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Malaysian (KLSE) Industrials Sector Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies303
  • 7D-1.4%
  • 3M-4.2%
  • 1Y6.8%
  • YTD-3.9%

The Industrials industry has been flat over the last week, but Sunway Berhad has lost 4.4%. The past year has been better, since the industry has gained 6.4% in that time. 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, 26 Mar 2026RM 295.5bRM 270.8bRM 21.5b15.1x13.7x1.1x
Sat, 21 Feb 2026RM 309.7bRM 266.8bRM 12.5b14.4x24.8x1.2x
Mon, 19 Jan 2026RM 308.5bRM 266.4bRM 12.7b14.2x24.3x1.2x
Wed, 17 Dec 2025RM 290.7bRM 266.1bRM 12.7b13.5x23x1.1x
Fri, 14 Nov 2025RM 294.6bRM 262.6bRM 12.4b13.8x23.8x1.1x
Sun, 12 Oct 2025RM 302.9bRM 264.7bRM 12.3b14.8x24.7x1.1x
Tue, 09 Sep 2025RM 288.4bRM 264.0bRM 12.1b14.6x23.8x1.1x
Thu, 07 Aug 2025RM 281.9bRM 258.4bRM 11.3b15.1x24.9x1.1x
Sat, 05 Jul 2025RM 278.4bRM 258.3bRM 11.1b15.4x25.2x1.1x
Mon, 02 Jun 2025RM 260.0bRM 256.5bRM 11.1b14.8x23.5x1x
Wed, 30 Apr 2025RM 249.7bRM 257.5bRM 12.1b15.2x20.7x1x
Fri, 28 Mar 2025RM 253.0bRM 257.1bRM 12.1b15.5x21x1x
Sun, 23 Feb 2025RM 267.2bRM 248.6bRM 10.9b16.5x24.6x1.1x
Tue, 21 Jan 2025RM 283.0bRM 254.2bRM 12.7b17x22.3x1.1x
Thu, 19 Dec 2024RM 290.5bRM 253.7bRM 12.6b17.7x23x1.1x
Sat, 16 Nov 2024RM 285.5bRM 246.9bRM 11.6b17.7x24.7x1.2x
Mon, 14 Oct 2024RM 282.8bRM 246.9bRM 11.6b18.1x24.5x1.1x
Wed, 11 Sep 2024RM 276.2bRM 245.4bRM 11.6b17.4x23.7x1.1x
Fri, 09 Aug 2024RM 285.4bRM 237.2bRM 12.0b19.3x23.8x1.2x
Sun, 07 Jul 2024RM 301.0bRM 235.9bRM 11.9b19.3x25.4x1.3x
Tue, 04 Jun 2024RM 284.1bRM 234.4bRM 10.9b18.8x26x1.2x
Thu, 02 May 2024RM 270.3bRM 225.6bRM 10.7b17.4x25.3x1.2x
Sat, 30 Mar 2024RM 259.6bRM 225.1bRM 10.6b17.1x24.4x1.2x
Mon, 26 Feb 2024RM 246.4bRM 221.6bRM 75.5m17.7x3263.3x1.1x
Wed, 24 Jan 2024RM 238.7bRM 232.1bRM 852.5m18.1x280x1x
Fri, 22 Dec 2023RM 232.2bRM 232.2bRM 1.2b17.4x194.4x1x
Sun, 19 Nov 2023RM 231.6bRM 225.9bRM 1.5b17.3x155x1x
Tue, 17 Oct 2023RM 228.2bRM 224.4bRM 1.5b17.6x155x1x
Thu, 14 Sep 2023RM 222.2bRM 222.6bRM 1.4b16.8x154.1x1x
Sat, 12 Aug 2023RM 218.7bRM 218.0b-RM 29,114,767.0016.1x-7511.9x1x
Mon, 10 Jul 2023RM 210.8bRM 218.1bRM 51.0m15.2x4136.7x1x
Wed, 07 Jun 2023RM 212.6bRM 217.3bRM 174.7m15.1x1216.9x1x
Fri, 05 May 2023RM 217.8bRM 215.0bRM 33.3b15.4x6.5x1x
Sun, 02 Apr 2023RM 217.8bRM 215.3bRM 33.3b15.8x6.5x1x
Price to Earnings Ratio

6.5x


Total Market Cap: RM 217.8bTotal Earnings: RM 33.3bTotal 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 13.7x 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 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 Market-1.21%
Industrials-1.38%
Aerospace & Defense3.39%
Trade Distributors0.23%
Infrastructure-0.46%
Marine and Shipping-0.70%
Building-0.92%
Construction-1.01%
Commercial Services-1.19%
Machinery-1.27%
Industrials-2.01%
Electrical-2.05%
Transportation-3.02%
Logistics-4.46%
Airlines-4.62%
Professional Services-4.67%
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 124x.
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
TANCO Tanco Holdings BerhadRM 1.442.9%
+RM 241.0m		76.3%PE860.1x
IJM IJM Corporation BerhadRM 2.392.6%
+RM 210.3m		14.4%PE27.4x
CHINHIN Chin Hin Group BerhadRM 2.160.9%
+RM 70.8m		4.3%PE73.8x
HUBLINE Hubline BerhadRM 0.0525.0%
+RM 42.9m		11.1%PS1.2x
PEKAT Pekat Group BerhadRM 1.373.8%
+RM 35.3m		15.1%PE21.5x

Latest News

HUBLINE
RM 0.05
Hubline Berhad
7D
25.0%
1Y
11.1%
PEKAT
RM 1.37
Pekat Group Berhad
7D
3.8%
1Y
15.1%
AAX
RM 1.24
AirAsia X Berhad
7D
-4.6%
1Y
-21.0%

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 8.26
MISC Berhad
7D
-0.7%
1Y
16.0%

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 4.16
Gamuda Berhad
7D
-0.7%
1Y
3.7%
SSB8
RM 0.59
Southern Score Builders Berhad
7D
1.7%
1Y
25.5%
ZETRIX
RM 0.75
Zetrix AI Berhad
7D
-5.1%
1Y
-18.9%
SUNCON
RM 6.59
Sunway Construction Group Berhad
7D
-2.4%
1Y
51.5%
VLB
RM 0.52
Vestland Berhad
7D
7.2%
1Y
6.1%
CHINHIN
RM 2.16
Chin Hin Group Berhad
7D
0.9%
1Y
4.3%
HAPSENG
RM 2.77
Hap Seng Consolidated Berhad
7D
-2.5%
1Y
-2.8%
SUNWAY
RM 5.24
Sunway Berhad
7D
-4.4%
1Y
18.0%
IJM
RM 2.39
IJM Corporation Berhad
7D
2.6%
1Y
14.4%
HLIND
RM 16.88
Hong Leong Industries Berhad
7D
0.5%
1Y
20.9%
TANCO
RM 1.44
Tanco Holdings Berhad
7D
2.9%
1Y
76.3%

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
-6.7%
1Y
-49.7%