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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies962
  • 7D0.9%
  • 3M5.4%
  • 1Y10.4%
  • YTD5.5%

In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 3.8%. As for the longer term, the market has risen 10% in the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024RM1.8tRM1.2tRM99.4b15.9x18.6x1.5x
Thu, 15 Feb 2024RM1.8tRM1.2tRM82.5b15.8x22.1x1.5x
Sat, 13 Jan 2024RM1.8tRM1.2tRM82.8b15.8x21.8x1.5x
Mon, 11 Dec 2023RM1.7tRM1.2tRM82.9b15.1x20.8x1.4x
Wed, 08 Nov 2023RM1.7tRM1.2tRM79.6b15.8x22x1.4x
Fri, 06 Oct 2023RM1.7tRM1.2tRM79.4b15.4x21.6x1.4x
Sun, 03 Sep 2023RM1.7tRM1.2tRM79.1b15.9x22.1x1.4x
Tue, 01 Aug 2023RM1.7tRM1.2tRM82.0b14.6x21x1.4x
Thu, 29 Jun 2023RM1.6tRM1.2tRM82.8b13.8x19.8x1.3x
Sat, 27 May 2023RM1.7tRM1.2tRM117.4b13.7x14.1x1.4x
Mon, 24 Apr 2023RM1.7tRM1.2tRM119.0b13.2x14.1x1.4x
Wed, 22 Mar 2023RM1.6tRM1.2tRM117.2b13.3x13.9x1.3x
Fri, 17 Feb 2023RM1.7tRM1.2tRM139.2b13.8x12.4x1.4x
Sun, 15 Jan 2023RM1.7tRM1.2tRM138.7b13.2x12.4x1.4x
Tue, 13 Dec 2022RM1.7tRM1.2tRM138.9b13x12.1x1.4x
Thu, 10 Nov 2022RM1.6tRM1.1tRM134.1b13.5x12x1.4x
Sat, 08 Oct 2022RM1.6tRM1.1tRM135.6b13.4x11.6x1.4x
Mon, 05 Sep 2022RM1.6tRM1.1tRM136.1b13.8x12.1x1.5x
Wed, 03 Aug 2022RM1.7tRM1.1tRM99.6b14.3x16.6x1.5x
Fri, 01 Jul 2022RM1.6tRM1.1tRM100.6b14x16x1.5x
Sun, 29 May 2022RM1.7tRM1.1tRM97.5b14.9x17.6x1.6x
Tue, 26 Apr 2022RM1.8tRM1.0tRM98.4b15.8x17.9x1.7x
Thu, 24 Mar 2022RM1.8tRM1.0tRM99.3b15.1x17.8x1.7x
Sat, 19 Feb 2022RM1.8tRM1.0tRM93.2b16x19.1x1.8x
Mon, 17 Jan 2022RM1.7tRM992.5bRM93.5b15.7x18.6x1.8x
Wed, 15 Dec 2021RM1.7tRM994.9bRM94.9b15.2x17.7x1.7x
Fri, 12 Nov 2021RM1.8tRM985.3bRM93.7b16x18.7x1.8x
Sun, 10 Oct 2021RM1.8tRM984.9bRM93.5b16x19.1x1.8x
Tue, 07 Sep 2021RM1.8tRM980.5bRM95.1b16.4x18.8x1.8x
Thu, 05 Aug 2021RM1.7tRM982.3bRM95.7b16.5x17.8x1.7x
Sun, 09 May 2021RM1.8tRM918.2bRM76.1b19.4x23.6x2x
Price to Earnings Ratio

23.5x


Total Market Cap: RM1.8tTotal Earnings: RM75.2bTotal Revenue: RM913.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.8x202220232024
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.8x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 9.7% per year over the last three years.
  • Revenues for these companies have grown 9.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market0.92%
Telecom3.83%
Real Estate2.35%
Industrials1.99%
Healthcare1.95%
Utilities1.80%
Materials1.58%
Energy-0.049%
Consumer Discretionary-0.17%
Tech-0.26%
Consumer Staples-0.33%
Financials-0.51%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 47.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.3% which is higher than its past year's earnings decline of 9.4% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 9.4% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 5.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
YTL YTL Corporation BerhadRM2.759.6%
+RM2.6b
391.1%PE14.5xUtilities
TENAGA Tenaga Nasional BerhadRM11.603.2%
+RM2.1b
22.5%PE24.2xUtilities
YTLPOWR YTL Power International BerhadRM3.926.8%
+RM2.0b
361.2%PE9.5xUtilities
AIRPORT Malaysia Airports Holdings BerhadRM9.239.4%
+RM1.3b
33.8%PE31.7xIndustrials
SUNWAY Sunway BerhadRM3.107.3%
+RM1.2b
98.7%PE24.9xIndustrials
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

SPSETIA

RM1.12

S P Setia Berhad

7D

21.7%

1Y

89.8%

CDB

RM4.38

Celcomdigi Berhad

7D

1.9%

1Y

5.5%

CTOS

RM1.31

CTOS Digital Berhad

7D

-9.7%

1Y

0%

GENTING

RM4.98

Genting Berhad

7D

-2.4%

1Y

12.2%

AIRPORT

RM9.23

Malaysia Airports Holdings Berhad

7D

9.4%

1Y

33.8%

SUNWAY

RM3.10

Sunway Berhad

7D

7.3%

1Y

98.7%

HLBANK

RM19.36

Hong Leong Bank Berhad

7D

-1.1%

1Y

-3.7%

MAYBANK

RM9.75

Malayan Banking Berhad

7D

-0.7%

1Y

16.9%

PMETAL

RM4.73

Press Metal Aluminium Holdings Berhad

7D

2.2%

1Y

-1.0%

PCHEM

RM6.86

PETRONAS Chemicals Group Berhad

7D

-0.6%

1Y

-2.0%

PETDAG

RM21.44

PETRONAS Dagangan Berhad

7D

-1.3%

1Y

5.3%