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May 01
Malaysian (KLSE) Market Analysis & Valuation
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies969
- 7D1.8%
- 3M7.7%
- 1Y14.7%
- YTD11.1%
The market has climbed by 1.8% over the past week, with every sector up and the Utilities sector leading the way. In the last year, the market has climbed 15%. As for the next few years, earnings are expected to grow by 12% per annum.
Market Valuation and Performance
Has the Malaysian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | RM1.9t | RM1.2t | RM99.8b | 16.8x | 19.5x | 1.6x |
| Fri, 05 Apr 2024 | RM1.9t | RM1.2t | RM99.5b | 16.4x | 18.9x | 1.6x |
| Sun, 03 Mar 2024 | RM1.8t | RM1.2t | RM99.3b | 15.7x | 18.4x | 1.5x |
| Tue, 30 Jan 2024 | RM1.8t | RM1.2t | RM82.9b | 15.9x | 22x | 1.5x |
| Thu, 28 Dec 2023 | RM1.8t | RM1.2t | RM83.1b | 15.4x | 21.2x | 1.4x |
| Sat, 25 Nov 2023 | RM1.7t | RM1.2t | RM81.1b | 15.5x | 21.5x | 1.4x |
| Mon, 23 Oct 2023 | RM1.7t | RM1.2t | RM79.2b | 15.4x | 21.7x | 1.4x |
| Wed, 20 Sep 2023 | RM1.7t | RM1.2t | RM79.7b | 15.6x | 21.9x | 1.4x |
| Fri, 18 Aug 2023 | RM1.7t | RM1.2t | RM81.3b | 15x | 21.2x | 1.4x |
| Sun, 16 Jul 2023 | RM1.7t | RM1.2t | RM82.5b | 14x | 20.3x | 1.4x |
| Tue, 13 Jun 2023 | RM1.6t | RM1.2t | RM82.9b | 13.9x | 19.8x | 1.3x |
| Thu, 11 May 2023 | RM1.7t | RM1.2t | RM117.9b | 12.9x | 14.2x | 1.4x |
| Sat, 08 Apr 2023 | RM1.7t | RM1.2t | RM118.9b | 13.3x | 14.1x | 1.4x |
| Mon, 06 Mar 2023 | RM1.7t | RM1.2t | RM118.7b | 13.7x | 14.3x | 1.4x |
| Wed, 01 Feb 2023 | RM1.7t | RM1.2t | RM138.9b | 13.6x | 12.4x | 1.4x |
| Fri, 30 Dec 2022 | RM1.7t | RM1.2t | RM138.6b | 13x | 12.2x | 1.4x |
| Sun, 27 Nov 2022 | RM1.7t | RM1.2t | RM136.0b | 12.9x | 12.2x | 1.4x |
| Tue, 25 Oct 2022 | RM1.6t | RM1.1t | RM135.5b | 13.2x | 11.8x | 1.4x |
| Thu, 22 Sep 2022 | RM1.6t | RM1.1t | RM135.7b | 13.7x | 11.9x | 1.4x |
| Sat, 20 Aug 2022 | RM1.7t | RM1.1t | RM97.3b | 14.4x | 17.1x | 1.5x |
| Mon, 18 Jul 2022 | RM1.6t | RM1.1t | RM100.8b | 13.6x | 15.6x | 1.5x |
| Wed, 15 Jun 2022 | RM1.6t | RM1.1t | RM100.6b | 14.4x | 16.4x | 1.5x |
| Fri, 13 May 2022 | RM1.7t | RM1.0t | RM95.6b | 15.2x | 18.1x | 1.7x |
| Sun, 10 Apr 2022 | RM1.8t | RM1.0t | RM98.2b | 15.6x | 18.2x | 1.7x |
| Tue, 08 Mar 2022 | RM1.7t | RM1.0t | RM99.6b | 14.3x | 17.3x | 1.6x |
| Thu, 03 Feb 2022 | RM1.7t | RM995.2b | RM94.1b | 15.4x | 18.1x | 1.7x |
| Sat, 01 Jan 2022 | RM1.8t | RM993.2b | RM94.2b | 15.8x | 18.7x | 1.8x |
| Mon, 29 Nov 2021 | RM1.7t | RM994.4b | RM96.8b | 15.2x | 17.8x | 1.7x |
| Wed, 27 Oct 2021 | RM1.8t | RM984.2b | RM93.6b | 16.5x | 19.3x | 1.8x |
| Fri, 24 Sep 2021 | RM1.8t | RM982.8b | RM95.5b | 16.3x | 18.4x | 1.8x |
| Sun, 22 Aug 2021 | RM1.7t | RM982.3b | RM95.7b | 16.1x | 18x | 1.8x |
| Fri, 09 Jul 2021 | RM1.7t | RM981.9b | RM95.6b | 15.7x | 17.8x | 1.7x |
Price to Earnings Ratio
22.4x
Current Market PE
- Investors are optimistic on the Malaysian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 19.5x which is higher than its 3-year average PE of 17.6x.
Past Earnings Growth
- The earnings for Malaysian listed companies have grown 8.5% per year over the last three years.
- Revenues for these companies have grown 9.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Malaysian Market?
| MY Market | 1.76% | |
| Utilities | 4.56% | |
| Tech | 2.38% | |
| Industrials | 2.31% | |
| Consumer Discretionary | 2.19% | |
| Financials | 1.79% | |
| Real Estate | 1.75% | |
| Materials | 1.04% | |
| Consumer Staples | 0.76% | |
| Energy | 0.72% | |
| Healthcare | 0.52% | |
| Telecom | 0.11% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 48.5x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 28.6% which is higher than its past year's earnings decline of 17.5% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.5x.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 5.3% 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 | Sector | |
|---|---|---|---|---|---|---|
| YTL YTL Corporation Berhad | RM3.40 | 9.7% +RM3.3b | 403.7% | PE18x | Utilities | |
| YTLPOWR YTL Power International Berhad | RM4.95 | 7.6% +RM2.8b | 350.0% | PE12x | Utilities | |
| TENAGA Tenaga Nasional Berhad | RM12.40 | 3.7% +RM2.5b | 37.3% | PE25.9x | Utilities | |
| MRDIY Mr D.I.Y. Group (M) Berhad | RM1.78 | 14.1% +RM2.1b | 11.9% | PE30x | Consumer Discretionary | |
| PCHEM PETRONAS Chemicals Group Berhad | RM6.98 | 2.9% +RM1.6b | -4.5% | PE32.9x | Materials |
