Kuala Lumpur Kepong Berhad (KLSE:KLK) Not Lagging Market On Growth Or Pricing
Jun 13
Malaysian (KLSE) Consumer Staples Sector Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies103
- 7D-1.6%
- 3M1.1%
- 1Y5.0%
- YTD5.3%
Over the last 7 days, the Consumer Staples industry has dropped 1.0%, and SD Guthrie Berhad contributed the most with a 2.8% decline. On the other hand Hup Seng Industries Berhad is actually up 18%. In the past year, the industry has gained 4.8%. Looking forward, earnings are forecast to grow by 10% annually.
Sector Valuation and Performance
Has the Malaysian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM249.7b | RM180.5b | RM12.8b | 15.2x | 19.5x | 1.4x |
| Mon, 13 May 2024 | RM258.0b | RM179.8b | RM12.0b | 15.4x | 21.4x | 1.4x |
| Wed, 10 Apr 2024 | RM255.3b | RM179.3b | RM11.9b | 15.3x | 21.5x | 1.4x |
| Fri, 08 Mar 2024 | RM244.5b | RM180.4b | RM11.8b | 14.8x | 20.7x | 1.4x |
| Sun, 04 Feb 2024 | RM246.9b | RM183.9b | RM12.7b | 14.1x | 19.5x | 1.3x |
| Tue, 02 Jan 2024 | RM242.3b | RM183.9b | RM12.7b | 14.1x | 19.1x | 1.3x |
| Thu, 30 Nov 2023 | RM241.9b | RM186.7b | RM12.9b | 14x | 18.7x | 1.3x |
| Sat, 28 Oct 2023 | RM242.0b | RM188.2b | RM12.6b | 14.5x | 19.2x | 1.3x |
| Mon, 25 Sep 2023 | RM243.1b | RM188.3b | RM12.6b | 14.5x | 19.3x | 1.3x |
| Wed, 23 Aug 2023 | RM246.8b | RM198.3b | RM15.5b | 13.5x | 16x | 1.2x |
| Fri, 21 Jul 2023 | RM245.3b | RM198.4b | RM15.6b | 12.9x | 15.7x | 1.2x |
| Sun, 18 Jun 2023 | RM240.5b | RM201.7b | RM15.7b | 12.3x | 15.4x | 1.2x |
| Tue, 16 May 2023 | RM245.5b | RM202.9b | RM18.0b | 12x | 13.6x | 1.2x |
| Thu, 13 Apr 2023 | RM245.8b | RM202.8b | RM18.0b | 11.9x | 13.7x | 1.2x |
| Sat, 11 Mar 2023 | RM240.7b | RM200.2b | RM17.9b | 12.2x | 13.4x | 1.2x |
| Mon, 06 Feb 2023 | RM248.2b | RM198.8b | RM18.7b | 12.8x | 13.3x | 1.2x |
| Wed, 04 Jan 2023 | RM243.3b | RM198.4b | RM18.6b | 12.1x | 13.1x | 1.2x |
| Fri, 02 Dec 2022 | RM238.9b | RM193.0b | RM17.8b | 12.7x | 13.4x | 1.2x |
| Sun, 30 Oct 2022 | RM233.9b | RM189.1b | RM18.2b | 11.5x | 12.8x | 1.2x |
| Tue, 27 Sep 2022 | RM227.3b | RM188.0b | RM18.2b | 11.6x | 12.5x | 1.2x |
| Thu, 25 Aug 2022 | RM233.0b | RM181.1b | RM17.2b | 12x | 13.5x | 1.3x |
| Sat, 23 Jul 2022 | RM233.7b | RM175.8b | RM16.9b | 12.4x | 13.8x | 1.3x |
| Mon, 20 Jun 2022 | RM235.9b | RM175.3b | RM16.8b | 12.9x | 14x | 1.3x |
| Wed, 18 May 2022 | RM256.2b | RM165.4b | RM15.5b | 16.1x | 16.5x | 1.5x |
| Fri, 15 Apr 2022 | RM262.6b | RM164.7b | RM15.5b | 16.6x | 17x | 1.6x |
| Sun, 13 Mar 2022 | RM253.6b | RM166.2b | RM15.6b | 16x | 16.2x | 1.5x |
| Tue, 08 Feb 2022 | RM226.9b | RM152.2b | RM14.0b | 14.3x | 16.2x | 1.5x |
| Thu, 06 Jan 2022 | RM231.4b | RM151.7b | RM14.0b | 14.4x | 16.5x | 1.5x |
| Sat, 04 Dec 2021 | RM227.7b | RM151.6b | RM14.0b | 14.9x | 16.3x | 1.5x |
| Mon, 01 Nov 2021 | RM240.6b | RM143.0b | RM12.7b | 15.1x | 19x | 1.7x |
| Wed, 29 Sep 2021 | RM233.1b | RM142.8b | RM12.7b | 15x | 18.4x | 1.6x |
| Fri, 27 Aug 2021 | RM242.4b | RM142.6b | RM12.7b | 17x | 19.1x | 1.7x |
| Sat, 03 Jul 2021 | RM234.8b | RM142.6b | RM12.7b | 15.3x | 18.5x | 1.6x |
Price to Earnings Ratio
18.5x
Current Industry PE
- Investors are optimistic on the Malaysian Consumer Staples industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.6x which is higher than its 3-year average PE of 16.6x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Staples sector?
| MY Market | 0.47% | |
| Consumer Staples | -1.61% | |
| Household Products | 2.69% | |
| Food and Staples Retail | -1.09% | |
| Beverage | -1.36% | |
| Tobacco | -1.42% | |
| Food | -1.67% | |
| Personal Products | -1.85% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry, which is trading close to its 3-year average PE ratio of 31.5x.
- Analysts are expecting annual earnings growth of 31.4%, which is higher than its past year's earnings growth of 10.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 80% over the next 5 years.
- In contrast, the Tobacco 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HUPSENG Hup Seng Industries Berhad | RM1.17 | 17.6% +RM140.0m | 77.3% | PE19x | |
| FAREAST Far East Holdings Berhad | RM3.70 | 5.1% +RM106.9m | 0% | PE19.7x | |
| GENP Genting Plantations Berhad | RM6.04 | 1.9% +RM98.7m | 0.7% | PE21x | |
| MFLOUR Malayan Flour Mills Berhad | RM0.87 | 9.4% +RM92.9m | 33.8% | PE51.9x | |
| CCK CCK Consolidated Holdings Berhad | RM1.63 | 7.9% +RM74.5m | 129.6% | PE11.4x |
