Does GFM Services Berhad (KLSE:GFM) Deserve A Spot On Your Watchlist?
May 21
Malaysian (KLSE) Commercial Services Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies27
- 7D3.0%
- 3M16.7%
- 1Y33.0%
- YTD22.5%
Over the last 7 days, the Commercial Services industry has risen 2.4%, driven by gains from Frontken Corporation Berhad of 3.7%. In the last 12 months, the industry was up 31%. 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 |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | RM13.3b | RM3.5b | RM2.2m | 16.4x | 6063x | 3.8x |
| Fri, 19 Apr 2024 | RM12.1b | RM3.4b | -RM2,871,496.00 | 15.4x | -4211.4x | 3.6x |
| Sun, 17 Mar 2024 | RM11.6b | RM3.4b | -RM2,871,496.00 | 15x | -4047.9x | 3.5x |
| Tue, 13 Feb 2024 | RM11.2b | RM4.3b | RM78.1m | 20.2x | 143x | 2.6x |
| Thu, 11 Jan 2024 | RM11.0b | RM4.5b | RM44.5m | 21.8x | 247.6x | 2.5x |
| Sat, 09 Dec 2023 | RM10.9b | RM4.5b | RM44.5m | 21.7x | 244.7x | 2.4x |
| Mon, 06 Nov 2023 | RM10.8b | RM4.6b | RM95.5m | 20.8x | 113x | 2.3x |
| Wed, 04 Oct 2023 | RM10.5b | RM4.6b | RM103.5m | 21.1x | 101.9x | 2.3x |
| Fri, 01 Sep 2023 | RM11.0b | RM4.6b | RM107.4m | 22x | 102.5x | 2.4x |
| Sun, 30 Jul 2023 | RM10.6b | RM4.6b | RM103.3m | 18.8x | 102.8x | 2.3x |
| Tue, 27 Jun 2023 | RM9.9b | RM4.6b | RM298.7m | 18.7x | 33.2x | 2.2x |
| Thu, 25 May 2023 | RM9.4b | RM215.6b | RM7.8b | 12.7x | 1.2x | 0.04x |
| Sat, 22 Apr 2023 | RM10.0b | RM4.6b | RM308.2m | 15.4x | 32.4x | 2.2x |
| Mon, 20 Mar 2023 | RM9.9b | RM4.6b | RM319.3m | 17.7x | 31.1x | 2.1x |
| Wed, 15 Feb 2023 | RM11.1b | RM4.6b | RM378.9m | 17.2x | 29.2x | 2.4x |
| Fri, 13 Jan 2023 | RM10.7b | RM4.6b | RM379.7m | 15.4x | 28.2x | 2.3x |
| Sun, 11 Dec 2022 | RM10.1b | RM4.6b | RM399.5m | 13.8x | 25.2x | 2.2x |
| Tue, 08 Nov 2022 | RM8.3b | RM4.5b | RM467.6m | 13x | 17.7x | 1.8x |
| Thu, 06 Oct 2022 | RM8.5b | RM4.5b | RM460.2m | 12.4x | 18.5x | 1.9x |
| Sat, 03 Sep 2022 | RM8.2b | RM4.5b | RM466.3m | 12.9x | 17.6x | 1.8x |
| Mon, 01 Aug 2022 | RM8.5b | RM4.3b | RM424.2m | 12x | 20.1x | 2x |
| Wed, 29 Jun 2022 | RM8.1b | RM4.2b | RM420.5m | 10.9x | 19.2x | 1.9x |
| Fri, 27 May 2022 | RM8.3b | RM4.1b | RM416.6m | 12.6x | 19.9x | 2x |
| Sun, 24 Apr 2022 | RM8.9b | RM4.1b | RM405.9m | 12.6x | 21.8x | 2.2x |
| Tue, 22 Mar 2022 | RM9.6b | RM4.1b | RM406.7m | 12.2x | 23.5x | 2.3x |
| Thu, 17 Feb 2022 | RM10.3b | RM4.0b | RM310.2m | 13.8x | 33.2x | 2.6x |
| Sat, 15 Jan 2022 | RM10.4b | RM4.0b | RM310.6m | 13.3x | 33.4x | 2.6x |
| Mon, 13 Dec 2021 | RM10.8b | RM4.0b | RM309.0m | 13.4x | 35.1x | 2.7x |
| Wed, 10 Nov 2021 | RM11.6b | RM4.0b | RM257.7m | 22x | 45x | 2.9x |
| Fri, 08 Oct 2021 | RM10.9b | RM4.0b | RM251.7m | 20.7x | 43.4x | 2.8x |
| Sun, 05 Sep 2021 | RM10.5b | RM3.9b | RM276.7m | 22x | 37.9x | 2.7x |
| Tue, 03 Aug 2021 | RM10.3b | RM3.9b | RM276.7m | 21.7x | 37.1x | 2.6x |
Price to Earnings Ratio
44.6x
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 6kx which is higher than its 3-year average PE of -97.2x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 79% per year over the last three years,
- Revenues have also declined 2.8% 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 | 1.85% | |
| Industrials | 1.85% | |
| Commercial Services | 3.01% | |
| Diversified Support Services | 3.80% | |
| Office Services and Supplies | 3.54% | |
| Security and Alarm Services | 2.00% | |
| Environmental and Facilities Services | 1.74% | |
| Commercial Printing | 1.06% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 47.8x.
- Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 1.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings growth rate of 8.4% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 2.6% 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 | |
|---|---|---|---|---|---|
| FRONTKN Frontken Corporation Berhad | RM4.45 | 4.2% +RM283.1m | 57.2% | PE59.1x | |
| GFM GFM Services Berhad | RM0.41 | 12.5% +RM34.2m | 113.2% | PE11.2x | |
| EURO Euro Holdings Berhad | RM0.08 | 45.5% +RM32.1m | -11.1% | PS0.7x | |
| AHB AHB Holdings Berhad | RM0.18 | 24.1% +RM26.0m | 9.1% | PS9.1x | |
| KJTS KJTS Group Berhad | RM0.74 | 3.5% +RM17.2m | n/a | PE63.1x |