Returns On Capital At Sern Kou Resources Berhad (KLSE:SERNKOU) Paint A Concerning Picture
Apr 17
Malaysian (KLSE) Home Furnishings Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies21
- 7D1.0%
- 3M11.1%
- 1Y11.5%
- YTDn/a
In the last week, the Home Furnishings industry is up 1.0%, with Sern Kou Resources Berhad up 10%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Malaysian Home Furnishings Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | RM6.1b | RM4.3b | RM311.8m | 14.3x | 19.6x | 1.4x |
| Sun, 17 Mar 2024 | RM5.8b | RM4.3b | RM305.4m | 14.5x | 19x | 1.3x |
| Tue, 13 Feb 2024 | RM5.7b | RM3.8b | RM248.7m | 17.8x | 23x | 1.5x |
| Thu, 11 Jan 2024 | RM5.6b | RM3.8b | RM248.7m | 17.3x | 22.7x | 1.5x |
| Sat, 09 Dec 2023 | RM5.3b | RM3.9b | RM267.2m | 16.5x | 19.7x | 1.4x |
| Mon, 06 Nov 2023 | RM5.1b | RM4.0b | RM285.0m | 17x | 18x | 1.3x |
| Wed, 04 Oct 2023 | RM5.0b | RM4.0b | RM284.9m | 15.6x | 17.7x | 1.3x |
| Fri, 01 Sep 2023 | RM5.0b | RM4.0b | RM285.4m | 14.2x | 17.5x | 1.2x |
| Sun, 30 Jul 2023 | RM4.9b | RM4.2b | RM300.0m | 12.7x | 16.4x | 1.2x |
| Tue, 27 Jun 2023 | RM4.8b | RM4.3b | RM326.2m | 12.7x | 14.7x | 1.1x |
| Thu, 25 May 2023 | RM4.6b | RM4.4b | RM348.4m | 10.4x | 13.2x | 1x |
| Sat, 22 Apr 2023 | RM4.5b | RM5.0b | RM398.1m | 9.5x | 11.2x | 0.9x |
| Mon, 20 Mar 2023 | RM4.4b | RM5.1b | RM407.0m | 9.3x | 10.8x | 0.9x |
| Wed, 15 Feb 2023 | RM4.4b | RM4.7b | RM380.4m | 9x | 11.6x | 0.9x |
| Fri, 13 Jan 2023 | RM4.4b | RM4.7b | RM384.3m | 9.7x | 11.5x | 0.9x |
| Sun, 11 Dec 2022 | RM4.6b | RM4.6b | RM337.5m | 9.3x | 13.8x | 1x |
| Tue, 08 Nov 2022 | RM4.4b | RM4.4b | RM289.4m | 11.9x | 15.2x | 1x |
| Thu, 06 Oct 2022 | RM4.2b | RM4.3b | RM273.6m | 11.9x | 15.2x | 1x |
| Sat, 03 Sep 2022 | RM4.2b | RM4.4b | RM262.1m | 12.1x | 15.9x | 0.9x |
| Mon, 01 Aug 2022 | RM3.9b | RM4.3b | RM208.4m | 15.4x | 18.8x | 0.9x |
| Wed, 29 Jun 2022 | RM3.9b | RM4.2b | RM197.1m | 15.4x | 19.9x | 0.9x |
| Fri, 27 May 2022 | RM4.2b | RM4.3b | RM196.2m | 20.5x | 21.4x | 1x |
| Sun, 24 Apr 2022 | RM4.3b | RM4.2b | RM190.0m | 19.8x | 22.7x | 1x |
| Tue, 22 Mar 2022 | RM4.1b | RM4.3b | RM190.3m | 20.2x | 21.8x | 1x |
| Thu, 17 Feb 2022 | RM4.3b | RM4.4b | RM221.5m | 19.9x | 19.6x | 1x |
| Sat, 15 Jan 2022 | RM4.2b | RM4.4b | RM222.3m | 20.9x | 19x | 1x |
| Mon, 13 Dec 2021 | RM4.0b | RM4.6b | RM248.2m | 20x | 16.3x | 0.9x |
| Wed, 10 Nov 2021 | RM4.3b | RM5.0b | RM321.7m | 14.8x | 13.4x | 0.9x |
| Fri, 08 Oct 2021 | RM4.0b | RM5.0b | RM333.2m | 15.1x | 11.9x | 0.8x |
| Sun, 05 Sep 2021 | RM4.1b | RM4.9b | RM324.4m | 16.8x | 12.6x | 0.8x |
| Tue, 03 Aug 2021 | RM3.9b | RM4.9b | RM324.4m | 16.9x | 12x | 0.8x |
| Fri, 07 May 2021 | RM4.4b | RM4.8b | RM304.3m | 21.3x | 14.4x | 0.9x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are optimistic on the Malaysian Home Furnishings industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.6x which is higher than its 3-year average PE of 16.2x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Home Furnishings industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.5% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Malaysian Home Furnishings compare with similar industries?
| MY Market | -1.10% | |
| Consumer Discretionary | -1.72% | |
| Consumer Durables | 0.77% | |
| Home Furnishings | 1.01% | |
| Consumer Electronics | 2.03% | |
| Housewares and Specialties | 0.34% | |
| Household Appliances | -0.59% | |
| Homebuilding | -4.46% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SYNERGY Synergy House Berhad | RM1.14 | 18.8% +RM90.0m | n/a | PE21x | |
| SERNKOU Sern Kou Resources Berhad | RM0.91 | 9.0% +RM80.9m | 46.8% | PE156.8x | |
| SHH SHH Resources Holdings Berhad | RM1.26 | 3.3% +RM4.0m | 61.5% | PE32.8x | |
| ECOMATE Ecomate Holdings Berhad | RM0.85 | 1.2% +RM3.6m | 22.3% | PE112.3x | |
| FACBIND FACB Industries Berhad | RM1.20 | 2.6% +RM2.5m | 3.4% | PE12.8x |