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Malaysian (KLSE) Industrials Industry Analysis
UpdatedJan 24, 2022
DataAggregated Company Financials
Companies12
- 7D-1.8%
- 3M-4.6%
- 1Y-0.3%
- YTD-1.8%
Over the last 7 days, the Industrials industry has dropped 1.8%, driven by declines in Hap Seng Consolidated Berhad and Sime Darby Berhad of 2.1% and 2.2%, respectively. Meanwhile, Inch Kenneth Kajang Rubber actually outperformed within the industry, gaining 11% in the last week. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Malaysian Industrials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 24 Jan 2022 | RM48.6b | RM76.3b | RM2.3b | 11.6x |
| Wed, 22 Dec 2021 | RM47.5b | RM76.3b | RM2.3b | 11.4x |
| Fri, 19 Nov 2021 | RM49.0b | RM75.6b | RM2.1b | 10.3x |
| Sun, 17 Oct 2021 | RM51.7b | RM75.6b | RM2.1b | 10.6x |
| Tue, 14 Sep 2021 | RM53.7b | RM74.5b | RM1.9b | 11.7x |
| Thu, 12 Aug 2021 | RM48.5b | RM74.5b | RM1.9b | 11.4x |
| Mon, 07 Jun 2021 | RM50.3b | RM70.2b | RM1.7b | 12.4x |
| Sun, 28 Feb 2021 | RM49.8b | RM67.9b | RM1.8b | 13.9x |
| Wed, 02 Dec 2020 | RM49.1b | RM67.5b | RM986.7m | 17.4x |
| Sat, 05 Sep 2020 | RM45.4b | RM67.5b | RM933.9m | 16x |
| Tue, 09 Jun 2020 | RM45.3b | RM72.1b | RM1.5b | 12x |
| Mon, 02 Mar 2020 | RM51.2b | RM73.1b | RM1.8b | 12.7x |
| Thu, 05 Dec 2019 | RM56.1b | RM72.4b | RM1.9b | 12.1x |
| Sun, 08 Sep 2019 | RM56.2b | RM71.7b | RM2.0b | 11.5x |
| Sat, 01 Jun 2019 | RM56.8b | RM71.0b | RM2.6b | 17x |
| Tue, 05 Mar 2019 | RM55.6b | RM70.2b | RM2.3b | 15x |
PE Ratio
15.2x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have remained mostly flat over the last three years, while revenues for these companies have grown 2.8% 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?
| Industrial Conglomerates | -1.83% | |
Industry PE: Investors are most optimistic about the Industrial Conglomerates industry even though it's trading below its 3-year average PE ratio of 13.4x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 39% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Industrial Conglomerates industry, expecting annual earnings growth of 14% over the next 5 years. However this is lower than its past earnings growth rate of 39% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INCKEN Inch Kenneth Kajang Rubber | RM0.48 | 11.5% +RM18.9m | -6.7% | PS5.9x | |
| HLIND Hong Leong Industries Berhad | RM9.14 | 0.3% +RM9.4m | 14.7% | PE12.4x |