Notion VTec Berhad (KLSE:NOTION) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Aug 21
Malaysian (KLSE) Electronic Equipment and Components Industry Analysis
UpdatedAug 25, 2024
DataAggregated Company Financials
Companies34
- 7D-6.6%
- 3M-1.5%
- 1Y22.4%
- YTD28.1%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.6%, driven by V.S. Industry Berhad declining 8.3%. In contrast, Cnergenz Berhad has gained 6.6%. In the past year, the industry has gained 22%. Earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Sun, 25 Aug 2024 | RM 23.3b | RM 15.4b | RM 309.5m | 33x | 75.4x | 1.5x |
| Tue, 23 Jul 2024 | RM 28.2b | RM 16.0b | RM 363.1m | 31.9x | 77.7x | 1.8x |
| Thu, 20 Jun 2024 | RM 26.3b | RM 15.9b | RM 327.6m | 33.2x | 80.3x | 1.7x |
| Sat, 18 May 2024 | RM 23.3b | RM 15.9b | RM 273.9m | 25x | 85.1x | 1.5x |
| Mon, 15 Apr 2024 | RM 20.3b | RM 15.9b | RM 273.3m | 20.4x | 74.1x | 1.3x |
| Wed, 13 Mar 2024 | RM 18.4b | RM 16.2b | RM 280.7m | 19.5x | 65.5x | 1.1x |
| Fri, 09 Feb 2024 | RM 17.9b | RM 16.6b | RM 100.9m | 18.1x | 177.2x | 1.1x |
| Sun, 07 Jan 2024 | RM 18.8b | RM 16.6b | RM 101.8m | 20.8x | 185x | 1.1x |
| Tue, 05 Dec 2023 | RM 18.4b | RM 16.8b | RM 121.1m | 19.5x | 152x | 1.1x |
| Thu, 02 Nov 2023 | RM 18.0b | RM 17.3b | RM 379.6m | 20.8x | 47.3x | 1x |
| Sat, 30 Sep 2023 | RM 19.3b | RM 17.3b | RM 374.9m | 23.5x | 51.4x | 1.1x |
| Mon, 28 Aug 2023 | RM 18.8b | RM 17.5b | RM 388.4m | 23.1x | 48.4x | 1.1x |
| Wed, 26 Jul 2023 | RM 18.4b | RM 17.8b | RM 597.8m | 21.8x | 30.8x | 1x |
| Fri, 23 Jun 2023 | RM 18.1b | RM 17.7b | RM 590.4m | 22.3x | 30.7x | 1x |
| Sun, 21 May 2023 | RM 17.8b | RM 18.2b | RM 723.4m | 18.4x | 24.6x | 1x |
| Tue, 18 Apr 2023 | RM 19.1b | RM 18.2b | RM 720.4m | 18.8x | 26.5x | 1.1x |
| Thu, 16 Mar 2023 | RM 18.5b | RM 17.7b | RM 717.1m | 18.1x | 25.8x | 1x |
| Sat, 11 Feb 2023 | RM 18.8b | RM 17.8b | RM 827.8m | 20.6x | 22.7x | 1.1x |
| Mon, 09 Jan 2023 | RM 14.9b | RM 17.1b | RM 771.3m | 17.4x | 19.3x | 0.9x |
| Wed, 07 Dec 2022 | RM 13.4b | RM 16.5b | RM 703.2m | 14.1x | 19x | 0.8x |
| Fri, 04 Nov 2022 | RM 12.4b | RM 16.5b | RM 459.0m | 16.8x | 27.1x | 0.8x |
| Sun, 02 Oct 2022 | RM 13.1b | RM 16.5b | RM 458.1m | 17.5x | 28.6x | 0.8x |
| Tue, 30 Aug 2022 | RM 13.0b | RM 15.3b | RM 411.6m | 18.4x | 31.5x | 0.8x |
| Thu, 28 Jul 2022 | RM 12.5b | RM 15.6b | RM 430.1m | 19.6x | 29x | 0.8x |
| Sat, 25 Jun 2022 | RM 12.5b | RM 15.8b | RM 452.8m | 18.8x | 27.7x | 0.8x |
| Mon, 23 May 2022 | RM 12.4b | RM 16.0b | RM 519.0m | 18.4x | 23.8x | 0.8x |
| Wed, 20 Apr 2022 | RM 23.3b | RM 17.5b | RM 898.6m | 18.7x | 25.9x | 1.3x |
| Fri, 18 Mar 2022 | RM 23.8b | RM 17.1b | RM 895.8m | 16.8x | 26.5x | 1.4x |
| Sun, 13 Feb 2022 | RM 26.8b | RM 17.1b | RM 902.9m | 26.4x | 29.7x | 1.6x |
| Tue, 11 Jan 2022 | RM 29.6b | RM 17.1b | RM 902.3m | 28.6x | 32.8x | 1.7x |
| Thu, 09 Dec 2021 | RM 28.7b | RM 17.1b | RM 923.9m | 27.9x | 31.1x | 1.7x |
| Sat, 06 Nov 2021 | RM 33.3b | RM 17.7b | RM 969.8m | 25x | 34.4x | 1.9x |
| Mon, 04 Oct 2021 | RM 32.2b | RM 17.7b | RM 1.0b | 24.7x | 32x | 1.8x |
| Wed, 01 Sep 2021 | RM 30.9b | RM 17.6b | RM 1.0b | 32.7x | 30.6x | 1.8x |
Price to Earnings Ratio
30.6x
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 75.4x which is higher than its 3-year average PE of 49.7x.
- 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 33% per year over the last three years,
- Revenues have also declined 4.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | -0.43% | |
| Tech | -5.99% | |
| Electronic Equipment and Components | -6.61% | |
| Electronic Manufacturing Services | -5.43% | |
| Electronic Equipment and Instruments | -5.79% | |
| Technology Distributors | -6.82% | |
| Electronic Components | -12.50% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 44.7x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 35.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| CNERGEN Cnergenz Berhad | RM 0.48 | 6.6% +RM 14.9m | -35.3% | PE35.2x | |
| OMESTI Omesti Berhad | RM 0.15 | 6.9% +RM 5.4m | -55.1% | PS0.7x | |
| UCHITEC Uchi Technologies Berhad | RM 3.80 | 0.3% +RM 4.6m | 6.7% | PE13.1x | |
| IQGROUP IQ Group Holdings Berhad | RM 0.78 | 4.0% +RM 2.6m | -6.6% | PE10.7x | |
| PINEAPP Pineapple Resources Berhad | RM 0.70 | 2.9% +RM 970.0k | -12.5% | PS0.8x |
