Header cover image

Malaysian (KLSE) Healthcare Sector Analysis

UpdatedFeb 22, 2024
DataAggregated Company Financials
Companies28
  • 7D0.3%
  • 3M5.8%
  • 1Y11.4%
  • YTD2.9%

In the last week, Healthcare has been flat. As for the the longer term, the industry is up 10% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Feb 2024RM93.8bRM35.5bRM1.9b18.8x50.6x2.6x
Sat, 20 Jan 2024RM92.9bRM35.5bRM1.7b22.8x54.4x2.6x
Mon, 18 Dec 2023RM91.4bRM35.7bRM1.6b23x57.2x2.6x
Wed, 15 Nov 2023RM86.0bRM33.5bRM1.3b24.5x68.6x2.6x
Fri, 13 Oct 2023RM85.1bRM33.7bRM1.3b23.6x68.1x2.5x
Sun, 10 Sep 2023RM85.1bRM34.2bRM1.6b23.8x51.6x2.5x
Tue, 08 Aug 2023RM86.3bRM34.4bRM1.9b21.6x46x2.5x
Thu, 06 Jul 2023RM83.8bRM34.6bRM2.0b21.3x42.5x2.4x
Sat, 03 Jun 2023RM87.2bRM35.6bRM2.1b20.8x41.1x2.5x
Mon, 01 May 2023RM84.0bRM35.2bRM1.4b21.5x60.7x2.4x
Wed, 29 Mar 2023RM84.5bRM35.5bRM1.5b20.9x56.6x2.4x
Fri, 24 Feb 2023RM83.1bRM40.4bRM2.6b17.1x31.5x2.1x
Sun, 22 Jan 2023RM84.3bRM41.6bRM3.3b18.9x25.7x2x
Tue, 20 Dec 2022RM82.1bRM41.6bRM3.3b19.3x25x2x
Thu, 17 Nov 2022RM85.5bRM44.7bRM4.6b19.4x18.6x1.9x
Sat, 15 Oct 2022RM79.9bRM46.9bRM6.0b12x13.3x1.7x
Mon, 12 Sep 2022RM85.0bRM47.9bRM6.5b12.1x13x1.8x
Wed, 10 Aug 2022RM94.1bRM52.7bRM9.5b14.6x9.9x1.8x
Fri, 08 Jul 2022RM92.9bRM54.3bRM10.6b13.8x8.8x1.7x
Sun, 05 Jun 2022RM99.3bRM56.8bRM12.5b13.8x8x1.7x
Tue, 03 May 2022RM106.9bRM59.2bRM14.8b14x7.2x1.8x
Thu, 31 Mar 2022RM106.4bRM60.8bRM15.7b13x6.8x1.8x
Sat, 26 Feb 2022RM107.5bRM65.3bRM18.6b16.4x5.8x1.6x
Mon, 24 Jan 2022RM115.5bRM66.7bRM20.6b15.6x5.6x1.7x
Wed, 22 Dec 2021RM112.5bRM66.7bRM20.6b15.4x5.5x1.7x
Fri, 19 Nov 2021RM117.8bRM67.3bRM22.6b20.6x5.2x1.7x
Sun, 17 Oct 2021RM127.3bRM66.3bRM22.3b21.1x5.7x1.9x
Tue, 14 Sep 2021RM131.6bRM64.6bRM21.7b24.3x6.1x2x
Thu, 12 Aug 2021RM135.2bRM65.6bRM22.3b24.7x6.1x2.1x
Mon, 07 Jun 2021RM154.4bRM57.6bRM18.1b23.4x8.5x2.7x
Sun, 28 Feb 2021RM157.5bRM50.0bRM12.7b27.6x12.4x3.1x
Price to Earnings Ratio

12.4x


Total Market Cap: RM157.5bTotal Earnings: RM12.7bTotal Revenue: RM50.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 25.3x202220232024
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 52.5x which is higher than its 3-year average PE of 25.3x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 48% per year over the last three years,
  • Revenues have also declined 11% 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 Market1.21%
Healthcare0.28%
Life Sciences1.11%
Healthcare Services0.57%
Biotech0%
Pharma-0.34%
Medical Equipment-0.36%
Healthtech-4.17%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 34.3x.
    • Analysts are expecting annual earnings decline of 4.1%, which is lower than the prior year's growth of 35.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Life Sciences industry, expecting annual earnings growth of 116% over the next 5 years.
  • In contrast, the Pharma industry is expected to see its earnings decline by 21% 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
IHH IHH Healthcare BerhadRM6.201.0%
+RM528.4m
3.5%PE22.6x
HARTA Hartalega Holdings BerhadRM2.621.6%
+RM136.5m
64.8%PS4.9x
FOCUSP Focus Point Holdings BerhadRM0.764.1%
+RM13.9m
-18.2%PE11.7x
KOTRA Kotra Industries BerhadRM4.921.9%
+RM13.3m
-18.8%PE12x
UMC UMediC Group BerhadRM0.685.5%
+RM13.1m
-12.3%PE24.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

PHARMA

RM0.40

Pharmaniaga Berhad

7D

-7.1%

1Y

-16.8%

KPJ

RM1.64

KPJ Healthcare Berhad

7D

-1.8%

1Y

53.3%

IHH

RM6.20

IHH Healthcare Berhad

7D

1.0%

1Y

3.5%

HARTA

RM2.62

Hartalega Holdings Berhad

7D

1.6%

1Y

64.8%

TOPGLOV

RM0.89

Top Glove Corporation Bhd

7D

-1.7%

1Y

6.6%

MGRC

RM0.46

Malaysian Genomics Resource Centre Berhad

7D

1.1%

1Y

-38.9%

TMCLIFE

RM0.79

TMC Life Sciences Berhad

7D

-2.5%

1Y

34.2%

G3

RM0.025

G3 Global Berhad

7D

-16.7%

1Y

-16.7%

FOCUSP

RM0.76

Focus Point Holdings Berhad

7D

4.1%

1Y

-18.2%

ADVENTA

RM0.30

Adventa Berhad

7D

1.7%

1Y

-48.7%

KOTRA

RM4.92

Kotra Industries Berhad

7D

1.9%

1Y

-18.8%

DCHCARE

RM0.32

DC Healthcare Holdings Berhad

7D

1.6%

1Y

n/a