Malaysian (KLSE) Industrial Conglomerates Industry Analysis

UpdatedNov 14, 2025

DataAggregated Company Financials

Companies13

7D-0.9%
3M16.1%
1Y5.1%
YTDn/a

The Industrial Conglomerates industry is up 1.1% in the last week, with Tanco Holdings Berhad up 6.2%. In the last 12 months, the industry was up 5.2%. As for the next few years, earnings are expected to grow by 1.2% per annum.

Industry Valuation and Performance

Has the Malaysian Industrial Conglomerates Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 15 Nov 2025	RM 68.7b	RM 101.5b	RM 3.7b	9.2x	18.6x	0.7x
Mon, 13 Oct 2025	RM 70.8b	RM 101.5b	RM 3.7b	9.5x	19.2x	0.7x
Wed, 10 Sep 2025	RM 66.2b	RM 101.5b	RM 3.7b	8.8x	18x	0.7x
Fri, 08 Aug 2025	RM 58.2b	RM 101.6b	RM 3.1b	8.8x	18.9x	0.6x
Sun, 06 Jul 2025	RM 60.6b	RM 101.6b	RM 3.1b	9.5x	19.7x	0.6x
Tue, 03 Jun 2025	RM 55.6b	RM 101.5b	RM 3.0b	9.7x	18.3x	0.5x
Thu, 01 May 2025	RM 56.7b	RM 103.3b	RM 3.9b	9.3x	14.4x	0.5x
Sat, 29 Mar 2025	RM 57.8b	RM 103.3b	RM 3.9b	9.9x	14.7x	0.6x
Mon, 24 Feb 2025	RM 60.3b	RM 99.8b	RM 3.7b	10x	16.2x	0.6x
Wed, 22 Jan 2025	RM 58.4b	RM 99.8b	RM 3.7b	9.7x	15.7x	0.6x
Fri, 20 Dec 2024	RM 58.3b	RM 99.8b	RM 3.7b	10.4x	15.7x	0.6x
Sun, 17 Nov 2024	RM 58.8b	RM 95.2b	RM 3.2b	11.6x	18.2x	0.6x
Tue, 15 Oct 2024	RM 59.1b	RM 95.2b	RM 3.1b	12.3x	18.8x	0.6x
Thu, 12 Sep 2024	RM 54.5b	RM 95.2b	RM 3.1b	11.2x	17.3x	0.6x
Sat, 10 Aug 2024	RM 57.7b	RM 89.8b	RM 4.3b	9.6x	13.6x	0.6x
Mon, 08 Jul 2024	RM 58.0b	RM 89.8b	RM 4.2b	9.8x	13.7x	0.6x
Wed, 05 Jun 2024	RM 57.1b	RM 89.8b	RM 4.2b	10.2x	13.4x	0.6x
Fri, 03 May 2024	RM 56.8b	RM 82.6b	RM 3.3b	11.1x	17.2x	0.7x
Sun, 31 Mar 2024	RM 54.6b	RM 82.5b	RM 3.3b	10.3x	16.5x	0.7x
Tue, 27 Feb 2024	RM 51.5b	RM 83.1b	RM 3.5b	10.4x	14.7x	0.6x
Thu, 25 Jan 2024	RM 50.8b	RM 93.5b	RM 3.1b	10x	16.4x	0.5x
Sat, 23 Dec 2023	RM 46.4b	RM 93.5b	RM 3.1b	9.8x	15x	0.5x
Mon, 20 Nov 2023	RM 46.1b	RM 91.6b	RM 3.2b	9.8x	14.5x	0.5x
Wed, 18 Oct 2023	RM 45.3b	RM 91.7b	RM 3.2b	9.6x	14.3x	0.5x
Fri, 15 Sep 2023	RM 42.4b	RM 91.7b	RM 3.2b	10x	13.3x	0.5x
Sun, 13 Aug 2023	RM 39.7b	RM 89.0b	RM 2.5b	11.5x	15.6x	0.4x
Tue, 11 Jul 2023	RM 37.6b	RM 89.1b	RM 2.6b	12.5x	14.7x	0.4x
Thu, 08 Jun 2023	RM 37.7b	RM 89.1b	RM 2.6b	12.2x	14.7x	0.4x
Sat, 06 May 2023	RM 42.0b	RM 87.7b	RM 3.0b	12.2x	13.8x	0.5x
Mon, 03 Apr 2023	RM 43.0b	RM 87.7b	RM 3.0b	12.4x	14.1x	0.5x
Wed, 01 Mar 2023	RM 46.0b	RM 86.7b	RM 3.6b	11.2x	12.6x	0.5x
Fri, 27 Jan 2023	RM 48.8b	RM 85.2b	RM 4.0b	11.1x	12.3x	0.6x
Sun, 25 Dec 2022	RM 45.8b	RM 85.2b	RM 4.0b	11.1x	11.5x	0.5x
Tue, 22 Nov 2022	RM 45.9b	RM 81.4b	RM 3.5b	13.4x	13x	0.6x

Price to Earnings Ratio

13x

Tue, 22 Nov 2022

Current Industry PE

Investors are optimistic on the Malaysian Industrial Conglomerates industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 18.5x which is higher than its 3-year average PE of 15.5x.

The industry is trading close to its 3-year average PS ratio of 0.57x.

Past Earnings Growth

The earnings for companies in the Industrial Conglomerates industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 7.6% 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.