Hartalega Holdings Berhad (KLSE:HARTA) Will Want To Turn Around Its Return Trends
Jul 26
Malaysian (KLSE) Medical Equipment Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies9
- 7D-4.3%
- 3M26.1%
- 1Y48.8%
- YTD23.1%
Over the last 7 days, the Medical Equipment industry has dropped 4.3%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 49%. As for the next few years, earnings are expected to grow by 77% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | RM 30.2b | RM 7.0b | -RM 717,271,870.00 | 494.9x | -42.1x | 4.3x |
| Sun, 23 Jun 2024 | RM 29.9b | RM 7.0b | -RM 717,271,870.00 | 502.9x | -41.7x | 4.3x |
| Tue, 21 May 2024 | RM 31.7b | RM 6.8b | -RM 1,365,561,387.00 | 474.5x | -23.2x | 4.6x |
| Thu, 18 Apr 2024 | RM 23.9b | RM 6.8b | -RM 1,365,501,576.00 | 376.8x | -17.5x | 3.5x |
| Sat, 16 Mar 2024 | RM 22.7b | RM 6.9b | -RM 1,478,970,576.00 | 333.7x | -15.4x | 3.3x |
| Mon, 12 Feb 2024 | RM 24.0b | RM 7.1b | -RM 1,581,698,368.00 | 448.3x | -15.2x | 3.4x |
| Wed, 10 Jan 2024 | RM 26.7b | RM 7.1b | -RM 1,635,988,368.00 | 471.2x | -16.3x | 3.7x |
| Fri, 08 Dec 2023 | RM 21.7b | RM 7.3b | -RM 1,747,934,368.00 | 379.7x | -12.4x | 3x |
| Sun, 05 Nov 2023 | RM 19.0b | RM 7.7b | -RM 1,766,124,368.00 | n/a | -10.7x | 2.5x |
| Tue, 03 Oct 2023 | RM 19.6b | RM 8.2b | -RM 1,374,518,716.00 | n/a | -14.2x | 2.4x |
| Thu, 31 Aug 2023 | RM 18.6b | RM 8.2b | -RM 1,374,518,716.00 | n/a | -13.6x | 2.3x |
| Sat, 29 Jul 2023 | RM 20.7b | RM 8.9b | -RM 1,151,238,402.00 | n/a | -17.9x | 2.3x |
| Mon, 26 Jun 2023 | RM 19.8b | RM 9.1b | -RM 1,041,705,918.00 | 79.4x | -19x | 2.2x |
| Wed, 24 May 2023 | RM 25.7b | RM 10.1b | -RM 895,823,918.00 | 90.2x | -28.7x | 2.6x |
| Fri, 21 Apr 2023 | RM 21.4b | RM 11.1b | -RM 603,786,526.00 | 21x | -35.5x | 1.9x |
| Sun, 19 Mar 2023 | RM 19.8b | RM 11.1b | -RM 603,786,526.00 | 19.9x | -32.9x | 1.8x |
| Tue, 14 Feb 2023 | RM 16.8b | RM 13.7b | RM 513.4m | 7.3x | 32.7x | 1.2x |
| Thu, 12 Jan 2023 | RM 17.7b | RM 14.2b | RM 804.4m | 16x | 22x | 1.2x |
| Sat, 10 Dec 2022 | RM 17.9b | RM 15.2b | RM 1.2b | 26.1x | 15.3x | 1.2x |
| Mon, 07 Nov 2022 | RM 19.2b | RM 17.9b | RM 2.7b | 7.6x | 7x | 1.1x |
| Wed, 05 Oct 2022 | RM 16.0b | RM 18.7b | RM 3.3b | 5.4x | 4.9x | 0.9x |
| Fri, 02 Sep 2022 | RM 17.2b | RM 19.7b | RM 3.8b | 5.1x | 4.6x | 0.9x |
| Sun, 31 Jul 2022 | RM 23.3b | RM 24.5b | RM 7.0b | 3.8x | 3.3x | 1x |
| Tue, 28 Jun 2022 | RM 24.0b | RM 26.1b | RM 8.0b | 2.9x | 3x | 0.9x |
| Thu, 26 May 2022 | RM 33.4b | RM 30.4b | RM 11.2b | 2.3x | 3x | 1.1x |
| Sat, 23 Apr 2022 | RM 38.3b | RM 33.3b | RM 13.5b | 1.7x | 2.8x | 1.2x |
| Mon, 21 Mar 2022 | RM 39.8b | RM 33.3b | RM 13.5b | 1.7x | 3x | 1.2x |
| Wed, 16 Feb 2022 | RM 42.7b | RM 39.2b | RM 17.7b | 1.6x | 2.4x | 1.1x |
| Fri, 14 Jan 2022 | RM 48.8b | RM 40.3b | RM 18.5b | 1.8x | 2.6x | 1.2x |
| Sun, 12 Dec 2021 | RM 44.5b | RM 43.5b | RM 20.7b | 1.6x | 2.2x | 1x |
| Tue, 09 Nov 2021 | RM 51.2b | RM 43.4b | RM 20.9b | 1.7x | 2.5x | 1.2x |
| Thu, 07 Oct 2021 | RM 55.9b | RM 42.5b | RM 20.5b | 2x | 2.7x | 1.3x |
| Sat, 04 Sep 2021 | RM 71.1b | RM 41.9b | RM 20.5b | 2.9x | 3.5x | 1.7x |
| Mon, 02 Aug 2021 | RM 73.7b | RM 41.9b | RM 20.5b | 3.1x | 3.6x | 1.8x |
Price to Earnings Ratio
3.6x
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 2.0x is lower than the industry's current PS ratio of 4.3x.
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 45% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Healthcare industry?
| MY Market | -1.65% | |
| Healthcare | -1.76% | |
| Medical Equipment | -4.27% | |
| Medical Equipment | 0% | |
| Medical Supplies | -4.28% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 77% 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 77% 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 | |
|---|---|---|---|---|---|
| LKL LKL International Berhad | RM 0.14 | 11.5% +RM 5.8m | -6.5% | PS1.3x |