Companies Like Vsolar Group Berhad (KLSE:VSOLAR) Are In A Position To Invest In Growth
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Has the Malaysian Electronic Equipment and Components Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||RM30.8b||RM17.0b||RM956.0m||23.7x|
|Fri, 29 Oct 2021||RM32.9b||RM17.7b||RM1.0b||25x|
|Sun, 26 Sep 2021||RM33.6b||RM17.6b||RM1.0b||30.6x|
|Tue, 24 Aug 2021||RM32.0b||RM17.6b||RM1.0b||31.2x|
|Wed, 30 Jun 2021||RM27.9b||RM17.6b||RM1.0b||23.9x|
|Sat, 03 Apr 2021||RM29.3b||RM16.2b||RM789.1m||30x|
|Tue, 05 Jan 2021||RM25.8b||RM15.3b||RM624.6m||28.4x|
|Fri, 09 Oct 2020||RM21.7b||RM14.6b||RM512.5m||29.1x|
|Thu, 02 Jul 2020||RM15.1b||RM13.9b||RM482.2m||26.1x|
|Sun, 05 Apr 2020||RM10.3b||RM14.5b||RM592.0m||13.1x|
|Wed, 08 Jan 2020||RM16.6b||RM14.7b||RM639.2m||21.6x|
|Tue, 01 Oct 2019||RM15.4b||RM14.6b||RM641.6m||19.9x|
|Fri, 05 Jul 2019||RM14.7b||RM14.3b||RM648.9m||18.7x|
|Mon, 08 Apr 2019||RM14.8b||RM14.1b||RM698.4m||18.8x|
|Thu, 10 Jan 2019||RM13.1b||RM14.3b||RM667.4m||19.2x|
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 23.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Electronic industry have grown 14% per year over the last three years, and revenues for these companies have grown 5.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Malaysian Electronic Equipment and Components industry?
|Electronic Manufacturing Services||-3.78%|
|Electronic Equipment and Instruments||-5.31%|
Industry PE: Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 26.5x. However analysts are expecting annual earnings growth of 22%, which is lower than the prior year's growth of 41% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading below its 3-year average of 20.1x.
Forecasted Growth: Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 22% over the next 5 years. However this is lower than its past earnings growth rate of 41% per year. Meanwhile, the Electronic Manufacturing Services industry is expected to see its earnings grow by 10% per year over the next few years.
Which companies have driven the market over the last 7 days?
Vsolar Group Berhad
Solution Group Berhad
GUH Holdings Berhad
Scope Industries Berhad
Inari Amertron Berhad
SKP Resources Bhd
JHM Consolidation Berhad
IQ Group Holdings Berhad
QES Group Berhad
ATA IMS Berhad
V.S. Industry Berhad