Here's What's Concerning About SFP Tech Holdings Berhad's (KLSE:SFPTECH) Returns On Capital
Apr 12
Malaysian (KLSE) Machinery Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies45
- 7D0.7%
- 3M4.0%
- 1Y-5.1%
- YTD1.4%
Over the last 7 days, the Machinery industry has remained flat, although notably Dufu Technology Berhad gained 10%. As for the longer term, the industry has declined 5.1% in the last year. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Malaysian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | RM22.6b | RM10.6b | RM454.5m | 19.3x | 49.7x | 2.1x |
| Thu, 14 Mar 2024 | RM22.0b | RM10.6b | RM478.0m | 20.9x | 46.1x | 2.1x |
| Sat, 10 Feb 2024 | RM19.7b | RM10.3b | RM471.6m | 19.8x | 41.9x | 1.9x |
| Mon, 08 Jan 2024 | RM20.9b | RM10.3b | RM464.4m | 20.9x | 45.1x | 2x |
| Wed, 06 Dec 2023 | RM20.9b | RM10.5b | RM865.7m | 19.9x | 24.1x | 2x |
| Fri, 03 Nov 2023 | RM21.7b | RM10.6b | RM807.6m | 20.3x | 26.8x | 2x |
| Sun, 01 Oct 2023 | RM22.3b | RM10.6b | RM821.4m | 21.5x | 27.1x | 2.1x |
| Tue, 29 Aug 2023 | RM22.3b | RM11.0b | RM1.0b | 20.4x | 21.5x | 2x |
| Thu, 27 Jul 2023 | RM22.7b | RM10.9b | RM1.0b | 19.5x | 21.7x | 2.1x |
| Sat, 24 Jun 2023 | RM21.0b | RM10.9b | RM1.0b | 18.9x | 20.1x | 1.9x |
| Mon, 22 May 2023 | RM20.4b | RM11.0b | RM997.1m | 18.4x | 20.5x | 1.9x |
| Wed, 19 Apr 2023 | RM21.6b | RM11.0b | RM1.0b | 17.5x | 21.6x | 2x |
| Fri, 17 Mar 2023 | RM21.0b | RM11.0b | RM1.0b | 16.5x | 20.9x | 1.9x |
| Sun, 12 Feb 2023 | RM23.7b | RM11.0b | RM844.0m | 17.2x | 28.1x | 2.2x |
| Tue, 10 Jan 2023 | RM22.1b | RM11.0b | RM849.0m | 15.6x | 26x | 2x |
| Thu, 08 Dec 2022 | RM22.4b | RM10.9b | RM839.5m | 16.2x | 26.7x | 2x |
| Sat, 05 Nov 2022 | RM20.0b | RM10.4b | RM799.8m | 13.2x | 25x | 1.9x |
| Mon, 03 Oct 2022 | RM20.5b | RM10.4b | RM803.6m | 15.8x | 25.6x | 2x |
| Wed, 31 Aug 2022 | RM20.3b | RM10.4b | RM708.9m | 17.3x | 28.7x | 2x |
| Fri, 29 Jul 2022 | RM18.6b | RM9.7b | RM667.8m | 18.1x | 27.9x | 1.9x |
| Sun, 26 Jun 2022 | RM17.8b | RM9.7b | RM649.7m | 15.8x | 27.3x | 1.8x |
| Tue, 24 May 2022 | RM18.4b | RM9.2b | RM698.5m | 15.8x | 26.4x | 2x |
| Thu, 21 Apr 2022 | RM19.1b | RM9.2b | RM694.6m | 16.7x | 27.6x | 2.1x |
| Sat, 19 Mar 2022 | RM19.6b | RM9.2b | RM701.9m | 15.3x | 27.9x | 2.1x |
| Mon, 14 Feb 2022 | RM23.6b | RM8.4b | RM696.5m | 20.2x | 33.9x | 2.8x |
| Wed, 12 Jan 2022 | RM25.0b | RM8.4b | RM695.1m | 19.8x | 36x | 3x |
| Fri, 10 Dec 2021 | RM24.8b | RM8.4b | RM685.9m | 17x | 36.1x | 2.9x |
| Sun, 07 Nov 2021 | RM26.1b | RM8.1b | RM597.0m | 16.5x | 43.7x | 3.2x |
| Tue, 05 Oct 2021 | RM24.8b | RM8.0b | RM584.6m | 16.5x | 42.4x | 3.1x |
| Thu, 02 Sep 2021 | RM23.1b | RM7.9b | RM385.0m | 23.8x | 60x | 2.9x |
| Sat, 31 Jul 2021 | RM22.5b | RM7.9b | RM385.0m | 20.8x | 58.5x | 2.9x |
| Tue, 04 May 2021 | RM22.9b | RM7.5b | RM239.1m | 18.7x | 95.7x | 3x |
Price to Earnings Ratio
95.7x
Current Industry PE
- Investors are optimistic on the Malaysian Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.7x which is higher than its 3-year average PE of 35.0x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -0.96% | |
| Industrials | -0.58% | |
| Machinery | 0.67% | |
| Construction Machinery and Vehicles | 0.93% | |
| Industrial Machinery | 0.64% | |
| Agricultural Machinery | -2.33% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 30.5%, which is lower than the prior year's growth of 31.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings decline by 30% 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 | |
|---|---|---|---|---|---|
| DUFU Dufu Technology Berhad | RM2.13 | 10.4% +RM106.1m | -2.7% | PE46.4x | |
| CPETECH CPE Technology Berhad | RM1.23 | 8.8% +RM67.1m | n/a | PE27.3x | |
| CHGP Chin Hin Group Property Berhad | RM1.73 | 1.8% +RM19.8m | 64.8% | PE33x | |
| COASTAL Coastal Contracts Bhd | RM1.50 | 2.0% +RM16.0m | -35.3% | PE3.7x | |
| CME CME Group Berhad | RM0.03 | 20.0% +RM5.2m | -14.3% | PS3.4x |