Slammed 34% Solution Group Berhad (KLSE:SOLUTN) Screens Well Here But There Might Be A Catch
Oct 10
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Electronic Equipment and Components Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies35
- 7D2.3%
- 3M-20.7%
- 1Y19.1%
- YTD22.7%
In the last week, the Electronic Equipment and Components industry is up 2.3%, with NationGate Holdings Berhad up 9.9%. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | RM 22.4b | RM 16.1b | RM 372.7m | 29.8x | 60.2x | 1.4x |
| Thu, 12 Sep 2024 | RM 21.9b | RM 16.0b | RM 351.0m | 29.5x | 62.3x | 1.4x |
| Sat, 10 Aug 2024 | RM 25.2b | RM 16.0b | RM 375.0m | 30.5x | 67.2x | 1.6x |
| Mon, 08 Jul 2024 | RM 27.8b | RM 16.0b | RM 363.1m | 32.3x | 76.5x | 1.7x |
| Wed, 05 Jun 2024 | RM 24.6b | RM 15.9b | RM 333.5m | 32.2x | 73.7x | 1.5x |
| Fri, 03 May 2024 | RM 21.2b | RM 16.0b | RM 274.0m | 22x | 77.4x | 1.3x |
| Sun, 31 Mar 2024 | RM 19.9b | RM 15.9b | RM 273.2m | 20.3x | 72.9x | 1.3x |
| Tue, 27 Feb 2024 | RM 18.7b | RM 16.5b | RM 121.8m | 20.2x | 153.5x | 1.1x |
| Thu, 25 Jan 2024 | RM 17.9b | RM 16.6b | RM 101.8m | 19.3x | 175.9x | 1.1x |
| Sat, 23 Dec 2023 | RM 18.6b | RM 16.7b | RM 104.3m | 20.1x | 178.2x | 1.1x |
| Mon, 20 Nov 2023 | RM 18.3b | RM 17.1b | RM 363.1m | 23.1x | 50.5x | 1.1x |
| Wed, 18 Oct 2023 | RM 18.9b | RM 17.3b | RM 378.3m | 23x | 49.9x | 1.1x |
| Fri, 15 Sep 2023 | RM 18.8b | RM 17.1b | RM 348.1m | 25.2x | 53.9x | 1.1x |
| Sun, 13 Aug 2023 | RM 18.5b | RM 17.7b | RM 405.7m | 22.5x | 45.7x | 1x |
| Tue, 11 Jul 2023 | RM 17.9b | RM 17.8b | RM 597.8m | 22x | 29.9x | 1x |
| Thu, 08 Jun 2023 | RM 17.4b | RM 17.6b | RM 614.6m | 19.5x | 28.3x | 1x |
| Sat, 06 May 2023 | RM 18.1b | RM 963.0b | RM 85.9b | 17.4x | 0.2x | 0.02x |
| Mon, 03 Apr 2023 | RM 18.0b | RM 18.2b | RM 720.3m | 18.6x | 25x | 1x |
| Wed, 01 Mar 2023 | RM 17.9b | RM 17.5b | RM 698.8m | 16.3x | 25.6x | 1x |
| Fri, 27 Jan 2023 | RM 18.3b | RM 17.8b | RM 828.6m | 19.1x | 22.1x | 1x |
| Sun, 25 Dec 2022 | RM 15.2b | RM 17.0b | RM 763.0m | 18.2x | 19.9x | 0.9x |
| Tue, 22 Nov 2022 | RM 12.3b | RM 16.5b | RM 459.6m | 16.6x | 26.7x | 0.7x |
| Thu, 20 Oct 2022 | RM 12.1b | RM 16.5b | RM 458.1m | 16.2x | 26.4x | 0.7x |
| Sat, 17 Sep 2022 | RM 13.5b | RM 16.4b | RM 465.0m | 18.7x | 29x | 0.8x |
| Mon, 15 Aug 2022 | RM 12.9b | RM 15.6b | RM 432.9m | 21.5x | 29.9x | 0.8x |
| Wed, 13 Jul 2022 | RM 11.8b | RM 15.6b | RM 430.7m | 17x | 27.5x | 0.8x |
| Fri, 10 Jun 2022 | RM 13.3b | RM 15.8b | RM 452.8m | 19.9x | 29.3x | 0.8x |
| Sun, 08 May 2022 | RM 22.3b | RM 17.5b | RM 898.0m | 19.2x | 24.9x | 1.3x |
| Tue, 05 Apr 2022 | RM 24.4b | RM 17.5b | RM 898.6m | 18.9x | 27.2x | 1.4x |
| Thu, 03 Mar 2022 | RM 24.5b | RM 16.9b | RM 867.1m | 19.2x | 28.3x | 1.5x |
| Sat, 29 Jan 2022 | RM 26.0b | RM 17.1b | RM 902.3m | 24.2x | 28.8x | 1.5x |
| Mon, 27 Dec 2021 | RM 29.6b | RM 17.1b | RM 902.3m | 24.2x | 32.8x | 1.7x |
| Wed, 24 Nov 2021 | RM 32.0b | RM 17.2b | RM 946.7m | 25.4x | 33.8x | 1.9x |
| Fri, 22 Oct 2021 | RM 33.1b | RM 17.7b | RM 1.0b | 24.8x | 32.9x | 1.9x |
Price to Earnings Ratio
32.9x
Current Industry PE
- Investors are optimistic on the Malaysian Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 60.2x which is higher than its 3-year average PE of 51.2x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 28% per year over the last three years,
- Revenues have also declined 3.2% 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 Tech industry?
| MY Market | 0.62% | |
| Tech | 1.21% | |
| Electronic Equipment and Components | 2.33% | |
| Electronic Equipment and Instruments | 3.62% | |
| Technology Distributors | 3.26% | |
| Electronic Manufacturing Services | 2.05% | |
| Electronic Components | 0.49% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 47.5x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 21.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| NATGATE NationGate Holdings Berhad | RM 1.88 | 9.9% +RM 387.0m | 50.4% | PE51.7x | |
| ITMAX ITMAX System Berhad | RM 3.70 | 2.5% +RM 92.7m | 103.3% | PE54.3x | |
| VS V.S. Industry Berhad | RM 0.99 | 1.0% +RM 38.7m | 3.7% | PE18.8x | |
| VSTECS VSTECS Berhad | RM 3.04 | 2.4% +RM 25.0m | 130.3% | PE16.3x | |
| XOXNET Xox Networks Berhad | RM 0.025 | 25.0% +RM 5.7m | -16.7% | PS3.2x |
