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Malaysian (KLSE) Steel Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies25
  • 7D1.5%
  • 3M2.1%
  • 1Y0.9%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 1.5%, driven by gains in Eonmetall Group Berhad and Hiap Teck Venture Berhad of 26% and 5.5%, respectively. During this same period, the Leform Berhad underperformed, falling 5.9%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026RM 5.2bRM 17.3b-RM 136,269,753.0011x-38.2x0.3x
Thu, 12 Mar 2026RM 5.0bRM 17.3b-RM 184,610,753.0010.9x-26.8x0.3x
Sat, 07 Feb 2026RM 5.1bRM 17.7b-RM 209,817,685.0014.9x-24.1x0.3x
Mon, 05 Jan 2026RM 5.1bRM 17.7b-RM 202,741,632.0016.2x-25x0.3x
Wed, 03 Dec 2025RM 5.2bRM 17.8b-RM 199,376,032.0014.8x-25.9x0.3x
Fri, 31 Oct 2025RM 5.3bRM 17.9b-RM 273,644,827.0017.7x-19.4x0.3x
Sun, 28 Sep 2025RM 5.3bRM 17.9b-RM 264,349,404.0016.6x-20.2x0.3x
Tue, 26 Aug 2025RM 5.4bRM 18.2b-RM 207,950,781.0012x-26.1x0.3x
Thu, 24 Jul 2025RM 5.4bRM 18.2b-RM 189,984,357.0011.1x-28.2x0.3x
Sat, 21 Jun 2025RM 5.1bRM 18.3b-RM 177,406,309.0010.7x-28.8x0.3x
Mon, 19 May 2025RM 5.7bRM 18.9bRM 5.0m11.7x1120.8x0.3x
Wed, 16 Apr 2025RM 5.2bRM 19.4bRM 9.7m10.4x534x0.3x
Fri, 14 Mar 2025RM 5.5bRM 19.5bRM 10.7m11.1x512.9x0.3x
Sun, 09 Feb 2025RM 5.6bRM 18.9b-RM 83,725,648.008.8x-66.4x0.3x
Tue, 07 Jan 2025RM 5.3bRM 18.7b-RM 96,169,812.009.4x-55.2x0.3x
Thu, 05 Dec 2024RM 5.2bRM 18.8b-RM 140,299,812.009.6x-37.1x0.3x
Sat, 02 Nov 2024RM 5.2bRM 18.7b-RM 128,079,435.009.3x-40.3x0.3x
Mon, 30 Sep 2024RM 5.4bRM 18.7b-RM 120,397,435.009.1x-44.6x0.3x
Wed, 28 Aug 2024RM 5.5bRM 18.7b-RM 119,478,089.0013x-46.2x0.3x
Fri, 26 Jul 2024RM 5.9bRM 18.4b-RM 121,646,089.0011.9x-48.3x0.3x
Sun, 23 Jun 2024RM 5.9bRM 18.3b-RM 153,688,121.0012.1x-38.3x0.3x
Tue, 21 May 2024RM 5.9bRM 18.1b-RM 171,049,486.0011.3x-34.6x0.3x
Thu, 18 Apr 2024RM 5.7bRM 18.1b-RM 172,933,608.0010.3x-32.7x0.3x
Sat, 16 Mar 2024RM 5.4bRM 18.0b-RM 171,946,608.0010.1x-31.6x0.3x
Mon, 12 Feb 2024RM 5.5bRM 18.3b-RM 264,865,399.0011.5x-20.6x0.3x
Wed, 10 Jan 2024RM 6.2bRM 18.3b-RM 251,354,399.0012.1x-24.6x0.3x
Fri, 08 Dec 2023RM 5.9bRM 18.3b-RM 291,062,399.0012.7x-20.3x0.3x
Sun, 05 Nov 2023RM 5.8bRM 18.4b-RM 528,099,966.0018.3x-11x0.3x
Tue, 03 Oct 2023RM 6.0bRM 18.4b-RM 526,935,748.0019x-11.3x0.3x
Thu, 31 Aug 2023RM 5.9bRM 18.3b-RM 529,349,631.0020.5x-11.1x0.3x
Sat, 29 Jul 2023RM 5.5bRM 19.0b-RM 418,175,557.0033.3x-13.1x0.3x
Mon, 26 Jun 2023RM 5.2bRM 19.1b-RM 416,979,459.0022.6x-12.4x0.3x
Wed, 24 May 2023RM 5.3bRM 19.5b-RM 268,417,603.0015.2x-19.6x0.3x
Fri, 21 Apr 2023RM 5.5bRM 19.6b-RM 265,327,794.0011.1x-20.6x0.3x
Price to Earnings Ratio

