Estimating The Fair Value Of Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY)
Sep 08
Malaysian (KLSE) Specialty Stores Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies20
- 7D-1.3%
- 3M-2.4%
- 1Y-13.7%
- YTD-16.1%
Over the last 7 days, the Specialty Stores industry has dropped 1.1%, driven by a pullback from Mr D.I.Y. Group (M) Berhad of 2.0%. Overall the industry is down 15% in 12 months. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Malaysian Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | RM24.7b | RM17.8b | RM1.5b | 11.6x | 16.7x | 1.4x |
| Thu, 24 Aug 2023 | RM25.0b | RM17.6b | RM1.5b | 11.1x | 16.9x | 1.4x |
| Sat, 22 Jul 2023 | RM23.9b | RM17.5b | RM1.5b | 11.2x | 16.3x | 1.4x |
| Mon, 19 Jun 2023 | RM24.5b | RM17.1b | RM1.4b | 10.4x | 17.1x | 1.4x |
| Wed, 17 May 2023 | RM25.1b | RM16.8b | RM1.4b | 11x | 18x | 1.5x |
| Fri, 14 Apr 2023 | RM25.5b | RM16.6b | RM1.4b | 11x | 18.7x | 1.5x |
| Sun, 12 Mar 2023 | RM24.9b | RM14.7b | RM1.2b | 10.8x | 20.1x | 1.7x |
| Tue, 07 Feb 2023 | RM27.2b | RM14.6b | RM1.2b | 10.9x | 22.2x | 1.9x |
| Thu, 05 Jan 2023 | RM27.5b | RM14.5b | RM1.2b | 10.1x | 22.6x | 1.9x |
| Sat, 03 Dec 2022 | RM28.8b | RM13.7b | RM1.1b | 12x | 27.2x | 2.1x |
| Mon, 31 Oct 2022 | RM26.7b | RM13.3b | RM1.0b | 11.5x | 25.9x | 2x |
| Wed, 28 Sep 2022 | RM26.9b | RM13.2b | RM1.0b | 11.5x | 26.7x | 2x |
| Fri, 26 Aug 2022 | RM28.1b | RM12.1b | RM815.4m | 18.5x | 34.5x | 2.3x |
| Sun, 24 Jul 2022 | RM27.9b | RM11.7b | RM750.0m | 19.4x | 37.2x | 2.4x |
| Tue, 21 Jun 2022 | RM26.6b | RM11.7b | RM748.7m | 17.2x | 35.5x | 2.3x |
| Thu, 19 May 2022 | RM30.6b | RM11.4b | RM682.6m | 24.5x | 44.8x | 2.7x |
| Sat, 16 Apr 2022 | RM30.3b | RM11.4b | RM690.9m | 24.1x | 43.8x | 2.7x |
| Mon, 14 Mar 2022 | RM31.2b | RM11.3b | RM690.3m | 20.4x | 45.1x | 2.7x |
| Wed, 09 Feb 2022 | RM31.0b | RM10.8b | RM602.7m | 26x | 51.4x | 2.9x |
| Fri, 07 Jan 2022 | RM29.8b | RM9.4b | RM531.8m | 20.8x | 56.1x | 3.2x |
| Sun, 05 Dec 2021 | RM28.6b | RM9.5b | RM533.7m | 22.3x | 53.6x | 3x |
| Tue, 02 Nov 2021 | RM30.1b | RM10.0b | RM624.3m | 18.4x | 48.1x | 3x |
| Thu, 30 Sep 2021 | RM31.2b | RM10.1b | RM595.3m | 19.2x | 52.4x | 3.1x |
| Sat, 28 Aug 2021 | RM29.5b | RM10.2b | RM593.2m | 23.2x | 49.8x | 2.9x |
| Sun, 04 Jul 2021 | RM29.0b | RM10.2b | RM593.2m | 24.3x | 49x | 2.8x |
| Wed, 07 Apr 2021 | RM32.4b | RM9.4b | RM488.9m | 27.5x | 66.4x | 3.4x |
| Sat, 09 Jan 2021 | RM25.9b | RM9.0b | RM417.6m | 24.1x | 61.9x | 2.9x |
| Fri, 02 Oct 2020 | RM5.5b | RM6.7b | RM100.0m | 14.8x | 54.9x | 0.8x |
Price to Earnings Ratio
54.9x
Current Industry PE
- Investors are pessimistic on the Malaysian Specialty Retail 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 16.8x which is lower than its 3-year average PE of 40.3x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have grown 146% per year over the last three years.
- Revenues for these companies have grown 38% 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 | -0.19% | |
| Consumer Discretionary | 0.48% | |
| Specialty Stores | -1.29% | |
| Computer and Electronics Retail | 1.18% | |
| Automotive Retail | 1.16% | |
| Home Furnishing Retail | 0% | |
| Apparel Retail | -0.94% | |
| Specialty Stores | -1.73% | |
| Home Improvement Retail | -1.90% | |
Industry PE
- Investors are most optimistic about the Home Improvement Retail industry even though it's trading below its 3-year average PE ratio of 46.3x.
- Analysts are expecting annual earnings growth of 15.3%, which is lower than the prior year's growth of 128.3% per year.
- Investors are most pessimistic about the Automotive Retail industry, which is trading below its 3-year average of 34.9x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Automotive Retail industry is expected to see its earnings decline by 5.0% 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 | |
|---|---|---|---|---|---|
| MRDIY Mr D.I.Y. Group (M) Berhad | RM1.52 | 3.4% +RM472.1m | -23.6% | PE27.8x | |
| BAUTO Bermaz Auto Berhad | RM2.48 | 2.9% +RM81.5m | 34.8% | PE8.1x | |
| MYNEWS Mynews Holdings Berhad | RM0.55 | 5.8% +RM22.5m | 34.1% | PS0.6x | |
| SENHENG Senheng New Retail Berhad | RM0.34 | 4.5% +RM22.5m | -50.0% | PE10.7x | |
| PADINI Padini Holdings Berhad | RM3.96 | 0.3% +RM6.6m | 26.5% | PE11.7x |
