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Malaysian (KLSE) Paper and Forestry Products Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies22
- 7D0.4%
- 3M-0.5%
- 1Y-18.4%
- YTD-16.5%
Over the last 7 days, the Paper and Forestry Products industry has dropped 2.4%, driven by a pullback from Mieco Chipboard Berhad of 8.9%. Meanwhile, Kanger International Berhad actually outperformed within the industry, gaining 14% in the last week. However, the industry is down 18% over the past year.
Industry Valuation and Performance
Has the Malaysian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | RM5.0b | RM6.5b | RM162.6m | 20.4x |
| Mon, 01 Nov 2021 | RM5.3b | RM6.5b | RM43.1m | 16.5x |
| Wed, 29 Sep 2021 | RM4.8b | RM6.4b | RM51.6m | 15.4x |
| Fri, 27 Aug 2021 | RM4.8b | RM6.3b | -RM70,128,909.00 | 17.6x |
| Sat, 03 Jul 2021 | RM4.6b | RM6.3b | -RM70,128,909.00 | 19.8x |
| Tue, 06 Apr 2021 | RM5.0b | RM5.8b | -RM207,154,743.00 | 18.8x |
| Fri, 08 Jan 2021 | RM5.5b | RM5.7b | -RM357,787,981.00 | 24.7x |
| Thu, 01 Oct 2020 | RM4.3b | RM5.8b | -RM404,836,666.00 | 17.7x |
| Sun, 05 Jul 2020 | RM3.4b | RM5.8b | -RM344,362,550.00 | 22.5x |
| Wed, 08 Apr 2020 | RM2.9b | RM6.1b | -RM440,390,084.00 | 12.3x |
| Tue, 31 Dec 2019 | RM5.1b | RM6.2b | -RM432,836,783.00 | 15.4x |
| Fri, 04 Oct 2019 | RM3.8b | RM6.3b | -RM421,039,743.00 | 14x |
| Mon, 08 Jul 2019 | RM4.1b | RM6.5b | -RM398,784,031.00 | 12.7x |
| Sun, 31 Mar 2019 | RM4.3b | RM6.8b | -RM182,381,659.00 | 14.9x |
| Wed, 02 Jan 2019 | RM4.2b | RM7.0b | -RM74,784,624.00 | 13.5x |
PE Ratio
13.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Forestry industry have grown 30% per year over the last three years, while revenues for these companies have declined 3.4% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Malaysian Paper and Forestry Products industry?
| Forestry Products | 0.38% | |
| Paper Products | 0.25% | |
Industry PE: Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 17.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Forestry Products industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 16.6x.
Forecasted Growth: Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 9.1% over the next 5 years. However this is lower than its past earnings growth rate of 39% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| KANGER Kanger International Berhad | 14.3%+RM29.9m | -77.1% | PS3.2x | |
| DOMINAN Dominant Enterprise Berhad | 17.6%+RM29.7m | 38.7% | PE9.1x | |
| TAANN Ta Ann Holdings Berhad | 1.8%+RM26.4m | 7.4% | PE7.3x | |
| EVERGRN Evergreen Fibreboard Berhad | 6.1%+RM21.1m | -2.2% | PS0.4x | |
| CSCENIC Classic Scenic Berhad | 1.5%+RM2.4m | 46.3% | PE27.5x |
