Malaysian (KLSE) Healthcare Services Industry Analysis

Industry Valuation and Performance

Has the Malaysian Healthcare Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 03 Feb 2023	RM61.8b	RM24.9b	RM2.2b	29.7x	28.1x	2.5x
Sun, 01 Jan 2023	RM64.0b	RM24.9b	RM2.2b	30.5x	29.1x	2.6x
Tue, 29 Nov 2022	RM61.4b	RM24.7b	RM2.5b	24.6x	24.8x	2.5x
Thu, 27 Oct 2022	RM60.3b	RM25.8b	RM2.5b	25.9x	24.1x	2.3x
Sat, 24 Sep 2022	RM59.9b	RM25.8b	RM2.5b	25.7x	24x	2.3x
Mon, 22 Aug 2022	RM66.0b	RM25.5b	RM2.3b	26.1x	28.8x	2.6x
Wed, 20 Jul 2022	RM66.0b	RM25.9b	RM2.3b	26.4x	28.6x	2.5x
Fri, 17 Jun 2022	RM62.5b	RM25.7b	RM2.2b	29.5x	28.6x	2.4x
Sun, 15 May 2022	RM63.8b	RM25.2b	RM2.1b	32x	31.1x	2.5x
Tue, 12 Apr 2022	RM63.5b	RM25.2b	RM2.1b	31.8x	31x	2.5x
Thu, 10 Mar 2022	RM63.2b	RM25.1b	RM2.1b	31.6x	30.8x	2.5x
Sat, 05 Feb 2022	RM64.2b	RM24.2b	RM1.9b	39.3x	33.3x	2.6x
Mon, 03 Jan 2022	RM72.2b	RM24.2b	RM1.9b	39.5x	37.5x	3x
Wed, 01 Dec 2021	RM65.3b	RM23.3b	RM1.7b	38.7x	38.8x	2.8x
Fri, 29 Oct 2021	RM65.2b	RM21.7b	RM1.7b	42.6x	39.2x	3x
Sun, 26 Sep 2021	RM66.0b	RM21.7b	RM1.7b	42.8x	39.7x	3x
Tue, 24 Aug 2021	RM58.9b	RM21.8b	RM1.7b	42.9x	35.4x	2.7x
Wed, 30 Jun 2021	RM55.9b	RM21.8b	RM1.7b	47x	33.6x	2.6x
Sat, 03 Apr 2021	RM54.4b	RM19.3b	RM1.1b	52.2x	51.7x	2.8x
Tue, 05 Jan 2021	RM55.9b	RM19.0b	RM377.1m	47.6x	148.3x	2.9x
Fri, 09 Oct 2020	RM52.0b	RM18.8b	-RM117,714,427.00	41.6x	-442x	2.8x
Thu, 02 Jul 2020	RM53.8b	RM19.2b	-RM189,662,467.00	44.1x	-283.7x	2.8x
Sun, 05 Apr 2020	RM50.9b	RM20.7b	RM156.0m	34.6x	326.1x	2.5x

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 28.1x which is higher than its 3-year average PE of 2.4x.

Past Earnings Growth

The earnings for companies in the Healthcare industry have grown 57% per year over the last three years.
Revenues for these companies have grown 6.0% 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 industry?

Industry PE

Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 10.5%, which is lower than the prior year's growth of 73.0% per year.

Investors are most pessimistic about the Healthcare Distributors industry, which is trading below its 3-year average of 13.2x.

Forecasted Growth

Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 17% over the next 5 years.
However this is lower than its past earnings growth rate of 72% per year.

In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 9.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
IHH IHH Healthcare Berhad	RM6.03	1.3% +RM704.5m	-6.7%	PE30.6x
KPJ KPJ Healthcare Berhad	RM1.02	2.0% +RM86.9m	-1.0%	PE36.3x
FOCUSP Focus Point Holdings Berhad	RM1.29	21.7% +RM75.9m	84.3%	PE12.3x
HONGSENG Hong Seng Consolidated Berhad	RM0.19	5.6% +RM51.1m	-86.3%	PE10x
TMCLIFE TMC Life Sciences Berhad	RM0.65	3.2% +RM34.8m	19.3%	PE26x

Company

Last Price

Valuation

IHH IHH Healthcare Berhad

RM6.03

1.3%
+RM704.5m

-6.7%

PE30.6x

KPJ KPJ Healthcare Berhad

RM1.02

2.0%
+RM86.9m

-1.0%