Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies16
  • 7D2.4%
  • 3M15.7%
  • 1Y15.7%
  • YTD14.2%

In the last week, the Healthcare Services industry is up 2.4%, with IHH Healthcare Berhad up 2.2%. In the last 12 months, the industry was up 16%. Looking forward, earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025RM 93.5bRM 35.6bRM 2.9b23.3x32.6x2.6x
Thu, 13 Nov 2025RM 88.7bRM 30.5bRM 2.7b25.6x33.1x2.9x
Sat, 11 Oct 2025RM 87.3bRM 30.5bRM 2.7b27.7x32.6x2.9x
Mon, 08 Sep 2025RM 75.4bRM 30.5bRM 2.7b24.2x28.2x2.5x
Wed, 06 Aug 2025RM 76.4bRM 30.1bRM 2.9b23x26.7x2.5x
Fri, 04 Jul 2025RM 75.7bRM 30.0bRM 2.8b24.1x26.6x2.5x
Sun, 01 Jun 2025RM 76.4bRM 30.0bRM 2.8b24.6x26.8x2.5x
Tue, 29 Apr 2025RM 76.3bRM 29.6bRM 3.0b23.7x25.2x2.6x
Thu, 27 Mar 2025RM 76.2bRM 29.6bRM 3.0b25.1x25.2x2.6x
Sat, 22 Feb 2025RM 79.0bRM 28.1bRM 3.0b24.2x26.2x2.8x
Mon, 20 Jan 2025RM 77.0bRM 28.1bRM 3.0b24.6x25.4x2.7x
Wed, 18 Dec 2024RM 77.3bRM 28.1bRM 3.0b25.6x25.5x2.8x
Fri, 15 Nov 2024RM 76.9bRM 28.0bRM 3.0b24.9x25.3x2.7x
Sun, 13 Oct 2024RM 77.1bRM 28.0bRM 3.0b24.4x25.4x2.8x
Tue, 10 Sep 2024RM 71.7bRM 28.0bRM 3.0b24.8x23.6x2.6x
Thu, 08 Aug 2024RM 67.1bRM 26.5bRM 2.7b25.4x24.5x2.5x
Sat, 06 Jul 2024RM 68.4bRM 26.5bRM 2.7b27.4x25x2.6x
Mon, 03 Jun 2024RM 67.2bRM 26.5bRM 2.8b27.5x24.3x2.5x
Wed, 01 May 2024RM 69.0bRM 25.5bRM 3.4b27x20.4x2.7x
Fri, 29 Mar 2024RM 65.7bRM 25.5bRM 3.4b27.2x19.4x2.6x
Sun, 25 Feb 2024RM 64.4bRM 25.9bRM 2.8b23.5x23x2.5x
Tue, 23 Jan 2024RM 62.8bRM 25.8bRM 2.8b24.1x22.7x2.4x
Thu, 21 Dec 2023RM 62.7bRM 25.8bRM 2.8b25.3x22.6x2.4x
Sat, 18 Nov 2023RM 61.6bRM 23.4bRM 2.4b24.9x25.2x2.6x
Mon, 16 Oct 2023RM 61.3bRM 23.4bRM 2.4b25.5x25.2x2.6x
Wed, 13 Sep 2023RM 61.2bRM 23.4bRM 2.4b25.9x25.2x2.6x
Fri, 11 Aug 2023RM 61.6bRM 23.0bRM 2.7b24.7x22.5x2.7x
Sun, 09 Jul 2023RM 59.1bRM 23.0bRM 2.7b23.6x21.6x2.6x
Tue, 06 Jun 2023RM 58.6bRM 22.9bRM 2.7b25.5x21.4x2.6x
Thu, 04 May 2023RM 59.4bRM 21.9bRM 1.8b27.6x32.3x2.7x
Sat, 01 Apr 2023RM 59.1bRM 21.9bRM 1.8b28.4x32.2x2.7x
Mon, 27 Feb 2023RM 61.2bRM 25.0bRM 2.2b27.7x27.3x2.5x
Wed, 25 Jan 2023RM 61.3bRM 24.9bRM 2.2b29.5x27.9x2.5x
Fri, 23 Dec 2022RM 61.8bRM 24.9bRM 2.2b30.1x28.1x2.5x
Price to Earnings Ratio

28.1x


Total Market Cap: RM 61.8bTotal Earnings: RM 2.2bTotal Revenue: RM 24.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 25.9x202320242025
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 32.6x which is higher than its 3-year average PE of 25.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market0.86%
Healthcare1.97%
Healthcare Services2.39%
Healthcare Distributors7.37%
Healthcare Facilities2.38%
Healthcare Services-0.34%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 43.1%, which is higher than its past year's earnings decline of 9.8% 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 43% over the next 5 years.
  • This is better than its past earnings decline of 9.8% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 8.4% 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 BerhadRM 8.702.2%
+RM 1.7b		21.7%PE33.4x
PHARMA Pharmaniaga BerhadRM 0.256.4%
+RM 98.4m		-29.6%PE38x
G3 G3 Global BerhadRM 0.0233.3%
+RM 20.8m		0%PS6x
TMCLIFE TMC Life Sciences BerhadRM 0.451.1%
+RM 8.7m		-10.0%PE154.2x
UMC UMediC Group BerhadRM 0.354.5%
+RM 5.6m		-44.0%PE16.2x

Latest News

UMC
RM 0.35
UMediC Group Berhad
7D
4.5%
1Y
-44.0%
KPJ
RM 2.60
KPJ Healthcare Berhad
7D
-1.1%
1Y
8.3%

Calculating The Intrinsic Value Of KPJ Healthcare Berhad (KLSE:KPJ)

Dec 15
Calculating The Intrinsic Value Of KPJ Healthcare Berhad (KLSE:KPJ)
METRO
RM 0.23
Metro Healthcare Berhad
7D
2.2%
1Y
12.2%
TOPVISN
RM 0.19
Topvision Eye Specialist Berhad
7D
-2.6%
1Y
-44.1%
IHH
RM 8.70
IHH Healthcare Berhad
7D
2.2%
1Y
21.7%

IHH: Future Margins And Payout Will Sustain A Balanced Outlook

Analysts have raised their price target for IHH Healthcare Berhad from RM8.53 to RM8.86, citing modest improvements in fair value estimates and profit margins, despite slightly lower revenue growth assumptions. Valuation Changes The Fair Value Estimate has increased slightly from MYR8.53 to MYR8.86 per share.
FOCUSP
RM 0.48
Focus Point Holdings Berhad
7D
1.1%
1Y
-20.0%

Focus Point Holdings Berhad's (KLSE:FOCUSP) Conservative Accounting Might Explain Soft Earnings

Nov 27
Focus Point Holdings Berhad's (KLSE:FOCUSP) Conservative Accounting Might Explain Soft Earnings
G3
RM 0.02
G3 Global Berhad
7D
33.3%
1Y
0%
DCHCARE
RM 0.12
DC Healthcare Holdings Berhad
7D
-4.0%
1Y
-29.4%
CENGILD
RM 0.22
Cengild Medical Berhad
7D
2.3%
1Y
-20.0%
TMCLIFE
RM 0.45
TMC Life Sciences Berhad
7D
1.1%
1Y
-10.0%
PMCK
RM 0.18
PMCK Berhad
7D
-10.0%
1Y
n/a
PHARMA
RM 0.25
Pharmaniaga Berhad
7D
6.4%
1Y
-29.6%