Narrative Update • May 01

Over the last 7 days, the Materials industry has dropped 1.2%, driven by PETRONAS Chemicals Group Berhad declining 6.1%. Over the past 12 months, the industry was up 40%. Earnings are forecast to grow by 29% annually.
Has the Malaysian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 12 May 2026 | RM 174.9b | RM 140.0b | RM 526.5m | 13.4x | 332.3x | 1.2x |
| Thu, 09 Apr 2026 | RM 167.1b | RM 138.6b | RM 307.7m | 13.3x | 543x | 1.2x |
| Sat, 07 Mar 2026 | RM 157.0b | RM 139.2b | RM 265.9m | 13.6x | 590.5x | 1.1x |
| Mon, 02 Feb 2026 | RM 147.5b | RM 138.7b | RM 2.6b | 15.1x | 57.8x | 1.1x |
| Wed, 31 Dec 2025 | RM 145.9b | RM 138.7b | RM 2.5b | 15.2x | 57.8x | 1.1x |
| Fri, 28 Nov 2025 | RM 135.6b | RM 138.7b | RM 2.4b | 14.4x | 57.2x | 1x |
| Sun, 26 Oct 2025 | RM 141.5b | RM 138.5b | RM 1.2b | 14.7x | 113.9x | 1x |
| Tue, 23 Sep 2025 | RM 138.5b | RM 138.8b | RM 1.3b | 15.9x | 107.6x | 1x |
| Thu, 21 Aug 2025 | RM 133.3b | RM 137.8b | RM 1.4b | 13.9x | 96.5x | 1x |
| Sat, 19 Jul 2025 | RM 122.5b | RM 139.5b | RM 3.5b | 13.8x | 35.1x | 0.9x |
| Mon, 16 Jun 2025 | RM 121.0b | RM 139.6b | RM 3.5b | 13.7x | 34.8x | 0.9x |
| Wed, 14 May 2025 | RM 128.0b | RM 139.1b | RM 4.3b | 13.8x | 29.6x | 0.9x |
| Fri, 11 Apr 2025 | RM 111.2b | RM 140.0b | RM 4.3b | 12.6x | 25.8x | 0.8x |
| Sun, 09 Mar 2025 | RM 126.1b | RM 139.9b | RM 4.4b | 14.6x | 28.8x | 0.9x |
| Tue, 04 Feb 2025 | RM 133.5b | RM 138.3b | RM 3.9b | 13.4x | 34.6x | 1x |
| Thu, 02 Jan 2025 | RM 141.4b | RM 138.4b | RM 3.9b | 14.7x | 36.6x | 1x |
| Sat, 30 Nov 2024 | RM 132.9b | RM 136.4b | RM 3.6b | 13.9x | 36.6x | 1x |
| Mon, 28 Oct 2024 | RM 141.0b | RM 134.5b | RM 5.2b | 14.3x | 27.3x | 1x |
| Wed, 25 Sep 2024 | RM 142.1b | RM 134.3b | RM 5.1b | 14.4x | 27.6x | 1.1x |
| Fri, 23 Aug 2024 | RM 146.4b | RM 133.8b | RM 5.0b | 14.4x | 29.1x | 1.1x |
| Sun, 21 Jul 2024 | RM 156.6b | RM 132.7b | RM 4.7b | 16.4x | 33.1x | 1.2x |
| Tue, 18 Jun 2024 | RM 161.9b | RM 132.3b | RM 4.7b | 16x | 34.7x | 1.2x |
| Thu, 16 May 2024 | RM 159.4b | RM 131.7b | RM 4.3b | 15.5x | 36.9x | 1.2x |
| Sat, 13 Apr 2024 | RM 155.0b | RM 131.3b | RM 4.3b | 16.7x | 36.1x | 1.2x |
| Mon, 11 Mar 2024 | RM 148.5b | RM 131.0b | RM 4.3b | 15.3x | 34.9x | 1.1x |
| Wed, 07 Feb 2024 | RM 148.7b | RM 133.8b | RM 4.2b | 16.3x | 35.3x | 1.1x |
| Fri, 05 Jan 2024 | RM 156.0b | RM 134.1b | RM 4.0b | 16.2x | 39x | 1.2x |
| Sun, 03 Dec 2023 | RM 151.4b | RM 134.0b | RM 3.9b | 16.3x | 38.4x | 1.1x |
| Tue, 31 Oct 2023 | RM 151.8b | RM 136.2b | RM 5.5b | 15.1x | 27.6x | 1.1x |
| Thu, 28 Sep 2023 | RM 152.1b | RM 136.6b | RM 5.5b | 15.8x | 27.6x | 1.1x |
| Sat, 26 Aug 2023 | RM 150.5b | RM 137.6b | RM 5.8b | 14x | 26.1x | 1.1x |
| Mon, 24 Jul 2023 | RM 145.4b | RM 141.1b | RM 7.5b | 13.4x | 19.4x | 1x |
| Wed, 21 Jun 2023 | RM 138.9b | RM 138.2b | RM 7.5b | 12.6x | 18.6x | 1x |
| Fri, 19 May 2023 | RM 146.6b | RM 139.8b | RM 9.8b | 11.2x | 15x | 1x |
15x
Which industries have driven the changes within the Malaysian Materials sector?
| MY Market | 0.59% | |
| Materials | -1.18% | |
| Basic Materials | 4.18% | |
| Metals and Mining | 0.25% | |
| Packaging | -0.075% | |
| Paper and Forestry Products | -0.50% | |
| Chemicals | -4.12% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PMETAL Press Metal Aluminium Holdings Berhad | RM 8.99 | 1.2% +RM 906.4m | 76.3% | PE35.3x | |
| MCEMENT Malayan Cement Berhad | RM 7.35 | 9.5% +RM 889.5m | 45.5% | PE13.1x | |
| MSC Malaysia Smelting Corporation Berhad | RM 2.18 | 17.2% +RM 268.8m | 71.0% | PE22.3x | |
| HUMEIND Hume Cement Industries Berhad | RM 3.21 | 3.2% +RM 72.1m | 10.7% | PE5.5x | |
| CORAZA Coraza Integrated Technology Berhad | RM 0.89 | 11.9% +RM 46.9m | 76.2% | PE31.1x |