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Malaysian (KLSE) Water Utilities Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies5
  • 7D2.1%
  • 3M-2.7%
  • 1Y2.8%
  • YTD3.3%

The Water Utilities industry has been flat over the last week, but Salcon Berhad has lost 4.1%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Malaysian Water Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026RM 4.3bRM 3.8bRM 198.0m12.7x21.9x1.2x
Fri, 26 Dec 2025RM 4.2bRM 3.8bRM 198.0m13.7x21.4x1.1x
Sun, 23 Nov 2025RM 4.4bRM 3.7bRM 178.4m14.1x24.6x1.2x
Tue, 21 Oct 2025RM 4.5bRM 3.9bRM 144.2m16.6x31.2x1.2x
Thu, 18 Sep 2025RM 4.7bRM 3.9bRM 144.2m16.2x32.3x1.2x
Sat, 16 Aug 2025RM 3.9bRM 3.9bRM 174.8m14.5x22.5x1x
Mon, 14 Jul 2025RM 4.1bRM 3.9bRM 174.8m15.6x23.3x1x
Wed, 11 Jun 2025RM 3.9bRM 3.9bRM 174.8m15.8x22.4x1x
Fri, 09 May 2025RM 4.1bRM 3.8bRM 152.6m18.9x26.7x1.1x
Sun, 06 Apr 2025RM 4.0bRM 3.8bRM 153.0m19.3x26.2x1.1x
Tue, 04 Mar 2025RM 4.2bRM 3.8bRM 153.0m19.1x27.2x1.1x
Thu, 30 Jan 2025RM 4.2bRM 3.8bRM 186.6m20.7x22.4x1.1x
Sat, 28 Dec 2024RM 4.6bRM 3.8bRM 186.6m22x24.8x1.2x
Mon, 25 Nov 2024RM 4.4bRM 3.8bRM 170.4m31.5x25.7x1.2x
Wed, 23 Oct 2024RM 4.5bRM 3.7bRM 182.3m33x24.6x1.2x
Fri, 20 Sep 2024RM 4.7bRM 3.7bRM 182.3m34.2x25.7x1.3x
Sun, 18 Aug 2024RM 4.6bRM 3.6bRM 108.5m37x42.1x1.3x
Tue, 16 Jul 2024RM 4.9bRM 3.6bRM 114.0m37.5x42.7x1.3x
Thu, 13 Jun 2024RM 4.9bRM 3.6bRM 114.0m37.2x42.7x1.3x
Sat, 11 May 2024RM 4.6bRM 3.6bRM 116.8m27.1x39.2x1.3x
Mon, 08 Apr 2024RM 4.0bRM 3.6bRM 114.4m20.7x35.1x1.1x
Wed, 06 Mar 2024RM 3.9bRM 3.6bRM 114.4m21.4x34.4x1.1x
Fri, 02 Feb 2024RM 4.4bRM 3.4bRM 138.5m14.5x31.5x1.3x
Sun, 31 Dec 2023RM 3.8bRM 3.4bRM 138.5m11.1x27.3x1.1x
Tue, 28 Nov 2023RM 3.7bRM 3.4bRM 138.5m11.1x26.6x1.1x
Thu, 26 Oct 2023RM 3.0bRM 3.2bRM 172.2m7.4x17.2x0.9x
Sat, 23 Sep 2023RM 3.1bRM 3.2bRM 172.2m8.1x17.7x1x
Mon, 21 Aug 2023RM 3.0bRM 3.1bRM 195.9m7.7x15.6x1x
Wed, 19 Jul 2023RM 2.9bRM 3.0bRM 190.8m6.8x15.4x1x
Fri, 16 Jun 2023RM 2.9bRM 3.0bRM 190.8m6.9x15.4x1x
Sun, 14 May 2023RM 3.0bRM 2.9bRM 187.3m8x16.1x1.1x
Tue, 11 Apr 2023RM 3.0bRM 2.8bRM 161.5m7.4x18.7x1.1x
Thu, 09 Mar 2023RM 2.9bRM 2.8bRM 161.5m6.5x18x1x
Sat, 04 Feb 2023RM 3.0bRM 2.7bRM 145.4m22.1x20.7x1.1x
Price to Earnings Ratio

20.7x


Total Market Cap: RM 3.0bTotal Earnings: RM 145.4mTotal Revenue: RM 2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Water Utilities Industry Price to Earnings3Y Average 25.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Water 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 21.6x which is lower than its 3-year average PE of 25.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 12% 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 industry?

MY Market2.92%
Utilities0.39%
Water Utilities2.13%
Water2.13%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RANHILL Ranhill Utilities BerhadRM 1.792.9%
+RM 64.8m
46.7%PE46x
PBA PBA Holdings BhdRM 2.003.1%
+RM 19.9m
1.0%PE4.6x
TALIWRK Taliworks Corporation BerhadRM 0.481.0%
+RM 10.1m
-38.2%PE11.4x
PUNCAK Puncak Niaga Holdings BerhadRM 0.237.0%
+RM 6.7m
7.0%PS0.5x

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