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Malaysian (KLSE) Renewable Energy Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies4
  • 7D-5.4%
  • 3M4.8%
  • 1Y-5.4%
  • YTD-4.1%

Over the last 7 days, the Renewable Energy industry has risen 1.0%, driven by gains from every company within the industry. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jun 2026RM 7.4bRM 8.4bRM 465.3m9x15.8x0.9x
Tue, 05 May 2026RM 7.7bRM 9.1bRM 479.7m10.9x16x0.8x
Thu, 02 Apr 2026RM 7.1bRM 9.1bRM 479.7m10.7x14.8x0.8x
Sat, 28 Feb 2026RM 7.2bRM 9.4bRM 553.8m10.9x12.9x0.8x
Mon, 26 Jan 2026RM 7.6bRM 10.1bRM 552.7m12.2x13.8x0.8x
Wed, 24 Dec 2025RM 7.6bRM 10.1bRM 552.7m13.3x13.8x0.8x
Fri, 21 Nov 2025RM 7.9bRM 10.4bRM 582.2m8.1x13.6x0.8x
Sun, 19 Oct 2025RM 8.8bRM 10.4bRM 582.2m8.8x15.2x0.9x
Tue, 16 Sep 2025RM 8.3bRM 10.4bRM 582.2m8.6x14.3x0.8x
Thu, 14 Aug 2025RM 8.1bRM 10.6bRM 694.2m7.8x11.6x0.8x
Sat, 12 Jul 2025RM 7.7bRM 10.6bRM 694.2m8.1x11.1x0.7x
Mon, 09 Jun 2025RM 7.5bRM 10.6bRM 694.2m8.4x10.8x0.7x
Wed, 07 May 2025RM 7.8bRM 10.9bRM 758.1m8.2x10.3x0.7x
Fri, 04 Apr 2025RM 7.7bRM 10.9bRM 758.1m8.3x10.2x0.7x
Sun, 02 Mar 2025RM 8.0bRM 10.9bRM 758.0m8.5x10.5x0.7x
Tue, 28 Jan 2025RM 8.5bRM 10.6bRM 352.4m5.2x24.3x0.8x
Thu, 26 Dec 2024RM 8.0bRM 10.6bRM 352.4m5.2x22.8x0.8x
Sat, 23 Nov 2024RM 8.1bRM 10.5bRM 181.6m5.1x44.4x0.8x
Mon, 21 Oct 2024RM 8.6bRM 10.5bRM 167.5m5.3x51.1x0.8x
Wed, 18 Sep 2024RM 9.2bRM 10.5bRM 167.5m5.5x54.8x0.9x
Fri, 16 Aug 2024RM 9.1bRM 10.5b-RM 358,505,000.0010.5x-25.3x0.9x
Sun, 14 Jul 2024RM 8.8bRM 10.5b-RM 358,505,000.0011.5x-24.6x0.8x
Tue, 11 Jun 2024RM 8.5bRM 10.5b-RM 358,506,000.0011.1x-23.8x0.8x
Thu, 09 May 2024RM 8.0bRM 10.6b-RM 522,547,000.0011.9x-15.2x0.8x
Sat, 06 Apr 2024RM 7.4bRM 10.6b-RM 522,547,000.0010.8x-14.1x0.7x
Mon, 04 Mar 2024RM 6.8bRM 10.6b-RM 522,547,000.009.5x-13x0.6x
Wed, 31 Jan 2024RM 7.0bRM 11.3b-RM 149,457,000.0010.3x-46.9x0.6x
Fri, 29 Dec 2023RM 6.6bRM 11.3b-RM 149,457,000.009.7x-44.4x0.6x
Sun, 26 Nov 2023RM 6.6bRM 11.3b-RM 87,729,000.006.8x-75.6x0.6x
Tue, 24 Oct 2023RM 6.2bRM 12.4bRM 90.4m5.8x69x0.5x
Thu, 21 Sep 2023RM 6.2bRM 12.4bRM 90.4m5.6x68x0.5x
Sat, 19 Aug 2023RM 6.4bRM 12.3bRM 561.6m8.1x11.3x0.5x
Mon, 17 Jul 2023RM 6.1bRM 12.3bRM 561.6m7.9x10.9x0.5x
Wed, 14 Jun 2023RM 6.0bRM 12.3bRM 561.6m7.9x10.7x0.5x
Price to Earnings Ratio

10.7x


Total Market Cap: RM 6.0bTotal Earnings: RM 561.6mTotal Revenue: RM 12.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Renewable Energy Industry Price to Earnings3Y Average 11x202420252026
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 16.4x which is higher than its 3-year average PE of 11.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have declined 6.1% per year over the last three years,
  • Revenues have also declined 12% 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-0.012%
Utilities-0.34%
Renewable Energy-5.44%
Renewable Energy-4.93%
Independent Power Producers and Energy Traders-5.78%
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 7.0x.
    • Analysts are expecting annual earnings growth of 48.6%, which is higher than its past year's earnings decline of 74.8% 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 49% over the next 5 years.
  • This is better than its past earnings decline of 75% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 2.1% 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
GENERGY Wasco Greenergy BerhadRM 0.475.6%
+RM 12.5m		n/aPE10.7x
EDEN Eden BerhadRM 0.173.0%
+RM 2.5m		17.2%PE2.9x

Latest News

EDEN
RM 0.17
Eden Berhad
7D
3.0%
1Y
17.2%
MALAKOF
RM 0.87
Malakoff Corporation Berhad
7D
-5.9%
1Y
9.4%
MFCB
RM 2.96
Mega First Corporation Berhad
7D
-5.7%
1Y
-21.9%
Narrative Update • Jun 02

MFCB: Upcoming Dividend Timeline Will Support A Positive Long Term View

Analysts have slightly trimmed their price target on Mega First Corporation Berhad to MYR4.13 from MYR4.17, citing updated assumptions that combine a lower discount rate with revised expectations for revenue growth, profit margins and future P/E multiples. What's in the News Mega First Corporation Berhad declared a second and final dividend of MYR0.05 per share for the financial year ended 31 December 2025.
GENERGY
RM 0.47
Wasco Greenergy Berhad
7D
5.6%
1Y
n/a