Returns On Capital Are Showing Encouraging Signs At Focus Dynamics Group Berhad (KLSE:FOCUS)
Sep 04
Malaysian (KLSE) Hospitality Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies24
- 7D-1.2%
- 3M-6.0%
- 1Y-6.6%
- YTD-6.2%
Over the last 7 days, the Hospitality industry has dropped 1.2%, driven by a pullback from Genting Malaysia Berhad of 2.6%. On the other hand Focus Dynamics Group Berhad is actually up 67%. However, the industry is down 6.6% over the past year. Earnings are forecast to grow by 62% annually.
Industry Valuation and Performance
Has the Malaysian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | RM43.5b | RM46.1b | -RM205,237,788.00 | 12.5x | -212x | 0.9x |
| Tue, 25 Oct 2022 | RM42.9b | RM40.0b | -RM1,268,414,849.00 | 14x | -33.8x | 1.1x |
| Thu, 22 Sep 2022 | RM45.2b | RM40.0b | -RM1,268,414,849.00 | 14.3x | -35.6x | 1.1x |
| Sat, 20 Aug 2022 | RM46.5b | RM34.6b | -RM2,160,023,477.00 | 14.7x | -21.5x | 1.3x |
| Mon, 18 Jul 2022 | RM44.7b | RM34.5b | -RM2,189,268,115.00 | 14.8x | -20.4x | 1.3x |
| Wed, 15 Jun 2022 | RM46.5b | RM34.5b | -RM2,189,268,115.00 | 17.6x | -21.2x | 1.3x |
| Fri, 13 May 2022 | RM46.6b | RM29.9b | -RM2,848,067,791.00 | 25.4x | -16.3x | 1.6x |
| Sun, 10 Apr 2022 | RM47.0b | RM27.2b | -RM3,108,228,140.00 | 25.4x | -15.1x | 1.7x |
| Tue, 08 Mar 2022 | RM44.5b | RM29.9b | -RM2,848,046,140.00 | 25.4x | -15.6x | 1.5x |
| Thu, 03 Feb 2022 | RM43.6b | RM27.1b | -RM3,053,080,780.00 | 11.6x | -14.3x | 1.6x |
| Sat, 01 Jan 2022 | RM45.7b | RM27.1b | -RM3,053,080,780.00 | 10.9x | -15x | 1.7x |
| Mon, 29 Nov 2021 | RM46.3b | RM27.1b | -RM3,061,340,967.00 | 12x | -15.1x | 1.7x |
| Wed, 27 Oct 2021 | RM50.1b | RM29.0b | -RM3,080,423,404.00 | 13.6x | -16.3x | 1.7x |
| Fri, 24 Sep 2021 | RM49.3b | RM29.0b | -RM3,045,163,897.00 | 13.5x | -16.2x | 1.7x |
| Sun, 22 Aug 2021 | RM45.8b | RM28.3b | -RM3,122,758,557.00 | 12.1x | -14.7x | 1.6x |
| Fri, 09 Jul 2021 | RM46.5b | RM28.3b | -RM3,122,758,557.00 | 12.1x | -14.9x | 1.6x |
| Thu, 01 Apr 2021 | RM54.1b | RM24.7b | -RM4,156,242,135.00 | 26.5x | -13x | 2.2x |
| Sun, 03 Jan 2021 | RM49.0b | RM28.8b | -RM3,648,381,373.00 | 21.5x | -13.4x | 1.7x |
| Wed, 07 Oct 2020 | RM39.7b | RM33.3b | -RM2,659,163,783.00 | 22.9x | -14.9x | 1.2x |
| Tue, 30 Jun 2020 | RM43.1b | RM37.2b | -RM949,203,891.00 | 22.5x | -45.4x | 1.2x |
| Fri, 03 Apr 2020 | RM37.9b | RM47.3b | RM2.4b | 12.5x | 16x | 0.8x |
| Mon, 06 Jan 2020 | RM56.4b | RM49.7b | RM3.8b | 15.2x | 14.9x | 1.1x |
Price to Earnings Ratio
12.6x
Current Industry PE
- Investors are pessimistic on the Malaysian Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.94x.
Past Earnings Growth
- Total earnings for the Hospitality industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 3.3% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Discretionary industry?
| MY Market | 2.46% | |
| Consumer Discretionary | 0.12% | |
| Hospitality | -1.20% | |
| Restaurants | 4.91% | |
| Hotels, Resorts and Cruise Lines | 1.71% | |
| Casinos and Gaming | -1.70% | |
| Leisure Facilities | -4.30% | |
Industry PE
- Investors are most optimistic about the Restaurants industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 6.4%, which is lower than the prior year's growth of 147.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 65% over the next 5 years.
- However this is lower than its past earnings growth rate of 161% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 6.4% 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 | |
|---|---|---|---|---|---|
| FOCUS Focus Dynamics Group Berhad | RM0.025 | 66.7% +RM63.7m | -37.5% | PS4.9x | |
| BJLAND Berjaya Land Berhad | RM0.23 | 4.5% +RM49.2m | 0% | PS0.2x | |
| MBRIGHT Meta Bright Group Berhad | RM0.13 | 13.6% +RM29.2m | 38.9% | PE59.8x | |
| BJFOOD Berjaya Food Berhad | RM1.03 | 1.0% +RM17.5m | 169.6% | PE12.2x | |
| OVERSEA Oversea Enterprise Berhad | RM0.10 | 17.6% +RM17.0m | -9.1% | PS3.1x |