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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies976
  • 7D1.6%
  • 3M7.8%
  • 1Y19.1%
  • YTD13.8%

Over the last 7 days, the market has risen 1.6%, driven by gains of 3.4% in the Utilities sector. In the last year, the market has climbed 19%. Earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024RM2.0tRM1.2tRM100.5b17.8x19.9x1.7x
Sat, 20 Apr 2024RM1.9tRM1.2tRM99.6b16.2x18.7x1.6x
Mon, 18 Mar 2024RM1.8tRM1.2tRM99.4b15.9x18.6x1.5x
Wed, 14 Feb 2024RM1.8tRM1.2tRM82.5b15.7x22.1x1.5x
Fri, 12 Jan 2024RM1.8tRM1.2tRM82.8b15.9x21.8x1.5x
Sun, 10 Dec 2023RM1.7tRM1.2tRM82.9b15.1x20.8x1.4x
Tue, 07 Nov 2023RM1.8tRM1.2tRM79.6b15.6x22x1.4x
Thu, 05 Oct 2023RM1.7tRM1.2tRM79.5b15.3x21.5x1.4x
Sat, 02 Sep 2023RM1.7tRM1.2tRM79.1b16x22.1x1.4x
Mon, 31 Jul 2023RM1.7tRM1.2tRM82.0b14.7x20.9x1.4x
Wed, 28 Jun 2023RM1.6tRM1.2tRM82.8b13.8x19.8x1.3x
Fri, 26 May 2023RM1.7tRM1.4tRM124.9b13.3x13.3x1.2x
Sun, 23 Apr 2023RM1.7tRM1.2tRM119.0b13.2x14.1x1.4x
Tue, 21 Mar 2023RM1.6tRM1.2tRM117.2b13.2x13.8x1.3x
Thu, 16 Feb 2023RM1.7tRM1.2tRM138.7b13.7x12.5x1.4x
Sat, 14 Jan 2023RM1.7tRM1.2tRM138.7b13.2x12.4x1.4x
Mon, 12 Dec 2022RM1.7tRM1.2tRM138.8b13.1x12.1x1.4x
Wed, 09 Nov 2022RM1.6tRM1.1tRM134.7b13.4x12x1.4x
Fri, 07 Oct 2022RM1.6tRM1.1tRM135.5b13.4x11.7x1.4x
Sun, 04 Sep 2022RM1.6tRM1.1tRM136.1b13.8x12.1x1.5x
Tue, 02 Aug 2022RM1.7tRM1.1tRM99.6b14.4x16.7x1.5x
Thu, 30 Jun 2022RM1.6tRM1.1tRM100.6b14.1x16.1x1.5x
Sat, 28 May 2022RM1.7tRM1.0tRM95.8b14.9x17.9x1.6x
Mon, 25 Apr 2022RM1.8tRM1.0tRM98.4b15.8x18.1x1.7x
Wed, 23 Mar 2022RM1.8tRM1.0tRM99.3b14.9x17.6x1.7x
Fri, 18 Feb 2022RM1.8tRM1.0tRM93.5b15.8x19.1x1.8x
Sun, 16 Jan 2022RM1.7tRM992.5bRM93.5b15.7x18.6x1.8x
Tue, 14 Dec 2021RM1.7tRM994.9bRM94.9b15.3x17.9x1.7x
Thu, 11 Nov 2021RM1.8tRM985.2bRM93.6b16x18.8x1.8x
Sat, 09 Oct 2021RM1.8tRM984.9bRM93.5b16x19.1x1.8x
Mon, 06 Sep 2021RM1.8tRM980.5bRM95.1b16.3x18.8x1.8x
Wed, 04 Aug 2021RM1.7tRM982.3bRM95.7b16.4x17.7x1.7x
Price to Earnings Ratio

22.4x


Total Market Cap: RM1.7tTotal Earnings: RM78.1bTotal Revenue: RM921.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.6x202220232024
Current Market PE
  • Investors are optimistic on the Malaysian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of 17.6x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 8.8% per year over the last three years.
  • Revenues for these companies have grown 9.3% 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 Market1.57%
Tech6.25%
Utilities3.37%
Telecom2.34%
Real Estate2.18%
Industrials2.07%
Consumer Discretionary1.68%
Materials1.35%
Financials1.03%
Consumer Staples0.16%
Energy-0.078%
Healthcare-2.02%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 49.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.0% which is higher than its past year's earnings decline of 14.0% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.3% 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
TENAGA Tenaga Nasional BerhadRM13.103.5%
+RM2.5b		36.7%PE27.4xUtilities
YTL YTL Corporation BerhadRM3.886.3%
+RM2.5b		397.4%PE20.5xUtilities
SUNWAY Sunway BerhadRM3.759.6%
+RM1.9b		141.9%PE29.4xIndustrials
YTLPOWR YTL Power International BerhadRM5.383.9%
+RM1.6b		367.8%PE13xUtilities
GAMUDA Gamuda BerhadRM6.009.1%
+RM1.4b		47.1%PE18.9xIndustrials
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