Header cover image

Malaysian (KLSE) Utilities Sector Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies13
  • 7D2.3%
  • 3M-2.1%
  • 1Y-2.1%
  • YTD-2.6%

In the last week, the Utilities industry is up 2.3%, with Tenaga Nasional Berhad up 4.8%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 3.1% annually.

Sector Valuation and Performance

Has the Malaysian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022RM109.1bRM139.4bRM8.3b12.5x13.1x0.8x
Tue, 25 Oct 2022RM106.9bRM129.8bRM8.5b13x12.6x0.8x
Thu, 22 Sep 2022RM108.9bRM129.8bRM8.5b13.6x12.8x0.8x
Sat, 20 Aug 2022RM110.4bRM119.1bRM7.4b13.9x15x0.9x
Mon, 18 Jul 2022RM103.1bRM118.6bRM7.3b13.1x14.1x0.9x
Wed, 15 Jun 2022RM107.1bRM118.6bRM7.3b13.8x14.6x0.9x
Fri, 13 May 2022RM110.8bRM109.1bRM6.2b14x18x1x
Sun, 10 Apr 2022RM112.1bRM109.2bRM6.2b14.1x18.2x1x
Tue, 08 Mar 2022RM108.9bRM109.2bRM6.2b13.9x17.7x1x
Thu, 03 Feb 2022RM110.8bRM98.3bRM6.6b13.6x16.8x1.1x
Sat, 01 Jan 2022RM113.8bRM98.3bRM6.6b13.9x17.2x1.2x
Mon, 29 Nov 2021RM111.2bRM97.3bRM6.7b13.5x16.7x1.1x
Wed, 27 Oct 2021RM115.9bRM94.8bRM6.5b14.7x17.8x1.2x
Fri, 24 Sep 2021RM117.1bRM94.8bRM6.5b14.8x18x1.2x
Sun, 22 Aug 2021RM115.0bRM94.9bRM6.5b15x17.7x1.2x
Fri, 09 Jul 2021RM113.4bRM94.9bRM6.5b14.7x17.4x1.2x
Thu, 01 Apr 2021RM117.2bRM91.6bRM6.9b16.4x16.9x1.3x
Sun, 03 Jan 2021RM122.5bRM93.2bRM6.5b16.9x18.9x1.3x
Wed, 07 Oct 2020RM119.5bRM96.3bRM5.8b18.6x20.6x1.2x
Tue, 30 Jun 2020RM127.9bRM99.6bRM5.8b19.4x21.9x1.3x
Fri, 03 Apr 2020RM123.4bRM104.6bRM6.7b17x18.4x1.2x
Mon, 06 Jan 2020RM138.3bRM106.3bRM7.7b16.8x17.9x1.3x
Price to Earnings Ratio

20.5x


Total Market Cap: RM133.2bTotal Earnings: RM6.5bTotal Revenue: RM106.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Utilities Sector Price to Earnings3Y Average 17.6x202020212022
Current Industry PE
  • Investors are pessimistic on the Malaysian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.4x which is lower than its 3-year average PE of 17.6x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 7.8% per year over the last three years.
  • Revenues for these companies have grown 9.2% 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 Market2.46%
Utilities2.29%
Electric Utilities4.77%
Other Utilities4.68%
Renewable Energy2.66%
Water Utilities1.06%
Gas Utilities-1.52%
Industry PE
  • Investors are most optimistic about the Water Utilities industry, which is trading close to its 3-year average PE ratio of 28.2x.
    • Analysts are expecting annual earnings growth of 23.8%, which is lower than the prior year's growth of 27.0% 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.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Other Utilities industry is expected to see its earnings decline by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TENAGA Tenaga Nasional BerhadRM8.784.8%
+RM2.3b
-6.4%PE14.3x
YTLPOWR YTL Power International BerhadRM0.716.8%
+RM364.6m
10.9%PE4.3x
YTL YTL Corporation BerhadRM0.562.8%
+RM164.5m
-5.9%PE12.8x
MALAKOF Malakoff Corporation BerhadRM0.654.0%
+RM122.2m
-14.6%PE12.5x
MFCB Mega First Corporation BerhadRM3.341.8%
+RM56.7m
-1.8%PE6.1x
Simply Wall St‚ĄĘ
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

YTLPOWR

RM0.71

YTL Power International Berhad

7D

6.8%

1Y

10.9%

EDEN

RM0.14

Eden Berhad

7D

-17.6%

1Y

7.7%

PUNCAK

RM0.23

Puncak Niaga Holdings Berhad

7D

9.3%

1Y

-23.0%

YTL

RM0.56

YTL Corporation Berhad

7D

2.8%

1Y

-5.9%

TALIWRK

RM0.89

Taliworks Corporation Berhad

7D

-0.6%

1Y

6.0%

MFCB

RM3.34

Mega First Corporation Berhad

7D

1.8%

1Y

-1.8%

GASMSIA

RM3.35

Gas Malaysia Berhad

7D

-1.5%

1Y

26.4%

RANHILL

RM0.41

Ranhill Utilities Berhad

7D

6.5%

1Y

-32.2%

PBA

RM0.70

PBA Holdings Bhd

7D

-0.7%

1Y

-14.5%

MALAKOF

RM0.65

Malakoff Corporation Berhad

7D

4.0%

1Y

-14.6%