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Malaysian (KLSE) Industrials Sector Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies304
  • 7D-0.1%
  • 3M-2.2%
  • 1Y7.0%
  • YTD-3.8%

The Industrials industry has been flat over the last week, but Tanco Holdings Berhad has lost 11%. The past year has been better, since the industry has gained 7.0% in that time. 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
Thu, 19 Mar 2026RM 296.0bRM 270.8bRM 21.5b15.2x13.7x1.1x
Sat, 14 Feb 2026RM 305.5bRM 267.1bRM 12.5b14.3x24.5x1.1x
Mon, 12 Jan 2026RM 303.3bRM 266.4bRM 12.7b14.2x23.9x1.1x
Wed, 10 Dec 2025RM 289.6bRM 266.4bRM 12.7b13.6x22.9x1.1x
Fri, 07 Nov 2025RM 296.4bRM 265.4bRM 12.4b14.2x24x1.1x
Sun, 05 Oct 2025RM 302.6bRM 264.6bRM 12.2b14.8x24.7x1.1x
Tue, 02 Sep 2025RM 285.4bRM 264.2bRM 12.1b14.9x23.5x1.1x
Thu, 31 Jul 2025RM 277.3bRM 258.7bRM 11.2b15.4x24.9x1.1x
Sat, 28 Jun 2025RM 268.7bRM 257.7bRM 11.0b15x24.4x1x
Mon, 26 May 2025RM 262.8bRM 259.8bRM 12.2b15.3x21.6x1x
Wed, 23 Apr 2025RM 242.0bRM 257.5bRM 12.2b14.7x19.9x0.9x
Fri, 21 Mar 2025RM 252.2bRM 256.2bRM 12.0b15.6x21x1x
Sun, 16 Feb 2025RM 268.8bRM 248.8bRM 11.9b16.8x22.6x1.1x
Tue, 14 Jan 2025RM 289.9bRM 254.0bRM 12.6b17.6x22.9x1.1x
Thu, 12 Dec 2024RM 289.0bRM 252.3bRM 12.6b17.4x22.9x1.1x
Sat, 09 Nov 2024RM 286.9bRM 247.4bRM 11.7b18.1x24.6x1.2x
Mon, 07 Oct 2024RM 276.8bRM 246.9bRM 11.6b17.8x24x1.1x
Wed, 04 Sep 2024RM 286.9bRM 245.5bRM 11.7b18.4x24.6x1.2x
Fri, 02 Aug 2024RM 303.0bRM 236.2bRM 12.0b20.1x25.3x1.3x
Sun, 30 Jun 2024RM 290.4bRM 236.2bRM 11.7b18.8x24.8x1.2x
Tue, 28 May 2024RM 289.2bRM 233.3bRM 10.5b19.7x27.4x1.2x
Thu, 25 Apr 2024RM 265.7bRM 225.6bRM 10.7b17.2x24.8x1.2x
Sat, 23 Mar 2024RM 254.6bRM 223.3bRM 10.7b17.5x23.7x1.1x
Mon, 19 Feb 2024RM 244.7bRM 216.6b-RM 121,072,863.0018x-2021.2x1.1x
Wed, 17 Jan 2024RM 239.5bRM 232.0bRM 866.9m18.2x276.3x1x
Fri, 15 Dec 2023RM 229.0bRM 232.2bRM 1.2b17.3x185x1x
Sun, 12 Nov 2023RM 228.1bRM 225.9bRM 1.5b17.7x154.1x1x
Tue, 10 Oct 2023RM 224.6bRM 224.4bRM 1.5b17.2x152.6x1x
Thu, 07 Sep 2023RM 225.7bRM 222.7bRM 1.5b16.9x153.9x1x
Sat, 05 Aug 2023RM 216.8bRM 218.0b-RM 38,001,767.0015.8x-5705.6x1x
Mon, 03 Jul 2023RM 210.6bRM 218.1bRM 252.6m15.4x833.7x1x
Wed, 31 May 2023RM 214.8bRM 216.3bRM 168.5m15x1275.1x1x
Fri, 28 Apr 2023RM 218.0bRM 215.3bRM 33.3b16.1x6.5x1x
Sun, 26 Mar 2023RM 216.0bRM 215.2bRM 33.3b15.8x6.5x1x
Price to Earnings Ratio

