Northeast Group Berhad's (KLSE:NE) Shares Climb 26% But Its Business Is Yet to Catch Up
Dec 18
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Electronic Equipment and Components Industry Analysis
UpdatedDec 22, 2025
DataAggregated Company Financials
Companies38
- 7D1.6%
- 3M-8.3%
- 1Y-26.2%
- YTD-28.8%
Over the last 7 days, the Electronic Equipment and Components industry has risen 1.6%, driven by gains from ITMAX System Berhad of 4.5%. In contrast, the industry has lost 26% in the last 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Malaysian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Dec 2025 | RM 20.1b | RM 27.0b | RM 777.7m | 16.6x | 25.9x | 0.7x |
| Wed, 19 Nov 2025 | RM 19.9b | RM 27.3b | RM 661.6m | 21.3x | 30.1x | 0.7x |
| Fri, 17 Oct 2025 | RM 20.4b | RM 27.0b | RM 642.5m | 21x | 31.7x | 0.8x |
| Sun, 14 Sep 2025 | RM 19.8b | RM 26.0b | RM 736.0m | 19.1x | 26.9x | 0.8x |
| Tue, 12 Aug 2025 | RM 20.6b | RM 23.9b | RM 674.8m | 16.5x | 30.6x | 0.9x |
| Thu, 10 Jul 2025 | RM 20.7b | RM 23.8b | RM 667.2m | 19.1x | 31.1x | 0.9x |
| Sat, 07 Jun 2025 | RM 20.1b | RM 23.3b | RM 707.2m | 17x | 28.5x | 0.9x |
| Mon, 05 May 2025 | RM 20.4b | RM 20.7b | RM 353.8m | 17.7x | 57.7x | 1x |
| Wed, 02 Apr 2025 | RM 20.4b | RM 20.7b | RM 348.9m | 18.6x | 58.5x | 1x |
| Fri, 28 Feb 2025 | RM 23.4b | RM 17.8b | RM 339.8m | 22.5x | 68.8x | 1.3x |
| Sun, 26 Jan 2025 | RM 24.4b | RM 17.7b | RM 364.8m | 26.3x | 66.8x | 1.4x |
| Tue, 24 Dec 2024 | RM 25.8b | RM 17.7b | RM 367.5m | 26.3x | 70.1x | 1.5x |
| Thu, 21 Nov 2024 | RM 24.4b | RM 16.4b | RM 360.4m | 32.1x | 67.6x | 1.5x |
| Sat, 19 Oct 2024 | RM 22.7b | RM 16.1b | RM 372.7m | 31x | 61x | 1.4x |
| Mon, 16 Sep 2024 | RM 22.4b | RM 16.0b | RM 351.0m | 30.5x | 63.7x | 1.4x |
| Wed, 14 Aug 2024 | RM 25.9b | RM 16.0b | RM 375.0m | 30.9x | 69.1x | 1.6x |
| Fri, 12 Jul 2024 | RM 28.3b | RM 16.0b | RM 363.1m | 33.3x | 78x | 1.8x |
| Sun, 09 Jun 2024 | RM 25.1b | RM 15.9b | RM 327.7m | 31.8x | 76.7x | 1.6x |
| Tue, 07 May 2024 | RM 21.6b | RM 16.0b | RM 274.0m | 23x | 78.9x | 1.4x |
| Thu, 04 Apr 2024 | RM 20.3b | RM 15.9b | RM 273.2m | 20x | 74.4x | 1.3x |
| Sat, 02 Mar 2024 | RM 18.6b | RM 16.2b | RM 254.2m | 19.3x | 73.1x | 1.1x |
| Mon, 29 Jan 2024 | RM 17.9b | RM 16.6b | RM 102.3m | 19.3x | 175.2x | 1.1x |
| Wed, 27 Dec 2023 | RM 18.5b | RM 16.7b | RM 104.3m | 20.1x | 177.7x | 1.1x |
| Fri, 24 Nov 2023 | RM 18.7b | RM 17.2b | RM 381.4m | 22.8x | 49.1x | 1.1x |
| Sun, 22 Oct 2023 | RM 18.4b | RM 17.3b | RM 378.3m | 22.4x | 48.7x | 1.1x |
| Tue, 19 Sep 2023 | RM 18.8b | RM 17.1b | RM 348.1m | 25x | 54x | 1.1x |
| Thu, 17 Aug 2023 | RM 18.8b | RM 17.7b | RM 408.4m | 23.9x | 46x | 1.1x |
| Sat, 15 Jul 2023 | RM 18.3b | RM 17.8b | RM 597.8m | 22.1x | 30.6x | 1x |
| Mon, 12 Jun 2023 | RM 17.3b | RM 17.6b | RM 614.6m | 19.4x | 28.2x | 1x |
| Wed, 10 May 2023 | RM 18.1b | RM 18.2b | RM 720.9m | 17.4x | 25.1x | 1x |
| Fri, 07 Apr 2023 | RM 18.4b | RM 18.2b | RM 720.3m | 19.1x | 25.5x | 1x |
| Sun, 05 Mar 2023 | RM 17.6b | RM 17.2b | RM 663.3m | 17.6x | 26.6x | 1x |
| Tue, 31 Jan 2023 | RM 18.5b | RM 17.8b | RM 828.6m | 20x | 22.3x | 1x |
| Thu, 29 Dec 2022 | RM 14.7b | RM 17.1b | RM 771.3m | 17.2x | 19.1x | 0.9x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are pessimistic on the Malaysian Electronic 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 25.9x which is lower than its 3-year average PE of 58.6x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.75x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 1.11% | |
| Tech | -0.67% | |
| Electronic Equipment and Components | 1.55% | |
| Electronic Equipment and Instruments | 4.05% | |
| Electronic Components | 1.79% | |
| Electronic Manufacturing Services | 0.56% | |
| Technology Distributors | -0.21% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (19.2%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Electronic Components industry, which is trading below its 3-year average of 49.5x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 29% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| ATECH Aurelius Technologies Berhad | RM 0.88 | 16.7% +RM 162.6m | -22.3% | PE14.8x | |
| ITMAX ITMAX System Berhad | RM 4.87 | 3.2% +RM 155.0m | 36.4% | PE56x | |
| NATGATE NationGate Holdings Berhad | RM 1.03 | 4.6% +RM 101.8m | -58.0% | PE12.8x | |
| NE Northeast Group Berhad | RM 0.88 | 15.0% +RM 85.1m | 46.7% | PE31.7x | |
| CEB Cape EMS Berhad | RM 0.29 | 9.4% +RM 24.8m | -20.5% | PS0.7x |