-20.6x


Total Market Cap: RM 5.5bTotal Earnings: -RM 265,327,794.00Total Revenue: RM 19.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Steel Industry Price to Earnings3Y Average 17.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Malaysian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.30x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 4.0% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Comparison

How does Malaysian Steel compare with similar industries?

MY Market0.58%
Materials2.14%
Metals and Mining1.45%
Steel1.47%
Diversified Metals and Mining1.66%
Aluminum1.46%
Gold0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EMETALL Eonmetall Group BerhadRM 0.3425.9%
+RM 27.7m		23.6%PS0.9x
HIAPTEK Hiap Teck Venture BerhadRM 0.295.5%
+RM 26.1m		5.5%PE3x
MASTEEL Malaysia Steel Works (KL) BhdRM 0.287.7%
+RM 14.9m		21.7%PE24.1x
PGLOBAL Pantech Global BerhadRM 0.482.1%
+RM 8.5m		-5.8%PE7.6x
MYCRON Mycron Steel BerhadRM 0.2710.4%
+RM 8.2m		-1.9%PE10.9x

Latest News

LEONFB
RM 0.36
Leon Fuat Berhad
7D
-4.0%
1Y
-2.7%
HIAPTEK
RM 0.29
Hiap Teck Venture Berhad
7D
5.5%
1Y
5.5%
LEFORM
RM 0.16
Leform Berhad
7D
-5.9%
1Y
6.7%
LSTEEL
RM 0.40
Leader Steel Holdings Berhad
7D
-2.4%
1Y
17.6%
MESTRON
RM 0.14
Mestron Holdings Berhad
7D
-3.6%
1Y
-42.6%
PANTECH
RM 0.66
Pantech Group Holdings Berhad
7D
0.8%
1Y
-9.0%
PRESTAR
RM 0.30
Prestar Resources Berhad
7D
-3.2%
1Y
-14.3%
LIONIND
RM 0.14
Lion Industries Corporation Berhad
7D
-6.5%
1Y
-14.7%
EMETALL
RM 0.34
Eonmetall Group Berhad
7D
25.9%
1Y
23.6%
COLFORM
RM 0.25
Colform Group Berhad
7D
-3.8%
1Y
-19.4%
LYSAGHT
RM 2.32
Lysaght Galvanized Steel Berhad
7D
4.0%
1Y
-6.8%
MYCRON
RM 0.27
Mycron Steel Berhad
7D
10.4%
1Y
-1.9%
MELEWAR
RM 0.14
Melewar Industrial Group Berhad
7D
7.7%
1Y
-9.7%
SSTEEL
RM 0.40
Southern Steel Berhad
7D
-2.4%
1Y
25.0%

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 0.48
Pantech Global Berhad
7D
2.1%
1Y
-5.8%

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

Jan 30
Estimating The Fair Value Of Pantech Global Berhad (KLSE:PGLOBAL)
MASTEEL
RM 0.28
Malaysia Steel Works (KL) Bhd
7D
7.7%
1Y
21.7%

Malaysia Steel Works (KL) Bhd's (KLSE:MASTEEL) Returns On Capital Are Heading Higher

Dec 31
Malaysia Steel Works (KL) Bhd's (KLSE:MASTEEL) Returns On Capital Are Heading Higher