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Malaysian (KLSE) Water Industry Analysis
UpdatedNov 15, 2025
DataAggregated Company Financials
Companies5
- 7D1.9%
- 3M12.1%
- 1Y-3.7%
- YTDn/a
Over the last 7 days, the Water industry has risen 1.8%, driven by gains from every company within the industry. In contrast, the industry has lost 3.2% in the last 12 months. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Malaysian Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Nov 2025 | RM 4.4b | RM 3.8b | RM 143.6m | 16.2x | 30.7x | 1.2x |
| Tue, 14 Oct 2025 | RM 4.7b | RM 3.9b | RM 144.2m | 16.3x | 32.7x | 1.2x |
| Thu, 11 Sep 2025 | RM 4.6b | RM 3.9b | RM 144.2m | 16.6x | 31.8x | 1.2x |
| Sat, 09 Aug 2025 | RM 4.0b | RM 3.9b | RM 174.8m | 15x | 22.7x | 1x |
| Mon, 07 Jul 2025 | RM 4.0b | RM 3.9b | RM 174.8m | 15.5x | 22.8x | 1x |
| Wed, 04 Jun 2025 | RM 3.9b | RM 3.9b | RM 174.8m | 15.5x | 22.2x | 1x |
| Fri, 02 May 2025 | RM 4.0b | RM 3.8b | RM 153.0m | 18.9x | 26.2x | 1.1x |
| Sun, 30 Mar 2025 | RM 4.2b | RM 3.8b | RM 153.0m | 20.5x | 27.2x | 1.1x |
| Tue, 25 Feb 2025 | RM 4.2b | RM 3.8b | RM 185.0m | 19.9x | 22.8x | 1.1x |
| Thu, 23 Jan 2025 | RM 4.5b | RM 3.8b | RM 186.6m | 21.3x | 23.9x | 1.2x |
| Sat, 21 Dec 2024 | RM 4.6b | RM 3.8b | RM 186.6m | 21.9x | 24.6x | 1.2x |
| Mon, 18 Nov 2024 | RM 4.6b | RM 3.8b | RM 172.7m | 32.1x | 26.3x | 1.2x |
| Wed, 16 Oct 2024 | RM 4.5b | RM 3.7b | RM 182.3m | 32.8x | 24.4x | 1.2x |
| Fri, 13 Sep 2024 | RM 4.6b | RM 3.7b | RM 182.3m | 33.4x | 25.3x | 1.2x |
| Sun, 11 Aug 2024 | RM 4.6b | RM 3.6b | RM 114.0m | 35.3x | 40.1x | 1.3x |
| Tue, 09 Jul 2024 | RM 4.9b | RM 3.6b | RM 114.0m | 37.5x | 43x | 1.3x |
| Thu, 06 Jun 2024 | RM 4.5b | RM 3.6b | RM 114.0m | 34.3x | 39.5x | 1.2x |
| Sat, 04 May 2024 | RM 4.3b | RM 3.6b | RM 114.4m | 22.7x | 37.3x | 1.2x |
| Mon, 01 Apr 2024 | RM 4.0b | RM 3.6b | RM 114.4m | 21.1x | 35.3x | 1.1x |
| Wed, 28 Feb 2024 | RM 4.6b | RM 3.4b | RM 198.6m | 17.1x | 23.1x | 1.3x |
| Fri, 26 Jan 2024 | RM 4.4b | RM 3.4b | RM 138.5m | 14.7x | 31.8x | 1.3x |
| Sun, 24 Dec 2023 | RM 3.6b | RM 3.4b | RM 138.5m | 10.9x | 26x | 1.1x |
| Tue, 21 Nov 2023 | RM 3.8b | RM 3.4b | RM 136.7m | 11.1x | 27.6x | 1.1x |
| Thu, 19 Oct 2023 | RM 3.0b | RM 3.2b | RM 172.2m | 7.3x | 17.3x | 0.9x |
| Sat, 16 Sep 2023 | RM 3.0b | RM 3.2b | RM 172.2m | 7.9x | 17.5x | 1x |
| Mon, 14 Aug 2023 | RM 3.0b | RM 3.0b | RM 190.8m | 7.4x | 15.5x | 1x |
| Wed, 12 Jul 2023 | RM 2.9b | RM 3.0b | RM 190.8m | 7.2x | 15.3x | 1x |
| Fri, 09 Jun 2023 | RM 2.9b | RM 3.0b | RM 190.8m | 7x | 15.4x | 1x |
| Sun, 07 May 2023 | RM 3.0b | RM 2.8b | RM 160.1m | 8x | 18.9x | 1.1x |
| Tue, 04 Apr 2023 | RM 2.9b | RM 2.8b | RM 161.5m | 6.8x | 18.2x | 1x |
| Thu, 02 Mar 2023 | RM 2.9b | RM 2.7b | RM 176.5m | 6.2x | 16.7x | 1.1x |
| Sat, 28 Jan 2023 | RM 3.0b | RM 2.7b | RM 145.4m | 22.8x | 20.5x | 1.1x |
| Mon, 26 Dec 2022 | RM 2.9b | RM 2.7b | RM 145.4m | 19.9x | 19.8x | 1.1x |
| Wed, 23 Nov 2022 | RM 2.8b | RM 2.7b | RM 114.9m | 27.9x | 24.1x | 1x |
Price to Earnings Ratio
24.1x
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 31.1x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 and as a result, profits have held steady.
Industry Comparison
How does Malaysian Water compare with similar industries?
| MY Market | 0.082% | |
| Utilities | -0.69% | |
| Water Utilities | 1.94% | |
| Water | 1.94% | |
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 1.79 | 2.9% +RM 64.8m | 28.8% | PE46x | |
| SALCON Salcon Berhad | RM 0.26 | 6.3% +RM 17.0m | -10.5% | PE16.1x | |
| PUNCAK Puncak Niaga Holdings Berhad | RM 0.23 | 2.3% +RM 2.2m | -11.8% | PS0.5x |
