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Malaysian (KLSE) Medical Equipment Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies9
  • 7D-2.6%
  • 3M29.5%
  • 1Y29.5%
  • YTD26.5%

Over the last 7 days, the Medical Equipment industry has dropped 2.6%, driven by a pullback from Hartalega Holdings Berhad of 7.4%. This takes the industry's 12 month performance to a gain of 30%. Looking forward, earnings are forecast to grow by 76% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 May 2024RM31.0bRM6.9b-RM974,887,387.00511.7x-31.8x4.5x
Mon, 22 Apr 2024RM23.6bRM6.8b-RM1,365,501,576.00380.4x-17.3x3.5x
Wed, 20 Mar 2024RM22.6bRM6.9b-RM1,478,970,576.00340.9x-15.3x3.3x
Fri, 16 Feb 2024RM24.3bRM7.1b-RM1,581,698,368.00457.5x-15.4x3.4x
Sun, 14 Jan 2024RM25.7bRM7.1b-RM1,635,988,368.00468.9x-15.7x3.6x
Tue, 12 Dec 2023RM21.9bRM7.3b-RM1,746,515,368.00379.7x-12.5x3x
Thu, 09 Nov 2023RM21.0bRM7.6b-RM1,766,773,368.00n/a-11.9x2.8x
Sat, 07 Oct 2023RM19.2bRM8.2b-RM1,374,557,939.00n/a-14x2.3x
Mon, 04 Sep 2023RM18.5bRM8.2b-RM1,374,518,716.00n/a-13.5x2.3x
Wed, 02 Aug 2023RM21.7bRM8.9b-RM1,151,237,402.00n/a-18.8x2.5x
Fri, 30 Jun 2023RM19.0bRM9.1b-RM1,041,705,918.0076.4x-18.2x2.1x
Sun, 28 May 2023RM24.2bRM10.1b-RM895,823,918.0086.6x-27x2.4x
Tue, 25 Apr 2023RM21.4bRM11.1b-RM603,775,047.0021x-35.4x1.9x
Thu, 23 Mar 2023RM20.7bRM11.1b-RM603,786,526.0021.2x-34.3x1.9x
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
Price to Earnings Ratio

5.6x


Total Market Cap: RM95.1bTotal Earnings: RM16.9bTotal Revenue: RM36.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Medical Equipment Industry Price to Earnings3Y Average -3.9x202220232024
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 1.9x is lower than the industry's current PS ratio of 4.5x.
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 43% per year, which is driving profits down.

Industry Trends

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

MY Market1.62%
Healthcare-0.25%
Medical Equipment-2.55%
Medical Supplies-2.55%
Medical Equipment-3.70%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 76% over the next 5 years.
    • This is better than its past earnings growth rate of 62% per year.
    • In contrast, the Medical Supplies industry is expected to see its earnings grow by 76% 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 BerhadRM0.143.7%
    +RM1.9m
    0%PS1.2x
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    Latest News

    KOSSAN

    RM2.35

    Kossan Rubber Industries Bhd

    7D

    -5.2%

    1Y

    62.1%

    HARTA

    RM3.38

    Hartalega Holdings Berhad

    7D

    -7.4%

    1Y

    42.6%

    TOPGLOV

    RM1.13

    Top Glove Corporation Bhd

    7D

    -5.8%

    1Y

    -3.4%

    LKL

    RM0.14

    LKL International Berhad

    7D

    3.7%

    1Y

    0%

    ADVENTA

    RM0.33

    Adventa Berhad

    7D

    -12.0%

    1Y

    -42.6%

    CAREPLS

    RM0.33

    Careplus Group Berhad

    7D

    -5.8%

    1Y

    10.2%