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Malaysian (KLSE) Forestry Products Industry Analysis
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies20
- 7D-1.2%
- 3M8.2%
- 1Y26.3%
- YTD28.6%
Over the last 7 days, the Forestry Products industry has dropped 1.2%, driven by declines in Ta Ann Holdings Berhad and Subur Tiasa Holdings Berhad of 2.3% and 14%, respectively. In contrast, HeveaBoard Berhad has gained 7.6%. In the past year, the industry has gained 26%. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Malaysian Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 22 May 2022 | RM6.6b | RM6.9b | RM407.5m | 11.7x |
| Tue, 19 Apr 2022 | RM7.2b | RM6.8b | RM404.5m | 9.8x |
| Thu, 17 Mar 2022 | RM6.1b | RM6.8b | RM404.9m | 8.5x |
| Sat, 12 Feb 2022 | RM5.7b | RM6.1b | RM144.7m | 27x |
| Mon, 10 Jan 2022 | RM5.2b | RM6.1b | RM145.1m | 21.9x |
| Wed, 08 Dec 2021 | RM4.6b | RM6.1b | RM145.1m | 20.1x |
| Fri, 05 Nov 2021 | RM4.9b | RM6.1b | RM26.9m | 14.2x |
| Sun, 03 Oct 2021 | RM4.7b | RM6.1b | RM26.0m | 13.2x |
| Tue, 31 Aug 2021 | RM4.5b | RM5.9b | -RM83,406,965.00 | 15.4x |
| Wed, 07 Jul 2021 | RM4.3b | RM5.9b | -RM83,406,965.00 | 16x |
| Sat, 10 Apr 2021 | RM4.7b | RM5.5b | -RM220,912,743.00 | 18.6x |
| Fri, 01 Jan 2021 | RM5.2b | RM5.4b | -RM370,585,037.00 | 28.3x |
| Mon, 05 Oct 2020 | RM4.0b | RM5.4b | -RM420,854,232.00 | 17.7x |
| Thu, 09 Jul 2020 | RM3.1b | RM5.4b | -RM363,378,116.00 | 25.1x |
| Wed, 01 Apr 2020 | RM2.6b | RM5.7b | -RM464,417,650.00 | 12.9x |
| Sat, 04 Jan 2020 | RM4.8b | RM5.8b | -RM454,963,349.00 | 19.2x |
| Tue, 08 Oct 2019 | RM3.5b | RM5.9b | -RM443,600,517.00 | 13.8x |
| Mon, 01 Jul 2019 | RM3.8b | RM6.1b | -RM419,445,805.00 | 9.8x |
Median PE Ratio
10.9x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.7x which is lower than its 3-year average PE of 17.5x.
- Given that earnings are expected to decline by 0.5%, the lower than average PE seems justified.
Past Earnings Growth
- Total earnings for the Forest Products industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.4% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Malaysian Forestry Products compare with similar industries?
| MY Market | 0.51% | |
| Materials | 1.07% | |
| Paper and Forestry Products | -1.15% | |
| Forestry Products | -1.20% | |
| Paper Products | -0.007% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HEVEA HeveaBoard Berhad | RM0.56 | 7.6% +RM22.6m | 5.6% | PS63.8x | |
| EVERGRN Evergreen Fibreboard Berhad | RM0.70 | 2.2% +RM12.7m | 70.7% | PS17.2x | |
| FLBHD Focus Lumber Berhad | RM1.52 | 8.6% +RM12.1m | 68.9% | PS6x | |
| JTIASA Jaya Tiasa Holdings Berhad | RM0.95 | 0.5% +RM4.8m | 33.8% | PS13.4x | |
| EKSONS Eksons Corporation Berhad | RM0.64 | 4.1% +RM4.0m | -11.2% | PS8.9x |
