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Malaysian (KLSE) Industrials Sector Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies304
  • 7D-2.3%
  • 3M-6.7%
  • 1Y3.8%
  • YTD-6.6%

Over the last 7 days, the Industrials industry has dropped 2.3%, driven by pullbacks in Westports Holdings Berhad and Sunway Berhad of 7.8% and 3.8%, respectively. In contrast, Tanco Holdings Berhad has gained 6.3%. In the past year, the industry has gained 3.8%. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026RM 287.2bRM 271.0bRM 21.5b14.9x13.3x1.1x
Sun, 01 Mar 2026RM 311.9bRM 269.7bRM 21.9b15.3x14.2x1.2x
Tue, 27 Jan 2026RM 309.8bRM 266.4bRM 12.7b14x24.4x1.2x
Thu, 25 Dec 2025RM 300.0bRM 266.3bRM 12.7b14.3x23.7x1.1x
Sat, 22 Nov 2025RM 295.0bRM 263.2bRM 12.5b13.6x23.6x1.1x
Mon, 20 Oct 2025RM 293.1bRM 264.8bRM 12.2b14.6x23.9x1.1x
Wed, 17 Sep 2025RM 291.1bRM 264.0bRM 12.1b14.6x24x1.1x
Fri, 15 Aug 2025RM 283.0bRM 260.1bRM 11.4b15.1x24.9x1.1x
Sun, 13 Jul 2025RM 279.4bRM 258.3bRM 11.1b15.6x25.1x1.1x
Tue, 10 Jun 2025RM 269.2bRM 257.5bRM 11.0b15x24.5x1x
Thu, 08 May 2025RM 258.2bRM 257.7bRM 12.1b14.9x21.3x1x
Sat, 05 Apr 2025RM 249.7bRM 257.5bRM 12.2b15.1x20.5x1x
Mon, 03 Mar 2025RM 259.8bRM 254.0bRM 12.1b16x21.4x1x
Wed, 29 Jan 2025RM 278.3bRM 254.4bRM 12.8b16.7x21.8x1.1x
Fri, 27 Dec 2024RM 292.4bRM 253.9bRM 12.6b17.9x23.1x1.2x
Sun, 24 Nov 2024RM 289.6bRM 247.7bRM 11.7b17.7x24.7x1.2x
Tue, 22 Oct 2024RM 283.4bRM 247.2bRM 11.6b18.3x24.5x1.1x
Thu, 19 Sep 2024RM 283.2bRM 245.0bRM 11.6b17.9x24.4x1.2x
Sat, 17 Aug 2024RM 291.6bRM 237.2bRM 12.0b19.9x24.3x1.2x
Mon, 15 Jul 2024RM 305.9bRM 235.9bRM 11.9b19.6x25.8x1.3x
Wed, 12 Jun 2024RM 291.0bRM 235.7bRM 11.7b18.7x24.9x1.2x
Fri, 10 May 2024RM 277.2bRM 225.8bRM 10.7b17.9x25.9x1.2x
Sun, 07 Apr 2024RM 261.0bRM 225.1bRM 10.6b17.3x24.6x1.2x
Tue, 05 Mar 2024RM 245.2bRM 223.5bRM 10.6b16.9x23.1x1.1x
Thu, 01 Feb 2024RM 240.3bRM 232.8bRM 988.4m17.7x243.2x1x
Sat, 30 Dec 2023RM 233.0bRM 232.2bRM 1.2b17.7x195.5x1x
Mon, 27 Nov 2023RM 229.8bRM 226.9bRM 538.7m17.2x426.6x1x
Wed, 25 Oct 2023RM 225.9bRM 225.5bRM 1.5b16.9x151.9x1x
Fri, 22 Sep 2023RM 226.4bRM 222.6bRM 1.4b17.2x157.3x1x
Sun, 20 Aug 2023RM 219.3bRM 218.0b-RM 3,300,660.0015.7x-66442.8x1x
Tue, 18 Jul 2023RM 215.5bRM 218.1bRM 52.8m15.7x4082.8x1x
Thu, 15 Jun 2023RM 214.9bRM 217.3bRM 320.2m15.4x671.2x1x
Sat, 13 May 2023RM 215.6bRM 425.9bRM 41.1b15.4x5.3x0.5x
Mon, 10 Apr 2023RM 219.0bRM 215.2bRM 33.3b16x6.6x1x
Price to Earnings Ratio

6.6x


Total Market Cap: RM 219.0bTotal Earnings: RM 33.3bTotal Revenue: RM 215.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Industrials Sector Price to Earnings3Y Average -389.6x202420252026
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 13.3x 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 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.0% 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 Market-0.40%
Industrials-2.34%
Commercial Services1.05%
Building0.94%
Professional Services0.38%
Transportation-0.14%
Trade Distributors-0.32%
Logistics-0.56%
Electrical-0.56%
Marine and Shipping-1.30%
Airlines-1.72%
Industrials-2.23%
Machinery-2.61%
Aerospace & Defense-3.28%
Construction-3.50%
Infrastructure-5.86%
Industry PE
  • Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 39.7x.
    • Analysts are expecting annual earnings growth of 41.8%, which is higher than its past year's earnings growth of 22.4% per year.
  • Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 119x.
Forecasted Growth
  • Analysts are most optimistic on the Building industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings growth rate of 22% per year.
  • In contrast, the Logistics industry is expected to see its earnings decline by 59% 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
TANCO Tanco Holdings BerhadRM 1.558.4%
+RM 723.1m
81.3%PE925.8x
CHINHIN Chin Hin Group BerhadRM 2.193.3%
+RM 247.7m
5.3%PE74.8x
ZETRIX Zetrix AI BerhadRM 0.763.4%
+RM 198.5m
-17.4%PE6.8x
HAPSENG Hap Seng Consolidated BerhadRM 2.801.8%
+RM 124.5m
6.9%PE13.9x
PIE P.I.E. Industrial BerhadRM 1.4221.4%
+RM 96.0m
-62.2%PE24.1x

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