Analysis Article • Jun 02

In the last week, the Commercial Services industry is up 3.6%, with Frontken Corporation Berhad up 5.3%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
Has the Malaysian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | RM 15.5b | RM 4.0b | RM 249.2m | 19.3x | 62.2x | 3.9x |
| Tue, 19 May 2026 | RM 15.0b | RM 4.0b | RM 225.7m | 16x | 66.4x | 3.7x |
| Thu, 16 Apr 2026 | RM 13.3b | RM 4.0b | RM 228.7m | 15.6x | 58.3x | 3.4x |
| Sat, 14 Mar 2026 | RM 11.7b | RM 3.8b | RM 223.5m | 14.8x | 52.6x | 3.1x |
| Mon, 09 Feb 2026 | RM 12.1b | RM 3.8b | RM 226.3m | 14.9x | 53.3x | 3.2x |
| Wed, 07 Jan 2026 | RM 13.1b | RM 3.7b | RM 226.0m | 14.2x | 58.2x | 3.5x |
| Fri, 05 Dec 2025 | RM 13.0b | RM 3.7b | RM 245.8m | 13.6x | 52.9x | 3.5x |
| Sun, 02 Nov 2025 | RM 13.6b | RM 3.6b | RM 186.9m | 16.5x | 72.6x | 3.8x |
| Tue, 30 Sep 2025 | RM 13.1b | RM 3.6b | RM 178.9m | 15.5x | 73.2x | 3.6x |
| Thu, 28 Aug 2025 | RM 12.7b | RM 3.4b | RM 167.9m | 14.9x | 75.9x | 3.8x |
| Sat, 26 Jul 2025 | RM 11.9b | RM 3.4b | RM 161.4m | 15x | 74x | 3.5x |
| Mon, 23 Jun 2025 | RM 11.3b | RM 3.4b | RM 98.7m | 13.9x | 114.3x | 3.3x |
| Wed, 21 May 2025 | RM 11.8b | RM 3.5b | RM 144.6m | 15.2x | 81.3x | 3.3x |
| Fri, 18 Apr 2025 | RM 10.6b | RM 3.6b | RM 150.8m | 14.4x | 70.2x | 3x |
| Sun, 16 Mar 2025 | RM 11.4b | RM 3.6b | RM 113.2m | 15.5x | 100.9x | 3.2x |
| Tue, 11 Feb 2025 | RM 12.4b | RM 3.5b | RM 55.0m | 17x | 225.9x | 3.5x |
| Thu, 09 Jan 2025 | RM 13.1b | RM 3.5b | RM 55.6m | 17x | 236.7x | 3.7x |
| Sat, 07 Dec 2024 | RM 13.0b | RM 3.5b | RM 57.0m | 17.9x | 228x | 3.7x |
| Mon, 04 Nov 2024 | RM 11.9b | RM 3.5b | RM 61.9m | 16.8x | 192.3x | 3.4x |
| Wed, 02 Oct 2024 | RM 11.7b | RM 3.5b | RM 50.7m | 18.6x | 230.9x | 3.4x |
| Fri, 30 Aug 2024 | RM 11.4b | RM 3.5b | RM 95.3m | 17.5x | 119.3x | 3.3x |
| Sun, 28 Jul 2024 | RM 12.9b | RM 3.4b | RM 63.6m | 21x | 202.4x | 3.7x |
| Tue, 25 Jun 2024 | RM 13.5b | RM 3.5b | -RM 4,300,801.00 | 17.7x | -3134.9x | 3.9x |
| Thu, 23 May 2024 | RM 13.3b | RM 3.5b | RM 4.2m | 16.4x | 3174.4x | 3.8x |
| Sat, 20 Apr 2024 | RM 12.1b | RM 3.4b | -RM 2,871,496.00 | 15.4x | -4211.4x | 3.6x |
| Mon, 18 Mar 2024 | RM 11.6b | RM 3.4b | -RM 2,871,496.00 | 15x | -4047.9x | 3.5x |
| Wed, 14 Feb 2024 | RM 11.2b | RM 4.3b | RM 78.1m | 21.1x | 143.7x | 2.6x |
| Fri, 12 Jan 2024 | RM 11.0b | RM 4.5b | RM 44.5m | 21.7x | 247.5x | 2.5x |
| Sun, 10 Dec 2023 | RM 10.9b | RM 4.5b | RM 44.5m | 21.7x | 244.7x | 2.4x |
| Tue, 07 Nov 2023 | RM 11.0b | RM 4.6b | RM 95.5m | 20.9x | 115x | 2.4x |
| Thu, 05 Oct 2023 | RM 10.5b | RM 4.6b | RM 103.5m | 21x | 101.9x | 2.3x |
| Sat, 02 Sep 2023 | RM 11.0b | RM 4.6b | RM 93.4m | 21.9x | 117.5x | 2.4x |
| Mon, 31 Jul 2023 | RM 10.6b | RM 4.6b | RM 103.0m | 18.8x | 103.1x | 2.3x |
| Wed, 28 Jun 2023 | RM 10.0b | RM 4.6b | RM 298.7m | 18.4x | 33.4x | 2.2x |
33.4x
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 1.42% | |
| Industrials | 2.37% | |
| Commercial Services | 3.64% | |
| Diversified Support Services | 5.35% | |
| Environmental and Facilities Services | 2.65% | |
| Office Services and Supplies | 0.38% | |
| Commercial Printing | -0.78% | |
| Security and Alarm Services | -6.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FRONTKN Frontken Corporation Berhad | RM 5.00 | 5.3% +RM 453.2m | 29.5% | PE54.8x | |
| KJTS KJTS Group Berhad | RM 0.80 | 9.6% +RM 48.3m | -22.3% | PE30.1x | |
| ADNEX Adnex Group Berhad | RM 0.37 | 12.1% +RM 20.0m | n/a | PE20.1x | |
| PICORP Progressive Impact Corporation Berhad | RM 0.065 | 44.4% +RM 13.1m | 62.5% | PE15.1x | |
| MCLEAN MClean Technologies Berhad | RM 0.73 | 6.6% +RM 11.1m | 165.5% | PE16.5x |