Analysis Article • Jun 02
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- 7D-2.8%
- 3M10.1%
- 1Y-11.6%
- YTD-0.4%
Over the last 7 days, the Electronic Equipment and Components industry has risen 3.3%, driven by gains from Mikro MSC Berhad of 4.3%. During this same period, the NationGate Holdings Berhad underperformed, falling 9.7%. In contrast, the industry has lost 11% in the last 12 months. 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, 06 Jun 2026 | RM 19.4b | RM 24.6b | RM 581.2m | 20.6x | 33.4x | 0.8x |
| Mon, 04 May 2026 | RM 18.1b | RM 25.5b | RM 722.8m | 17.8x | 25.1x | 0.7x |
| Wed, 01 Apr 2026 | RM 16.1b | RM 25.6b | RM 752.1m | 14.2x | 21.5x | 0.6x |
| Fri, 27 Feb 2026 | RM 19.2b | RM 25.4b | RM 723.4m | 18.1x | 26.6x | 0.8x |
| Sun, 25 Jan 2026 | RM 21.0b | RM 27.0b | RM 728.6m | 16.8x | 28.9x | 0.8x |
| Tue, 23 Dec 2025 | RM 20.1b | RM 27.0b | RM 777.7m | 16.6x | 25.8x | 0.7x |
| Thu, 20 Nov 2025 | RM 19.7b | RM 27.3b | RM 664.1m | 20.4x | 29.7x | 0.7x |
| Sat, 18 Oct 2025 | RM 19.8b | RM 27.0b | RM 642.5m | 20.6x | 30.8x | 0.7x |
| Mon, 15 Sep 2025 | RM 19.8b | RM 26.0b | RM 736.0m | 19.1x | 26.9x | 0.8x |
| Wed, 13 Aug 2025 | RM 20.7b | RM 23.9b | RM 674.8m | 18.2x | 30.7x | 0.9x |
| Fri, 11 Jul 2025 | RM 20.9b | RM 23.8b | RM 667.2m | 19.1x | 31.3x | 0.9x |
| Sun, 08 Jun 2025 | RM 20.1b | RM 23.3b | RM 707.2m | 17x | 28.5x | 0.9x |
| Tue, 06 May 2025 | RM 20.2b | RM 20.7b | RM 353.8m | 17.1x | 57x | 1x |
| Thu, 03 Apr 2025 | RM 20.0b | RM 20.7b | RM 348.9m | 18.2x | 57.3x | 1x |
| Sat, 01 Mar 2025 | RM 22.5b | RM 17.8b | RM 352.4m | 21x | 63.9x | 1.3x |
| Mon, 27 Jan 2025 | RM 24.4b | RM 17.7b | RM 364.8m | 26.3x | 66.8x | 1.4x |
| Wed, 25 Dec 2024 | RM 25.7b | RM 17.7b | RM 367.5m | 27.3x | 69.9x | 1.5x |
| Fri, 22 Nov 2024 | RM 24.2b | RM 16.4b | RM 360.4m | 31.9x | 67.1x | 1.5x |
| Sun, 20 Oct 2024 | RM 22.7b | RM 16.1b | RM 372.7m | 31x | 61x | 1.4x |
| Tue, 17 Sep 2024 | RM 22.4b | RM 16.0b | RM 351.0m | 30.5x | 63.7x | 1.4x |
| Thu, 15 Aug 2024 | RM 26.4b | RM 16.0b | RM 375.0m | 30.9x | 70.5x | 1.6x |
| Sat, 13 Jul 2024 | RM 28.2b | RM 16.0b | RM 363.1m | 32.9x | 77.7x | 1.8x |
| Mon, 10 Jun 2024 | RM 25.1b | RM 15.9b | RM 327.7m | 31.8x | 76.7x | 1.6x |
| Wed, 08 May 2024 | RM 21.5b | RM 16.0b | RM 274.0m | 23.8x | 78.6x | 1.3x |
| Fri, 05 Apr 2024 | RM 20.3b | RM 15.9b | RM 273.2m | 20x | 74.5x | 1.3x |
| Sun, 03 Mar 2024 | RM 18.6b | RM 16.2b | RM 280.7m | 20.1x | 66.2x | 1.1x |
| Tue, 30 Jan 2024 | RM 18.0b | RM 16.6b | RM 102.3m | 19.1x | 175.6x | 1.1x |
| Thu, 28 Dec 2023 | RM 18.6b | RM 16.7b | RM 104.3m | 19.9x | 178.5x | 1.1x |
| Sat, 25 Nov 2023 | RM 18.7b | RM 17.2b | RM 376.7m | 22.7x | 49.6x | 1.1x |
| Mon, 23 Oct 2023 | RM 18.4b | RM 17.3b | RM 378.3m | 22.4x | 48.7x | 1.1x |
| Wed, 20 Sep 2023 | RM 19.1b | RM 17.1b | RM 348.1m | 25.2x | 54.8x | 1.1x |
| Fri, 18 Aug 2023 | RM 18.7b | RM 17.7b | RM 408.4m | 23.5x | 45.7x | 1.1x |
| Sun, 16 Jul 2023 | RM 18.3b | RM 17.8b | RM 597.8m | 22.1x | 30.6x | 1x |
| Tue, 13 Jun 2023 | RM 17.6b | RM 17.6b | RM 614.6m | 19.5x | 28.7x | 1x |
Price to Earnings Ratio
28.7x
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 33.7x 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 0.80x.
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 | -0.012% | |
| Tech | -2.48% | |
| Electronic Equipment and Components | -2.77% | |
| Electronic Equipment and Instruments | -1.40% | |
| Technology Distributors | -1.99% | |
| Electronic Components | -3.12% | |
| Electronic Manufacturing Services | -4.26% | |
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 62.7x.
- Analysts are expecting annual earnings growth of 17.3%, 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 | |
|---|---|---|---|---|---|
| MIKROMB Mikro MSC Berhad | RM 0.49 | 4.3% +RM 24.2m | 151.3% | PE26.5x | |
| VS V.S. Industry Berhad | RM 0.21 | 2.4% +RM 19.3m | -72.9% | PS0.2x | |
| CEB Cape EMS Berhad | RM 0.28 | 1.8% +RM 5.0m | 27.3% | PS0.4x | |
| RGTECH Radiant Globaltech Berhad | RM 0.23 | 2.2% +RM 2.8m | -23.3% | PE15.2x | |
| ARTRONIQ Artroniq Berhad | RM 0.14 | 3.6% +RM 2.5m | 70.6% | PS6.6x |