New Narrative • May 31

Last week, the Construction industry hasn't moved much but Kelington Group Berhad is up 9.4% in that time. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 22% annually.
Has the Malaysian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 Jul 2026 | RM 85.3b | RM 74.5b | RM 2.9b | 15.7x | 29.6x | 1.1x |
| Sat, 30 May 2026 | RM 82.2b | RM 72.7b | RM 2.9b | 15.2x | 28.1x | 1.1x |
| Mon, 27 Apr 2026 | RM 80.5b | RM 72.3b | RM 2.8b | 16x | 28.6x | 1.1x |
| Wed, 25 Mar 2026 | RM 75.7b | RM 72.2b | RM 2.8b | 14.8x | 26.9x | 1x |
| Fri, 20 Feb 2026 | RM 79.3b | RM 71.2b | RM 3.5b | 11.5x | 22.4x | 1.1x |
| Sun, 18 Jan 2026 | RM 83.0b | RM 71.1b | RM 3.7b | 12.8x | 22.3x | 1.2x |
| Tue, 16 Dec 2025 | RM 80.1b | RM 70.9b | RM 3.7b | 11.6x | 21.7x | 1.1x |
| Thu, 13 Nov 2025 | RM 84.1b | RM 68.9b | RM 3.5b | 14x | 23.9x | 1.2x |
| Sat, 11 Oct 2025 | RM 89.1b | RM 68.7b | RM 3.5b | 15x | 25.1x | 1.3x |
| Mon, 08 Sep 2025 | RM 85.4b | RM 68.2b | RM 3.4b | 13.1x | 24.8x | 1.3x |
| Wed, 06 Aug 2025 | RM 84.1b | RM 66.6b | RM 3.0b | 14.7x | 27.6x | 1.3x |
| Fri, 04 Jul 2025 | RM 79.0b | RM 65.9b | RM 3.0b | 13.8x | 26.2x | 1.2x |
| Sun, 01 Jun 2025 | RM 73.6b | RM 64.2b | RM 3.1b | 13.8x | 23.6x | 1.1x |
| Tue, 29 Apr 2025 | RM 67.4b | RM 62.6b | RM 3.2b | 14.7x | 21x | 1.1x |
| Thu, 27 Mar 2025 | RM 66.6b | RM 62.0b | RM 3.2b | 14.6x | 20.8x | 1.1x |
| Sat, 22 Feb 2025 | RM 73.1b | RM 61.2b | RM 2.5b | 16.7x | 29.5x | 1.2x |
| Mon, 20 Jan 2025 | RM 70.7b | RM 60.6b | RM 2.5b | 18.2x | 28.4x | 1.2x |
| Wed, 18 Dec 2024 | RM 75.5b | RM 60.2b | RM 2.4b | 18x | 30.9x | 1.3x |
| Fri, 15 Nov 2024 | RM 73.0b | RM 58.0b | RM 2.0b | 19.5x | 37.1x | 1.3x |
| Sun, 13 Oct 2024 | RM 70.7b | RM 57.7b | RM 2.0b | 20.4x | 36x | 1.2x |
| Tue, 10 Sep 2024 | RM 66.3b | RM 56.3b | RM 1.9b | 19.9x | 34.4x | 1.2x |
| Thu, 08 Aug 2024 | RM 67.9b | RM 55.1b | RM 1.6b | 26x | 42.4x | 1.2x |
| Sat, 06 Jul 2024 | RM 69.8b | RM 54.9b | RM 1.5b | 26x | 47.3x | 1.3x |
| Mon, 03 Jun 2024 | RM 60.0b | RM 54.6b | RM 1.4b | 23.2x | 43.1x | 1.1x |
| Wed, 01 May 2024 | RM 54.6b | RM 53.7b | RM 940.6m | 20.7x | 58.1x | 1x |
| Fri, 29 Mar 2024 | RM 54.4b | RM 53.8b | RM 930.3m | 21.4x | 58.5x | 1x |
| Sun, 25 Feb 2024 | RM 51.0b | RM 50.2b | RM 925.6m | 20.2x | 55.1x | 1x |
| Tue, 23 Jan 2024 | RM 50.6b | RM 49.5b | RM 845.2m | 20.1x | 59.9x | 1x |
| Thu, 21 Dec 2023 | RM 46.9b | RM 49.4b | RM 841.3m | 19x | 55.7x | 0.9x |
| Sat, 18 Nov 2023 | RM 46.6b | RM 46.4b | RM 622.5m | 19.4x | 74.9x | 1x |
| Mon, 16 Oct 2023 | RM 46.9b | RM 45.9b | RM 651.3m | 19.2x | 71.9x | 1x |
| Wed, 13 Sep 2023 | RM 44.2b | RM 44.1b | RM 571.8m | 18.3x | 77.3x | 1x |
| Fri, 11 Aug 2023 | RM 41.9b | RM 43.1b | RM 609.3m | 18.1x | 68.7x | 1x |
| Sun, 09 Jul 2023 | RM 40.2b | RM 43.2b | RM 686.1m | 17.2x | 58.5x | 0.9x |
58.5x
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | -0.72% | |
| Industrials | -0.13% | |
| Construction | 0.89% | |
| Construction and Engineering | 0.89% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CHB Critical Holdings Berhad | RM 1.51 | 43.8% +RM 171.0m | 57.3% | PE25x | |
| PEKAT Pekat Group Berhad | RM 1.79 | 13.3% +RM 148.7m | 30.7% | PE27.9x | |
| BNASTRA Binastra Corporation Berhad | RM 2.06 | 3.0% +RM 65.5m | 9.0% | PE15.7x | |
| MNHLDG MN Holdings Berhad | RM 2.89 | 3.2% +RM 59.9m | 99.3% | PE24.1x | |
| KEEMING Kee Ming Group Berhad | RM 1.80 | 9.1% +RM 48.8m | n/a | PE36x |