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Malaysian (KLSE) Industrials Sector Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies304
  • 7D0.7%
  • 3M2.2%
  • 1Y8.6%
  • YTD1.6%

Over the last 7 days, the Industrials industry has remained flat. The past year has been better, since the industry has gained 8.6% in that time. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

Has the Malaysian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Feb 2026RM 310.4bRM 266.8bRM 12.5b14.5x24.9x1.2x
Thu, 22 Jan 2026RM 305.8bRM 266.4bRM 12.7b14.2x24.1x1.1x
Sat, 20 Dec 2025RM 296.0bRM 266.3bRM 12.7b13.7x23.4x1.1x
Mon, 17 Nov 2025RM 293.4bRM 262.5bRM 12.4b13.8x23.7x1.1x
Wed, 15 Oct 2025RM 298.5bRM 264.7bRM 12.3b14.5x24.4x1.1x
Fri, 12 Sep 2025RM 290.2bRM 264.0bRM 12.1b14.6x23.9x1.1x
Sun, 10 Aug 2025RM 282.3bRM 260.1bRM 11.4b15.1x24.8x1.1x
Tue, 08 Jul 2025RM 275.2bRM 258.3bRM 11.1b15.4x24.9x1.1x
Thu, 05 Jun 2025RM 265.0bRM 257.6bRM 11.0b14.5x24.2x1x
Sat, 03 May 2025RM 257.2bRM 257.7bRM 12.1b15x21.3x1x
Mon, 31 Mar 2025RM 256.9bRM 257.4bRM 12.1b15.3x21.2x1x
Wed, 26 Feb 2025RM 261.9bRM 251.2bRM 10.9b16x24.1x1x
Fri, 24 Jan 2025RM 285.3bRM 254.2bRM 12.7b17.2x22.5x1.1x
Sun, 22 Dec 2024RM 290.2bRM 254.0bRM 12.7b17.8x22.9x1.1x
Tue, 19 Nov 2024RM 285.7bRM 246.9bRM 11.6b17.8x24.7x1.2x
Thu, 17 Oct 2024RM 279.9bRM 247.2bRM 11.6b17.8x24.2x1.1x
Sat, 14 Sep 2024RM 281.1bRM 245.5bRM 11.7b17.9x24.1x1.1x
Mon, 12 Aug 2024RM 290.6bRM 237.1bRM 12.0b20.2x24.3x1.2x
Wed, 10 Jul 2024RM 300.9bRM 235.9bRM 11.9b19.4x25.3x1.3x
Fri, 07 Jun 2024RM 287.7bRM 235.6bRM 11.5b18.4x24.9x1.2x
Sun, 05 May 2024RM 274.1bRM 225.8bRM 10.7b17.3x25.6x1.2x
Tue, 02 Apr 2024RM 259.0bRM 225.0bRM 10.6b17.2x24.4x1.2x
Thu, 29 Feb 2024RM 246.0bRM 221.1bRM 27.4m17.3x8968.2x1.1x
Sat, 27 Jan 2024RM 241.5bRM 232.6bRM 899.6m18.2x268.5x1x
Mon, 25 Dec 2023RM 232.9bRM 232.2bRM 1.2b17.6x195x1x
Wed, 22 Nov 2023RM 231.6bRM 225.8bRM 1.4b17.4x160.5x1x
Fri, 20 Oct 2023RM 227.2bRM 225.5bRM 1.5b17.3x153.3x1x
Sun, 17 Sep 2023RM 225.0bRM 222.6bRM 1.4b16.9x156.3x1x
Tue, 15 Aug 2023RM 219.9bRM 218.1b-RM 22,738,667.0016.4x-9671.7x1x
Thu, 13 Jul 2023RM 213.0bRM 218.1bRM 51.0m15.3x4179.5x1x
Sat, 10 Jun 2023RM 212.2bRM 217.3bRM 320.2m15.3x662.7x1x
Mon, 08 May 2023RM 217.8bRM 215.0bRM 33.3b15.6x6.5x1x
Wed, 05 Apr 2023RM 219.6bRM 215.3bRM 33.3b15.9x6.6x1x
Fri, 03 Mar 2023RM 222.8bRM 214.4bRM 33.3b16.2x6.7x1x
Price to Earnings Ratio

6.7x


Total Market Cap: RM 222.8bTotal Earnings: RM 33.3bTotal Revenue: RM 214.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Industrials Sector Price to Earnings3Y Average -389.9x202420252026
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 24.9x which is higher than its 3-year average PE of -390x.
  • 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 declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Malaysian Industrials sector?

