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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedJun 04, 2024
DataAggregated Company Financials
Companies12
  • 7D-2.1%
  • 3M3.5%
  • 1Y12.2%
  • YTD5.4%

Over the last 7 days, the Healthcare Services industry has dropped 2.1%, driven by KPJ Healthcare Berhad declining 2.6%. In contrast, Hong Seng Consolidated Berhad has gained 50%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 1.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Jun 2024RM67.2bRM26.5bRM2.8b27.5x24.3x2.5x
Thu, 02 May 2024RM69.0bRM25.5bRM3.4b27x20.4x2.7x
Sat, 30 Mar 2024RM66.0bRM25.5bRM3.4b28.5x19.5x2.6x
Mon, 26 Feb 2024RM64.4bRM25.9bRM2.8b23.5x23x2.5x
Wed, 24 Jan 2024RM63.1bRM25.8bRM2.8b24.2x22.8x2.4x
Fri, 22 Dec 2023RM62.6bRM25.8bRM2.8b25.3x22.6x2.4x
Sun, 19 Nov 2023RM61.6bRM23.4bRM2.4b24.9x25.2x2.6x
Tue, 17 Oct 2023RM61.3bRM23.4bRM2.4b25.5x25.2x2.6x
Thu, 14 Sep 2023RM61.1bRM23.4bRM2.4b26.1x25.1x2.6x
Sat, 12 Aug 2023RM61.5bRM23.0bRM2.7b24.9x22.5x2.7x
Mon, 10 Jul 2023RM59.1bRM23.0bRM2.7b23.6x21.6x2.6x
Wed, 07 Jun 2023RM60.1bRM22.9bRM2.7b25.1x21.9x2.6x
Fri, 05 May 2023RM59.4bRM21.9bRM1.8b27.6x32.3x2.7x
Sun, 02 Apr 2023RM59.1bRM21.9bRM1.8b28.4x32.2x2.7x
Tue, 28 Feb 2023RM60.1bRM25.0bRM2.2b27.3x26.8x2.4x
Thu, 26 Jan 2023RM61.3bRM24.9bRM2.2b29.3x27.9x2.5x
Sat, 24 Dec 2022RM63.3bRM24.9bRM2.2b30.2x28.8x2.5x
Mon, 21 Nov 2022RM60.5bRM25.8bRM2.5b24.1x24.2x2.3x
Wed, 19 Oct 2022RM60.6bRM25.8bRM2.5b25.1x24.3x2.3x
Fri, 16 Sep 2022RM64.9bRM25.8bRM2.5b27.6x26x2.5x
Sun, 14 Aug 2022RM66.9bRM25.9bRM2.3b27.3x29x2.6x
Tue, 12 Jul 2022RM65.6bRM25.9bRM2.3b27.8x28.5x2.5x
Thu, 09 Jun 2022RM64.2bRM25.7bRM2.2b30.3x29.4x2.5x
Sat, 07 May 2022RM64.2bRM25.2bRM2.1b32.1x31.3x2.5x
Mon, 04 Apr 2022RM62.5bRM25.2bRM2.1b31x30.5x2.5x
Wed, 02 Mar 2022RM65.5bRM25.1bRM2.1b37.6x31.9x2.6x
Fri, 28 Jan 2022RM63.4bRM24.2bRM1.9b37.5x32.9x2.6x
Sun, 26 Dec 2021RM65.1bRM24.2bRM1.9b38.2x33.8x2.7x
Tue, 23 Nov 2021RM66.0bRM23.2bRM1.7b41.2x38.7x2.8x
Thu, 21 Oct 2021RM65.8bRM21.7bRM1.7b43.2x39.6x3x
Sat, 18 Sep 2021RM66.5bRM21.7bRM1.7b42.1x40x3.1x
Mon, 16 Aug 2021RM58.8bRM21.8bRM1.7b40.2x35.3x2.7x
Price to Earnings Ratio

33.6x


Total Market Cap: RM55.9bTotal Earnings: RM1.7bTotal Revenue: RM21.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 28.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Malaysian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.3x which is lower than its 3-year average PE of 28.4x.
  • 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 18% per year over the last three years.
  • Revenues for these companies have grown 6.7% 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-1.47%
Healthcare-2.62%
Healthcare Services-2.13%
Managed Healthcare0%
Healthcare Facilities-2.07%
Healthcare Services-2.78%
Healthcare Distributors-5.85%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 40.2x.
    • Analysts are expecting annual earnings growth of 16.8%, which is higher than its past year's earnings decline of 5.4% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 29.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 22% over the next 5 years.
  • However this is lower than its past earnings growth rate of 45% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HONGSENG Hong Seng Consolidated BerhadRM0.01550.0%
+RM25.5m
-82.4%PS8.7x
OPTIMAX Optimax Holdings BerhadRM0.693.8%
+RM13.6m
-4.9%PE29x
UMC UMediC Group BerhadRM0.732.1%
+RM5.6m
-2.7%PE27.9x
CENGILD Cengild Medical BerhadRM0.321.6%
+RM4.2m
-22.2%PE22.2x
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Latest News

CENGILD

RM0.32

Cengild Medical Berhad

7D

1.6%

1Y

-22.2%

IHH

RM6.19

IHH Healthcare Berhad

7D

-0.2%

1Y

5.3%

OPTIMAX

RM0.69

Optimax Holdings Berhad

7D

3.8%

1Y

-4.9%

FOCUSP

RM0.82

Focus Point Holdings Berhad

7D

-3.0%

1Y

12.3%

TMCLIFE

RM0.67

TMC Life Sciences Berhad

7D

-2.2%

1Y

11.7%

G3

RM0.025

G3 Global Berhad

7D

-16.7%

1Y

0%

HONGSENG

RM0.015

Hong Seng Consolidated Berhad

7D

50.0%

1Y

-82.4%

ALPHA

RM0.30

Alpha IVF Group Berhad

7D

-3.2%

1Y

n/a

UMC

RM0.73

UMediC Group Berhad

7D

2.1%

1Y

-2.7%

SMILE

RM0.15

Smile-Link Healthcare Global Berhad

7D

-6.3%

1Y

-16.7%