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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedJul 22, 2024
DataAggregated Company Financials
Companies12
  • 7D-0.5%
  • 3M1.8%
  • 1Y11.1%
  • YTD7.0%

Last week, the Healthcare Services industry hasn't moved much but Alpha IVF Group Berhad is up 3.1% in that time. As for the the longer term, the industry is up 11% over the past 12 months. As for the next few years, earnings are expected to grow by 1.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jul 2024RM 68.2bRM 26.5bRM 2.7b26.4x24.9x2.6x
Wed, 19 Jun 2024RM 68.3bRM 26.5bRM 2.7b28.2x25x2.6x
Fri, 17 May 2024RM 67.9bRM 25.5bRM 3.4b28.3x20.1x2.7x
Sun, 14 Apr 2024RM 66.7bRM 25.5bRM 3.4b28.5x19.7x2.6x
Tue, 12 Mar 2024RM 64.0bRM 25.4bRM 3.3b24.6x19.2x2.5x
Thu, 08 Feb 2024RM 64.0bRM 25.8bRM 2.8b23.3x23.1x2.5x
Sat, 06 Jan 2024RM 62.9bRM 25.8bRM 2.8b24.9x22.7x2.4x
Mon, 04 Dec 2023RM 60.8bRM 25.8bRM 2.8b24.9x21.9x2.4x
Wed, 01 Nov 2023RM 62.0bRM 23.4bRM 2.4b25.2x25.5x2.7x
Fri, 29 Sep 2023RM 61.2bRM 23.4bRM 2.4b25.7x25.1x2.6x
Sun, 27 Aug 2023RM 61.3bRM 23.0bRM 2.7b26.6x22.5x2.7x
Tue, 25 Jul 2023RM 60.2bRM 23.0bRM 2.7b24x22x2.6x
Thu, 22 Jun 2023RM 59.9bRM 22.9bRM 2.7b24.2x21.8x2.6x
Sat, 20 May 2023RM 60.6bRM 21.9bRM 1.8b27.7x33x2.8x
Mon, 17 Apr 2023RM 59.7bRM 21.9bRM 1.8b28.5x32.5x2.7x
Wed, 15 Mar 2023RM 60.3bRM 21.9bRM 1.8b27.4x32.9x2.8x
Fri, 10 Feb 2023RM 61.4bRM 24.9bRM 2.2b29.3x28x2.5x
Sun, 08 Jan 2023RM 62.2bRM 24.9bRM 2.2b29.9x28.3x2.5x
Tue, 06 Dec 2022RM 60.4bRM 24.9bRM 2.2b28.7x27.5x2.4x
Thu, 03 Nov 2022RM 61.0bRM 25.8bRM 2.5b26.2x24.4x2.4x
Sat, 01 Oct 2022RM 60.2bRM 25.8bRM 2.5b25.1x24.1x2.3x
Mon, 29 Aug 2022RM 65.6bRM 25.7bRM 2.5b22.6x26.5x2.6x
Wed, 27 Jul 2022RM 65.9bRM 25.9bRM 2.3b27x28.6x2.5x
Fri, 24 Jun 2022RM 62.5bRM 25.7bRM 2.2b29.6x28.6x2.4x
Sun, 22 May 2022RM 64.6bRM 25.2bRM 2.0b32.4x31.6x2.6x
Tue, 19 Apr 2022RM 63.8bRM 25.2bRM 2.1b31.8x31.1x2.5x
Thu, 17 Mar 2022RM 63.2bRM 25.2bRM 2.1b31.6x30.8x2.5x
Sat, 12 Feb 2022RM 65.5bRM 24.2bRM 1.9b39.5x34x2.7x
Mon, 10 Jan 2022RM 66.7bRM 24.2bRM 1.9b38.4x34.7x2.8x
Wed, 08 Dec 2021RM 64.9bRM 24.2bRM 1.9b36x33.7x2.7x
Fri, 05 Nov 2021RM 65.2bRM 21.7bRM 1.7b41.2x39.2x3x
Sun, 03 Oct 2021RM 66.6bRM 21.7bRM 1.7b43x40.1x3.1x
Tue, 31 Aug 2021RM 63.8bRM 21.8bRM 1.7b46.3x38.3x2.9x
Price to Earnings Ratio

35.3x


Total Market Cap: RM 58.8bTotal Earnings: RM 1.7bTotal Revenue: RM 21.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 28.1x202220232024
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 24.9x which is lower than its 3-year average PE of 28.1x.
  • 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 6.8% 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 Market0.61%
Healthcare0.023%
Healthcare Services-0.46%
Healthcare Services1.09%
Managed Healthcare0%
Healthcare Facilities-0.54%
Healthcare Distributors-0.98%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 41.2x.
    • Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings decline of 7.9% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 28.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
ALPHA Alpha IVF Group BerhadRM 0.333.1%
+RM 48.6m
n/aPE30.3x
PHARMA Pharmaniaga BerhadRM 0.452.3%
+RM 14.4m
15.4%PS0.2x
SMILE Smile-Link Healthcare Global BerhadRM 0.163.2%
+RM 1.3m
-17.9%PE443.5x
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Latest News

SMILE

RM 0.16

Smile-Link Healthcare Global Berhad

7D

3.2%

1Y

-17.9%

OPTIMAX

RM 0.69

Optimax Holdings Berhad

7D

-0.7%

1Y

-2.8%

DCHCARE

RM 0.21

DC Healthcare Holdings Berhad

7D

-4.4%

1Y

-52.2%

FOCUSP

RM 0.83

Focus Point Holdings Berhad

7D

-0.6%

1Y

4.4%

TMCLIFE

RM 0.65

TMC Life Sciences Berhad

7D

-1.5%

1Y

4.8%

ALPHA

RM 0.33

Alpha IVF Group Berhad

7D

3.1%

1Y

n/a