New Forecasts: Here's What Analysts Think The Future Holds For Guan Chong Berhad (KLSE:GCB)
Apr 24
Malaysian (KLSE) Consumer Staples Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies101
- 7D0.8%
- 3M4.6%
- 1Y2.9%
- YTD7.5%
Over the last 7 days, the Consumer Staples industry has remained flat. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 10% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | RM254.1b | RM179.3b | RM11.9b | 15.2x | 21.4x | 1.4x |
| Sat, 23 Mar 2024 | RM248.0b | RM180.4b | RM11.9b | 14.7x | 20.9x | 1.4x |
| Mon, 19 Feb 2024 | RM245.4b | RM183.7b | RM12.6b | 14.6x | 19.6x | 1.3x |
| Wed, 17 Jan 2024 | RM247.1b | RM183.9b | RM12.7b | 14.3x | 19.5x | 1.3x |
| Fri, 15 Dec 2023 | RM241.3b | RM183.9b | RM12.7b | 14x | 19x | 1.3x |
| Sun, 12 Nov 2023 | RM241.0b | RM188.2b | RM12.6b | 14.3x | 19.1x | 1.3x |
| Tue, 10 Oct 2023 | RM239.0b | RM188.0b | RM12.6b | 14.2x | 19x | 1.3x |
| Thu, 07 Sep 2023 | RM242.5b | RM188.4b | RM12.6b | 14.2x | 19.2x | 1.3x |
| Sat, 05 Aug 2023 | RM248.1b | RM198.6b | RM15.5b | 13.1x | 16x | 1.2x |
| Mon, 03 Jul 2023 | RM239.5b | RM198.5b | RM15.6b | 12.6x | 15.3x | 1.2x |
| Wed, 31 May 2023 | RM242.8b | RM202.3b | RM15.9b | 13.1x | 15.3x | 1.2x |
| Fri, 28 Apr 2023 | RM244.7b | RM203.0b | RM18.0b | 12x | 13.6x | 1.2x |
| Sun, 26 Mar 2023 | RM241.2b | RM204.6b | RM18.0b | 11.8x | 13.4x | 1.2x |
| Tue, 21 Feb 2023 | RM245.8b | RM200.7b | RM18.8b | 12.8x | 13x | 1.2x |
| Thu, 19 Jan 2023 | RM244.5b | RM198.5b | RM18.6b | 12.3x | 13.1x | 1.2x |
| Sat, 17 Dec 2022 | RM244.4b | RM196.0b | RM18.2b | 12x | 13.4x | 1.2x |
| Mon, 14 Nov 2022 | RM235.7b | RM190.0b | RM18.4b | 11.7x | 12.8x | 1.2x |
| Wed, 12 Oct 2022 | RM223.1b | RM188.3b | RM18.2b | 11.2x | 12.2x | 1.2x |
| Fri, 09 Sep 2022 | RM237.1b | RM187.9b | RM18.2b | 11.6x | 13x | 1.3x |
| Sun, 07 Aug 2022 | RM239.5b | RM176.2b | RM17.0b | 12.5x | 14.1x | 1.4x |
| Tue, 05 Jul 2022 | RM231.8b | RM175.6b | RM16.9b | 12.4x | 13.7x | 1.3x |
| Thu, 02 Jun 2022 | RM250.9b | RM174.9b | RM16.9b | 14x | 14.9x | 1.4x |
| Sat, 30 Apr 2022 | RM268.3b | RM165.2b | RM15.5b | 16.4x | 17.3x | 1.6x |
| Mon, 28 Mar 2022 | RM257.4b | RM166.8b | RM15.7b | 16.5x | 16.4x | 1.5x |
| Wed, 23 Feb 2022 | RM251.4b | RM159.0b | RM14.5b | 16.4x | 17.4x | 1.6x |
| Fri, 21 Jan 2022 | RM230.3b | RM152.0b | RM14.0b | 13.8x | 16.4x | 1.5x |
| Sun, 19 Dec 2021 | RM225.7b | RM151.6b | RM14.0b | 14.7x | 16.2x | 1.5x |
| Tue, 16 Nov 2021 | RM232.5b | RM143.0b | RM12.7b | 14.9x | 18.3x | 1.6x |
| Thu, 14 Oct 2021 | RM247.6b | RM142.9b | RM12.7b | 15.1x | 19.6x | 1.7x |
| Sat, 11 Sep 2021 | RM239.0b | RM142.6b | RM12.7b | 15.4x | 18.9x | 1.7x |
| Mon, 09 Aug 2021 | RM228.2b | RM142.6b | RM12.7b | 16.6x | 18x | 1.6x |
| Sun, 02 May 2021 | RM250.1b | RM133.5b | RM10.9b | 17.9x | 22.9x | 1.9x |
Price to Earnings Ratio
22.9x
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 21.4x 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 grown 2.8% per year over the last three years.
- Revenues for these companies have grown 10% 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 Staples sector?
| MY Market | 1.56% | |
| Consumer Staples | 0.82% | |
| Beverage | 1.40% | |
| Food | 0.83% | |
| Household Products | 0.77% | |
| Food and Staples Retail | 0.39% | |
| Personal Products | -0.49% | |
| Tobacco | -2.84% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry which is trading above its 3-year average PE ratio of 32.0x.
- Analysts are expecting annual earnings growth of 33.7%, which is higher than its past year's earnings growth of 1.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 80% over the next 5 years.
- In contrast, the Tobacco industry is expected to see its earnings grow by 4.1% 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 | |
|---|---|---|---|---|---|
| NESTLE Nestlé (Malaysia) Berhad | RM126.30 | 2.7% +RM773.9m | -7.1% | PE44.9x | |
| QL QL Resources Berhad | RM6.35 | 3.3% +RM486.7m | 11.6% | PE37.5x | |
| PPB PPB Group Berhad | RM15.88 | 2.2% +RM483.7m | -4.3% | PE16.2x | |
| UTDPLT United Plantations Berhad | RM26.10 | 4.4% +RM456.3m | 55.7% | PE15.3x | |
| IOICORP IOI Corporation Berhad | RM4.05 | 1.8% +RM434.3m | 6.6% | PE28.7x |
