We Like These Underlying Return On Capital Trends At YTL Power International Berhad (KLSE:YTLPOWR)
Nov 14
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Utilities Sector Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies13
- 7D-0.7%
- 3M-2.9%
- 1Y4.9%
- YTD-6.9%
Over the last 7 days, the Utilities industry has remained flat, although notably YTL Power International Berhad declined by 3.3%. The past year has been better, since the industry has gained 4.9% in that time. Looking forward, earnings are forecast to grow by 5.5% annually.
Sector Valuation and Performance
Has the Malaysian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Nov 2025 | RM 195.4b | RM 145.8b | RM 12.2b | 15.4x | 16x | 1.3x |
| Mon, 13 Oct 2025 | RM 200.1b | RM 145.9b | RM 12.0b | 16.1x | 16.7x | 1.4x |
| Wed, 10 Sep 2025 | RM 196.2b | RM 145.9b | RM 12.0b | 15.8x | 16.3x | 1.3x |
| Fri, 08 Aug 2025 | RM 198.8b | RM 148.7b | RM 12.8b | 14.3x | 15.5x | 1.3x |
| Sun, 06 Jul 2025 | RM 197.5b | RM 148.7b | RM 12.8b | 13.9x | 15.4x | 1.3x |
| Tue, 03 Jun 2025 | RM 180.4b | RM 148.7b | RM 12.8b | 12.7x | 14.1x | 1.2x |
| Thu, 01 May 2025 | RM 181.9b | RM 149.2b | RM 12.8b | 14.8x | 14.2x | 1.2x |
| Sat, 29 Mar 2025 | RM 178.0b | RM 149.2b | RM 12.8b | 14.5x | 13.9x | 1.2x |
| Mon, 24 Feb 2025 | RM 181.6b | RM 148.5b | RM 12.5b | 13.5x | 14.6x | 1.2x |
| Wed, 22 Jan 2025 | RM 191.3b | RM 147.5b | RM 12.1b | 13.4x | 15.8x | 1.3x |
| Fri, 20 Dec 2024 | RM 195.3b | RM 147.5b | RM 12.1b | 14.4x | 16.1x | 1.3x |
| Sun, 17 Nov 2024 | RM 182.8b | RM 145.3b | RM 11.7b | 12.2x | 15.6x | 1.3x |
| Tue, 15 Oct 2024 | RM 194.2b | RM 145.3b | RM 11.8b | 12.6x | 16.5x | 1.3x |
| Thu, 12 Sep 2024 | RM 193.6b | RM 145.3b | RM 11.8b | 12.3x | 16.4x | 1.3x |
| Sat, 10 Aug 2024 | RM 205.2b | RM 146.0b | RM 10.2b | 17.9x | 20.2x | 1.4x |
| Mon, 08 Jul 2024 | RM 220.7b | RM 146.0b | RM 10.2b | 19.3x | 21.7x | 1.5x |
| Wed, 05 Jun 2024 | RM 208.0b | RM 146.0b | RM 10.2b | 18.9x | 20.5x | 1.4x |
| Fri, 03 May 2024 | RM 193.4b | RM 147.2b | RM 10.0b | 18x | 19.4x | 1.3x |
| Sun, 31 Mar 2024 | RM 176.7b | RM 147.2b | RM 10.0b | 18.1x | 17.7x | 1.2x |
| Tue, 27 Feb 2024 | RM 177.1b | RM 150.6b | RM 10.2b | 14.4x | 17.4x | 1.2x |
| Thu, 25 Jan 2024 | RM 169.0b | RM 150.1b | RM 9.4b | 14.7x | 17.9x | 1.1x |
| Sat, 23 Dec 2023 | RM 147.8b | RM 150.1b | RM 9.4b | 11x | 15.7x | 1x |
| Mon, 20 Nov 2023 | RM 143.0b | RM 153.1b | RM 8.5b | 11.1x | 16.8x | 0.9x |
| Wed, 18 Oct 2023 | RM 137.8b | RM 152.8b | RM 8.5b | 9.4x | 16.3x | 0.9x |
| Fri, 15 Sep 2023 | RM 138.2b | RM 152.8b | RM 8.5b | 9.3x | 16.3x | 0.9x |
| Sun, 13 Aug 2023 | RM 129.3b | RM 149.0b | RM 8.5b | 10x | 15.3x | 0.9x |
| Tue, 11 Jul 2023 | RM 120.0b | RM 149.0b | RM 8.5b | 9.8x | 14.2x | 0.8x |
| Thu, 08 Jun 2023 | RM 119.6b | RM 149.0b | RM 8.5b | 10x | 14.1x | 0.8x |
| Sat, 06 May 2023 | RM 115.2b | RM 145.7b | RM 8.5b | 11x | 13.6x | 0.8x |
| Mon, 03 Apr 2023 | RM 113.7b | RM 145.7b | RM 8.5b | 10.4x | 13.4x | 0.8x |
| Wed, 01 Mar 2023 | RM 113.3b | RM 145.5b | RM 8.5b | 10.8x | 13.3x | 0.8x |
| Fri, 27 Jan 2023 | RM 114.5b | RM 141.0b | RM 8.4b | 12.2x | 13.7x | 0.8x |
| Sun, 25 Dec 2022 | RM 111.4b | RM 141.0b | RM 8.4b | 11.7x | 13.3x | 0.8x |
| Tue, 22 Nov 2022 | RM 106.5b | RM 130.7b | RM 8.4b | 12.7x | 12.7x | 0.8x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are relatively neutral on the Malaysian Utilities 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 15.9x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 3.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Utilities sector?
| MY Market | 0.083% | |
| Utilities | -0.69% | |
| Water Utilities | 1.94% | |
| Electric Utilities | 1.51% | |
| Gas Utilities | -0.018% | |
| Other Utilities | -3.23% | |
| Renewable Energy | -6.38% | |
Industry PE
- Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 25.6x.
- Analysts are expecting annual earnings growth of 14.8%, which is lower than the prior year's growth of 24.9% per year.
- Investors are most pessimistic about the Other Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.9x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Gas Utilities industry is expected to see its earnings grow by 2.4% 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 | |
|---|---|---|---|---|---|
| TENAGA Tenaga Nasional Berhad | RM 13.42 | 1.5% +RM 1.2b | -5.5% | PE16.5x | |
| PETGAS PETRONAS Gas Berhad | RM 18.60 | 0.5% +RM 197.9m | 5.6% | PE20.1x | |
| RANHILL Ranhill Utilities Berhad | RM 1.79 | 2.9% +RM 64.8m | 28.8% | PE46x | |
| SALCON Salcon Berhad | RM 0.26 | 6.3% +RM 17.0m | -10.5% | PE16.1x | |
| EDEN Eden Berhad | RM 0.17 | 6.3% +RM 5.1m | 17.2% | PE3.9x |
