Malaysian (KLSE) Steel Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies22
- 7D-2.2%
- 3M14.2%
- 1Y27.1%
- YTD8.0%
The Steel is pretty flat in the last 7 days, but Mayu Global Group Berhad has stood out, gaining 8.2%. As for the the longer term, the industry is up 26% over the past 12 months. Looking forward, earnings are forecast to grow by 50% annually.
Industry Valuation and Performance
Has the Malaysian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | RM6.0b | RM18.4b | -RM526,935,748.00 | 19x | -11.3x | 0.3x |
| Thu, 31 Aug 2023 | RM5.9b | RM18.3b | -RM529,349,631.00 | 20.5x | -11.1x | 0.3x |
| Sat, 29 Jul 2023 | RM5.5b | RM19.0b | -RM418,175,557.00 | 33.3x | -13.1x | 0.3x |
| Mon, 26 Jun 2023 | RM5.2b | RM19.1b | -RM416,979,459.00 | 22.6x | -12.4x | 0.3x |
| Wed, 24 May 2023 | RM5.3b | RM19.5b | -RM268,417,603.00 | 15.2x | -19.6x | 0.3x |
| Fri, 21 Apr 2023 | RM5.5b | RM19.6b | -RM265,327,794.00 | 11.1x | -20.6x | 0.3x |
| Sun, 19 Mar 2023 | RM5.4b | RM19.6b | -RM259,507,794.00 | 10.9x | -20.6x | 0.3x |
| Tue, 14 Feb 2023 | RM6.0b | RM20.2b | RM849.4m | 6.1x | 7x | 0.3x |
| Thu, 12 Jan 2023 | RM5.8b | RM20.1b | RM835.1m | 6.4x | 6.9x | 0.3x |
| Sat, 10 Dec 2022 | RM5.4b | RM20.2b | RM955.3m | 5.5x | 5.7x | 0.3x |
| Mon, 07 Nov 2022 | RM4.5b | RM18.9b | RM1.4b | 3.7x | 3.2x | 0.2x |
| Wed, 05 Oct 2022 | RM4.4b | RM18.8b | RM1.4b | 4x | 3.1x | 0.2x |
| Fri, 02 Sep 2022 | RM4.8b | RM18.5b | RM1.5b | 4.2x | 3.3x | 0.3x |
| Sun, 31 Jul 2022 | RM5.0b | RM17.6b | RM1.6b | 3.7x | 3.1x | 0.3x |
| Tue, 28 Jun 2022 | RM4.8b | RM17.4b | RM1.6b | 3.6x | 3x | 0.3x |
| Thu, 26 May 2022 | RM5.8b | RM17.1b | RM1.7b | 3.3x | 3.4x | 0.3x |
| Sat, 23 Apr 2022 | RM6.5b | RM16.9b | RM1.7b | 3.7x | 3.8x | 0.4x |
| Mon, 21 Mar 2022 | RM5.9b | RM17.0b | RM1.7b | 3.6x | 3.4x | 0.3x |
| Wed, 16 Feb 2022 | RM6.2b | RM15.9b | RM1.3b | 5.2x | 4.6x | 0.4x |
| Fri, 14 Jan 2022 | RM6.2b | RM15.9b | RM1.3b | 5.2x | 4.6x | 0.4x |
| Sun, 12 Dec 2021 | RM5.6b | RM15.7b | RM1.3b | 5.1x | 4.4x | 0.4x |
| Tue, 09 Nov 2021 | RM6.5b | RM16.0b | RM1.0b | 6.5x | 6.3x | 0.4x |
| Thu, 07 Oct 2021 | RM6.5b | RM16.0b | RM1.0b | 6.2x | 6.4x | 0.4x |
| Sat, 04 Sep 2021 | RM7.2b | RM15.7b | RM703.0m | 8.2x | 10.3x | 0.5x |
| Mon, 02 Aug 2021 | RM6.3b | RM15.7b | RM703.0m | 7.5x | 8.9x | 0.4x |
| Thu, 06 May 2021 | RM7.7b | RM14.6b | RM389.2m | 14x | 19.7x | 0.5x |
| Sun, 07 Feb 2021 | RM4.9b | RM13.4b | -RM72,732,616.00 | 12.4x | -67.1x | 0.4x |
| Sat, 31 Oct 2020 | RM2.8b | RM13.4b | -RM523,303,164.00 | 17x | -5.3x | 0.2x |
Price to Earnings Ratio
-5.2x
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 0.34x.
Past Earnings Growth
- Losses for companies in the Steel industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, losses haven't seen much improvement.
Industry Comparison
How does Malaysian Steel compare with similar industries?
| MY Market | -1.50% | |
| Materials | -1.98% | |
| Metals and Mining | -0.93% | |
| Steel | -2.17% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Aluminum | -0.73% | |
| Diversified Metals and Mining | -1.79% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAYU Mayu Global Group Berhad | RM0.33 | 8.2% +RM11.1m | 15.8% | PE10.1x |