Analysis Article • May 11

Over the last 7 days, the Electronic Manufacturing Services industry has risen 2.7%, driven by gains from NationGate Holdings Berhad of 3.4%. In the past year, the industry is down 45%. Earnings are forecast to grow by 18% annually.
Has the Malaysian Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 13 May 2026 | RM 6.9b | RM 13.5b | RM 339.8m | 14.8x | 20.4x | 0.5x |
| Fri, 10 Apr 2026 | RM 6.0b | RM 13.5b | RM 339.8m | 13x | 17.8x | 0.4x |
| Sun, 08 Mar 2026 | RM 6.7b | RM 13.6b | RM 384.8m | 14.4x | 17.4x | 0.5x |
| Tue, 03 Feb 2026 | RM 8.0b | RM 15.2b | RM 378.1m | 15.6x | 21.1x | 0.5x |
| Thu, 01 Jan 2026 | RM 8.1b | RM 15.2b | RM 378.1m | 16.2x | 21.3x | 0.5x |
| Sat, 29 Nov 2025 | RM 8.3b | RM 15.3b | RM 363.7m | 15.9x | 22.9x | 0.5x |
| Mon, 27 Oct 2025 | RM 9.3b | RM 15.7b | RM 344.8m | 18.8x | 26.9x | 0.6x |
| Wed, 24 Sep 2025 | RM 9.2b | RM 16.0b | RM 442.5m | 16.1x | 20.9x | 0.6x |
| Fri, 22 Aug 2025 | RM 9.3b | RM 14.2b | RM 394.9m | 19.4x | 23.6x | 0.7x |
| Sun, 20 Jul 2025 | RM 10.3b | RM 14.1b | RM 384.9m | 21x | 26.8x | 0.7x |
| Tue, 17 Jun 2025 | RM 10.0b | RM 14.1b | RM 384.9m | 20.4x | 25.9x | 0.7x |
| Thu, 15 May 2025 | RM 11.4b | RM 11.6b | RM 319.1m | 19.5x | 35.9x | 1x |
| Sat, 12 Apr 2025 | RM 9.0b | RM 11.6b | RM 314.2m | 16x | 28.8x | 0.8x |
| Mon, 10 Mar 2025 | RM 10.5b | RM 11.6b | RM 318.1m | 18.9x | 33.1x | 0.9x |
| Wed, 05 Feb 2025 | RM 12.6b | RM 8.7b | RM 313.7m | 27.7x | 40.1x | 1.5x |
| Fri, 03 Jan 2025 | RM 14.9b | RM 8.7b | RM 313.7m | 30.5x | 47.6x | 1.7x |
| Sun, 01 Dec 2024 | RM 13.1b | RM 8.7b | RM 334.1m | 25.1x | 39.2x | 1.5x |
| Tue, 29 Oct 2024 | RM 12.6b | RM 7.6b | RM 367.1m | 17.9x | 34.2x | 1.7x |
| Thu, 26 Sep 2024 | RM 12.2b | RM 11.8b | RM 8.7b | 15.2x | 1.4x | 1x |
| Sat, 24 Aug 2024 | RM 12.9b | RM 7.1b | RM 313.9m | 20.7x | 41.1x | 1.8x |
| Mon, 22 Jul 2024 | RM 16.5b | RM 7.6b | RM 373.5m | 25.2x | 44.1x | 2.2x |
| Wed, 19 Jun 2024 | RM 15.5b | RM 7.4b | RM 333.9m | 29.1x | 46.3x | 2.1x |
| Fri, 17 May 2024 | RM 13.5b | RM 7.4b | RM 303.6m | 22.6x | 44.4x | 1.8x |
| Sun, 14 Apr 2024 | RM 12.1b | RM 7.4b | RM 303.7m | 20.1x | 39.8x | 1.6x |
| Tue, 12 Mar 2024 | RM 10.9b | RM 7.6b | RM 307.4m | 20x | 35.5x | 1.4x |
| Thu, 08 Feb 2024 | RM 10.9b | RM 7.7b | RM 191.3m | 20.5x | 57.2x | 1.4x |
| Sat, 06 Jan 2024 | RM 11.7b | RM 7.7b | RM 191.3m | 20.9x | 61.4x | 1.5x |
| Mon, 04 Dec 2023 | RM 11.7b | RM 7.8b | RM 200.7m | 21.6x | 58.1x | 1.5x |
| Wed, 01 Nov 2023 | RM 11.0b | RM 8.0b | RM 212.2m | 19.1x | 51.9x | 1.4x |
| Fri, 29 Sep 2023 | RM 11.8b | RM 8.0b | RM 208.7m | 20.8x | 56.3x | 1.5x |
| Sun, 27 Aug 2023 | RM 11.8b | RM 8.2b | RM 194.8m | 24.3x | 60.7x | 1.4x |
| Tue, 25 Jul 2023 | RM 11.5b | RM 8.2b | RM 203.7m | 21.7x | 56.3x | 1.4x |
| Thu, 22 Jun 2023 | RM 10.9b | RM 8.2b | RM 198.0m | 22.7x | 55.3x | 1.3x |
| Sat, 20 May 2023 | RM 10.6b | RM 8.5b | RM 279.4m | 20.4x | 37.9x | 1.3x |
37.9x
How does Malaysian Electronic Manufacturing Services compare with similar industries?
| MY Market | 0.55% | |
| Tech | 5.79% | |
| Electronic Equipment and Components | 1.97% | |
| Electronic Manufacturing Services | 3.31% | |
| Electronic Components | 7.41% | |
| Technology Distributors | 4.98% | |
| Electronic Equipment and Instruments | -2.97% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VS V.S. Industry Berhad | RM 0.21 | 10.5% +RM 77.1m | -77.0% | PS0.2x | |
| UCHITEC Uchi Technologies Berhad | RM 2.97 | 3.5% +RM 46.3m | -8.3% | PE14.9x | |
| NATGATE NationGate Holdings Berhad | RM 0.79 | 2.6% +RM 45.3m | -55.4% | PE14.3x | |
| THMY THMY Holdings Berhad | RM 1.38 | 3.0% +RM 35.5m | n/a | PE122x | |
| WAVEFRNT WaveFront Berhad | RM 0.14 | 21.7% +RM 30.1m | -51.7% | PE7.5x |