LBS Bina Group Berhad (KLSE:LBS) Has Announced That It Will Be Increasing Its Dividend To MYR0.0135
May 05
Malaysian (KLSE) Real Estate Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies107
- 7D2.1%
- 3M11.4%
- 1Y35.1%
- YTD18.0%
Over the last 7 days, the Real Estate industry has risen 2.1%, driven by gains from IOI Properties Group Berhad of 4.3%. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 6.0% annually.
Sector Valuation and Performance
Has the Malaysian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | RM133.7b | RM47.5b | RM7.3b | 14.7x | 18.2x | 2.8x |
| Tue, 16 Apr 2024 | RM125.9b | RM46.9b | RM7.3b | 14.4x | 17.2x | 2.7x |
| Thu, 14 Mar 2024 | RM118.7b | RM46.7b | RM7.3b | 13.9x | 16.2x | 2.5x |
| Sat, 10 Feb 2024 | RM117.4b | RM46.4b | RM7.3b | 13.6x | 16x | 2.5x |
| Mon, 08 Jan 2024 | RM118.2b | RM46.1b | RM7.1b | 12.8x | 16.6x | 2.6x |
| Wed, 06 Dec 2023 | RM109.8b | RM45.8b | RM7.0b | 12.8x | 15.6x | 2.4x |
| Fri, 03 Nov 2023 | RM109.9b | RM44.5b | RM7.3b | 14x | 15x | 2.5x |
| Sun, 01 Oct 2023 | RM112.0b | RM44.2b | RM7.1b | 15x | 15.7x | 2.5x |
| Tue, 29 Aug 2023 | RM110.2b | RM43.5b | RM7.1b | 14.2x | 15.4x | 2.5x |
| Thu, 27 Jul 2023 | RM103.2b | RM43.1b | RM6.9b | 13.4x | 14.9x | 2.4x |
| Sat, 24 Jun 2023 | RM95.6b | RM42.2b | RM6.8b | 12.7x | 14.1x | 2.3x |
| Mon, 22 May 2023 | RM94.4b | RM40.5b | RM6.1b | 12.4x | 15.4x | 2.3x |
| Wed, 19 Apr 2023 | RM95.8b | RM40.5b | RM6.2b | 12.8x | 15.6x | 2.4x |
| Fri, 17 Mar 2023 | RM92.5b | RM40.7b | RM6.0b | 12x | 15.4x | 2.3x |
| Sun, 12 Feb 2023 | RM94.4b | RM40.0b | RM5.8b | 12.6x | 16.2x | 2.4x |
| Tue, 10 Jan 2023 | RM90.1b | RM39.8b | RM5.3b | 12.1x | 16.9x | 2.3x |
| Thu, 08 Dec 2022 | RM89.0b | RM39.6b | RM5.4b | 12x | 16.6x | 2.2x |
| Sat, 05 Nov 2022 | RM84.8b | RM36.6b | RM4.2b | 13.1x | 20x | 2.3x |
| Mon, 03 Oct 2022 | RM84.6b | RM36.4b | RM4.1b | 13.8x | 20.6x | 2.3x |
| Wed, 31 Aug 2022 | RM88.8b | RM36.4b | RM4.3b | 14.8x | 20.8x | 2.4x |
| Fri, 29 Jul 2022 | RM86.5b | RM35.3b | RM3.8b | 14x | 22.5x | 2.5x |
| Sun, 26 Jun 2022 | RM86.4b | RM35.3b | RM3.5b | 14.1x | 24.5x | 2.4x |
| Tue, 24 May 2022 | RM91.6b | RM36.0b | RM3.7b | 15.1x | 24.5x | 2.5x |
| Thu, 21 Apr 2022 | RM92.2b | RM36.1b | RM3.6b | 14.8x | 25.5x | 2.6x |
| Sat, 19 Mar 2022 | RM89.6b | RM36.2b | RM3.7b | 14.1x | 24.1x | 2.5x |
| Mon, 14 Feb 2022 | RM91.0b | RM36.3b | RM3.2b | 15.6x | 28.9x | 2.5x |
| Wed, 12 Jan 2022 | RM92.1b | RM36.2b | RM2.8b | 15.1x | 32.3x | 2.5x |
| Fri, 10 Dec 2021 | RM90.6b | RM36.2b | RM2.9b | 13.2x | 30.8x | 2.5x |
| Sun, 07 Nov 2021 | RM97.1b | RM38.5b | RM2.8b | 13.3x | 34.8x | 2.5x |
| Tue, 05 Oct 2021 | RM93.4b | RM38.6b | RM2.9b | 12.8x | 32.6x | 2.4x |
| Thu, 02 Sep 2021 | RM92.7b | RM39.4b | RM2.9b | 12.5x | 31.5x | 2.4x |
| Sat, 31 Jul 2021 | RM89.7b | RM39.4b | RM2.9b | 12.6x | 30.5x | 2.3x |
Price to Earnings Ratio
50.9x
Current Industry PE
- Investors are pessimistic on the Malaysian Real Estate 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 18.2x which is lower than its 3-year average PE of 22.1x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 60% per year over the last three years.
- Revenues for these companies have grown 8.6% 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 Real Estate sector?
| MY Market | 1.94% | |
| Real Estate | 2.13% | |
| Real Estate | 3.31% | |
| Health Care REITs | 0.78% | |
| Office REITs | 0.63% | |
| REITS | 0.33% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Retail REITs | -0.52% | |
| Hotel and Resort REITs | -0.83% | |
| Industrial REITs | -2.53% | |
Industry PE
- Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 11.6%, which is lower than the prior year's growth of 27.1% per year.
- Investors are most pessimistic about the Retail REITs industry, which is trading close to its 3-year average of 13.1x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 17% 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 | |
|---|---|---|---|---|---|
| IOIPG IOI Properties Group Berhad | RM2.45 | 4.3% +RM550.6m | 116.8% | PE20.9x | |
| MAHSING Mah Sing Group Berhad | RM1.41 | 14.6% +RM448.9m | 137.0% | PE16.3x | |
| UEMS UEM Sunrise Berhad | RM1.23 | 7.0% +RM404.7m | 373.1% | PE80.8x | |
| SIMEPROP Sime Darby Property Berhad | RM1.04 | 4.5% +RM306.0m | 128.6% | PE17.3x | |
| ECOWLD Eco World Development Group Berhad | RM1.56 | 5.4% +RM235.6m | 108.0% | PE22.7x |
