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Malaysian (KLSE) Machinery Industry Analysis
UpdatedSep 02, 2024
DataAggregated Company Financials
Companies47
- 7D-4.2%
- 3M-14.2%
- 1Y-9.1%
- YTD-1.4%
Over the last 7 days, the Machinery industry has dropped 4.2%, driven by pullbacks in Pentamaster Corporation Berhad and UWC Berhad of 7.7% and 7.1%, respectively. Overall the industry is down 9.1% in 12 months. As for the next few years, earnings are expected to grow by 30% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 02 Sep 2024 | RM 22.5b | RM 10.8b | RM 495.6m | 21.4x | 45.4x | 2.1x |
| Wed, 31 Jul 2024 | RM 25.4b | RM 10.6b | RM 366.0m | 24.8x | 69.3x | 2.4x |
| Fri, 28 Jun 2024 | RM 26.2b | RM 10.6b | RM 383.1m | 23.1x | 68.5x | 2.5x |
| Sun, 26 May 2024 | RM 26.2b | RM 10.6b | RM 224.2m | 25.8x | 117x | 2.5x |
| Tue, 23 Apr 2024 | RM 21.9b | RM 10.6b | RM 454.5m | 19x | 48.2x | 2.1x |
| Thu, 21 Mar 2024 | RM 21.8b | RM 10.6b | RM 476.9m | 19x | 45.7x | 2.1x |
| Sat, 17 Feb 2024 | RM 20.2b | RM 10.3b | RM 471.6m | 20.7x | 42.9x | 2x |
| Mon, 15 Jan 2024 | RM 20.7b | RM 10.3b | RM 464.4m | 20.8x | 44.6x | 2x |
| Wed, 13 Dec 2023 | RM 21.7b | RM 10.6b | RM 834.8m | 20.8x | 26x | 2x |
| Fri, 10 Nov 2023 | RM 22.0b | RM 10.7b | RM 808.7m | 21.7x | 27.3x | 2.1x |
| Sun, 08 Oct 2023 | RM 22.1b | RM 10.6b | RM 820.9m | 21.5x | 27x | 2.1x |
| Tue, 05 Sep 2023 | RM 22.5b | RM 10.7b | RM 843.2m | 21x | 26.6x | 2.1x |
| Thu, 03 Aug 2023 | RM 22.4b | RM 10.9b | RM 1.0b | 18.4x | 22x | 2.1x |
| Sat, 01 Jul 2023 | RM 21.0b | RM 10.9b | RM 1.0b | 18.9x | 20.2x | 1.9x |
| Mon, 29 May 2023 | RM 20.6b | RM 10.9b | RM 1.1b | 18.3x | 19.6x | 1.9x |
| Wed, 26 Apr 2023 | RM 21.2b | RM 11.0b | RM 1.0b | 16.9x | 21.1x | 1.9x |
| Fri, 24 Mar 2023 | RM 21.6b | RM 11.0b | RM 1.0b | 17.6x | 21.5x | 2x |
| Sun, 19 Feb 2023 | RM 23.4b | RM 11.0b | RM 856.6m | 16.7x | 27.3x | 2.1x |
| Tue, 17 Jan 2023 | RM 22.7b | RM 11.0b | RM 849.4m | 15.7x | 26.7x | 2.1x |
| Thu, 15 Dec 2022 | RM 22.7b | RM 10.9b | RM 839.5m | 15.9x | 27x | 2.1x |
| Sat, 12 Nov 2022 | RM 20.8b | RM 10.4b | RM 800.2m | 13.6x | 26x | 2x |
| Mon, 10 Oct 2022 | RM 20.5b | RM 10.4b | RM 803.6m | 15.4x | 25.5x | 2x |
| Wed, 07 Sep 2022 | RM 20.2b | RM 10.3b | RM 795.0m | 15.9x | 25.4x | 2x |
| Fri, 05 Aug 2022 | RM 20.4b | RM 9.7b | RM 680.3m | 18.1x | 30x | 2.1x |
| Sun, 03 Jul 2022 | RM 17.3b | RM 9.7b | RM 648.4m | 15.6x | 26.7x | 1.8x |
| Tue, 31 May 2022 | RM 18.0b | RM 9.6b | RM 765.0m | 14.3x | 23.5x | 1.9x |
| Thu, 28 Apr 2022 | RM 18.4b | RM 9.2b | RM 688.0m | 15.9x | 26.8x | 2x |
| Sat, 26 Mar 2022 | RM 21.2b | RM 9.1b | RM 700.2m | 16.7x | 30.3x | 2.3x |
| Mon, 21 Feb 2022 | RM 22.3b | RM 8.6b | RM 719.1m | 20.1x | 31.1x | 2.6x |
| Wed, 19 Jan 2022 | RM 23.1b | RM 8.4b | RM 695.1m | 19x | 33.3x | 2.7x |
| Fri, 17 Dec 2021 | RM 24.9b | RM 8.4b | RM 690.6m | 17.3x | 36.1x | 3x |
| Sun, 14 Nov 2021 | RM 25.9b | RM 8.1b | RM 596.4m | 17.9x | 43.4x | 3.2x |
| Tue, 12 Oct 2021 | RM 25.6b | RM 8.0b | RM 584.6m | 18.7x | 43.8x | 3.2x |
| Thu, 09 Sep 2021 | RM 23.5b | RM 7.9b | RM 408.6m | 22x | 57.6x | 3x |
Price to Earnings Ratio
57.6x
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 69.0x which is higher than its 3-year average PE of 35.1x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have declined 7.2% per year 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 0.86% | |
| Industrials | -1.13% | |
| Machinery | -4.25% | |
| Construction Machinery and Vehicles | -1.86% | |
| Agricultural Machinery | -2.70% | |
| Industrial Machinery | -4.65% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 38.0x.
- Analysts are expecting annual earnings growth of 30.5%, which is higher than its past year's earnings decline of 13.4% 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 13% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| SAM SAM Engineering & Equipment (M) Berhad | RM 5.35 | 0.6% +RM 20.3m | 13.8% | PE36.9x | |
| SEALINK Sealink International Berhad | RM 0.37 | 7.2% +RM 12.5m | 146.7% | PE16.1x | |
| MYTECH MyTech Group Berhad | RM 0.45 | 11.1% +RM 10.1m | 18.4% | PE33.1x | |
| CBIP CB Industrial Product Holding Berhad | RM 1.36 | 0.7% +RM 4.7m | 20.4% | PE8.7x | |
| JASKITA Jasa Kita Berhad | RM 0.20 | 5.4% +RM 4.5m | 62.5% | PE2.2x |
