Why We're Not Concerned About Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Share Price
Apr 02
Malaysian (KLSE) Specialty Stores Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies20
- 7D-2.3%
- 3M0.8%
- 1Y-7.8%
- YTD0.7%
Over the last 7 days, the Specialty Stores industry has dropped 2.3%, driven by Mr D.I.Y. Group (M) Berhad declining 2.0%. Meanwhile, Kamdar Group (M) Berhad actually outperformed within the industry, gaining 16% in the last week. However, the industry is down 7.8% over the past year. Looking forward, earnings are forecast to grow by 9.6% 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | RM24.2b | RM17.2b | RM1.5b | 11.5x | 16.3x | 1.4x |
| Wed, 20 Mar 2024 | RM24.2b | RM17.1b | RM1.5b | 10.6x | 16.4x | 1.4x |
| Fri, 16 Feb 2024 | RM24.1b | RM17.2b | RM1.5b | 11.1x | 15.9x | 1.4x |
| Sun, 14 Jan 2024 | RM24.7b | RM18.4b | RM1.5b | 12.5x | 16x | 1.3x |
| Tue, 12 Dec 2023 | RM24.8b | RM18.2b | RM1.5b | 12x | 16.4x | 1.4x |
| Thu, 09 Nov 2023 | RM25.7b | RM18.0b | RM1.5b | 11.4x | 17.2x | 1.4x |
| Sat, 07 Oct 2023 | RM25.3b | RM17.8b | RM1.5b | 11.6x | 17x | 1.4x |
| Mon, 04 Sep 2023 | RM25.1b | RM17.4b | RM1.4b | 11.6x | 17.5x | 1.4x |
| Wed, 02 Aug 2023 | RM24.1b | RM17.6b | RM1.5b | 11.2x | 16.4x | 1.4x |
| Fri, 30 Jun 2023 | RM24.7b | RM17.2b | RM1.4b | 10.6x | 17.2x | 1.4x |
| Sun, 28 May 2023 | RM24.9b | RM16.7b | RM1.4b | 10.6x | 17.9x | 1.5x |
| Tue, 25 Apr 2023 | RM25.7b | RM16.6b | RM1.4b | 11.2x | 18.8x | 1.5x |
| Thu, 23 Mar 2023 | RM25.1b | RM16.6b | RM1.4b | 10.4x | 18.4x | 1.5x |
| Sat, 18 Feb 2023 | RM26.1b | RM14.6b | RM1.2b | 10.7x | 21.3x | 1.8x |
| Mon, 16 Jan 2023 | RM27.4b | RM14.6b | RM1.2b | 10x | 22.4x | 1.9x |
| Wed, 14 Dec 2022 | RM28.3b | RM14.1b | RM1.2b | 10x | 24.3x | 2x |
| Fri, 11 Nov 2022 | RM27.0b | RM13.5b | RM1.0b | 11.8x | 25.9x | 2x |
| Sun, 09 Oct 2022 | RM27.1b | RM13.2b | RM1.0b | 11.6x | 26.6x | 2x |
| Tue, 06 Sep 2022 | RM28.1b | RM12.8b | RM966.9m | 13x | 29x | 2.2x |
| Thu, 04 Aug 2022 | RM29.8b | RM11.8b | RM758.1m | 15.8x | 39.3x | 2.5x |
| Sat, 02 Jul 2022 | RM27.3b | RM11.5b | RM748.8m | 15x | 36.4x | 2.4x |
| Mon, 30 May 2022 | RM30.0b | RM11.5b | RM722.3m | 21x | 41.5x | 2.6x |
| Wed, 27 Apr 2022 | RM30.5b | RM11.4b | RM690.9m | 24.5x | 44.1x | 2.7x |
| Fri, 25 Mar 2022 | RM30.5b | RM11.3b | RM690.3m | 20.6x | 44.2x | 2.7x |
| Sun, 20 Feb 2022 | RM31.9b | RM11.0b | RM629.0m | 24.9x | 50.6x | 2.9x |
| Tue, 18 Jan 2022 | RM30.1b | RM9.4b | RM540.9m | 26.3x | 55.7x | 3.2x |
| Thu, 16 Dec 2021 | RM28.2b | RM9.5b | RM533.7m | 27.1x | 52.9x | 3x |
| Sat, 13 Nov 2021 | RM29.7b | RM9.9b | RM595.3m | 19x | 49.9x | 3x |
| Mon, 11 Oct 2021 | RM30.1b | RM10.1b | RM628.6m | 19.1x | 47.9x | 3x |
| Wed, 08 Sep 2021 | RM31.2b | RM10.1b | RM594.2m | 23.2x | 52.5x | 3.1x |
| Fri, 06 Aug 2021 | RM28.5b | RM10.2b | RM593.2m | 23.2x | 48x | 2.8x |
| Mon, 10 May 2021 | RM31.8b | RM9.8b | RM544.8m | 26.9x | 58.3x | 3.3x |
Price to Earnings Ratio
58.3x
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 16.3x which is lower than its 3-year average PE of 32.1x.
- The 3-year average PS ratio of 2.2x 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 40% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -1.15% | |
| Consumer Discretionary | -2.85% | |
| Specialty Stores | -2.33% | |
| Specialty Stores | -1.81% | |
| Home Improvement Retail | -1.93% | |
| Apparel Retail | -2.63% | |
| Automotive Retail | -3.55% | |
| Computer and Electronics Retail | -5.07% | |
| Home Furnishing Retail | -8.93% | |
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 40.5x.
- Analysts are expecting annual earnings growth of 12.5%, which is lower than the prior year's growth of 29.7% per year.
- Investors are most pessimistic about the Automotive Retail industry, which is trading below its 3-year average of 16.0x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 30% per year.
- In contrast, the Automotive Retail industry is expected to see its earnings decline by 7.7% 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 | |
|---|---|---|---|---|---|
| KAMDAR Kamdar Group (M) Berhad | RM0.18 | 16.1% +RM4.9m | 0% | PS0.6x |