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Malaysian (KLSE) Insurance Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
  • 7D-2.0%
  • 3M-1.2%
  • 1Y14.0%
  • YTD3.4%

Over the last 7 days, the Insurance industry has dropped 2.0%, driven by MNRB Holdings Berhad declining 2.8%. Over the past 12 months, the industry was up 14%. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024RM13.7bRM14.0bRM1.5b7x9.1x1x
Thu, 21 Mar 2024RM13.9bRM14.0bRM1.5b6.7x9.3x1x
Sat, 17 Feb 2024RM14.3bRM17.0bRM1.4b9x10.4x0.8x
Mon, 15 Jan 2024RM13.8bRM16.8bRM1.3b9x10.3x0.8x
Wed, 13 Dec 2023RM13.2bRM17.0bRM1.3b8.5x9.8x0.8x
Fri, 10 Nov 2023RM13.0bRM17.0bRM1.3b9.7x10.4x0.8x
Sun, 08 Oct 2023RM12.4bRM16.9bRM1.2b9.1x10x0.7x
Tue, 05 Sep 2023RM12.8bRM16.9bRM1.2b9.4x10.3x0.8x
Thu, 03 Aug 2023RM12.1bRM16.1bRM1.0b8.6x12x0.8x
Sat, 01 Jul 2023RM11.8bRM16.1bRM1.0b8.3x11.8x0.7x
Mon, 29 May 2023RM12.5bRM15.5bRM905.4m10.7x13.8x0.8x
Wed, 26 Apr 2023RM12.7bRM15.4bRM1.1b8.5x12x0.8x
Fri, 24 Mar 2023RM12.5bRM15.4bRM1.0b8.3x11.9x0.8x
Sun, 19 Feb 2023RM13.1bRM14.9bRM1.2b7.1x10.6x0.9x
Tue, 17 Jan 2023RM13.1bRM14.6bRM1.1b8.6x11.6x0.9x
Thu, 15 Dec 2022RM13.0bRM14.6bRM1.1b8.2x11.5x0.9x
Sat, 12 Nov 2022RM12.5bRM14.5bRM953.6m9x13.1x0.9x
Mon, 10 Oct 2022RM12.8bRM14.3bRM969.6m8.9x13.2x0.9x
Wed, 07 Sep 2022RM13.2bRM14.3bRM969.6m9.1x13.6x0.9x
Fri, 05 Aug 2022RM13.3bRM14.8bRM1.3b7.3x10.1x0.9x
Sun, 03 Jul 2022RM13.2bRM14.8bRM1.3b7.3x9.8x0.9x
Tue, 31 May 2022RM13.6bRM14.8bRM1.4b7.1x9.9x0.9x
Thu, 28 Apr 2022RM13.8bRM14.4bRM1.3b7.1x10.5x1x
Sat, 26 Mar 2022RM13.8bRM14.4bRM1.3b7.2x10.3x1x
Mon, 21 Feb 2022RM14.4bRM15.0bRM1.3b12.9x10.8x1x
Wed, 19 Jan 2022RM14.2bRM15.1bRM1.4b12.1x10.4x0.9x
Fri, 17 Dec 2021RM13.9bRM15.1bRM1.4b11.9x10.2x0.9x
Sun, 14 Nov 2021RM14.2bRM15.1bRM1.4b11.8x10.3x0.9x
Tue, 12 Oct 2021RM14.5bRM15.1bRM1.4b12.5x10.6x1x
Thu, 09 Sep 2021RM14.8bRM15.1bRM1.4b12.9x10.9x1x
Sat, 07 Aug 2021RM14.6bRM15.1bRM1.4b12.9x10.8x1x
Fri, 30 Apr 2021RM14.7bRM15.2bRM1.4b10.3x10.2x1x
Price to Earnings Ratio

10.2x


Total Market Cap: RM14.7bTotal Earnings: RM1.4bTotal Revenue: RM15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Insurance Industry Price to Earnings3Y Average 10.9x202220232024
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 9.1x which is lower than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.7% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

MY Market-1.15%
Financials-0.89%
Insurance-1.96%
Insurance Brokers0%
General Insurance-1.18%
Property and Casualty Insurance-1.46%
Life and Health Insurance-3.07%
Reinsurance-7.18%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry, which is trading close to its 3-year average PE ratio of 17.3x.
    • Analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 24.4% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 7.4x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Reinsurance industry is expected to see its earnings decline by 8.8% 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
LPI LPI Capital BhdRM11.920.8%
+RM39.8m		-1.5%PE15.1x
TAKAFUL Syarikat Takaful Malaysia Keluarga BerhadRM3.560.8%
+RM25.1m		7.2%PE8.6x
ALLIANZ Allianz Malaysia BerhadRM21.100.6%
+RM21.4m		51.4%PE7.1x
MAA MAA Group BerhadRM0.382.7%
+RM2.6m		13.6%PS0.5x
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Latest News

MNRB

RM1.71

MNRB Holdings Berhad

7D

-2.8%

1Y

69.3%

ALLIANZ

RM21.10

Allianz Malaysia Berhad

7D

0.6%

1Y

51.4%

Is Now The Time To Put Allianz Malaysia Berhad (KLSE:ALLIANZ) On Your Watchlist?

Apr 08
Is Now The Time To Put Allianz Malaysia Berhad (KLSE:ALLIANZ) On Your Watchlist?

MAA

RM0.38

MAA Group Berhad

7D

2.7%

1Y

13.6%

LPI

RM11.92

LPI Capital Bhd

7D

0.8%

1Y

-1.5%

P&O

RM0.83

Pacific & Orient Berhad

7D

-0.6%

1Y

-21.0%

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Pacific & Orient Berhad's (KLSE:P&O) CEO For Now

Mar 01
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Pacific & Orient Berhad's (KLSE:P&O) CEO For Now

MANULFE

RM1.92

Manulife Holdings Berhad

7D

-1.0%

1Y

-2.0%

TAKAFUL

RM3.56

Syarikat Takaful Malaysia Keluarga Berhad

7D

0.8%

1Y

7.2%