Malaysian (KLSE) Food Industry Analysis

Industry Valuation and Performance

Has the Malaysian Food Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 11 Jun 2026	RM 220.1b	RM 159.0b	RM 8.7b	10.7x	25.2x	1.4x
Sat, 09 May 2026	RM 225.2b	RM 161.1b	RM 8.8b	11x	25.7x	1.4x
Mon, 06 Apr 2026	RM 230.8b	RM 161.0b	RM 8.8b	10.7x	26.3x	1.4x
Wed, 04 Mar 2026	RM 216.4b	RM 160.9b	RM 8.8b	10.6x	24.5x	1.3x
Fri, 30 Jan 2026	RM 223.5b	RM 159.9b	RM 13.3b	10.9x	16.8x	1.4x
Sun, 28 Dec 2025	RM 221.0b	RM 159.9b	RM 13.3b	10.6x	16.7x	1.4x
Tue, 25 Nov 2025	RM 220.3b	RM 158.0b	RM 13.7b	12.1x	16.1x	1.4x
Thu, 23 Oct 2025	RM 213.1b	RM 156.2b	RM 13.3b	11.6x	16x	1.4x
Sat, 20 Sep 2025	RM 205.3b	RM 156.2b	RM 13.3b	11.7x	15.4x	1.3x
Mon, 18 Aug 2025	RM 201.3b	RM 174.7b	RM 13.4b	11.3x	15x	1.2x
Wed, 16 Jul 2025	RM 199.8b	RM 174.2b	RM 13.2b	11.5x	15.2x	1.1x
Fri, 13 Jun 2025	RM 198.1b	RM 174.4b	RM 13.2b	10.7x	15x	1.1x
Sun, 11 May 2025	RM 204.7b	RM 169.1b	RM 13.2b	11.2x	15.5x	1.2x
Tue, 08 Apr 2025	RM 195.2b	RM 168.5b	RM 12.8b	10.2x	15.2x	1.2x
Thu, 06 Mar 2025	RM 205.0b	RM 173.7b	RM 13.3b	10.5x	15.4x	1.2x
Sat, 01 Feb 2025	RM 206.8b	RM 164.3b	RM 12.0b	11.6x	17.3x	1.3x
Mon, 30 Dec 2024	RM 214.5b	RM 164.2b	RM 11.9b	11.8x	18x	1.3x
Wed, 27 Nov 2024	RM 213.5b	RM 161.3b	RM 11.6b	13.4x	18.4x	1.3x
Fri, 25 Oct 2024	RM 212.6b	RM 160.7b	RM 12.0b	13.3x	17.7x	1.3x
Sun, 22 Sep 2024	RM 211.4b	RM 160.5b	RM 12.0b	13x	17.6x	1.3x
Tue, 20 Aug 2024	RM 211.6b	RM 157.0b	RM 11.0b	13.7x	19.3x	1.3x
Thu, 18 Jul 2024	RM 215.8b	RM 157.1b	RM 11.0b	14.5x	19.6x	1.4x
Sat, 15 Jun 2024	RM 210.3b	RM 155.5b	RM 10.8b	14.3x	19.5x	1.4x
Mon, 13 May 2024	RM 218.8b	RM 155.3b	RM 10.1b	14.9x	21.7x	1.4x
Wed, 10 Apr 2024	RM 216.9b	RM 155.0b	RM 10.0b	14.8x	21.6x	1.4x
Fri, 08 Mar 2024	RM 207.7b	RM 154.8b	RM 10.0b	14.2x	20.8x	1.3x
Sun, 04 Feb 2024	RM 208.9b	RM 158.1b	RM 10.8b	13.5x	19.4x	1.3x
Tue, 02 Jan 2024	RM 204.7b	RM 158.2b	RM 10.8b	13.2x	19x	1.3x
Thu, 30 Nov 2023	RM 204.6b	RM 161.0b	RM 11.0b	12.9x	18.6x	1.3x
Sat, 28 Oct 2023	RM 205.0b	RM 162.4b	RM 10.7b	13.2x	19.1x	1.3x
Mon, 25 Sep 2023	RM 206.1b	RM 162.6b	RM 10.7b	13.5x	19.2x	1.3x
Wed, 23 Aug 2023	RM 208.5b	RM 172.7b	RM 13.5b	12.8x	15.4x	1.2x
Fri, 21 Jul 2023	RM 206.7b	RM 173.0b	RM 13.7b	11.7x	15.1x	1.2x
Sun, 18 Jun 2023	RM 201.9b	RM 176.3b	RM 13.7b	11.5x	14.7x	1.1x

Current Industry PE

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

The industry is trading at a PE ratio of 25.2x which is higher than its 3-year average PE of 18.3x.

The industry is trading close to its 3-year average PS ratio of 1.3x.

Past Earnings Growth

The earnings for companies in the Food industry have declined 14% per year over the last three years,
Revenues have also declined 3.4% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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


MY Market	-0.80%
Consumer Staples	1.98%
Food	2.66%
Agricultural Products	4.06%
Packaged Foods and Meats	-0.16%

Industry PE

Investors are most optimistic about the Agricultural Products industry, which is trading close to its 3-year average PE ratio of 16.6x.

