Analysis Article • Jun 04

The Steel is pretty flat in the last 7 days, but Eonmetall Group Berhad has stood out, gaining 8.1%. As for the longer term, the industry has declined 4.0% in the last year. Looking forward, earnings are forecast to grow by 24% annually.
Has the Malaysian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | RM 5.1b | RM 17.9b | -RM 74,580,233.00 | 10.4x | -68x | 0.3x |
| Fri, 08 May 2026 | RM 5.3b | RM 17.8b | -RM 157,643,457.00 | 11.6x | -33.8x | 0.3x |
| Sun, 05 Apr 2026 | RM 5.1b | RM 17.3b | -RM 136,269,753.00 | 11.5x | -37.7x | 0.3x |
| Tue, 03 Mar 2026 | RM 5.1b | RM 17.3b | -RM 187,525,552.00 | 13.1x | -27.4x | 0.3x |
| Thu, 29 Jan 2026 | RM 5.2b | RM 17.8b | -RM 205,084,985.00 | 15.5x | -25.1x | 0.3x |
| Sat, 27 Dec 2025 | RM 5.1b | RM 17.7b | -RM 202,741,632.00 | 15.9x | -25.1x | 0.3x |
| Mon, 24 Nov 2025 | RM 5.2b | RM 17.8b | -RM 251,408,032.00 | 16.9x | -20.8x | 0.3x |
| Wed, 22 Oct 2025 | RM 5.3b | RM 17.9b | -RM 267,476,827.00 | 17.5x | -19.9x | 0.3x |
| Fri, 19 Sep 2025 | RM 5.3b | RM 18.0b | -RM 236,529,404.00 | 15.3x | -22.3x | 0.3x |
| Sun, 17 Aug 2025 | RM 5.4b | RM 18.2b | -RM 211,196,781.00 | 12.2x | -25.6x | 0.3x |
| Tue, 15 Jul 2025 | RM 5.2b | RM 18.2b | -RM 189,984,357.00 | 11.2x | -27.2x | 0.3x |
| Thu, 12 Jun 2025 | RM 5.2b | RM 18.3b | -RM 177,406,309.00 | 11.6x | -29.4x | 0.3x |
| Sat, 10 May 2025 | RM 5.5b | RM 18.9b | RM 3.3m | 11.5x | 1658.4x | 0.3x |
| Mon, 07 Apr 2025 | RM 5.3b | RM 19.4b | RM 9.7m | 11.5x | 547.1x | 0.3x |
| Wed, 05 Mar 2025 | RM 5.5b | RM 19.5b | RM 10.7m | 11.3x | 518.4x | 0.3x |
| Fri, 31 Jan 2025 | RM 5.5b | RM 18.8b | -RM 96,082,812.00 | 8.7x | -57.4x | 0.3x |
| Sun, 29 Dec 2024 | RM 5.2b | RM 18.7b | -RM 96,169,812.00 | 9x | -54.4x | 0.3x |
| Tue, 26 Nov 2024 | RM 5.3b | RM 18.7b | -RM 102,781,812.00 | 9.5x | -51.4x | 0.3x |
| Thu, 24 Oct 2024 | RM 5.2b | RM 18.7b | -RM 120,397,435.00 | 9.2x | -42.9x | 0.3x |
| Sat, 21 Sep 2024 | RM 5.4b | RM 18.8b | -RM 125,285,435.00 | 9.3x | -43.3x | 0.3x |
| Mon, 19 Aug 2024 | RM 5.7b | RM 18.6b | -RM 105,200,089.00 | 11.7x | -53.8x | 0.3x |
| Wed, 17 Jul 2024 | RM 6.0b | RM 18.4b | -RM 121,646,089.00 | 12.3x | -49.1x | 0.3x |
| Fri, 14 Jun 2024 | RM 5.9b | RM 18.3b | -RM 151,407,121.00 | 13.4x | -39x | 0.3x |
| Sun, 12 May 2024 | RM 5.7b | RM 18.2b | -RM 167,764,037.00 | 11x | -34x | 0.3x |
| Tue, 09 Apr 2024 | RM 5.7b | RM 18.1b | -RM 172,933,608.00 | 10.4x | -32.9x | 0.3x |
| Thu, 07 Mar 2024 | RM 5.4b | RM 18.0b | -RM 171,586,608.00 | 9.7x | -31.3x | 0.3x |
| Sat, 03 Feb 2024 | RM 5.4b | RM 18.3b | -RM 264,865,399.00 | 11.8x | -20.5x | 0.3x |
| Mon, 01 Jan 2024 | RM 6.1b | RM 18.3b | -RM 251,354,399.00 | 11.7x | -24.1x | 0.3x |
| Wed, 29 Nov 2023 | RM 5.9b | RM 18.3b | -RM 296,748,399.00 | 11.7x | -20x | 0.3x |
| Fri, 27 Oct 2023 | RM 5.8b | RM 18.4b | -RM 529,513,748.00 | 18.4x | -11x | 0.3x |
| Sun, 24 Sep 2023 | RM 6.0b | RM 18.3b | -RM 544,711,748.00 | 20.9x | -11x | 0.3x |
| Tue, 22 Aug 2023 | RM 5.6b | RM 18.9b | -RM 419,861,557.00 | 35.3x | -13.4x | 0.3x |
| Thu, 20 Jul 2023 | RM 5.4b | RM 19.0b | -RM 418,755,557.00 | 32.8x | -12.8x | 0.3x |
| Sat, 17 Jun 2023 | RM 5.2b | RM 19.1b | -RM 416,979,459.00 | 23.6x | -12.4x | 0.3x |
-12.4x
How does Malaysian Steel compare with similar industries?
| MY Market | -1.11% | |
| Materials | 1.12% | |
| Metals and Mining | -1.08% | |
| Steel | -0.80% | |
| Aluminum | -0.87% | |
| Diversified Metals and Mining | -5.66% | |
| Gold | -5.88% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EMETALL Eonmetall Group Berhad | RM 0.41 | 10.8% +RM 16.0m | 67.3% | PS1.2x | |
| LSTEEL Leader Steel Holdings Berhad | RM 0.43 | 16.2% +RM 9.3m | 21.1% | PS0.4x | |
| PGLOBAL Pantech Global Berhad | RM 0.47 | 2.2% +RM 8.5m | -13.6% | PE8.8x | |
| SMI South Malaysia Industries Berhad | RM 0.20 | 14.3% +RM 5.2m | -36.5% | PS1.4x | |
| CSCSTEL CSC Steel Holdings Berhad | RM 1.46 | 0.7% +RM 3.7m | 23.7% | PE7.7x |