P.I.E. Industrial Berhad (KLSE:PIE) Analysts Are More Bearish Than They Used To Be
Nov 15
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Malaysian (KLSE) Electrical Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies14
- 7D0.5%
- 3M0.7%
- 1Y30.9%
- YTD45.2%
Last week, the Electrical industry hasn't moved much but Sunview Group Berhad is up 7.5% in that time. The past year has been better, since the industry has gained 31% in that time. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Malaysian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | RM 7.6b | RM 10.1b | RM 257.8m | 22x | 29.5x | 0.8x |
| Sat, 19 Oct 2024 | RM 7.4b | RM 10.2b | RM 270.3m | 26x | 27.4x | 0.7x |
| Mon, 16 Sep 2024 | RM 7.2b | RM 10.2b | RM 254.8m | 26.6x | 28.4x | 0.7x |
| Wed, 14 Aug 2024 | RM 7.8b | RM 9.7b | RM 231.2m | 28.5x | 33.6x | 0.8x |
| Fri, 12 Jul 2024 | RM 8.5b | RM 9.8b | RM 224.8m | 32.6x | 37.9x | 0.9x |
| Sun, 09 Jun 2024 | RM 8.3b | RM 9.8b | RM 223.8m | 23.9x | 37.3x | 0.9x |
| Tue, 07 May 2024 | RM 7.6b | RM 9.4b | RM 200.1m | 23.9x | 37.9x | 0.8x |
| Thu, 04 Apr 2024 | RM 6.4b | RM 9.4b | RM 201.8m | 19.1x | 31.5x | 0.7x |
| Sat, 02 Mar 2024 | RM 5.5b | RM 9.6b | RM 202.9m | 17.3x | 27.3x | 0.6x |
| Mon, 29 Jan 2024 | RM 5.1b | RM 9.5b | RM 177.5m | 16.7x | 28.5x | 0.5x |
| Wed, 27 Dec 2023 | RM 4.6b | RM 9.1b | RM 158.0m | 16.3x | 29x | 0.5x |
| Fri, 24 Nov 2023 | RM 4.6b | RM 8.9b | RM 151.3m | 16.4x | 30.3x | 0.5x |
| Sun, 22 Oct 2023 | RM 4.6b | RM 8.6b | RM 146.2m | 16.8x | 31.6x | 0.5x |
| Tue, 19 Sep 2023 | RM 4.6b | RM 8.6b | RM 196.8m | 14.7x | 23.2x | 0.5x |
| Thu, 17 Aug 2023 | RM 4.7b | RM 8.5b | RM 198.9m | 15.9x | 23.5x | 0.6x |
| Sat, 15 Jul 2023 | RM 4.6b | RM 8.5b | RM 196.9m | 14.3x | 23.5x | 0.5x |
| Mon, 12 Jun 2023 | RM 4.3b | RM 8.5b | RM 198.2m | 14.8x | 21.8x | 0.5x |
| Wed, 10 May 2023 | RM 4.3b | RM 8.3b | RM 218.0m | 16.2x | 19.8x | 0.5x |
| Fri, 07 Apr 2023 | RM 4.7b | RM 8.3b | RM 217.2m | 17.3x | 21.7x | 0.6x |
| Sun, 05 Mar 2023 | RM 4.6b | RM 8.3b | RM 194.5m | 18.4x | 23.7x | 0.6x |
| Tue, 31 Jan 2023 | RM 4.7b | RM 8.4b | RM 195.4m | 19.2x | 24.2x | 0.6x |
| Thu, 29 Dec 2022 | RM 3.9b | RM 8.3b | RM 191.7m | 16.8x | 20.3x | 0.5x |
| Sat, 26 Nov 2022 | RM 4.0b | RM 8.0b | RM 185.6m | 15.5x | 21.5x | 0.5x |
| Mon, 24 Oct 2022 | RM 3.8b | RM 7.9b | RM 175.2m | 12.8x | 21.7x | 0.5x |
| Wed, 21 Sep 2022 | RM 4.0b | RM 7.9b | RM 108.1m | 18x | 37x | 0.5x |
| Fri, 19 Aug 2022 | RM 4.1b | RM 7.4b | RM 91.4m | 20.3x | 45.2x | 0.6x |
| Sun, 17 Jul 2022 | RM 3.8b | RM 7.9b | RM 60.4m | 18.5x | 62.7x | 0.5x |
| Tue, 14 Jun 2022 | RM 3.9b | RM 7.7b | RM 36.6m | 17.9x | 107.2x | 0.5x |
| Thu, 12 May 2022 | RM 4.1b | RM 7.3b | RM 18.3m | 19x | 225.8x | 0.6x |
| Sat, 09 Apr 2022 | RM 4.6b | RM 7.3b | RM 18.8m | 19.4x | 244.6x | 0.6x |
| Mon, 07 Mar 2022 | RM 4.1b | RM 7.3b | RM 15.4m | 18.8x | 264.2x | 0.6x |
| Wed, 02 Feb 2022 | RM 4.8b | RM 6.7b | RM 22.2m | 22.8x | 216.1x | 0.7x |
| Fri, 31 Dec 2021 | RM 5.5b | RM 6.7b | RM 22.2m | 22.8x | 247.1x | 0.8x |
| Sun, 28 Nov 2021 | RM 5.3b | RM 6.8b | RM 47.2m | 19.4x | 113.1x | 0.8x |
Price to Earnings Ratio
113.1x
Current Industry PE
- Investors are pessimistic on the Malaysian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 29.5x which is lower than its 3-year average PE of 66.2x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 76% per year over the last three years.
- Revenues for these companies have grown 14% 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 | -0.17% | |
| Industrials | 0.49% | |
| Electrical | 0.54% | |
| Electrical Components | 0.68% | |
| Heavy Electrical Equipment | -3.80% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 54.6x.
- Analysts are expecting annual earnings growth of 31.1%, which is higher than its past year's earnings growth of 8.3% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.6x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings growth rate of 8.3% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| SUNVIEW Sunview Group Berhad | RM 0.43 | 7.5% +RM 17.0m | -38.6% | PE26.1x | |
| SCABLE Sarawak Cable Berhad | RM 0.11 | 22.2% +RM 8.0m | 144.4% | PS0.2x | |
| SCGBHD Southern Cable Group Berhad | RM 0.96 | 0.5% +RM 4.4m | 164.4% | PE17.9x |
