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Malaysian (KLSE) Renewable Energy Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies4
  • 7D-1.9%
  • 3M-9.6%
  • 1Y-16.0%
  • YTD-8.5%

Over the last 7 days, the Renewable Energy industry has dropped 3.9%, driven by Mega First Corporation Berhad declining 2.9%. However, the industry is down 15% over the past year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Malaysian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026RM 7.0bRM 9.1bRM 479.7m11.1x14.7x0.8x
Mon, 02 Feb 2026RM 7.3bRM 10.1bRM 552.7m11.3x13.2x0.7x
Wed, 31 Dec 2025RM 7.6bRM 10.1bRM 552.7m12.6x13.8x0.8x
Fri, 28 Nov 2025RM 7.6bRM 10.4bRM 586.4m7.8x13x0.7x
Sun, 26 Oct 2025RM 9.0bRM 10.4bRM 582.2m8.8x15.5x0.9x
Tue, 23 Sep 2025RM 8.4bRM 10.4bRM 582.2m8.7x14.4x0.8x
Thu, 21 Aug 2025RM 8.0bRM 10.6bRM 694.2m7.9x11.5x0.7x
Sat, 19 Jul 2025RM 8.0bRM 10.6bRM 694.2m8.1x11.5x0.8x
Mon, 16 Jun 2025RM 7.5bRM 10.6bRM 694.2m8.4x10.8x0.7x
Wed, 14 May 2025RM 8.0bRM 10.9bRM 758.1m8.3x10.5x0.7x
Fri, 11 Apr 2025RM 7.5bRM 10.9bRM 758.1m7.9x9.9x0.7x
Sun, 09 Mar 2025RM 8.0bRM 10.9bRM 758.0m8.4x10.5x0.7x
Tue, 04 Feb 2025RM 8.4bRM 10.6bRM 352.4m5.1x23.7x0.8x
Thu, 02 Jan 2025RM 8.5bRM 10.6bRM 352.4m5.4x24.2x0.8x
Sat, 30 Nov 2024RM 8.1bRM 10.6bRM 352.4m5.1x22.8x0.8x
Mon, 28 Oct 2024RM 8.3bRM 10.5bRM 167.5m5.1x49.8x0.8x
Wed, 25 Sep 2024RM 9.1bRM 10.5bRM 167.5m5.6x54.6x0.9x
Fri, 23 Aug 2024RM 8.6bRM 10.5b-RM 358,505,000.0010.3x-24x0.8x
Sun, 21 Jul 2024RM 8.8bRM 10.5b-RM 358,505,000.0011.2x-24.4x0.8x
Tue, 18 Jun 2024RM 8.3bRM 10.5b-RM 358,505,000.0010.9x-23.1x0.8x
Thu, 16 May 2024RM 7.9bRM 10.6b-RM 522,547,000.0011.9x-15.2x0.8x
Sat, 13 Apr 2024RM 7.3bRM 10.6b-RM 522,547,000.0010.8x-14x0.7x
Mon, 11 Mar 2024RM 6.8bRM 10.6b-RM 522,547,000.009.6x-12.9x0.6x
Wed, 07 Feb 2024RM 7.0bRM 11.3b-RM 149,457,000.0010.3x-46.8x0.6x
Fri, 05 Jan 2024RM 6.8bRM 11.3b-RM 149,457,000.0010x-45.7x0.6x
Sun, 03 Dec 2023RM 6.4bRM 11.3b-RM 149,457,000.009.4x-43x0.6x
Tue, 31 Oct 2023RM 6.2bRM 12.4bRM 90.4m5.9x68.7x0.5x
Thu, 28 Sep 2023RM 6.3bRM 12.4bRM 90.4m5.9x69.2x0.5x
Sat, 26 Aug 2023RM 6.5bRM 12.3bRM 549.4m8.5x11.8x0.5x
Mon, 24 Jul 2023RM 6.1bRM 12.3bRM 561.6m7.9x10.9x0.5x
Wed, 21 Jun 2023RM 5.9bRM 12.3bRM 561.6m7.8x10.5x0.5x
Fri, 19 May 2023RM 6.6bRM 11.8bRM 699.8m8x9.4x0.6x
Sun, 16 Apr 2023RM 6.8bRM 11.8bRM 699.8m8.2x9.7x0.6x
Tue, 14 Mar 2023RM 6.8bRM 11.8bRM 699.8m8.5x9.7x0.6x
Price to Earnings Ratio

9.7x


Total Market Cap: RM 6.8bTotal Earnings: RM 699.8mTotal Revenue: RM 11.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Renewable Energy Industry Price to Earnings3Y Average 10.5x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 10.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have declined 12% per year over the last three years,
  • Revenues have also declined 8.4% 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 Utilities industry?

MY Market-1.06%
Utilities-1.54%
Renewable Energy-1.87%
Independent Power Producers and Energy Traders-1.38%
Renewable Energy-2.46%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 2.9x.
    • Analysts are expecting annual earnings growth of 45.9%, which is higher than its past year's earnings decline of 72.8% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 9.0x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 73% per year.
  • In contrast, the Renewable Energy 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?

CompanyLast Price7D1YValuation
GENERGY Wasco Greenergy BerhadRM 0.681.5%
+RM 5.0m		n/aPE14.9x

Latest News

MFCB
RM 3.00
Mega First Corporation Berhad
7D
-2.9%
1Y
-27.0%

MFCB: Future P/E Repricing Will Support A Stronger Bullish Outlook

Narrative Update on Mega First Corporation Berhad The analyst price target for Mega First Corporation Berhad has been adjusted from MYR5.80 to MYR5.39 as analysts update their assumptions for revenue growth, profit margins, and future P/E expectations. Valuation Changes Fair Value: trimmed from MYR5.80 to MYR5.39, indicating a modest reduction in the implied valuation per share.
EDEN
RM 0.15
Eden Berhad
7D
-6.3%
1Y
-14.3%
GENERGY
RM 0.68
Wasco Greenergy Berhad
7D
1.5%
1Y
n/a
MALAKOF
RM 0.78
Malakoff Corporation Berhad
7D
-1.3%
1Y
-5.5%