Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Intrinsic Value Is Potentially 57% Above Its Share Price
Aug 05
Malaysian (KLSE) Medical Equipment Industry Analysis
UpdatedAug 26, 2024
DataAggregated Company Financials
Companies9
- 7D1.3%
- 3M-13.2%
- 1Y30.1%
- YTD2.5%
In the last week, the Medical Equipment industry is up 1.3%, with Top Glove Corporation Bhd leading the way, up 3.2%. In the last 12 months, the industry was up 30%. Looking forward, earnings are forecast to grow by 72% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 26 Aug 2024 | RM 25.1b | RM 7.1b | -RM 600,808,075.00 | 72.5x | -41.8x | 3.5x |
| Wed, 24 Jul 2024 | RM 30.9b | RM 7.0b | -RM 717,271,870.00 | 501.2x | -43x | 4.4x |
| Fri, 21 Jun 2024 | RM 30.4b | RM 7.0b | -RM 682,282,870.00 | 509.7x | -44.5x | 4.4x |
| Sun, 19 May 2024 | RM 31.8b | RM 6.8b | -RM 1,365,561,387.00 | 474.5x | -23.3x | 4.7x |
| Tue, 16 Apr 2024 | RM 23.6b | RM 6.8b | -RM 1,365,501,576.00 | 369.6x | -17.3x | 3.5x |
| Thu, 14 Mar 2024 | RM 22.9b | RM 6.9b | -RM 1,478,970,576.00 | 333.7x | -15.5x | 3.3x |
| Sat, 10 Feb 2024 | RM 24.1b | RM 7.1b | -RM 1,581,698,368.00 | 448.3x | -15.2x | 3.4x |
| Mon, 08 Jan 2024 | RM 26.4b | RM 7.1b | -RM 1,635,988,368.00 | 450.6x | -16.1x | 3.7x |
| Wed, 06 Dec 2023 | RM 22.6b | RM 7.3b | -RM 1,747,934,368.00 | 391.1x | -12.9x | 3.1x |
| Fri, 03 Nov 2023 | RM 18.7b | RM 7.7b | -RM 1,766,124,368.00 | n/a | -10.6x | 2.4x |
| Sun, 01 Oct 2023 | RM 19.1b | RM 8.2b | -RM 1,374,518,716.00 | n/a | -13.9x | 2.3x |
| Tue, 29 Aug 2023 | RM 19.6b | RM 8.3b | -RM 1,345,194,326.00 | n/a | -14.6x | 2.4x |
| Thu, 27 Jul 2023 | RM 20.0b | RM 9.1b | -RM 1,101,946,402.00 | 80.6x | -18.2x | 2.2x |
| Sat, 24 Jun 2023 | RM 19.8b | RM 9.1b | -RM 1,041,705,918.00 | 79.4x | -19x | 2.2x |
| Mon, 22 May 2023 | RM 25.6b | RM 10.1b | -RM 876,805,918.00 | 90.7x | -29.2x | 2.5x |
| Wed, 19 Apr 2023 | RM 22.3b | RM 11.1b | -RM 603,786,526.00 | 22x | -36.9x | 2x |
| Fri, 17 Mar 2023 | RM 18.8b | RM 12.0b | -RM 351,572,526.00 | 20.2x | -53.4x | 1.6x |
| Sun, 12 Feb 2023 | RM 17.3b | RM 13.7b | RM 513.4m | 7.4x | 33.7x | 1.3x |
| Tue, 10 Jan 2023 | RM 18.3b | RM 14.2b | RM 804.4m | 16.6x | 22.7x | 1.3x |
| Thu, 08 Dec 2022 | RM 17.5b | RM 15.2b | RM 1.2b | 26.1x | 15x | 1.2x |
| Sat, 05 Nov 2022 | RM 19.2b | RM 17.9b | RM 2.7b | 7.6x | 7x | 1.1x |
| Mon, 03 Oct 2022 | RM 16.0b | RM 18.7b | RM 3.3b | 5.3x | 4.9x | 0.9x |
| Wed, 31 Aug 2022 | RM 17.5b | RM 19.7b | RM 3.8b | 5.3x | 4.6x | 0.9x |
| Fri, 29 Jul 2022 | RM 23.8b | RM 24.5b | RM 7.0b | 3.9x | 3.4x | 1x |
| Sun, 26 Jun 2022 | RM 24.4b | RM 26.1b | RM 8.0b | 2.9x | 3x | 0.9x |
| Tue, 24 May 2022 | RM 34.5b | RM 30.4b | RM 11.2b | 2.3x | 3.1x | 1.1x |
| Thu, 21 Apr 2022 | RM 38.4b | RM 33.3b | RM 13.5b | 1.7x | 2.8x | 1.2x |
| Sat, 19 Mar 2022 | RM 39.8b | RM 33.3b | RM 13.5b | 1.7x | 3x | 1.2x |
| Mon, 14 Feb 2022 | RM 43.4b | RM 39.2b | RM 17.7b | 1.6x | 2.5x | 1.1x |
| Wed, 12 Jan 2022 | RM 49.8b | RM 40.3b | RM 18.5b | 1.8x | 2.7x | 1.2x |
| Fri, 10 Dec 2021 | RM 48.3b | RM 43.5b | RM 20.7b | 1.8x | 2.3x | 1.1x |
| Sun, 07 Nov 2021 | RM 52.1b | RM 43.4b | RM 20.9b | 1.8x | 2.5x | 1.2x |
| Tue, 05 Oct 2021 | RM 55.2b | RM 42.5b | RM 20.5b | 2x | 2.7x | 1.3x |
| Thu, 02 Sep 2021 | RM 72.4b | RM 41.9b | RM 20.5b | 3x | 3.5x | 1.7x |
Price to Earnings Ratio
3.5x
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 2.1x is lower than the industry's current PS ratio of 3.5x.
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 45% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Healthcare industry?
| MY Market | -0.43% | |
| Healthcare | 0.56% | |
| Medical Equipment | 1.29% | |
| Medical Supplies | 1.31% | |
| Medical Equipment | -8.00% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 72% over the next 5 years.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 72% 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 | |
|---|---|---|---|---|---|
| No data available | |||||