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Malaysian (KLSE) Utilities Sector Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies13
- 7D-0.5%
- 3M-8.1%
- 1Y-11.5%
- YTD-9.6%
Over the last 7 days, the Utilities industry has remained flat. As for the longer term, the industry has declined 12% in the last year.
Sector Valuation and Performance
Has the Malaysian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | RM110.9b | RM98.3b | RM6.6b | 13.4x |
| Mon, 01 Nov 2021 | RM115.2b | RM94.8b | RM6.5b | 14.6x |
| Wed, 29 Sep 2021 | RM116.1b | RM94.8b | RM6.5b | 14.6x |
| Fri, 27 Aug 2021 | RM118.8b | RM94.9b | RM6.5b | 15.7x |
| Sat, 03 Jul 2021 | RM113.4b | RM94.9b | RM6.5b | 14.7x |
| Tue, 06 Apr 2021 | RM117.2b | RM91.6b | RM6.9b | 16.4x |
| Fri, 08 Jan 2021 | RM122.5b | RM93.2b | RM6.5b | 16.9x |
| Thu, 01 Oct 2020 | RM119.5b | RM96.3b | RM5.8b | 18.6x |
| Sun, 05 Jul 2020 | RM127.9b | RM99.6b | RM5.8b | 19.4x |
| Wed, 08 Apr 2020 | RM123.4b | RM104.6b | RM6.7b | 17x |
| Tue, 31 Dec 2019 | RM138.3b | RM106.3b | RM7.7b | 16.8x |
| Fri, 04 Oct 2019 | RM138.8b | RM106.0b | RM6.5b | 17.8x |
| Mon, 08 Jul 2019 | RM144.3b | RM105.1b | RM6.0b | 19.4x |
| Sun, 31 Mar 2019 | RM138.1b | RM103.3b | RM6.1b | 20.2x |
| Wed, 02 Jan 2019 | RM144.5b | RM100.8b | RM6.7b | 20.5x |
PE Ratio
20.5x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 13.5x which is lower than its 3-year average PE of 17.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Utilities industry have declined 16% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, 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 Utilities sector?
| Gas Utilities | 2.28% | |
| Renewable Energy | -0.47% | |
| Water Utilities | -1.52% | |
| Electric Utilities | -1.92% | |
| Other Utilities | -2.68% | |
Industry PE: Investors are most optimistic about the Water Utilities industry even though it's trading below its 3-year average PE ratio of 23.6x. However analysts are expecting annual earnings growth of 9.3%, which is lower than the prior year's growth of 48% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 14.5x.
Forecasted Growth: Analysts are most optimistic on the Other Utilities industry, expecting annual earnings growth of 43% over the next 5 years. Meanwhile, the Gas Utilities industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| PETGAS PETRONAS Gas Berhad | 2.4%+RM791.5m | -3.7% | PE16.3x | |
| MFCB Mega First Corporation Berhad | 1.5%+RM46.5m | -2.8% | PE9.5x | |
| GASMSIA Gas Malaysia Berhad | 0.8%+RM25.7m | -1.8% | PE13.7x | |
| SALCON Salcon Berhad | 9.8%+RM19.1m | -19.6% | PE12.8x |
