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

Malaysian (KLSE) Healthcare Sector Analysis

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies35
  • 7D-1.7%
  • 3M-5.2%
  • 1Y13.5%
  • YTD-0.6%

Over the last 7 days, the Healthcare industry has dropped 1.7%, driven by IHH Healthcare Berhad declining 2.4%. On the other hand Alpha IVF Group Berhad is actually up 6.1%. Over the past 12 months, the industry was up 14%. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Jul 2026RM 129.7bRM 49.3bRM 3.0b23.5x42.8x2.6x
Tue, 23 Jun 2026RM 133.5bRM 49.3bRM 3.0b21.3x44x2.7x
Thu, 21 May 2026RM 138.9bRM 48.7bRM 3.0b21.6x46.6x2.9x
Sat, 18 Apr 2026RM 134.8bRM 48.6bRM 3.0b22x45.5x2.8x
Mon, 16 Mar 2026RM 113.2bRM 46.3bRM 2.7b20.9x41.8x2.4x
Wed, 11 Feb 2026RM 110.4bRM 46.6bRM 2.9b22.3x37.9x2.4x
Fri, 09 Jan 2026RM 110.5bRM 47.5bRM 3.0b24.7x36.9x2.3x
Sun, 07 Dec 2025RM 108.2bRM 47.4bRM 3.0b24.4x36.4x2.3x
Tue, 04 Nov 2025RM 108.7bRM 42.7bRM 2.8b24.8x39x2.5x
Thu, 02 Oct 2025RM 104.3bRM 42.6bRM 2.7b24.8x38.3x2.4x
Sat, 30 Aug 2025RM 93.3bRM 42.3bRM 2.9b22.4x31.9x2.2x
Mon, 28 Jul 2025RM 94.4bRM 42.4bRM 3.0b24.1x31.7x2.2x
Wed, 25 Jun 2025RM 94.5bRM 42.1bRM 3.0b22.9x31.7x2.2x
Fri, 23 May 2025RM 101.0bRM 41.6bRM 3.1b22.8x32.1x2.4x
Sun, 20 Apr 2025RM 102.3bRM 41.3bRM 3.2b22.9x32.3x2.5x
Tue, 18 Mar 2025RM 103.2bRM 41.0bRM 3.1b21.5x33.4x2.5x
Thu, 13 Feb 2025RM 115.2bRM 38.9bRM 3.0b21.3x37.8x3x
Sat, 11 Jan 2025RM 113.3bRM 39.0bRM 3.1b21.6x37.1x2.9x
Mon, 09 Dec 2024RM 117.7bRM 38.5bRM 3.0b23.2x39.3x3.1x
Wed, 06 Nov 2024RM 110.4bRM 38.1bRM 3.1b22.7x35.4x2.9x
Fri, 04 Oct 2024RM 107.2bRM 37.7bRM 2.7b23.8x40.3x2.8x
Sun, 01 Sep 2024RM 95.2bRM 37.7bRM 2.7b22x35.9x2.5x
Tue, 30 Jul 2024RM 102.0bRM 36.1bRM 2.5b23.7x40x2.8x
Thu, 27 Jun 2024RM 101.2bRM 36.1bRM 2.5b23.7x39.8x2.8x
Sat, 25 May 2024RM 103.0bRM 35.1bRM 2.9b22.9x35x2.9x
Mon, 22 Apr 2024RM 95.0bRM 35.0bRM 2.6b21x37x2.7x
Wed, 20 Mar 2024RM 91.6bRM 34.9bRM 2.4b20.6x38.2x2.6x
Fri, 16 Feb 2024RM 93.9bRM 35.5bRM 1.8b19.3x53.1x2.6x
Sun, 14 Jan 2024RM 93.7bRM 35.5bRM 1.7b23.2x54.8x2.6x
Tue, 12 Dec 2023RM 87.4bRM 35.7bRM 1.6b21.9x54.7x2.5x
Thu, 09 Nov 2023RM 87.7bRM 33.5bRM 1.3b24.8x69.6x2.6x
Sat, 07 Oct 2023RM 84.0bRM 34.2bRM 1.7b22.9x50.9x2.5x
Mon, 04 Sep 2023RM 83.8bRM 34.2bRM 1.6b23.8x50.9x2.5x
Wed, 02 Aug 2023RM 87.5bRM 34.4bRM 1.9b21.7x46.3x2.5x
Price to Earnings Ratio

46.3x


Total Market Cap: RM 87.5bTotal Earnings: RM 1.9bTotal Revenue: RM 34.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 41.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Malaysian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 41.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Healthcare sector?

