Here's Why Shareholders May Want To Be Cautious With Increasing Malaysia Steel Works (KL) Bhd.'s (KLSE:MASTEEL) CEO Pay Packet
Jun 12
Malaysian (KLSE) Metals and Mining Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies36
- 7D-1.0%
- 3M19.3%
- 1Y10.7%
- YTD14.5%
Over the last 7 days, the Metals and Mining industry has dropped 1.0%, driven by Press Metal Aluminium Holdings Berhad declining 1.5%. In contrast, Ann Joo Resources Berhad has gained 9.5%. Over the past 12 months, the industry was up 11%. Earnings are forecast to grow by 15% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM62.4b | RM39.3b | RM1.3b | 17.1x | 47x | 1.6x |
| Mon, 13 May 2024 | RM58.2b | RM38.6b | RM1.2b | 20.3x | 48.4x | 1.5x |
| Wed, 10 Apr 2024 | RM56.7b | RM38.6b | RM1.2b | 19x | 47.3x | 1.5x |
| Fri, 08 Mar 2024 | RM50.6b | RM38.4b | RM1.2b | 19.3x | 42.3x | 1.3x |
| Sun, 04 Feb 2024 | RM51.1b | RM39.2b | RM1.1b | 11.9x | 46.3x | 1.3x |
| Tue, 02 Jan 2024 | RM52.8b | RM39.1b | RM1.1b | 12.1x | 47.4x | 1.4x |
| Thu, 30 Nov 2023 | RM53.2b | RM39.4b | RM1.1b | 12.8x | 48.7x | 1.4x |
| Sat, 28 Oct 2023 | RM53.5b | RM39.9b | RM849.4m | 15.3x | 63x | 1.3x |
| Mon, 25 Sep 2023 | RM53.8b | RM39.9b | RM843.8m | 15.9x | 63.8x | 1.3x |
| Wed, 23 Aug 2023 | RM55.0b | RM40.8b | RM1.1b | 19.3x | 49.1x | 1.3x |
| Fri, 21 Jul 2023 | RM54.3b | RM41.3b | RM1.2b | 23x | 46.1x | 1.3x |
| Sun, 18 Jun 2023 | RM54.2b | RM41.4b | RM1.2b | 18.4x | 45.3x | 1.3x |
| Tue, 16 May 2023 | RM52.6b | RM43.0b | RM1.6b | 10.5x | 32.6x | 1.2x |
| Thu, 13 Apr 2023 | RM56.0b | RM43.1b | RM1.6b | 11x | 34.4x | 1.3x |
| Sat, 11 Mar 2023 | RM54.5b | RM43.1b | RM1.6b | 10.8x | 33.1x | 1.3x |
| Mon, 06 Feb 2023 | RM59.0b | RM43.2b | RM2.9b | 6.4x | 20.5x | 1.4x |
| Wed, 04 Jan 2023 | RM53.6b | RM43.1b | RM2.9b | 6.2x | 18.8x | 1.2x |
| Fri, 02 Dec 2022 | RM53.0b | RM42.3b | RM3.3b | 5.3x | 16.1x | 1.3x |
| Sun, 30 Oct 2022 | RM47.7b | RM40.2b | RM3.5b | 5.5x | 13.8x | 1.2x |
| Tue, 27 Sep 2022 | RM44.7b | RM39.6b | RM3.5b | 5.3x | 12.9x | 1.1x |
| Thu, 25 Aug 2022 | RM50.0b | RM37.1b | RM3.4b | 4.8x | 14.7x | 1.3x |
| Sat, 23 Jul 2022 | RM46.6b | RM36.7b | RM3.3b | 5.2x | 13.9x | 1.3x |
| Mon, 20 Jun 2022 | RM49.6b | RM36.5b | RM3.4b | 5x | 14.7x | 1.4x |
| Wed, 18 May 2022 | RM57.6b | RM33.8b | RM3.2b | 6.2x | 18.1x | 1.7x |
| Fri, 15 Apr 2022 | RM69.1b | RM33.7b | RM3.2b | 6.7x | 21.5x | 2.1x |
| Sun, 13 Mar 2022 | RM66.5b | RM33.6b | RM3.2b | 6.3x | 20.7x | 2x |
| Tue, 08 Feb 2022 | RM64.2b | RM30.7b | RM2.5b | 7.3x | 25.2x | 2.1x |
| Thu, 06 Jan 2022 | RM58.0b | RM30.5b | RM2.5b | 6.3x | 23x | 1.9x |
| Sat, 04 Dec 2021 | RM54.0b | RM30.3b | RM2.5b | 6x | 22x | 1.8x |
| Mon, 01 Nov 2021 | RM57.5b | RM29.3b | RM2.0b | 8.1x | 28.8x | 2x |
| Wed, 29 Sep 2021 | RM58.3b | RM29.2b | RM1.8b | 8.6x | 32.8x | 2x |
| Fri, 27 Aug 2021 | RM54.1b | RM29.0b | RM1.7b | 8.8x | 31.9x | 1.9x |
| Sat, 03 Jul 2021 | RM48.4b | RM29.0b | RM1.7b | 8.1x | 28.6x | 1.7x |
Price to Earnings Ratio
28.6x
Current Industry PE
- Investors are optimistic on the Malaysian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 47.0x which is higher than its 3-year average PE of 32.6x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 7.8% per year 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Malaysian Materials industry?
| MY Market | 0.47% | |
| Materials | -0.17% | |
| Metals and Mining | -1.01% | |
| Steel | 2.80% | |
| Diversified Metals and Mining | 0.26% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Aluminum | -1.51% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 952x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| ANNJOO Ann Joo Resources Berhad | RM1.27 | 9.5% +RM61.8m | 19.8% | PE180.7x | |
| HIAPTEK Hiap Teck Venture Berhad | RM0.44 | 4.8% +RM34.8m | 37.5% | PE11x | |
| CSCSTEL CSC Steel Holdings Berhad | RM1.51 | 3.4% +RM18.5m | 29.1% | PE13.1x | |
| MINETEC Minetech Resources Berhad | RM0.15 | 6.9% +RM17.8m | 287.5% | PS2.2x | |
| LEFORM Leform Berhad | RM0.17 | 6.1% +RM14.8m | -18.6% | PS0.7x |
