Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Electrical Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies16
  • 7D7.7%
  • 3M-13.9%
  • 1Y13.3%
  • YTD-14.4%

In the last week, the Electrical industry is up 7.7%, with Solarvest Holdings Berhad up 19%. This takes the industry's 12 month performance to a gain of 13%. 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
Wed, 15 Apr 2026RM 8.3bRM 11.5bRM 228.1m17.6x36.5x0.7x
Fri, 13 Mar 2026RM 7.5bRM 11.5bRM 228.9m17.3x32.8x0.7x
Sun, 08 Feb 2026RM 8.3bRM 11.2bRM 234.8m16.1x35.4x0.7x
Tue, 06 Jan 2026RM 9.6bRM 11.2bRM 286.9m19.8x33.5x0.9x
Thu, 04 Dec 2025RM 9.3bRM 11.2bRM 287.2m19.5x32.4x0.8x
Sat, 01 Nov 2025RM 9.2bRM 11.0bRM 251.2m20.4x36.5x0.8x
Mon, 29 Sep 2025RM 9.2bRM 10.8bRM 234.1m25.1x39.2x0.8x
Wed, 27 Aug 2025RM 8.5bRM 10.8bRM 259.4m25.3x32.6x0.8x
Fri, 25 Jul 2025RM 8.4bRM 10.6bRM 248.7m24.6x33.9x0.8x
Sun, 22 Jun 2025RM 7.4bRM 10.6bRM 247.7m18.7x30.1x0.7x
Tue, 20 May 2025RM 7.4bRM 10.2bRM 281.3m21.4x26.3x0.7x
Thu, 17 Apr 2025RM 6.4bRM 10.1bRM 265.9m17.3x24x0.6x
Sat, 15 Mar 2025RM 6.7bRM 10.1bRM 266.0m18.6x25.2x0.7x
Mon, 10 Feb 2025RM 7.5bRM 10.0bRM 256.4m21.8x29.3x0.8x
Wed, 08 Jan 2025RM 8.6bRM 10.0bRM 256.1m23.5x33.6x0.9x
Fri, 06 Dec 2024RM 7.8bRM 10.0bRM 254.7m15.2x30.5x0.8x
Sun, 03 Nov 2024RM 7.3bRM 10.2bRM 269.6m26x27.2x0.7x
Tue, 01 Oct 2024RM 7.4bRM 10.2bRM 254.8m27.2x28.9x0.7x
Thu, 29 Aug 2024RM 7.3bRM 9.9bRM 240.8m27x30.4x0.7x
Sat, 27 Jul 2024RM 7.9bRM 9.8bRM 224.8m30.2x35.2x0.8x
Mon, 24 Jun 2024RM 8.3bRM 9.8bRM 223.9m26.8x36.9x0.8x
Wed, 22 May 2024RM 8.0bRM 9.3bRM 196.3m25x40.9x0.9x
Fri, 19 Apr 2024RM 7.0bRM 9.4bRM 201.8m22.3x34.9x0.7x
Sun, 17 Mar 2024RM 5.9bRM 9.4bRM 205.7m17.5x28.6x0.6x
Tue, 13 Feb 2024RM 5.2bRM 9.5bRM 180.0m17.2x28.8x0.5x
Thu, 11 Jan 2024RM 4.7bRM 9.1bRM 158.0m16.4x29.8x0.5x
Sat, 09 Dec 2023RM 4.5bRM 9.1bRM 156.2m15.4x28.8x0.5x
Mon, 06 Nov 2023RM 4.6bRM 8.6bRM 146.2m16.5x31.1x0.5x
Wed, 04 Oct 2023RM 4.6bRM 8.6bRM 146.2m16.1x31.3x0.5x
Fri, 01 Sep 2023RM 4.5bRM 8.5bRM 196.6m15.1x23.1x0.5x
Sun, 30 Jul 2023RM 4.5bRM 8.5bRM 196.9m15.9x22.7x0.5x
Tue, 27 Jun 2023RM 4.4bRM 8.5bRM 196.9m14.8x22.3x0.5x
Thu, 25 May 2023RM 4.4bRM 8.4bRM 215.4m14.5x20.3x0.5x
Sat, 22 Apr 2023RM 4.7bRM 8.3bRM 217.2m16.8x21.4x0.6x
Price to Earnings Ratio

21.4x


Total Market Cap: RM 4.7bTotal Earnings: RM 217.2mTotal Revenue: RM 8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Electrical Industry Price to Earnings3Y Average 30.4x202420252026
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 36.5x which is higher than its 3-year average PE of 30.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
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 Market0.58%
Industrials2.26%
Electrical7.67%
Electrical Components7.75%
Heavy Electrical Equipment5.88%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 24.7%, 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 15.9x.
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 25% 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
SLVEST Solarvest Holdings BerhadRM 2.7516.5%
+RM 371.0m		71.9%PE34.3x
SCGBHD Southern Cable Group BerhadRM 2.059.6%
+RM 207.7m		95.2%PE17.7x
PIE P.I.E. Industrial BerhadRM 1.456.6%
+RM 34.6m		-60.3%PE24.6x
PWRWELL Powerwell Holdings BerhadRM 0.647.6%
+RM 26.1m		62.0%PE15.7x
TAWIN Ta Win Holdings BerhadRM 0.01550.0%
+RM 18.4m		-25.0%PS0.1x

Latest News

SLVEST
RM 2.75
Solarvest Holdings Berhad
7D
16.5%
1Y
71.9%
NORTHERN
RM 0.62
Northern Solar Holdings Berhad
7D
3.3%
1Y
0.8%

Northern Solar: Explosive earnings growth makes this solar story harder to ignore

Northern Solar Holdings Berhad is starting to look like one of the more exciting renewable-energy names on Bursa, especially now that its financial performance is showing clear signs of acceleration. The group is involved in the EPCC of solar PV systems , renewable energy generation , and operations and maintenance of solar PV systems , which means it is not just riding on the solar theme from the sidelines, but is already participating directly in Malaysia’s clean-energy build-out.
PIE
RM 1.45
P.I.E. Industrial Berhad
7D
6.6%
1Y
-60.3%
PWRWELL
RM 0.64
Powerwell Holdings Berhad
7D
7.6%
1Y
62.0%
SCGBHD
RM 2.05
Southern Cable Group Berhad
7D
9.6%
1Y
95.2%
TAWIN
RM 0.015
Ta Win Holdings Berhad
7D
50.0%
1Y
-25.0%
MTEC
RM 1.03
Master Tec Group Berhad
7D
1.0%
1Y
-4.6%
SCOMNET
RM 0.57
Supercomnet Technologies Berhad
7D
2.7%
1Y
-36.0%
FIBON
RM 0.38
Fibon Berhad
7D
-5.0%
1Y
8.6%