Investor Optimism Abounds Bright Packaging Industry Berhad (KLSE:BRIGHT) But Growth Is Lacking
Jan 18
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Malaysian (KLSE) Metal and Glass Containers Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies7
- 7D-1.0%
- 3M-3.6%
- 1Y9.9%
- YTDn/a
Over the last 7 days, the Metal and Glass Containers industry has dropped 1.2%, driven by a pullback from Can-One Berhad of 3.4%. Meanwhile, Bright Packaging Industry Berhad actually outperformed within the industry, gaining 16% in the last week. This takes the industry's 12 month performance to a gain of 8.2%. As for the next few years, earnings are expected to grow by 37% per annum.
Industry Valuation and Performance
Has the Malaysian Metal and Glass Containers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | RM 2.2b | RM 4.5b | RM 27.3m | 24.5x | 80.6x | 0.5x |
| Thu, 19 Dec 2024 | RM 2.3b | RM 4.5b | RM 30.5m | 22.8x | 74.9x | 0.5x |
| Sat, 16 Nov 2024 | RM 2.3b | RM 4.5b | RM 108.8m | 20.5x | 21x | 0.5x |
| Mon, 14 Oct 2024 | RM 1.8b | RM 4.3b | RM 88.8m | 16.8x | 20.1x | 0.4x |
| Wed, 11 Sep 2024 | RM 1.8b | RM 4.3b | RM 81.9m | 19.4x | 21.5x | 0.4x |
| Fri, 09 Aug 2024 | RM 1.8b | RM 4.2b | RM 89.8m | 19.3x | 20.3x | 0.4x |
| Sun, 07 Jul 2024 | RM 1.9b | RM 4.2b | RM 90.8m | 19.9x | 20.5x | 0.4x |
| Tue, 04 Jun 2024 | RM 1.9b | RM 4.2b | RM 72.8m | 23.4x | 26.3x | 0.5x |
| Thu, 02 May 2024 | RM 1.9b | RM 4.2b | RM 67.5m | 21.9x | 28.1x | 0.5x |
| Sat, 30 Mar 2024 | RM 1.8b | RM 4.2b | RM 67.2m | 21.4x | 26.4x | 0.4x |
| Mon, 26 Feb 2024 | RM 1.6b | RM 4.2b | RM 72.6m | 19.4x | 22.5x | 0.4x |
| Wed, 24 Jan 2024 | RM 1.5b | RM 4.2b | RM 21.5m | 23.7x | 71.4x | 0.4x |
| Fri, 22 Dec 2023 | RM 1.5b | RM 4.2b | RM 21.5m | 23.8x | 69.7x | 0.4x |
| Sun, 19 Nov 2023 | RM 1.6b | RM 4.3b | RM 68.4m | 21x | 22.8x | 0.4x |
| Tue, 17 Oct 2023 | RM 1.6b | RM 4.3b | RM 74.6m | 19.9x | 21.5x | 0.4x |
| Thu, 14 Sep 2023 | RM 1.6b | RM 4.3b | RM 74.3m | 21x | 21.5x | 0.4x |
| Sat, 12 Aug 2023 | RM 1.6b | RM 4.4b | RM 102.8m | 16.4x | 15.7x | 0.4x |
| Mon, 10 Jul 2023 | RM 1.6b | RM 4.4b | RM 101.2m | 17x | 16.1x | 0.4x |
| Wed, 07 Jun 2023 | RM 1.1b | RM 1.2b | RM 51.0m | 22.4x | 21.9x | 0.9x |
| Fri, 05 May 2023 | RM 1.1b | RM 1.2b | RM 54.6m | 16.4x | 20.5x | 0.9x |
| Sun, 02 Apr 2023 | RM 1.1b | RM 1.2b | RM 55.4m | 16.7x | 20.4x | 0.9x |
| Tue, 28 Feb 2023 | RM 1.3b | RM 1.2b | RM 53.9m | 21.1x | 23.9x | 1x |
| Thu, 26 Jan 2023 | RM 1.2b | RM 1.2b | RM 55.3m | 18.4x | 21.1x | 1x |
| Sat, 24 Dec 2022 | RM 1.2b | RM 1.2b | RM 52.8m | 19.5x | 22x | 1x |
| Mon, 21 Nov 2022 | RM 1.0b | RM 1.2b | RM 54.6m | 18.1x | 19.2x | 0.9x |
| Wed, 19 Oct 2022 | RM 966.6m | RM 1.2b | RM 56.2m | 19.4x | 17.2x | 0.8x |
| Fri, 16 Sep 2022 | RM 997.6m | RM 1.1b | RM 53.1m | 19.8x | 18.8x | 0.9x |
| Sun, 14 Aug 2022 | RM 941.0m | RM 1.1b | RM 53.8m | 19.2x | 17.5x | 0.9x |
| Tue, 12 Jul 2022 | RM 952.0m | RM 1.0b | RM 54.5m | 17.7x | 17.5x | 0.9x |
| Thu, 09 Jun 2022 | RM 987.7m | RM 1.0b | RM 53.8m | 18.1x | 18.3x | 1x |
| Sat, 07 May 2022 | RM 1.0b | RM 1.0b | RM 54.2m | 24.6x | 18.9x | 1x |
| Mon, 04 Apr 2022 | RM 1.1b | RM 1.0b | RM 54.1m | 25.8x | 19.8x | 1x |
| Wed, 02 Mar 2022 | RM 1.1b | RM 1.0b | RM 57.7m | 23.6x | 18.6x | 1.1x |
| Fri, 28 Jan 2022 | RM 1.0b | RM 1.0b | RM 56.4m | 22.9x | 18.3x | 1x |
Price to Earnings Ratio
18.3x
Current Industry PE
- Investors are optimistic on the Malaysian Metal and Glass Containers industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 80.5x which is higher than its 3-year average PE of 27.3x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Metal and Glass Containers industry have declined 21% per year over the last three years.
- Meanwhile revenues for these companies have grown 64% 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 Comparison
How does Malaysian Metal and Glass Containers compare with similar industries?
| MY Market | -0.74% | |
| Materials | 1.78% | |
| Packaging | -0.66% | |
| Metal and Glass Containers | -0.98% | |
| Paper Packaging | -0.43% | |
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 | |
|---|---|---|---|---|---|
| BRIGHT Bright Packaging Industry Berhad | RM 0.19 | 2.7% +RM 1.0m | -15.6% | PE15.2x |