Analysis Article • Jun 05
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- 7D-2.5%
- 3M10.5%
- 1Y-14.3%
- YTD-2.9%
The Electronic Equipment and Components industry is down 3.4% over the last week with ITMAX System Berhad the worst performer, down 1.6%. The industry has fallen 17% in the last year. Earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | RM 18.9b | RM 24.6b | RM 581.2m | 19.6x | 32.6x | 0.8x |
| Mon, 11 May 2026 | RM 18.4b | RM 25.5b | RM 733.4m | 17.3x | 25x | 0.7x |
| Wed, 08 Apr 2026 | RM 16.3b | RM 25.6b | RM 752.2m | 15.3x | 21.7x | 0.6x |
| Fri, 06 Mar 2026 | RM 18.2b | RM 25.7b | RM 735.8m | 15.5x | 24.7x | 0.7x |
| Sun, 01 Feb 2026 | RM 19.9b | RM 27.0b | RM 727.9m | 17.3x | 27.3x | 0.7x |
| Tue, 30 Dec 2025 | RM 19.7b | RM 27.0b | RM 777.7m | 16.8x | 25.4x | 0.7x |
| Thu, 27 Nov 2025 | RM 19.8b | RM 27.1b | RM 705.1m | 19.5x | 28.1x | 0.7x |
| Sat, 25 Oct 2025 | RM 21.0b | RM 27.1b | RM 652.6m | 22.1x | 32.3x | 0.8x |
| Mon, 22 Sep 2025 | RM 20.6b | RM 26.0b | RM 736.0m | 19.2x | 28x | 0.8x |
| Wed, 20 Aug 2025 | RM 20.6b | RM 24.1b | RM 679.7m | 20.4x | 30.4x | 0.9x |
| Fri, 18 Jul 2025 | RM 20.9b | RM 23.8b | RM 667.2m | 19.2x | 31.3x | 0.9x |
| Sun, 15 Jun 2025 | RM 20.1b | RM 23.2b | RM 662.7m | 17.8x | 30.4x | 0.9x |
| Tue, 13 May 2025 | RM 20.7b | RM 20.7b | RM 353.8m | 17x | 58.4x | 1x |
| Thu, 10 Apr 2025 | RM 16.6b | RM 20.7b | RM 348.8m | 14.6x | 47.6x | 0.8x |
| Sat, 08 Mar 2025 | RM 20.9b | RM 20.8b | RM 355.8m | 18.9x | 58.9x | 1x |
| Mon, 03 Feb 2025 | RM 23.3b | RM 17.7b | RM 364.8m | 26x | 63.9x | 1.3x |
| Wed, 01 Jan 2025 | RM 26.6b | RM 17.7b | RM 367.5m | 27.3x | 72.3x | 1.5x |
| Fri, 29 Nov 2024 | RM 24.1b | RM 17.7b | RM 403.4m | 32.6x | 59.6x | 1.4x |
| Sun, 27 Oct 2024 | RM 23.5b | RM 16.3b | RM 409.3m | 27.4x | 57.5x | 1.4x |
| Tue, 24 Sep 2024 | RM 23.5b | RM 16.0b | RM 351.0m | 30.6x | 66.9x | 1.5x |
| Thu, 22 Aug 2024 | RM 25.5b | RM 16.0b | RM 374.1m | 28.7x | 68.1x | 1.6x |
| Sat, 20 Jul 2024 | RM 28.8b | RM 16.0b | RM 363.1m | 32.5x | 79.4x | 1.8x |
| Mon, 17 Jun 2024 | RM 26.6b | RM 15.9b | RM 327.6m | 35x | 81.2x | 1.7x |
| Wed, 15 May 2024 | RM 22.3b | RM 16.0b | RM 274.0m | 24.2x | 81.5x | 1.4x |
| Fri, 12 Apr 2024 | RM 20.2b | RM 15.9b | RM 273.3m | 20.1x | 73.9x | 1.3x |
| Sun, 10 Mar 2024 | RM 18.4b | RM 16.2b | RM 280.7m | 19.4x | 65.5x | 1.1x |
| Tue, 06 Feb 2024 | RM 17.6b | RM 16.6b | RM 100.9m | 18.5x | 174.9x | 1.1x |
| Thu, 04 Jan 2024 | RM 18.7b | RM 16.6b | RM 101.8m | 20.1x | 183.7x | 1.1x |
| Sat, 02 Dec 2023 | RM 18.5b | RM 16.8b | RM 124.1m | 19.5x | 148.7x | 1.1x |
| Mon, 30 Oct 2023 | RM 17.9b | RM 17.3b | RM 379.6m | 21.2x | 47.1x | 1x |
| Wed, 27 Sep 2023 | RM 19.4b | RM 17.2b | RM 340.2m | 25.2x | 57x | 1.1x |
| Fri, 25 Aug 2023 | RM 18.8b | RM 17.6b | RM 413.1m | 22.9x | 45.6x | 1.1x |
| Sun, 23 Jul 2023 | RM 18.5b | RM 17.8b | RM 597.8m | 22x | 30.9x | 1x |
| Tue, 20 Jun 2023 | RM 18.0b | RM 17.7b | RM 590.4m | 21.7x | 30.4x | 1x |
Price to Earnings Ratio
30.4x
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 32.6x which is lower than its 3-year average PE of 59.1x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.77x.
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 12% 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 | -1.17% | |
| Tech | -1.43% | |
| Electronic Equipment and Components | -2.51% | |
| Electronic Equipment and Instruments | -2.02% | |
| Technology Distributors | -2.28% | |
| Electronic Manufacturing Services | -2.74% | |
| Electronic Components | -3.63% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average PE ratio of 61.7x.
- Analysts are expecting annual earnings growth of 17.4%, which is lower than the prior year's growth of 21.6% per year.
- Investors are most pessimistic about the Electronic Components industry, which is trading below its 3-year average of 48.1x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 26% over the next 5 years.
- However this is lower than its past earnings growth rate of 125% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| THMY THMY Holdings Berhad | RM 1.72 | 3.0% +RM 44.4m | n/a | PE112.8x | |
| CNERGEN Cnergenz Berhad | RM 0.56 | 7.7% +RM 19.9m | 86.7% | PE136.8x | |
| JHM JHM Consolidation Berhad | RM 0.40 | 2.6% +RM 6.1m | 8.2% | PS0.7x | |
| XOXNET Xox Networks Berhad | RM 0.025 | 25.0% +RM 5.7m | 66.7% | PS2.6x | |
| SOLUTN Solution Group Berhad | RM 0.07 | 7.7% +RM 2.4m | -30.0% | PS1.3x |