Header cover image

Malaysian (KLSE) Utilities Sector Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies13
  • 7D4.7%
  • 3M23.8%
  • 1Y73.3%
  • YTD42.2%

Over the last 7 days, the Utilities industry has risen 4.7%, driven by gains from YTL Corporation Berhad of 12%. In the last 12 months, the industry was up 73%. Looking forward, earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

Has the Malaysian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 May 2024RM211.6bRM147.2bRM10.0b20x21.2x1.4x
Mon, 15 Apr 2024RM179.6bRM147.2bRM10.0b18x18x1.2x
Wed, 13 Mar 2024RM174.1bRM147.2bRM10.0b17.9x17.4x1.2x
Fri, 09 Feb 2024RM170.9bRM150.1bRM9.4b15x18.1x1.1x
Sun, 07 Jan 2024RM161.3bRM150.1bRM9.4b14.5x17.1x1.1x
Tue, 05 Dec 2023RM139.3bRM150.1bRM9.4b10.4x14.8x0.9x
Thu, 02 Nov 2023RM138.4bRM152.8bRM8.5b10.2x16.3x0.9x
Sat, 30 Sep 2023RM137.6bRM152.8bRM8.5b9.4x16.2x0.9x
Mon, 28 Aug 2023RM135.4bRM152.7bRM8.9b10.2x15.2x0.9x
Wed, 26 Jul 2023RM124.9bRM149.0bRM8.5b9.8x14.7x0.8x
Fri, 23 Jun 2023RM118.9bRM149.0bRM8.5b9.8x14x0.8x
Sun, 21 May 2023RM121.8bRM146.4bRM8.5b10.3x14.3x0.8x
Tue, 18 Apr 2023RM116.0bRM145.7bRM8.5b10.8x13.7x0.8x
Thu, 16 Mar 2023RM113.4bRM145.7bRM8.5b10.3x13.4x0.8x
Sat, 11 Feb 2023RM116.2bRM141.0bRM8.4b12.1x13.9x0.8x
Mon, 09 Jan 2023RM113.5bRM141.0bRM8.4b11.8x13.5x0.8x
Wed, 07 Dec 2022RM111.7bRM141.0bRM8.4b11.8x13.3x0.8x
Fri, 04 Nov 2022RM107.1bRM129.8bRM8.5b13.1x12.6x0.8x
Sun, 02 Oct 2022RM104.2bRM129.8bRM8.5b12.7x12.3x0.8x
Tue, 30 Aug 2022RM111.4bRM123.1bRM8.4b13.6x13.2x0.9x
Thu, 28 Jul 2022RM105.6bRM118.6bRM7.3b13.5x14.4x0.9x
Sat, 25 Jun 2022RM104.1bRM118.6bRM7.3b13.8x14.2x0.9x
Mon, 23 May 2022RM113.0bRM109.8bRM6.1b14x18.6x1x
Wed, 20 Apr 2022RM110.3bRM109.2bRM6.2b14.3x17.9x1x
Fri, 18 Mar 2022RM109.4bRM109.2bRM6.2b14.2x17.8x1x
Sun, 13 Feb 2022RM111.7bRM98.3bRM6.6b13.6x16.9x1.1x
Tue, 11 Jan 2022RM110.1bRM98.3bRM6.6b13.8x16.7x1.1x
Thu, 09 Dec 2021RM109.2bRM98.3bRM6.6b13.3x16.5x1.1x
Sat, 06 Nov 2021RM113.7bRM94.7bRM6.5b14.5x17.5x1.2x
Mon, 04 Oct 2021RM114.7bRM94.8bRM6.5b14.6x17.6x1.2x
Wed, 01 Sep 2021RM119.4bRM94.9bRM6.5b15.8x18.3x1.3x
Thu, 08 Jul 2021RM113.4bRM94.9bRM6.5b14.7x17.4x1.2x
Price to Earnings Ratio

16.8x


Total Market Cap: RM116.4bTotal Earnings: RM6.9bTotal Revenue: RM91.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Utilities Sector Price to Earnings3Y Average 15.8x202220232024
Current Industry PE
  • Investors are optimistic on the Malaysian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.2x which is higher than its 3-year average PE of 15.8x.
  • The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Utilities sector?

MY Market1.94%
Utilities4.70%
Other Utilities10.33%
Electric Utilities1.61%
Renewable Energy0.94%
Gas Utilities0.59%
Water Utilities0.55%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 22.1x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 44.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings decline of 3.3% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 2.8% 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
YTL YTL Corporation BerhadRM3.8212.4%
+RM4.6b		392.9%PE20.2x
YTLPOWR YTL Power International BerhadRM5.398.5%
+RM3.4b		368.7%PE13x
TENAGA Tenaga Nasional BerhadRM12.601.6%
+RM1.2b		28.3%PE26.3x
PETGAS PETRONAS Gas BerhadRM18.200.8%
+RM277.0m		6.6%PE19.8x
MFCB Mega First Corporation BerhadRM4.871.0%
+RM47.1m		44.9%PE12x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MFCB

RM4.87

Mega First Corporation Berhad

7D

1.0%

1Y

44.9%

TALIWRK

RM0.82

Taliworks Corporation Berhad

7D

1.2%

1Y

-3.0%

YTLPOWR

RM5.39

YTL Power International Berhad

7D

8.5%

1Y

368.7%

TENAGA

RM12.60

Tenaga Nasional Berhad

7D

1.6%

1Y

28.3%

Be Wary Of Tenaga Nasional Berhad (KLSE:TENAGA) And Its Returns On Capital

May 10
Be Wary Of Tenaga Nasional Berhad (KLSE:TENAGA) And Its Returns On Capital

GASMSIA

RM3.50

Gas Malaysia Berhad

7D

-0.8%

1Y

10.4%

Gas Malaysia Berhad's (KLSE:GASMSIA) Dividend Will Be MYR0.0862

May 09
Gas Malaysia Berhad's (KLSE:GASMSIA) Dividend Will Be MYR0.0862

YTL

RM3.82

YTL Corporation Berhad

7D

12.4%

1Y

392.9%

MALAKOF

RM0.68

Malakoff Corporation Berhad

7D

0.7%

1Y

-0.7%

PUNCAK

RM0.36

Puncak Niaga Holdings Berhad

7D

4.3%

1Y

65.9%

SALCON

RM0.29

Salcon Berhad

7D

-1.7%

1Y

40.5%

PETGAS

RM18.20

PETRONAS Gas Berhad

7D

0.8%

1Y

6.6%

The Returns At PETRONAS Gas Berhad (KLSE:PETGAS) Aren't Growing

Apr 22
The Returns At PETRONAS Gas Berhad (KLSE:PETGAS) Aren't Growing