Here's Why My E.G. Services Berhad (KLSE:MYEG) Can Manage Its Debt Responsibly
Jun 01
Malaysian (KLSE) Professional Services Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies9
- 7D5.2%
- 3M8.1%
- 1Y-4.6%
- YTD-1.1%
Over the last 7 days, the Professional Services industry has risen 5.2%, driven by gains from My E.G. Services Berhad of 9.0%. During this same period, the Scicom (MSC) Berhad underperformed, falling 5.8%. In contrast, the industry has lost 4.6% in the last 12 months. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Malaysian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | RM10.5b | RM1.3b | RM519.9m | 30.7x | 20.2x | 8.2x |
| Thu, 04 May 2023 | RM10.3b | RM1.3b | RM506.1m | 29.4x | 20.4x | 8.1x |
| Sat, 01 Apr 2023 | RM9.6b | RM1.3b | RM500.9m | 30.8x | 19.2x | 7.6x |
| Mon, 27 Feb 2023 | RM9.2b | RM1.1b | RM477.4m | 30.7x | 19.2x | 8.7x |
| Wed, 25 Jan 2023 | RM3.9b | RM333.0m | RM69.7m | 43.7x | 56.5x | 11.8x |
| Fri, 23 Dec 2022 | RM3.7b | RM333.0m | RM69.7m | 41.9x | 53.2x | 11.1x |
| Sun, 20 Nov 2022 | RM3.5b | RM350.3m | RM72.8m | 37.6x | 48.1x | 10x |
| Tue, 18 Oct 2022 | RM3.4b | RM336.0m | RM61.7m | 41.4x | 55.8x | 10.2x |
| Thu, 15 Sep 2022 | RM3.7b | RM336.0m | RM61.7m | 43.8x | 60.7x | 11.1x |
| Sat, 13 Aug 2022 | RM3.8b | RM334.9m | RM36.7m | 45x | 102.7x | 11.2x |
| Mon, 11 Jul 2022 | RM3.2b | RM326.2m | RM26.2m | 42.5x | 120.6x | 9.7x |
| Wed, 08 Jun 2022 | RM3.4b | RM233.9m | RM20.8m | 40.3x | 163.4x | 14.5x |
| Fri, 06 May 2022 | RM3.7b | RM232.4m | RM21.5m | 43.9x | 170.7x | 15.8x |
| Sun, 03 Apr 2022 | RM3.9b | RM227.6m | RM17.5m | 49.7x | 222.1x | 17x |
| Tue, 01 Mar 2022 | RM3.7b | RM229.5m | RM18.4m | 48x | 201.7x | 16.1x |
| Thu, 27 Jan 2022 | RM4.0b | RM202.3m | RM19.1m | 52.9x | 211.2x | 19.9x |
| Sat, 25 Dec 2021 | RM4.1b | RM205.3m | RM19.4m | 54.2x | 210.1x | 19.8x |
| Mon, 22 Nov 2021 | RM4.6b | RM204.6m | RM19.5m | 59.9x | 236.7x | 22.6x |
| Wed, 20 Oct 2021 | RM4.8b | RM204.6m | RM21.0m | 63x | 228.7x | 23.5x |
| Fri, 17 Sep 2021 | RM4.4b | RM196.6m | RM43.1m | 58.9x | 101.8x | 22.3x |
| Sun, 15 Aug 2021 | RM3.9b | RM270.8m | RM41.4m | 49.9x | 94.5x | 14.4x |
| Thu, 10 Jun 2021 | RM226.8m | RM93.6m | -RM10,534,940.00 | n/a | -21.5x | 2.4x |
| Wed, 03 Mar 2021 | RM217.7m | RM88.6m | -RM12,384,440.00 | n/a | -17.6x | 2.5x |
| Sat, 05 Dec 2020 | RM179.1m | RM83.7m | -RM15,092,968.00 | n/a | -11.9x | 2.1x |
| Tue, 08 Sep 2020 | RM173.5m | RM84.5m | -RM13,383,203.00 | n/a | -13x | 2.1x |
Price to Earnings Ratio
-10.8x
Current Industry PE
- Investors are pessimistic on the Malaysian Professional Services 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 20.2x which is lower than its 3-year average PE of 68.6x.
- The 3-year average PS ratio of 9.7x is higher than the industry's current PS ratio of 8.2x.
Past Earnings Growth
- Total earnings for the Professional Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 148% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | -1.07% | |
| Industrials | -0.17% | |
| Professional Services | 5.21% | |
| Research and Consulting Services | 5.67% | |
| HR Services | 0.79% | |
Industry PE
- Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 7.3x.
- Analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings decline of 29.0% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, which is trading below its 3-year average of 100x.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 29% per year.
- In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| MYEG My E.G. Services Berhad | RM0.85 | 9.0% +RM518.4m | -6.6% | PE15x | |
| EFFICEN Efficient E-Solutions Berhad | RM0.20 | 14.3% +RM17.7m | -11.1% | PS6.8x | |
| AIM Advance Information Marketing Berhad | RM0.23 | 53.3% +RM7.8m | -23.3% | PS9x | |
| RAMSSOL Ramssol Group Berhad | RM0.35 | 4.5% +RM4.0m | -16.7% | PE19.3x |
