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Malaysian (KLSE) Market Analysis & Valuation

UpdatedDec 27, 2024
DataAggregated Company Financials
Companies1010
  • 7D0.9%
  • 3M-0.09%
  • 1Y11.2%
  • YTD11.4%

Over the last 7 days, the market has remained flat, although notably the Utilities sector gained 5.3% in that time. As for the longer term, the market has risen 10% in the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.4x17.4x1.6x
Sun, 24 Nov 2024RM 1.9tRM 1.3tRM 111.7b15.7x17.5x1.5x
Tue, 22 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.5x1.6x
Thu, 19 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.3x17.5x1.6x
Sat, 17 Aug 2024RM 2.0tRM 1.2tRM 106.5b17.5x18.6x1.6x
Mon, 15 Jul 2024RM 2.0tRM 1.2tRM 105.7b18x19.1x1.6x
Wed, 12 Jun 2024RM 2.0tRM 1.2tRM 104.8b17.3x19.1x1.6x
Fri, 10 May 2024RM 2.0tRM 1.2tRM 99.9b17.1x19.5x1.6x
Sun, 07 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Tue, 05 Mar 2024RM 1.8tRM 1.2tRM 99.2b15.7x18.5x1.5x
Thu, 01 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.9x21.8x1.5x
Sat, 30 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Mon, 27 Nov 2023RM 1.7tRM 1.2tRM 81.3b15.5x21.5x1.4x
Wed, 25 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.7x1.4x
Fri, 22 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Sun, 20 Aug 2023RM 1.7tRM 1.2tRM 81.3b14.9x21.1x1.4x
Tue, 18 Jul 2023RM 1.7tRM 1.2tRM 82.5b14.1x20.3x1.4x
Thu, 15 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.9x19.9x1.3x
Sat, 13 May 2023RM 1.7tRM 1.4tRM 125.7b13x13.3x1.2x
Mon, 10 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.1x1.4x
Wed, 08 Mar 2023RM 1.7tRM 1.2tRM 118.7b13.8x14.3x1.4x
Fri, 03 Feb 2023RM 1.7tRM 1.2tRM 138.6b13.9x12.5x1.4x
Sun, 01 Jan 2023RM 1.7tRM 1.2tRM 138.6b13x12.2x1.4x
Tue, 29 Nov 2022RM 1.7tRM 1.2tRM 136.0b12.9x12.2x1.4x
Thu, 27 Oct 2022RM 1.6tRM 1.1tRM 135.5b13.3x11.9x1.4x
Sat, 24 Sep 2022RM 1.6tRM 1.1tRM 135.6b13.7x11.8x1.4x
Mon, 22 Aug 2022RM 1.7tRM 1.1tRM 130.2b14.1x12.8x1.5x
Wed, 20 Jul 2022RM 1.6tRM 1.1tRM 100.8b13.6x15.6x1.5x
Fri, 17 Jun 2022RM 1.6tRM 1.1tRM 100.5b14.4x16.3x1.5x
Sun, 15 May 2022RM 1.7tRM 1.0tRM 95.7b15.1x17.9x1.7x
Tue, 12 Apr 2022RM 1.8tRM 1.0tRM 98.4b15.6x18x1.7x
Thu, 10 Mar 2022RM 1.7tRM 1.0tRM 99.6b14.4x17.3x1.6x
Sat, 05 Feb 2022RM 1.7tRM 995.2bRM 94.1b15.8x18.2x1.7x
Mon, 03 Jan 2022RM 1.8tRM 992.2bRM 94.1b15.8x18.7x1.8x
Price to Earnings Ratio

18.7x


Total Market Cap: RM 1.8tTotal Earnings: RM 94.1bTotal Revenue: RM 992.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.4x20232024
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 17.4x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 6.9% per year over the last three years.
  • Revenues for these companies have grown 9.0% 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 Market0.89%
Consumer Discretionary2.45%
Utilities2.31%
Materials1.64%
Tech1.64%
Real Estate1.25%
Industrials1.03%
Financials0.61%
Telecom0.59%
Energy0.29%
Consumer Staples0.056%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Healthcare-1.21%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 53.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 25.6% which is higher than its past year's earnings decline of 4.4% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 4.4% 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
YTLPOWR YTL Power International BerhadRM 4.295.1%
+RM 1.7b
68.9%PE11.6xUtilities
PCHEM PETRONAS Chemicals Group BerhadRM 4.894.0%
+RM 1.5b
-32.2%PE50.9xMaterials
TENAGA Tenaga Nasional BerhadRM 14.181.7%
+RM 1.4b
41.8%PE19xUtilities
PBBANK Public Bank BerhadRM 4.541.1%
+RM 970.5m
6.1%PB1.6xFinancials
GENTING Genting BerhadRM 3.826.4%
+RM 885.6m
-17.3%PE12.2xConsumer Discretionary
See more
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Market Insights

This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

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YTLPOWR

RM 4.29

YTL Power International Berhad

7D

5.1%

1Y

68.9%

TOPGLOV

RM 1.32

Top Glove Corporation Bhd

7D

-5.7%

1Y

45.1%

SDG

RM 4.85

SD Guthrie Berhad

7D

-1.2%

1Y

8.0%

PCHEM

RM 4.89

PETRONAS Chemicals Group Berhad

7D

4.0%

1Y

-32.2%

GAMUDA

RM 4.62

Gamuda Berhad

7D

-1.9%

1Y

100.4%

PBBANK

RM 4.54

Public Bank Berhad

7D

1.1%

1Y

6.1%

TENAGA

RM 14.18

Tenaga Nasional Berhad

7D

1.7%

1Y

41.8%

GENTING

RM 3.82

Genting Berhad

7D

6.4%

1Y

-17.3%

AIRPORT

RM 10.44

Malaysia Airports Holdings Berhad

7D

-1.9%

1Y

42.0%

SUNWAY

RM 4.75

Sunway Berhad

7D

2.6%

1Y

134.0%

MAYBANK

RM 10.12

Malayan Banking Berhad

7D

0.6%

1Y

13.6%

UTDPLT

RM 30.60

United Plantations Berhad

7D

-7.7%

1Y

71.3%