Malakoff Corporation Berhad's (KLSE:MALAKOF) Price Is Right But Growth Is Lacking
Dec 26
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Malaysian (KLSE) Renewable Energy Industry Analysis
UpdatedDec 27, 2024
DataAggregated Company Financials
Companies3
- 7D2.9%
- 3M-3.8%
- 1Y24.2%
- YTD23.4%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Malakoff Corporation Berhad gained 6.4%. As for the the longer term, the industry is up 21% over the past 12 months. As for the next few years, earnings are expected to grow by 28% per annum.
Industry Valuation and Performance
Has the Malaysian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Dec 2024 | RM 8.3b | RM 10.6b | RM 352.4m | 5.2x | 23.4x | 0.8x |
| Sun, 24 Nov 2024 | RM 8.1b | RM 10.5b | RM 181.6m | 5.1x | 44.4x | 0.8x |
| Tue, 22 Oct 2024 | RM 8.5b | RM 10.5b | RM 167.5m | 5.3x | 50.5x | 0.8x |
| Thu, 19 Sep 2024 | RM 9.1b | RM 10.5b | RM 167.5m | 5.5x | 54.1x | 0.9x |
| Sat, 17 Aug 2024 | RM 9.1b | RM 10.5b | -RM 358,505,000.00 | 10.5x | -25.4x | 0.9x |
| Mon, 15 Jul 2024 | RM 8.8b | RM 10.5b | -RM 358,505,000.00 | 11.5x | -24.6x | 0.8x |
| Wed, 12 Jun 2024 | RM 8.7b | RM 10.5b | -RM 358,506,000.00 | 10.9x | -24.3x | 0.8x |
| Fri, 10 May 2024 | RM 7.9b | RM 10.6b | -RM 522,547,000.00 | 11.8x | -15.1x | 0.7x |
| Sun, 07 Apr 2024 | RM 7.4b | RM 10.6b | -RM 522,547,000.00 | 10.8x | -14.1x | 0.7x |
| Tue, 05 Mar 2024 | RM 6.8b | RM 10.6b | -RM 522,547,000.00 | 9.6x | -13x | 0.6x |
| Thu, 01 Feb 2024 | RM 7.0b | RM 11.3b | -RM 149,457,000.00 | 10.3x | -46.8x | 0.6x |
| Sat, 30 Dec 2023 | RM 6.7b | RM 11.3b | -RM 149,457,000.00 | 9.7x | -44.7x | 0.6x |
| Mon, 27 Nov 2023 | RM 6.6b | RM 11.3b | -RM 87,729,000.00 | 6.8x | -75.6x | 0.6x |
| Wed, 25 Oct 2023 | RM 6.2b | RM 12.4b | RM 90.4m | 5.8x | 68.5x | 0.5x |
| Fri, 22 Sep 2023 | RM 6.1b | RM 12.4b | RM 90.4m | 5.6x | 67.8x | 0.5x |
| Sun, 20 Aug 2023 | RM 6.4b | RM 12.3b | RM 561.6m | 8.1x | 11.3x | 0.5x |
| Tue, 18 Jul 2023 | RM 6.2b | RM 12.3b | RM 561.6m | 8x | 11x | 0.5x |
| Thu, 15 Jun 2023 | RM 6.0b | RM 12.3b | RM 561.6m | 7.8x | 10.6x | 0.5x |
| Sat, 13 May 2023 | RM 6.5b | RM 11.8b | RM 699.8m | 8x | 9.4x | 0.6x |
| Mon, 10 Apr 2023 | RM 6.7b | RM 11.8b | RM 699.8m | 8.3x | 9.6x | 0.6x |
| Wed, 08 Mar 2023 | RM 6.9b | RM 11.8b | RM 699.8m | 8.5x | 9.9x | 0.6x |
| Fri, 03 Feb 2023 | RM 6.9b | RM 10.7b | RM 836.8m | 6.7x | 8.2x | 0.6x |
| Sun, 01 Jan 2023 | RM 6.4b | RM 10.7b | RM 836.8m | 6.1x | 7.6x | 0.6x |
| Tue, 29 Nov 2022 | RM 6.4b | RM 9.1b | RM 813.7m | 6.1x | 7.8x | 0.7x |
| Thu, 27 Oct 2022 | RM 6.2b | RM 8.9b | RM 737.7m | 12x | 8.5x | 0.7x |
| Sat, 24 Sep 2022 | RM 6.7b | RM 8.9b | RM 737.7m | 13.3x | 9.1x | 0.7x |
| Mon, 22 Aug 2022 | RM 6.8b | RM 8.2b | RM 720.8m | 10.1x | 9.4x | 0.8x |
| Wed, 20 Jul 2022 | RM 6.3b | RM 8.0b | RM 707.3m | 9.6x | 8.9x | 0.8x |
| Fri, 17 Jun 2022 | RM 6.4b | RM 8.0b | RM 707.3m | 9.4x | 9x | 0.8x |
| Sun, 15 May 2022 | RM 6.6b | RM 7.4b | RM 707.0m | 9.6x | 9.3x | 0.9x |
| Tue, 12 Apr 2022 | RM 6.6b | RM 7.4b | RM 707.0m | 9.6x | 9.3x | 0.9x |
| Thu, 10 Mar 2022 | RM 6.2b | RM 7.4b | RM 701.1m | 9.3x | 8.9x | 0.8x |
| Sat, 05 Feb 2022 | RM 6.9b | RM 6.9b | RM 612.9m | 11x | 11.3x | 1x |
| Mon, 03 Jan 2022 | RM 6.9b | RM 6.9b | RM 612.9m | 11x | 11.2x | 1x |
Price to Earnings Ratio
11.2x
Current Industry PE
- There are only 3 companies in the Malaysian Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 17% per year over the last three years.
- Meanwhile revenues for these companies have grown 15% per year.
- This means that although more sales are being generated, 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 industry?
| MY Market | 0.89% | |
| Utilities | 2.31% | |
| Renewable Energy | 2.87% | |
| Independent Power Producers and Energy Traders | 6.42% | |
| Renewable Energy | -0.46% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 8.6x.
- Analysts are expecting annual earnings decline of 0.4%, which is lower than the prior year's growth of 23.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 58% over the next 5 years.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MALAKOF Malakoff Corporation Berhad | RM 0.83 | 7.7% +RM 293.2m | 31.5% | PS0.4x | |
| MFCB Mega First Corporation Berhad | RM 4.47 | 2.3% +RM 94.3m | 21.1% | PE9.6x | |
| EDEN Eden Berhad | RM 0.15 | 3.3% +RM 2.5m | -29.5% | PE1x |