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Malaysian (KLSE) Real Estate Sector Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies105
- 7D-2.2%
- 3M-2.7%
- 1Y0.4%
- YTD-3.8%
Over the last 7 days, the Real Estate industry has dropped 2.2%, driven by a pullback from S P Setia Berhad of 8.9%. As for the longer term, the industry's performance has been flat for the past year.
Sector Valuation and Performance
Has the Malaysian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | RM92.0b | RM36.5b | RM2.9b | 13.4x |
| Fri, 29 Oct 2021 | RM99.9b | RM38.5b | RM2.8b | 13.8x |
| Sun, 26 Sep 2021 | RM93.7b | RM39.0b | RM2.9b | 13.1x |
| Tue, 24 Aug 2021 | RM92.2b | RM39.4b | RM2.9b | 12.9x |
| Wed, 30 Jun 2021 | RM89.9b | RM39.4b | RM2.9b | 12.8x |
| Sat, 03 Apr 2021 | RM93.8b | RM36.8b | RM1.7b | 14.1x |
| Tue, 05 Jan 2021 | RM91.7b | RM35.4b | RM1.2b | 16.4x |
| Fri, 09 Oct 2020 | RM82.2b | RM36.7b | RM3.2b | 13.8x |
| Thu, 02 Jul 2020 | RM84.7b | RM36.3b | RM4.1b | 13.7x |
| Sun, 05 Apr 2020 | RM78.0b | RM41.4b | RM5.9b | 10.6x |
| Wed, 08 Jan 2020 | RM101.6b | RM42.8b | RM7.3b | 11.9x |
| Tue, 01 Oct 2019 | RM98.9b | RM41.9b | RM6.3b | 13.3x |
| Fri, 05 Jul 2019 | RM106.9b | RM42.2b | RM6.4b | 12.8x |
| Mon, 08 Apr 2019 | RM106.7b | RM41.0b | RM7.0b | 12.6x |
| Thu, 10 Jan 2019 | RM103.7b | RM40.6b | RM6.9b | 11.7x |
PE Ratio
11.5x
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 13.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 29% per year over the last three years, and revenues have also declined 3.4% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Real Estate sector?
| REITS | -1.17% | |
| Real Estate | -2.92% | |
Industry PE: Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 19.8x. This is likely because analysts are expecting annual earnings growth of 19%, which is higher than its past year's earnings decline of 25% per year. Meanwhile, investors are most pessimistic about the Real Estate industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 11.2x.
Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 22% over the next 5 years. This is better than it's past earnings growth rate of 12% per year. Meanwhile, the REITS industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SUNREIT Sunway Real Estate Investment Trust | 2.1%+RM102.7m | -3.3% | PB0.9x | |
| PAVREIT Pavilion Real Estate Investment Trust | 1.6%+RM61.0m | -16.4% | PB1x | |
| MAHSING Mah Sing Group Berhad | 1.4%+RM24.3m | -17.2% | PB0.4x | |
| OCR OCR Group Berhad | 6.7%+RM20.6m | -39.6% | PB0.8x | |
| ECOFIRS EcoFirst Consolidated Bhd | 2.6%+RM11.0m | 0% | PB1x |
