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Malaysian (KLSE) Medical Equipment Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.1%
  • 3M15.8%
  • 1Y-40.2%
  • YTD9.0%

Over the last 7 days, the Medical Equipment industry has dropped 1.1%, driven by Hartalega Holdings Berhad declining 1.8%. Meanwhile, LKL International Berhad actually outperformed within the industry, gaining 50% in the last week. The industry has fallen 40% in the last year. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

Has the Malaysian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 May 2026RM 13.6bRM 8.9b-RM 171,892,265.0041.8x-79.4x1.5x
Tue, 31 Mar 2026RM 12.9bRM 8.9b-RM 172,230,604.0036.4x-74.6x1.4x
Thu, 26 Feb 2026RM 11.6bRM 8.8b-RM 138,137,497.0029.9x-84x1.3x
Sat, 24 Jan 2026RM 11.8bRM 9.1b-RM 119,385,497.0030.5x-98.8x1.3x
Mon, 22 Dec 2025RM 13.0bRM 9.1b-RM 119,385,497.0033.7x-109.2x1.4x
Wed, 19 Nov 2025RM 12.7bRM 9.3b-RM 85,440,497.0029.6x-148.7x1.4x
Fri, 17 Oct 2025RM 14.9bRM 9.4b-RM 111,881,258.0035.7x-133.2x1.6x
Sun, 14 Sep 2025RM 13.6bRM 9.3b-RM 180,196,258.0049x-75.5x1.5x
Tue, 12 Aug 2025RM 14.2bRM 9.4b-RM 126,818,643.0051.1x-111.8x1.5x
Thu, 10 Jul 2025RM 16.8bRM 9.4b-RM 107,082,278.0050.2x-156.5x1.8x
Sat, 07 Jun 2025RM 19.3bRM 9.2b-RM 91,157,278.0057x-211.8x2.1x
Mon, 05 May 2025RM 22.9bRM 9.0b-RM 84,287,847.0066x-271.4x2.5x
Wed, 02 Apr 2025RM 20.1bRM 9.0b-RM 82,590,590.0059.1x-243.1x2.2x
Fri, 28 Feb 2025RM 23.3bRM 8.6b-RM 149,118,528.0073.5x-156.2x2.7x
Sun, 26 Jan 2025RM 30.5bRM 8.1b-RM 193,479,401.00105.6x-157.8x3.8x
Tue, 24 Dec 2024RM 34.4bRM 8.1b-RM 193,352,401.00120.8x-177.7x4.2x
Thu, 21 Nov 2024RM 30.6bRM 7.7b-RM 187,653,401.00112.3x-163.3x4x
Sat, 19 Oct 2024RM 26.7bRM 7.3b-RM 138,526,016.0078.7x-192.8x3.6x
Mon, 16 Sep 2024RM 22.9bRM 7.0b-RM 596,680,016.0065.1x-38.4x3.3x
Wed, 14 Aug 2024RM 23.9bRM 7.1b-RM 633,098,075.0081.1x-37.7x3.4x
Fri, 12 Jul 2024RM 30.8bRM 7.0b-RM 717,271,870.00505.6x-42.9x4.4x
Sun, 09 Jun 2024RM 30.1bRM 6.8b-RM 898,530,870.00503.1x-33.5x4.4x
Tue, 07 May 2024RM 26.0bRM 6.8b-RM 1,365,243,449.00438.1x-19x3.8x
Thu, 04 Apr 2024RM 24.2bRM 6.8b-RM 1,365,501,576.00373.2x-17.7x3.5x
Sat, 02 Mar 2024RM 22.8bRM 6.9b-RM 1,488,316,296.00339.1x-15.3x3.3x
Mon, 29 Jan 2024RM 25.6bRM 7.1b-RM 1,635,988,368.00482.6x-15.7x3.6x
Wed, 27 Dec 2023RM 24.7bRM 7.1b-RM 1,635,988,368.00418.6x-15.1x3.5x
Fri, 24 Nov 2023RM 23.9bRM 7.3b-RM 1,739,138,368.00400.3x-13.7x3.3x
Sun, 22 Oct 2023RM 19.1bRM 7.7b-RM 1,774,706,939.00n/a-10.8x2.5x
Tue, 19 Sep 2023RM 19.6bRM 8.2b-RM 1,374,518,716.00n/a-14.2x2.4x
Thu, 17 Aug 2023RM 19.6bRM 8.4b-RM 1,308,534,919.00n/a-15x2.3x
Sat, 15 Jul 2023RM 19.8bRM 9.1b-RM 1,101,946,402.0078.2x-17.9x2.2x
Mon, 12 Jun 2023RM 22.6bRM 10.1b-RM 895,823,918.0083.6x-25.3x2.3x
Wed, 10 May 2023RM 23.0bRM 10.8b-RM 717,656,047.0081.8x-32.1x2.1x
Price to Earnings Ratio

-32.1x


Total Market Cap: RM 23.0bTotal Earnings: -RM 717,656,047.00Total Revenue: RM 10.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Medical Equipment Industry Price to Earnings3Y Average -85.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 6.2% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Malaysian Healthcare industry?

MY Market0.18%
Healthcare-0.25%
Medical Equipment-1.09%
Medical Equipment50.00%
Medical Supplies-1.13%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 31% over the next 5 years.
    • This is roughly in line with its past earnings growth rate.
    • In contrast, the Medical Supplies industry is expected to see its earnings grow by 31% 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
    LKL LKL International BerhadRM 0.04550.0%
    +RM 5.8m
    -40.0%PS0.3x

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