Calculating The Fair Value Of Cabnet Holdings Berhad (KLSE:CABNET)
Nov 15
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Commercial Services Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies28
- 7D1.1%
- 3M5.1%
- 1Y5.5%
- YTD11.8%
Over the last 7 days, the Commercial Services industry has remained flat. As for the the longer term, the industry is up 3.6% over the past 12 months. Earnings are forecast to grow by 27% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | RM 12.5b | RM 3.5b | RM 62.7m | 16x | 200.1x | 3.6x |
| Tue, 22 Oct 2024 | RM 11.8b | RM 3.5b | RM 46.1m | 18.1x | 256.3x | 3.4x |
| Thu, 19 Sep 2024 | RM 11.6b | RM 3.5b | RM 69.1m | 16.6x | 167.9x | 3.3x |
| Sat, 17 Aug 2024 | RM 12.0b | RM 3.5b | RM 67.4m | 21.9x | 178.7x | 3.5x |
| Mon, 15 Jul 2024 | RM 13.5b | RM 3.4b | RM 63.6m | 17.7x | 212.2x | 3.9x |
| Wed, 12 Jun 2024 | RM 13.2b | RM 3.5b | -RM 4,300,801.00 | 17.7x | -3061.3x | 3.8x |
| Fri, 10 May 2024 | RM 12.6b | RM 3.5b | RM 3.9m | 15.8x | 3219.7x | 3.6x |
| Sun, 07 Apr 2024 | RM 12.2b | RM 3.4b | -RM 2,871,496.00 | 15.8x | -4231.7x | 3.6x |
| Tue, 05 Mar 2024 | RM 11.5b | RM 3.4b | -RM 3,094,496.00 | 14.3x | -3731.1x | 3.4x |
| Thu, 01 Feb 2024 | RM 11.1b | RM 4.5b | RM 44.5m | 19.8x | 248.4x | 2.5x |
| Sat, 30 Dec 2023 | RM 10.8b | RM 4.5b | RM 44.5m | 21x | 243.5x | 2.4x |
| Mon, 27 Nov 2023 | RM 11.3b | RM 4.5b | RM 61.8m | 20.1x | 181.9x | 2.5x |
| Wed, 25 Oct 2023 | RM 10.7b | RM 4.6b | RM 103.5m | 20.6x | 103.7x | 2.3x |
| Fri, 22 Sep 2023 | RM 10.7b | RM 4.6b | RM 105.4m | 21.1x | 101.5x | 2.3x |
| Sun, 20 Aug 2023 | RM 10.8b | RM 4.6b | RM 106.5m | 13.9x | 101.1x | 2.3x |
| Tue, 18 Jul 2023 | RM 10.6b | RM 4.6b | RM 97.0m | 16.1x | 108.8x | 2.3x |
| Thu, 15 Jun 2023 | RM 10.2b | RM 4.6b | RM 298.7m | 19.8x | 34x | 2.2x |
| Sat, 13 May 2023 | RM 9.4b | RM 215.5b | RM 7.8b | 10.8x | 1.2x | 0.04x |
| Mon, 10 Apr 2023 | RM 10.1b | RM 4.6b | RM 308.2m | 16.2x | 32.9x | 2.2x |
| Wed, 08 Mar 2023 | RM 10.8b | RM 4.6b | RM 307.2m | 19.5x | 35.2x | 2.3x |
| Fri, 03 Feb 2023 | RM 11.2b | RM 4.6b | RM 379.7m | 16.7x | 29.5x | 2.4x |
| Sun, 01 Jan 2023 | RM 9.9b | RM 4.6b | RM 394.2m | 14.5x | 25x | 2.2x |
| Tue, 29 Nov 2022 | RM 9.4b | RM 4.6b | RM 422.5m | 14.2x | 22.2x | 2x |
| Thu, 27 Oct 2022 | RM 8.1b | RM 4.5b | RM 460.2m | 12.4x | 17.5x | 1.8x |
| Sat, 24 Sep 2022 | RM 8.5b | RM 4.5b | RM 465.3m | 12.6x | 18.3x | 1.9x |
| Mon, 22 Aug 2022 | RM 8.6b | RM 4.4b | RM 436.8m | 12.9x | 19.8x | 2x |
| Wed, 20 Jul 2022 | RM 7.5b | RM 4.2b | RM 416.7m | 10.5x | 18x | 1.8x |
| Fri, 17 Jun 2022 | RM 8.0b | RM 4.2b | RM 420.5m | 11.3x | 19x | 1.9x |
| Sun, 15 May 2022 | RM 8.3b | RM 4.1b | RM 408.1m | 11.7x | 20.5x | 2x |
| Tue, 12 Apr 2022 | RM 8.9b | RM 4.1b | RM 405.9m | 12.4x | 22x | 2.2x |
| Thu, 10 Mar 2022 | RM 8.8b | RM 4.1b | RM 406.7m | 11.6x | 21.5x | 2.1x |
| Sat, 05 Feb 2022 | RM 9.9b | RM 4.0b | RM 310.2m | 13.1x | 32x | 2.5x |
| Mon, 03 Jan 2022 | RM 11.4b | RM 4.0b | RM 310.6m | 13.4x | 36.6x | 2.9x |
| Wed, 01 Dec 2021 | RM 10.8b | RM 4.0b | RM 309.7m | 13.6x | 34.9x | 2.7x |
Price to Earnings Ratio
34.9x
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 194x which is higher than its 3-year average PE of -119x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 41% per year over the last three years,
- Revenues have also declined 3.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 0.092% | |
| Industrials | 1.30% | |
| Commercial Services | 1.14% | |
| Environmental and Facilities Services | 3.36% | |
| Office Services and Supplies | 1.20% | |
| Diversified Support Services | 1.14% | |
| Commercial Printing | -1.08% | |
| Security and Alarm Services | -10.17% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry, which is trading close to its 3-year average PE ratio of 47.5x.
- Analysts expect its future annual earnings growth (19.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 107% over the next 5 years.
- This is better than its past earnings growth rate of 26% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| FRONTKN Frontken Corporation Berhad | RM 4.11 | 1.2% +RM 79.1m | 24.9% | PE50.6x | |
| CYPARK Cypark Resources Berhad | RM 0.89 | 6.0% +RM 41.1m | -9.2% | PS3.7x | |
| KJTS KJTS Group Berhad | RM 0.74 | 5.7% +RM 27.5m | n/a | PE62.7x | |
| CGB Central Global Berhad | RM 0.86 | 1.8% +RM 11.4m | 14.7% | PS3.9x | |
| UNIQUE Unique Fire Holdings Berhad | RM 0.40 | 6.7% +RM 10.0m | 40.4% | PE16x |
