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Malaysian (KLSE) Machinery Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies46
- 7D2.1%
- 3M21.9%
- 1Y17.1%
- YTD20.1%
Over the last 7 days, the Machinery industry has risen 2.1%, driven by gains in Dufu Technology Berhad and Pentamaster Corporation Berhad of 12% and 4.1%, respectively. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Malaysian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM27.1b | RM10.6b | RM388.7m | 24.5x | 69.8x | 2.6x |
| Mon, 13 May 2024 | RM24.8b | RM10.6b | RM456.3m | 21.9x | 54.3x | 2.3x |
| Wed, 10 Apr 2024 | RM22.6b | RM10.6b | RM454.5m | 19.9x | 49.7x | 2.1x |
| Fri, 08 Mar 2024 | RM21.6b | RM10.6b | RM478.0m | 20.4x | 45.3x | 2x |
| Sun, 04 Feb 2024 | RM19.3b | RM10.3b | RM469.2m | 19.5x | 41.2x | 1.9x |
| Tue, 02 Jan 2024 | RM21.8b | RM10.5b | RM787.1m | 20.8x | 27.6x | 2.1x |
| Thu, 30 Nov 2023 | RM21.3b | RM10.6b | RM851.5m | 20.7x | 25x | 2x |
| Sat, 28 Oct 2023 | RM21.9b | RM10.6b | RM820.0m | 20.1x | 26.7x | 2.1x |
| Mon, 25 Sep 2023 | RM22.5b | RM10.6b | RM815.6m | 21.2x | 27.6x | 2.1x |
| Wed, 23 Aug 2023 | RM22.4b | RM10.8b | RM1.0b | 18.2x | 21.6x | 2.1x |
| Fri, 21 Jul 2023 | RM23.0b | RM10.9b | RM1.0b | 20x | 22x | 2.1x |
| Sun, 18 Jun 2023 | RM21.1b | RM10.9b | RM1.1b | 19.1x | 19.7x | 1.9x |
| Tue, 16 May 2023 | RM20.8b | RM11.0b | RM997.4m | 16.5x | 20.8x | 1.9x |
| Thu, 13 Apr 2023 | RM22.0b | RM11.0b | RM1.0b | 17.4x | 21.9x | 2x |
| Sat, 11 Mar 2023 | RM21.9b | RM11.0b | RM1.0b | 16.9x | 21.9x | 2x |
| Mon, 06 Feb 2023 | RM23.9b | RM11.0b | RM849.5m | 17.2x | 28.2x | 2.2x |
| Wed, 04 Jan 2023 | RM21.8b | RM11.0b | RM849.0m | 15.7x | 25.6x | 2x |
| Fri, 02 Dec 2022 | RM22.5b | RM10.6b | RM745.0m | 15.9x | 30.3x | 2.1x |
| Sun, 30 Oct 2022 | RM20.3b | RM10.4b | RM803.0m | 15.1x | 25.3x | 1.9x |
| Tue, 27 Sep 2022 | RM20.9b | RM10.4b | RM804.1m | 16.9x | 26x | 2x |
| Thu, 25 Aug 2022 | RM20.0b | RM9.9b | RM697.1m | 17.1x | 28.7x | 2x |
| Sat, 23 Jul 2022 | RM18.0b | RM9.7b | RM667.8m | 17.5x | 27x | 1.9x |
| Mon, 20 Jun 2022 | RM17.5b | RM9.6b | RM641.9m | 15.3x | 27.2x | 1.8x |
| Wed, 18 May 2022 | RM18.4b | RM9.2b | RM691.7m | 15.9x | 26.7x | 2x |
| Fri, 15 Apr 2022 | RM19.5b | RM9.2b | RM702.6m | 16.7x | 27.7x | 2.1x |
| Sun, 13 Mar 2022 | RM18.8b | RM9.2b | RM701.9m | 15.7x | 26.7x | 2x |
| Tue, 08 Feb 2022 | RM22.7b | RM8.4b | RM696.5m | 19.7x | 32.6x | 2.7x |
| Thu, 06 Jan 2022 | RM26.7b | RM8.4b | RM695.1m | 20.2x | 38.4x | 3.2x |
| Sat, 04 Dec 2021 | RM25.0b | RM8.4b | RM684.6m | 17x | 36.5x | 3x |
| Mon, 01 Nov 2021 | RM25.6b | RM8.1b | RM590.2m | 16.9x | 43.3x | 3.2x |
| Wed, 29 Sep 2021 | RM24.8b | RM8.0b | RM417.6m | 19.4x | 59.5x | 3.1x |
| Fri, 27 Aug 2021 | RM23.5b | RM7.9b | RM385.0m | 24.1x | 61.1x | 3x |
| Sat, 03 Jul 2021 | RM20.3b | RM7.9b | RM383.5m | 17.1x | 53x | 2.6x |
Price to Earnings Ratio
53x
Current Industry PE
- Investors are optimistic on the Malaysian Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 69.8x which is higher than its 3-year average PE of 34.1x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 Industrials industry?
| MY Market | 0.47% | |
| Industrials | 1.31% | |
| Machinery | 2.06% | |
| Agricultural Machinery | 2.50% | |
| Industrial Machinery | 2.20% | |
| Construction Machinery and Vehicles | 1.20% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 8.0%, which is lower than the prior year's growth of 32.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings decline by 8.0% 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 | |
|---|---|---|---|---|---|
| DUFU Dufu Technology Berhad | RM2.62 | 12.0% +RM148.9m | 35.8% | PE77.9x | |
| PENTA Pentamaster Corporation Berhad | RM5.11 | 4.1% +RM142.3m | 3.2% | PE41.7x | |
| KOBAY Kobay Technology Bhd | RM2.30 | 8.0% +RM54.4m | 13.9% | PE80.7x | |
| COASTAL Coastal Contracts Bhd | RM1.72 | 6.2% +RM53.4m | -22.2% | PE5.8x | |
| SFPTECH SFP Tech Holdings Berhad | RM0.85 | 1.8% +RM36.0m | -4.9% | PE53.5x |
