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Malaysian (KLSE) Electrical Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies16
  • 7D5.3%
  • 3M-11.3%
  • 1Y17.8%
  • YTD-11.4%

In the last week, the Electrical industry is up 5.3%, with Southern Cable Group Berhad up 7.6%. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

Has the Malaysian Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026RM 8.6bRM 11.5bRM 228.1m18.2x37.8x0.7x
Thu, 19 Mar 2026RM 8.0bRM 11.5bRM 228.9m17.8x35x0.7x
Sat, 14 Feb 2026RM 8.1bRM 11.2bRM 234.8m15.8x34.3x0.7x
Mon, 12 Jan 2026RM 9.8bRM 11.2bRM 286.9m20.6x34x0.9x
Wed, 10 Dec 2025RM 9.3bRM 11.2bRM 287.2m19.4x32.3x0.8x
Fri, 07 Nov 2025RM 9.1bRM 11.0bRM 251.1m20.1x36.4x0.8x
Sun, 05 Oct 2025RM 9.4bRM 10.8bRM 241.9m24.3x38.8x0.9x
Tue, 02 Sep 2025RM 8.4bRM 10.8bRM 234.0m25x35.8x0.8x
Thu, 31 Jul 2025RM 8.4bRM 10.6bRM 247.7m24.4x33.8x0.8x
Sat, 28 Jun 2025RM 7.9bRM 10.6bRM 247.8m19.7x31.7x0.7x
Mon, 26 May 2025RM 7.3bRM 10.3bRM 292.2m21.4x24.9x0.7x
Wed, 23 Apr 2025RM 6.5bRM 10.1bRM 266.0m17.4x24.3x0.6x
Fri, 21 Mar 2025RM 7.0bRM 10.1bRM 266.0m18.5x26.2x0.7x
Sun, 16 Feb 2025RM 7.6bRM 10.0bRM 256.4m22.4x29.7x0.8x
Tue, 14 Jan 2025RM 8.1bRM 10.0bRM 256.1m21.5x31.5x0.8x
Thu, 12 Dec 2024RM 8.0bRM 10.0bRM 254.7m16.4x31.5x0.8x
Sat, 09 Nov 2024RM 7.5bRM 10.1bRM 269.1m20.9x27.7x0.7x
Mon, 07 Oct 2024RM 7.3bRM 10.2bRM 270.3m26.6x27.1x0.7x
Wed, 04 Sep 2024RM 7.4bRM 10.2bRM 255.1m26.4x29.1x0.7x
Fri, 02 Aug 2024RM 7.9bRM 9.8bRM 225.0m29.1x35x0.8x
Sun, 30 Jun 2024RM 8.2bRM 9.8bRM 224.8m31.4x36.6x0.8x
Tue, 28 May 2024RM 8.1bRM 9.3bRM 197.0m25.1x40.9x0.9x
Thu, 25 Apr 2024RM 7.4bRM 9.4bRM 201.2m23.5x36.6x0.8x
Sat, 23 Mar 2024RM 6.2bRM 9.4bRM 181.6m17.9x34.2x0.7x
Mon, 19 Feb 2024RM 5.3bRM 9.5bRM 180.0m17.3x29.6x0.6x
Wed, 17 Jan 2024RM 4.6bRM 9.1bRM 158.0m15.9x29.1x0.5x
Fri, 15 Dec 2023RM 4.6bRM 9.1bRM 156.2m15.6x29.1x0.5x
Sun, 12 Nov 2023RM 4.6bRM 8.6bRM 145.6m16.8x31.6x0.5x
Tue, 10 Oct 2023RM 4.6bRM 8.6bRM 146.2m16.1x31.7x0.5x
Thu, 07 Sep 2023RM 4.5bRM 8.6bRM 196.8m15.1x23x0.5x
Sat, 05 Aug 2023RM 4.5bRM 8.5bRM 195.6m15.6x22.9x0.5x
Mon, 03 Jul 2023RM 4.4bRM 8.5bRM 196.9m14.5x22.3x0.5x
Wed, 31 May 2023RM 4.4bRM 8.5bRM 212.9m14.3x20.7x0.5x
Fri, 28 Apr 2023RM 4.6bRM 8.3bRM 216.5m16.5x21.2x0.6x
Price to Earnings Ratio

21.2x


Total Market Cap: RM 4.6bTotal Earnings: RM 216.5mTotal Revenue: RM 8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Electrical Industry Price to Earnings3Y Average 30.5x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.8x which is higher than its 3-year average PE of 30.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Malaysian Industrials industry?

MY Market0.90%
Industrials2.59%
Electrical5.27%
Heavy Electrical Equipment6.35%
Electrical Components5.22%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 31.8x.
    • Analysts are expecting annual earnings growth of 24.4%, which is higher than its past year's earnings growth of 4.9% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SCGBHD Southern Cable Group BerhadRM 2.137.6%
+RM 169.9m
106.8%PE18.4x
PIE P.I.E. Industrial BerhadRM 1.6519.6%
+RM 103.7m
-55.2%PE28x
SCOMNET Supercomnet Technologies BerhadRM 0.606.2%
+RM 29.8m
-30.6%PE19.6x
PWRWELL Powerwell Holdings BerhadRM 0.664.8%
+RM 17.4m
69.2%PE16.2x
SUCCESS Success Transformer Corporation BerhadRM 0.628.8%
+RM 11.8m
3.3%PE13.6x

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