Is One Glove Group Berhad (KLSE:ONEGLOVE) Using Debt In A Risky Way?
Apr 18
Malaysian (KLSE) Medical Supplies Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
- 7D-2.5%
- 3M-6.2%
- 1Y9.8%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 2.5%, driven by Hartalega Holdings Berhad declining 3.3%. Meanwhile, One Glove Group Berhad actually outperformed within the industry, gaining 14% in the last week. In the past year, the industry has gained 9.8%. As for the next few years, earnings are expected to grow by 99% 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | RM23.6b | RM6.8b | -RM1,358,523,576.00 | 380.4x | -17.4x | 3.5x |
| Thu, 21 Mar 2024 | RM23.8b | RM6.8b | -RM1,471,992,576.00 | 346.3x | -16.2x | 3.5x |
| Sat, 17 Feb 2024 | RM24.2b | RM7.0b | -RM1,565,374,648.00 | 459.8x | -15.4x | 3.4x |
| Mon, 15 Jan 2024 | RM25.7b | RM7.1b | -RM1,619,664,648.00 | 468.9x | -15.8x | 3.6x |
| Wed, 13 Dec 2023 | RM21.2b | RM7.2b | -RM1,730,191,648.00 | 370.6x | -12.2x | 2.9x |
| Fri, 10 Nov 2023 | RM20.9b | RM7.5b | -RM1,750,449,648.00 | n/a | -11.9x | 2.8x |
| Sun, 08 Oct 2023 | RM19.2b | RM7.6b | -RM1,764,245,219.00 | n/a | -10.9x | 2.5x |
| Tue, 05 Sep 2023 | RM18.5b | RM8.1b | -RM1,358,194,996.00 | n/a | -13.6x | 2.3x |
| Thu, 03 Aug 2023 | RM21.1b | RM8.8b | -RM1,152,006,682.00 | n/a | -18.3x | 2.4x |
| Sat, 01 Jul 2023 | RM18.8b | RM9.0b | -RM1,025,382,198.00 | 77x | -18.3x | 2.1x |
| Mon, 29 May 2023 | RM24.2b | RM10.0b | -RM879,500,198.00 | 86.6x | -27.5x | 2.4x |
| Wed, 26 Apr 2023 | RM20.8b | RM11.0b | -RM587,384,647.00 | 20.9x | -35.5x | 1.9x |
| Fri, 24 Mar 2023 | RM21.7b | RM11.0b | -RM587,396,126.00 | 22.3x | -37x | 2x |
| Sun, 19 Feb 2023 | RM17.8b | RM12.9b | RM172.5m | 9.4x | 103.4x | 1.4x |
| Tue, 17 Jan 2023 | RM18.2b | RM14.2b | RM840.8m | 16.4x | 21.7x | 1.3x |
| Thu, 15 Dec 2022 | RM17.2b | RM15.1b | RM1.2b | 24.9x | 14.2x | 1.1x |
| Sat, 12 Nov 2022 | RM21.0b | RM16.4b | RM1.9b | 20.2x | 11.1x | 1.3x |
| Mon, 10 Oct 2022 | RM16.2b | RM18.6b | RM3.3b | 4.3x | 4.9x | 0.9x |
| Wed, 07 Sep 2022 | RM16.9b | RM19.6b | RM3.8b | 4x | 4.4x | 0.9x |
| Fri, 05 Aug 2022 | RM23.8b | RM24.4b | RM7.0b | 3.7x | 3.4x | 1x |
| Sun, 03 Jul 2022 | RM23.7b | RM26.0b | RM8.1b | 2.9x | 2.9x | 0.9x |
| Tue, 31 May 2022 | RM32.8b | RM28.7b | RM10.1b | 4x | 3.3x | 1.1x |
| Thu, 28 Apr 2022 | RM37.3b | RM33.2b | RM13.5b | 1.6x | 2.8x | 1.1x |
| Sat, 26 Mar 2022 | RM40.5b | RM33.3b | RM13.5b | 1.7x | 3x | 1.2x |
| Mon, 21 Feb 2022 | RM42.4b | RM38.7b | RM17.4b | 1.7x | 2.4x | 1.1x |
| Wed, 19 Jan 2022 | RM47.7b | RM40.2b | RM18.5b | 1.8x | 2.6x | 1.2x |
| Fri, 17 Dec 2021 | RM42.7b | RM40.3b | RM18.5b | 1.6x | 2.3x | 1.1x |
| Sun, 14 Nov 2021 | RM50.9b | RM43.3b | RM20.9b | 1.7x | 2.4x | 1.2x |
| Tue, 12 Oct 2021 | RM55.3b | RM42.5b | RM20.5b | 1.9x | 2.7x | 1.3x |
| Thu, 09 Sep 2021 | RM64.9b | RM40.8b | RM19.9b | 2.6x | 3.3x | 1.6x |
| Sat, 07 Aug 2021 | RM69.4b | RM41.8b | RM20.5b | 3.1x | 3.4x | 1.7x |
| Fri, 30 Apr 2021 | RM109.5b | RM33.8b | RM15.2b | 6.5x | 7.2x | 3.2x |
Price to Earnings Ratio
7.2x
Current Industry PE
- Investors are optimistic on the Malaysian Health Care Supplies 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 3.5x.
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 41% per year, which is driving profits down.
Industry Comparison
How does Malaysian Medical Supplies compare with similar industries?
| MY Market | -1.15% | |
| Healthcare | -0.72% | |
| Medical Equipment | -2.46% | |
| Medical Supplies | -2.45% | |
| Medical Equipment | -4.17% | |
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 | |
|---|---|---|---|---|---|
| KOSSAN Kossan Rubber Industries Bhd | RM2.11 | 2.4% +RM127.6m | 63.6% | PE378.6x | |
| TOPGLOV Top Glove Corporation Bhd | RM0.81 | 1.2% +RM80.1m | -20.9% | PS3.2x | |
| ONEGLOVE One Glove Group Berhad | RM0.23 | 4.4% +RM5.3m | -21.7% | PS5.2x |
