This Is The Reason Why We Think AEON Credit Service (M) Berhad's (KLSE:AEONCR) CEO Deserves A Bump Up To Their Compensation
Jun 14
Malaysian (KLSE) Financials Sector Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies41
- 7D-0.3%
- 3M1.9%
- 1Y15.9%
- YTD7.9%
In the last week, Financials has been flat. As for the the longer term, the industry is up 16% over the past 12 months. Earnings are forecast to grow by 5.3% annually.
Sector Valuation and Performance
Has the Malaysian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM435.4b | RM112.3b | RM40.5b | 10.2x | 10.8x | 3.9x |
| Mon, 13 May 2024 | RM433.1b | RM109.6b | RM39.7b | 10.5x | 10.9x | 3.9x |
| Wed, 10 Apr 2024 | RM426.1b | RM110.2b | RM39.5b | 10.4x | 10.8x | 3.9x |
| Fri, 08 Mar 2024 | RM425.4b | RM110.2b | RM39.5b | 10.6x | 10.8x | 3.9x |
| Sun, 04 Feb 2024 | RM419.9b | RM114.2b | RM38.9b | 12.1x | 10.8x | 3.7x |
| Tue, 02 Jan 2024 | RM403.0b | RM114.2b | RM38.9b | 11.4x | 10.4x | 3.5x |
| Thu, 30 Nov 2023 | RM402.4b | RM113.3b | RM38.3b | 12.5x | 10.5x | 3.6x |
| Sat, 28 Oct 2023 | RM401.6b | RM113.2b | RM37.5b | 12.3x | 10.7x | 3.5x |
| Mon, 25 Sep 2023 | RM399.6b | RM112.9b | RM37.4b | 12.3x | 10.7x | 3.5x |
| Wed, 23 Aug 2023 | RM400.4b | RM110.7b | RM35.7b | 11.5x | 11.2x | 3.6x |
| Fri, 21 Jul 2023 | RM386.2b | RM110.7b | RM35.8b | 11.9x | 10.8x | 3.5x |
| Sun, 18 Jun 2023 | RM372.0b | RM110.6b | RM35.8b | 11.6x | 10.4x | 3.4x |
| Tue, 16 May 2023 | RM380.1b | RM109.1b | RM34.6b | 11x | 11x | 3.5x |
| Thu, 13 Apr 2023 | RM387.3b | RM109.1b | RM34.9b | 10.3x | 11.1x | 3.5x |
| Sat, 11 Mar 2023 | RM390.1b | RM108.7b | RM34.8b | 10.4x | 11.2x | 3.6x |
| Mon, 06 Feb 2023 | RM398.3b | RM105.1b | RM33.4b | 11.7x | 11.9x | 3.8x |
| Wed, 04 Jan 2023 | RM399.7b | RM105.2b | RM33.4b | 12.2x | 12x | 3.8x |
| Fri, 02 Dec 2022 | RM404.6b | RM95.9b | RM31.7b | 10.5x | 12.8x | 4.2x |
| Sun, 30 Oct 2022 | RM400.2b | RM101.0b | RM31.0b | 9.6x | 12.9x | 4x |
| Tue, 27 Sep 2022 | RM391.3b | RM100.9b | RM31.0b | 9.9x | 12.6x | 3.9x |
| Thu, 25 Aug 2022 | RM401.9b | RM99.8b | RM31.0b | 9.8x | 13x | 4x |
| Sat, 23 Jul 2022 | RM393.8b | RM99.9b | RM31.1b | 9.5x | 12.7x | 3.9x |
| Mon, 20 Jun 2022 | RM395.7b | RM99.9b | RM31.1b | 9.6x | 12.7x | 4x |
| Wed, 18 May 2022 | RM401.0b | RM99.2b | RM27.5b | 10x | 14.6x | 4x |
| Fri, 15 Apr 2022 | RM402.5b | RM98.9b | RM27.5b | 10.2x | 14.6x | 4.1x |
| Sun, 13 Mar 2022 | RM391.3b | RM99.0b | RM27.6b | 9.5x | 14.2x | 4x |
| Tue, 08 Feb 2022 | RM381.2b | RM96.8b | RM25.6b | 9.5x | 14.9x | 3.9x |
| Thu, 06 Jan 2022 | RM378.4b | RM97.0b | RM25.6b | 9.8x | 14.8x | 3.9x |
| Sat, 04 Dec 2021 | RM360.8b | RM97.0b | RM25.5b | 9.5x | 14.1x | 3.7x |
| Mon, 01 Nov 2021 | RM375.8b | RM96.0b | RM25.7b | 10.5x | 14.6x | 3.9x |
| Wed, 29 Sep 2021 | RM365.8b | RM96.9b | RM26.8b | 9.7x | 13.7x | 3.8x |
| Fri, 27 Aug 2021 | RM372.0b | RM96.9b | RM26.8b | 9.8x | 13.9x | 3.8x |
| Sat, 03 Jul 2021 | RM362.2b | RM96.9b | RM26.8b | 9.5x | 13.5x | 3.7x |
Price to Earnings Ratio
13.5x
Current Industry PE
- Investors are pessimistic on the Malaysian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 12.3x.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 5.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Financials sector?
| MY Market | 0.47% | |
| Financials | -0.33% | |
| Capital Markets | 3.01% | |
| Diversified Financial | 1.26% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | -0.22% | |
| Banks | -0.43% | |
| Insurance | -0.85% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 17.6x.
- Analysts are expecting annual earnings growth of 2.9%, which is lower than the prior year's growth of 32.3% per year.
- Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 10.9x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 15% over the next 5 years.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 2.9% per year 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 | |
|---|---|---|---|---|---|
| AFFIN AFFIN Bank Berhad | RM2.48 | 2.5% +RM274.7m | 34.8% | PB0.5x | |
| MBSB MBSB Berhad | RM0.92 | 3.4% +RM246.7m | 43.0% | PB0.8x | |
| BURSA Bursa Malaysia Berhad | RM8.83 | 2.2% +RM153.8m | 42.9% | PE26.3x | |
| AEONCR AEON Credit Service (M) Berhad | RM7.55 | 2.7% +RM102.1m | 33.4% | PE9.3x | |
| IGBB IGB Berhad | RM2.53 | 2.8% +RM92.9m | 26.5% | PE7.7x |