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Malaysian (KLSE) Electronic Equipment and Components Industry Analysis

UpdatedMay 22, 2024
DataAggregated Company Financials
Companies36
  • 7D5.9%
  • 3M27.2%
  • 1Y33.1%
  • YTD28.1%

In the last week, the Electronic Equipment and Components industry is up 5.9%, with VSTECS Berhad leading the way with a 19% gain. In the same time, Salutica Berhad was down 6.6%. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Malaysian Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 May 2024RM23.8bRM16.0bRM293.4m25x80.9x1.5x
Fri, 19 Apr 2024RM19.9bRM15.9bRM273.3m20.1x72.8x1.3x
Sun, 17 Mar 2024RM18.5bRM16.2bRM280.7m19.8x66x1.1x
Tue, 13 Feb 2024RM18.0bRM16.6bRM100.9m18.4x178.2x1.1x
Thu, 11 Jan 2024RM18.6bRM16.6bRM101.8m20.3x182.7x1.1x
Sat, 09 Dec 2023RM18.4bRM16.8bRM121.1m19.3x151.7x1.1x
Mon, 06 Nov 2023RM18.2bRM17.4bRM379.6m21.3x47.8x1x
Wed, 04 Oct 2023RM19.1bRM17.3bRM378.3m22.6x50.4x1.1x
Fri, 01 Sep 2023RM18.9bRM17.1bRM359.2m24.8x52.5x1.1x
Sun, 30 Jul 2023RM18.5bRM17.8bRM597.8m21.2x31x1x
Tue, 27 Jun 2023RM18.3bRM17.7bRM590.4m21.6x31x1x
Thu, 25 May 2023RM17.3bRM18.2bRM732.5m18.5x23.6x0.9x
Sat, 22 Apr 2023RM18.9bRM18.2bRM720.9m18.5x26.2x1x
Mon, 20 Mar 2023RM18.7bRM17.7bRM717.1m18.6x26x1.1x
Wed, 15 Feb 2023RM18.4bRM17.9bRM839.0m20.1x21.9x1x
Fri, 13 Jan 2023RM15.2bRM17.8bRM828.6m17.5x18.3x0.9x
Sun, 11 Dec 2022RM13.6bRM16.5bRM703.2m16.9x19.4x0.8x
Tue, 08 Nov 2022RM12.3bRM16.5bRM459.3m16.3x26.9x0.7x
Thu, 06 Oct 2022RM12.9bRM16.5bRM458.1m17.4x28.2x0.8x
Sat, 03 Sep 2022RM13.3bRM16.4bRM465.0m18.7x28.6x0.8x
Mon, 01 Aug 2022RM12.8bRM15.6bRM429.7m21.3x29.7x0.8x
Wed, 29 Jun 2022RM12.5bRM15.6bRM430.7m19.6x29x0.8x
Fri, 27 May 2022RM12.3bRM16.1bRM532.2m18.7x23.2x0.8x
Sun, 24 Apr 2022RM23.3bRM17.5bRM898.6m19.1x25.9x1.3x
Tue, 22 Mar 2022RM24.1bRM17.1bRM895.8m17.5x27x1.4x
Thu, 17 Feb 2022RM26.6bRM17.1bRM902.9m26.4x29.5x1.6x
Sat, 15 Jan 2022RM26.9bRM17.1bRM902.3m24.2x29.8x1.6x
Mon, 13 Dec 2021RM28.6bRM17.1bRM929.6m28.1x30.8x1.7x
Wed, 10 Nov 2021RM32.8bRM17.7bRM969.8m24.4x33.9x1.9x
Fri, 08 Oct 2021RM32.3bRM17.7bRM1.0b24.8x32.1x1.8x
Sun, 05 Sep 2021RM31.1bRM17.6bRM1.0b32x30.7x1.8x
Tue, 03 Aug 2021RM32.1bRM17.6bRM1.0b29.2x31.7x1.8x
Price to Earnings Ratio

30.6x


Total Market Cap: RM27.0bTotal Earnings: RM884.4mTotal Revenue: RM16.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Electronic Equipment and Components Industry Price to Earnings3Y Average 45.8x202220232024
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 80.9x which is higher than its 3-year average PE of 45.8x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 31% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Malaysian Tech industry?

MY Market1.85%
Tech6.68%
Electronic Equipment and Components5.95%
Electronic Components16.29%
Technology Distributors8.85%
Electronic Manufacturing Services4.76%
Electronic Equipment and Instruments0.11%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 39.5x.
    • Analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings decline of 50.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 51% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 7.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VSTECS VSTECS BerhadRM4.0019.4%
+RM231.8m
194.1%PE21.3x
NATGATE NationGate Holdings BerhadRM1.866.3%
+RM228.1m
57.6%PE63.4x
NOTION Notion VTec BerhadRM1.0166.9%
+RM209.0m
231.1%PS1.4x
SKPRES SKP Resources BhdRM1.1611.5%
+RM187.5m
17.2%PE20.5x
VS V.S. Industry BerhadRM1.014.7%
+RM172.0m
27.8%PE25.3x
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Latest News

CEB

RM1.04

Cape EMS Berhad

7D

5.6%

1Y

-18.8%

NOTION

RM1.01

Notion VTec Berhad

7D

66.9%

1Y

231.1%

ITRONIC

RM0.045

Industronics Berhad

7D

-10.0%

1Y

-10.0%

VSTECS

RM4.00

VSTECS Berhad

7D

19.4%

1Y

194.1%

SALUTE

RM0.78

Salutica Berhad

7D

-6.6%

1Y

-10.4%

DGB

RM0.10

DGB Asia Berhad

7D

-4.5%

1Y

5.0%

NATGATE

RM1.86

NationGate Holdings Berhad

7D

6.3%

1Y

57.6%

VSOLAR

RM0.095

Vsolar Group Berhad

7D

-5.0%

1Y

-40.6%

XOXNET

RM0.025

Xox Networks Berhad

7D

-28.6%

1Y

-16.7%