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Malaysian (KLSE) Healthcare Sector Analysis

UpdatedJan 24, 2022
DataAggregated Company Financials
Companies23
  • 7D-1.6%
  • 3M-8.3%
  • 1Y-37.0%
  • YTD-3.9%

Over the last 7 days, the Healthcare industry has dropped 1.6%, driven by a pullback from Top Glove Corporation Bhd of 11%. However, the industry is down 37% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 24 Jan 2022RM115.5bRM66.7bRM20.6b15.6x
Wed, 22 Dec 2021RM112.5bRM66.7bRM20.6b15.4x
Fri, 19 Nov 2021RM117.8bRM67.3bRM22.6b20.6x
Sun, 17 Oct 2021RM127.3bRM66.3bRM22.3b21.1x
Tue, 14 Sep 2021RM131.6bRM64.6bRM21.7b24.3x
Thu, 12 Aug 2021RM135.2bRM65.6bRM22.3b24.7x
Mon, 07 Jun 2021RM154.4bRM57.6bRM18.1b23.4x
Sun, 28 Feb 2021RM157.5bRM50.0bRM12.7b27.6x
Wed, 02 Dec 2020RM210.7bRM42.1bRM7.0b26.3x
Sat, 05 Sep 2020RM238.7bRM36.8bRM3.2b45.9x
Tue, 09 Jun 2020RM156.5bRM35.2bRM1.8b28.4x
Mon, 02 Mar 2020RM103.0bRM34.7bRM1.9b20.4x
Thu, 05 Dec 2019RM92.6bRM34.6bRM2.4b20.7x
Sun, 08 Sep 2019RM96.6bRM33.5bRM2.1b19.8x
Sat, 01 Jun 2019RM94.9bRM32.3bRM2.2b20.4x
Tue, 05 Mar 2019RM94.9bRM31.0bRM2.2b18.4x
PE Ratio

16.9x

Total Market Cap: RM95.8bTotal Earnings: RM2.2bTotal Revenue: RM30.8b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.6x which is lower than its 3-year average PE of 23.8x. Given that earnings are expected to decline by 7.3%, the lower than average PE seems justified.

Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 112% per year over the last three years, and revenues for these companies have grown 29% 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?

Pharma-0.20%
Healthcare Services-0.23%
Medical Equipment-3.53%
Life Sciences-9.54%

Industry PE: Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 46.0x. This is likely because analysts are expecting annual earnings growth of 13%, which is higher than its past year's earnings decline of 0.3% per year. Meanwhile, investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 23.9x.

Forecasted Growth: Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 13% over the next 5 years. This is better than its past earnings decline of 0.3% per year. Meanwhile, the Medical Equipment industry is expected to see its earnings decline by 37% 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
TMCLIFE TMC Life Sciences BerhadRM0.552.8%
+RM26.1m
-21.6%PE57.5x
FOCUSP Focus Point Holdings BerhadRM0.693.0%
+RM6.6m
-15.9%PE22.4x
RHONEMA Rhone Ma Holdings BerhadRM0.723.6%
+RM5.0m
-17.6%PE13.5x
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