Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Healthcare Sector Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies32
  • 7D-1.2%
  • 3M-9.3%
  • 1Y-10.7%
  • YTD-21.7%

Over the last 7 days, the Healthcare industry has dropped 1.2%, driven by Hartalega Holdings Berhad declining 9.5%. Overall the industry is down 11% in 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Jul 2025RM 93.2bRM 42.4bRM 3.0b23.5x31.3x2.2x
Wed, 18 Jun 2025RM 97.6bRM 42.1bRM 3.0b23.1x32.7x2.3x
Fri, 16 May 2025RM 103.6bRM 41.4bRM 3.2b23.3x32.8x2.5x
Sun, 13 Apr 2025RM 101.9bRM 41.3bRM 3.2b20x32.2x2.5x
Tue, 11 Mar 2025RM 104.9bRM 41.0bRM 3.1b20.7x34x2.6x
Thu, 06 Feb 2025RM 113.9bRM 39.0bRM 3.1b21x37.2x2.9x
Sat, 04 Jan 2025RM 118.0bRM 39.0bRM 3.1b22.4x38.6x3x
Mon, 02 Dec 2024RM 113.9bRM 38.5bRM 3.0b22.8x38.1x3x
Wed, 30 Oct 2024RM 109.1bRM 38.1bRM 3.1b23.4x35x2.9x
Fri, 27 Sep 2024RM 106.5bRM 37.7bRM 2.7b23.6x40x2.8x
Sun, 25 Aug 2024RM 97.8bRM 36.3bRM 2.3b24x41.8x2.7x
Tue, 23 Jul 2024RM 102.8bRM 36.1bRM 2.5b23.7x40.3x2.8x
Thu, 20 Jun 2024RM 102.5bRM 36.0bRM 2.4b23.6x43.4x2.9x
Sat, 18 May 2024RM 105.1bRM 35.0bRM 2.6b21.9x41x3x
Mon, 15 Apr 2024RM 95.6bRM 35.0bRM 2.6b21.6x37.3x2.7x
Wed, 13 Mar 2024RM 91.9bRM 34.9bRM 2.4b20.7x38.3x2.6x
Fri, 09 Feb 2024RM 92.9bRM 35.5bRM 1.8b19.1x52.5x2.6x
Sun, 07 Jan 2024RM 94.1bRM 35.5bRM 1.7b23.2x55.1x2.6x
Tue, 05 Dec 2023RM 87.7bRM 35.7bRM 1.6b21.9x54.9x2.5x
Thu, 02 Nov 2023RM 85.1bRM 33.7bRM 1.3b24.8x67.9x2.5x
Sat, 30 Sep 2023RM 84.0bRM 34.2bRM 1.7b23.8x50.9x2.5x
Mon, 28 Aug 2023RM 85.3bRM 33.9bRM 2.0b24.9x43.1x2.5x
Wed, 26 Jul 2023RM 85.4bRM 34.6bRM 1.9b21.3x44.7x2.5x
Fri, 23 Jun 2023RM 84.6bRM 34.6bRM 2.0b21.6x42.8x2.4x
Sun, 21 May 2023RM 91.1bRM 34.5bRM 1.2b21.8x74.4x2.6x
Tue, 18 Apr 2023RM 87.5bRM 35.5bRM 1.5b21.3x58.7x2.5x
Thu, 16 Mar 2023RM 81.8bRM 36.3bRM 1.7b19.6x46.9x2.3x
Sat, 11 Feb 2023RM 83.0bRM 41.1bRM 2.9b16x28.1x2x
Mon, 09 Jan 2023RM 85.5bRM 41.6bRM 3.3b19.6x26.1x2.1x
Wed, 07 Dec 2022RM 82.3bRM 42.5bRM 3.6b20.1x22.6x1.9x
Fri, 04 Nov 2022RM 85.7bRM 46.9bRM 6.0b12.4x14.3x1.8x
Sun, 02 Oct 2022RM 80.2bRM 46.9bRM 6.0b12.3x13.3x1.7x
Tue, 30 Aug 2022RM 86.7bRM 47.8bRM 6.5b11.9x13.3x1.8x
Thu, 28 Jul 2022RM 93.4bRM 52.7bRM 9.5b14.3x9.8x1.8x
Price to Earnings Ratio

