Progressive Impact Corporation Berhad's (KLSE:PICORP) Shares Bounce 33% But Its Business Still Trails The Industry
Sep 25
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Malaysian (KLSE) Environmental and Facilities Services Industry Analysis
UpdatedSep 29, 2025
DataAggregated Company Financials
Companies10
- 7D-0.3%
- 3M12.3%
- 1Y37.4%
- YTDn/a
The Environmental and Facilities Services is pretty flat in the last 7 days, but JAG Berhad has stood out, gaining 3.8%. As for the the longer term, the industry is up 37% over the past 12 months. As for the next few years, earnings are expected to grow by 52% per annum.
Industry Valuation and Performance
Has the Malaysian Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 Sep 2025 | RM 2.8b | RM 1.1b | RM 18.6m | 10.4x | 151.2x | 2.5x |
| Wed, 27 Aug 2025 | RM 2.8b | RM 1.1b | RM 17.0m | 10x | 166.7x | 2.5x |
| Fri, 25 Jul 2025 | RM 2.6b | RM 1.1b | RM 20.2m | 11.9x | 127x | 2.4x |
| Sun, 22 Jun 2025 | RM 2.3b | RM 1.1b | -RM 42,460,000.00 | 11.5x | -55.3x | 2.1x |
| Tue, 20 May 2025 | RM 2.3b | RM 1.1b | -RM 36,868,021.00 | 17.8x | -63.7x | 2.1x |
| Thu, 17 Apr 2025 | RM 2.1b | RM 1.1b | -RM 33,502,536.00 | 14x | -63.4x | 1.9x |
| Sat, 15 Mar 2025 | RM 2.3b | RM 1.1b | -RM 69,745,952.00 | 15.7x | -32.9x | 2.1x |
| Mon, 10 Feb 2025 | RM 2.5b | RM 1.1b | -RM 65,029,339.00 | 16.2x | -38.6x | 2.4x |
| Wed, 08 Jan 2025 | RM 2.2b | RM 1.0b | -RM 69,555,803.00 | 15.9x | -31.9x | 2.2x |
| Fri, 06 Dec 2024 | RM 2.2b | RM 1.0b | -RM 68,065,266.00 | 17x | -32.5x | 2.1x |
| Sun, 03 Nov 2024 | RM 2.0b | RM 968.9m | -RM 65,195,860.00 | 14x | -31x | 2.1x |
| Tue, 01 Oct 2024 | RM 1.8b | RM 955.6m | -RM 42,134,971.00 | 13.3x | -43.3x | 1.9x |
| Thu, 29 Aug 2024 | RM 1.9b | RM 926.8m | -RM 41,855,972.00 | 14.7x | -45.9x | 2.1x |
| Sat, 27 Jul 2024 | RM 2.1b | RM 924.2m | -RM 37,664,972.00 | 14.2x | -56.8x | 2.3x |
| Mon, 24 Jun 2024 | RM 2.3b | RM 948.2m | -RM 105,552,394.00 | 14.4x | -21.4x | 2.4x |
| Wed, 22 May 2024 | RM 2.3b | RM 915.2m | -RM 114,793,439.00 | 16.3x | -20.3x | 2.5x |
| Fri, 19 Apr 2024 | RM 2.2b | RM 909.7m | -RM 114,595,423.00 | 13.3x | -18.9x | 2.4x |
| Sun, 17 Mar 2024 | RM 2.0b | RM 909.7m | -RM 114,595,423.00 | 13.3x | -17.1x | 2.2x |
| Tue, 13 Feb 2024 | RM 1.8b | RM 873.6m | -RM 128,497,482.00 | 12.6x | -13.8x | 2x |
| Thu, 11 Jan 2024 | RM 1.8b | RM 991.6m | -RM 162,863,741.00 | 12.6x | -10.9x | 1.8x |
| Sat, 09 Dec 2023 | RM 1.8b | RM 991.6m | -RM 162,863,741.00 | 11.9x | -11x | 1.8x |
| Mon, 06 Nov 2023 | RM 1.8b | RM 1.0b | -RM 162,485,741.00 | 11x | -10.8x | 1.7x |
| Wed, 04 Oct 2023 | RM 1.7b | RM 1.0b | -RM 162,485,741.00 | 11.2x | -10.3x | 1.6x |
| Fri, 01 Sep 2023 | RM 1.6b | RM 1.0b | -RM 160,466,103.00 | 11.7x | -9.8x | 1.6x |
| Sun, 30 Jul 2023 | RM 1.6b | RM 1.0b | -RM 161,477,821.00 | 10.3x | -9.8x | 1.5x |
| Tue, 27 Jun 2023 | RM 1.5b | RM 1.0b | RM 40.2m | 15x | 38.5x | 1.5x |
| Thu, 25 May 2023 | RM 1.5b | RM 1.0b | RM 41.5m | 14.8x | 36.1x | 1.5x |
| Sat, 22 Apr 2023 | RM 1.6b | RM 1.0b | RM 41.9m | 14.8x | 38.7x | 1.6x |
| Mon, 20 Mar 2023 | RM 1.6b | RM 1.1b | RM 51.3m | 13.5x | 31.8x | 1.5x |
| Wed, 15 Feb 2023 | RM 2.0b | RM 1.0b | RM 45.0m | 12.7x | 43.8x | 1.9x |
| Fri, 13 Jan 2023 | RM 1.6b | RM 1.0b | RM 45.0m | 12.1x | 35.9x | 1.5x |
| Sun, 11 Dec 2022 | RM 1.2b | RM 1.1b | RM 64.5m | 8.9x | 18.7x | 1.1x |
| Tue, 08 Nov 2022 | RM 1.1b | RM 1.0b | RM 78.6m | 9.5x | 14.2x | 1.1x |
| Thu, 06 Oct 2022 | RM 971.5m | RM 1.0b | RM 78.6m | 10.1x | 12.4x | 0.9x |
Price to Earnings Ratio
12.4x
Current Industry PE
- Investors are optimistic on the Malaysian Environmental and Facilities Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 151x which is higher than its 3-year average PE of -2.8x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have declined 38% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.8% 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 Comparison
How does Malaysian Environmental and Facilities Services compare with similar industries?
| MY Market | 1.05% | |
| Industrials | 1.04% | |
| Commercial Services | -1.13% | |
| Environmental and Facilities Services | -0.31% | |
| Security and Alarm Services | 22.73% | |
| Office Services and Supplies | 3.24% | |
| Commercial Printing | 1.55% | |
| Diversified Support Services | -3.29% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JAG JAG Berhad | RM 0.27 | 3.8% +RM 7.0m | -5.3% | PS0.8x | |
| KJTS KJTS Group Berhad | RM 1.57 | 0.6% +RM 6.9m | 149.2% | PE77.6x | |
| SDCG Solar District Cooling Group Berhad | RM 0.58 | 1.8% +RM 4.2m | 28.9% | PE84.1x | |
| GFM GFM Services Berhad | RM 0.21 | 2.4% +RM 3.8m | -12.5% | PE6.8x | |
| PICORP Progressive Impact Corporation Berhad | RM 0.035 | 16.7% +RM 3.3m | -46.2% | PS0.2x |
