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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJul 26, 2025
DataAggregated Company Financials
Companies1038
  • 7D0.3%
  • 3M2.7%
  • 1Y-8.8%
  • YTD-7.8%

Over the last 7 days, the market has remained flat, although notably the Materials sector gained 3.6% in that time. The past year hasn't been profitable, with the market dropping 8.8%. Earnings are forecast to grow by 8.5% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 26 Jul 2025RM 1.9tRM 1.3tRM 115.8b13.8x16.2x1.4x
Mon, 23 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.4x15.7x1.4x
Wed, 21 May 2025RM 1.9tRM 1.3tRM 118.5b13.9x15.7x1.4x
Fri, 18 Apr 2025RM 1.8tRM 1.3tRM 118.2b13.5x15x1.4x
Sun, 16 Mar 2025RM 1.8tRM 1.3tRM 118.2b14.2x15.3x1.4x
Tue, 11 Feb 2025RM 2.0tRM 1.3tRM 115.4b15.1x17x1.5x
Thu, 09 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.4x17.4x1.6x
Sat, 07 Dec 2024RM 2.0tRM 1.3tRM 114.6b15.6x17.4x1.6x
Mon, 04 Nov 2024RM 2.0tRM 1.3tRM 113.6b15.5x17.2x1.5x
Wed, 02 Oct 2024RM 2.0tRM 1.3tRM 113.3b15.7x17.6x1.6x
Fri, 30 Aug 2024RM 2.0tRM 1.2tRM 109.8b15.8x17.9x1.6x
Sun, 28 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19x1.6x
Tue, 25 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.3x18.8x1.6x
Thu, 23 May 2024RM 2.0tRM 1.2tRM 100.5b17.8x19.9x1.7x
Sat, 20 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.2x18.7x1.6x
Mon, 18 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.9x18.6x1.5x
Wed, 14 Feb 2024RM 1.8tRM 1.2tRM 82.5b15.7x22.1x1.5x
Fri, 12 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.9x21.8x1.5x
Sun, 10 Dec 2023RM 1.7tRM 1.2tRM 82.9b15.1x20.8x1.4x
Tue, 07 Nov 2023RM 1.8tRM 1.2tRM 79.6b15.6x22x1.4x
Thu, 05 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.5x1.4x
Sat, 02 Sep 2023RM 1.7tRM 1.2tRM 79.1b16x22.1x1.4x
Mon, 31 Jul 2023RM 1.7tRM 1.2tRM 82.0b14.7x20.9x1.4x
Wed, 28 Jun 2023RM 1.6tRM 1.2tRM 82.8b13.8x19.8x1.3x
Fri, 26 May 2023RM 1.7tRM 1.4tRM 124.9b13.3x13.3x1.2x
Sun, 23 Apr 2023RM 1.7tRM 1.2tRM 119.0b13.2x14.1x1.4x
Tue, 21 Mar 2023RM 1.6tRM 1.2tRM 117.2b13.2x13.8x1.3x
Thu, 16 Feb 2023RM 1.7tRM 1.2tRM 138.7b13.7x12.5x1.4x
Sat, 14 Jan 2023RM 1.7tRM 1.2tRM 138.7b13.2x12.4x1.4x
Mon, 12 Dec 2022RM 1.7tRM 1.2tRM 138.8b13.1x12.1x1.4x
Wed, 09 Nov 2022RM 1.6tRM 1.1tRM 134.7b13.4x12x1.4x
Fri, 07 Oct 2022RM 1.6tRM 1.1tRM 135.5b13.4x11.7x1.4x
Sun, 04 Sep 2022RM 1.6tRM 1.1tRM 136.1b13.8x12.1x1.5x
Tue, 02 Aug 2022RM 1.7tRM 1.1tRM 99.6b14.4x16.7x1.5x
Price to Earnings Ratio

