Does Southern Steel Berhad (KLSE:SSTEEL) Have A Healthy Balance Sheet?
Feb 11
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- 7D1.5%
- 3M7.2%
- 1Y40.4%
- YTD8.7%
The Metals and Mining industry is up 1.5% in the last week, with Press Metal Aluminium Holdings Berhad up 2.1%. In the same time, Malaysia Smelting Corporation Berhad was down 9.1%. This means that the industry has gained 40% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Malaysian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Mar 2026 | RM 75.6b | RM 41.3b | RM 2.1b | 11.9x | 36.1x | 1.8x |
| Thu, 19 Feb 2026 | RM 75.3b | RM 41.1b | RM 2.0b | 15.7x | 37.9x | 1.8x |
| Sat, 17 Jan 2026 | RM 72.5b | RM 41.0b | RM 2.0b | 16.6x | 36.3x | 1.8x |
| Mon, 15 Dec 2025 | RM 68.3b | RM 41.1b | RM 2.0b | 16.6x | 34.4x | 1.7x |
| Wed, 12 Nov 2025 | RM 64.7b | RM 40.7b | RM 1.7b | 18.2x | 37.3x | 1.6x |
| Fri, 10 Oct 2025 | RM 62.1b | RM 40.8b | RM 1.7b | 18.5x | 35.7x | 1.5x |
| Sun, 07 Sep 2025 | RM 57.6b | RM 40.9b | RM 1.8b | 17.5x | 32.6x | 1.4x |
| Tue, 05 Aug 2025 | RM 55.0b | RM 40.8b | RM 1.9b | 14.1x | 29.5x | 1.3x |
| Thu, 03 Jul 2025 | RM 53.8b | RM 40.8b | RM 1.9b | 14.6x | 28.6x | 1.3x |
| Sat, 31 May 2025 | RM 53.5b | RM 41.0b | RM 2.0b | 13.4x | 27.4x | 1.3x |
| Mon, 28 Apr 2025 | RM 52.2b | RM 41.3b | RM 2.0b | 12.9x | 25.7x | 1.3x |
| Wed, 26 Mar 2025 | RM 54.0b | RM 41.8b | RM 2.0b | 13.2x | 26.7x | 1.3x |
| Fri, 21 Feb 2025 | RM 56.0b | RM 41.1b | RM 1.7b | 12.8x | 32.2x | 1.4x |
| Sun, 19 Jan 2025 | RM 52.9b | RM 40.9b | RM 1.7b | 13.3x | 30.7x | 1.3x |
| Tue, 17 Dec 2024 | RM 54.5b | RM 40.7b | RM 1.7b | 13x | 31.8x | 1.3x |
| Thu, 14 Nov 2024 | RM 50.4b | RM 40.1b | RM 1.6b | 13x | 32x | 1.3x |
| Sat, 12 Oct 2024 | RM 53.1b | RM 40.2b | RM 1.6b | 12.6x | 34x | 1.3x |
| Mon, 09 Sep 2024 | RM 52.5b | RM 40.1b | RM 1.6b | 13.1x | 33.8x | 1.3x |
| Wed, 07 Aug 2024 | RM 51.8b | RM 39.8b | RM 1.4b | 13.3x | 37.9x | 1.3x |
| Fri, 05 Jul 2024 | RM 63.2b | RM 39.4b | RM 1.4b | 15.6x | 46.5x | 1.6x |
| Sun, 02 Jun 2024 | RM 60.3b | RM 38.5b | RM 1.2b | 14.8x | 50.4x | 1.6x |
| Tue, 30 Apr 2024 | RM 58.3b | RM 38.6b | RM 1.2b | 19x | 48.4x | 1.5x |
| Thu, 28 Mar 2024 | RM 52.0b | RM 38.4b | RM 1.2b | 20x | 43.5x | 1.4x |
| Sat, 24 Feb 2024 | RM 52.2b | RM 39.3b | RM 1.1b | 18x | 46.6x | 1.3x |
| Mon, 22 Jan 2024 | RM 52.3b | RM 39.2b | RM 1.1b | 11.9x | 47.4x | 1.3x |
| Wed, 20 Dec 2023 | RM 52.8b | RM 39.1b | RM 1.1b | 12.2x | 47.4x | 1.4x |
| Fri, 17 Nov 2023 | RM 54.1b | RM 40.0b | RM 874.9m | 16.2x | 61.9x | 1.4x |
| Sun, 15 Oct 2023 | RM 53.5b | RM 39.9b | RM 852.0m | 15.8x | 62.8x | 1.3x |
| Tue, 12 Sep 2023 | RM 55.0b | RM 39.9b | RM 843.8m | 16.4x | 65.2x | 1.4x |
| Thu, 10 Aug 2023 | RM 55.8b | RM 41.2b | RM 1.2b | 20.1x | 47.7x | 1.4x |
| Sat, 08 Jul 2023 | RM 52.3b | RM 41.3b | RM 1.2b | 23.1x | 44.3x | 1.3x |
| Mon, 05 Jun 2023 | RM 51.6b | RM 41.4b | RM 1.2b | 17.8x | 42.7x | 1.2x |
| Wed, 03 May 2023 | RM 55.9b | RM 43.0b | RM 1.6b | 10.5x | 34.5x | 1.3x |
| Fri, 31 Mar 2023 | RM 54.2b | RM 43.1b | RM 1.6b | 11.1x | 33.3x | 1.3x |
Price to Earnings Ratio
33.3x
Current Industry PE
- Investors are pessimistic on the Malaysian Metals and Mining 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 36.1x which is lower than its 3-year average PE of 39.3x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 8.7% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Malaysian Materials industry?
| MY Market | 0.36% | |
| Materials | 3.17% | |
| Metals and Mining | 1.54% | |
| Aluminum | 2.13% | |
| Steel | -1.07% | |
| Gold | -1.92% | |
| Diversified Metals and Mining | -6.76% | |
Industry PE
- Investors are most optimistic about the Aluminum industry, which is trading close to its 3-year average PE ratio of 29.4x.
- Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 19.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 21% per year.
- In contrast, the Aluminum 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 | |
|---|---|---|---|---|---|
| PMBTECH PMB Technology Berhad | RM 1.25 | 1.6% +RM 37.4m | -16.1% | PS2.7x | |
| PERSTIM Perusahaan Sadur Timah Malaysia (Perstima) Berhad | RM 1.54 | 4.8% +RM 9.0m | -23.8% | PS0.1x | |
| PANTECH Pantech Group Holdings Berhad | RM 0.64 | 1.6% +RM 8.3m | -14.2% | PE9.4x | |
| ARANK A-Rank Berhad | RM 0.42 | 10.4% +RM 7.2m | -6.6% | PE7.4x | |
| PRESTAR Prestar Resources Berhad | RM 0.31 | 5.1% +RM 5.3m | -20.5% | PE5.3x |
