Header cover image

Malaysian (KLSE) Market Analysis & Valuation

UpdatedJun 28, 2024
DataAggregated Company Financials
Companies981
  • 7D-1.0%
  • 3M5.2%
  • 1Y18.8%
  • YTD11.6%

Over the last 7 days, the market has dropped 1.0%, driven by a loss of 3.3% in the Communication Services sector. As for the longer term, the market has actually risen by 19% in the last year. 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
Fri, 28 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.2x18.7x1.6x
Sun, 26 May 2024RM 2.0tRM 1.2tRM 101.1b17.9x19.8x1.6x
Tue, 23 Apr 2024RM 1.9tRM 1.2tRM 99.7b16.1x18.7x1.5x
Thu, 21 Mar 2024RM 1.8tRM 1.2tRM 99.4b16x18.5x1.5x
Sat, 17 Feb 2024RM 1.8tRM 1.2tRM 82.5b15.7x22.2x1.5x
Mon, 15 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.8x1.5x
Wed, 13 Dec 2023RM 1.7tRM 1.2tRM 82.9b15.1x20.9x1.4x
Fri, 10 Nov 2023RM 1.7tRM 1.3tRM 105.2b15.9x16.6x1.3x
Sun, 08 Oct 2023RM 1.7tRM 1.2tRM 79.0b15.6x21.6x1.4x
Tue, 05 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.9x21.9x1.4x
Thu, 03 Aug 2023RM 1.7tRM 1.2tRM 81.9b14.6x20.8x1.4x
Sat, 01 Jul 2023RM 1.6tRM 1.2tRM 82.7b13.9x19.7x1.3x
Mon, 29 May 2023RM 1.7tRM 1.2tRM 117.7b13.7x14.1x1.4x
Wed, 26 Apr 2023RM 1.7tRM 1.2tRM 119.0b13.2x14.1x1.4x
Fri, 24 Mar 2023RM 1.6tRM 1.2tRM 117.1b13.3x13.9x1.3x
Sun, 19 Feb 2023RM 1.7tRM 1.2tRM 139.2b13.6x12.4x1.4x
Tue, 17 Jan 2023RM 1.7tRM 1.2tRM 138.7b13.2x12.4x1.4x
Thu, 15 Dec 2022RM 1.7tRM 1.2tRM 138.9b13.2x12.1x1.4x
Sat, 12 Nov 2022RM 1.6tRM 1.1tRM 134.1b13.6x12.2x1.4x
Mon, 10 Oct 2022RM 1.6tRM 1.1tRM 135.5b13.4x11.6x1.4x
Wed, 07 Sep 2022RM 1.6tRM 1.1tRM 136.1b13.8x12.1x1.5x
Fri, 05 Aug 2022RM 1.7tRM 1.1tRM 99.6b14.4x16.7x1.6x
Sun, 03 Jul 2022RM 1.6tRM 1.1tRM 100.9b14.1x16x1.5x
Tue, 31 May 2022RM 1.7tRM 1.1tRM 98.5b14.6x17.4x1.6x
Thu, 28 Apr 2022RM 1.8tRM 1.0tRM 98.3b15.5x17.9x1.7x
Sat, 26 Mar 2022RM 1.8tRM 1.0tRM 99.4b15.3x17.9x1.7x
Mon, 21 Feb 2022RM 1.8tRM 1.0tRM 93.3b16x19.1x1.8x
Wed, 19 Jan 2022RM 1.7tRM 992.5bRM 93.5b15.6x18.5x1.7x
Fri, 17 Dec 2021RM 1.7tRM 994.9bRM 94.2b15.4x17.9x1.7x
Sun, 14 Nov 2021RM 1.8tRM 984.6bRM 93.7b15.9x18.8x1.8x
Tue, 12 Oct 2021RM 1.8tRM 984.9bRM 93.5b16.1x19.2x1.8x
Thu, 09 Sep 2021RM 1.8tRM 980.5bRM 95.1b16.3x18.7x1.8x
Sat, 07 Aug 2021RM 1.7tRM 982.3bRM 95.7b16.6x17.7x1.7x
Price to Earnings Ratio

