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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies18
  • 7D-0.8%
  • 3M6.0%
  • 1Y28.2%
  • YTD8.1%

Last week, the Healthcare Services industry hasn't moved much but Sunway Healthcare Holdings Berhad is up 21% in that time. The past year has been better, since the industry has gained 28% in that time. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026RM 124.7bRM 37.8bRM 3.0b25.1x42.2x3.3x
Sat, 21 Feb 2026RM 97.0bRM 35.6bRM 2.9b24.2x34x2.7x
Mon, 19 Jan 2026RM 92.6bRM 35.6bRM 2.9b24.6x32.2x2.6x
Wed, 17 Dec 2025RM 94.2bRM 35.6bRM 2.9b23.1x32.8x2.7x
Fri, 14 Nov 2025RM 88.6bRM 30.5bRM 2.7b25.6x33.1x2.9x
Sun, 12 Oct 2025RM 87.3bRM 30.5bRM 2.7b27.7x32.6x2.9x
Tue, 09 Sep 2025RM 75.6bRM 30.5bRM 2.7b24.4x28.2x2.5x
Thu, 07 Aug 2025RM 77.4bRM 30.1bRM 2.9b22.6x27.1x2.6x
Sat, 05 Jul 2025RM 75.0bRM 30.0bRM 2.8b24.1x26.3x2.5x
Mon, 02 Jun 2025RM 76.4bRM 30.0bRM 2.8b24.6x26.8x2.5x
Wed, 30 Apr 2025RM 76.7bRM 29.6bRM 3.0b23.7x25.3x2.6x
Fri, 28 Mar 2025RM 75.9bRM 29.6bRM 3.0b25.4x25x2.6x
Sun, 23 Feb 2025RM 79.0bRM 28.1bRM 3.0b24.2x26.2x2.8x
Tue, 21 Jan 2025RM 76.9bRM 28.1bRM 3.0b24.8x25.4x2.7x
Thu, 19 Dec 2024RM 77.4bRM 28.1bRM 3.0b25.5x25.6x2.8x
Sat, 16 Nov 2024RM 77.7bRM 28.1bRM 3.0b25.2x25.6x2.8x
Mon, 14 Oct 2024RM 77.1bRM 28.0bRM 3.0b24.4x25.4x2.8x
Wed, 11 Sep 2024RM 73.2bRM 28.0bRM 3.0b24.7x24.1x2.6x
Fri, 09 Aug 2024RM 66.8bRM 26.5bRM 2.7b25.3x24.4x2.5x
Sun, 07 Jul 2024RM 68.4bRM 26.5bRM 2.7b27.4x25x2.6x
Tue, 04 Jun 2024RM 67.2bRM 26.5bRM 2.8b27.5x24.3x2.5x
Thu, 02 May 2024RM 69.0bRM 25.5bRM 3.4b27x20.4x2.7x
Sat, 30 Mar 2024RM 66.0bRM 25.5bRM 3.4b28.5x19.5x2.6x
Mon, 26 Feb 2024RM 64.4bRM 25.9bRM 2.8b23.5x23x2.5x
Wed, 24 Jan 2024RM 63.1bRM 25.8bRM 2.8b24.2x22.8x2.4x
Fri, 22 Dec 2023RM 62.6bRM 25.8bRM 2.8b25.3x22.6x2.4x
Sun, 19 Nov 2023RM 61.6bRM 23.4bRM 2.4b24.9x25.2x2.6x
Tue, 17 Oct 2023RM 61.3bRM 23.4bRM 2.4b25.5x25.2x2.6x
Thu, 14 Sep 2023RM 61.1bRM 23.4bRM 2.4b26.1x25.1x2.6x
Sat, 12 Aug 2023RM 61.5bRM 23.0bRM 2.7b24.9x22.5x2.7x
Mon, 10 Jul 2023RM 59.1bRM 23.0bRM 2.7b23.6x21.6x2.6x
Wed, 07 Jun 2023RM 60.1bRM 22.9bRM 2.7b25.1x21.9x2.6x
Fri, 05 May 2023RM 59.4bRM 21.9bRM 1.8b27.6x32.3x2.7x
Sun, 02 Apr 2023RM 59.1bRM 21.9bRM 1.8b28.4x32.2x2.7x
Price to Earnings Ratio

32.2x


Total Market Cap: RM 59.1bTotal Earnings: RM 1.8bTotal Revenue: RM 21.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 26.4x202420252026
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 42.2x which is higher than its 3-year average PE of 26.4x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
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 20% 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?

MY Market-1.21%
Healthcare-0.95%
Healthcare Services-0.82%
Healthcare Facilities-0.71%
Healthcare Services-1.70%
Healthcare Distributors-5.65%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 25.8x.
    • Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings decline of 9.7% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 119x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 2.2% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 13% 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
SUNMED Sunway Healthcare Holdings BerhadRM 2.2920.5%
+RM 4.5b		n/aPE104.4x
KPJ KPJ Healthcare BerhadRM 3.460.3%
+RM 44.3m		28.6%PE41.8x
LACMED LAC Med BerhadRM 0.831.8%
+RM 6.0m		n/aPE15.1x
METRO Metro Healthcare BerhadRM 0.222.3%
+RM 4.9m		7.3%PE37.5x

Latest News

IHH
RM 9.02
IHH Healthcare Berhad
7D
-0.1%
1Y
30.5%

IHH: Updated Growth And Margin Assumptions Will Support Balanced Future Outlook

Analysts have raised their price target for IHH Healthcare Berhad from MYR9.46 to MYR9.58, citing updated assumptions on revenue growth, profit margins, and a slightly lower future P/E multiple. Valuation Changes Fair Value: Revised slightly higher from MYR9.46 to MYR9.58 per share.
METRO
RM 0.22
Metro Healthcare Berhad
7D
2.3%
1Y
7.3%
KPJ
RM 3.46
KPJ Healthcare Berhad
7D
0.3%
1Y
28.6%
UMC
RM 0.31
UMediC Group Berhad
7D
-3.1%
1Y
-29.5%
OPTIMAX
RM 0.53
Optimax Holdings Berhad
7D
-0.9%
1Y
-4.5%
LACMED
RM 0.83
LAC Med Berhad
7D
1.8%
1Y
n/a
FOCUSP
RM 0.48
Focus Point Holdings Berhad
7D
-1.0%
1Y
-20.0%
ALPHA
RM 0.27
Alpha IVF Group Berhad
7D
-3.6%
1Y
-16.9%
TOPVISN
RM 0.15
Topvision Eye Specialist Berhad
7D
-3.1%
1Y
-29.5%
CENGILD
RM 0.21
Cengild Medical Berhad
7D
-4.4%
1Y
-15.7%
PHARMA
RM 0.24
Pharmaniaga Berhad
7D
-7.7%
1Y
0%