Tanco Holdings Berhad (KLSE:TANCO) Has A Pretty Healthy Balance Sheet
Dec 24
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Malaysian (KLSE) Real Estate Sector Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies107
- 7D0.03%
- 3M1.5%
- 1Y21.3%
- YTD21.1%
Over the last 7 days, the Real Estate industry has remained flat, although notably Tanco Holdings Berhad gained 12%. As for the the longer term, the industry is up 22% over the past 12 months. In the next few years earnings are forecast to be pretty stable.
Sector Valuation and Performance
Has the Malaysian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | RM 139.3b | RM 51.1b | RM 9.7b | 13.1x | 14.3x | 2.7x |
| Fri, 22 Nov 2024 | RM 136.7b | RM 51.1b | RM 9.8b | 14x | 13.9x | 2.7x |
| Sun, 20 Oct 2024 | RM 141.9b | RM 51.0b | RM 10.0b | 13.4x | 14.2x | 2.8x |
| Tue, 17 Sep 2024 | RM 132.9b | RM 50.6b | RM 9.8b | 13.2x | 13.5x | 2.6x |
| Thu, 15 Aug 2024 | RM 135.8b | RM 49.7b | RM 8.0b | 15.4x | 17.1x | 2.7x |
| Sat, 13 Jul 2024 | RM 138.2b | RM 49.3b | RM 7.9b | 15.2x | 17.5x | 2.8x |
| Mon, 10 Jun 2024 | RM 137.5b | RM 49.5b | RM 7.9b | 14.7x | 17.5x | 2.8x |
| Wed, 08 May 2024 | RM 130.2b | RM 47.1b | RM 7.3b | 14.5x | 17.8x | 2.8x |
| Fri, 05 Apr 2024 | RM 125.6b | RM 46.9b | RM 7.3b | 14.3x | 17.2x | 2.7x |
| Sun, 03 Mar 2024 | RM 117.5b | RM 46.6b | RM 7.5b | 13.7x | 15.7x | 2.5x |
| Tue, 30 Jan 2024 | RM 117.8b | RM 46.2b | RM 7.2b | 13.6x | 16.3x | 2.5x |
| Thu, 28 Dec 2023 | RM 112.2b | RM 46.1b | RM 7.1b | 13.1x | 15.8x | 2.4x |
| Sat, 25 Nov 2023 | RM 111.5b | RM 44.9b | RM 7.4b | 13.2x | 15.1x | 2.5x |
| Mon, 23 Oct 2023 | RM 109.3b | RM 44.3b | RM 7.3b | 14x | 15x | 2.5x |
| Wed, 20 Sep 2023 | RM 110.8b | RM 44.2b | RM 7.1b | 14.7x | 15.6x | 2.5x |
| Fri, 18 Aug 2023 | RM 107.6b | RM 43.2b | RM 6.9b | 14.1x | 15.6x | 2.5x |
| Sun, 16 Jul 2023 | RM 99.1b | RM 43.0b | RM 6.9b | 12.8x | 14.3x | 2.3x |
| Tue, 13 Jun 2023 | RM 96.6b | RM 42.2b | RM 6.7b | 12.8x | 14.4x | 2.3x |
| Thu, 11 May 2023 | RM 95.7b | RM 40.6b | RM 6.2b | 12.7x | 15.5x | 2.4x |
| Sat, 08 Apr 2023 | RM 95.7b | RM 40.5b | RM 6.1b | 12.5x | 15.7x | 2.4x |
| Mon, 06 Mar 2023 | RM 93.8b | RM 40.6b | RM 6.0b | 12.3x | 15.7x | 2.3x |
| Wed, 01 Feb 2023 | RM 94.3b | RM 39.9b | RM 5.5b | 12.6x | 17.3x | 2.4x |
| Fri, 30 Dec 2022 | RM 88.5b | RM 39.8b | RM 5.3b | 12.1x | 16.6x | 2.2x |
| Sun, 27 Nov 2022 | RM 87.5b | RM 38.6b | RM 5.1b | 12.8x | 17.1x | 2.3x |
| Tue, 25 Oct 2022 | RM 83.2b | RM 36.4b | RM 4.1b | 13x | 20.2x | 2.3x |
| Thu, 22 Sep 2022 | RM 86.6b | RM 36.3b | RM 4.4b | 14x | 19.8x | 2.4x |
| Sat, 20 Aug 2022 | RM 89.2b | RM 35.4b | RM 4.0b | 14.7x | 22.2x | 2.5x |
| Mon, 18 Jul 2022 | RM 84.5b | RM 35.2b | RM 3.8b | 14.1x | 22.2x | 2.4x |
| Wed, 15 Jun 2022 | RM 87.7b | RM 35.3b | RM 3.6b | 14.7x | 24.3x | 2.5x |
| Fri, 13 May 2022 | RM 92.0b | RM 35.9b | RM 3.7b | 14.8x | 25.1x | 2.6x |
| Sun, 10 Apr 2022 | RM 93.2b | RM 36.1b | RM 3.6b | 15x | 25.7x | 2.6x |
| Tue, 08 Mar 2022 | RM 89.2b | RM 36.5b | RM 3.8b | 14.3x | 23.5x | 2.4x |
| Thu, 03 Feb 2022 | RM 90.0b | RM 36.2b | RM 3.2b | 16x | 28.4x | 2.5x |
| Sat, 01 Jan 2022 | RM 91.9b | RM 36.2b | RM 2.8b | 14.2x | 32.3x | 2.5x |
Price to Earnings Ratio
32.3x
Current Industry PE
- Investors are pessimistic on the Malaysian Real Estate 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 14.4x which is lower than its 3-year average PE of 18.3x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 51% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Real Estate sector?
| MY Market | 0.19% | |
| Real Estate | 0.03% | |
| Industrial REITs | 1.00% | |
| REITS | 0.95% | |
| Office REITs | 0.88% | |
| Hotel and Resort REITs | 0.85% | |
| Retail REITs | 0.53% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Real Estate | -0.31% | |
| Health Care REITs | -1.48% | |
Industry PE
- Investors are most optimistic about the Health Care REITs industry, which is trading close to its 3-year average PE ratio of 18.3x.
- Analysts are expecting annual earnings growth of 5.6%, which is lower than the prior year's growth of 6.3% per year.
- Investors are most pessimistic about the Hotel and Resort REITs industry, which is trading close to its 3-year average of 12.2x.
Forecasted Growth
- Analysts are most optimistic on the Health Care REITs industry, expecting annual earnings growth of 5.6% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 23% 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 | |
|---|---|---|---|---|---|
| TANCO Tanco Holdings Berhad | RM 1.91 | 12.4% +RM 457.1m | 226.5% | PE354.1x | |
| TROP Tropicana Corporation Berhad | RM 1.26 | 7.7% +RM 222.0m | -2.3% | PS2.5x | |
| IGBREIT IGB Real Estate Investment Trust | RM 2.15 | 2.9% +RM 216.9m | 26.5% | PB1.9x | |
| KLCC KLCC Property Holdings Berhad | RM 8.06 | 1.5% +RM 216.6m | 12.3% | PB1.1x | |
| MAHSING Mah Sing Group Berhad | RM 1.78 | 1.7% +RM 76.8m | 115.8% | PE18.6x |