17.8x


Total Market Cap: RM 1.7tTotal Earnings: RM 95.6bTotal Revenue: RM 981.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.5x202220232024
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 17.5x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 3.2% per year over the last three years.
  • Revenues for these companies have grown 7.7% 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 Market-1.04%
Financials0.011%
Industrials-0.024%
Consumer Discretionary-0.90%
Consumer Staples-0.92%
Utilities-1.05%
Healthcare-1.32%
Materials-1.48%
Energy-1.60%
Tech-2.23%
Real Estate-2.76%
Telecom-3.35%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 50.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.3% which is higher than its past year's earnings decline of 5.2% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.3x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 5.2% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.2% 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
MAYBANK Malayan Banking BerhadRM 9.961.0%
+RM 1.2b		15.4%PB1.3xFinancials
IHH IHH Healthcare BerhadRM 6.301.9%
+RM 1.1b		7.0%PE23.8xHealthcare
CDB Celcomdigi BerhadRM 3.681.9%
+RM 821.2m		-10.5%PE26.8xTelecom
CHINHIN Chin Hin Group BerhadRM 3.486.7%
+RM 778.5m		59.6%PE91.4xIndustrials
TENAGA Tenaga Nasional BerhadRM 13.780.4%
+RM 697.9m		52.3%PE32.3xUtilities
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

Heading Into Q3 With A Goldilocks Economy

Richard Bowman avatar
Richard Bowman
|
|

5 comments

And just like that, we are into the third quarter and the second half of 2024. Equity markets have done better...

Continue reading

Opportunities And Risks In The Small Cap Universe
Last Week

Opportunities And Risks In The Small Cap Universe

Latest News

IHH

RM 6.30

IHH Healthcare Berhad

7D

1.9%

1Y

7.0%

GAMUDA

RM 6.58

Gamuda Berhad

7D

3.1%

1Y

49.5%

PMETAL

RM 5.76

Press Metal Aluminium Holdings Berhad

7D

1.1%

1Y

22.6%

Shareholders Will Probably Not Have Any Issues With Press Metal Aluminium Holdings Berhad's (KLSE:PMETAL) CEO Compensation

Jun 22
Shareholders Will Probably Not Have Any Issues With Press Metal Aluminium Holdings Berhad's (KLSE:PMETAL) CEO Compensation

PCHEM

RM 6.31

PETRONAS Chemicals Group Berhad

7D

-2.3%

1Y

5.2%

Here's What's Concerning About PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Returns On Capital

Jun 17
Here's What's Concerning About PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Returns On Capital

YTL

RM 3.45

YTL Corporation Berhad

7D

-3.6%

1Y

231.7%

Does YTL Corporation Berhad (KLSE:YTL) Deserve A Spot On Your Watchlist?

Jun 17
Does YTL Corporation Berhad (KLSE:YTL) Deserve A Spot On Your Watchlist?

MBSB

RM 0.81

MBSB Berhad

7D

-6.9%

1Y

24.6%

NESTLE

RM 121.50

Nestlé (Malaysia) Berhad

7D

-2.0%

1Y

-7.3%

Investor Optimism Abounds Nestlé (Malaysia) Berhad (KLSE:NESTLE) But Growth Is Lacking

Jun 06
Investor Optimism Abounds Nestlé (Malaysia) Berhad (KLSE:NESTLE) But Growth Is Lacking

CHINHIN

RM 3.48

Chin Hin Group Berhad

7D

6.7%

1Y

59.6%

TENAGA

RM 13.78

Tenaga Nasional Berhad

7D

0.4%

1Y

52.3%

SDG

RM 4.22

SD Guthrie Berhad

7D

-1.9%

1Y

1.7%

IOIPG

RM 2.21

IOI Properties Group Berhad

7D

-4.7%

1Y

106.5%

CDB

RM 3.68

Celcomdigi Berhad

7D

1.9%

1Y

-10.5%

Celcomdigi Berhad's (KLSE:CDB) Dividend Will Be MYR0.035

Jun 03
Celcomdigi Berhad's (KLSE:CDB) Dividend Will Be MYR0.035

YTLPOWR

RM 4.82

YTL Power International Berhad

7D

-5.1%

1Y

270.8%

YTL Power International Berhad (KLSE:YTLPOWR) Is Due To Pay A Dividend Of MYR0.03

May 26
YTL Power International Berhad (KLSE:YTLPOWR) Is Due To Pay A Dividend Of MYR0.03

MAYBANK

RM 9.96

Malayan Banking Berhad

7D

1.0%

1Y

15.4%

SIME

RM 2.62

Sime Darby Berhad

7D

2.3%

1Y

27.8%

SUNWAY

RM 3.61

Sunway Berhad

7D

-3.7%

1Y

128.5%