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Malaysian (KLSE) Medical Equipment Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
- 7D-0.5%
- 3M24.5%
- 1Y42.6%
- YTD41.3%
In the last week, the Medical Equipment industry is up 7.7%, with Supermax Corporation Berhad up 9.1%. During this same period, the Top Glove Corporation Bhd underperformed, falling 6.4%. This means that the industry has gained 47% over the past year. As for the next few years, earnings are expected to grow by 62% per annum.
Industry Valuation and Performance
Has the Malaysian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | RM 34.7b | RM 7.7b | -RM 253,597,401.00 | 123.5x | -136.7x | 4.5x |
| Mon, 18 Nov 2024 | RM 29.0b | RM 7.6b | -RM 169,246,401.00 | 105.9x | -171.5x | 3.8x |
| Wed, 16 Oct 2024 | RM 26.9b | RM 7.3b | -RM 91,916,016.00 | 79.1x | -292.9x | 3.7x |
| Fri, 13 Sep 2024 | RM 22.9b | RM 7.0b | -RM 596,680,016.00 | 65.1x | -38.4x | 3.3x |
| Sun, 11 Aug 2024 | RM 24.8b | RM 7.1b | -RM 633,098,075.00 | 83.6x | -39.1x | 3.5x |
| Tue, 09 Jul 2024 | RM 30.5b | RM 7.0b | -RM 717,271,870.00 | 501.6x | -42.6x | 4.4x |
| Thu, 06 Jun 2024 | RM 28.1b | RM 6.8b | -RM 898,530,870.00 | 471.2x | -31.2x | 4.1x |
| Sat, 04 May 2024 | RM 26.0b | RM 6.8b | -RM 1,366,372,449.00 | 440x | -19x | 3.8x |
| Mon, 01 Apr 2024 | RM 23.6b | RM 6.8b | -RM 1,365,501,576.00 | 349.9x | -17.3x | 3.5x |
| Wed, 28 Feb 2024 | RM 23.3b | RM 6.9b | -RM 1,488,871,847.00 | 348.1x | -15.7x | 3.4x |
| Fri, 26 Jan 2024 | RM 25.0b | RM 7.1b | -RM 1,635,988,368.00 | 468.9x | -15.3x | 3.5x |
| Sun, 24 Dec 2023 | RM 24.3b | RM 7.1b | -RM 1,635,988,368.00 | 407.2x | -14.8x | 3.4x |
| Tue, 21 Nov 2023 | RM 21.8b | RM 7.4b | -RM 1,749,065,368.00 | 366x | -12.4x | 2.9x |
| Thu, 19 Oct 2023 | RM 19.3b | RM 7.7b | -RM 1,774,706,939.00 | n/a | -10.9x | 2.5x |
| Sat, 16 Sep 2023 | RM 19.8b | RM 8.2b | -RM 1,374,518,716.00 | n/a | -14.4x | 2.4x |
| Mon, 14 Aug 2023 | RM 19.7b | RM 8.4b | -RM 1,308,534,919.00 | n/a | -15x | 2.3x |
| Wed, 12 Jul 2023 | RM 20.0b | RM 9.1b | -RM 1,101,946,402.00 | 78.8x | -18.2x | 2.2x |
| Fri, 09 Jun 2023 | RM 23.0b | RM 10.1b | -RM 895,823,918.00 | 84.2x | -25.6x | 2.3x |
| Sun, 07 May 2023 | RM 20.9b | RM 10.8b | -RM 717,656,047.00 | 72.8x | -29.1x | 1.9x |
| Tue, 04 Apr 2023 | RM 21.1b | RM 11.1b | -RM 603,786,526.00 | 21.8x | -34.9x | 1.9x |
| Thu, 02 Mar 2023 | RM 16.0b | RM 11.9b | -RM 371,626,759.00 | 17.4x | -43x | 1.3x |
| Sat, 28 Jan 2023 | RM 18.8b | RM 14.2b | RM 804.4m | 16.6x | 23.3x | 1.3x |
| Mon, 26 Dec 2022 | RM 18.1b | RM 14.2b | RM 815.1m | 16.6x | 22.2x | 1.3x |
| Wed, 23 Nov 2022 | RM 19.5b | RM 16.5b | RM 1.9b | 32.3x | 10.5x | 1.2x |
| Fri, 21 Oct 2022 | RM 18.5b | RM 18.7b | RM 3.3b | 6x | 5.7x | 1x |
| Sun, 18 Sep 2022 | RM 17.0b | RM 19.7b | RM 3.8b | 5.1x | 4.5x | 0.9x |
| Tue, 16 Aug 2022 | RM 18.1b | RM 21.4b | RM 4.8b | 4.7x | 3.7x | 0.8x |
| Thu, 14 Jul 2022 | RM 23.3b | RM 26.1b | RM 8.0b | 2.8x | 2.9x | 0.9x |
| Sat, 11 Jun 2022 | RM 28.6b | RM 26.1b | RM 10.0b | 3.3x | 2.9x | 1.1x |
| Mon, 09 May 2022 | RM 36.4b | RM 31.8b | RM 12.5b | 2.4x | 2.9x | 1.1x |
| Wed, 06 Apr 2022 | RM 42.7b | RM 33.3b | RM 13.5b | 2x | 3.2x | 1.3x |
| Fri, 04 Mar 2022 | RM 40.8b | RM 37.2b | RM 16.3b | 1.7x | 2.5x | 1.1x |
| Sun, 30 Jan 2022 | RM 45.1b | RM 40.3b | RM 18.5b | 1.6x | 2.4x | 1.1x |
| Tue, 28 Dec 2021 | RM 48.0b | RM 40.3b | RM 18.5b | 1.8x | 2.6x | 1.2x |
Price to Earnings Ratio
2.6x
Current Industry PE
- Investors are optimistic on the Malaysian Medical Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- Total earnings for the Medical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 42% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Healthcare industry?
| MY Market | -0.98% | |
| Healthcare | -1.02% | |
| Medical Equipment | -0.50% | |
| Medical Supplies | -0.49% | |
| Medical Equipment | -8.70% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 62% over the next 5 years.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 62% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SUPERMX Supermax Corporation Berhad | RM 1.20 | 9.1% +RM 254.8m | 27.7% | PS4.4x | |
| KOSSAN Kossan Rubber Industries Bhd | RM 2.73 | 3.0% +RM 204.1m | 53.4% | PE75.5x | |
| HARTA Hartalega Holdings Berhad | RM 3.91 | 0.8% +RM 102.4m | 47.5% | PE171.5x | |
| ONEGLOVE One Glove Group Berhad | RM 0.23 | 4.7% +RM 5.5m | -2.2% | PS4.6x |
