Malaysian (KLSE) Medical Equipment Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies9
- 7D3.5%
- 3M37.5%
- 1Y44.3%
- YTD27.3%
In the last week, the Medical Equipment industry is up 9.0%, with Hartalega Holdings Berhad up 5.3%. This takes the industry's 12 month performance to a gain of 35%. Earnings are forecast to grow by 76% annually.
Industry Valuation and Performance
Has the Malaysian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM31.2b | RM6.8b | -RM898,530,870.00 | 527.8x | -34.7x | 4.6x |
| Mon, 13 May 2024 | RM27.0b | RM6.8b | -RM1,365,243,449.00 | 459.2x | -19.8x | 4x |
| Wed, 10 Apr 2024 | RM24.5b | RM6.8b | -RM1,365,501,576.00 | 387.5x | -18x | 3.6x |
| Fri, 08 Mar 2024 | RM22.3b | RM6.9b | -RM1,478,970,576.00 | 324.7x | -15.1x | 3.2x |
| Sun, 04 Feb 2024 | RM25.1b | RM7.1b | -RM1,635,988,368.00 | 462.1x | -15.4x | 3.5x |
| Tue, 02 Jan 2024 | RM24.4b | RM7.1b | -RM1,635,988,368.00 | 423.2x | -14.9x | 3.4x |
| Thu, 30 Nov 2023 | RM23.0b | RM7.3b | -RM1,739,164,368.00 | 388.9x | -13.2x | 3.1x |
| Sat, 28 Oct 2023 | RM18.9b | RM7.7b | -RM1,774,706,939.00 | n/a | -10.6x | 2.5x |
| Mon, 25 Sep 2023 | RM19.8b | RM8.2b | -RM1,374,518,716.00 | n/a | -14.4x | 2.4x |
| Wed, 23 Aug 2023 | RM19.6b | RM8.3b | -RM1,315,907,919.00 | n/a | -14.9x | 2.3x |
| Fri, 21 Jul 2023 | RM20.1b | RM9.1b | -RM1,101,946,402.00 | 78.8x | -18.2x | 2.2x |
| Sun, 18 Jun 2023 | RM21.5b | RM10.1b | -RM895,823,918.00 | 82.4x | -24x | 2.1x |
| Tue, 16 May 2023 | RM22.3b | RM10.4b | -RM822,353,918.00 | 79.4x | -27.1x | 2.1x |
| Thu, 13 Apr 2023 | RM23.1b | RM11.1b | -RM603,786,526.00 | 22.5x | -38.3x | 2.1x |
| Sat, 11 Mar 2023 | RM16.3b | RM12.0b | -RM351,572,526.00 | 18.1x | -46.3x | 1.4x |
| Mon, 06 Feb 2023 | RM18.1b | RM14.2b | RM804.4m | 16.5x | 22.5x | 1.3x |
| Wed, 04 Jan 2023 | RM18.4b | RM14.2b | RM804.4m | 16.8x | 22.9x | 1.3x |
| Fri, 02 Dec 2022 | RM18.1b | RM15.2b | RM1.2b | 28.2x | 15.4x | 1.2x |
| Sun, 30 Oct 2022 | RM20.2b | RM18.7b | RM3.3b | 6.8x | 6.2x | 1.1x |
| Tue, 27 Sep 2022 | RM15.6b | RM18.7b | RM3.3b | 5x | 4.8x | 0.8x |
| Thu, 25 Aug 2022 | RM17.8b | RM19.8b | RM3.9b | 4.2x | 4.6x | 0.9x |
| Sat, 23 Jul 2022 | RM23.5b | RM26.1b | RM8.0b | 2.9x | 2.9x | 0.9x |
| Mon, 20 Jun 2022 | RM24.3b | RM26.1b | RM8.0b | 3x | 3x | 0.9x |
| Wed, 18 May 2022 | RM35.2b | RM30.5b | RM11.2b | 2.4x | 3.1x | 1.2x |
| Fri, 15 Apr 2022 | RM39.0b | RM33.3b | RM13.5b | 1.7x | 2.9x | 1.2x |
| Sun, 13 Mar 2022 | RM36.5b | RM33.3b | RM13.5b | 1.6x | 2.7x | 1.1x |
| Tue, 08 Feb 2022 | RM48.6b | RM40.3b | RM18.5b | 1.8x | 2.6x | 1.2x |
| Thu, 06 Jan 2022 | RM49.6b | RM40.3b | RM18.5b | 1.8x | 2.7x | 1.2x |
| Sat, 04 Dec 2021 | RM54.8b | RM43.5b | RM20.7b | 2.5x | 2.6x | 1.3x |
| Mon, 01 Nov 2021 | RM54.3b | RM42.7b | RM20.5b | 1.8x | 2.6x | 1.3x |
| Wed, 29 Sep 2021 | RM56.5b | RM40.9b | RM19.9b | 2.3x | 2.8x | 1.4x |
| Fri, 27 Aug 2021 | RM73.7b | RM41.9b | RM20.5b | 3.1x | 3.6x | 1.8x |
| Sat, 03 Jul 2021 | RM76.6b | RM41.9b | RM20.5b | 2.9x | 3.7x | 1.8x |
Price to Earnings Ratio
3.7x
Current Industry PE
- Investors are optimistic on the Malaysian Medical Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- Total earnings for the Medical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 45% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Healthcare industry?
| MY Market | 0.47% | |
| Healthcare | 1.16% | |
| Medical Equipment | 3.54% | |
| Medical Equipment | 3.70% | |
| Medical Supplies | 3.54% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 76% over the next 5 years.
- This is better than its past earnings growth rate of 62% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 76% 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 | |
|---|---|---|---|---|---|
| HARTA Hartalega Holdings Berhad | RM3.59 | 5.3% +RM614.4m | 71.0% | PE963.2x | |
| TOPGLOV Top Glove Corporation Bhd | RM1.17 | 4.5% +RM400.5m | 20.0% | PS4.6x | |
| KOSSAN Kossan Rubber Industries Bhd | RM2.50 | 1.2% +RM76.5m | 81.2% | PE92.4x | |
| LKL LKL International Berhad | RM0.14 | 3.7% +RM1.9m | -6.7% | PS1.2x |