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Malaysian (KLSE) Market Analysis & Valuation

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies1043
  • 7D0.08%
  • 3M3.9%
  • 1Y0.3%
  • YTD-3.0%

The market has stayed flat over the 7 days. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 9.8% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025RM 2.0tRM 1.3tRM 113.2b14.4x17.5x1.5x
Tue, 14 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.7x17.7x1.5x
Thu, 11 Sep 2025RM 1.9tRM 1.3tRM 112.2b14.4x17.1x1.5x
Sat, 09 Aug 2025RM 1.9tRM 1.3tRM 115.8b13.9x16.3x1.4x
Mon, 07 Jul 2025RM 1.9tRM 1.3tRM 115.7b14x16.3x1.4x
Wed, 04 Jun 2025RM 1.8tRM 1.3tRM 115.5b13.5x15.8x1.4x
Fri, 02 May 2025RM 1.8tRM 1.3tRM 118.0b14x15.5x1.4x
Sun, 30 Mar 2025RM 1.8tRM 1.3tRM 118.3b14.3x15.4x1.4x
Tue, 25 Feb 2025RM 1.9tRM 1.3tRM 114.5b14.7x16.6x1.5x
Thu, 23 Jan 2025RM 2.0tRM 1.3tRM 115.2b15.3x17.1x1.5x
Sat, 21 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.2x17.1x1.5x
Mon, 18 Nov 2024RM 1.9tRM 1.3tRM 113.7b15.6x17.1x1.5x
Wed, 16 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.3x17.4x1.6x
Fri, 13 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.3x17.3x1.5x
Sun, 11 Aug 2024RM 2.0tRM 1.2tRM 106.1b17.1x18.4x1.6x
Tue, 09 Jul 2024RM 2.0tRM 1.2tRM 105.7b17.6x19x1.6x
Thu, 06 Jun 2024RM 2.0tRM 1.2tRM 104.9b17.1x18.9x1.6x
Sat, 04 May 2024RM 1.9tRM 1.2tRM 82.4b16.7x23.4x1.6x
Mon, 01 Apr 2024RM 1.9tRM 1.2tRM 99.5b16.1x18.7x1.5x
Wed, 28 Feb 2024RM 1.9tRM 1.2tRM 87.3b16x21.2x1.5x
Fri, 26 Jan 2024RM 1.8tRM 1.2tRM 82.9b15.8x21.9x1.5x
Sun, 24 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.5x21.2x1.4x
Tue, 21 Nov 2023RM 1.8tRM 1.2tRM 80.1b15.7x21.9x1.4x
Thu, 19 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.5x21.9x1.4x
Sat, 16 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.7x1.4x
Mon, 14 Aug 2023RM 1.7tRM 1.2tRM 81.8b14.9x21x1.4x
Wed, 12 Jul 2023RM 1.6tRM 1.2tRM 82.5b13.7x20x1.3x
Fri, 09 Jun 2023RM 1.6tRM 1.2tRM 82.7b13.8x19.7x1.3x
Sun, 07 May 2023RM 1.7tRM 2.2tRM 203.1b13.2x8.3x0.8x
Tue, 04 Apr 2023RM 1.7tRM 1.2tRM 118.8b13.7x14.2x1.4x
Thu, 02 Mar 2023RM 1.7tRM 1.2tRM 119.8b13.7x14.1x1.4x
Sat, 28 Jan 2023RM 1.7tRM 1.2tRM 138.8b13.5x12.5x1.4x
Mon, 26 Dec 2022RM 1.7tRM 1.2tRM 138.3b13.1x12.1x1.4x
Wed, 23 Nov 2022RM 1.6tRM 1.1tRM 134.5b13x12x1.4x
Price to Earnings Ratio

12x


Total Market Cap: RM 1.6tTotal Earnings: RM 134.5bTotal Revenue: RM 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.6x202320242025
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.6x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have declined 5.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% 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, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market0.082%
Consumer Staples1.69%
Telecom0.76%
Financials0.51%
Materials0.023%
Real Estate-0.22%
Industrials-0.50%
Healthcare-0.58%
Utilities-0.69%
Consumer Discretionary-0.94%
Tech-1.58%
Energy-1.82%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 34.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.5% which is higher than its past year's earnings decline of 4.0% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 4.0% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 3.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
F&N Fraser & Neave Holdings BhdRM 32.4617.6%
+RM 1.8b		13.4%PE23.4xConsumer Staples
99SMART 99 Speed Mart Retail Holdings BerhadRM 3.236.3%
+RM 1.6b		38.6%PE51.4xConsumer Staples
MAXIS Maxis BerhadRM 4.114.1%
+RM 1.3b		19.5%PE21.4xTelecom
TENAGA Tenaga Nasional BerhadRM 13.421.5%
+RM 1.2b		-5.5%PE16.5xUtilities
AXIATA Axiata Group BerhadRM 2.714.2%
+RM 1.0b		21.0%PE24.9xTelecom
See more

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AXIATA
RM 2.71
Axiata Group Berhad
7D
4.2%
1Y
21.0%

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YTLPOWR
RM 3.78
YTL Power International Berhad
7D
-3.3%
1Y
20.0%

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Nov 14
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F&N
RM 32.46
Fraser & Neave Holdings Bhd
7D
17.6%
1Y
13.4%
YTL
RM 2.48
YTL Corporation Berhad
7D
-3.1%
1Y
25.3%

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Nov 13
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MRDIY
RM 1.54
Mr D.I.Y. Group (M) Berhad
7D
-4.9%
1Y
-15.4%

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Nov 12
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GAMUDA
RM 5.17
Gamuda Berhad
7D
2.0%
1Y
18.9%

Gamuda Berhad (KLSE:GAMUDA) Is Looking To Continue Growing Its Returns On Capital

Nov 12
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PMETAL
RM 6.43
Press Metal Aluminium Holdings Berhad
7D
1.9%
1Y
46.1%

We Think Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) Can Stay On Top Of Its Debt

Nov 12
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PCHEM
RM 3.43
PETRONAS Chemicals Group Berhad
7D
-3.4%
1Y
-24.8%

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Nov 10
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MAXIS
RM 4.11
Maxis Berhad
7D
4.1%
1Y
19.5%

Maxis Berhad (KLSE:MAXIS) Has Affirmed Its Dividend Of MYR0.04

Nov 10
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SUNWAY
RM 5.38
Sunway Berhad
7D
-1.6%
1Y
15.9%

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CHINHIN
RM 2.09
Chin Hin Group Berhad
7D
-5.4%
1Y
-15.4%

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CDB
RM 3.62
Celcomdigi Berhad
7D
-2.2%
1Y
8.7%

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Oct 29
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99SMART
RM 3.23
99 Speed Mart Retail Holdings Berhad
7D
6.3%
1Y
38.6%
DIALOG
RM 1.85
Dialog Group Berhad
7D
-5.6%
1Y
-5.6%
TENAGA
RM 13.42
Tenaga Nasional Berhad
7D
1.5%
1Y
-5.5%

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Oct 16
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MISC
RM 7.76
MISC Berhad
7D
1.4%
1Y
2.1%

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