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Malaysian (KLSE) Medical Equipment Industry Analysis

UpdatedMar 22, 2023
DataAggregated Company Financials
  • 7D31.7%
  • 3M27.7%
  • 1Y-47.1%
  • YTD15.2%

In the last week, the Medical Equipment industry is up 32%, with Top Glove Corporation Bhd up 36%. In the same time, One Glove Group Berhad was down 9.9%. However, the industry is down 47% over the past year. Looking forward, earnings are forecast to grow by 78% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Mar 2023RM21.3bRM11.1b-RM603,786,526.0021.2x-35.2x1.9x
Sat, 18 Feb 2023RM17.9bRM12.9bRM136.0m9.4x131.3x1.4x
Mon, 16 Jan 2023RM17.5bRM14.2bRM804.4m16x21.7x1.2x
Wed, 14 Dec 2022RM17.2bRM15.2bRM1.2b25.2x14.7x1.1x
Fri, 11 Nov 2022RM20.6bRM16.5bRM1.9b30x11.1x1.2x
Sun, 09 Oct 2022RM16.5bRM18.7bRM3.3b5.4x5.1x0.9x
Tue, 06 Sep 2022RM17.3bRM19.7bRM3.8b5.1x4.6x0.9x
Thu, 04 Aug 2022RM23.6bRM24.5bRM7.0b3.8x3.4x1x
Sat, 02 Jul 2022RM23.8bRM26.1bRM8.0b2.9x3x0.9x
Mon, 30 May 2022RM33.3bRM28.8bRM10.0b4.1x3.3x1.2x
Wed, 27 Apr 2022RM38.2bRM33.3bRM13.5b1.7x2.8x1.1x
Fri, 25 Mar 2022RM40.3bRM33.3bRM13.5b1.7x3x1.2x
Sun, 20 Feb 2022RM42.4bRM38.8bRM17.4b1.7x2.4x1.1x
Tue, 18 Jan 2022RM47.8bRM40.3bRM18.5b1.8x2.6x1.2x
Thu, 16 Dec 2021RM43.1bRM40.3bRM18.5b1.6x2.3x1.1x
Sat, 13 Nov 2021RM51.0bRM43.4bRM20.9b1.7x2.4x1.2x
Mon, 11 Oct 2021RM56.2bRM42.5bRM20.5b2x2.7x1.3x
Wed, 08 Sep 2021RM68.4bRM40.9bRM19.9b2.6x3.4x1.7x
Fri, 06 Aug 2021RM69.6bRM41.9bRM20.5b3.1x3.4x1.7x
Mon, 10 May 2021RM109.6bRM33.8bRM15.2b6.5x7.2x3.2x
Sun, 31 Jan 2021RM129.4bRM25.0bRM9.4b12.3x13.8x5.2x
Wed, 04 Nov 2020RM177.7bRM17.7bRM4.7b35.8x37.9x10x
Sat, 08 Aug 2020RM189.0bRM13.6bRM2.1b71.4x90.5x13.9x
Fri, 01 May 2020RM55.3bRM12.1bRM1.2b35.4x46.6x4.6x
Price to Earnings Ratio


Total Market Cap: RM48.9bTotal Earnings: RM1.2bTotal Revenue: RM12.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Medical Equipment Industry Price to Earnings3Y Average 17.5x202120222023
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 3.5x is higher than the industry's current PS ratio of 1.9x.
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 2.9% per year, which is driving profits down.

Industry Trends

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

MY Market0.79%
Medical Equipment31.67%
Medical Supplies31.71%
Medical Equipment0%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 78% over the next 5 years.
    • This is better than its past earnings decline of 95% per year.
    • In contrast, the Medical Supplies industry is expected to see its earnings grow by 78% 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
    TOPGLOV Top Glove Corporation BhdRM0.9535.7%
    HARTA Hartalega Holdings BerhadRM1.9725.5%
    KOSSAN Kossan Rubber Industries BhdRM1.3014.0%
    SUPERMX Supermax Corporation BerhadRM0.9214.3%
    CAREPLS Careplus Group BerhadRM0.3024.5%
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