9.8x


Total Market Cap: RM 93.4bTotal Earnings: RM 9.5bTotal Revenue: RM 52.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 39.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Malaysian Healthcare 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 31.3x which is lower than its 3-year average PE of 39.1x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 34% per year over the last three years,
  • Revenues have also declined 8.0% 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 Healthcare sector?

MY Market-0.44%
Healthcare-1.25%
Pharma2.42%
Healthcare Services-0.51%
Medical Equipment-5.32%
Healthtech-6.25%
Life Sciences-9.30%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 25.3x.
    • Analysts are expecting annual earnings growth of 6.9%, which is higher than its past year's earnings decline of 6.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 50% over the next 5 years.
  • However this is lower than its past earnings growth rate of 287% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 6.9% 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
AHEALTH Apex Healthcare BerhadRM 2.384.8%
+RM 79.2m		-16.5%PE23.5x
CENGILD Cengild Medical BerhadRM 0.256.4%
+RM 12.5m		-19.4%PE20.1x
ONEGLOVE One Glove Group BerhadRM 0.2011.1%
+RM 11.3m		-7.0%PS3.2x
METRO Metro Healthcare BerhadRM 0.215.0%
+RM 9.8m		n/aPE66.4x
PLABS PeterLabs Holdings BerhadRM 0.3511.1%
+RM 9.6m		48.9%PE33.9x

Latest News

KOSSAN
RM 1.34
Kossan Rubber Industries Bhd
7D
-6.9%
1Y
-45.7%
IHH
RM 6.57
IHH Healthcare Berhad
7D
-0.2%
1Y
3.8%

IHH Healthcare Berhad (KLSE:IHH) Shareholders Will Want The ROCE Trajectory To Continue

Jul 17
IHH Healthcare Berhad (KLSE:IHH) Shareholders Will Want The ROCE Trajectory To Continue
KPJ
RM 2.56
KPJ Healthcare Berhad
7D
-2.3%
1Y
39.9%

KPJ Healthcare Berhad (KLSE:KPJ) Shares Could Be 32% Below Their Intrinsic Value Estimate

Jul 16
KPJ Healthcare Berhad (KLSE:KPJ) Shares Could Be 32% Below Their Intrinsic Value Estimate
HARTA
RM 1.43
Hartalega Holdings Berhad
7D
-9.5%
1Y
-58.2%
PLABS
RM 0.35
PeterLabs Holdings Berhad
7D
11.1%
1Y
48.9%
SUPERMX
RM 0.58
Supermax Corporation Berhad
7D
-5.6%
1Y
-23.7%
TOPVISN
RM 0.21
Topvision Eye Specialist Berhad
7D
2.4%
1Y
n/a
CENGILD
RM 0.25
Cengild Medical Berhad
7D
6.4%
1Y
-19.4%
ONEGLOVE
RM 0.20
One Glove Group Berhad
7D
11.1%
1Y
-7.0%
COMFORT
RM 0.23
Comfort Gloves Berhad
7D
-19.6%
1Y
-51.6%
AHEALTH
RM 2.38
Apex Healthcare Berhad
7D
4.8%
1Y
-16.5%
METRO
RM 0.21
Metro Healthcare Berhad
7D
5.0%
1Y
n/a
ALPHA
RM 0.27
Alpha IVF Group Berhad
7D
-1.8%
1Y
-16.9%
PHARMA
RM 0.15
Pharmaniaga Berhad
7D
-6.1%
1Y
-66.3%