PPB Group Berhad's (KLSE:PPB) Earnings Are Not Doing Enough For Some Investors
Jul 23
Malaysian (KLSE) Consumer Staples Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies109
- 7D-0.6%
- 3M-2.1%
- 1Y1.0%
- YTD5.8%
Last week, the Consumer Staples industry hasn't moved much but United Plantations Berhad is up 3.6% in that time. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 9.9% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | RM 254.4b | RM 182.2b | RM 13.0b | 15.5x | 19.5x | 1.4x |
| Sun, 23 Jun 2024 | RM 250.0b | RM 180.7b | RM 12.8b | 15.2x | 19.5x | 1.4x |
| Tue, 21 May 2024 | RM 261.3b | RM 180.0b | RM 12.1b | 16.1x | 21.5x | 1.5x |
| Thu, 18 Apr 2024 | RM 251.6b | RM 179.3b | RM 11.9b | 15.2x | 21.2x | 1.4x |
| Sat, 16 Mar 2024 | RM 246.0b | RM 180.4b | RM 11.8b | 14.5x | 20.8x | 1.4x |
| Mon, 12 Feb 2024 | RM 243.6b | RM 183.7b | RM 12.6b | 14.1x | 19.4x | 1.3x |
| Wed, 10 Jan 2024 | RM 245.2b | RM 183.9b | RM 12.7b | 14.5x | 19.3x | 1.3x |
| Fri, 08 Dec 2023 | RM 238.7b | RM 183.9b | RM 12.7b | 14.2x | 18.8x | 1.3x |
| Sun, 05 Nov 2023 | RM 242.6b | RM 188.1b | RM 12.6b | 14.8x | 19.3x | 1.3x |
| Tue, 03 Oct 2023 | RM 240.6b | RM 188.0b | RM 12.6b | 14.3x | 19.1x | 1.3x |
| Thu, 31 Aug 2023 | RM 243.5b | RM 188.8b | RM 12.7b | 14.5x | 19.1x | 1.3x |
| Sat, 29 Jul 2023 | RM 249.5b | RM 198.4b | RM 15.6b | 13.5x | 16x | 1.3x |
| Mon, 26 Jun 2023 | RM 240.2b | RM 198.5b | RM 15.6b | 12.8x | 15.4x | 1.2x |
| Wed, 24 May 2023 | RM 249.2b | RM 203.0b | RM 17.8b | 12x | 14x | 1.2x |
| Fri, 21 Apr 2023 | RM 244.3b | RM 202.8b | RM 18.0b | 11.8x | 13.6x | 1.2x |
| Sun, 19 Mar 2023 | RM 244.0b | RM 204.6b | RM 18.0b | 12.2x | 13.5x | 1.2x |
| Tue, 14 Feb 2023 | RM 246.6b | RM 200.2b | RM 18.7b | 12.6x | 13.2x | 1.2x |
| Thu, 12 Jan 2023 | RM 244.4b | RM 198.4b | RM 18.6b | 11.9x | 13.1x | 1.2x |
| Sat, 10 Dec 2022 | RM 237.6b | RM 196.0b | RM 18.2b | 11.8x | 13x | 1.2x |
| Mon, 07 Nov 2022 | RM 232.5b | RM 189.1b | RM 18.2b | 11.6x | 12.8x | 1.2x |
| Wed, 05 Oct 2022 | RM 225.5b | RM 188.3b | RM 18.2b | 11.2x | 12.4x | 1.2x |
| Fri, 02 Sep 2022 | RM 237.2b | RM 187.9b | RM 18.2b | 11.6x | 13x | 1.3x |
| Sun, 31 Jul 2022 | RM 236.3b | RM 176.2b | RM 17.0b | 12.5x | 13.9x | 1.3x |
| Tue, 28 Jun 2022 | RM 231.9b | RM 175.3b | RM 16.8b | 12.7x | 13.8x | 1.3x |
| Thu, 26 May 2022 | RM 253.7b | RM 170.9b | RM 16.4b | 15.6x | 15.5x | 1.5x |
| Sat, 23 Apr 2022 | RM 264.2b | RM 164.7b | RM 15.5b | 16.4x | 17.1x | 1.6x |
| Mon, 21 Mar 2022 | RM 249.3b | RM 166.3b | RM 15.6b | 16x | 16x | 1.5x |
| Wed, 16 Feb 2022 | RM 246.9b | RM 154.0b | RM 14.0b | 15.4x | 17.7x | 1.6x |
| Fri, 14 Jan 2022 | RM 233.8b | RM 152.0b | RM 14.0b | 14.2x | 16.7x | 1.5x |
| Sun, 12 Dec 2021 | RM 226.0b | RM 151.6b | RM 14.0b | 15x | 16.2x | 1.5x |
| Tue, 09 Nov 2021 | RM 237.9b | RM 143.0b | RM 12.7b | 14.9x | 18.8x | 1.7x |
| Thu, 07 Oct 2021 | RM 243.4b | RM 142.9b | RM 12.7b | 14.9x | 19.2x | 1.7x |
| Sat, 04 Sep 2021 | RM 241.7b | RM 142.6b | RM 12.7b | 16.8x | 19.1x | 1.7x |
| Mon, 02 Aug 2021 | RM 226.4b | RM 142.6b | RM 12.7b | 15.9x | 17.8x | 1.6x |
Price to Earnings Ratio
17.8x
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 19.5x which is higher than its 3-year average PE of 16.7x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
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 8.5% 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 | -1.65% | |
| Consumer Staples | -0.62% | |
| Tobacco | 0.72% | |
| Personal Products | -0.43% | |
| Food | -0.45% | |
| Food and Staples Retail | -1.34% | |
| Beverage | -2.04% | |
| Household Products | -2.52% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry, which is trading close to its 3-year average PE ratio of 31.1x.
- Analysts are expecting annual earnings growth of 30.5%, which is higher than its past year's earnings growth of 4.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 102% over the next 5 years.
- In contrast, the Tobacco industry is expected to see its earnings grow by 2.3% 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 25.90 | 3.6% +RM 373.3m | 62.5% | PE14.2x | |
| F&N Fraser & Neave Holdings Bhd | RM 30.32 | 1.1% +RM 117.4m | 21.3% | PE19.4x | |
| SOP Sarawak Oil Palms Berhad | RM 2.97 | 2.8% +RM 71.3m | 15.1% | PE7.9x | |
| KRETAM Kretam Holdings Berhad | RM 0.60 | 3.4% +RM 45.9m | -0.8% | PE13.8x | |
| HUPSENG Hup Seng Industries Berhad | RM 1.15 | 4.5% +RM 40.0m | 72.9% | PE18.6x |
