Should You Investigate Genting Berhad (KLSE:GENTING) At RM4.76?
May 13
Malaysian (KLSE) Consumer Discretionary Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies125
- 7D3.0%
- 3M4.9%
- 1Y8.7%
- YTD9.6%
In the last week, the Consumer Discretionary industry is up 3.0%, with Genting Berhad up 4.0%. In the same time, Berjaya Food Berhad was down 8.1%. This takes the industry's 12 month performance to a gain of 8.7%. As for the next few years, earnings are expected to grow by 19% per annum.
Sector Valuation and Performance
Has the Malaysian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | RM103.9b | RM122.6b | RM4.8b | 14.9x | 21.5x | 0.8x |
| Tue, 16 Apr 2024 | RM96.8b | RM122.8b | RM4.9b | 13.4x | 19.8x | 0.8x |
| Thu, 14 Mar 2024 | RM98.7b | RM122.4b | RM4.9b | 13.2x | 20.2x | 0.8x |
| Sat, 10 Feb 2024 | RM97.2b | RM121.3b | RM4.1b | 13.7x | 23.6x | 0.8x |
| Mon, 08 Jan 2024 | RM103.9b | RM140.6b | RM4.8b | 13.7x | 21.5x | 0.7x |
| Wed, 06 Dec 2023 | RM101.6b | RM140.4b | RM4.8b | 12.9x | 21.1x | 0.7x |
| Fri, 03 Nov 2023 | RM97.4b | RM138.1b | RM4.2b | 12x | 23.5x | 0.7x |
| Sun, 01 Oct 2023 | RM98.6b | RM138.0b | RM4.1b | 12.4x | 23.8x | 0.7x |
| Tue, 29 Aug 2023 | RM99.5b | RM137.5b | RM3.9b | 12x | 25.6x | 0.7x |
| Thu, 27 Jul 2023 | RM97.7b | RM135.2b | RM3.5b | 11.5x | 28.3x | 0.7x |
| Sat, 24 Jun 2023 | RM94.8b | RM134.9b | RM3.5b | 11.1x | 26.8x | 0.7x |
| Mon, 22 May 2023 | RM97.9b | RM130.4b | RM3.1b | 11x | 31.1x | 0.8x |
| Wed, 19 Apr 2023 | RM100.3b | RM130.8b | RM3.5b | 10.8x | 28.9x | 0.8x |
| Fri, 17 Mar 2023 | RM99.9b | RM135.1b | RM3.6b | 10.5x | 27.6x | 0.7x |
| Sun, 12 Feb 2023 | RM108.3b | RM130.8b | RM4.2b | 11x | 25.8x | 0.8x |
| Tue, 10 Jan 2023 | RM107.2b | RM131.2b | RM4.2b | 10.3x | 25.8x | 0.8x |
| Thu, 08 Dec 2022 | RM104.2b | RM130.3b | RM4.0b | 11.1x | 25.8x | 0.8x |
| Sat, 05 Nov 2022 | RM102.9b | RM116.1b | RM1.9b | 12.5x | 54.4x | 0.9x |
| Mon, 03 Oct 2022 | RM101.5b | RM116.0b | RM1.9b | 12.6x | 54.4x | 0.9x |
| Wed, 31 Aug 2022 | RM107.3b | RM114.6b | RM1.7b | 13.7x | 62.1x | 0.9x |
| Fri, 29 Jul 2022 | RM104.8b | RM104.9b | -RM183,463,880.00 | 14.7x | -571.1x | 1x |
| Sun, 26 Jun 2022 | RM102.1b | RM104.7b | -RM202,556,830.00 | 14.4x | -504.1x | 1x |
| Tue, 24 May 2022 | RM110.9b | RM99.1b | -RM1,058,753,657.00 | 17.4x | -104.8x | 1.1x |
| Thu, 21 Apr 2022 | RM111.5b | RM98.9b | -RM1,116,243,978.00 | 17.7x | -99.8x | 1.1x |
| Sat, 19 Mar 2022 | RM107.1b | RM98.9b | -RM1,100,001,819.00 | 17.1x | -97.4x | 1.1x |
| Mon, 14 Feb 2022 | RM110.8b | RM95.8b | -RM606,339,437.00 | 15.1x | -182.7x | 1.2x |
| Wed, 12 Jan 2022 | RM108.7b | RM94.6b | -RM785,311,496.00 | 16.1x | -138.5x | 1.1x |
| Fri, 10 Dec 2021 | RM104.8b | RM95.2b | -RM714,103,876.00 | 13.1x | -146.8x | 1.1x |
| Sun, 07 Nov 2021 | RM113.0b | RM102.0b | RM34.0m | 13.9x | 3327.4x | 1.1x |
| Tue, 05 Oct 2021 | RM111.3b | RM102.4b | RM96.8m | 14.2x | 1150.4x | 1.1x |
| Thu, 02 Sep 2021 | RM113.9b | RM101.8b | RM144.8m | 15.6x | 786.5x | 1.1x |
| Sat, 31 Jul 2021 | RM107.1b | RM101.8b | RM144.8m | 15.6x | 739.8x | 1.1x |
Price to Earnings Ratio
-71.4x
Current Industry PE
- Investors are pessimistic on the Malaysian Consumer Discretionary 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 21.5x which is lower than its 3-year average PE of 55.5x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- Total earnings for the Consumer Discretionary industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.9% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Discretionary sector?
| MY Market | 1.94% | |
| Consumer Discretionary | 3.00% | |
| Consumer Services | 6.06% | |
| Hospitality | 4.04% | |
| General Merchandise and Department Stores | 3.92% | |
| Specialty Stores | 2.88% | |
| Auto Components | 2.06% | |
| Retail Distributors | 1.70% | |
| Luxury | 1.57% | |
| Consumer Durables | 0.92% | |
| Auto | 0.91% | |
| Leisure | 0% | |
| Online Retail and Ecommerce | 0% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 61.0x.
- Analysts are expecting annual earnings growth of 49.0%, which is higher than its past year's earnings decline of 70.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings decline of 71% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings decline by 11% 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 | |
|---|---|---|---|---|---|
| GENTING Genting Berhad | RM4.73 | 4.0% +RM693.1m | 5.3% | PE19.6x | |
| MRDIY Mr D.I.Y. Group (M) Berhad | RM1.86 | 3.3% +RM566.9m | 16.3% | PE30.4x | |
| GENM Genting Malaysia Berhad | RM2.73 | 3.8% +RM566.8m | 1.5% | PE35.4x | |
| SPTOTO Sports Toto Berhad | RM1.47 | 5.8% +RM107.9m | 13.1% | PE11.4x | |
| SHANG Shangri-La Hotels (Malaysia) Berhad | RM2.66 | 9.9% +RM105.6m | -1.1% | PE73.1x |