Analysts are expecting annual earnings growth of 1.4%, which is lower than the prior year's growth of 5.6% per year.

Forecasted Growth

Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 25% over the next 5 years.
This is better than its past earnings growth rate of 8.2% per year.

In contrast, the Agricultural Products industry is expected to see its earnings growth to stay flat 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
KLK Kuala Lumpur Kepong Berhad	RM 20.94	3.7% +RM 824.1m	6.6%	PE20.8x
QL QL Resources Berhad	RM 3.74	2.7% +RM 365.0m	-16.9%	PE30.3x
IOICORP IOI Corporation Berhad	RM 4.23	1.2% +RM 314.3m	17.5%	PE16.4x
UTDPLT United Plantations Berhad	RM 31.60	1.0% +RM 186.7m	45.0%	PE23.9x
KMLOONG Kim Loong Resources Berhad	RM 2.69	5.9% +RM 147.5m	20.1%	PE15.6x

Company

Last Price

Valuation

KLK Kuala Lumpur Kepong Berhad

RM 20.94

3.7%
+RM 824.1m

6.6%

PE20.8x

QL QL Resources Berhad

RM 3.74

2.7%
+RM 365.0m

-16.9%

PE30.3x

IOICORP IOI Corporation Berhad

RM 4.23

1.2%
+RM 314.3m

17.5%

PE16.4x

UTDPLT United Plantations Berhad

RM 31.60

1.0%
+RM 186.7m

45.0%

PE23.9x

KMLOONG Kim Loong Resources Berhad

RM 2.69

5.9%
+RM 147.5m

20.1%

PE15.6x

Batu Kawan Berhad (KLSE:BKAWAN) completed the acquisition of 3.3% stake in MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP) from Chen Choy & Sons Realty Sdn Bhd for MYR 21.8 million.

Batu Kawan Berhad (KLSE:BKAWAN) entered into an Unconditional share sale agreements to acquire 3.3% stake in MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP) from Chen Choy & Sons Realty Sdn Bhd for MYR 21.9 million on May 20, 2026. A cash consideration of MYR 21.9 million valued at MYR 0.6478 per share will be paid by Batu Kawan Berhad. As part of consideration, MYR 21.9 million is paid towards common equity of MKH Oil Palm (East Kalimantan) Berhad. In a related transaction, Batu Kawan Berhad entered into an Unconditional share sale agreements to acquire 29.60% stake in MKH Berhad (KLSE:MKH) from Chen Choy & Sons Realty Sdn Bhd for MYR 340 million. Concurrently, Batu Kawan Berhad entered into a Conditional share sale agreements to acquire 18.10% stake in MKH Berhad (KLSE:MKH) from a group of shareholders for approximately MYR 210 million. As at the date of the MKH Conditional SSA, MKH and its subsidiaries (“MKH Group”) collectively hold 65.3% of the voting shares in MKHOP. Upon the Proposed Mandatory Take-over Offer (MO) becoming unconditional as to acceptances, the Offeror will be obliged to undertake the MO for all the remaining voting shares in MKHOP not already owned by the Offeror, the Ultimate Offeror and the PACs as MKHOP constitutes a significant downstream company of MKH. The SSAs for the Acquisitions are not subject to any conditions precedent and are unconditional as at the date. The Acquisitions will be effected by way of direct business transactions which will take place within 30 days from the date of the Acquisitions SSAs. Maybank Investment Bank Berhad acted as financial advisor for Batu Kawan Berhad. Batu Kawan Berhad (KLSE:BKAWAN) completed the acquisition of 3.3% stake in MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP) from Chen Choy & Sons Realty Sdn Bhd for MYR 21.8 million on May 20, 2026. As part of consideration Batu Kawan Berhad paid MYR 0.648 per MKH Oil Palm (East Kalimantan) Berhad, since the offer price per share has been revised.

Malaysian (KLSE) Food Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Upcoming dividend of RM0.015 per share

Now 20% overvalued after recent price rise

PPB Group Berhad Announces Appointment of Mr. Goon Kin Wai @ Jeremy Ruan Jianwei as Non-Independent Director, Effective June 4, 2026

Insufficient new directors

Insufficient new directors

First quarter 2026 earnings released: EPS: RM0.093 (vs RM0.12 in 1Q 2025)

Batu Kawan Berhad (KLSE:BKAWAN) completed the acquisition of 3.3% stake in MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP) from Chen Choy & Sons Realty Sdn Bhd for MYR 21.8 million.

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

Kim Loong Resources Berhad, Annual General Meeting, Jul 16, 2026

Farm Fresh Berhad Just Missed Earnings - But Analysts Have Updated Their Models

TSH Resources Berhad's (KLSE:TSH) Conservative Accounting Might Explain Soft Earnings

First quarter dividend reduced to RM0.04

First half dividend of RM0.20 announced

First quarter dividend of RM0.01 announced

Investors Shouldn't Be Too Comfortable With SD Guthrie Berhad's (KLSE:SDG) Earnings

First quarter 2026 earnings released: EPS: RM0.26 (vs RM0.26 in 1Q 2025)