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Malaysian (KLSE) Renewable Energy Industry Analysis
UpdatedNov 25, 2024
DataAggregated Company Financials
Companies3
- 7D-1.7%
- 3M-5.7%
- 1Y21.2%
- YTD20.5%
In the last week, the Renewable Energy industry is up 1.7%, with Mega First Corporation Berhad up 1.9%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | RM 8.1b | RM 10.5b | RM 181.6m | 5.1x | 44.4x | 0.8x |
| Wed, 23 Oct 2024 | RM 8.5b | RM 10.5b | RM 167.5m | 5.2x | 50.6x | 0.8x |
| Fri, 20 Sep 2024 | RM 9.2b | RM 10.5b | RM 167.5m | 5.5x | 55.1x | 0.9x |
| Sun, 18 Aug 2024 | RM 9.1b | RM 10.5b | -RM 358,505,000.00 | 10.5x | -25.4x | 0.9x |
| Tue, 16 Jul 2024 | RM 8.8b | RM 10.5b | -RM 358,505,000.00 | 11.4x | -24.5x | 0.8x |
| Thu, 13 Jun 2024 | RM 8.7b | RM 10.5b | -RM 358,506,000.00 | 10.9x | -24.3x | 0.8x |
| Sat, 11 May 2024 | RM 7.9b | RM 10.6b | -RM 522,547,000.00 | 11.8x | -15.1x | 0.7x |
| Mon, 08 Apr 2024 | RM 7.4b | RM 10.6b | -RM 522,547,000.00 | 10.8x | -14.1x | 0.7x |
| Wed, 06 Mar 2024 | RM 6.8b | RM 10.6b | -RM 522,547,000.00 | 9.6x | -13x | 0.6x |
| Fri, 02 Feb 2024 | RM 7.0b | RM 11.3b | -RM 149,457,000.00 | 10.3x | -46.8x | 0.6x |
| Sun, 31 Dec 2023 | RM 6.7b | RM 11.3b | -RM 149,457,000.00 | 9.7x | -44.7x | 0.6x |
| Tue, 28 Nov 2023 | RM 6.6b | RM 11.3b | -RM 87,729,000.00 | 6.7x | -75.2x | 0.6x |
| Thu, 26 Oct 2023 | RM 6.2b | RM 12.4b | RM 90.4m | 5.8x | 68.3x | 0.5x |
| Sat, 23 Sep 2023 | RM 6.2b | RM 12.4b | RM 90.4m | 5.8x | 68.2x | 0.5x |
| Mon, 21 Aug 2023 | RM 6.4b | RM 12.3b | RM 561.6m | 8.1x | 11.3x | 0.5x |
| Wed, 19 Jul 2023 | RM 6.1b | RM 12.3b | RM 561.6m | 7.8x | 10.9x | 0.5x |
| Fri, 16 Jun 2023 | RM 5.9b | RM 12.3b | RM 561.6m | 7.8x | 10.6x | 0.5x |
| Sun, 14 May 2023 | RM 6.5b | RM 11.8b | RM 699.8m | 8x | 9.4x | 0.6x |
| Tue, 11 Apr 2023 | RM 6.7b | RM 11.8b | RM 699.8m | 8.3x | 9.6x | 0.6x |
| Thu, 09 Mar 2023 | RM 6.9b | RM 11.8b | RM 699.8m | 8.5x | 9.8x | 0.6x |
| Sat, 04 Feb 2023 | RM 6.8b | RM 10.7b | RM 836.8m | 6.6x | 8.2x | 0.6x |
| Mon, 02 Jan 2023 | RM 6.4b | RM 10.7b | RM 836.8m | 6.1x | 7.6x | 0.6x |
| Wed, 30 Nov 2022 | RM 6.4b | RM 9.1b | RM 813.7m | 6.2x | 7.9x | 0.7x |
| Fri, 28 Oct 2022 | RM 6.2b | RM 8.9b | RM 737.7m | 11.9x | 8.4x | 0.7x |
| Sun, 25 Sep 2022 | RM 6.7b | RM 8.9b | RM 737.7m | 13.3x | 9.1x | 0.7x |
| Tue, 23 Aug 2022 | RM 6.7b | RM 8.2b | RM 720.8m | 9.9x | 9.2x | 0.8x |
| Thu, 21 Jul 2022 | RM 6.4b | RM 8.0b | RM 707.3m | 9.6x | 9x | 0.8x |
| Sat, 18 Jun 2022 | RM 6.2b | RM 8.0b | RM 707.3m | 9.2x | 8.8x | 0.8x |
| Mon, 16 May 2022 | RM 6.6b | RM 7.4b | RM 707.0m | 9.6x | 9.3x | 0.9x |
| Wed, 13 Apr 2022 | RM 6.5b | RM 7.4b | RM 707.0m | 9.5x | 9.2x | 0.9x |
| Fri, 11 Mar 2022 | RM 6.3b | RM 7.4b | RM 701.1m | 9.3x | 9x | 0.9x |
| Sun, 06 Feb 2022 | RM 6.9b | RM 6.9b | RM 612.9m | 11x | 11.3x | 1x |
| Tue, 04 Jan 2022 | RM 7.0b | RM 6.9b | RM 612.9m | 11.1x | 11.4x | 1x |
| Thu, 02 Dec 2021 | RM 7.0b | RM 6.9b | RM 612.9m | 11.2x | 11.4x | 1x |
Price to Earnings Ratio
11.4x
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 35% 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 | 0.094% | |
| Utilities | -3.23% | |
| Renewable Energy | -1.67% | |
| Renewable Energy | 3.33% | |
| Independent Power Producers and Energy Traders | -6.36% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 8.5x.
- Analysts are expecting annual earnings growth of 2.3%, which is lower than the prior year's growth of 13.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 67% over the next 5 years.
- However this is lower than its past earnings growth rate of 220% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 2.3% 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 | |
|---|---|---|---|---|---|
| MFCB Mega First Corporation Berhad | RM 4.35 | 2.4% +RM 94.3m | 20.2% | PE9.3x |