Is Cypark Resources Berhad (KLSE:CYPARK) Using Too Much Debt?
Sep 20
Malaysian (KLSE) Commercial Services Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies29
- 7D0.4%
- 3M4.9%
- 1Y20.4%
- YTD1.2%
Last week, the Commercial Services industry hasn't moved much but Cypark Resources Berhad is up 14% in that time. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Malaysian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | RM10.7b | RM4.6b | RM105.4m | 20.8x | 101.8x | 2.3x |
| Thu, 24 Aug 2023 | RM10.8b | RM4.6b | RM97.6m | 16.3x | 110.4x | 2.3x |
| Sat, 22 Jul 2023 | RM10.3b | RM4.6b | RM97.0m | 15.6x | 106x | 2.2x |
| Mon, 19 Jun 2023 | RM9.9b | RM4.6b | RM298.7m | 18.4x | 33x | 2.2x |
| Wed, 17 May 2023 | RM9.3b | RM215.5b | RM7.8b | 10.6x | 1.2x | 0.04x |
| Fri, 14 Apr 2023 | RM10.2b | RM4.6b | RM308.2m | 15.8x | 33.1x | 2.2x |
| Sun, 12 Mar 2023 | RM10.2b | RM4.6b | RM307.2m | 18.7x | 33.3x | 2.2x |
| Tue, 07 Feb 2023 | RM11.2b | RM4.6b | RM378.9m | 16.3x | 29.7x | 2.5x |
| Thu, 05 Jan 2023 | RM10.1b | RM4.6b | RM380.0m | 14.9x | 26.5x | 2.2x |
| Sat, 03 Dec 2022 | RM10.0b | RM4.6b | RM422.5m | 14.2x | 23.7x | 2.2x |
| Mon, 31 Oct 2022 | RM8.1b | RM4.5b | RM460.2m | 12.5x | 17.5x | 1.8x |
| Wed, 28 Sep 2022 | RM8.5b | RM4.5b | RM465.3m | 12.7x | 18.3x | 1.9x |
| Fri, 26 Aug 2022 | RM8.7b | RM4.4b | RM452.3m | 14x | 19.1x | 2x |
| Sun, 24 Jul 2022 | RM7.9b | RM4.2b | RM416.7m | 11.4x | 19x | 1.9x |
| Tue, 21 Jun 2022 | RM7.9b | RM4.2b | RM420.5m | 10.7x | 18.7x | 1.9x |
| Thu, 19 May 2022 | RM8.5b | RM4.1b | RM407.3m | 11.9x | 20.8x | 2.1x |
| Sat, 16 Apr 2022 | RM9.1b | RM4.1b | RM405.9m | 12.9x | 22.3x | 2.2x |
| Mon, 14 Mar 2022 | RM8.8b | RM4.1b | RM406.7m | 12x | 21.7x | 2.2x |
| Wed, 09 Feb 2022 | RM9.8b | RM4.0b | RM310.2m | 13.4x | 31.7x | 2.5x |
| Fri, 07 Jan 2022 | RM11.8b | RM4.0b | RM310.6m | 16.7x | 37.9x | 3x |
| Sun, 05 Dec 2021 | RM10.6b | RM4.0b | RM309.0m | 13.4x | 34.4x | 2.7x |
| Tue, 02 Nov 2021 | RM11.3b | RM4.0b | RM251.7m | 21.3x | 44.8x | 2.8x |
| Thu, 30 Sep 2021 | RM10.9b | RM4.0b | RM251.3m | 21.2x | 43.3x | 2.8x |
| Sat, 28 Aug 2021 | RM10.5b | RM3.9b | RM276.7m | 23.2x | 37.8x | 2.7x |
| Sun, 04 Jul 2021 | RM9.4b | RM3.9b | RM276.7m | 21.2x | 34.1x | 2.4x |
| Wed, 07 Apr 2021 | RM13.5b | RM3.8b | RM259.4m | 28.2x | 52x | 3.6x |
| Sat, 09 Jan 2021 | RM10.0b | RM3.8b | RM203.2m | 23.9x | 49.4x | 2.7x |
| Fri, 02 Oct 2020 | RM7.6b | RM3.9b | RM155.7m | 18.1x | 48.8x | 2x |
Price to Earnings Ratio
48.8x
Current Industry PE
- Investors are optimistic on the Malaysian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 102x which is higher than its 3-year average PE of 40.5x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.9% 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 industry?
| MY Market | -0.19% | |
| Industrials | 0.39% | |
| Commercial Services | 0.44% | |
| Environmental and Facilities Services | 5.74% | |
| Commercial Printing | 0.84% | |
| Office Services and Supplies | 0.80% | |
| Diversified Support Services | -1.54% | |
| Security and Alarm Services | -4.35% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 44.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 94% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 6.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CYPARK Cypark Resources Berhad | RM1.00 | 5.3% +RM39.3m | 141.0% | PS3.8x | |
| JADI Jadi Imaging Holdings Berhad | RM0.07 | 16.7% +RM14.0m | -12.5% | PS3.1x | |
| PELIKAN Pelikan International Corporation Berhad | RM0.92 | 2.2% +RM12.1m | 247.2% | PE8x | |
| CGB Central Global Berhad | RM2.51 | 1.6% +RM7.5m | 175.8% | PE60.9x | |
| MTAG MTAG Group Berhad | RM0.43 | 2.4% +RM6.8m | -7.4% | PE9.9x |
