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Malaysian (KLSE) Chemicals Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies29
  • 7D-2.7%
  • 3M-15.2%
  • 1Y22.6%
  • YTD15.1%

Over the last 7 days, the Chemicals industry has dropped 2.7%, driven by a pullback from PETRONAS Chemicals Group Berhad of 5.5%. In contrast, TMK Chemical Bhd has gained 17%. In the past year, the industry has gained 23%. Looking forward, earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026RM 58.5bRM 75.0b-RM 2,233,899,625.0012.3x-26.2x0.8x
Thu, 21 May 2026RM 68.9bRM 75.7b-RM 3,004,579,119.0012.8x-22.9x0.9x
Sat, 18 Apr 2026RM 67.6bRM 74.6b-RM 3,104,490,343.0013.6x-21.8x0.9x
Mon, 16 Mar 2026RM 60.5bRM 74.6b-RM 3,116,086,343.0013.3x-19.4x0.8x
Wed, 11 Feb 2026RM 49.3bRM 74.3b-RM 796,733,895.0012.6x-61.9x0.7x
Fri, 09 Jan 2026RM 48.6bRM 74.3b-RM 800,045,337.0013.5x-60.7x0.7x
Sun, 07 Dec 2025RM 48.7bRM 74.2b-RM 809,497,337.0012.2x-60.1x0.7x
Tue, 04 Nov 2025RM 54.5bRM 74.4b-RM 1,478,960,466.0013.6x-36.9x0.7x
Thu, 02 Oct 2025RM 57.6bRM 74.5b-RM 1,487,018,572.0013.8x-38.7x0.8x
Sat, 30 Aug 2025RM 56.8bRM 74.4b-RM 1,486,876,312.0012.4x-38.2x0.8x
Mon, 28 Jul 2025RM 51.0bRM 75.2bRM 559.6m14.6x91.1x0.7x
Wed, 25 Jun 2025RM 47.1bRM 75.2bRM 556.6m14x84.7x0.6x
Fri, 23 May 2025RM 50.3bRM 74.5bRM 555.4m13.5x90.6x0.7x
Sun, 20 Apr 2025RM 48.0bRM 74.5bRM 1.2b14.4x40.3x0.6x
Tue, 18 Mar 2025RM 53.2bRM 74.5bRM 1.3b14.6x42.3x0.7x
Thu, 13 Feb 2025RM 58.2bRM 73.7bRM 848.2m16.9x68.6x0.8x
Sat, 11 Jan 2025RM 63.6bRM 73.8bRM 1.2b17x53.9x0.9x
Mon, 09 Dec 2024RM 63.5bRM 72.5bRM 1.1b17.2x58.9x0.9x
Wed, 06 Nov 2024RM 65.4bRM 71.0bRM 2.5b16.6x25.9x0.9x
Fri, 04 Oct 2024RM 71.0bRM 71.0bRM 2.5b15.9x27.9x1x
Sun, 01 Sep 2024RM 70.7bRM 70.9bRM 2.5b16.3x28.2x1x
Tue, 30 Jul 2024RM 72.3bRM 69.8bRM 2.2b20.9x32.4x1x
Thu, 27 Jun 2024RM 77.4bRM 69.9bRM 2.2b19.9x34.4x1.1x
Sat, 25 May 2024RM 80.8bRM 69.7bRM 2.1b21.8x39x1.2x
Mon, 22 Apr 2024RM 78.7bRM 70.3bRM 2.0b20.2x38.5x1.1x
Wed, 20 Mar 2024RM 78.4bRM 70.0bRM 2.0b21.4x39.1x1.1x
Fri, 16 Feb 2024RM 79.6bRM 72.6bRM 2.4b22.6x32.9x1.1x
Sun, 14 Jan 2024RM 80.8bRM 72.8bRM 2.3b22.6x35.6x1.1x
Tue, 12 Dec 2023RM 80.9bRM 72.7bRM 2.2b22.6x36.2x1.1x
Thu, 09 Nov 2023RM 82.8bRM 74.2bRM 3.9b17.2x21.2x1.1x
Sat, 07 Oct 2023RM 81.0bRM 74.7bRM 3.6b17.1x22.5x1.1x
Mon, 04 Sep 2023RM 81.2bRM 74.7bRM 3.6b16.8x22.5x1.1x
Wed, 02 Aug 2023RM 78.9bRM 76.3bRM 5.1b13.9x15.5x1x
Fri, 30 Jun 2023RM 72.2bRM 77.4bRM 5.3b13.7x13.7x0.9x
Price to Earnings Ratio

13.7x


Total Market Cap: RM 72.2bTotal 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 Market0.47%
Materials-0.55%
Chemicals-2.69%
Specialty Chemicals1.93%
Diversified Chemicals0.20%
Fertilizers and Agricultural Chemicals-0.038%
Commodity Chemicals-2.94%
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 2.7516.5%
+RM 390.0m		129.2%PE25.8x
BKAWAN Batu Kawan BerhadRM 20.801.0%
+RM 77.5m		9.2%PE13.4x
HIL Hil Industries BerhadRM 0.695.3%
+RM 11.6m		-3.5%PE7.4x
SMART Smart Asia Chemical BhdRM 0.1812.1%
+RM 7.4m		-11.9%PE20x
ANCOMNY Ancom Nylex BerhadRM 0.880.6%
+RM 5.3m		-2.2%PE12.7x

Latest News

TEKSENG
RM 0.24
Tek Seng Holdings Berhad
7D
-3.9%
1Y
4.3%
ZANTAT
RM 0.16
Zantat Holdings Berhad
7D
14.3%
1Y
-33.3%
TMK
RM 2.64
TMK Chemical Bhd
7D
6.5%
1Y
118.2%
PCHEM
RM 4.06
PETRONAS Chemicals Group Berhad
7D
-10.4%
1Y
31.0%
CRPMATE
RM 0.18
Cropmate Berhad
7D
-2.7%
1Y
5.9%
SCIENTX
RM 3.76
Scientex Berhad
7D
-1.3%
1Y
15.3%
FIBRO
RM 0.81
Fibromat (M) Berhad
7D
-1.8%
1Y
54.8%
POLYMER
RM 0.14
Polymer Link Holdings Berhad
7D
7.4%
1Y
n/a
HIL
RM 0.69
Hil Industries Berhad
7D
5.3%
1Y
-3.5%
LUSTER
RM 0.03
Luster Industries Bhd
7D
20.0%
1Y
-40.0%
HEXZA
RM 0.92
Hexza Corporation Berhad
7D
-1.6%
1Y
4.0%
BKAWAN
RM 21.56
Batu Kawan Berhad
7D
4.7%
1Y
13.2%
SMART
RM 0.18
Smart Asia Chemical Bhd
7D
12.1%
1Y
-11.9%
LCTITAN
RM 0.30
Lotte Chemical Titan Holding Berhad
7D
-3.2%
1Y
-29.9%
WTEC
RM 0.12
WTEC Group Berhad
7D
9.1%
1Y
-35.1%
TOYOVEN
RM 0.20
Toyo Ventures Holdings Berhad
7D
-12.8%
1Y
-35.9%