PPB Group Berhad's (KLSE:PPB) Soft Earnings Don't Show The Whole Picture
Dec 05
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Consumer Staples Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies112
- 7D-1.7%
- 3M1.9%
- 1Y2.6%
- YTD5.6%
Over the last 7 days, the Consumer Staples industry has dropped 1.7%, driven by SD Guthrie Berhad declining 2.8%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 9.0% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | RM 270.9b | RM 199.0b | RM 14.4b | 13.6x | 18.8x | 1.4x |
| Tue, 19 Nov 2024 | RM 276.7b | RM 194.8b | RM 14.5b | 15x | 19.1x | 1.4x |
| Thu, 17 Oct 2024 | RM 272.9b | RM 194.9b | RM 14.5b | 14.2x | 18.9x | 1.4x |
| Sat, 14 Sep 2024 | RM 263.2b | RM 194.7b | RM 14.4b | 13.8x | 18.2x | 1.4x |
| Mon, 12 Aug 2024 | RM 248.8b | RM 182.0b | RM 13.0b | 15.1x | 19.2x | 1.4x |
| Wed, 10 Jul 2024 | RM 250.0b | RM 182.2b | RM 13.0b | 15.3x | 19.2x | 1.4x |
| Fri, 07 Jun 2024 | RM 252.7b | RM 180.5b | RM 12.8b | 15.3x | 19.8x | 1.4x |
| Sun, 05 May 2024 | RM 257.7b | RM 179.8b | RM 12.0b | 15.4x | 21.4x | 1.4x |
| Tue, 02 Apr 2024 | RM 248.8b | RM 180.4b | RM 11.9b | 15.4x | 21x | 1.4x |
| Thu, 29 Feb 2024 | RM 244.6b | RM 181.0b | RM 11.8b | 14.8x | 20.8x | 1.4x |
| Sat, 27 Jan 2024 | RM 246.6b | RM 183.7b | RM 12.7b | 14x | 19.4x | 1.3x |
| Mon, 25 Dec 2023 | RM 244.1b | RM 183.8b | RM 12.7b | 14.1x | 19.2x | 1.3x |
| Wed, 22 Nov 2023 | RM 242.7b | RM 188.7b | RM 12.7b | 14.7x | 19.2x | 1.3x |
| Fri, 20 Oct 2023 | RM 242.8b | RM 188.0b | RM 12.6b | 14.5x | 19.3x | 1.3x |
| Sun, 17 Sep 2023 | RM 245.5b | RM 188.4b | RM 12.6b | 14.1x | 19.4x | 1.3x |
| Tue, 15 Aug 2023 | RM 247.9b | RM 198.6b | RM 15.5b | 13.3x | 16x | 1.2x |
| Thu, 13 Jul 2023 | RM 242.9b | RM 198.4b | RM 15.6b | 12.5x | 15.6x | 1.2x |
| Sat, 10 Jun 2023 | RM 239.7b | RM 201.7b | RM 15.7b | 12.5x | 15.3x | 1.2x |
| Mon, 08 May 2023 | RM 244.6b | RM 202.9b | RM 18.0b | 12.1x | 13.6x | 1.2x |
| Wed, 05 Apr 2023 | RM 243.0b | RM 204.5b | RM 18.0b | 12.1x | 13.5x | 1.2x |
| Fri, 03 Mar 2023 | RM 245.0b | RM 200.2b | RM 18.0b | 12.3x | 13.6x | 1.2x |
| Sun, 29 Jan 2023 | RM 245.5b | RM 198.6b | RM 18.6b | 12.5x | 13.2x | 1.2x |
| Tue, 27 Dec 2022 | RM 239.6b | RM 196.0b | RM 18.2b | 12x | 13.2x | 1.2x |
| Thu, 24 Nov 2022 | RM 234.3b | RM 192.4b | RM 18.1b | 12.1x | 13x | 1.2x |
| Sat, 22 Oct 2022 | RM 233.0b | RM 188.7b | RM 18.3b | 11.2x | 12.8x | 1.2x |
| Mon, 19 Sep 2022 | RM 234.2b | RM 187.9b | RM 18.2b | 11.7x | 12.8x | 1.2x |
| Wed, 17 Aug 2022 | RM 243.0b | RM 176.6b | RM 17.1b | 12.6x | 14.2x | 1.4x |
| Fri, 15 Jul 2022 | RM 228.8b | RM 175.6b | RM 16.9b | 12.1x | 13.5x | 1.3x |
| Sun, 12 Jun 2022 | RM 244.1b | RM 175.2b | RM 16.8b | 13.3x | 14.5x | 1.4x |
| Tue, 10 May 2022 | RM 254.9b | RM 165.2b | RM 15.5b | 16.1x | 16.5x | 1.5x |
| Thu, 07 Apr 2022 | RM 260.1b | RM 164.7b | RM 15.5b | 16.5x | 16.8x | 1.6x |
| Sat, 05 Mar 2022 | RM 262.0b | RM 166.2b | RM 15.7b | 15.9x | 16.7x | 1.6x |
| Mon, 31 Jan 2022 | RM 228.8b | RM 152.2b | RM 14.0b | 14.1x | 16.3x | 1.5x |
| Wed, 29 Dec 2021 | RM 228.3b | RM 151.6b | RM 14.0b | 14.8x | 16.3x | 1.5x |
Price to Earnings Ratio
16.3x
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 18.8x which is higher than its 3-year average PE of 16.8x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Staples sector?
| MY Market | -0.98% | |
| Consumer Staples | -1.71% | |
| Beverage | 0.49% | |
| Tobacco | 0.27% | |
| Personal Products | -0.90% | |
| Food and Staples Retail | -1.84% | |
| Food | -1.98% | |
| Household Products | -3.40% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry which is trading above its 3-year average PE ratio of 29.5x.
- Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings growth of 5.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Tobacco industry is expected to see its earnings decline by 2.8% 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 | |
|---|---|---|---|---|---|
| UTDPLT United Plantations Berhad | RM 31.82 | 1.5% +RM 190.8m | 76.2% | PE18x | |
| KLK Kuala Lumpur Kepong Berhad | RM 21.50 | 0.5% +RM 109.6m | -1.7% | PE39.9x | |
| HEIM Heineken Malaysia Berhad | RM 24.10 | 1.3% +RM 96.7m | -0.6% | PE17.1x | |
| FFB Farm Fresh Berhad | RM 1.82 | 1.7% +RM 56.2m | 37.9% | PE35.3x | |
| CARLSBG Carlsberg Brewery Malaysia Berhad | RM 20.74 | 0.4% +RM 24.5m | 5.7% | PE18.9x |
