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Malaysian (KLSE) Industrials Sector Analysis

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies304
  • 7D-2.0%
  • 3M-1.1%
  • 1Y3.6%
  • YTD-1.3%

Over the last 7 days, the Industrials industry has dropped 2.0%, driven by Gamuda Berhad declining 11%. In the past year, the industry has gained 3.6%. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Feb 2026RM 301.2bRM 267.1bRM 12.5b14.1x24.1x1.1x
Sun, 04 Jan 2026RM 298.8bRM 266.3bRM 12.7b14.2x23.6x1.1x
Tue, 02 Dec 2025RM 291.6bRM 266.1bRM 12.6b13.6x23.1x1.1x
Thu, 30 Oct 2025RM 297.5bRM 265.0bRM 12.3b14.4x24.2x1.1x
Sat, 27 Sep 2025RM 298.7bRM 264.6bRM 12.2b14.9x24.5x1.1x
Mon, 25 Aug 2025RM 284.1bRM 262.9bRM 11.5b15.4x24.8x1.1x
Wed, 23 Jul 2025RM 278.7bRM 258.5bRM 11.2b15.4x25x1.1x
Fri, 20 Jun 2025RM 266.9bRM 257.5bRM 11.0b14.4x24.3x1x
Sun, 18 May 2025RM 265.7bRM 258.0bRM 12.1b15.1x21.9x1x
Tue, 15 Apr 2025RM 245.2bRM 257.5bRM 12.2b14.7x20.2x1x
Thu, 13 Mar 2025RM 242.5bRM 256.1bRM 12.0b15.1x20.2x0.9x
Sat, 08 Feb 2025RM 287.8bRM 254.4bRM 12.7b17x22.7x1.1x
Mon, 06 Jan 2025RM 297.2bRM 253.9bRM 12.6b17.9x23.5x1.2x
Wed, 04 Dec 2024RM 288.8bRM 252.3bRM 12.5b17.1x23x1.1x
Fri, 01 Nov 2024RM 280.5bRM 247.1bRM 11.6b17.7x24.3x1.1x
Sun, 29 Sep 2024RM 282.6bRM 246.9bRM 11.6b18.1x24.5x1.1x
Tue, 27 Aug 2024RM 289.5bRM 237.8bRM 12.2b19x23.7x1.2x
Thu, 25 Jul 2024RM 305.3bRM 236.0bRM 11.9b19.9x25.7x1.3x
Sat, 22 Jun 2024RM 290.5bRM 235.7bRM 11.7b19.1x24.8x1.2x
Mon, 20 May 2024RM 283.7bRM 225.8bRM 10.6b19.1x26.7x1.3x
Wed, 17 Apr 2024RM 260.1bRM 225.0bRM 10.6b16.7x24.5x1.2x
Fri, 15 Mar 2024RM 249.0bRM 223.3bRM 10.8b17.1x23.1x1.1x
Sun, 11 Feb 2024RM 240.3bRM 216.6b-RM 124,582,164.0017.5x-1929.1x1.1x
Tue, 09 Jan 2024RM 239.9bRM 232.0bRM 866.9m18.5x276.7x1x
Thu, 07 Dec 2023RM 225.7bRM 230.7bRM 1.1b17.1x203.5x1x
Sat, 04 Nov 2023RM 227.0bRM 225.5bRM 1.5b17.3x155.7x1x
Mon, 02 Oct 2023RM 224.4bRM 224.4bRM 1.5b17.8x152.1x1x
Wed, 30 Aug 2023RM 225.3bRM 222.3bRM 2.0b16.2x111.3x1x
Fri, 28 Jul 2023RM 218.4bRM 218.3bRM 62.5m16.1x3493.4x1x
Sun, 25 Jun 2023RM 212.8bRM 218.1bRM 246.8m15.4x862.3x1x
Tue, 23 May 2023RM 215.4bRM 426.3bRM 41.0b15.2x5.3x0.5x
Thu, 20 Apr 2023RM 218.4bRM 215.2bRM 33.4b16x6.5x1x
Sat, 18 Mar 2023RM 215.8bRM 214.7bRM 33.2b15.9x6.5x1x
Mon, 13 Feb 2023RM 227.9bRM 210.2bRM 43.9b14x5.2x1.1x
Price to Earnings Ratio

