Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Industrials Sector Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies303
  • 7D1.1%
  • 3M-3.2%
  • 1Y8.2%
  • YTD-2.8%

Over the last 7 days, the Industrials industry has risen 1.1%, driven by gains from IJM Corporation Berhad of 4.8%. In the last 12 months, the industry was up 8.2%. 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
Tue, 24 Mar 2026RM 298.9bRM 270.8bRM 21.5b15x13.9x1.1x
Thu, 19 Feb 2026RM 308.3bRM 266.8bRM 12.5b14.4x24.8x1.2x
Sat, 17 Jan 2026RM 303.6bRM 266.4bRM 12.7b14.1x23.9x1.1x
Mon, 15 Dec 2025RM 292.1bRM 266.2bRM 12.7b13.7x23.1x1.1x
Wed, 12 Nov 2025RM 294.1bRM 262.6bRM 12.4b14.1x23.8x1.1x
Fri, 10 Oct 2025RM 302.6bRM 264.7bRM 12.3b14.7x24.7x1.1x
Sun, 07 Sep 2025RM 287.0bRM 264.0bRM 12.1b14.6x23.7x1.1x
Tue, 05 Aug 2025RM 280.4bRM 258.9bRM 11.2b15.4x25.1x1.1x
Thu, 03 Jul 2025RM 276.5bRM 258.0bRM 11.0b15.4x25x1.1x
Sat, 31 May 2025RM 260.0bRM 258.6bRM 11.8b15.3x22x1x
Mon, 28 Apr 2025RM 249.1bRM 257.5bRM 12.1b15.2x20.6x1x
Wed, 26 Mar 2025RM 252.8bRM 256.4bRM 12.0b15.4x21x1x
Fri, 21 Feb 2025RM 264.3bRM 248.9bRM 11.9b16.6x22.3x1.1x
Sun, 19 Jan 2025RM 280.9bRM 254.2bRM 12.7b17x22.1x1.1x
Tue, 17 Dec 2024RM 292.5bRM 253.7bRM 12.6b17.4x23.2x1.2x
Thu, 14 Nov 2024RM 287.1bRM 247.4bRM 11.7b17.8x24.6x1.2x
Sat, 12 Oct 2024RM 283.1bRM 247.1bRM 11.6b17.9x24.5x1.1x
Mon, 09 Sep 2024RM 278.4bRM 245.4bRM 11.6b17.6x23.9x1.1x
Wed, 07 Aug 2024RM 281.0bRM 237.2bRM 12.0b18.6x23.5x1.2x
Fri, 05 Jul 2024RM 300.8bRM 235.9bRM 11.9b19.4x25.3x1.3x
Sun, 02 Jun 2024RM 284.0bRM 234.4bRM 10.9b18.8x26x1.2x
Tue, 30 Apr 2024RM 268.4bRM 225.6bRM 10.7b17.2x25x1.2x
Thu, 28 Mar 2024RM 258.6bRM 223.3bRM 10.7b17x24.1x1.2x
Sat, 24 Feb 2024RM 245.8bRM 221.5b-RM 14,364,587.0018.5x-17109.7x1.1x
Mon, 22 Jan 2024RM 236.3bRM 232.0bRM 871.9m18.1x271x1x
Wed, 20 Dec 2023RM 232.0bRM 232.2bRM 1.2b17.6x194.5x1x
Fri, 17 Nov 2023RM 230.4bRM 226.0bRM 1.5b17.5x154.3x1x
Sun, 15 Oct 2023RM 228.2bRM 224.4bRM 1.5b17.6x155x1x
Tue, 12 Sep 2023RM 221.9bRM 222.7bRM 1.5b17x151x1x
Thu, 10 Aug 2023RM 218.3bRM 218.0b-RM 34,705,767.0016x-6291.3x1x
Sat, 08 Jul 2023RM 210.8bRM 218.1bRM 51.0m15.2x4136.4x1x
Mon, 05 Jun 2023RM 213.4bRM 217.3bRM 176.1m15.1x1212x1x
Wed, 03 May 2023RM 218.4bRM 215.0bRM 33.3b16x6.6x1x
Fri, 31 Mar 2023RM 217.2bRM 215.3bRM 33.4b15.7x6.5x1x
Price to Earnings Ratio

6.5x


Total Market Cap: RM 217.2bTotal Earnings: RM 33.4bTotal Revenue: RM 215.3bTotal 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 13.9x 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 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.9% 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 Market0.36%
Industrials1.05%
Electrical3.90%
Infrastructure3.54%
Industrials2.50%
Airlines2.50%
Commercial Services2.06%
Transportation1.71%
Machinery1.09%
Trade Distributors0.27%
Building0.18%
Construction-0.24%
Marine and Shipping-0.79%
Professional Services-0.79%
Logistics-1.20%
Aerospace & Defense-1.67%
Industry PE
  • Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 39.4x.
    • 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 125x.
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 56% 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
IJM IJM Corporation BerhadRM 2.424.8%
+RM 385.6m		16.9%PE27.7x
TANCO Tanco Holdings BerhadRM 1.413.7%
+RM 301.3m		74.4%PE842.2x
SUNWAY Sunway BerhadRM 5.290.8%
+RM 270.4m		18.6%PE28x
SIME Sime Darby BerhadRM 2.360.9%
+RM 136.3m		16.8%PE9.2x
CHINHIN Chin Hin Group BerhadRM 2.171.4%
+RM 106.2m		4.3%PE74.1x

Latest News

SLVEST
RM 2.28
Solarvest Holdings Berhad
7D
5.1%
1Y
37.3%
CTOS
RM 0.66
CTOS Digital Berhad
7D
-9.6%
1Y
-42.1%
AAX
RM 1.17
AirAsia X Berhad
7D
-2.5%
1Y
-24.0%

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 8.28
MISC Berhad
7D
-1.4%
1Y
16.5%

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.
GAMUDA
RM 4.08
Gamuda Berhad
7D
-2.2%
1Y
1.5%
ZETRIX
RM 0.73
Zetrix AI Berhad
7D
-6.4%
1Y
-21.4%
EKOVEST
RM 0.21
Ekovest Berhad
7D
-8.7%
1Y
-27.6%
SUNCON
RM 6.45
Sunway Construction Group Berhad
7D
-4.4%
1Y
46.3%
SIME
RM 2.36
Sime Darby Berhad
7D
0.9%
1Y
16.8%
CHINHIN
RM 2.17
Chin Hin Group Berhad
7D
1.4%
1Y
4.3%
SUNWAY
RM 5.29
Sunway Berhad
7D
0.8%
1Y
18.6%
IJM
RM 2.42
IJM Corporation Berhad
7D
4.8%
1Y
16.9%
KGB
RM 5.08
Kelington Group Berhad
7D
1.6%
1Y
48.5%
HLIND
RM 16.82
Hong Leong Industries Berhad
7D
1.0%
1Y
23.0%
TANCO
RM 1.41
Tanco Holdings Berhad
7D
3.7%
1Y
74.4%

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
CAPITALA
RM 0.41
Capital A Berhad
7D
-8.0%
1Y
-49.7%