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Jun 14
Malaysian (KLSE) Real Estate Sector Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies107
- 7D0.8%
- 3M14.5%
- 1Y41.4%
- YTD22.2%
Over the last 7 days, the Real Estate industry has remained flat, although notably Mah Sing Group Berhad declined by 3.2%. As for the the longer term, the industry is up 41% over the past 12 months. Looking forward, earnings are forecast to grow by 5.8% annually.
Sector Valuation and Performance
Has the Malaysian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | RM138.7b | RM48.6b | RM7.6b | 15.1x | 18.3x | 2.9x |
| Mon, 13 May 2024 | RM130.7b | RM47.1b | RM7.3b | 14.6x | 17.8x | 2.8x |
| Wed, 10 Apr 2024 | RM126.8b | RM46.9b | RM7.3b | 14.4x | 17.3x | 2.7x |
| Fri, 08 Mar 2024 | RM116.9b | RM46.7b | RM7.4b | 13.9x | 15.9x | 2.5x |
| Sun, 04 Feb 2024 | RM117.1b | RM46.3b | RM7.3b | 13.4x | 16x | 2.5x |
| Tue, 02 Jan 2024 | RM112.1b | RM46.1b | RM7.1b | 13x | 15.7x | 2.4x |
| Thu, 30 Nov 2023 | RM110.3b | RM45.6b | RM7.0b | 12.9x | 15.7x | 2.4x |
| Sat, 28 Oct 2023 | RM109.8b | RM44.3b | RM7.3b | 14.1x | 15x | 2.5x |
| Mon, 25 Sep 2023 | RM112.9b | RM44.2b | RM7.2b | 15.2x | 15.8x | 2.6x |
| Wed, 23 Aug 2023 | RM106.3b | RM43.1b | RM6.9b | 14.4x | 15.4x | 2.5x |
| Fri, 21 Jul 2023 | RM101.4b | RM43.0b | RM6.9b | 13.1x | 14.6x | 2.4x |
| Sun, 18 Jun 2023 | RM95.6b | RM42.2b | RM6.7b | 12.8x | 14.3x | 2.3x |
| Tue, 16 May 2023 | RM94.9b | RM40.6b | RM6.2b | 12.7x | 15.4x | 2.3x |
| Thu, 13 Apr 2023 | RM96.2b | RM40.5b | RM6.3b | 12.3x | 15.3x | 2.4x |
| Sat, 11 Mar 2023 | RM93.3b | RM40.7b | RM6.0b | 12.1x | 15.6x | 2.3x |
| Mon, 06 Feb 2023 | RM95.5b | RM40.0b | RM5.8b | 12.8x | 16.4x | 2.4x |
| Wed, 04 Jan 2023 | RM88.3b | RM39.8b | RM5.3b | 12.1x | 16.6x | 2.2x |
| Fri, 02 Dec 2022 | RM89.0b | RM38.6b | RM5.1b | 13.3x | 17.3x | 2.3x |
| Sun, 30 Oct 2022 | RM84.5b | RM36.6b | RM4.2b | 13.3x | 20.1x | 2.3x |
| Tue, 27 Sep 2022 | RM85.0b | RM36.3b | RM4.4b | 13.6x | 19.5x | 2.3x |
| Thu, 25 Aug 2022 | RM88.8b | RM35.6b | RM4.2b | 14.1x | 21x | 2.5x |
| Sat, 23 Jul 2022 | RM86.0b | RM35.0b | RM3.8b | 13.8x | 22.4x | 2.5x |
| Mon, 20 Jun 2022 | RM86.5b | RM35.3b | RM3.5b | 14.9x | 24.5x | 2.5x |
| Wed, 18 May 2022 | RM90.9b | RM35.9b | RM3.7b | 15.1x | 24.8x | 2.5x |
| Fri, 15 Apr 2022 | RM92.9b | RM36.1b | RM3.6b | 15.1x | 25.6x | 2.6x |
| Sun, 13 Mar 2022 | RM89.8b | RM36.5b | RM3.8b | 14.5x | 23.7x | 2.5x |
| Tue, 08 Feb 2022 | RM90.9b | RM36.3b | RM3.2b | 15.6x | 28.9x | 2.5x |
| Thu, 06 Jan 2022 | RM92.2b | RM36.2b | RM2.8b | 14.5x | 32.4x | 2.5x |
| Sat, 04 Dec 2021 | RM90.9b | RM36.2b | RM2.9b | 13.4x | 30.9x | 2.5x |
| Mon, 01 Nov 2021 | RM99.4b | RM38.5b | RM2.8b | 13.6x | 35.6x | 2.6x |
| Wed, 29 Sep 2021 | RM93.0b | RM39.1b | RM2.9b | 12.4x | 31.5x | 2.4x |
| Fri, 27 Aug 2021 | RM92.4b | RM39.4b | RM2.9b | 12.5x | 31.4x | 2.3x |
| Sat, 03 Jul 2021 | RM89.9b | RM39.4b | RM2.9b | 12.8x | 30.5x | 2.3x |
Price to Earnings Ratio
30.5x
Current Industry PE
- Investors are pessimistic on the Malaysian Real Estate 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 18.3x which is lower than its 3-year average PE of 21.1x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Real Estate sector?
| MY Market | 0.47% | |
| Real Estate | 0.84% | |
| Real Estate | 1.41% | |
| Industrial REITs | 0.95% | |
| Office REITs | 0.68% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Retail REITs | -0.053% | |
| REITS | -0.70% | |
| Hotel and Resort REITs | -0.81% | |
| Health Care REITs | -1.55% | |
Industry PE
- Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 21.2x.
- Analysts expect its future annual earnings growth (10.7%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Hotel and Resort REITs industry, which is trading close to its 3-year average of 12.5x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 11% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 19% 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 | |
|---|---|---|---|---|---|
| SIMEPROP Sime Darby Property Berhad | RM1.40 | 2.9% +RM272.0m | 201.1% | PE20.2x | |
| LBS LBS Bina Group Berhad | RM0.86 | 23.6% +RM255.7m | 106.0% | PE11.2x | |
| KSL KSL Holdings Berhad | RM2.07 | 12.5% +RM234.0m | 147.9% | PE4.9x | |
| UEMS UEM Sunrise Berhad | RM1.18 | 3.5% +RM202.3m | 353.8% | PE92x | |
| ECOWLD Eco World Development Group Berhad | RM1.64 | 3.1% +RM147.3m | 101.2% | PE23.9x |
