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May 07
Malaysian (KLSE) Infrastructure Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies7
- 7D1.4%
- 3M11.9%
- 1Y30.4%
- YTD17.0%
Over the last 7 days, the Infrastructure industry has risen 1.9%, driven by gains from Malaysia Airports Holdings Berhad of 2.2%. In the last 12 months, the industry was up 29%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Malaysian Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | RM37.9b | RM9.0b | RM1.5b | 21.2x | 24.7x | 4.2x |
| Fri, 05 Apr 2024 | RM36.8b | RM8.9b | RM1.5b | 21.8x | 24.3x | 4.1x |
| Sun, 03 Mar 2024 | RM33.2b | RM9.0b | RM1.5b | 20.1x | 21.9x | 3.7x |
| Tue, 30 Jan 2024 | RM32.5b | RM8.8b | RM3.2b | 16.1x | 10.2x | 3.7x |
| Thu, 28 Dec 2023 | RM31.0b | RM8.8b | RM3.2b | 15.5x | 9.7x | 3.5x |
| Sat, 25 Nov 2023 | RM29.8b | RM8.3b | RM3.1b | 14.8x | 9.7x | 3.6x |
| Mon, 23 Oct 2023 | RM28.6b | RM8.2b | RM3.0b | 14.5x | 9.5x | 3.5x |
| Wed, 20 Sep 2023 | RM28.5b | RM8.2b | RM3.0b | 14.6x | 9.5x | 3.5x |
| Fri, 18 Aug 2023 | RM28.6b | RM7.7b | RM2.9b | 15.6x | 10x | 3.7x |
| Sun, 16 Jul 2023 | RM28.9b | RM7.7b | RM2.8b | 16.6x | 10.2x | 3.8x |
| Tue, 13 Jun 2023 | RM28.9b | RM7.7b | RM2.8b | 15.5x | 10.2x | 3.8x |
| Thu, 11 May 2023 | RM28.5b | RM7.5b | RM2.5b | 11.8x | 11.3x | 3.8x |
| Sat, 08 Apr 2023 | RM28.0b | RM7.5b | RM2.5b | 12.4x | 11.3x | 3.7x |
| Mon, 06 Mar 2023 | RM28.4b | RM7.5b | RM2.5b | 12.6x | 11.4x | 3.8x |
| Wed, 01 Feb 2023 | RM28.8b | RM7.1b | RM905.6m | 6.1x | 31.8x | 4x |
| Fri, 30 Dec 2022 | RM27.5b | RM7.1b | RM893.4m | 5.7x | 30.8x | 3.9x |
| Sun, 27 Nov 2022 | RM26.1b | RM6.6b | RM639.5m | 5.9x | 40.8x | 4x |
| Tue, 25 Oct 2022 | RM26.9b | RM6.5b | RM689.1m | 10.2x | 39x | 4.1x |
| Thu, 22 Sep 2022 | RM27.1b | RM6.5b | RM689.1m | 10.4x | 39.3x | 4.2x |
| Sat, 20 Aug 2022 | RM28.4b | RM6.2b | RM520.0m | 8.4x | 54.7x | 4.6x |
| Mon, 18 Jul 2022 | RM28.1b | RM6.2b | RM535.7m | 8.4x | 52.4x | 4.5x |
| Wed, 15 Jun 2022 | RM29.0b | RM6.2b | RM535.7m | 8.9x | 54.2x | 4.7x |
| Fri, 13 May 2022 | RM31.4b | RM5.8b | RM418.0m | 10.1x | 75.1x | 5.4x |
| Sun, 10 Apr 2022 | RM31.6b | RM5.8b | RM474.5m | 10.5x | 66.7x | 5.5x |
| Tue, 08 Mar 2022 | RM34.9b | RM10.5b | RM1.0b | 10.5x | 34.5x | 3.3x |
| Thu, 03 Feb 2022 | RM34.2b | RM9.9b | RM172.8m | 11.3x | 197.8x | 3.5x |
| Sat, 01 Jan 2022 | RM35.4b | RM9.9b | RM113.4m | 11.3x | 312.1x | 3.6x |
| Mon, 29 Nov 2021 | RM35.9b | RM9.9b | -RM17,422,000.00 | 11.3x | -2060.1x | 3.6x |
| Wed, 27 Oct 2021 | RM37.8b | RM10.0b | RM48.4m | 11.1x | 779.9x | 3.8x |
| Fri, 24 Sep 2021 | RM37.0b | RM10.0b | RM48.4m | 9.7x | 763.9x | 3.7x |
| Sun, 22 Aug 2021 | RM35.5b | RM10.0b | RM48.4m | 10.1x | 733.1x | 3.5x |
| Fri, 09 Jul 2021 | RM35.1b | RM10.0b | RM48.4m | 10.2x | 724.5x | 3.5x |
Price to Earnings Ratio
3506.1x
Current Industry PE
- Investors are pessimistic on the Malaysian Infrastructure 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 24.7x which is lower than its 3-year average PE of 242x.
- The industry is trading close to its 3-year average PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 449% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.1% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 1.76% | |
| Industrials | 2.31% | |
| Infrastructure | 1.37% | |
| Airport Services | 2.20% | |
| Marine Ports and Services | 1.17% | |
| Highways and Railtracks | -1.45% | |
Industry PE
- Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 26.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Marine Ports and Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.0x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 23% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 5.9% 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 | |
|---|---|---|---|---|---|
| AIRPORT Malaysia Airports Holdings Berhad | RM10.26 | 2.6% +RM433.8m | 41.5% | PE35.2x | |
| WPRTS Westports Holdings Berhad | RM4.01 | 2.6% +RM341.0m | 14.2% | PE17.1x | |
| BIPORT Bintulu Port Holdings Berhad | RM6.16 | 1.0% +RM27.6m | 23.0% | PE22.7x | |
| PLINTAS Prolintas Infra Business Trust | RM0.97 | 0.5% +RM5.5m | n/a | n/a |
