Malaysian (KLSE) Healthcare Services Industry Analysis
UpdatedJun 14, 2024
DataAggregated Company Financials
Companies6
- 7D-0.8%
- 3M-4.4%
- 1Y-17.6%
- YTDn/a
The Healthcare Services is pretty flat in the last 7 days, but Optimax Holdings Berhad has stood out, gaining 4.3%. As for the longer term, the industry has declined 18% in the last year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Malaysian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM3.4b | RM742.7m | RM45.9m | 30.5x | 73.1x | 4.5x |
| Mon, 13 May 2024 | RM3.6b | RM737.3m | RM95.5m | 31.7x | 37.5x | 4.9x |
| Wed, 10 Apr 2024 | RM3.6b | RM716.1m | RM98.9m | 30.1x | 36.3x | 5x |
| Fri, 08 Mar 2024 | RM1.9b | RM578.6m | RM45.6m | 56.4x | 42.6x | 3.4x |
| Sun, 04 Feb 2024 | RM2.4b | RM549.6m | RM49.4m | 43.4x | 49.4x | 4.4x |
| Tue, 02 Jan 2024 | RM2.5b | RM528.0m | RM40.3m | 42.7x | 63.1x | 4.8x |
| Thu, 30 Nov 2023 | RM2.5b | RM528.2m | RM41.2m | 45x | 60.5x | 4.7x |
| Sat, 28 Oct 2023 | RM2.6b | RM507.6m | RM32.3m | 45.5x | 80.3x | 5.1x |
| Mon, 25 Sep 2023 | RM2.6b | RM507.6m | RM32.3m | 45.7x | 80.1x | 5.1x |
| Wed, 23 Aug 2023 | RM2.7b | RM495.1m | RM68.2m | 36.6x | 39.7x | 5.5x |
| Fri, 21 Jul 2023 | RM2.3b | RM495.1m | RM68.2m | 37.1x | 33.9x | 4.7x |
| Sun, 18 Jun 2023 | RM2.4b | RM495.1m | RM68.2m | 36.9x | 34.8x | 4.8x |
| Tue, 16 May 2023 | RM2.4b | RM585.8m | RM111.8m | 26.3x | 21.5x | 4.1x |
| Thu, 13 Apr 2023 | RM2.5b | RM585.7m | RM112.0m | 26.5x | 22x | 4.2x |
| Sat, 11 Mar 2023 | RM2.6b | RM585.7m | RM112.0m | 27.4x | 23.3x | 4.5x |
| Mon, 06 Feb 2023 | RM3.0b | RM640.7m | RM161.7m | 27.3x | 18.4x | 4.6x |
| Wed, 04 Jan 2023 | RM3.1b | RM640.7m | RM161.7m | 27.3x | 19.2x | 4.9x |
| Fri, 02 Dec 2022 | RM3.1b | RM641.8m | RM163.4m | 24.9x | 18.7x | 4.8x |
| Sun, 30 Oct 2022 | RM3.1b | RM680.8m | RM199.5m | 25.7x | 15.3x | 4.5x |
| Tue, 27 Sep 2022 | RM3.7b | RM680.8m | RM199.5m | 24.8x | 18.8x | 5.5x |
| Thu, 25 Aug 2022 | RM4.2b | RM664.7m | RM162.7m | 32.6x | 26x | 6.4x |
| Sat, 23 Jul 2022 | RM4.4b | RM655.1m | RM160.1m | 31.8x | 27.6x | 6.7x |
| Mon, 20 Jun 2022 | RM1.7b | RM397.4m | RM42.0m | 41x | 39.5x | 4.2x |
| Wed, 18 May 2022 | RM1.7b | RM375.6m | RM39.0m | 44.4x | 43.9x | 4.6x |
| Fri, 15 Apr 2022 | RM1.7b | RM375.6m | RM39.0m | 46x | 44.8x | 4.6x |
| Sun, 13 Mar 2022 | RM1.7b | RM375.6m | RM39.0m | 42.7x | 43.2x | 4.5x |
| Tue, 08 Feb 2022 | RM1.7b | RM351.2m | RM35.7m | 51.7x | 47.1x | 4.8x |
| Thu, 06 Jan 2022 | RM1.7b | RM351.2m | RM35.7m | 49.3x | 46.6x | 4.7x |
| Sat, 04 Dec 2021 | RM1.7b | RM351.2m | RM35.7m | 48.4x | 47x | 4.8x |
| Mon, 01 Nov 2021 | RM1.7b | RM337.7m | RM36.6m | 47.2x | 46.8x | 5.1x |
| Wed, 29 Sep 2021 | RM1.7b | RM337.7m | RM36.6m | 47.9x | 45.4x | 4.9x |
| Fri, 27 Aug 2021 | RM1.9b | RM361.2m | RM40.0m | 51.6x | 46.6x | 5.2x |
| Sat, 03 Jul 2021 | RM2.0b | RM361.2m | RM40.0m | 53.8x | 48.9x | 5.4x |
Price to Earnings Ratio
48.9x
Current Industry PE
- Investors are optimistic on the Malaysian Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 73.1x which is higher than its 3-year average PE of 40.3x.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 4.8% per year over the last three years.
- Revenues for these companies have grown 27% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Malaysian Healthcare Services compare with similar industries?
| MY Market | 1.15% | |
| Healthcare | 3.05% | |
| Healthcare Services | 0.72% | |
| Healthcare Services | -0.79% | |
| Healthcare Distributors | 6.91% | |
| Healthcare Facilities | 0.76% | |
| Managed Healthcare | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OPTIMAX Optimax Holdings Berhad | RM0.72 | 4.3% +RM16.3m | -2.0% | PE30.4x |