Is WCT Holdings Berhad (KLSE:WCT) Weighed On By Its Debt Load?
Jul 03
Malaysian (KLSE) Construction Industry Analysis
UpdatedJul 05, 2024
DataAggregated Company Financials
Companies85
- 7D7.9%
- 3M27.7%
- 1Y67.4%
- YTD44.6%
In the last week, the Construction industry is up 7.9%, with Gamuda Berhad up 10%. Meanwhile, Bina Puri Holdings Bhd actually underperformed within the industry, shrinking 6.3% in the last week. In the last 12 months, the industry was up 67%. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Malaysian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jul 2024 | RM 70.0b | RM 54.9b | RM 1.5b | 25.9x | 47.5x | 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 |
| Tue, 06 Jun 2023 | RM 41.6b | RM 42.3b | RM 588.6m | 17.1x | 70.6x | 1x |
| Thu, 04 May 2023 | RM 41.6b | RM 42.3b | RM 725.3m | 17x | 57.3x | 1x |
| Sat, 01 Apr 2023 | RM 41.2b | RM 42.4b | RM 740.1m | 17.1x | 55.7x | 1x |
| Mon, 27 Feb 2023 | RM 42.0b | RM 41.8b | RM 863.3m | 18.1x | 48.6x | 1x |
| Wed, 25 Jan 2023 | RM 40.6b | RM 42.0b | RM 1.0b | 14.6x | 39.7x | 1x |
| Fri, 23 Dec 2022 | RM 39.0b | RM 41.7b | RM 1.0b | 14.9x | 38.1x | 0.9x |
| Sun, 20 Nov 2022 | RM 37.1b | RM 39.5b | RM 1.0b | 17.9x | 35.8x | 0.9x |
| Tue, 18 Oct 2022 | RM 36.7b | RM 39.4b | RM 1.1b | 17x | 32.8x | 0.9x |
| Thu, 15 Sep 2022 | RM 38.1b | RM 38.6b | RM 1.2b | 19.2x | 32.9x | 1x |
| Sat, 13 Aug 2022 | RM 38.6b | RM 37.3b | RM 1.1b | 18.9x | 35.7x | 1x |
| Mon, 11 Jul 2022 | RM 37.7b | RM 37.1b | RM 1.1b | 18.5x | 34.2x | 1x |
| Wed, 08 Jun 2022 | RM 40.0b | RM 37.5b | RM 1.0b | 19.5x | 38.2x | 1.1x |
| Fri, 06 May 2022 | RM 41.5b | RM 37.8b | RM 1.5b | 17.6x | 27x | 1.1x |
| Sun, 03 Apr 2022 | RM 40.4b | RM 37.9b | RM 1.5b | 17.3x | 26.2x | 1.1x |
| Tue, 01 Mar 2022 | RM 38.1b | RM 37.4b | RM 1.2b | 17.1x | 32x | 1x |
| Thu, 27 Jan 2022 | RM 37.5b | RM 38.2b | RM 1.1b | 18.9x | 33.6x | 1x |
| Sat, 25 Dec 2021 | RM 38.4b | RM 38.3b | RM 1.2b | 18.5x | 32.1x | 1x |
| Mon, 22 Nov 2021 | RM 40.3b | RM 39.5b | RM 1.3b | 19x | 31.3x | 1x |
| Wed, 20 Oct 2021 | RM 43.4b | RM 39.6b | RM 1.3b | 20.5x | 32.8x | 1.1x |
| Fri, 17 Sep 2021 | RM 41.0b | RM 39.1b | RM 971.9m | 18.3x | 42.2x | 1x |
| Sun, 15 Aug 2021 | RM 38.9b | RM 39.1b | RM 976.6m | 18.3x | 39.9x | 1x |
Price to Earnings Ratio
40.9x
Current Industry PE
- Investors are relatively neutral on the Malaysian Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 46.1x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 2.46% | |
| Industrials | 3.90% | |
| Construction | 7.88% | |
| Construction and Engineering | 7.88% | |
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 | |
|---|---|---|---|---|---|
| GAMUDA Gamuda Berhad | RM 7.25 | 10.2% +RM 1.9b | 65.5% | PE22.5x | |
| IJM IJM Corporation Berhad | RM 3.32 | 8.9% +RM 946.7m | 125.9% | PE19.4x | |
| SUNCON Sunway Construction Group Berhad | RM 4.35 | 14.8% +RM 722.0m | 163.6% | PE37.5x | |
| KERJAYA Kerjaya Prospek Group Berhad | RM 1.96 | 8.3% +RM 189.2m | 78.2% | PE18.2x | |
| MRCB Malaysian Resources Corporation Berhad | RM 0.65 | 6.6% +RM 178.7m | 104.8% | PE30.2x |