16.7x


Total Market Cap: RM 1.7tTotal Earnings: RM 99.6bTotal Revenue: RM 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.1x202320242025
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 17.1x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 5.1% per year over the last three years.
  • Revenues for these companies have grown 6.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market0.34%
Materials3.63%
Energy1.56%
Healthcare1.24%
Consumer Staples0.92%
Telecom0.73%
Tech0.63%
Financials0.59%
Utilities-0.21%
Consumer Discretionary-0.28%
Real Estate-1.10%
Industrials-1.48%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 57.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.6% which is higher than its past year's earnings decline of 2.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
CIMB CIMB Group Holdings BerhadRM 6.753.7%
+RM 2.6b		-5.9%PB1.1xFinancials
NESTLE Nestlé (Malaysia) BerhadRM 85.5012.9%
+RM 2.3b		-26.2%PE50.1xConsumer Staples
PMETAL Press Metal Aluminium Holdings BerhadRM 5.344.1%
+RM 1.7b		1.9%PE24.2xMaterials
AXIATA Axiata Group BerhadRM 2.696.3%
+RM 1.5b		12.6%PE23.6xTelecom
PCHEM PETRONAS Chemicals Group BerhadRM 3.535.1%
+RM 1.4b		-41.0%PE57.8xMaterials
See more

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IOIPG
RM 2.17
IOI Properties Group Berhad
7D
-4.0%
1Y
5.9%

IOI Properties Group Berhad (KLSE:IOIPG) Takes On Some Risk With Its Use Of Debt

Jul 25
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NESTLE
RM 85.50
Nestlé (Malaysia) Berhad
7D
12.9%
1Y
-26.2%
VITROX
RM 3.97
ViTrox Corporation Berhad
7D
10.6%
1Y
-0.7%
PCHEM
RM 3.53
PETRONAS Chemicals Group Berhad
7D
5.1%
1Y
-41.0%

An Intrinsic Calculation For PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Suggests It's 30% Undervalued

Jul 25
An Intrinsic Calculation For PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Suggests It's 30% Undervalued
AXIATA
RM 2.69
Axiata Group Berhad
7D
6.3%
1Y
12.6%
CIMB
RM 6.75
CIMB Group Holdings Berhad
7D
3.7%
1Y
-5.9%
IHH
RM 6.66
IHH Healthcare Berhad
7D
1.4%
1Y
6.4%

IHH Healthcare Berhad (KLSE:IHH) Shareholders Will Want The ROCE Trajectory To Continue

Jul 17
IHH Healthcare Berhad (KLSE:IHH) Shareholders Will Want The ROCE Trajectory To Continue
PMETAL
RM 5.34
Press Metal Aluminium Holdings Berhad
7D
4.1%
1Y
1.9%

Does Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) Deserve A Spot On Your Watchlist?

Jul 16
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KLK
RM 19.98
Kuala Lumpur Kepong Berhad
7D
-2.1%
1Y
-3.2%
SUNWAY
RM 4.82
Sunway Berhad
7D
-4.7%
1Y
13.4%

We Think Sunway Berhad (KLSE:SUNWAY) Can Stay On Top Of Its Debt

Jul 08
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GAMUDA
RM 5.21
Gamuda Berhad
7D
-2.3%
1Y
32.7%
TENAGA
RM 13.60
Tenaga Nasional Berhad
7D
-1.3%
1Y
-3.0%

Tenaga Nasional Berhad (KLSE:TENAGA) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 30
Tenaga Nasional Berhad (KLSE:TENAGA) Shares Could Be 24% Below Their Intrinsic Value Estimate
SPSETIA
RM 1.12
S P Setia Berhad
7D
-5.9%
1Y
-30.9%

S P Setia Berhad's (KLSE:SPSETIA) Business And Shares Still Trailing The Market

Jun 18
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SUNCON
RM 5.22
Sunway Construction Group Berhad
7D
-12.7%
1Y
5.2%

Sunway Construction Group Berhad (KLSE:SUNCON) Seems To Use Debt Rather Sparingly

Jun 11
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99SMART
RM 2.32
99 Speed Mart Retail Holdings Berhad
7D
4.0%
1Y
n/a
PBBANK
RM 4.29
Public Bank Berhad
7D
-0.5%
1Y
1.9%