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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies18
  • 7D0.7%
  • 3M-4.4%
  • 1Y24.4%
  • YTD2.1%

In the last week, the Healthcare Services industry is flat overall, with Hong Seng Consolidated Berhad standing out by going down 67%. As for the the longer term, the industry is up 24% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026RM 117.8bRM 38.4bRM 3.0b26.2x39.6x3.1x
Thu, 21 May 2026RM 120.9bRM 37.9bRM 2.9b23.9x41x3.2x
Sat, 18 Apr 2026RM 118.3bRM 37.8bRM 3.0b23.6x40.1x3.1x
Mon, 16 Mar 2026RM 98.4bRM 35.6bRM 2.7b24.6x36.4x2.8x
Wed, 11 Feb 2026RM 95.9bRM 35.6bRM 2.9b23.3x33.6x2.7x
Fri, 09 Jan 2026RM 93.4bRM 35.6bRM 2.9b24.7x32.5x2.6x
Sun, 07 Dec 2025RM 91.0bRM 35.4bRM 2.9b24.4x31.9x2.6x
Tue, 04 Nov 2025RM 90.5bRM 30.5bRM 2.7b26.5x33.8x3x
Thu, 02 Oct 2025RM 86.5bRM 30.5bRM 2.7b27.4x32.3x2.8x
Sat, 30 Aug 2025RM 75.4bRM 30.2bRM 2.9b22.2x26.3x2.5x
Mon, 28 Jul 2025RM 74.0bRM 30.1bRM 2.9b22.6x25.9x2.5x
Wed, 25 Jun 2025RM 72.7bRM 30.0bRM 2.8b24.1x25.6x2.4x
Fri, 23 May 2025RM 77.0bRM 29.6bRM 3.0b23.7x25.5x2.6x
Sun, 20 Apr 2025RM 76.2bRM 29.6bRM 3.0b23.6x25.2x2.6x
Tue, 18 Mar 2025RM 77.8bRM 29.6bRM 3.0b24.7x25.7x2.6x
Thu, 13 Feb 2025RM 79.0bRM 28.1bRM 3.0b24.4x26.2x2.8x
Sat, 11 Jan 2025RM 76.8bRM 28.1bRM 3.0b25.4x25.4x2.7x
Mon, 09 Dec 2024RM 79.7bRM 28.0bRM 3.0b25.9x26.4x2.8x
Wed, 06 Nov 2024RM 77.7bRM 28.0bRM 3.0b24.1x25.6x2.8x
Fri, 04 Oct 2024RM 77.2bRM 28.0bRM 3.0b24.3x25.5x2.8x
Sun, 01 Sep 2024RM 67.7bRM 28.0bRM 3.0b24.2x22.3x2.4x
Tue, 30 Jul 2024RM 67.7bRM 26.5bRM 2.7b26.1x24.7x2.6x
Thu, 27 Jun 2024RM 68.0bRM 26.5bRM 2.7b27.8x24.9x2.6x
Sat, 25 May 2024RM 68.5bRM 25.6bRM 3.4b28.1x20.3x2.7x
Mon, 22 Apr 2024RM 66.7bRM 25.5bRM 3.4b26.8x19.7x2.6x
Wed, 20 Mar 2024RM 64.3bRM 25.4bRM 3.3b25.6x19.3x2.5x
Fri, 16 Feb 2024RM 64.8bRM 25.8bRM 2.8b24.2x23.3x2.5x
Sun, 14 Jan 2024RM 63.2bRM 25.8bRM 2.8b24.9x22.8x2.4x
Tue, 12 Dec 2023RM 61.0bRM 25.8bRM 2.8b25.1x22x2.4x
Thu, 09 Nov 2023RM 62.0bRM 23.4bRM 2.4b25.3x25.5x2.6x
Sat, 07 Oct 2023RM 60.1bRM 23.4bRM 2.4b25.3x24.7x2.6x
Mon, 04 Sep 2023RM 60.6bRM 23.4bRM 2.4b26.5x24.9x2.6x
Wed, 02 Aug 2023RM 61.0bRM 23.0bRM 2.7b24.7x22.3x2.7x
Fri, 30 Jun 2023RM 60.0bRM 22.9bRM 2.7b24.9x21.9x2.6x
Price to Earnings Ratio

21.9x


Total Market Cap: RM 60.0bTotal Earnings: RM 2.7bTotal Revenue: RM 22.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 27.2x202420252026
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 39.6x which is higher than its 3-year average PE of 27.2x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.7% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market0.47%
Healthcare-0.12%
Healthcare Services0.68%
Healthcare Distributors4.20%
Healthcare Facilities0.70%
Healthcare Services-2.48%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 26.7x.
    • Analysts are expecting annual earnings growth of 14.6%, which is higher than its past year's earnings decline of 5.5% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 120x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 9.0% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 15% 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 1.842.2%
+RM 460.0m		n/aPE85.7x
IHH IHH Healthcare BerhadRM 8.710.2%
+RM 176.7m		27.2%PE36.4x
KPJ KPJ Healthcare BerhadRM 3.210.9%
+RM 132.8m		22.5%PE37.5x
PHARMA Pharmaniaga BerhadRM 1.203.4%
+RM 52.5m		2.1%PE31.2x
LACMED LAC Med BerhadRM 0.7411.3%
+RM 30.0m		n/aPE16.5x

Latest News

KPJ
RM 3.21
KPJ Healthcare Berhad
7D
0.9%
1Y
22.5%
IHH
RM 8.71
IHH Healthcare Berhad
7D
0.2%
1Y
27.2%
Narrative Update • Jun 16

IHH: Steady Margins And Stable Assumptions Will Support Bullish Outlook

Analysts have reaffirmed their MYR price target for IHH Healthcare Berhad at roughly MYR 10.13, citing updated assumptions around revenue growth, profit margins, and future P/E that remain broadly in line with previous forecasts. What's in the News for IHH Healthcare Berhad IHH Healthcare Berhad reported property, plant and equipment written off of MYR 1 million for the first quarter ended March 31, 2026, in line with the MYR 1 million written off in the same period a year earlier.
OPTIMAX
RM 0.52
Optimax Holdings Berhad
7D
-1.0%
1Y
3.0%
FOCUSP
RM 0.52
Focus Point Holdings Berhad
7D
3.0%
1Y
-5.0%
TMCLIFE
RM 0.45
TMC Life Sciences Berhad
7D
1.1%
1Y
8.4%
SUNMED
RM 1.84
Sunway Healthcare Holdings Berhad
7D
2.2%
1Y
n/a
METRO
RM 0.22
Metro Healthcare Berhad
7D
2.3%
1Y
10.0%
ALPHA
RM 0.24
Alpha IVF Group Berhad
7D
-2.0%
1Y
-12.5%
LACMED
RM 0.74
LAC Med Berhad
7D
11.3%
1Y
n/a
PHARMA
RM 1.20
Pharmaniaga Berhad
7D
3.4%
1Y
2.1%
HONGSENG
RM 0.005
Hong Seng Consolidated Berhad
7D
-66.7%
1Y
-50.0%