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Malaysian (KLSE) Electrical Industry Analysis

UpdatedAug 29, 2025
DataAggregated Company Financials
Companies16
  • 7D-1.1%
  • 3M13.8%
  • 1Y10.6%
  • YTD-5.5%

Over the last 7 days, the Electrical industry has dropped 1.1%, driven by P.I.E. Industrial Berhad declining 8.5%. In contrast, Southern Cable Group Berhad has gained 6.8%. In the past year, the industry has gained 11%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 30 Aug 2025RM 8.4bRM 10.8bRM 252.3m25x33.4x0.8x
Mon, 28 Jul 2025RM 8.4bRM 10.6bRM 247.7m24.3x34x0.8x
Wed, 25 Jun 2025RM 7.6bRM 10.6bRM 247.7m19.2x30.5x0.7x
Fri, 23 May 2025RM 7.3bRM 10.3bRM 293.0m21.4x24.8x0.7x
Sun, 20 Apr 2025RM 6.5bRM 10.1bRM 266.0m17.6x24.5x0.6x
Tue, 18 Mar 2025RM 6.9bRM 10.1bRM 266.0m18.6x26x0.7x
Thu, 13 Feb 2025RM 7.6bRM 10.0bRM 256.4m22.5x29.8x0.8x
Sat, 11 Jan 2025RM 8.4bRM 10.0bRM 256.1m23x32.6x0.8x
Mon, 09 Dec 2024RM 8.0bRM 10.0bRM 254.7m16.6x31.4x0.8x
Wed, 06 Nov 2024RM 7.4bRM 10.2bRM 269.6m26.1x27.4x0.7x
Fri, 04 Oct 2024RM 7.3bRM 10.2bRM 270.3m26.6x27.1x0.7x
Sun, 01 Sep 2024RM 7.2bRM 10.2bRM 255.1m25.8x28.2x0.7x
Tue, 30 Jul 2024RM 7.9bRM 9.8bRM 224.8m30.2x35.3x0.8x
Thu, 27 Jun 2024RM 7.9bRM 9.8bRM 224.8m31.4x35.2x0.8x
Sat, 25 May 2024RM 8.3bRM 9.3bRM 197.0m25.5x41.9x0.9x
Mon, 22 Apr 2024RM 6.9bRM 9.4bRM 201.2m22.4x34.5x0.7x
Wed, 20 Mar 2024RM 6.0bRM 9.4bRM 205.7m17.6x29.1x0.6x
Fri, 16 Feb 2024RM 5.3bRM 9.5bRM 180.0m17.4x29.6x0.6x
Sun, 14 Jan 2024RM 4.7bRM 9.1bRM 158.0m16.2x29.8x0.5x
Tue, 12 Dec 2023RM 4.5bRM 9.1bRM 156.2m15.4x29x0.5x
Thu, 09 Nov 2023RM 4.6bRM 8.6bRM 145.6m17x31.6x0.5x
Sat, 07 Oct 2023RM 4.7bRM 8.6bRM 146.2m16.5x32x0.5x
Mon, 04 Sep 2023RM 4.6bRM 8.6bRM 196.8m15.1x23.2x0.5x
Wed, 02 Aug 2023RM 4.5bRM 8.5bRM 195.7m15.9x23.2x0.5x
Fri, 30 Jun 2023RM 4.4bRM 8.5bRM 196.9m14.5x22.4x0.5x
Sun, 28 May 2023RM 4.4bRM 8.5bRM 215.3m14.1x20.5x0.5x
Tue, 25 Apr 2023RM 4.7bRM 8.3bRM 216.5m16.8x21.5x0.6x
Thu, 23 Mar 2023RM 4.6bRM 8.3bRM 194.5m16.8x23.5x0.5x
Sat, 18 Feb 2023RM 4.8bRM 8.4bRM 195.7m19.9x24.3x0.6x
Mon, 16 Jan 2023RM 4.4bRM 8.4bRM 199.3m19x22.1x0.5x
Wed, 14 Dec 2022RM 4.1bRM 8.3bRM 189.0m15.9x21.4x0.5x
Fri, 11 Nov 2022RM 3.9bRM 7.9bRM 173.8m12.7x22.7x0.5x
Sun, 09 Oct 2022RM 4.0bRM 7.9bRM 175.2m14x22.7x0.5x
Tue, 06 Sep 2022RM 4.0bRM 7.9bRM 108.1m18.6x36.7x0.5x
Price to Earnings Ratio

36.7x


Total Market Cap: RM 4.0bTotal Earnings: RM 108.1mTotal Revenue: RM 7.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Electrical Industry Price to Earnings3Y Average 28.2x202320242025
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 33.4x which is higher than its 3-year average PE of 28.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 11% 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-0.035%
Industrials0.91%
Electrical-1.10%
Electrical Components-1.01%
Heavy Electrical Equipment-3.54%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 28.9x.
    • Analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings decline of 0.5% 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 12.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 0.5% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 18% 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 2.046.8%
+RM 130.9m
138.6%PE19.5x
MTEC Master Tec Group BerhadRM 1.141.8%
+RM 20.4m
10.7%PE47.1x

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