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Malaysian (KLSE) Chemicals Industry Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies29
  • 7D-9.8%
  • 3M-10.0%
  • 1Y27.5%
  • YTD18.0%

Over the last 7 days, the Chemicals industry has dropped 9.8%, driven by PETRONAS Chemicals Group Berhad declining 16%. Meanwhile, TMK Chemical Bhd actually outperformed within the industry, gaining 13% in the last week. Over the past 12 months, the industry was up 28%. As for the next few years, earnings are expected to grow by 44% per annum.

Industry Valuation and Performance

Has the Malaysian Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jun 2026RM 59.9bRM 75.0b-RM 2,233,899,625.0012.1x-26.8x0.8x
Wed, 20 May 2026RM 68.5bRM 75.7b-RM 3,004,579,119.0013.2x-22.8x0.9x
Fri, 17 Apr 2026RM 68.2bRM 74.6b-RM 3,104,746,343.0013.6x-22x0.9x
Sun, 15 Mar 2026RM 60.5bRM 74.6b-RM 3,116,086,343.0013.3x-19.4x0.8x
Tue, 10 Feb 2026RM 49.6bRM 74.3b-RM 796,733,895.0012.5x-62.2x0.7x
Thu, 08 Jan 2026RM 49.7bRM 74.3b-RM 800,045,337.0013.5x-62.2x0.7x
Sat, 06 Dec 2025RM 48.7bRM 74.2b-RM 809,497,337.0012.2x-60.1x0.7x
Mon, 03 Nov 2025RM 54.2bRM 74.4b-RM 1,478,960,466.0013.6x-36.7x0.7x
Wed, 01 Oct 2025RM 57.2bRM 74.5b-RM 1,487,018,572.0014.1x-38.4x0.8x
Fri, 29 Aug 2025RM 57.8bRM 73.6b-RM 1,533,501,777.0014.6x-37.7x0.8x
Sun, 27 Jul 2025RM 51.0bRM 75.2bRM 559.6m14.6x91.1x0.7x
Tue, 24 Jun 2025RM 47.6bRM 75.2bRM 556.6m13.7x85.4x0.6x
Thu, 22 May 2025RM 51.1bRM 74.5bRM 555.4m13.5x92.1x0.7x
Sat, 19 Apr 2025RM 48.0bRM 74.5bRM 1.2b14.4x40.3x0.6x
Mon, 17 Mar 2025RM 52.5bRM 74.5bRM 1.3b14.3x41.8x0.7x
Wed, 12 Feb 2025RM 59.8bRM 73.7bRM 848.2m17.7x70.5x0.8x
Fri, 10 Jan 2025RM 63.4bRM 73.8bRM 1.2b17x53.7x0.9x
Sun, 08 Dec 2024RM 63.5bRM 72.5bRM 1.1b17.2x58.9x0.9x
Tue, 05 Nov 2024RM 68.9bRM 71.0bRM 2.5b16.5x27.2x1x
Thu, 03 Oct 2024RM 71.3bRM 71.0bRM 2.5b15.8x28.1x1x
Sat, 31 Aug 2024RM 70.7bRM 70.9bRM 2.5b17.3x28.2x1x
Mon, 29 Jul 2024RM 72.9bRM 69.8bRM 2.2b20.6x32.7x1x
Wed, 26 Jun 2024RM 77.4bRM 69.9bRM 2.2b19.7x34.4x1.1x
Fri, 24 May 2024RM 80.7bRM 69.7bRM 2.1b21.9x38.9x1.2x
Sun, 21 Apr 2024RM 78.7bRM 70.3bRM 2.0b20.2x38.4x1.1x
Tue, 19 Mar 2024RM 78.7bRM 70.0bRM 2.0b21.2x39.2x1.1x
Thu, 15 Feb 2024RM 79.0bRM 72.6bRM 2.4b22.3x32.6x1.1x
Sat, 13 Jan 2024RM 80.8bRM 72.8bRM 2.3b22.6x35.6x1.1x
Mon, 11 Dec 2023RM 80.2bRM 72.7bRM 2.2b22.6x35.9x1.1x
Wed, 08 Nov 2023RM 82.5bRM 74.2bRM 3.9b17.1x21.1x1.1x
Fri, 06 Oct 2023RM 80.7bRM 74.7bRM 3.6b16.8x22.4x1.1x
Sun, 03 Sep 2023RM 81.2bRM 74.7bRM 3.6b16.8x22.5x1.1x
Tue, 01 Aug 2023RM 79.7bRM 76.3bRM 5.1b13.9x15.6x1x
Thu, 29 Jun 2023RM 72.5bRM 77.4bRM 5.3b13.7x13.7x0.9x
Price to Earnings Ratio

13.7x


Total Market Cap: RM 72.5bTotal Earnings: RM 5.3bTotal Revenue: RM 77.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Chemicals Industry Price to Earnings3Y Average 18.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
  • 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 industry?

MY Market1.42%
Materials-5.67%
Chemicals-9.79%
Diversified Chemicals-0.27%
Fertilizers and Agricultural Chemicals-0.79%
Specialty Chemicals-3.14%
Commodity Chemicals-10.48%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry even though it's trading below its 3-year average PE ratio of 56.9x.
    • Analysts are expecting annual earnings growth of 14.9%, which is lower than the prior year's growth of 21.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings growth rate of 8.2% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 15% 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
TMK TMK Chemical BhdRM 2.5412.9%
+RM 290.0m
108.2%PE23.8x
BKAWAN Batu Kawan BerhadRM 20.681.9%
+RM 147.2m
8.7%PE13.4x
SENFONG Seng Fong Holdings BerhadRM 0.680.7%
+RM 3.6m
-16.7%PS0.4x
POLYMER Polymer Link Holdings BerhadRM 0.143.8%
+RM 2.8m
n/aPE45.8x

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