Is ASTEEL Group Berhad (KLSE:ASTEEL) A Risky Investment?
Dec 31
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Malaysian (KLSE) Steel Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies25
- 7D-0.007%
- 3M-4.5%
- 1Y-20.9%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.1%, driven by declines in Southern Steel Berhad and Malaysia Steel Works (KL) Bhd of 1.3% and 3.5%, respectively. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 10 Jan 2026 | RM 5.1b | RM 17.7b | -RM 202,741,632.00 | 15.9x | -25x | 0.3x |
| Mon, 08 Dec 2025 | RM 5.2b | RM 17.7b | -RM 211,535,632.00 | 16.3x | -24.4x | 0.3x |
| Wed, 05 Nov 2025 | RM 5.3b | RM 17.9b | -RM 273,644,827.00 | 17.2x | -19.3x | 0.3x |
| Fri, 03 Oct 2025 | RM 5.4b | RM 17.9b | -RM 264,349,404.00 | 18.3x | -20.3x | 0.3x |
| Sun, 31 Aug 2025 | RM 5.3b | RM 18.2b | -RM 216,348,339.00 | 15.1x | -24.6x | 0.3x |
| Tue, 29 Jul 2025 | RM 5.3b | RM 18.2b | -RM 189,984,357.00 | 10.9x | -28.1x | 0.3x |
| Thu, 26 Jun 2025 | RM 5.1b | RM 18.3b | -RM 177,406,309.00 | 11.5x | -28.8x | 0.3x |
| Sat, 24 May 2025 | RM 5.5b | RM 18.9b | -RM 2,617,783.00 | 11.6x | -2089x | 0.3x |
| Mon, 21 Apr 2025 | RM 5.2b | RM 19.4b | RM 9.7m | 10.6x | 538.6x | 0.3x |
| Wed, 19 Mar 2025 | RM 5.5b | RM 19.5b | RM 10.7m | 11.2x | 519.7x | 0.3x |
| Fri, 14 Feb 2025 | RM 5.7b | RM 18.9b | -RM 83,725,648.00 | 9.1x | -68.2x | 0.3x |
| Sun, 12 Jan 2025 | RM 5.2b | RM 18.7b | -RM 96,169,812.00 | 9x | -54.3x | 0.3x |
| Tue, 10 Dec 2024 | RM 5.2b | RM 18.8b | -RM 140,299,812.00 | 9.2x | -37x | 0.3x |
| Thu, 07 Nov 2024 | RM 5.3b | RM 18.7b | -RM 127,651,370.00 | 9.1x | -41.2x | 0.3x |
| Sat, 05 Oct 2024 | RM 5.3b | RM 18.7b | -RM 120,397,435.00 | 9.2x | -44.4x | 0.3x |
| Mon, 02 Sep 2024 | RM 5.5b | RM 18.8b | -RM 127,395,580.00 | 10.1x | -42.9x | 0.3x |
| Wed, 31 Jul 2024 | RM 6.1b | RM 18.6b | -RM 103,997,089.00 | 11.7x | -58.8x | 0.3x |
| Fri, 28 Jun 2024 | RM 5.8b | RM 18.3b | -RM 153,688,121.00 | 11.9x | -37.4x | 0.3x |
| Sun, 26 May 2024 | RM 5.9b | RM 18.1b | -RM 166,051,528.00 | 11.3x | -35.4x | 0.3x |
| Tue, 23 Apr 2024 | RM 5.6b | RM 18.1b | -RM 172,933,608.00 | 10.3x | -32.2x | 0.3x |
| Thu, 21 Mar 2024 | RM 5.5b | RM 18.0b | -RM 171,946,608.00 | 9.9x | -31.7x | 0.3x |
| Sat, 17 Feb 2024 | RM 5.5b | RM 18.3b | -RM 264,865,399.00 | 11.8x | -20.6x | 0.3x |
| Mon, 15 Jan 2024 | RM 6.2b | RM 18.3b | -RM 251,354,399.00 | 11.9x | -24.5x | 0.3x |
| Wed, 13 Dec 2023 | RM 5.9b | RM 18.3b | -RM 291,062,399.00 | 12.7x | -20.3x | 0.3x |
| Fri, 10 Nov 2023 | RM 5.8b | RM 18.4b | -RM 527,975,399.00 | 19x | -11x | 0.3x |
| Sun, 08 Oct 2023 | RM 5.9b | RM 18.4b | -RM 526,935,748.00 | 19.1x | -11.2x | 0.3x |
| Tue, 05 Sep 2023 | RM 6.1b | RM 18.3b | -RM 544,711,748.00 | 21.4x | -11.3x | 0.3x |
| Thu, 03 Aug 2023 | RM 5.4b | RM 19.0b | -RM 418,175,557.00 | 32.8x | -12.9x | 0.3x |
| Sat, 01 Jul 2023 | RM 5.1b | RM 19.0b | -RM 433,286,413.00 | 30.2x | -11.8x | 0.3x |
| Mon, 29 May 2023 | RM 5.2b | RM 19.4b | -RM 309,864,603.00 | 23.2x | -16.7x | 0.3x |
| Wed, 26 Apr 2023 | RM 5.4b | RM 19.6b | -RM 265,327,794.00 | 11.4x | -20.4x | 0.3x |
| Fri, 24 Mar 2023 | RM 5.3b | RM 19.6b | -RM 259,507,794.00 | 10.9x | -20.6x | 0.3x |
| Sun, 19 Feb 2023 | RM 6.0b | RM 20.2b | RM 849.4m | 6x | 7.1x | 0.3x |
| Tue, 17 Jan 2023 | RM 5.9b | RM 20.2b | RM 849.4m | 6x | 6.9x | 0.3x |
Price to Earnings Ratio
6.9x
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
- Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 4.3% per year, which is driving profits down.
Industry Comparison
How does Malaysian Steel compare with similar industries?
| MY Market | 1.81% | |
| Materials | 0.66% | |
| Metals and Mining | 2.53% | |
| Steel | -0.0068% | |
| Diversified Metals and Mining | 13.24% | |
| Gold | 2.59% | |
| Aluminum | 2.31% | |
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 | |
|---|---|---|---|---|---|
| PANTECH Pantech Group Holdings Berhad | RM 0.62 | 1.6% +RM 8.3m | -33.0% | PE8.5x | |
| LEFORM Leform Berhad | RM 0.17 | 2.9% +RM 7.4m | 29.6% | PE90.7x | |
| BWYS BWYS Group Berhad | RM 0.22 | 2.3% +RM 5.1m | -2.2% | PE17.4x | |
| ANNJOO Ann Joo Resources Berhad | RM 0.58 | 0.9% +RM 3.5m | -32.2% | PS0.2x | |
| ASTEEL ASTEEL Group Berhad | RM 0.075 | 7.1% +RM 2.4m | 7.1% | PE37.7x |
