Analysis Article • Aug 21
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- 7D10.2%
- 3M27.5%
- 1Y20.8%
- YTD28.7%
Over the last 7 days, the Water Utilities industry has risen 10%, driven by gains from Ranhill Utilities Berhad of 15%. Meanwhile, Taliworks Corporation Berhad actually underperformed within the industry, shrinking 5.8% in the last week. This means that the industry has gained 21% over the past year. As for the next few years, earnings are expected to grow by 5.7% per annum.
Industry Valuation and Performance
Has the Malaysian Water Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 12 Sep 2026 | RM 5.4b | RM 4.1b | RM 332.2m | 6.2x | 16.2x | 1.3x |
| Mon, 10 Aug 2026 | RM 4.5b | RM 3.7b | RM 235.6m | 6.9x | 19x | 1.2x |
| Wed, 08 Jul 2026 | RM 4.2b | RM 3.7b | RM 235.6m | 9.1x | 18x | 1.1x |
| Fri, 05 Jun 2026 | RM 4.4b | RM 3.7b | RM 235.6m | 9.8x | 18.7x | 1.2x |
| Sun, 03 May 2026 | RM 4.2b | RM 3.8b | RM 237.2m | 16.7x | 17.8x | 1.1x |
| Tue, 31 Mar 2026 | RM 3.9b | RM 3.8b | RM 237.2m | 15.8x | 16.3x | 1x |
| Thu, 26 Feb 2026 | RM 4.1b | RM 3.8b | RM 195.6m | 12.4x | 20.9x | 1.1x |
| Sat, 24 Jan 2026 | RM 4.3b | RM 3.8b | RM 198.0m | 12.8x | 21.7x | 1.1x |
| Mon, 22 Dec 2025 | RM 4.2b | RM 3.8b | RM 198.0m | 12.9x | 21.3x | 1.1x |
| Wed, 19 Nov 2025 | RM 4.3b | RM 3.8b | RM 143.6m | 15.8x | 30.3x | 1.2x |
| Fri, 17 Oct 2025 | RM 4.7b | RM 3.9b | RM 144.2m | 16.9x | 32.5x | 1.2x |
| Sun, 14 Sep 2025 | RM 4.6b | RM 3.9b | RM 144.2m | 16.3x | 32.2x | 1.2x |
| Tue, 12 Aug 2025 | RM 3.9b | RM 3.9b | RM 174.8m | 14.8x | 22.5x | 1x |
| Thu, 10 Jul 2025 | RM 4.1b | RM 3.9b | RM 174.8m | 15.8x | 23.7x | 1.1x |
| Sat, 07 Jun 2025 | RM 3.9b | RM 3.9b | RM 174.8m | 15.7x | 22.3x | 1x |
| Mon, 05 May 2025 | RM 4.1b | RM 3.8b | RM 153.0m | 19.3x | 26.7x | 1.1x |
| Wed, 02 Apr 2025 | RM 4.2b | RM 3.8b | RM 153.0m | 20.5x | 27.2x | 1.1x |
| Fri, 28 Feb 2025 | RM 4.3b | RM 3.8b | RM 250.5m | 19.4x | 17.1x | 1.1x |
| Sun, 26 Jan 2025 | RM 4.4b | RM 3.8b | RM 186.6m | 20.8x | 23.3x | 1.1x |
| Tue, 24 Dec 2024 | RM 4.6b | RM 3.8b | RM 186.6m | 21.4x | 24.5x | 1.2x |
| Thu, 21 Nov 2024 | RM 4.4b | RM 3.8b | RM 172.7m | 31.6x | 25.7x | 1.2x |
| Sat, 19 Oct 2024 | RM 4.5b | RM 3.7b | RM 182.3m | 33.1x | 24.8x | 1.2x |
| Mon, 16 Sep 2024 | RM 4.6b | RM 3.7b | RM 182.3m | 33.7x | 25.5x | 1.2x |
| Wed, 14 Aug 2024 | RM 4.6b | RM 3.6b | RM 114.0m | 35x | 40.2x | 1.3x |
| Fri, 12 Jul 2024 | RM 4.9b | RM 3.6b | RM 114.0m | 37.2x | 42.7x | 1.3x |
| Sun, 09 Jun 2024 | RM 4.8b | RM 3.6b | RM 114.0m | 36.9x | 42.4x | 1.3x |
| Tue, 07 May 2024 | RM 4.3b | RM 3.6b | RM 114.4m | 23.7x | 37.7x | 1.2x |
| Thu, 04 Apr 2024 | RM 4.1b | RM 3.6b | RM 114.4m | 21x | 35.6x | 1.1x |
| Sat, 02 Mar 2024 | RM 4.1b | RM 3.5b | RM 161.5m | 18x | 25.1x | 1.2x |
| Mon, 29 Jan 2024 | RM 4.4b | RM 3.4b | RM 138.5m | 15.1x | 31.7x | 1.3x |
| Wed, 27 Dec 2023 | RM 3.7b | RM 3.4b | RM 138.5m | 10.9x | 26.5x | 1.1x |
| Fri, 24 Nov 2023 | RM 3.7b | RM 3.4b | RM 137.8m | 11.1x | 27.1x | 1.1x |
| Sun, 22 Oct 2023 | RM 3.0b | RM 3.2b | RM 172.2m | 7.2x | 17.1x | 0.9x |
| Tue, 19 Sep 2023 | RM 3.0b | RM 3.2b | RM 172.2m | 8x | 17.6x | 1x |
Price to Earnings Ratio
17.6x
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 16.2x which is lower than its 3-year average PE of 25.9x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 8.9% 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 Market | -0.16% | |
| Utilities | -0.00031% | |
| Water Utilities | 10.18% | |
| Water | 10.18% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RANHILL Ranhill Utilities Berhad | RM 2.85 | 8.4% +RM 285.1m | 44.7% | PE18.8x | |
| PBA PBA Holdings Bhd | RM 2.18 | 1.9% +RM 13.2m | 12.4% | PE5.2x | |
| PUNCAK Puncak Niaga Holdings Berhad | RM 0.17 | 3.0% +RM 2.2m | -19.0% | PS0.4x |