Magni-Tech Industries Berhad (KLSE:MAGNI) Will Want To Turn Around Its Return Trends
Dec 17
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Malaysian (KLSE) Luxury Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies14
- 7D-6.2%
- 3M-6.7%
- 1Y-6.1%
- YTD-7.2%
Over the last 7 days, the Luxury industry has dropped 5.6%, driven by Magni-Tech Industries Berhad declining 14%. Meanwhile, Zhulian Corporation Berhad actually outperformed within the industry, gaining 5.7% in the last week. The industry has fallen 5.9% in the last year. Looking forward, earnings are forecast to grow by 1.9% annually.
Industry Valuation and Performance
Has the Malaysian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | RM 2.9b | RM 5.1b | RM 196.7m | 14.5x | 14.5x | 0.6x |
| Mon, 18 Nov 2024 | RM 2.9b | RM 5.1b | RM 136.8m | 10.5x | 21.3x | 0.6x |
| Wed, 16 Oct 2024 | RM 3.0b | RM 5.0b | RM 139.1m | 11.1x | 21.3x | 0.6x |
| Fri, 13 Sep 2024 | RM 2.9b | RM 5.0b | RM 145.8m | 10.9x | 20.1x | 0.6x |
| Sun, 11 Aug 2024 | RM 2.9b | RM 4.9b | RM 120.4m | 14.6x | 24.2x | 0.6x |
| Tue, 09 Jul 2024 | RM 3.1b | RM 4.9b | RM 123.3m | 14.9x | 25.3x | 0.6x |
| Thu, 06 Jun 2024 | RM 3.0b | RM 4.7b | RM 73.8m | 14.5x | 40.2x | 0.6x |
| Sat, 04 May 2024 | RM 2.9b | RM 4.8b | RM 45.5m | 11.6x | 64.1x | 0.6x |
| Mon, 01 Apr 2024 | RM 2.9b | RM 4.8b | RM 46.0m | 11.6x | 62.5x | 0.6x |
| Wed, 28 Feb 2024 | RM 2.7b | RM 4.6b | RM 73.6m | 10.9x | 37x | 0.6x |
| Fri, 26 Jan 2024 | RM 2.9b | RM 4.6b | RM 44.4m | 10.1x | 66x | 0.6x |
| Sun, 24 Dec 2023 | RM 3.0b | RM 4.6b | RM 56.8m | 8.1x | 52.5x | 0.6x |
| Tue, 21 Nov 2023 | RM 3.1b | RM 4.8b | RM 198.5m | 9.2x | 15.5x | 0.6x |
| Thu, 19 Oct 2023 | RM 3.0b | RM 4.8b | RM 199.9m | 8.9x | 15.1x | 0.6x |
| Sat, 16 Sep 2023 | RM 3.1b | RM 4.9b | RM 233.8m | 9.2x | 13.2x | 0.6x |
| Mon, 14 Aug 2023 | RM 3.1b | RM 5.0b | RM 200.3m | 8.8x | 15.3x | 0.6x |
| Wed, 12 Jul 2023 | RM 3.1b | RM 5.0b | RM 204.2m | 8.5x | 15.2x | 0.6x |
| Fri, 09 Jun 2023 | RM 3.1b | RM 5.0b | RM 204.4m | 8.2x | 15x | 0.6x |
| Sun, 07 May 2023 | RM 3.1b | RM 4.9b | RM 219.6m | 8x | 14x | 0.6x |
| Tue, 04 Apr 2023 | RM 3.1b | RM 5.0b | RM 228.3m | 7.9x | 13.4x | 0.6x |
| Thu, 02 Mar 2023 | RM 3.0b | RM 5.0b | RM 172.8m | 8.3x | 17.5x | 0.6x |
| Sat, 28 Jan 2023 | RM 3.3b | RM 5.0b | RM 184.0m | 11.1x | 17.7x | 0.6x |
| Mon, 26 Dec 2022 | RM 3.1b | RM 5.0b | RM 185.1m | 13.4x | 16.8x | 0.6x |
| Wed, 23 Nov 2022 | RM 2.9b | RM 4.6b | RM 153.8m | 11.5x | 19x | 0.6x |
| Fri, 21 Oct 2022 | RM 2.9b | RM 4.6b | RM 155.2m | 11.3x | 18.5x | 0.6x |
| Sun, 18 Sep 2022 | RM 3.0b | RM 4.3b | RM 98.8m | 11.5x | 30.4x | 0.7x |
| Tue, 16 Aug 2022 | RM 3.1b | RM 4.2b | RM 134.6m | 12.6x | 22.9x | 0.7x |
| Thu, 14 Jul 2022 | RM 3.0b | RM 4.2b | RM 134.7m | 10.8x | 22.3x | 0.7x |
| Sat, 11 Jun 2022 | RM 3.2b | RM 3.9b | RM 129.3m | 12.5x | 24.9x | 0.8x |
| Mon, 09 May 2022 | RM 3.4b | RM 4.0b | RM 139.1m | 11.3x | 24.7x | 0.9x |
| Wed, 06 Apr 2022 | RM 3.5b | RM 4.1b | RM 127.2m | 11.9x | 27.8x | 0.9x |
| Fri, 04 Mar 2022 | RM 3.4b | RM 4.0b | RM 132.5m | 15.6x | 25.7x | 0.8x |
| Sun, 30 Jan 2022 | RM 3.3b | RM 4.2b | RM 66.7m | 11.9x | 49.2x | 0.8x |
| Tue, 28 Dec 2021 | RM 3.3b | RM 4.4b | RM 71.4m | 11.8x | 45.7x | 0.7x |
Price to Earnings Ratio
45.7x
Current Industry PE
- Investors are pessimistic on the Malaysian Luxury 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 14.6x which is lower than its 3-year average PE of 28.0x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 4.8% 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 Consumer Discretionary industry?
| MY Market | -0.98% | |
| Consumer Discretionary | -1.00% | |
| Luxury | -6.24% | |
| Footwear | -3.81% | |
| Textiles | -4.03% | |
| Apparel, Accessories and Luxury Goods | -6.51% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 13.6x.
- Analysts are expecting annual earnings growth of 1.9%, which is lower than the prior year's growth of 27.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 1.9% over the next 5 years.
- In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| ZHULIAN Zhulian Corporation Berhad | RM 1.11 | 5.7% +RM 27.6m | -27.9% | PE21.8x |
