Returns At Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) Appear To Be Weighed Down
Sep 17
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Malaysian (KLSE) Metals and Mining Industry Analysis
UpdatedSep 17, 2024
DataAggregated Company Financials
Companies37
- 7D2.3%
- 3M-17.4%
- 1Y-4.9%
- YTD-4.4%
Over the last 7 days, the Metals and Mining industry has remained flat, although notably Mestron Holdings Berhad declined by 5.4%. Unfortunately though, the industry is down 6.4% over the past 12 months. Looking forward, earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Tue, 17 Sep 2024 | RM 52.8b | RM 40.1b | RM 1.6b | 12.7x | 33.9x | 1.3x |
| Thu, 15 Aug 2024 | RM 54.2b | RM 39.8b | RM 1.4b | 13.8x | 39.7x | 1.4x |
| Sat, 13 Jul 2024 | RM 63.3b | RM 39.4b | RM 1.4b | 15.7x | 46.6x | 1.6x |
| Mon, 10 Jun 2024 | RM 63.1b | RM 39.3b | RM 1.3b | 16.7x | 47.5x | 1.6x |
| Wed, 08 May 2024 | RM 58.5b | RM 38.6b | RM 1.2b | 19.3x | 48.6x | 1.5x |
| Fri, 05 Apr 2024 | RM 56.5b | RM 38.6b | RM 1.2b | 19x | 47.2x | 1.5x |
| Sun, 03 Mar 2024 | RM 52.0b | RM 38.4b | RM 1.2b | 19.3x | 43.4x | 1.4x |
| Tue, 30 Jan 2024 | RM 52.8b | RM 39.2b | RM 1.1b | 12.5x | 47.9x | 1.3x |
| Thu, 28 Dec 2023 | RM 52.4b | RM 39.1b | RM 1.1b | 12.4x | 47x | 1.3x |
| Sat, 25 Nov 2023 | RM 53.7b | RM 39.9b | RM 921.3m | 13.7x | 58.3x | 1.3x |
| Mon, 23 Oct 2023 | RM 53.5b | RM 39.9b | RM 849.4m | 15.5x | 63x | 1.3x |
| Wed, 20 Sep 2023 | RM 53.9b | RM 39.9b | RM 843.8m | 15.9x | 63.9x | 1.4x |
| Fri, 18 Aug 2023 | RM 54.5b | RM 41.0b | RM 1.1b | 22x | 48.3x | 1.3x |
| Sun, 16 Jul 2023 | RM 54.8b | RM 41.3b | RM 1.2b | 23.2x | 46.4x | 1.3x |
| Tue, 13 Jun 2023 | RM 51.2b | RM 41.4b | RM 1.2b | 18.4x | 42.7x | 1.2x |
| Thu, 11 May 2023 | RM 53.5b | RM 43.0b | RM 1.6b | 10.6x | 33.1x | 1.2x |
| Sat, 08 Apr 2023 | RM 54.6b | RM 43.1b | RM 1.6b | 10.9x | 33.5x | 1.3x |
| Mon, 06 Mar 2023 | RM 56.2b | RM 43.1b | RM 1.6b | 11.2x | 34.2x | 1.3x |
| Wed, 01 Feb 2023 | RM 57.1b | RM 43.2b | RM 2.9b | 6.5x | 19.9x | 1.3x |
| Fri, 30 Dec 2022 | RM 53.5b | RM 43.1b | RM 2.9b | 6.3x | 18.7x | 1.2x |
| Sun, 27 Nov 2022 | RM 52.7b | RM 41.0b | RM 3.2b | 5.3x | 16.4x | 1.3x |
| Tue, 25 Oct 2022 | RM 48.2b | RM 40.2b | RM 3.5b | 5.2x | 13.9x | 1.2x |
| Thu, 22 Sep 2022 | RM 46.2b | RM 39.6b | RM 3.5b | 5.3x | 13.3x | 1.2x |
| Sat, 20 Aug 2022 | RM 51.4b | RM 36.9b | RM 3.4b | 4.9x | 15.1x | 1.4x |
| Mon, 18 Jul 2022 | RM 42.6b | RM 36.7b | RM 3.3b | 5.1x | 12.7x | 1.2x |
| Wed, 15 Jun 2022 | RM 52.4b | RM 36.5b | RM 3.4b | 5.3x | 15.5x | 1.4x |
| Fri, 13 May 2022 | RM 55.1b | RM 33.8b | RM 3.2b | 6.2x | 17.3x | 1.6x |
| Sun, 10 Apr 2022 | RM 67.1b | RM 33.7b | RM 3.2b | 6.7x | 20.9x | 2x |
| Tue, 08 Mar 2022 | RM 71.2b | RM 33.6b | RM 3.2b | 6.4x | 22.2x | 2.1x |
| Thu, 03 Feb 2022 | RM 62.4b | RM 30.7b | RM 2.5b | 7x | 24.6x | 2x |
| Sat, 01 Jan 2022 | RM 58.3b | RM 30.5b | RM 2.5b | 6.1x | 23.1x | 1.9x |
| Mon, 29 Nov 2021 | RM 56.6b | RM 30.3b | RM 2.3b | 6.9x | 24.5x | 1.9x |
| Wed, 27 Oct 2021 | RM 59.6b | RM 29.4b | RM 2.0b | 7.8x | 29.9x | 2x |
| Fri, 24 Sep 2021 | RM 58.0b | RM 29.2b | RM 1.8b | 8.7x | 32.7x | 2x |
Price to Earnings Ratio
32.7x
Current Industry PE
- Investors are relatively neutral on the Malaysian Metals and Mining 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 PE ratio of 33.5x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 4.3% 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 | 0.55% | |
| Materials | 1.10% | |
| Metals and Mining | 2.30% | |
| Aluminum | 2.69% | |
| Steel | 0.94% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -0.94% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 1kx.
- 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 44% 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 12% 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 | |
|---|---|---|---|---|---|
| PMETAL Press Metal Aluminium Holdings Berhad | RM 4.78 | 2.1% +RM 824.0m | -2.4% | PE25.6x | |
| PMBTECH PMB Technology Berhad | RM 2.40 | 9.1% +RM 320.1m | -24.8% | PE101.3x | |
| HIAPTEK Hiap Teck Venture Berhad | RM 0.33 | 4.8% +RM 26.1m | -27.0% | PE5.6x | |
| MAYU Mayu Global Group Berhad | RM 0.33 | 13.8% +RM 19.3m | 10.0% | PE11.1x | |
| BWYS BWYS Group Berhad | RM 0.26 | 6.1% +RM 15.4m | n/a | PE15.1x |
