Analysis Article • Jun 09
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- 7D6.9%
- 3M64.0%
- 1Y73.9%
- YTD53.2%
The Semiconductors industry is up 6.9% in the last week, with ViTrox Corporation Berhad up 11%. This means that the industry has gained 74% over the past year. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Malaysian Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Jun 2026 | RM 62.4b | RM 11.6b | RM 166.4m | 51.6x | 374.7x | 5.4x |
| Thu, 14 May 2026 | RM 49.8b | RM 11.5b | RM 100.6m | 41.5x | 495.2x | 4.4x |
| Sat, 11 Apr 2026 | RM 36.6b | RM 11.1b | RM 95.7m | 30.7x | 382.8x | 3.3x |
| Mon, 09 Mar 2026 | RM 35.0b | RM 11.1b | RM 91.3m | 28.9x | 384x | 3.2x |
| Wed, 04 Feb 2026 | RM 37.6b | RM 10.8b | RM 422.6m | 32.3x | 89.1x | 3.5x |
| Fri, 02 Jan 2026 | RM 36.7b | RM 10.9b | RM 426.2m | 29.8x | 86.1x | 3.4x |
| Sun, 30 Nov 2025 | RM 39.3b | RM 10.9b | RM 422.6m | 33.8x | 92.9x | 3.6x |
| Tue, 28 Oct 2025 | RM 44.9b | RM 10.7b | RM 543.3m | 45.6x | 82.7x | 4.2x |
| Thu, 25 Sep 2025 | RM 40.0b | RM 10.6b | RM 561.1m | 38.6x | 71.3x | 3.8x |
| Sat, 23 Aug 2025 | RM 36.3b | RM 10.6b | RM 689.5m | 39.1x | 52.6x | 3.4x |
| Mon, 21 Jul 2025 | RM 34.3b | RM 10.4b | RM 732.8m | 35.4x | 46.8x | 3.3x |
| Wed, 18 Jun 2025 | RM 32.7b | RM 10.4b | RM 730.9m | 32.9x | 44.7x | 3.1x |
| Fri, 16 May 2025 | RM 36.6b | RM 10.4b | RM 852.9m | 34.1x | 43x | 3.5x |
| Sun, 13 Apr 2025 | RM 28.1b | RM 10.3b | RM 849.7m | 26.9x | 33.1x | 2.7x |
| Tue, 11 Mar 2025 | RM 30.5b | RM 10.3b | RM 852.2m | 30.8x | 35.8x | 3x |
| Thu, 06 Feb 2025 | RM 40.9b | RM 10.3b | RM 840.4m | 42.3x | 48.7x | 4x |
| Sat, 04 Jan 2025 | RM 46.3b | RM 10.3b | RM 843.2m | 47.2x | 54.9x | 4.5x |
| Mon, 02 Dec 2024 | RM 41.4b | RM 10.3b | RM 844.7m | 43.7x | 49x | 4x |
| Wed, 30 Oct 2024 | RM 43.3b | RM 10.2b | RM 929.6m | 35.8x | 46.6x | 4.3x |
| Fri, 27 Sep 2024 | RM 43.0b | RM 10.2b | RM 943.7m | 40.5x | 45.5x | 4.2x |
| Sun, 25 Aug 2024 | RM 51.4b | RM 10.1b | RM 878.8m | 57.5x | 58.5x | 5.1x |
| Tue, 23 Jul 2024 | RM 59.5b | RM 10.0b | RM 892.3m | 62.9x | 66.7x | 6x |
| Thu, 20 Jun 2024 | RM 60.5b | RM 10.0b | RM 896.3m | 51.5x | 67.5x | 6.1x |
| Sat, 18 May 2024 | RM 55.2b | RM 9.8b | RM 813.8m | 45.9x | 67.9x | 5.7x |
| Mon, 15 Apr 2024 | RM 51.5b | RM 9.7b | RM 810.1m | 44.8x | 63.6x | 5.3x |
| Wed, 13 Mar 2024 | RM 49.8b | RM 9.7b | RM 808.3m | 39.6x | 61.6x | 5.1x |
| Fri, 09 Feb 2024 | RM 49.1b | RM 9.9b | RM 836.7m | 36.1x | 58.6x | 5x |
| Sun, 07 Jan 2024 | RM 51.2b | RM 9.9b | RM 839.3m | 38.7x | 61x | 5.2x |
| Tue, 05 Dec 2023 | RM 49.3b | RM 9.9b | RM 842.8m | 35.2x | 58.5x | 5x |
| Thu, 02 Nov 2023 | RM 47.8b | RM 9.9b | RM 956.8m | 36.3x | 49.9x | 4.8x |
| Sat, 30 Sep 2023 | RM 50.1b | RM 10.0b | RM 1.0b | 36.5x | 49.3x | 5x |
| Mon, 28 Aug 2023 | RM 51.0b | RM 10.3b | RM 1.2b | 37.4x | 41.6x | 4.9x |
| Wed, 26 Jul 2023 | RM 53.2b | RM 10.5b | RM 1.3b | 37.6x | 40.9x | 5.1x |
| Fri, 23 Jun 2023 | RM 48.7b | RM 9.0b | RM 1.3b | 34.7x | 37.3x | 5.4x |
Price to Earnings Ratio
37.3x
Current Industry PE
- Investors are optimistic on the Malaysian Semiconductor industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 375x which is higher than its 3-year average PE of 89.3x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have declined 50% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.6% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 0.34% | |
| Tech | 5.46% | |
| Semiconductors | 6.92% | |
| Semiconductor Equipment | 10.02% | |
| Semiconductors | 4.56% | |
Industry PE
- Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 54.0x.
- Analysts are expecting annual earnings growth of 25.3%, which is lower than the prior year's growth of 62.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings growth rate of 6.3% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| VITROX ViTrox Corporation Berhad | RM 7.62 | 6.4% +RM 871.6m | 130.9% | PE90.1x | |
| GREATEC Greatech Technology Berhad | RM 2.66 | 10.4% +RM 628.6m | 59.3% | PE87x | |
| MPI Malaysian Pacific Industries Berhad | RM 49.30 | 5.3% +RM 498.5m | 149.0% | PE52.5x | |
| DNEX Dagang NeXchange Berhad | RM 0.40 | 19.7% +RM 226.0m | 36.2% | PS1.4x | |
| MI Mi Technovation Berhad | RM 4.94 | 2.3% +RM 97.4m | 174.4% | PE40.9x |