5.2x


Total Market Cap: RM 227.9bTotal Earnings: RM 43.9bTotal Revenue: RM 210.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Industrials Sector Price to Earnings3Y Average -390.2x202420252026
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 24.1x 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 34% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.3% 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-0.48%
Industrials-2.05%
Marine and Shipping2.39%
Aerospace & Defense1.69%
Commercial Services0.091%
Industrials-0.39%
Infrastructure-0.91%
Trade Distributors-1.01%
Building-1.50%
Machinery-2.12%
Logistics-2.28%
Transportation-4.37%
Construction-4.73%
Electrical-6.27%
Airlines-8.72%
Professional Services-8.89%
Industry PE
  • Investors are most optimistic about the Airlines industry which is trading above its 3-year average PE ratio of 4.1x.
    • Analysts are expecting annual earnings growth of 85.6%, 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 86% 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
IJM IJM Corporation BerhadRM 2.731.9%
+RM 175.3m		11.0%PE23.7x
SUNCON Sunway Construction Group BerhadRM 5.960.7%
+RM 55.3m		49.0%PE25.2x
BIPORT Bintulu Port Holdings BerhadRM 5.501.9%
+RM 46.0m		-8.5%PE18.6x
BHIC Boustead Heavy Industries Corporation BerhadRM 0.3131.9%
+RM 42.3m		-25.3%PS0.9x
HEXTECH Hextar Technologies Solutions BerhadRM 1.171.7%
+RM 41.2m		-13.3%PS15.8x

Latest News

ZETRIX
RM 0.69
Zetrix AI Berhad
7D
-14.9%
1Y
-32.8%

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
AAX
RM 1.90
AirAsia X Berhad
7D
-9.5%
1Y
6.7%

AAX: Follow On Equity And New Leadership Will Support Future Upside

Analysts have raised their price target for AirAsia X Berhad from RM2.08 to about RM2.90, citing updated assumptions around revenue growth, profit margin and a lower discount rate, as well as a revised future P/E multiple. What's in the News Appointment of Mr. Tharumalingam A/L Kanagalingam, also known as Bo Lingam, as Group Chief Executive Officer of AirAsia X Berhad with effect from January 19, 2026, following a long tenure across multiple leadership roles within the wider AirAsia group (Key Developments).
WPRTS
RM 5.95
Westports Holdings Berhad
7D
-2.6%
1Y
31.1%
GAMUDA
RM 4.10
Gamuda Berhad
7D
-7.2%
1Y
-10.1%
HEXTECH
RM 1.17
Hextar Technologies Solutions Berhad
7D
1.7%
1Y
-13.3%
BHIC
RM 0.31
Boustead Heavy Industries Corporation Berhad
7D
31.9%
1Y
-25.3%
SCBUILD
RM 0.01
SC Estate Builder Berhad
7D
100.0%
1Y
0%

SC Estate Builder Berhad (KLSE:SCBUILD) Is Doing The Right Things To Multiply Its Share Price

Jan 21
SC Estate Builder Berhad (KLSE:SCBUILD) Is Doing The Right Things To Multiply Its Share Price
SLVEST
RM 2.37
Solarvest Holdings Berhad
7D
-6.0%
1Y
37.8%

Solarvest Holdings Berhad (KLSE:SLVEST) Investors Are Less Pessimistic Than Expected

Jan 20
Solarvest Holdings Berhad (KLSE:SLVEST) Investors Are Less Pessimistic Than Expected
CAPITALA
RM 0.57
Capital A Berhad
7D
-7.3%
1Y
-37.4%
IJM
RM 2.73
IJM Corporation Berhad
7D
1.9%
1Y
11.0%
KGB
RM 4.87
Kelington Group Berhad
7D
-7.8%
1Y
41.6%

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
SUNCON
RM 5.96
Sunway Construction Group Berhad
7D
0.7%
1Y
49.0%

We Think Sunway Construction Group Berhad (KLSE:SUNCON) Can Manage Its Debt With Ease

Jan 06
We Think Sunway Construction Group Berhad (KLSE:SUNCON) Can Manage Its Debt With Ease
FRONTKN
RM 3.86
Frontken Corporation Berhad
7D
0.5%
1Y
-2.3%
TANCO
RM 1.33
Tanco Holdings Berhad
7D
-2.2%
1Y
71.6%

Returns Are Gaining Momentum At Tanco Holdings Berhad (KLSE:TANCO)

Dec 19
Returns Are Gaining Momentum At Tanco Holdings Berhad (KLSE:TANCO)
BIPORT
RM 5.50
Bintulu Port Holdings Berhad
7D
1.9%
1Y
-8.5%

Bintulu Port Holdings Berhad's (KLSE:BIPORT) Soft Earnings Are Actually Better Than They Appear

Nov 28
Bintulu Port Holdings Berhad's (KLSE:BIPORT) Soft Earnings Are Actually Better Than They Appear
ENGTEX
RM 0.53
Engtex Group Berhad
7D
8.2%
1Y
-4.5%

Engtex Group Berhad's (KLSE:ENGTEX) Problems Go Beyond Weak Profit

Nov 27
Engtex Group Berhad's (KLSE:ENGTEX) Problems Go Beyond Weak Profit