Header cover image

Malaysian (KLSE) Market Analysis & Valuation

UpdatedAug 22, 2024
DataAggregated Company Financials
Companies994
  • 7D0.2%
  • 3M-2.1%
  • 1Y14.1%
  • YTD11.9%

Over the last 7 days, the market has remained flat, although notably the Financials sector gained 5.3% in that time. More promisingly, the market is up 14% over the past 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
Thu, 22 Aug 2024RM 2.0tRM 1.2tRM 107.3b17.3x18.4x1.6x
Sat, 20 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19.3x1.7x
Mon, 17 Jun 2024RM 2.0tRM 1.2tRM 104.7b17.4x19.2x1.6x
Wed, 15 May 2024RM 2.0tRM 1.2tRM 100.0b17.2x19.6x1.6x
Fri, 12 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Sun, 10 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.8x18.4x1.5x
Tue, 06 Feb 2024RM 1.8tRM 1.2tRM 82.9b15.5x21.7x1.5x
Thu, 04 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.6x21.4x1.4x
Sat, 02 Dec 2023RM 1.7tRM 1.2tRM 82.8b15x21x1.4x
Mon, 30 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.7x1.4x
Wed, 27 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Fri, 25 Aug 2023RM 1.7tRM 1.2tRM 79.0b14.9x21.8x1.4x
Sun, 23 Jul 2023RM 1.7tRM 1.2tRM 82.6b14.1x20.4x1.4x
Tue, 20 Jun 2023RM 1.6tRM 1.2tRM 82.7b13.6x19.9x1.3x
Thu, 18 May 2023RM 1.7tRM 1.4tRM 125.7b13.2x13.3x1.2x
Sat, 15 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.2x1.4x
Mon, 13 Mar 2023RM 1.7tRM 1.2tRM 119.0b13.7x14.1x1.4x
Wed, 08 Feb 2023RM 1.7tRM 1.2tRM 138.8b13.5x12.4x1.4x
Fri, 06 Jan 2023RM 1.7tRM 1.2tRM 138.6b13x12.2x1.4x
Sun, 04 Dec 2022RM 1.7tRM 1.2tRM 137.7b13.1x12.2x1.4x
Tue, 01 Nov 2022RM 1.6tRM 1.8tRM 126.1b13.3x12.8x0.9x
Thu, 29 Sep 2022RM 1.6tRM 1.1tRM 135.7b13.4x11.6x1.4x
Sat, 27 Aug 2022RM 1.7tRM 1.1tRM 134.0b13.9x12.4x1.5x
Mon, 25 Jul 2022RM 1.6tRM 1.1tRM 101.0b14x16.1x1.5x
Wed, 22 Jun 2022RM 1.6tRM 1.1tRM 100.6b14.1x16x1.5x
Fri, 20 May 2022RM 1.7tRM 1.0tRM 95.9b15.2x17.9x1.7x
Sun, 17 Apr 2022RM 1.8tRM 1.0tRM 98.4b15.5x18x1.7x
Tue, 15 Mar 2022RM 1.7tRM 1.0tRM 96.8b14.3x17.8x1.7x
Thu, 10 Feb 2022RM 1.7tRM 995.9bRM 93.3b15.9x18.6x1.7x
Sat, 08 Jan 2022RM 1.7tRM 992.2bRM 94.1b15.9x18.6x1.8x
Mon, 06 Dec 2021RM 1.7tRM 997.9bRM 97.1b15.1x17.5x1.7x
Wed, 03 Nov 2021RM 1.8tRM 984.5bRM 93.3b16.7x18.9x1.8x
Fri, 01 Oct 2021RM 1.8tRM 985.3bRM 96.4b15.6x18.3x1.8x
Sun, 29 Aug 2021RM 1.8tRM 982.3bRM 95.7b16.5x18.6x1.8x
Price to Earnings Ratio

18.6x


Total Market Cap: RM 1.8tTotal Earnings: RM 95.7bTotal Revenue: RM 982.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.6x202220232024
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 grown 3.8% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Market0.76%
Financials5.33%
Healthcare2.33%
Energy1.83%
Materials1.12%
Consumer Discretionary0.41%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-0.13%
Industrials-0.76%
Real Estate-1.18%
Telecom-1.87%
Tech-1.91%
Utilities-2.91%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 51.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.4% which is higher than its past year's earnings decline of 7.0% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 12.2x.
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 7.0% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 4.9% 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
PBBANK Public Bank BerhadRM 4.639.7%
+RM 8.0b
13.5%PB1.6xFinancials
CIMB CIMB Group Holdings BerhadRM 7.896.5%
+RM 5.1b
41.4%PB1.2xFinancials
MAYBANK Malayan Banking BerhadRM 10.523.1%
+RM 3.9b
17.0%PB1.4xFinancials
HLBANK Hong Leong Bank BerhadRM 20.263.9%
+RM 1.6b
2.3%PB1.1xFinancials
AMBANK AMMB Holdings BerhadRM 5.119.7%
+RM 1.5b
39.2%PB0.8xFinancials
See more
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

This week we are taking a look at the outlook for copper producers, and how to gain exposure if you agree with this narrative.

Latest News

SPSETIA

RM 1.30

S P Setia Berhad

7D

-14.5%

1Y

60.5%

AMBANK

RM 5.11

AMMB Holdings Berhad

7D

9.7%

1Y

39.2%

SDG

RM 4.51

SD Guthrie Berhad

7D

-2.2%

1Y

4.4%

YTLPOWR

RM 3.75

YTL Power International Berhad

7D

-15.3%

1Y

113.1%

SIMEPROP

RM 1.38

Sime Darby Property Berhad

7D

-7.4%

1Y

114.0%

SUNWAY

RM 4.05

Sunway Berhad

7D

-3.3%

1Y

113.2%

YTL

RM 3.06

YTL Corporation Berhad

7D

-10.3%

1Y

126.7%

NESTLE

RM 103.90

Nestlé (Malaysia) Berhad

7D

-3.7%

1Y

-20.6%

RHBBANK

RM 5.90

RHB Bank Berhad

7D

3.7%

1Y

4.4%

CIMB

RM 7.89

CIMB Group Holdings Berhad

7D

6.5%

1Y

41.4%

HLBANK

RM 20.26

Hong Leong Bank Berhad

7D

3.9%

1Y

2.3%

MAYBANK

RM 10.52

Malayan Banking Berhad

7D

3.1%

1Y

17.0%

PBBANK

RM 4.63

Public Bank Berhad

7D

9.7%

1Y

13.5%