Malaysian (KLSE) Consumer Staples Sector Analysis

Sector Valuation and Performance

Has the Malaysian Consumer Staples Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 18 Jul 2026	RM 308.1b	RM 200.5b	RM 11.5b	11.8x	26.7x	1.5x
Mon, 15 Jun 2026	RM 288.5b	RM 200.0b	RM 11.5b	12.1x	25.1x	1.4x
Wed, 13 May 2026	RM 295.8b	RM 201.8b	RM 11.6b	12.5x	25.6x	1.5x
Fri, 10 Apr 2026	RM 300.0b	RM 203.0b	RM 11.7b	12.1x	25.7x	1.5x
Sun, 08 Mar 2026	RM 293.1b	RM 203.1b	RM 11.7b	11.9x	25.1x	1.4x
Tue, 03 Feb 2026	RM 304.6b	RM 200.2b	RM 16.1b	13.5x	19x	1.5x
Thu, 01 Jan 2026	RM 300.1b	RM 200.2b	RM 16.0b	13.3x	18.7x	1.5x
Sat, 29 Nov 2025	RM 289.9b	RM 199.2b	RM 15.9b	13x	18.3x	1.5x
Mon, 27 Oct 2025	RM 285.6b	RM 196.2b	RM 16.1b	13.6x	17.8x	1.5x
Wed, 24 Sep 2025	RM 270.5b	RM 196.1b	RM 16.0b	13.7x	16.9x	1.4x
Fri, 22 Aug 2025	RM 267.3b	RM 214.5b	RM 16.2b	13.2x	16.5x	1.2x
Sun, 20 Jul 2025	RM 261.7b	RM 213.2b	RM 16.0b	13.1x	16.4x	1.2x
Tue, 17 Jun 2025	RM 262.6b	RM 213.4b	RM 16.0b	12.4x	16.4x	1.2x
Thu, 15 May 2025	RM 264.1b	RM 205.1b	RM 15.8b	12.1x	16.7x	1.3x
Sat, 12 Apr 2025	RM 249.1b	RM 204.6b	RM 15.4b	11.8x	16.1x	1.2x
Mon, 10 Mar 2025	RM 258.1b	RM 205.8b	RM 15.5b	12.1x	16.7x	1.3x
Wed, 05 Feb 2025	RM 263.4b	RM 199.1b	RM 14.4b	13.2x	18.2x	1.3x
Fri, 03 Jan 2025	RM 275.4b	RM 199.0b	RM 14.4b	13.8x	19.1x	1.4x
Sun, 01 Dec 2024	RM 272.4b	RM 198.9b	RM 14.4b	13.9x	18.9x	1.4x
Tue, 29 Oct 2024	RM 271.7b	RM 317.6b	RM 13.5b	14.3x	20.1x	0.9x
Thu, 26 Sep 2024	RM 270.0b	RM 194.7b	RM 14.4b	13.9x	18.7x	1.4x
Sat, 24 Aug 2024	RM 248.6b	RM 183.5b	RM 13.3b	14.5x	18.7x	1.4x
Mon, 22 Jul 2024	RM 257.7b	RM 182.2b	RM 13.0b	15.8x	19.8x	1.4x
Wed, 19 Jun 2024	RM 250.2b	RM 180.5b	RM 12.8b	15.2x	19.6x	1.4x
Fri, 17 May 2024	RM 260.0b	RM 180.1b	RM 12.1b	15.8x	21.5x	1.4x
Sun, 14 Apr 2024	RM 255.0b	RM 179.3b	RM 11.9b	15.5x	21.5x	1.4x
Tue, 12 Mar 2024	RM 246.5b	RM 180.4b	RM 11.8b	14.9x	20.8x	1.4x
Thu, 08 Feb 2024	RM 242.8b	RM 183.7b	RM 12.5b	14.1x	19.4x	1.3x
Sat, 06 Jan 2024	RM 243.4b	RM 183.9b	RM 12.7b	14.2x	19.2x	1.3x
Mon, 04 Dec 2023	RM 241.0b	RM 183.9b	RM 12.7b	14.1x	19x	1.3x
Wed, 01 Nov 2023	RM 241.1b	RM 188.2b	RM 12.6b	14.5x	19.1x	1.3x
Fri, 29 Sep 2023	RM 242.1b	RM 188.0b	RM 12.6b	14.4x	19.2x	1.3x
Sun, 27 Aug 2023	RM 244.2b	RM 192.1b	RM 13.6b	14.7x	17.9x	1.3x
Tue, 25 Jul 2023	RM 249.1b	RM 198.4b	RM 15.6b	13.1x	16x	1.3x

Current Industry PE

Investors are optimistic on the Malaysian Consumer Staples industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 26.7x which is higher than its 3-year average PE of 19.3x.

The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Consumer Staples industry have declined 9.6% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Malaysian Consumer Staples sector?


MY Market	1.08%
Consumer Staples	1.72%
Food	2.49%
Personal Products	2.37%
Household Products	0.39%
Food and Staples Retail	-0.31%
Tobacco	-0.40%
Beverage	-1.58%

Industry PE

Investors are most optimistic about the Food and Staples Retail industry which is trading above its 3-year average PE ratio of 34.7x.

