b | 10.9x | 34.5x | 1.3x |
| Tue, 14 Mar 2023 | RM54.5b | RM43.1b | RM1.6b | 10.7x | 33.2x | 1.3x |
| Thu, 09 Feb 2023 | RM58.9b | RM43.2b | RM2.9b | 6.3x | 20.5x | 1.4x |
| Sat, 07 Jan 2023 | RM53.8b | RM43.1b | RM2.9b | 6.3x | 18.8x | 1.2x |
| Mon, 05 Dec 2022 | RM52.4b | RM43.1b | RM3.0b | 6x | 17.6x | 1.2x |
| Wed, 02 Nov 2022 | RM47.4b | RM159.9b | RM4.2b | 3.9x | 11.2x | 0.3x |
| Fri, 30 Sep 2022 | RM44.3b | RM39.8b | RM3.5b | 4.6x | 12.7x | 1.1x |
| Sun, 28 Aug 2022 | RM50.4b | RM39.1b | RM3.5b | 4.5x | 14.4x | 1.3x |
| Tue, 26 Jul 2022 | RM47.4b | RM36.7b | RM3.3b | 5.2x | 14.2x | 1.3x |
| Thu, 23 Jun 2022 | RM49.2b | RM36.5b | RM3.4b | 4.9x | 14.6x | 1.3x |
| Sat, 21 May 2022 | RM56.6b | RM33.9b | RM3.2b | 6.2x | 17.5x | 1.7x |
| Mon, 18 Apr 2022 | RM68.4b | RM33.7b | RM3.2b | 6.7x | 21.4x | 2x |
| Wed, 16 Mar 2022 | RM62.5b | RM33.6b | RM3.2b | 5.9x | 19.5x | 1.9x |
| Fri, 11 Feb 2022 | RM68.2b | RM30.7b | RM2.5b | 7.4x | 26.8x | 2.2x |
| Sun, 09 Jan 2022 | RM58.3b | RM30.5b | RM2.5b | 6.4x | 23.1x | 1.9x |
| Tue, 07 Dec 2021 | RM54.0b | RM30.3b | RM2.5b | 6x | 22x | 1.8x |
| Thu, 04 Nov 2021 | RM56.8b | RM29.3b | RM2.0b | 7.9x | 28.4x | 1.9x |
| Sat, 02 Oct 2021 | RM58.0b | RM29.4b | RM2.0b | 7.3x | 29.2x | 2x |
| Mon, 30 Aug 2021 | RM54.8b | RM29.0b | RM1.7b | 9.2x | 32.3x | 1.9x |
| Tue, 06 Jul 2021 | RM48.4b | RM29.0b | RM1.7b | 8.1x | 28.6x | 1.7x |
Price to Earnings Ratio
43.9x
Current Industry PE
- Investors are optimistic on the Malaysian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 48.6x which is higher than its 3-year average PE of 32.5x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Materials industry?
| MY Market | 0.71% | |
| Materials | -0.38% | |
| Metals and Mining | 0.77% | |
| Gold | 3.64% | |
| Diversified Metals and Mining | 3.31% | |
| Steel | 1.36% | |
| Aluminum | 0.53% | |
| Copper | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 912x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PMETAL Press Metal Aluminium Holdings Berhad | RM5.36 | 0.6% +RM247.2m | 13.3% | PE36.3x | |
| PMBTECH PMB Technology Berhad | RM2.66 | 3.5% +RM144.1m | -34.3% | PE94.3x | |
| PA P.A. Resources Berhad | RM0.40 | 16.2% +RM82.2m | 43.6% | PE16.5x | |
| MSC Malaysia Smelting Corporation Berhad | RM3.12 | 5.8% +RM71.4m | 55.2% | PE15.4x | |
| BAHVEST Bahvest Resources Berhad | RM0.57 | 5.5% +RM37.2m | 379.2% | PE1057.6x |
