Malaysian (KLSE) Capital Markets Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies11
- 7D0.7%
- 3M9.6%
- 1Y22.7%
- YTD14.3%
In the last week, the Capital Markets industry is up 2.0%, with Bursa Malaysia Berhad up 2.4%. This means that the industry has gained 24% over the past year. As for the next few years, earnings are expected to grow by 2.5% per annum.
Industry Valuation and Performance
Has the Malaysian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | RM10.6b | RM1.8b | RM566.8m | 14.5x | 18.7x | 5.8x |
| Fri, 26 Apr 2024 | RM9.5b | RM1.8b | RM562.7m | 13.4x | 16.9x | 5.3x |
| Sun, 24 Mar 2024 | RM9.6b | RM1.8b | RM562.7m | 13.7x | 17x | 5.3x |
| Tue, 20 Feb 2024 | RM9.7b | RM1.8b | RM599.9m | 15.6x | 16.2x | 5.5x |
| Thu, 18 Jan 2024 | RM9.6b | RM1.8b | RM586.0m | 14.2x | 16.4x | 5.4x |
| Sat, 16 Dec 2023 | RM8.9b | RM1.7b | RM577.6m | 10.2x | 15.4x | 5.1x |
| Mon, 13 Nov 2023 | RM8.7b | RM1.7b | RM472.8m | 18.2x | 18.4x | 5x |
| Wed, 11 Oct 2023 | RM9.0b | RM1.7b | RM462.5m | 19.2x | 19.5x | 5.3x |
| Fri, 08 Sep 2023 | RM8.8b | RM1.7b | RM462.5m | 19.7x | 19x | 5.1x |
| Sun, 06 Aug 2023 | RM8.9b | RM1.7b | RM375.2m | 23.7x | 23.7x | 5.2x |
| Tue, 04 Jul 2023 | RM8.5b | RM1.7b | RM358.4m | 24.3x | 23.8x | 5x |
| Thu, 01 Jun 2023 | RM8.4b | RM1.7b | RM358.3m | 23.4x | 23.3x | 4.9x |
| Sat, 29 Apr 2023 | RM8.5b | RM1.7b | RM381.9m | 22.4x | 22.3x | 5x |
| Mon, 27 Mar 2023 | RM8.6b | RM1.7b | RM382.5m | 22.8x | 22.5x | 5.1x |
| Wed, 22 Feb 2023 | RM8.7b | RM1.8b | RM347.0m | 23.7x | 25.2x | 4.9x |
| Fri, 20 Jan 2023 | RM9.6b | RM1.8b | RM389.9m | 22.8x | 24.6x | 5.2x |
| Sun, 18 Dec 2022 | RM9.6b | RM1.8b | RM389.9m | 22.6x | 24.6x | 5.2x |
| Tue, 15 Nov 2022 | RM9.1b | RM1.9b | RM493.7m | 17.5x | 18.4x | 4.8x |
| Thu, 13 Oct 2022 | RM8.9b | RM1.9b | RM497.2m | 14.3x | 18x | 4.7x |
| Sat, 10 Sep 2022 | RM8.6b | RM1.9b | RM497.2m | 14.8x | 17.3x | 4.5x |
| Mon, 08 Aug 2022 | RM8.8b | RM2.0b | RM426.4m | 10.8x | 20.5x | 4.3x |
| Wed, 06 Jul 2022 | RM8.5b | RM2.1b | RM452.7m | 9.5x | 18.8x | 4.1x |
| Fri, 03 Jun 2022 | RM8.9b | RM2.1b | RM452.7m | 9.9x | 19.7x | 4.3x |
| Sun, 01 May 2022 | RM9.3b | RM2.2b | RM527.4m | 9.3x | 17.7x | 4.2x |
| Tue, 29 Mar 2022 | RM9.3b | RM2.3b | RM580.8m | 9.6x | 16.1x | 4.1x |
| Thu, 24 Feb 2022 | RM9.1b | RM2.3b | RM660.5m | 9x | 13.8x | 3.9x |
| Sat, 22 Jan 2022 | RM9.0b | RM2.4b | RM700.6m | 8.3x | 12.8x | 3.7x |
| Mon, 20 Dec 2021 | RM9.1b | RM2.4b | RM701.0m | 8.9x | 12.9x | 3.8x |
| Wed, 17 Nov 2021 | RM9.5b | RM2.5b | RM757.3m | 7.3x | 12.6x | 3.8x |
| Fri, 15 Oct 2021 | RM10.2b | RM2.6b | RM802.2m | 7.2x | 12.8x | 3.9x |
| Sun, 12 Sep 2021 | RM9.8b | RM2.6b | RM1.7b | 6.4x | 5.7x | 3.8x |
| Tue, 10 Aug 2021 | RM9.7b | RM2.6b | RM1.7b | 5.7x | 5.6x | 3.7x |
Price to Earnings Ratio
6.2x
Current Industry PE
- Investors are relatively neutral on the Malaysian Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 17.2x.
- The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 30% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | -0.47% | |
| Financials | -0.31% | |
| Capital Markets | 0.69% | |
| Financial Exchanges and Data | 2.39% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -0.39% | |
| Investment Banking and Brokerage | -2.68% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 20.1x.
- Analysts are expecting annual earnings growth of 2.3%, which is lower than the prior year's growth of 26.3% per year.
- Investors are most pessimistic about the Asset Management industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.0x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 8.2% over the next 5 years.
- This is better than its past earnings growth rate of 5.4% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 2.3% 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 | |
|---|---|---|---|---|---|
| BURSA Bursa Malaysia Berhad | RM8.50 | 2.4% +RM161.9m | 36.7% | PE25.4x | |
| APEX Apex Equity Holdings Berhad | RM1.17 | 6.4% +RM14.2m | 0.9% | PE34.8x | |
| OSKVI OSK Ventures International Berhad | RM0.67 | 1.5% +RM2.0m | 47.3% | PE5.3x | |
| KUCHAI Kuchai Development Berhad | RM2.19 | 0.5% +RM1.2m | 81.0% | PE8.3x | |
| PEB Pimpinan Ehsan Berhad | RM1.04 | 1.0% +RM691.3k | -19.4% | PE145x |