6.5x


Total Market Cap: RM 216.0bTotal Earnings: RM 33.3bTotal Revenue: RM 215.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Industrials Sector Price to Earnings3Y Average -389.7x202420252026
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 13.7x 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 Market0.53%
Industrials-0.15%
Transportation7.31%
Electrical3.13%
Construction0.42%
Commercial Services0.38%
Trade Distributors0.34%
Building0.12%
Aerospace & Defense0%0
Industrials-0.006%
Machinery-0.40%
Marine and Shipping-0.59%
Professional Services-1.11%
Logistics-1.20%
Infrastructure-1.66%
Airlines-6.98%
Industry PE
  • Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 39.1x.
    • Analysts are expecting annual earnings growth of 41.8%, which is higher than its past year's earnings growth of 22.0% per year.
  • Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 128x.
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 60% 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
SUNWAY Sunway BerhadRM 5.487.5%
+RM 2.6b		21.2%PE29x
GAMUDA Gamuda BerhadRM 4.191.7%
+RM 416.7m		5.3%PE24.4x
ZETRIX Zetrix AI BerhadRM 0.796.8%
+RM 396.3m		-16.0%PE7.1x
AAX AirAsia X BerhadRM 1.308.3%
+RM 336.1m		-19.3%PE22.8x
SLVEST Solarvest Holdings BerhadRM 2.3614.0%
+RM 275.8m		42.2%PE29.5x

Latest News

CTOS
RM 0.70
CTOS Digital Berhad
7D
-8.5%
1Y
-35.8%
BIPORT
RM 5.25
Bintulu Port Holdings Berhad
7D
-2.8%
1Y
-13.9%
AAX
RM 1.30
AirAsia X Berhad
7D
8.3%
1Y
-19.3%

AAX: Equity Raise And New Leadership Will Support Future Upside

Narrative Update: AirAsia X Berhad Analyst Price Target Revision The analyst fair value estimate for AirAsia X Berhad has shifted slightly from MYR2.60 to MYR2.54, with analysts pointing to updated assumptions around discount rates, profit margins and future P/E as the key drivers of this recalibration. What's in the News AirAsia X Berhad completed a MYR 1 billion follow-on equity offering of 606,060,606 ordinary shares at MYR 1.65 per share, via a subsequent direct listing (Key Developments).
MISC
RM 8.32
MISC Berhad
7D
-2.1%
1Y
16.9%

MISC: Long-Term LNG Charters And Fleet Renewal Will Support Balanced Outlook

Analysts have made a small upward revision to their MYR fair value estimate for MISC Berhad to MYR 8.74 from MYR 8.67, citing updated assumptions around discount rate, profit margin and future P/E multiples. What's in the News MISC Berhad received a Letter of Award from PETRONAS LNG Ltd.
SLVEST
RM 2.36
Solarvest Holdings Berhad
7D
14.0%
1Y
42.2%
GAMUDA
RM 4.19
Gamuda Berhad
7D
1.7%
1Y
5.3%
MNHLDG
RM 1.80
MN Holdings Berhad
7D
11.1%
1Y
66.7%
ZETRIX
RM 0.79
Zetrix AI Berhad
7D
6.8%
1Y
-16.0%
KERJAYA
RM 2.42
Kerjaya Prospek Group Berhad
7D
-2.8%
1Y
19.2%
SUNCON
RM 6.75
Sunway Construction Group Berhad
7D
-1.5%
1Y
53.8%
SIME
RM 2.37
Sime Darby Berhad
7D
-1.3%
1Y
17.3%
HAPSENG
RM 2.84
Hap Seng Consolidated Berhad
7D
3.3%
1Y
-9.0%
SUNWAY
RM 5.48
Sunway Berhad
7D
7.5%
1Y
21.2%
WPRTS
RM 6.00
Westports Holdings Berhad
7D
-0.3%
1Y
29.3%
TANCO
RM 1.40
Tanco Holdings Berhad
7D
-9.1%
1Y
80.6%

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
UWC
RM 4.17
UWC Berhad
7D
3.0%
1Y
87.0%

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