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Malaysian (KLSE) Steel Industry Analysis

UpdatedMay 13, 2024
DataAggregated Company Financials
Companies22
  • 7D0.6%
  • 3M4.6%
  • 1Y5.9%
  • YTDn/a

The Steel industry is up 1.0% in the last week, with Hiap Teck Venture Berhad up 5.1%. During this same period, the South Malaysia Industries Berhad underperformed, falling 18%. In the last 12 months, the industry was up 5.6%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Malaysian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 May 2024RM5.7bRM18.2b-RM168,642,533.0011x-33.8x0.3x
Wed, 10 Apr 2024RM5.7bRM18.1b-RM172,933,608.0010.3x-32.8x0.3x
Fri, 08 Mar 2024RM5.4bRM18.0b-RM171,946,608.009.8x-31.2x0.3x
Sun, 04 Feb 2024RM5.4bRM18.3b-RM264,865,399.0011.8x-20.5x0.3x
Tue, 02 Jan 2024RM6.1bRM18.3b-RM251,354,399.0011.7x-24.1x0.3x
Thu, 30 Nov 2023RM5.9bRM18.3b-RM287,389,399.0011.8x-20.7x0.3x
Sat, 28 Oct 2023RM5.8bRM18.4b-RM529,513,748.0018.4x-10.9x0.3x
Mon, 25 Sep 2023RM6.0bRM18.3b-RM544,711,748.0020.9x-11x0.3x
Wed, 23 Aug 2023RM5.8bRM18.8b-RM429,145,557.0031.2x-13.6x0.3x
Fri, 21 Jul 2023RM5.4bRM19.0b-RM418,755,557.0032.8x-12.9x0.3x
Sun, 18 Jun 2023RM5.2bRM19.1b-RM416,979,459.0023.6x-12.4x0.3x
Tue, 16 May 2023RM5.2bRM19.6b-RM259,652,783.0010.8x-20x0.3x
Thu, 13 Apr 2023RM5.6bRM19.6b-RM265,327,794.0011.7x-21.2x0.3x
Sat, 11 Mar 2023RM5.5bRM19.6b-RM259,507,794.0011.3x-21.1x0.3x
Mon, 06 Feb 2023RM6.2bRM20.2bRM849.4m6.1x7.3x0.3x
Wed, 04 Jan 2023RM5.4bRM20.1bRM835.1m6.1x6.5x0.3x
Fri, 02 Dec 2022RM5.3bRM19.6bRM1.3b4.2x4.2x0.3x
Sun, 30 Oct 2022RM4.5bRM18.9bRM1.4b3.7x3.2x0.2x
Tue, 27 Sep 2022RM4.6bRM18.5bRM1.4b4.2x3.2x0.2x
Thu, 25 Aug 2022RM4.9bRM17.7bRM1.6b3.5x3.1x0.3x
Sat, 23 Jul 2022RM4.7bRM17.5bRM1.6b3.5x3x0.3x
Mon, 20 Jun 2022RM4.9bRM17.4bRM1.6b3.4x3.1x0.3x
Wed, 18 May 2022RM6.0bRM17.1bRM1.7b3.7x3.5x0.3x
Fri, 15 Apr 2022RM6.3bRM16.9bRM1.7b3.7x3.7x0.4x
Sun, 13 Mar 2022RM5.9bRM17.0bRM1.7b3.5x3.4x0.3x
Tue, 08 Feb 2022RM6.3bRM15.9bRM1.3b5.2x4.7x0.4x
Thu, 06 Jan 2022RM6.0bRM15.9bRM1.3b4.8x4.5x0.4x
Sat, 04 Dec 2021RM5.6bRM15.7bRM1.3b4.9x4.4x0.4x
Mon, 01 Nov 2021RM6.8bRM16.0bRM1.0b6.7x6.7x0.4x
Wed, 29 Sep 2021RM6.3bRM15.8bRM792.5m7.2x7.9x0.4x
Fri, 27 Aug 2021RM6.8bRM15.7bRM703.0m8x9.6x0.4x
Sat, 03 Jul 2021RM6.2bRM15.7bRM703.0m7.1x8.8x0.4x
Price to Earnings Ratio

16.3x


Total Market Cap: RM6.7bTotal Earnings: RM410.0mTotal Revenue: RM14.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Steel Industry Price to Earnings3Y Average -4.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Malaysian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.4% 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, which has decreased profits.

Industry Comparison

How does Malaysian Steel compare with similar industries?

MY Market1.13%
Materials0.76%
Metals and Mining0.60%
Steel0.58%
Gold5.56%
Diversified Metals and Mining5.13%
Aluminum0.29%
Copper0%
Precious Metals and Minerals0%
Silver0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KSSC K. Seng Seng Corporation BerhadRM1.1414.0%
+RM21.0m
-14.3%PS0.7x
LEONFB Leon Fuat BerhadRM0.586.4%
+RM11.9m
17.0%PE5.5x
ANNJOO Ann Joo Resources BerhadRM1.181.7%
+RM11.2m
12.4%PS0.3x
SSTEEL Southern Steel BerhadRM0.582.7%
+RM8.9m
19.6%PS0.1x
MAYU Mayu Global Group BerhadRM0.307.0%
+RM8.9m
3.4%PE20.3x
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Latest News

ASTEEL

RM0.09

ASTEEL Group Berhad

7D

-5.3%

1Y

-18.2%

KSSC

RM1.14

K. Seng Seng Corporation Berhad

7D

14.0%

1Y

-14.3%

MESTRON

RM0.30

Mestron Holdings Berhad

7D

-3.2%

1Y

-24.1%

LEFORM

RM0.16

Leform Berhad

7D

3.2%

1Y

-28.9%

ANNJOO

RM1.18

Ann Joo Resources Berhad

7D

1.7%

1Y

12.4%

PANTECH

RM1.06

Pantech Group Holdings Berhad

7D

-3.6%

1Y

41.3%

SMI

RM0.41

South Malaysia Industries Berhad

7D

-15.3%

1Y

-40.3%

MAYU

RM0.30

Mayu Global Group Berhad

7D

7.0%

1Y

3.4%

SSTEEL

RM0.58

Southern Steel Berhad

7D

2.7%

1Y

19.6%