Computer Forms (Malaysia) Berhad's (KLSE:CFM) Shareholders May Want To Dig Deeper Than Statutory Profit
Computer Forms (Malaysia) Berhad's ( KLSE:CFM ) robust recent earnings didn't do much to move the stock. We think this...
Has the Malaysian Commercial Services Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||RM10.7b||RM4.0b||RM307.1m||13.3x|
|Tue, 02 Nov 2021||RM11.3b||RM4.0b||RM251.7m||21.3x|
|Thu, 30 Sep 2021||RM10.9b||RM4.0b||RM251.3m||21.2x|
|Sat, 28 Aug 2021||RM10.5b||RM3.9b||RM276.7m||23.2x|
|Sun, 04 Jul 2021||RM9.4b||RM3.9b||RM276.7m||21.2x|
|Wed, 07 Apr 2021||RM13.5b||RM3.8b||RM259.4m||28.2x|
|Sat, 09 Jan 2021||RM10.0b||RM3.8b||RM203.2m||23.9x|
|Fri, 02 Oct 2020||RM7.6b||RM3.9b||RM155.7m||18.1x|
|Mon, 06 Jul 2020||RM6.0b||RM3.9b||RM123.0m||34.4x|
|Thu, 09 Apr 2020||RM4.2b||RM4.2b||RM146.0m||15.2x|
|Wed, 01 Jan 2020||RM5.9b||RM4.2b||RM190.8m||17.2x|
|Sat, 05 Oct 2019||RM5.2b||RM4.3b||RM278.5m||13.7x|
|Tue, 09 Jul 2019||RM4.7b||RM4.1b||RM288.7m||10.8x|
|Mon, 01 Apr 2019||RM4.6b||RM4.1b||RM271.6m||15x|
|Thu, 03 Jan 2019||RM3.9b||RM4.1b||RM251.8m||13.9x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 13.4x which is lower than its 3-year average PE of 19.9x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Commercial Services industry have grown 6.9% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Malaysian Commercial Services industry?
|Security and Alarm Services||1.89%|
|Environmental and Facilities Services||-2.25%|
|Diversified Support Services||-2.49%|
|Office Services and Supplies||-4.36%|
Industry PE: Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 40.5x. This is likely because analysts are expecting annual earnings growth of 20%, which is higher than its past year's earnings growth of 9.2% per year. Meanwhile, investors are most pessimistic about the Environmental and Facilities Services industry, which is trading below its 3-year average of 17.1x.
Forecasted Growth: Analysts are most optimistic on the Commercial Printing industry, expecting annual earnings growth of 21% over the next 5 years. However this is lower than its past earnings growth rate of 57% per year. Meanwhile, the Diversified Support Services industry is expected to see its earnings grow by 20% per year over the next few years.
Which companies have driven the market over the last 7 days?
Computer Forms (Malaysia) Berhad
Pelikan International Corporation Berhad
Euro Holdings Berhad
MTAG Group Berhad
AHB Holdings Berhad
CWG Holdings Berhad
MClean Technologies Berhad
Jadi Imaging Holdings Berhad
Asia File Corporation Bhd
Nextgreen Global Berhad
Fima Corporation Berhad
TAFI Industries Berhad
Frontken Corporation Berhad