Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?
Sep 20
Malaysian (KLSE) Medical Supplies Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies8
- 7D0.7%
- 3M-3.0%
- 1Y22.0%
- YTD6.4%
Over the last 7 days, the Medical Supplies industry has remained flat. The past year has been better, since the industry has gained 23% in that time. As for the next few years, earnings are expected to grow by 109% per annum.
Industry Valuation and Performance
Has the Malaysian Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | RM19.6b | RM8.1b | -RM1,358,194,996.00 | n/a | -14.4x | 2.4x |
| Sat, 19 Aug 2023 | RM19.4b | RM8.4b | -RM1,292,211,199.00 | n/a | -15x | 2.3x |
| Mon, 17 Jul 2023 | RM19.7b | RM9.0b | -RM1,085,622,682.00 | 78.2x | -18.2x | 2.2x |
| Wed, 14 Jun 2023 | RM22.7b | RM10.0b | -RM879,500,198.00 | 83.6x | -25.8x | 2.3x |
| Fri, 12 May 2023 | RM22.4b | RM10.3b | -RM805,870,647.00 | 81.8x | -27.8x | 2.2x |
| Sun, 09 Apr 2023 | RM22.3b | RM11.0b | -RM587,396,126.00 | 22.5x | -37.9x | 2x |
| Tue, 07 Mar 2023 | RM16.4b | RM11.9b | -RM335,182,126.00 | 17.9x | -48.8x | 1.4x |
| Thu, 02 Feb 2023 | RM17.7b | RM14.2b | RM840.8m | 16x | 21x | 1.2x |
| Sat, 31 Dec 2022 | RM18.9b | RM14.2b | RM840.8m | 17.1x | 22.5x | 1.3x |
| Mon, 28 Nov 2022 | RM19.4b | RM15.1b | RM1.2b | 30x | 16x | 1.3x |
| Wed, 26 Oct 2022 | RM17.8b | RM18.6b | RM3.3b | 4.6x | 5.4x | 1x |
| Fri, 23 Sep 2022 | RM15.0b | RM18.6b | RM3.8b | 3.8x | 3.9x | 0.8x |
| Sun, 21 Aug 2022 | RM18.5b | RM21.3b | RM4.9b | 3.4x | 3.8x | 0.9x |
| Tue, 19 Jul 2022 | RM23.5b | RM26.0b | RM8.1b | 2.9x | 2.9x | 0.9x |
| Thu, 16 Jun 2022 | RM24.8b | RM26.0b | RM8.1b | 3.1x | 3.1x | 1x |
| Sat, 14 May 2022 | RM35.8b | RM30.4b | RM11.2b | 2.4x | 3.2x | 1.2x |
| Mon, 11 Apr 2022 | RM41.6b | RM33.3b | RM13.5b | 2x | 3.1x | 1.3x |
| Wed, 09 Mar 2022 | RM38.7b | RM37.2b | RM16.3b | 1.5x | 2.4x | 1x |
| Fri, 04 Feb 2022 | RM45.3b | RM40.2b | RM18.5b | 1.6x | 2.5x | 1.1x |
| Sun, 02 Jan 2022 | RM50.4b | RM40.2b | RM18.5b | 1.8x | 2.7x | 1.3x |
| Tue, 30 Nov 2021 | RM60.8b | RM43.5b | RM20.7b | 2.3x | 2.9x | 1.4x |
| Thu, 28 Oct 2021 | RM53.3b | RM42.7b | RM20.7b | 1.8x | 2.6x | 1.2x |
| Sat, 25 Sep 2021 | RM53.8b | RM40.8b | RM19.9b | 2.2x | 2.7x | 1.3x |
| Mon, 23 Aug 2021 | RM70.9b | RM41.8b | RM20.5b | 3.1x | 3.5x | 1.7x |
| Sat, 10 Jul 2021 | RM76.5b | RM41.8b | RM20.5b | 2.9x | 3.7x | 1.8x |
| Fri, 02 Apr 2021 | RM86.0b | RM33.8b | RM15.2b | 4x | 5.7x | 2.5x |
| Mon, 04 Jan 2021 | RM119.1b | RM24.9b | RM9.4b | 10.6x | 12.7x | 4.8x |
| Thu, 08 Oct 2020 | RM164.2b | RM17.6b | RM4.7b | 28.9x | 35x | 9.3x |
Price to Earnings Ratio
35x
Current Industry PE
- Investors are relatively neutral on the Malaysian Health Care Supplies industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Health Care Supplies industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 23% per year, which is driving profits down.
Industry Comparison
How does Malaysian Medical Supplies compare with similar industries?
| MY Market | 0.79% | |
| Healthcare | 0.36% | |
| Medical Equipment | 0.68% | |
| Medical Supplies | 0.69% | |
| Medical Equipment | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HARTA Hartalega Holdings Berhad | RM2.12 | 4.4% +RM307.6m | 36.8% | PS3.6x | |
| TOPGLOV Top Glove Corporation Bhd | RM0.83 | 3.1% +RM200.2m | 28.7% | PS2.4x | |
| SUPERMX Supermax Corporation Berhad | RM0.85 | 6.2% +RM128.8m | 25.7% | PS2.7x | |
| KOSSAN Kossan Rubber Industries Bhd | RM1.41 | 3.7% +RM127.6m | 41.0% | PS1.9x | |
| COMFORT Comfort Gloves Berhad | RM0.38 | 4.1% +RM8.7m | -21.6% | PS0.5x |