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Malaysian (KLSE) Healthcare Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies29
  • 7D-1.8%
  • 3M5.6%
  • 1Y18.5%
  • YTD10.6%

Over the last 7 days, the Healthcare industry has dropped 1.8%, driven by IHH Healthcare Berhad declining 1.1%. Over the past 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 23% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024RM 102.5bRM 36.1bRM 2.5b23.7x40.2x2.8x
Sun, 23 Jun 2024RM 101.8bRM 36.1bRM 2.5b23.4x40x2.8x
Tue, 21 May 2024RM 105.4bRM 35.0bRM 2.6b22.7x41.2x3x
Thu, 18 Apr 2024RM 95.0bRM 35.0bRM 2.6b21.2x37x2.7x
Sat, 16 Mar 2024RM 91.7bRM 34.9bRM 2.4b20.9x38.2x2.6x
Mon, 12 Feb 2024RM 92.8bRM 35.5bRM 1.8b19.2x52.5x2.6x
Wed, 10 Jan 2024RM 95.1bRM 35.5bRM 1.7b23.4x55.7x2.7x
Fri, 08 Dec 2023RM 86.8bRM 35.7bRM 1.6b21.6x53.7x2.4x
Sun, 05 Nov 2023RM 85.4bRM 33.7bRM 1.3b24.8x67.8x2.5x
Tue, 03 Oct 2023RM 83.8bRM 34.2bRM 1.7b23.2x50.8x2.5x
Thu, 31 Aug 2023RM 84.5bRM 34.3bRM 1.8b23.3x47.8x2.5x
Sat, 29 Jul 2023RM 85.9bRM 34.4bRM 1.9b21.5x45.4x2.5x
Mon, 26 Jun 2023RM 84.0bRM 34.6bRM 2.0b21.3x42.5x2.4x
Wed, 24 May 2023RM 90.9bRM 34.4bRM 1.2b21.5x75.2x2.6x
Fri, 21 Apr 2023RM 85.2bRM 35.5bRM 1.5b20.7x57.1x2.4x
Sun, 19 Mar 2023RM 84.4bRM 35.5bRM 1.5b20.2x56.6x2.4x
Tue, 14 Feb 2023RM 82.5bRM 41.1bRM 2.9b15.9x28x2x
Thu, 12 Jan 2023RM 83.8bRM 41.6bRM 3.3b19.4x25.6x2x
Sat, 10 Dec 2022RM 84.3bRM 42.5bRM 3.6b20.2x23.1x2x
Mon, 07 Nov 2022RM 84.5bRM 46.2bRM 5.5b12.8x15.4x1.8x
Wed, 05 Oct 2022RM 79.3bRM 46.9bRM 6.0b12.1x13.2x1.7x
Fri, 02 Sep 2022RM 84.9bRM 47.9bRM 6.5b12.9x13x1.8x
Sun, 31 Jul 2022RM 93.7bRM 52.7bRM 9.5b14.3x9.8x1.8x
Tue, 28 Jun 2022RM 91.2bRM 54.1bRM 10.4b13x8.7x1.7x
Thu, 26 May 2022RM 101.1bRM 58.2bRM 13.5b14.8x7.5x1.7x
Sat, 23 Apr 2022RM 108.2bRM 60.8bRM 15.7b14.1x6.9x1.8x
Mon, 21 Mar 2022RM 107.0bRM 60.8bRM 15.7b13.6x6.8x1.8x
Wed, 16 Feb 2022RM 112.3bRM 65.5bRM 19.8b16.4x5.7x1.7x
Fri, 14 Jan 2022RM 118.6bRM 66.7bRM 20.6b15.6x5.8x1.8x
Sun, 12 Dec 2021RM 113.4bRM 69.9bRM 22.8b15.3x5x1.6x
Tue, 09 Nov 2021RM 120.1bRM 67.2bRM 22.7b20.6x5.3x1.8x
Thu, 07 Oct 2021RM 126.1bRM 66.3bRM 22.3b20.8x5.7x1.9x
Sat, 04 Sep 2021RM 138.8bRM 65.6bRM 22.3b24.9x6.2x2.1x
Mon, 02 Aug 2021RM 135.9bRM 65.6bRM 22.3b24.9x6.1x2.1x
Price to Earnings Ratio

6.1x


Total Market Cap: RM 135.9bTotal Earnings: RM 22.3bTotal Revenue: RM 65.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 29.6x202220232024
Current Industry PE
  • Investors are optimistic on the Malaysian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.2x which is higher than its 3-year average PE of 29.6x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 51% per year over the last three years,
  • Revenues have also declined 18% 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-1.65%
Healthcare-1.76%
Healthtech0%
Biotech0%
Life Sciences0%
Healthcare Services-0.60%
Pharma-1.69%
Medical Equipment-4.27%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 28.0x.
    • Analysts are expecting annual earnings growth of 1.4%, which is higher than its past year's earnings decline of 3.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 77% over the next 5 years.
  • This is better than its past earnings growth rate of 62% per year.
  • In contrast, the Pharma industry is expected to see its earnings decline by 16% 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
KPJ KPJ Healthcare BerhadRM 1.882.7%
+RM 218.2m		66.4%PE27.1x
LKL LKL International BerhadRM 0.1411.5%
+RM 5.8m		-6.5%PS1.3x
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Latest News

HARTA

RM 3.38

Hartalega Holdings Berhad

7D

-1.2%

1Y

59.4%

Hartalega Holdings Berhad (KLSE:HARTA) Will Want To Turn Around Its Return Trends

Jul 26
Hartalega Holdings Berhad (KLSE:HARTA) Will Want To Turn Around Its Return Trends

LKL

RM 0.14

LKL International Berhad

7D

11.5%

1Y

-6.5%

PHARMA

RM 0.43

Pharmaniaga Berhad

7D

-6.5%

1Y

6.2%

IHH

RM 6.26

IHH Healthcare Berhad

7D

-1.1%

1Y

6.3%

Returns On Capital Are Showing Encouraging Signs At IHH Healthcare Berhad (KLSE:IHH)

Jul 16
Returns On Capital Are Showing Encouraging Signs At IHH Healthcare Berhad (KLSE:IHH)

TOPGLOV

RM 1.21

Top Glove Corporation Bhd

7D

-0.8%

1Y

35.2%

Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult

Jul 15
Getting In Cheap On Top Glove Corporation Bhd. (KLSE:TOPGLOV) Might Be Difficult

KOSSAN

RM 2.40

Kossan Rubber Industries Bhd

7D

-2.8%

1Y

73.9%

Kossan Rubber Industries Bhd (KLSE:KOSSAN) Could Be Struggling To Allocate Capital

Jun 27
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Could Be Struggling To Allocate Capital

KPJ

RM 1.88

KPJ Healthcare Berhad

7D

2.7%

1Y

66.4%

Is There An Opportunity With KPJ Healthcare Berhad's (KLSE:KPJ) 33% Undervaluation?

Jun 24
Is There An Opportunity With KPJ Healthcare Berhad's (KLSE:KPJ) 33% Undervaluation?

HONGSENG

RM 0.01

Hong Seng Consolidated Berhad

7D

-33.3%

1Y

-86.7%

Health Check: How Prudently Does Hong Seng Consolidated Berhad (KLSE:HONGSENG) Use Debt?

Jun 09
Health Check: How Prudently Does Hong Seng Consolidated Berhad (KLSE:HONGSENG) Use Debt?

SUPERMX

RM 0.91

Supermax Corporation Berhad

7D

-1.1%

1Y

9.6%

ALPHA

RM 0.32

Alpha IVF Group Berhad

7D

-1.5%

1Y

n/a