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Malaysian (KLSE) Packaging Industry Analysis
UpdatedNov 24, 2025
DataAggregated Company Financials
Companies24
- 7D0.2%
- 3M1.8%
- 1Y-14.1%
- YTD-15.1%
Over the last 7 days, the Packaging industry has remained flat, although notably Muda Holdings Berhad declined by 3.8%. Unfortunately though, the industry is down 14% over the past 12 months. As for the next few years, earnings are expected to grow by 28% per annum.
Industry Valuation and Performance
Has the Malaysian Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Nov 2025 | RM 4.6b | RM 10.3b | RM 124.7m | 19.6x | 37.1x | 0.5x |
| Mon, 27 Oct 2025 | RM 4.7b | RM 10.2b | -RM 2,086,718.00 | 18.9x | -2275.3x | 0.5x |
| Wed, 24 Sep 2025 | RM 4.8b | RM 10.4b | RM 6.3m | 18.3x | 757.7x | 0.5x |
| Fri, 22 Aug 2025 | RM 4.8b | RM 10.4b | RM 80.8m | 17.7x | 59x | 0.5x |
| Sun, 20 Jul 2025 | RM 4.7b | RM 10.4b | RM 93.2m | 14.9x | 50.5x | 0.5x |
| Tue, 17 Jun 2025 | RM 4.7b | RM 10.3b | RM 83.0m | 15.8x | 56.6x | 0.5x |
| Thu, 15 May 2025 | RM 5.0b | RM 10.4b | RM 144.3m | 13.4x | 34.7x | 0.5x |
| Sat, 12 Apr 2025 | RM 4.7b | RM 10.4b | RM 146.5m | 12.8x | 31.9x | 0.4x |
| Mon, 10 Mar 2025 | RM 4.9b | RM 10.4b | RM 148.2m | 14x | 32.8x | 0.5x |
| Wed, 05 Feb 2025 | RM 5.4b | RM 10.4b | RM 206.5m | 13.7x | 26.2x | 0.5x |
| Fri, 03 Jan 2025 | RM 5.4b | RM 10.4b | RM 205.5m | 15.5x | 26.5x | 0.5x |
| Sun, 01 Dec 2024 | RM 5.4b | RM 10.4b | RM 208.7m | 13.7x | 26x | 0.5x |
| Tue, 29 Oct 2024 | RM 5.0b | RM 10.1b | RM 299.0m | 12.7x | 16.8x | 0.5x |
| Thu, 26 Sep 2024 | RM 5.2b | RM 10.1b | RM 301.0m | 12.5x | 17.2x | 0.5x |
| Sat, 24 Aug 2024 | RM 5.3b | RM 10.0b | RM 307.6m | 12.9x | 17.1x | 0.5x |
| Mon, 22 Jul 2024 | RM 6.0b | RM 10.1b | RM 318.4m | 13.9x | 18.7x | 0.6x |
| Wed, 19 Jun 2024 | RM 5.9b | RM 10.0b | RM 319.0m | 14.7x | 18.6x | 0.6x |
| Fri, 17 May 2024 | RM 6.0b | RM 9.9b | RM 360.0m | 13.8x | 16.8x | 0.6x |
| Sun, 14 Apr 2024 | RM 5.6b | RM 9.8b | RM 353.5m | 12x | 15.7x | 0.6x |
| Tue, 12 Mar 2024 | RM 5.4b | RM 9.9b | RM 363.5m | 11.6x | 14.9x | 0.5x |
| Thu, 08 Feb 2024 | RM 5.0b | RM 9.9b | RM 271.8m | 11.6x | 18.5x | 0.5x |
| Sat, 06 Jan 2024 | RM 5.2b | RM 9.9b | RM 273.0m | 11.9x | 18.9x | 0.5x |
| Mon, 04 Dec 2023 | RM 5.0b | RM 9.9b | RM 279.5m | 11.6x | 17.9x | 0.5x |
| Wed, 01 Nov 2023 | RM 5.0b | RM 10.1b | RM 340.8m | 13.4x | 14.7x | 0.5x |
| Fri, 29 Sep 2023 | RM 5.3b | RM 10.1b | RM 665.2m | 13.4x | 8x | 0.5x |
| Sun, 27 Aug 2023 | RM 5.3b | RM 10.2b | RM 500.1m | 12.1x | 10.6x | 0.5x |
| Tue, 25 Jul 2023 | RM 5.4b | RM 10.5b | RM 549.7m | 11.1x | 9.7x | 0.5x |
| Thu, 22 Jun 2023 | RM 4.5b | RM 7.3b | RM 492.9m | 11.1x | 9.2x | 0.6x |
| Sat, 20 May 2023 | RM 4.5b | RM 7.4b | RM 534.3m | 11.1x | 8.5x | 0.6x |
| Mon, 17 Apr 2023 | RM 4.7b | RM 7.5b | RM 541.4m | 11.2x | 8.7x | 0.6x |
| Wed, 15 Mar 2023 | RM 4.8b | RM 7.5b | RM 536.3m | 12.6x | 9x | 0.6x |
| Fri, 10 Feb 2023 | RM 5.2b | RM 7.6b | RM 466.6m | 11x | 11.1x | 0.7x |
| Sun, 08 Jan 2023 | RM 4.9b | RM 7.5b | RM 454.5m | 10.6x | 10.7x | 0.6x |
| Tue, 06 Dec 2022 | RM 4.7b | RM 7.6b | RM 169.8m | 9.8x | 27.4x | 0.6x |
Price to Earnings Ratio
27.4x
Current Industry PE
- Investors are optimistic on the Malaysian Packaging industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.1x which is higher than its 3-year average PE of 31.9x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have declined 9.8% 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 | -0.92% | |
| Materials | -0.21% | |
| Packaging | 0.17% | |
| Metal and Glass Containers | 0.60% | |
| Paper Packaging | -0.063% | |
Industry PE
- Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 31.0x.
- Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings decline of 26.4% per year.
- Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 44.3x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 28% 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 | |
|---|---|---|---|---|---|
| MUDA Muda Holdings Berhad | RM 0.88 | 12.8% +RM 30.5m | -24.1% | PS0.2x | |
| TGUAN Thong Guan Industries Berhad | RM 1.18 | 3.5% +RM 15.8m | -22.4% | PE8.4x | |
| SCIPACK Scientex Packaging (Ayer Keroh) Berhad | RM 1.44 | 1.4% +RM 7.0m | -24.2% | PE18.8x | |
| RALCO Ralco Corporation Berhad | RM 0.77 | 16.8% +RM 5.6m | n/a | PS1.1x | |
| DNONCE D'nonce Technology Bhd | RM 0.035 | 16.7% +RM 4.3m | -30.0% | PS0.1x |