MY Market0.95%
Industrials0.66%
Airlines3.11%
Electrical1.69%
Machinery0.98%
Construction0.97%
Industrials0.96%
Infrastructure0.74%
Commercial Services0.63%
Transportation0.18%
Marine and Shipping0.14%
Building0.13%
Logistics-0.30%
Professional Services-1.20%
Trade Distributors-1.43%
Aerospace & Defense-1.59%
Industry PE
  • Investors are most optimistic about the Airlines industry which is trading above its 3-year average PE ratio of 5.1x.
    • Analysts are expecting annual earnings growth of 77.8%, which is higher than its past year's earnings decline of 42.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 78% over the next 5 years.
  • This is better than its past earnings decline of 43% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings grow by 4.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SUNCON Sunway Construction Group BerhadRM 6.596.3%
+RM 517.2m		51.5%PE24.1x
TANCO Tanco Holdings BerhadRM 1.504.9%
+RM 421.8m		110.5%PE862.8x
SIME Sime Darby BerhadRM 2.392.1%
+RM 340.8m		4.8%PE10.1x
SUNWAY Sunway BerhadRM 5.820.9%
+RM 338.0m		26.5%PE35.4x
AAX AirAsia X BerhadRM 2.024.7%
+RM 302.5m		17.4%PE59.7x

Latest News

SUNCON
RM 6.59
Sunway Construction Group Berhad
7D
6.3%
1Y
51.5%
WPRTS
RM 6.16
Westports Holdings Berhad
7D
-0.6%
1Y
33.9%
AAX
RM 2.02
AirAsia X Berhad
7D
4.7%
1Y
17.4%

AAX: New Leadership And Equity Raise Will Support Future Upside

Analysts have kept their fair value estimate for AirAsia X Berhad steady at MYR2.90 per share, indicating only small tweaks in assumptions. These include a slightly lower discount rate and marginally adjusted long term profit and P/E inputs, rather than a fundamental shift in their view of the stock.
GDEX
RM 0.14
GDEX Berhad
7D
-6.9%
1Y
-27.0%

GDEX Berhad (KLSE:GDEX) May Have Issues Allocating Its Capital

Feb 12
GDEX Berhad (KLSE:GDEX) May Have Issues Allocating Its Capital
SUNWAY
RM 5.82
Sunway Berhad
7D
0.9%
1Y
26.5%
TANCO
RM 1.50
Tanco Holdings Berhad
7D
4.9%
1Y
110.5%

Here's Why Tanco Holdings Berhad (KLSE:TANCO) Can Manage Its Debt Responsibly

Feb 10
Here's Why Tanco Holdings Berhad (KLSE:TANCO) Can Manage Its Debt Responsibly
ZETRIX
RM 0.81
Zetrix AI Berhad
7D
-4.7%
1Y
-16.9%

Capital Allocation Trends At Zetrix AI Berhad (KLSE:ZETRIX) Aren't Ideal

Feb 05
Capital Allocation Trends At Zetrix AI Berhad (KLSE:ZETRIX) Aren't Ideal
CHINHIN
RM 2.26
Chin Hin Group Berhad
7D
-1.3%
1Y
6.1%

Returns Are Gaining Momentum At Chin Hin Group Berhad (KLSE:CHINHIN)

Feb 03
Returns Are Gaining Momentum At Chin Hin Group Berhad (KLSE:CHINHIN)
SIME
RM 2.39
Sime Darby Berhad
7D
2.1%
1Y
4.8%

Sime Darby Berhad (KLSE:SIME) Shares Could Be 32% Below Their Intrinsic Value Estimate

Feb 03
Sime Darby Berhad (KLSE:SIME) Shares Could Be 32% Below Their Intrinsic Value Estimate
BNASTRA
RM 2.07
Binastra Corporation Berhad
7D
-2.4%
1Y
17.6%
HAPSENG
RM 3.03
Hap Seng Consolidated Berhad
7D
-0.7%
1Y
-7.3%

Hap Seng Consolidated Berhad's (KLSE:HAPSENG) Shares May Have Run Too Fast Too Soon

Jan 14
Hap Seng Consolidated Berhad's (KLSE:HAPSENG) Shares May Have Run Too Fast Too Soon
IJM
RM 2.55
IJM Corporation Berhad
7D
-3.8%
1Y
19.7%
KGB
RM 5.06
Kelington Group Berhad
7D
5.4%
1Y
57.6%

Kelington Group Berhad's (KLSE:KGB) Shares May Have Run Too Fast Too Soon

Jan 07
Kelington Group Berhad's (KLSE:KGB) Shares May Have Run Too Fast Too Soon
UWC
RM 4.35
UWC Berhad
7D
4.1%
1Y
66.0%

Unpleasant Surprises Could Be In Store For UWC Berhad's (KLSE:UWC) Shares

Dec 23
Unpleasant Surprises Could Be In Store For UWC Berhad's (KLSE:UWC) Shares
MISC
RM 8.20
MISC Berhad
7D
-0.6%
1Y
11.3%
KERJAYA
RM 2.56
Kerjaya Prospek Group Berhad
7D
4.5%
1Y
20.8%