Why S P Setia Berhad (KLSE:SPSETIA) Could Be Worth Watching
Apr 22
Malaysian (KLSE) Real Estate Development Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies76
- 7D2.2%
- 3M9.6%
- 1Y48.6%
- YTDn/a
In the last week, the Real Estate Development industry is up 2.4%, with Tropicana Corporation Berhad up 22%. In the last 12 months, the industry was up 49%. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Malaysian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | RM74.7b | RM38.0b | RM3.9b | 14.6x | 19.3x | 2x |
| Sun, 24 Mar 2024 | RM73.0b | RM37.8b | RM3.8b | 14.5x | 19x | 1.9x |
| Tue, 20 Feb 2024 | RM68.8b | RM37.5b | RM3.8b | 12.7x | 18x | 1.8x |
| Thu, 18 Jan 2024 | RM64.9b | RM37.4b | RM3.8b | 12x | 17x | 1.7x |
| Sat, 16 Dec 2023 | RM59.4b | RM37.4b | RM3.8b | 12.1x | 15.8x | 1.6x |
| Mon, 13 Nov 2023 | RM59.9b | RM36.0b | RM4.4b | 13.7x | 13.5x | 1.7x |
| Wed, 11 Oct 2023 | RM61.4b | RM35.9b | RM4.0b | 13.8x | 15.3x | 1.7x |
| Fri, 08 Sep 2023 | RM61.6b | RM35.9b | RM4.0b | 13.5x | 15.5x | 1.7x |
| Sun, 06 Aug 2023 | RM54.4b | RM35.0b | RM3.8b | 12.1x | 14.1x | 1.6x |
| Tue, 04 Jul 2023 | RM47.8b | RM34.1b | RM3.7b | 11x | 12.9x | 1.4x |
| Thu, 01 Jun 2023 | RM47.7b | RM34.1b | RM3.6b | 9.7x | 13.4x | 1.4x |
| Sat, 29 Apr 2023 | RM47.3b | RM32.8b | RM3.1b | 10.1x | 15.2x | 1.4x |
| Mon, 27 Mar 2023 | RM46.2b | RM32.9b | RM3.1b | 10x | 14.8x | 1.4x |
| Wed, 22 Feb 2023 | RM45.9b | RM32.3b | RM3.1b | 9.8x | 14.8x | 1.4x |
| Fri, 20 Jan 2023 | RM45.0b | RM32.4b | RM3.1b | 9x | 14.4x | 1.4x |
| Sun, 18 Dec 2022 | RM43.8b | RM32.1b | RM3.1b | 9.7x | 14.3x | 1.4x |
| Tue, 15 Nov 2022 | RM42.0b | RM29.8b | RM2.4b | 9.1x | 17.7x | 1.4x |
| Thu, 13 Oct 2022 | RM40.0b | RM29.6b | RM2.3b | 9.5x | 17.2x | 1.4x |
| Sat, 10 Sep 2022 | RM43.8b | RM29.7b | RM2.4b | 11.2x | 18.5x | 1.5x |
| Mon, 08 Aug 2022 | RM42.7b | RM28.9b | RM2.0b | 12.9x | 21.4x | 1.5x |
| Wed, 06 Jul 2022 | RM40.8b | RM28.9b | RM2.0b | 12.3x | 20.5x | 1.4x |
| Fri, 03 Jun 2022 | RM44.9b | RM29.0b | RM2.1b | 12.9x | 21.2x | 1.6x |
| Sun, 01 May 2022 | RM47.4b | RM29.7b | RM2.4b | 12.4x | 20.1x | 1.6x |
| Tue, 29 Mar 2022 | RM47.0b | RM29.7b | RM2.4b | 11.6x | 19.9x | 1.6x |
| Thu, 24 Feb 2022 | RM48.5b | RM29.9b | RM2.0b | 13.1x | 24.6x | 1.6x |
| Sat, 22 Jan 2022 | RM45.9b | RM29.9b | RM2.0b | 12.2x | 23.3x | 1.5x |
| Mon, 20 Dec 2021 | RM45.5b | RM30.0b | RM2.0b | 11.3x | 22.6x | 1.5x |
| Wed, 17 Nov 2021 | RM49.5b | RM32.0b | RM1.8b | 10.7x | 28.1x | 1.5x |
| Fri, 15 Oct 2021 | RM50.4b | RM32.0b | RM1.8b | 11.2x | 28.5x | 1.6x |
| Sun, 12 Sep 2021 | RM48.8b | RM32.4b | RM1.8b | 11x | 26.5x | 1.5x |
| Tue, 10 Aug 2021 | RM45.5b | RM32.9b | RM1.8b | 10.2x | 24.7x | 1.4x |
| Mon, 03 May 2021 | RM49.5b | RM30.7b | RM1.0b | 11.1x | 48.4x | 1.6x |
Price to Earnings Ratio
48.4x
Current Industry PE
- Investors are relatively neutral on the Malaysian Real Estate Development industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.4x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 7.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Malaysian Real Estate Development compare with similar industries?
| MY Market | 1.41% | |
| Real Estate | 2.09% | |
| Real Estate | 2.05% | |
| Real Estate Development | 2.24% | |
| Diversified Real Estate | 0.56% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -0.67% | |
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 | |
|---|---|---|---|---|---|
| TROP Tropicana Corporation Berhad | RM1.50 | 22.0% +RM611.9m | 10.3% | PS2.2x | |
| SPSETIA S P Setia Berhad | RM1.41 | 4.4% +RM313.8m | 143.1% | PE33.1x | |
| SIMEPROP Sime Darby Property Berhad | RM0.92 | 2.8% +RM170.0m | 92.6% | PE15.3x | |
| ECOWLD Eco World Development Group Berhad | RM1.47 | 3.5% +RM147.2m | 96.0% | PE21.4x | |
| IOIPG IOI Properties Group Berhad | RM2.16 | 0.9% +RM110.1m | 81.5% | PE18.4x |
