Analysis Article • May 28

Over the last 7 days, the Construction industry has dropped 1.7%, driven by IJM Corporation Berhad declining 1.7%. Meanwhile, Kelington Group Berhad actually outperformed within the industry, gaining 9.9% in the last week. Over the last year, the industry has been flat overall. 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 |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | RM 85.2b | RM 74.5b | RM 2.9b | 15.7x | 29.6x | 1.1x |
| Fri, 29 May 2026 | RM 82.0b | RM 72.7b | RM 3.2b | 15x | 25.3x | 1.1x |
| Sun, 26 Apr 2026 | RM 80.5b | RM 72.3b | RM 2.8b | 16x | 28.6x | 1.1x |
| Tue, 24 Mar 2026 | RM 76.5b | RM 72.2b | RM 2.8b | 15.1x | 27.2x | 1.1x |
| Thu, 19 Feb 2026 | RM 78.0b | RM 71.2b | RM 3.5b | 11.9x | 22x | 1.1x |
| Sat, 17 Jan 2026 | RM 83.0b | RM 71.1b | RM 3.7b | 12.8x | 22.3x | 1.2x |
| Mon, 15 Dec 2025 | RM 80.7b | RM 70.9b | RM 3.7b | 12x | 21.8x | 1.1x |
| Wed, 12 Nov 2025 | RM 83.7b | RM 68.9b | RM 3.5b | 14.3x | 23.7x | 1.2x |
| Fri, 10 Oct 2025 | RM 88.9b | RM 68.7b | RM 3.5b | 14.6x | 25.1x | 1.3x |
| Sun, 07 Sep 2025 | RM 85.4b | RM 68.2b | RM 3.4b | 13.1x | 24.8x | 1.3x |
| Tue, 05 Aug 2025 | RM 83.5b | RM 66.6b | RM 3.0b | 15x | 27.4x | 1.3x |
| Thu, 03 Jul 2025 | RM 79.3b | RM 65.9b | RM 3.0b | 14x | 26.3x | 1.2x |
| Sat, 31 May 2025 | RM 73.6b | RM 64.4b | RM 3.1b | 14.4x | 23.7x | 1.1x |
| Mon, 28 Apr 2025 | RM 66.4b | RM 62.6b | RM 3.2b | 15x | 20.7x | 1.1x |
| Wed, 26 Mar 2025 | RM 66.6b | RM 61.9b | RM 3.2b | 14.7x | 20.8x | 1.1x |
| Fri, 21 Feb 2025 | RM 71.1b | RM 60.6b | RM 2.4b | 17.2x | 29.2x | 1.2x |
| Sun, 19 Jan 2025 | RM 70.7b | RM 60.6b | RM 2.5b | 18.2x | 28.4x | 1.2x |
| Tue, 17 Dec 2024 | RM 75.7b | RM 60.2b | RM 2.4b | 18.1x | 31x | 1.3x |
| Thu, 14 Nov 2024 | RM 73.0b | RM 58.1b | RM 2.0b | 19.9x | 37.1x | 1.3x |
| Sat, 12 Oct 2024 | RM 70.7b | RM 57.7b | RM 2.0b | 20.4x | 36x | 1.2x |
| Mon, 09 Sep 2024 | RM 66.5b | RM 56.3b | RM 1.9b | 19.6x | 34.5x | 1.2x |
| Wed, 07 Aug 2024 | RM 65.7b | RM 55.1b | RM 1.6b | 24.9x | 41x | 1.2x |
| Fri, 05 Jul 2024 | RM 70.0b | RM 54.9b | RM 1.5b | 25.9x | 47.5x | 1.3x |
| Sun, 02 Jun 2024 | RM 60.0b | RM 54.6b | RM 1.4b | 23.2x | 43.1x | 1.1x |
| Tue, 30 Apr 2024 | RM 54.6b | RM 53.7b | RM 940.6m | 20.6x | 58x | 1x |
| Thu, 28 Mar 2024 | RM 54.3b | RM 51.9b | RM 1.1b | 21.4x | 51.2x | 1x |
| Sat, 24 Feb 2024 | RM 51.0b | RM 50.1b | RM 907.8m | 21.9x | 56.2x | 1x |
| Mon, 22 Jan 2024 | RM 49.6b | RM 49.5b | RM 845.2m | 20x | 58.7x | 1x |
| Wed, 20 Dec 2023 | RM 46.9b | RM 49.4b | RM 841.3m | 19.2x | 55.7x | 0.9x |
| Fri, 17 Nov 2023 | RM 46.5b | RM 46.4b | RM 622.3m | 19.5x | 74.7x | 1x |
| Sun, 15 Oct 2023 | RM 46.9b | RM 45.9b | RM 651.3m | 19.2x | 71.9x | 1x |
| Tue, 12 Sep 2023 | RM 44.1b | RM 44.1b | RM 571.8m | 18.3x | 77.2x | 1x |
| Thu, 10 Aug 2023 | RM 41.7b | RM 43.1b | RM 609.3m | 17.4x | 68.5x | 1x |
| Sat, 08 Jul 2023 | RM 40.1b | 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 | -0.33% | |
| Industrials | 0.58% | |
| Construction | 1.66% | |
| Construction and Engineering | 1.66% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KGB Kelington Group Berhad | RM 8.00 | 9.9% +RM 623.0m | 115.1% | PE44.8x | |
| MNHLDG MN Holdings Berhad | RM 2.89 | 10.7% +RM 186.2m | 97.9% | PE24.1x | |
| GAMUDA Gamuda Berhad | RM 4.37 | 0.7% +RM 182.7m | -12.1% | PE25.2x | |
| KERJAYA Kerjaya Prospek Group Berhad | RM 2.43 | 5.7% +RM 163.5m | 16.8% | PE12.8x | |
| KEEMING Kee Ming Group Berhad | RM 1.83 | 20.4% +RM 100.8m | n/a | PE36.6x |