Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Materials Sector Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies125
  • 7D1.0%
  • 3M10.4%
  • 1Y28.3%
  • YTD11.8%

In the last week, the Materials industry is up 1.9%, with PETRONAS Chemicals Group Berhad up 11%. In the same time, Malayan Cement Berhad was down 9.9%. This means that the industry has gained 28% over the past year. Looking forward, earnings are forecast to grow by 48% annually.

Sector Valuation and Performance

Has the Malaysian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026RM 161.2bRM 139.2bRM 277.1m13x581.7x1.2x
Sat, 21 Feb 2026RM 151.4bRM 138.8bRM 2.5b15.3x59.7x1.1x
Mon, 19 Jan 2026RM 145.7bRM 138.7bRM 2.5b15.1x57.7x1.1x
Wed, 17 Dec 2025RM 142.0bRM 138.6bRM 2.5b14.5x56.9x1x
Fri, 14 Nov 2025RM 139.1bRM 139.0bRM 1.4b15.3x102.8x1x
Sun, 12 Oct 2025RM 142.3bRM 138.7bRM 1.3b16.3x113.4x1x
Tue, 09 Sep 2025RM 135.5bRM 138.8bRM 1.3b15.7x106.3x1x
Thu, 07 Aug 2025RM 128.7bRM 139.1bRM 3.3b13.6x39.4x0.9x
Sat, 05 Jul 2025RM 125.3bRM 139.4bRM 3.5b13.9x36x0.9x
Mon, 02 Jun 2025RM 122.8bRM 139.7bRM 3.5b13.4x35x0.9x
Wed, 30 Apr 2025RM 121.4bRM 139.6bRM 4.3b13.7x28x0.9x
Fri, 28 Mar 2025RM 125.1bRM 140.0bRM 4.4b14.2x28.6x0.9x
Sun, 23 Feb 2025RM 132.4bRM 138.8bRM 4.1b12.5x32.2x1x
Tue, 21 Jan 2025RM 136.9bRM 138.3bRM 3.9b14.2x35.5x1x
Thu, 19 Dec 2024RM 137.8bRM 138.3bRM 3.9b14.2x35.6x1x
Sat, 16 Nov 2024RM 130.2bRM 134.6bRM 5.0b14.1x26.1x1x
Mon, 14 Oct 2024RM 143.3bRM 134.5bRM 5.2b14.1x27.7x1.1x
Wed, 11 Sep 2024RM 137.0bRM 134.3bRM 5.1b14.1x26.7x1x
Fri, 09 Aug 2024RM 140.9bRM 132.7bRM 4.8b15.5x29.5x1.1x
Sun, 07 Jul 2024RM 161.5bRM 132.4bRM 4.7b16.7x34.3x1.2x
Tue, 04 Jun 2024RM 160.4bRM 131.3bRM 4.4b15x36.4x1.2x
Thu, 02 May 2024RM 157.5bRM 131.5bRM 4.3b16.3x36.6x1.2x
Sat, 30 Mar 2024RM 149.6bRM 131.4bRM 4.3b15.8x34.9x1.1x
Mon, 26 Feb 2024RM 151.8bRM 133.0bRM 4.4b16.3x34.5x1.1x
Wed, 24 Jan 2024RM 150.9bRM 134.1bRM 4.0b16.4x37.8x1.1x
Fri, 22 Dec 2023RM 151.9bRM 134.1bRM 4.0b15.9x38x1.1x
Sun, 19 Nov 2023RM 152.6bRM 136.3bRM 5.6b15.6x27.2x1.1x
Tue, 17 Oct 2023RM 153.3bRM 136.7bRM 5.2b15.8x29.6x1.1x
Thu, 14 Sep 2023RM 153.0bRM 136.7bRM 5.5b15.7x27.7x1.1x
Sat, 12 Aug 2023RM 150.3bRM 140.0bRM 7.3b13.4x20.6x1.1x
Mon, 10 Jul 2023RM 139.9bRM 141.2bRM 7.5b12.5x18.6x1x
Wed, 07 Jun 2023RM 141.7bRM 138.2bRM 7.5b12.8x19x1x
Fri, 05 May 2023RM 150.8bRM 139.7bRM 9.8b11.1x15.4x1.1x
Sun, 02 Apr 2023RM 148.7bRM 140.6bRM 10.1b11.4x14.7x1.1x
Price to Earnings Ratio

14.7x


Total Market Cap: RM 148.7bTotal Earnings: RM 10.1bTotal Revenue: RM 140.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Materials Sector Price to Earnings3Y Average 52.9x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 582x which is higher than its 3-year average PE of 52.9x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 70% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Materials sector?

