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Malaysian (KLSE) Insurance Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
  • 7D0.7%
  • 3M-2.1%
  • 1Y11.5%
  • YTD11.5%

Last week, the Insurance industry hasn't moved much but Syarikat Takaful Malaysia Keluarga Berhad is up 3.5% in that time. The past year has been better, since the industry has gained 12% in that time. Earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024RM 15.0bRM 14.4bRM 1.7b6.7x8.8x1x
Mon, 18 Nov 2024RM 15.0bRM 13.8bRM 1.7b6.5x8.7x1.1x
Wed, 16 Oct 2024RM 14.8bRM 13.6bRM 1.7b6.5x8.9x1.1x
Fri, 13 Sep 2024RM 14.8bRM 13.6bRM 1.7b6.5x8.9x1.1x
Sun, 11 Aug 2024RM 14.5bRM 13.5bRM 1.7b6.7x8.5x1.1x
Tue, 09 Jul 2024RM 14.9bRM 13.6bRM 1.7b7.2x8.8x1.1x
Thu, 06 Jun 2024RM 15.0bRM 13.8bRM 1.7b7.1x8.8x1.1x
Sat, 04 May 2024RM 14.1bRM 14.0bRM 1.5b7.1x9.2x1x
Mon, 01 Apr 2024RM 13.8bRM 14.0bRM 1.5b6.7x9.2x1x
Wed, 28 Feb 2024RM 14.0bRM 14.7bRM 1.7b7.3x8.2x1x
Fri, 26 Jan 2024RM 13.7bRM 16.8bRM 1.3b8.9x10.2x0.8x
Sun, 24 Dec 2023RM 13.2bRM 16.8bRM 1.3b8.6x9.8x0.8x
Tue, 21 Nov 2023RM 13.1bRM 17.2bRM 1.3b9.9x10.2x0.8x
Thu, 19 Oct 2023RM 12.5bRM 16.9bRM 1.2b9.1x10.1x0.7x
Sat, 16 Sep 2023RM 12.5bRM 16.9bRM 1.2b9.2x10.1x0.7x
Mon, 14 Aug 2023RM 12.2bRM 16.1bRM 1.0b8.7x12.1x0.8x
Wed, 12 Jul 2023RM 11.9bRM 16.1bRM 1.0b8.5x11.8x0.7x
Fri, 09 Jun 2023RM 12.5bRM 16.1bRM 1.0b9.9x12.1x0.8x
Sun, 07 May 2023RM 12.6bRM 15.4bRM 876.5m12.7x14.4x0.8x
Tue, 04 Apr 2023RM 12.6bRM 15.4bRM 1.0b8.5x12.1x0.8x
Thu, 02 Mar 2023RM 12.8bRM 15.5bRM 1.1b8.2x11.2x0.8x
Sat, 28 Jan 2023RM 13.2bRM 14.6bRM 1.1b8.2x11.6x0.9x
Mon, 26 Dec 2022RM 13.0bRM 14.6bRM 1.1b8.3x11.5x0.9x
Wed, 23 Nov 2022RM 12.5bRM 14.5bRM 953.4m9x13.1x0.9x
Fri, 21 Oct 2022RM 12.7bRM 14.3bRM 938.9m8.7x13.5x0.9x
Sun, 18 Sep 2022RM 13.2bRM 14.3bRM 969.6m9x13.6x0.9x
Tue, 16 Aug 2022RM 13.4bRM 14.9bRM 1.3b7.2x10.2x0.9x
Thu, 14 Jul 2022RM 13.2bRM 14.8bRM 1.3b7.3x9.8x0.9x
Sat, 11 Jun 2022RM 13.8bRM 14.8bRM 1.3b7.7x10.2x0.9x
Mon, 09 May 2022RM 13.8bRM 14.4bRM 1.3b7.2x10.5x1x
Wed, 06 Apr 2022RM 14.0bRM 14.4bRM 1.3b7.4x10.5x1x
Fri, 04 Mar 2022RM 13.9bRM 14.5bRM 1.3b7.2x10.4x1x
Sun, 30 Jan 2022RM 14.0bRM 15.1bRM 1.4b12x10.3x0.9x
Tue, 28 Dec 2021RM 14.0bRM 15.1bRM 1.4b12x10.3x0.9x
Price to Earnings Ratio

10.3x


Total Market Cap: RM 14.0bTotal Earnings: RM 1.4bTotal Revenue: RM 15.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Insurance Industry Price to Earnings3Y Average 10.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Malaysian Insurance 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 8.8x which is lower than its 3-year average PE of 10.5x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 7.8% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Malaysian Financials industry?

MY Market-0.98%
Financials-2.11%
Insurance0.66%
Life and Health Insurance3.35%
General Insurance1.12%
Insurance Brokers0%
Reinsurance0%
Property and Casualty Insurance-0.027%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 6.6% per year.
  • In contrast, the Reinsurance industry is expected to see its earnings decline by 6.3% 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
TAKAFUL Syarikat Takaful Malaysia Keluarga BerhadRM 4.143.5%
+RM 117.2m
11.0%PE9.5x
MANULFE Manulife Holdings BerhadRM 2.314.1%
+RM 20.2m
20.3%PE4.6x
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Latest News

ALLIANZ

RM 20.28

Allianz Malaysia Berhad

7D

-1.0%

1Y

8.7%

P&O

RM 0.64

Pacific & Orient Berhad

7D

-0.8%

1Y

-33.3%

MANULFE

RM 2.31

Manulife Holdings Berhad

7D

4.1%

1Y

20.3%

MAA

RM 0.24

MAA Group Berhad

7D

-2.0%

1Y

-38.8%