MY Market-0.78%
Healthcare-1.75%
Pharma1.86%
Life Sciences1.72%
Medical Equipment-1.00%
Healthtech-1.38%
Healthcare Services-1.89%
Industry PE
  • Investors are most optimistic about the Healthtech industry even though it's trading below its 3-year average PE ratio of 87.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 38% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 4.7% 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
ALPHA Alpha IVF Group BerhadRM 0.266.1%
+RM 72.6m		-5.5%PE23.5x
DPHARMA Duopharma Biotech BerhadRM 1.263.3%
+RM 38.5m		-6.7%PE13.1x
KOSSAN Kossan Rubber Industries BhdRM 1.041.0%
+RM 25.2m		-23.0%PE16.7x
G3 G3 Global BerhadRM 0.01550.0%
+RM 20.8m		0%PS9.3x
SUPERMX Supermax Corporation BerhadRM 0.271.9%
+RM 15.3m		-54.2%PS1.2x

Latest News

ALPHA
RM 0.26
Alpha IVF Group Berhad
7D
6.1%
1Y
-5.5%
DPHARMA
RM 1.26
Duopharma Biotech Berhad
7D
3.3%
1Y
-6.7%
PHARMA
RM 1.17
Pharmaniaga Berhad
7D
-0.8%
1Y
6.4%
UMC
RM 0.32
UMediC Group Berhad
7D
4.9%
1Y
-4.5%
SUNMED
RM 1.94
Sunway Healthcare Holdings Berhad
7D
-0.5%
1Y
n/a
TOPGLOV
RM 0.65
Top Glove Corporation Bhd
7D
-1.5%
1Y
-6.5%
KPJ
RM 3.12
KPJ Healthcare Berhad
7D
-2.8%
1Y
20.0%
HARTA
RM 0.97
Hartalega Holdings Berhad
7D
-2.5%
1Y
-32.3%
KOSSAN
RM 1.04
Kossan Rubber Industries Bhd
7D
1.0%
1Y
-23.0%
IHH
RM 8.30
IHH Healthcare Berhad
7D
-2.4%
1Y
24.6%
Narrative Update • Jun 16

IHH: Steady Margins And Stable Assumptions Will Support Bullish Outlook

Analysts have reaffirmed their MYR price target for IHH Healthcare Berhad at roughly MYR 10.13, citing updated assumptions around revenue growth, profit margins, and future P/E that remain broadly in line with previous forecasts. What's in the News for IHH Healthcare Berhad IHH Healthcare Berhad reported property, plant and equipment written off of MYR 1 million for the first quarter ended March 31, 2026, in line with the MYR 1 million written off in the same period a year earlier.
SUPERMX
RM 0.27
Supermax Corporation Berhad
7D
1.9%
1Y
-54.2%
Analysis Article • Jun 05

Some Analysts Just Cut Their Supermax Corporation Berhad (KLSE:SUPERMX) Estimates

Market forces rained on the parade of Supermax Corporation Berhad ( KLSE:SUPERMX ) shareholders today, when the...
COMFORT
RM 0.14
Comfort Gloves Berhad
7D
8.0%
1Y
-37.2%
KOTRA
RM 3.75
Kotra Industries Berhad
7D
0.8%
1Y
-10.7%
TMCLIFE
RM 0.47
TMC Life Sciences Berhad
7D
-1.1%
1Y
10.7%
G3
RM 0.015
G3 Global Berhad
7D
50.0%
1Y
0%
LACMED
RM 0.69
LAC Med Berhad
7D
-2.8%
1Y
n/a