Results: Media Prima Berhad Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 31
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Malaysian (KLSE) Media Industry Analysis
UpdatedAug 30, 2024
DataAggregated Company Financials
Companies8
- 7D-5.8%
- 3M-16.4%
- 1Y-38.2%
- YTD-26.0%
Over the last 7 days, the Media industry has dropped 5.8%, driven by Astro Malaysia Holdings Berhad declining 5.9%. Meanwhile, Star Media Group Berhad actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 38% in 12 months. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Malaysian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 31 Aug 2024 | RM 2.4b | RM 4.6b | RM 119.5m | 20x | 20.2x | 0.5x |
| Mon, 29 Jul 2024 | RM 2.6b | RM 4.7b | RM 97.1m | 23.8x | 27x | 0.6x |
| Wed, 26 Jun 2024 | RM 2.9b | RM 4.8b | RM 99.4m | 26.9x | 29.3x | 0.6x |
| Fri, 24 May 2024 | RM 2.9b | RM 4.8b | RM 102.8m | 18.9x | 28.7x | 0.6x |
| Sun, 21 Apr 2024 | RM 2.8b | RM 4.8b | RM 101.5m | 16.5x | 27.5x | 0.6x |
| Tue, 19 Mar 2024 | RM 2.8b | RM 5.1b | RM 116.8m | 15.4x | 23.9x | 0.5x |
| Thu, 15 Feb 2024 | RM 3.2b | RM 5.1b | RM 83.6m | 15.2x | 38.1x | 0.6x |
| Sat, 13 Jan 2024 | RM 3.1b | RM 5.1b | RM 85.9m | 16.6x | 35.9x | 0.6x |
| Mon, 11 Dec 2023 | RM 3.1b | RM 5.2b | RM 128.4m | 14.8x | 23.9x | 0.6x |
| Wed, 08 Nov 2023 | RM 3.4b | RM 5.1b | RM 125.2m | 15.7x | 27x | 0.7x |
| Fri, 06 Oct 2023 | RM 3.5b | RM 5.1b | RM 124.4m | 15.1x | 28.3x | 0.7x |
| Sun, 03 Sep 2023 | RM 3.8b | RM 5.2b | RM 199.3m | 13.4x | 19x | 0.7x |
| Tue, 01 Aug 2023 | RM 3.9b | RM 5.2b | RM 205.2m | 10x | 19x | 0.7x |
| Thu, 29 Jun 2023 | RM 4.1b | RM 5.2b | RM 202.6m | 11.2x | 20.3x | 0.8x |
| Sat, 27 May 2023 | RM 4.3b | RM 5.3b | RM 282.6m | 12.3x | 15.2x | 0.8x |
| Mon, 24 Apr 2023 | RM 4.8b | RM 5.3b | RM 285.9m | 14.1x | 16.9x | 0.9x |
| Wed, 22 Mar 2023 | RM 4.7b | RM 5.3b | RM 355.4m | 14.5x | 13.3x | 0.9x |
| Fri, 17 Feb 2023 | RM 4.2b | RM 5.4b | RM 321.0m | 9.5x | 13.1x | 0.8x |
| Sun, 15 Jan 2023 | RM 4.2b | RM 5.4b | RM 317.4m | 9.6x | 13.2x | 0.8x |
| Tue, 13 Dec 2022 | RM 4.7b | RM 5.5b | RM 417.5m | 8.7x | 11.4x | 0.9x |
| Thu, 10 Nov 2022 | RM 4.4b | RM 5.5b | RM 354.0m | 8x | 12.3x | 0.8x |
| Sat, 08 Oct 2022 | RM 4.8b | RM 5.5b | RM 342.7m | 8.5x | 14.1x | 0.9x |
| Mon, 05 Sep 2022 | RM 5.4b | RM 5.6b | RM 331.4m | 9.5x | 16.3x | 1x |
| Wed, 03 Aug 2022 | RM 5.7b | RM 5.6b | RM 279.6m | 10.2x | 20.3x | 1x |
| Fri, 01 Jul 2022 | RM 5.7b | RM 5.6b | RM 278.4m | 9.6x | 20.6x | 1x |
| Sun, 29 May 2022 | RM 6.2b | RM 5.7b | RM 319.1m | 10.9x | 19.3x | 1.1x |
| Tue, 26 Apr 2022 | RM 6.9b | RM 5.7b | RM 314.1m | 14.1x | 22x | 1.2x |
| Thu, 24 Mar 2022 | RM 7.2b | RM 5.8b | RM 355.7m | 14.3x | 20.3x | 1.2x |
| Sat, 19 Feb 2022 | RM 6.6b | RM 5.8b | RM 326.9m | 13.3x | 20.2x | 1.1x |
| Mon, 17 Jan 2022 | RM 6.6b | RM 5.8b | RM 329.3m | 13.1x | 19.9x | 1.1x |
| Wed, 15 Dec 2021 | RM 6.3b | RM 5.8b | RM 329.2m | 12.6x | 19.1x | 1.1x |
| Fri, 12 Nov 2021 | RM 6.5b | RM 5.8b | RM 476.0m | 15.4x | 13.6x | 1.1x |
| Sun, 10 Oct 2021 | RM 6.8b | RM 5.8b | RM 483.5m | 15x | 14.1x | 1.2x |
| Tue, 07 Sep 2021 | RM 7.3b | RM 5.9b | RM 531.2m | 17.9x | 13.8x | 1.2x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are relatively neutral on the Malaysian Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.7x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 39% per year over the last three years,
- Revenues have also declined 7.7% 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 Telecom industry?
| MY Market | -1.15% | |
| Telecom | 4.61% | |
| Media | -5.85% | |
| Publishing | 6.73% | |
| Cable and Satellite | 0% | |
| Advertising | -1.77% | |
| Broadcasting | -8.87% | |
Industry PE
- Investors are most optimistic about the Publishing industry which is trading above its 3-year average PE ratio of 11.5x.
- Analysts are expecting annual earnings growth of 19.7%, which is lower than the prior year's growth of 67.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Publishing 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 | |
|---|---|---|---|---|---|
| STAR Star Media Group Berhad | RM 0.47 | 10.7% +RM 32.6m | 16.3% | PE26.2x | |
| INNITY Innity Corporation Berhad | RM 0.38 | 13.4% +RM 6.3m | -9.5% | PS0.5x | |
| MEDIA Media Prima Berhad | RM 0.47 | 1.1% +RM 5.5m | 5.6% | PE8.7x | |
| SJC Seni Jaya Corporation Berhad | RM 0.23 | 4.5% +RM 2.1m | -52.6% | PE3.1x |
