Is Sunway Berhad (KLSE:SUNWAY) A Risky Investment?
Apr 17
Malaysian (KLSE) Industrials Sector Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies271
- 7D-1.2%
- 3M9.3%
- 1Y16.1%
- YTD10.1%
Over the last 7 days, the Industrials industry has dropped 1.2%, driven by a pullback from Hap Seng Consolidated Berhad of 3.8%. Meanwhile, P.I.E. Industrial Berhad actually outperformed within the industry, gaining 46% in the last week. In the past year, the industry has gained 16%. Looking forward, earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the Malaysian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | RM258.8b | RM225.0b | RM10.6b | 16.9x | 24.4x | 1.2x |
| Sun, 17 Mar 2024 | RM250.8b | RM223.3b | RM10.8b | 17.2x | 23.3x | 1.1x |
| Tue, 13 Feb 2024 | RM240.3b | RM216.6b | -RM124,582,164.00 | 17.5x | -1929.1x | 1.1x |
| Thu, 11 Jan 2024 | RM238.6b | RM232.0b | RM866.9m | 18.4x | 275.2x | 1x |
| Sat, 09 Dec 2023 | RM226.2b | RM232.2b | RM1.2b | 17x | 181.8x | 1x |
| Mon, 06 Nov 2023 | RM227.0b | RM225.5b | RM1.5b | 17.3x | 155.7x | 1x |
| Wed, 04 Oct 2023 | RM223.0b | RM224.4b | RM1.5b | 17.3x | 151.1x | 1x |
| Fri, 01 Sep 2023 | RM225.5b | RM222.5b | RM1.5b | 16.2x | 150.9x | 1x |
| Sun, 30 Jul 2023 | RM217.6b | RM217.9b | RM20.0m | 16.2x | 10871.1x | 1x |
| Tue, 27 Jun 2023 | RM211.4b | RM218.1b | RM246.8m | 15.1x | 856.6x | 1x |
| Thu, 25 May 2023 | RM214.3b | RM426.3b | RM41.1b | 14.7x | 5.2x | 0.5x |
| Sat, 22 Apr 2023 | RM218.2b | RM215.2b | RM33.3b | 16.2x | 6.5x | 1x |
| Mon, 20 Mar 2023 | RM215.8b | RM214.7b | RM33.1b | 15.7x | 6.5x | 1x |
| Wed, 15 Feb 2023 | RM227.7b | RM210.2b | RM43.9b | 14x | 5.2x | 1.1x |
| Fri, 13 Jan 2023 | RM216.0b | RM208.4b | RM43.5b | 13.9x | 5x | 1x |
| Sun, 11 Dec 2022 | RM209.2b | RM207.8b | RM43.6b | 13.4x | 4.8x | 1x |
| Tue, 08 Nov 2022 | RM199.6b | RM198.2b | RM42.4b | 14.1x | 4.7x | 1x |
| Thu, 06 Oct 2022 | RM196.2b | RM197.8b | RM42.4b | 13.8x | 4.6x | 1x |
| Sat, 03 Sep 2022 | RM200.3b | RM196.7b | RM42.4b | 14.6x | 4.7x | 1x |
| Mon, 01 Aug 2022 | RM204.1b | RM189.0b | RM8.6b | 14.1x | 23.7x | 1.1x |
| Wed, 29 Jun 2022 | RM198.7b | RM188.7b | RM8.5b | 14.1x | 23.3x | 1.1x |
| Fri, 27 May 2022 | RM203.5b | RM183.3b | RM8.5b | 14.5x | 24x | 1.1x |
| Sun, 24 Apr 2022 | RM214.4b | RM182.7b | RM8.5b | 16.5x | 25.2x | 1.2x |
| Tue, 22 Mar 2022 | RM211.4b | RM187.0b | RM9.0b | 15.1x | 23.4x | 1.1x |
| Thu, 17 Feb 2022 | RM216.4b | RM184.0b | RM7.1b | 16.5x | 30.5x | 1.2x |
| Sat, 15 Jan 2022 | RM216.0b | RM183.7b | RM7.0b | 17.8x | 30.7x | 1.2x |
| Mon, 13 Dec 2021 | RM212.7b | RM184.7b | RM7.1b | 16.4x | 30.1x | 1.2x |
| Wed, 10 Nov 2021 | RM226.1b | RM186.6b | RM6.6b | 18.8x | 34.2x | 1.2x |
| Fri, 08 Oct 2021 | RM225.3b | RM186.6b | RM6.6b | 17.6x | 33.9x | 1.2x |
| Sun, 05 Sep 2021 | RM226.7b | RM183.1b | RM6.0b | 18.7x | 37.9x | 1.2x |
| Tue, 03 Aug 2021 | RM212.8b | RM183.1b | RM6.0b | 18.1x | 35.6x | 1.2x |
| Fri, 07 May 2021 | RM219.1b | RM172.9b | RM4.5b | 20.9x | 49x | 1.3x |
Price to Earnings Ratio
49x
Current Industry PE
- Investors are pessimistic on the Malaysian Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.4x which is higher than its 3-year average PE of -394x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 9.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials sector?
| MY Market | -1.10% | |
| Industrials | -1.19% | |
| Electrical | 6.00% | |
| Aerospace & Defense | 0% | |
| Marine and Shipping | -0.045% | |
| Logistics | -0.075% | |
| Machinery | -0.82% | |
| Trade Distributors | -1.13% | |
| Construction | -1.34% | |
| Commercial Services | -1.56% | |
| Infrastructure | -1.70% | |
| Industrials | -1.98% | |
| Transportation | -2.43% | |
| Professional Services | -2.71% | |
| Building | -3.34% | |
| Airlines | -3.82% | |
Industry PE
- Investors are most optimistic about the Logistics industry even though it's trading below its 3-year average PE ratio of 203x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings decline of 24.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 1.0% per year.
- In contrast, the Airlines industry is expected to see its earnings decline by 38% 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 | |
|---|---|---|---|---|---|
| PIE P.I.E. Industrial Berhad | RM5.57 | 45.8% +RM672.1m | 52.6% | PE29x | |
| CHINHIN Chin Hin Group Berhad | RM4.58 | 5.3% +RM407.0m | 2.7% | PE54x | |
| MISC MISC Berhad | RM7.83 | 0.4% +RM133.9m | 7.0% | PE16.5x | |
| DUFU Dufu Technology Berhad | RM2.14 | 10.9% +RM111.4m | -0.9% | PE46.6x | |
| UWC UWC Berhad | RM2.99 | 3.5% +RM110.2m | -6.3% | PE208.1x |