MY Market-1.21%
Materials1.04%
Chemicals6.77%
Paper and Forestry Products-0.49%
Metals and Mining-1.55%
Packaging-4.72%
Basic Materials-7.96%
Industry PE
  • Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 34.4x.
    • Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings growth of 7.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 99% over the next 5 years.
  • This is better than its past earnings decline of 4.7% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 7.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PCHEM PETRONAS Chemicals Group BerhadRM 5.4611.4%
+RM 4.5b		49.6%PS1.6x
TMK TMK Chemical BhdRM 1.377.0%
+RM 90.0m		11.4%PE14x
CEPCO Concrete Engineering Products BerhadRM 1.9919.2%
+RM 23.9m		73.0%PE6.6x
MYCRON Mycron Steel BerhadRM 0.3027.1%
+RM 21.3m		5.2%PE12.5x
PGLOBAL Pantech Global BerhadRM 0.465.8%
+RM 21.3m		-12.5%PE7.1x

Latest News

HIAPTEK
RM 0.28
Hiap Teck Venture Berhad
7D
5.8%
1Y
-6.8%
MEGAFB
RM 1.00
Mega Fortris Berhad
7D
-17.4%
1Y
102.0%
PCHEM
RM 5.80
PETRONAS Chemicals Group Berhad
7D
5.8%
1Y
54.7%

PCHEM: Weaker Demand And Lower P E Multiple Will Pressure Returns

Analysts have trimmed their MYR 2.06 fair value estimate for PETRONAS Chemicals Group Berhad to MYR 1.82, citing updated assumptions on revenue growth, margins and a lower future P/E multiple as key drivers of the new price target. Analyst Commentary Bearish analysts are framing the lower MYR 1.82 fair value for PETRONAS Chemicals Group Berhad as a reflection of tougher assumptions on revenue growth, profitability and the valuation multiple that investors may be willing to pay.
CEPCO
RM 1.88
Concrete Engineering Products Berhad
7D
12.6%
1Y
60.7%
SCIENTX
RM 3.43
Scientex Berhad
7D
-5.0%
1Y
-7.0%
MSC
RM 1.86
Malaysia Smelting Corporation Berhad
7D
3.3%
1Y
46.5%
TMK
RM 1.37
TMK Chemical Bhd
7D
5.4%
1Y
8.7%
MCEMENT
RM 6.29
Malayan Cement Berhad
7D
-3.2%
1Y
31.6%
LCTITAN
RM 0.42
Lotte Chemical Titan Holding Berhad
7D
-3.4%
1Y
-2.3%
PMETAL
RM 7.68
Press Metal Aluminium Holdings Berhad
7D
-1.2%
1Y
52.1%
PMBTECH
RM 1.24
PMB Technology Berhad
7D
-2.4%
1Y
-15.6%
TGUAN
RM 1.29
Thong Guan Industries Berhad
7D
2.4%
1Y
11.2%
BKAWAN
RM 19.88
Batu Kawan Berhad
7D
0.4%
1Y
1.4%
CMSB
RM 1.13
Cahya Mata Sarawak Berhad
7D
-2.6%
1Y
16.5%
SSTEEL
RM 0.40
Southern Steel Berhad
7D
-4.8%
1Y
23.1%

Does Southern Steel Berhad (KLSE:SSTEEL) Have A Healthy Balance Sheet?

Feb 11
Does Southern Steel Berhad (KLSE:SSTEEL) Have A Healthy Balance Sheet?
PGLOBAL
RM 0.46
Pantech Global Berhad
7D
5.7%
1Y
-12.4%

Estimating The Fair Value Of Pantech Global Berhad (KLSE:PGLOBAL)

Jan 30
Estimating The Fair Value Of Pantech Global Berhad (KLSE:PGLOBAL)