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Malaysian (KLSE) Water Utilities Industry Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies5
  • 7D-0.9%
  • 3M3.6%
  • 1Y-0.2%
  • YTD-5.6%

The Water Utilities is pretty flat in the last 7 days, but Puncak Niaga Holdings Berhad has stood out, gaining 16%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025RM 4.4bRM 3.8bRM 143.6m15.9x30.5x1.2x
Sun, 19 Oct 2025RM 4.5bRM 3.9bRM 144.2m16.6x31.2x1.2x
Tue, 16 Sep 2025RM 4.6bRM 3.9bRM 144.2m16.3x32.2x1.2x
Thu, 14 Aug 2025RM 4.0bRM 3.9bRM 174.8m14.4x22.7x1x
Sat, 12 Jul 2025RM 4.1bRM 3.9bRM 174.8m15.7x23.6x1.1x
Mon, 09 Jun 2025RM 3.9bRM 3.9bRM 174.8m15.7x22.3x1x
Wed, 07 May 2025RM 4.0bRM 3.8bRM 153.0m18.6x26.4x1.1x
Fri, 04 Apr 2025RM 4.1bRM 3.8bRM 153.0m19.8x26.7x1.1x
Sun, 02 Mar 2025RM 4.2bRM 3.7bRM 123.1m20.1x34x1.1x
Tue, 28 Jan 2025RM 4.3bRM 3.8bRM 186.6m20.8x22.9x1.1x
Thu, 26 Dec 2024RM 4.6bRM 3.8bRM 186.6m21.7x24.6x1.2x
Sat, 23 Nov 2024RM 4.4bRM 3.8bRM 170.4m31.5x25.7x1.2x
Mon, 21 Oct 2024RM 4.5bRM 3.7bRM 182.3m33.1x24.8x1.2x
Wed, 18 Sep 2024RM 4.7bRM 3.7bRM 182.3m33.7x25.5x1.2x
Fri, 16 Aug 2024RM 4.5bRM 3.6bRM 108.5m36.7x41.7x1.2x
Sun, 14 Jul 2024RM 4.9bRM 3.6bRM 114.0m37.3x42.6x1.3x
Tue, 11 Jun 2024RM 4.8bRM 3.6bRM 114.0m38.2x42.4x1.3x
Thu, 09 May 2024RM 4.6bRM 3.6bRM 114.4m25.6x40x1.3x
Sat, 06 Apr 2024RM 4.0bRM 3.6bRM 114.4m20.7x35.1x1.1x
Mon, 04 Mar 2024RM 4.1bRM 3.6bRM 114.4m21.8x35.5x1.1x
Wed, 31 Jan 2024RM 4.4bRM 3.4bRM 138.5m14.7x31.8x1.3x
Fri, 29 Dec 2023RM 3.7bRM 3.4bRM 138.5m11.1x26.6x1.1x
Sun, 26 Nov 2023RM 3.7bRM 3.4bRM 138.5m11.1x26.7x1.1x
Tue, 24 Oct 2023RM 2.9bRM 3.2bRM 172.2m7.1x16.9x0.9x
Thu, 21 Sep 2023RM 3.1bRM 3.2bRM 172.2m8.2x17.8x1x
Sat, 19 Aug 2023RM 3.0bRM 3.1bRM 195.9m7.7x15.6x1x
Mon, 17 Jul 2023RM 2.9bRM 3.0bRM 190.8m7.1x15.3x1x
Wed, 14 Jun 2023RM 2.9bRM 3.0bRM 190.8m6.8x15.2x1x
Fri, 12 May 2023RM 3.0bRM 2.9bRM 187.7m7.9x16.1x1.1x
Sun, 09 Apr 2023RM 3.0bRM 2.8bRM 161.5m7.3x18.7x1.1x
Tue, 07 Mar 2023RM 2.9bRM 2.8bRM 161.5m6.8x18.2x1x
Thu, 02 Feb 2023RM 3.0bRM 2.7bRM 145.4m22.5x20.5x1.1x
Sat, 31 Dec 2022RM 2.9bRM 2.7bRM 145.4m19.9x20.1x1.1x
Mon, 28 Nov 2022RM 2.8bRM 2.6bRM 108.8m18.5x25.9x1.1x
Price to Earnings Ratio

25.9x


Total Market Cap: RM 2.8bTotal Earnings: RM 108.8mTotal Revenue: RM 2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Water Utilities Industry Price to Earnings3Y Average 25.6x202320242025
Current Industry PE
  • Investors are optimistic on the Malaysian Water Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.5x which is higher than its 3-year average PE of 25.6x.
  • 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 9.7% per year over the last three years.
  • Revenues for these companies have grown 13% 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-0.62%
Utilities-1.60%
Water Utilities-0.92%
Water-0.92%
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
PUNCAK Puncak Niaga Holdings BerhadRM 0.2615.6%
+RM 15.7m
8.3%PS0.6x