Malaysian (KLSE) Healthcare Services Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies6
- 7D0.03%
- 3M-9.7%
- 1Y-51.1%
- YTD-27.8%
Over the last 7 days, the Healthcare Services industry has dropped 1.3%, driven by pullbacks in Hong Seng Consolidated Berhad and DC Healthcare Holdings Berhad of 10.0% and 5.0%, respectively. The industry has fallen 55% in the last year. Looking forward, earnings are forecast to grow by 22% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | RM2.6b | RM507.6m | RM32.3m | 46.8x | 79.4x | 5.1x |
| Sat, 19 Aug 2023 | RM2.7b | RM495.1m | RM68.2m | 36.6x | 39.7x | 5.5x |
| Mon, 17 Jul 2023 | RM2.3b | RM495.1m | RM68.2m | 36.6x | 34.3x | 4.7x |
| Wed, 14 Jun 2023 | RM2.3b | RM495.1m | RM68.2m | 36.9x | 34.4x | 4.7x |
| Fri, 12 May 2023 | RM2.4b | RM585.7m | RM112.0m | 26.5x | 21.3x | 4.1x |
| Sun, 09 Apr 2023 | RM2.4b | RM585.7m | RM112.0m | 27x | 21.5x | 4.1x |
| Tue, 07 Mar 2023 | RM2.6b | RM585.7m | RM112.0m | 27.6x | 23x | 4.4x |
| Thu, 02 Feb 2023 | RM3.0b | RM640.7m | RM161.7m | 27.6x | 18.7x | 4.7x |
| Sat, 31 Dec 2022 | RM3.1b | RM640.7m | RM161.7m | 27.3x | 19.2x | 4.9x |
| Mon, 28 Nov 2022 | RM3.0b | RM641.8m | RM163.4m | 23.8x | 18.3x | 4.7x |
| Wed, 26 Oct 2022 | RM3.0b | RM680.8m | RM199.5m | 24.7x | 15x | 4.4x |
| Fri, 23 Sep 2022 | RM3.9b | RM680.8m | RM199.5m | 25.8x | 19.7x | 5.8x |
| Sun, 21 Aug 2022 | RM4.3b | RM664.7m | RM162.7m | 31.6x | 26.6x | 6.5x |
| Tue, 19 Jul 2022 | RM4.4b | RM655.1m | RM160.1m | 31.6x | 27.2x | 6.6x |
| Thu, 16 Jun 2022 | RM1.7b | RM397.4m | RM42.0m | 41.8x | 40x | 4.2x |
| Sat, 14 May 2022 | RM1.7b | RM375.6m | RM39.0m | 44.6x | 44.5x | 4.6x |
| Mon, 11 Apr 2022 | RM1.8b | RM375.6m | RM39.0m | 46x | 46.5x | 4.8x |
| Wed, 09 Mar 2022 | RM1.7b | RM375.6m | RM39.0m | 42.7x | 42.9x | 4.4x |
| Fri, 04 Feb 2022 | RM1.7b | RM351.2m | RM35.7m | 51.7x | 46.3x | 4.7x |
| Sun, 02 Jan 2022 | RM1.7b | RM351.2m | RM35.7m | 48.9x | 46.3x | 4.7x |
| Tue, 30 Nov 2021 | RM1.7b | RM351.2m | RM35.7m | 49x | 47.5x | 4.8x |
| Thu, 28 Oct 2021 | RM1.7b | RM337.7m | RM36.6m | 48.4x | 46.9x | 5.1x |
| Sat, 25 Sep 2021 | RM1.7b | RM337.7m | RM36.6m | 48.3x | 45.4x | 4.9x |
| Mon, 23 Aug 2021 | RM1.8b | RM361.2m | RM40.0m | 51.6x | 46.3x | 5.1x |
| Sat, 10 Jul 2021 | RM2.0b | RM361.2m | RM40.0m | 53.8x | 48.9x | 5.4x |
| Fri, 02 Apr 2021 | RM2.2b | RM328.3m | RM31.8m | 76.7x | 69.4x | 6.7x |
| Mon, 04 Jan 2021 | RM1.9b | RM319.5m | RM29.5m | 55.6x | 63.2x | 5.8x |
| Thu, 08 Oct 2020 | RM1.5b | RM315.1m | RM27.7m | 50x | 54.6x | 4.8x |
Price to Earnings Ratio
54.6x
Current Industry PE
- Investors are optimistic on the Malaysian Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 79.8x which is higher than its 3-year average PE of 42.3x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 5.3% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Malaysian Healthcare Services compare with similar industries?
| MY Market | 0.79% | |
| Healthcare | 0.36% | |
| Healthcare Services | 0.24% | |
| Healthcare Services | 0.031% | |
| Healthcare Facilities | 0.25% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -0.93% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TMCLIFE TMC Life Sciences Berhad | RM0.61 | 0.8% +RM8.7m | -2.4% | PE27.1x |