Header cover image

Malaysian (KLSE) Financials Sector Analysis

UpdatedMar 02, 2024
DataAggregated Company Financials
Companies40
  • 7D-1.0%
  • 3M4.7%
  • 1Y6.5%
  • YTD5.3%

Over the last 7 days, the Financials industry has remained flat, although notably Bank Islam Malaysia Berhad gained 5.4%. The past year has been better, since the industry has gained 7.5% in that time. Looking forward, earnings are forecast to grow by 5.3% annually.

Sector Valuation and Performance

Has the Malaysian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Mar 2024RM424.1bRM110.2bRM39.4b12.2x10.8x3.8x
Mon, 29 Jan 2024RM415.5bRM114.2bRM38.9b12.1x10.7x3.6x
Wed, 27 Dec 2023RM400.1bRM114.2bRM38.9b10.8x10.3x3.5x
Fri, 24 Nov 2023RM405.0bRM112.2bRM38.0b12.5x10.7x3.6x
Sun, 22 Oct 2023RM400.4bRM113.0bRM37.5b12.3x10.7x3.5x
Tue, 19 Sep 2023RM402.5bRM112.9bRM37.4b12.3x10.7x3.6x
Thu, 17 Aug 2023RM404.0bRM110.7bRM35.8b11.7x11.3x3.7x
Sat, 15 Jul 2023RM387.5bRM110.7bRM35.8b11.8x10.8x3.5x
Mon, 12 Jun 2023RM371.1bRM110.6bRM35.8b11.5x10.4x3.4x
Wed, 10 May 2023RM385.5bRM109.0bRM34.6b11.1x11.1x3.5x
Fri, 07 Apr 2023RM386.3bRM109.2bRM34.8b10.3x11.1x3.5x
Sun, 05 Mar 2023RM394.7bRM108.7bRM34.8b10.5x11.3x3.6x
Tue, 31 Jan 2023RM403.6bRM105.1bRM33.4b11.8x12.1x3.8x
Thu, 29 Dec 2022RM399.8bRM105.2bRM33.4b12.1x12x3.8x
Sat, 26 Nov 2022RM407.7bRM102.9bRM31.8b9.9x12.8x4x
Mon, 24 Oct 2022RM402.2bRM101.0bRM31.0b9.7x13x4x
Wed, 21 Sep 2022RM400.2bRM100.9bRM31.0b10.1x12.9x4x
Fri, 19 Aug 2022RM407.3bRM99.9bRM31.0b9.8x13.1x4.1x
Sun, 17 Jul 2022RM388.7bRM95.8bRM31.1b9.4x12.5x4.1x
Tue, 14 Jun 2022RM392.4bRM99.9bRM31.1b9.7x12.6x3.9x
Thu, 12 May 2022RM406.7bRM99.2bRM27.5b10.1x14.8x4.1x
Sat, 09 Apr 2022RM404.9bRM98.9bRM27.5b10.2x14.7x4.1x
Mon, 07 Mar 2022RM394.7bRM99.0bRM27.6b9.5x14.3x4x
Wed, 02 Feb 2022RM378.0bRM96.8bRM25.6b9.5x14.8x3.9x
Fri, 31 Dec 2021RM373.7bRM97.0bRM25.6b9.5x14.6x3.9x
Sun, 28 Nov 2021RM365.4bRM95.4bRM25.5b9.7x14.3x3.8x
Tue, 26 Oct 2021RM377.8bRM96.1bRM25.8b10.7x14.6x3.9x
Thu, 23 Sep 2021RM364.0bRM96.9bRM26.8b9.8x13.6x3.8x
Sat, 21 Aug 2021RM356.6bRM96.9bRM26.8b9.5x13.3x3.7x
Sat, 05 Jun 2021RM358.4bRM91.4bRM23.3b10.4x15.4x3.9x
Tue, 09 Mar 2021RM355.7bRM87.8bRM25.1b12.4x14.2x4x
Price to Earnings Ratio

14.2x


Total Market Cap: RM355.7bTotal Earnings: RM25.1bTotal Revenue: RM87.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Financials Sector Price to Earnings3Y Average 12.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Malaysian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 12.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Financials sector?

MY Market-0.94%
Financials-0.98%
Consumer Finance2.29%
Diversified Financial0.18%
Insurance0.01%
Mortgage Finance0%
Mortgage REITs0%
Banks-1.06%
Capital Markets-2.10%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 6.0x.
    • Analysts are expecting annual earnings growth of 10.7%, which is higher than its past year's earnings growth of 1.8% per year.
  • Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings growth rate of 1.8% per year.
  • In contrast, the Capital Markets industry is expected to see its earnings grow by 3.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BIMB Bank Islam Malaysia BerhadRM2.535.4%
+RM294.6m
14.5%PB0.8x
HLFG Hong Leong Financial Group BerhadRM16.841.1%
+RM206.8m
-8.3%PB0.7x
LPI LPI Capital BhdRM12.802.9%
+RM143.4m
3.2%PE16.3x
RCECAP RCE Capital BerhadRM2.846.4%
+RM124.6m
59.6%PE14.4x
HLBANK Hong Leong Bank BerhadRM19.600.2%
+RM91.2m
-4.8%PB1.1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CIMB

RM6.34

CIMB Group Holdings Berhad

7D

-1.1%

1Y

13.4%

MNRB

RM1.80

MNRB Holdings Berhad

7D

2.3%

1Y

83.7%

LPI

RM12.80

LPI Capital Bhd

7D

2.9%

1Y

3.2%

HLBANK

RM19.60

Hong Leong Bank Berhad

7D

0.2%

1Y

-4.8%

MAYBANK

RM9.45

Malayan Banking Berhad

7D

-0.8%

1Y

8.5%

MBSB

RM0.76

Malaysia Building Society Berhad

7D

-1.9%

1Y

23.6%

ABMB

RM3.59

Alliance Bank Malaysia Berhad

7D

-1.6%

1Y

3.8%

TAKAFUL

RM3.66

Syarikat Takaful Malaysia Keluarga Berhad

7D

-5.2%

1Y

8.0%

AMBANK

RM4.28

AMMB Holdings Berhad

7D

-1.6%

1Y

7.8%

RCECAP

RM2.84

RCE Capital Berhad

7D

6.4%

1Y

59.6%

BIMB

RM2.53

Bank Islam Malaysia Berhad

7D

5.4%

1Y

14.5%

IGBB

RM2.38

IGB Berhad

7D

0.8%

1Y

41.7%