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Malaysian (KLSE) Market Analysis & Valuation

UpdatedOct 10, 2024
DataAggregated Company Financials
Companies1000
  • 7D0.02%
  • 3M-3.9%
  • 1Y12.3%
  • YTD10.8%

The market has been flat in the last week, however the Communication Services sector is down 3.4%. As for the longer term, the market has risen 12% in the past 12 months. Earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Oct 2024RM 2.0tRM 1.3tRM 113.3b15.4x17.5x1.6x
Sat, 07 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.5x17.4x1.6x
Mon, 05 Aug 2024RM 2.0tRM 1.2tRM 105.9b17.5x18.6x1.6x
Wed, 03 Jul 2024RM 2.0tRM 1.2tRM 105.6b17.4x18.8x1.6x
Fri, 31 May 2024RM 2.0tRM 1.2tRM 102.6b17.3x19.3x1.6x
Sun, 28 Apr 2024RM 1.9tRM 1.2tRM 99.8b16.5x19.1x1.6x
Tue, 26 Mar 2024RM 1.9tRM 1.2tRM 99.7b16x18.6x1.5x
Thu, 22 Feb 2024RM 1.8tRM 1.2tRM 82.8b15.8x22.3x1.5x
Sat, 20 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.7x21.6x1.4x
Mon, 18 Dec 2023RM 1.8tRM 1.2tRM 83.0b15.2x21.2x1.4x
Wed, 15 Nov 2023RM 1.7tRM 1.2tRM 80.0b15.9x21.8x1.4x
Fri, 13 Oct 2023RM 1.7tRM 1.2tRM 79.0b15.8x22x1.4x
Sun, 10 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Tue, 08 Aug 2023RM 1.7tRM 1.2tRM 81.9b14.6x20.8x1.4x
Thu, 06 Jul 2023RM 1.6tRM 1.2tRM 82.5b13.8x20x1.3x
Sat, 03 Jun 2023RM 1.6tRM 1.2tRM 82.8b13.7x19.8x1.3x
Mon, 01 May 2023RM 1.7tRM 1.2tRM 118.6b13.3x14.1x1.4x
Wed, 29 Mar 2023RM 1.7tRM 1.2tRM 118.8b13.4x13.9x1.4x
Fri, 24 Feb 2023RM 1.7tRM 1.2tRM 105.2b13.8x16.2x1.4x
Sun, 22 Jan 2023RM 1.7tRM 1.2tRM 138.8b13.2x12.4x1.4x
Tue, 20 Dec 2022RM 1.7tRM 1.2tRM 138.2b13.2x12.2x1.4x
Thu, 17 Nov 2022RM 1.6tRM 1.1tRM 133.9b13.4x12.1x1.4x
Sat, 15 Oct 2022RM 1.5tRM 1.1tRM 135.6b13.1x11.4x1.4x
Mon, 12 Sep 2022RM 1.7tRM 1.1tRM 136.1b13.8x12.2x1.5x
Wed, 10 Aug 2022RM 1.7tRM 1.1tRM 99.7b14.5x16.6x1.5x
Fri, 08 Jul 2022RM 1.6tRM 1.1tRM 100.9b13.7x15.6x1.5x
Sun, 05 Jun 2022RM 1.7tRM 1.1tRM 102.6b14.7x16.7x1.6x
Tue, 03 May 2022RM 1.8tRM 1.0tRM 97.0b15.7x18.4x1.7x
Thu, 31 Mar 2022RM 1.8tRM 1.0tRM 99.0b15.3x17.7x1.7x
Sat, 26 Feb 2022RM 1.7tRM 1.0tRM 92.9b15.4x18.8x1.7x
Mon, 24 Jan 2022RM 1.7tRM 992.9bRM 93.6b15.6x18.3x1.7x
Wed, 22 Dec 2021RM 1.7tRM 993.5bRM 94.1b15.1x17.9x1.7x
Fri, 19 Nov 2021RM 1.7tRM 984.6bRM 93.6b15.6x18.6x1.8x
Sun, 17 Oct 2021RM 1.8tRM 984.8bRM 93.6b16.4x19.5x1.8x
Price to Earnings Ratio

19.5x


Total Market Cap: RM 1.8tTotal Earnings: RM 93.6bTotal Revenue: RM 984.8bTotal 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 6.6% per year over the last three years.
  • Revenues for these companies have grown 8.7% 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 Market0.02%
Energy1.87%
Real Estate1.48%
Healthcare0.77%
Industrials0.49%
Consumer Discretionary0.42%
Financials0.28%
Consumer Staples0.16%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Utilities-0.24%
Tech-0.29%
Materials-1.23%
Telecom-3.43%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 52.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 24.0%, which is higher than its past year's earnings growth of 1.7% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 1.7% 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
99SMART 99 Speed Mart Retail Holdings BerhadRM 2.457.5%
+RM 1.4b
n/aPE48.8xConsumer Staples
MRDIY Mr D.I.Y. Group (M) BerhadRM 2.175.3%
+RM 1.0b
34.8%PE35.2xConsumer Discretionary
YTLPOWR YTL Power International BerhadRM 3.693.4%
+RM 985.0m
82.7%PE8.7xUtilities
CIMB CIMB Group Holdings BerhadRM 8.081.1%
+RM 964.3m
42.8%PB1.3xFinancials
GAMUDA Gamuda BerhadRM 8.193.9%
+RM 874.1m
78.4%PE25.3xIndustrials
See more
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Market Insights

In last week’s third-quarter review, we mentioned that financial sector stocks are showing signs of life and beginning to outperform. In the era of ‘easy money’, cloud computing, and AI, the financial sector has taken a back seat for a lot of investors...

Latest News

IOIPG

RM 2.28

IOI Properties Group Berhad

7D

6.5%

1Y

22.6%

GAMUDA

RM 8.19

Gamuda Berhad

7D

3.9%

1Y

78.4%

TENAGA

RM 14.38

Tenaga Nasional Berhad

7D

0.7%

1Y

43.8%

99SMART

RM 2.45

99 Speed Mart Retail Holdings Berhad

7D

7.5%

1Y

n/a

YTLPOWR

RM 3.69

YTL Power International Berhad

7D

3.4%

1Y

82.7%

CIMB

RM 8.08

CIMB Group Holdings Berhad

7D

1.1%

1Y

42.8%