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Malaysian (KLSE) Electronic Equipment and Components Industry Analysis
UpdatedSep 17, 2024
DataAggregated Company Financials
Companies34
- 7D0.8%
- 3M-13.7%
- 1Y18.8%
- YTD22.7%
The Electronic Equipment and Components is pretty flat in the last 7 days, but V.S. Industry Berhad has stood out, gaining 4.9%. As for the the longer term, the industry is up 19% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
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 |
|---|---|---|---|---|---|---|
| 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 |
| Thu, 11 May 2023 | RM 18.0b | RM 18.2b | RM 720.9m | 17.3x | 24.9x | 1x |
| Sat, 08 Apr 2023 | RM 18.4b | RM 18.2b | RM 720.3m | 19.1x | 25.6x | 1x |
| Mon, 06 Mar 2023 | RM 17.6b | RM 17.3b | RM 674.5m | 17.6x | 26.1x | 1x |
| Wed, 01 Feb 2023 | RM 18.4b | RM 17.8b | RM 827.2m | 19.8x | 22.3x | 1x |
| Fri, 30 Dec 2022 | RM 14.7b | RM 17.1b | RM 771.3m | 17.3x | 19x | 0.9x |
| Sun, 27 Nov 2022 | RM 12.6b | RM 16.2b | RM 501.5m | 16.1x | 25.2x | 0.8x |
| Tue, 25 Oct 2022 | RM 12.1b | RM 16.5b | RM 458.1m | 15.9x | 26.4x | 0.7x |
| Thu, 22 Sep 2022 | RM 13.3b | RM 16.4b | RM 465.0m | 17.6x | 28.6x | 0.8x |
| Sat, 20 Aug 2022 | RM 13.5b | RM 15.6b | RM 432.9m | 23.6x | 31.2x | 0.9x |
| Mon, 18 Jul 2022 | RM 11.7b | RM 15.6b | RM 430.7m | 17.8x | 27.2x | 0.7x |
| Wed, 15 Jun 2022 | RM 12.6b | RM 15.8b | RM 452.8m | 18.9x | 27.9x | 0.8x |
| Fri, 13 May 2022 | RM 12.3b | RM 16.0b | RM 520.2m | 18.4x | 23.6x | 0.8x |
| Sun, 10 Apr 2022 | RM 24.3b | RM 17.5b | RM 898.6m | 19.3x | 27.1x | 1.4x |
| Tue, 08 Mar 2022 | RM 21.6b | RM 17.1b | RM 895.8m | 15.4x | 24.1x | 1.3x |
| Thu, 03 Feb 2022 | RM 26.2b | RM 17.1b | RM 902.9m | 25.2x | 29x | 1.5x |
| Sat, 01 Jan 2022 | RM 30.5b | RM 17.1b | RM 902.3m | 24.3x | 33.8x | 1.8x |
| Mon, 29 Nov 2021 | RM 31.0b | RM 17.0b | RM 932.2m | 24.2x | 33.2x | 1.8x |
| Wed, 27 Oct 2021 | RM 32.9b | RM 17.7b | RM 1.0b | 24.8x | 32.7x | 1.9x |
| Fri, 24 Sep 2021 | RM 32.5b | RM 17.6b | RM 1.0b | 30.6x | 31.9x | 1.8x |
Price to Earnings Ratio
31.9x
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 63.7x which is higher than its 3-year average PE of 50.5x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 30% per year over the last three years,
- Revenues have also declined 3.1% 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 | 0.55% | |
| Tech | 1.44% | |
| Electronic Equipment and Components | 0.82% | |
| Electronic Manufacturing Services | 2.02% | |
| Electronic Equipment and Instruments | 1.23% | |
| Electronic Components | -1.22% | |
| Technology Distributors | -2.74% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 46.3x.
- Analysts are expecting annual earnings growth of 32.1%, which is higher than its past year's earnings growth of 3.0% 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 growth rate of 3.0% 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 | |
|---|---|---|---|---|---|
| VS V.S. Industry Berhad | RM 1.08 | 4.9% +RM 193.5m | 6.9% | PE23.2x | |
| ITMAX ITMAX System Berhad | RM 3.40 | 3.7% +RM 123.5m | 103.6% | PE49.9x | |
| SNS SNS Network Technology Berhad | RM 0.60 | 4.3% +RM 40.3m | 130.8% | PE34.8x | |
| VSTECS VSTECS Berhad | RM 3.00 | 2.7% +RM 28.5m | 122.2% | PE16.1x | |
| NOTION Notion VTec Berhad | RM 1.08 | 3.8% +RM 21.0m | 237.5% | PE83.4x |