Analysts are expecting annual earnings growth of 13.8%, which is higher than its past year's earnings growth of 7.3% per year.

Forecasted Growth

Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 28% over the next 5 years.
This is better than its past earnings growth rate of 13% per year.

In contrast, the Food industry is expected to see its earnings grow by 10% 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
SDG SD Guthrie Berhad	RM 6.75	8.2% +RM 3.5b	41.5%	PE18.7x
IOICORP IOI Corporation Berhad	RM 4.58	1.6% +RM 440.0m	20.5%	PE17.8x
NESTLE Nestlé (Malaysia) Berhad	RM 93.44	1.8% +RM 384.6m	23.4%	PE39.4x
JPG Johor Plantations Group Berhad	RM 2.00	7.0% +RM 325.0m	61.3%	PE15.7x
UTDPLT United Plantations Berhad	RM 34.60	1.0% +RM 211.5m	60.0%	PE26.2x

Company

Last Price

Valuation

SDG SD Guthrie Berhad

RM 6.75

8.2%
+RM 3.5b

41.5%

PE18.7x

IOICORP IOI Corporation Berhad

RM 4.58

1.6%
+RM 440.0m

20.5%

PE17.8x

NESTLE Nestlé (Malaysia) Berhad

RM 93.44

1.8%
+RM 384.6m

23.4%

PE39.4x

JPG Johor Plantations Group Berhad

RM 2.00

7.0%
+RM 325.0m

61.3%

PE15.7x

UTDPLT United Plantations Berhad

RM 34.60

1.0%
+RM 211.5m

60.0%

PE26.2x

HEINEKEN Malaysia Berhad Announces Board Changes, Effective August 15, 2026

HEINEKEN Malaysia Berhad announced that Datuk Iain John Lo will be appointed as Chairman of the Board, succeeding Dato' Sri Idris Jala, effective 15 August 2026. Dato' Sri Idris will relinquish his role as Chairman and Director in accordance with best practices under the Malaysian Code on Corporate Governance (MCCG) framework issued by the Securities Commission of Malaysia, which advocates a nine-year tenure limit for independent directors. Dato' Sri Idris will continue to support the Group as Advisor effective 15 August 2026. The Board and Management recorded their sincere appreciation to Dato' Sri Idris for his leadership and significant contributions over the past nine years. Since joining the Board in January 2017, he has provided strong stewardship and guidance, helping to navigate the Group through a period of transformation and resilience, including the challenges of the COVID-19 pandemic. Under his chairmanship, the Board oversaw key strategic priorities, including digital transformation, strengthening route-to-consumer capabilities, and major brewery upgrades. Datuk Iain John Lo is a seasoned Malaysian corporate leader with over three decades of experience across the energy, banking, and telecommunications sectors. Datuk Iain John Lo, 64, is a distinguished Malaysian corporate leader with extensive experience across the energy, banking and telecommunications sectors. He brings with him a wealth of leadership experience and valuable perspectives that will further strengthen the Board. He spent more than 30 years with Shell, culminating in his role as Country Chairman of Shell Malaysia Limited from 2012 until his retirement in March 2021. During his tenure, he held a broad range of leadership roles across the exploration and production, gas and downstream businesses in Malaysia and internationally. He also served as Chairman of Shell Refining Company (Federation of Malaya) Berhad until the company was sold in 2016. He currently serves as a Member of the Board of Guardians of the Sarawak Sovereign Wealth Future Fund. He is also an Independent Non-Executive Director of RHB Bank Berhad and RHB Investment Bank Berhad, and a board member of Sepang International Circuit Sdn Bhd. Datuk Iain holds a Bachelor and a Master of Science in Civil Engineering from the University of California, Los Angeles.

Malaysian (KLSE) Consumer Staples Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Now 21% overvalued after recent price rise

Now 21% overvalued after recent price rise

Dividend of RM0.24 announced

HEINEKEN Malaysia Berhad Announces Board Changes, Effective August 15, 2026

Upcoming dividend of RM0.01 per share

99 Speed Mart Retail Holdings Berhad Announces Cessation of Miss Nirmalah A/P V. Thurai as Member of Risk Management Committee, Effective July 1, 2026

SD Guthrie Berhad Announces Appointment of Dr Tomas Koch to Independent and Non Executive Director, Effective June 16, 2026

New minor risk - Dividend sustainability

Now 21% undervalued after recent price drop

Some Investors May Be Willing To Look Past Hap Seng Plantations Holdings Berhad's (KLSE:HSPLANT) Soft Earnings

Insufficient new directors

Full year 2026 earnings released: EPS: RM0.12 (vs RM0.13 in FY 2025)

Genting Plantations Berhad's (KLSE:GENP) Earnings Offer More Than Meets The Eye

First quarter 2026 earnings released: EPS: RM0.034 (vs RM0.028 in 1Q 2025)

First quarter dividend of RM0.01 announced

Third quarter 2026 earnings released: EPS: RM0.012 (vs RM0.011 in 3Q 2025)