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Malaysian (KLSE) Medical Equipment Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
  • 7D17.5%
  • 3M31.2%
  • 1Y23.4%
  • YTD29.5%

In the last week, the Medical Equipment industry is up 17%, with Hartalega Holdings Berhad leading the way, up 22%. This means that the industry has gained 23% over the past year. Earnings are forecast to grow by 101% annually.

Industry Valuation and Performance

Has the Malaysian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 May 2024RM31.8bRM6.8b-RM1,365,561,387.00474.5x-23.3x4.7x
Wed, 17 Apr 2024RM23.6bRM6.8b-RM1,365,501,576.00376.8x-17.3x3.5x
Fri, 15 Mar 2024RM23.0bRM6.9b-RM1,478,970,576.00333.7x-15.6x3.3x
Sun, 11 Feb 2024RM24.0bRM7.1b-RM1,581,698,368.00448.3x-15.2x3.4x
Tue, 09 Jan 2024RM26.8bRM7.1b-RM1,635,988,368.00464.3x-16.4x3.8x
Thu, 07 Dec 2023RM22.0bRM7.3b-RM1,747,934,368.00384.3x-12.6x3x
Sat, 04 Nov 2023RM19.0bRM7.7b-RM1,766,124,368.00n/a-10.7x2.5x
Mon, 02 Oct 2023RM19.1bRM8.2b-RM1,374,518,716.00n/a-13.9x2.3x
Wed, 30 Aug 2023RM19.1bRM8.3b-RM1,345,194,326.00n/a-14.2x2.3x
Fri, 28 Jul 2023RM20.1bRM9.1b-RM1,101,946,402.0081.2x-18.3x2.2x
Sun, 25 Jun 2023RM19.8bRM9.1b-RM1,041,705,918.0079.4x-19x2.2x
Tue, 23 May 2023RM25.6bRM10.1b-RM876,805,918.0088.4x-29.2x2.5x
Thu, 20 Apr 2023RM21.5bRM11.1b-RM603,786,526.0020.9x-35.6x1.9x
Sat, 18 Mar 2023RM19.8bRM11.1b-RM603,786,526.0019.9x-32.9x1.8x
Mon, 13 Feb 2023RM17.3bRM13.7bRM513.4m7.4x33.7x1.3x
Wed, 11 Jan 2023RM17.8bRM14.2bRM804.4m16.2x22.2x1.3x
Fri, 09 Dec 2022RM17.4bRM15.2bRM1.2b25.7x14.9x1.1x
Sun, 06 Nov 2022RM19.2bRM17.9bRM2.7b7.6x7x1.1x
Tue, 04 Oct 2022RM15.6bRM18.7bRM3.3b5.3x4.8x0.8x
Thu, 01 Sep 2022RM17.5bRM19.7bRM3.8b5.3x4.6x0.9x
Sat, 30 Jul 2022RM23.3bRM24.5bRM7.0b3.8x3.3x1x
Mon, 27 Jun 2022RM24.4bRM26.1bRM8.0b2.9x3x0.9x
Wed, 25 May 2022RM33.3bRM30.4bRM11.2b2.3x3x1.1x
Fri, 22 Apr 2022RM38.1bRM33.3bRM13.5b1.7x2.8x1.1x
Sun, 20 Mar 2022RM39.8bRM33.3bRM13.5b1.7x3x1.2x
Tue, 15 Feb 2022RM42.9bRM39.2bRM17.7b1.6x2.4x1.1x
Thu, 13 Jan 2022RM49.8bRM40.3bRM18.5b1.9x2.7x1.2x
Sat, 11 Dec 2021RM44.5bRM43.5bRM20.7b1.6x2.2x1x
Mon, 08 Nov 2021RM52.1bRM43.4bRM20.9b1.8x2.5x1.2x
Wed, 06 Oct 2021RM56.2bRM42.5bRM20.5b2x2.7x1.3x
Fri, 03 Sep 2021RM71.1bRM41.9bRM20.5b2.9x3.5x1.7x
Sun, 01 Aug 2021RM74.7bRM41.9bRM20.5b3.2x3.7x1.8x
Price to Earnings Ratio

5.6x


Total Market Cap: RM95.1bTotal Earnings: RM16.9bTotal Revenue: RM36.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Medical Equipment Industry Price to Earnings3Y Average -3.8x202220232024
Current Industry PE
  • Investors are optimistic on the Malaysian Medical Equipment industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • Total earnings for the Medical Equipment industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 43% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Malaysian Healthcare industry?

MY Market1.94%
Healthcare4.09%
Medical Equipment17.47%
Medical Supplies17.49%
Medical Equipment8.00%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 101% over the next 5 years.
    • This is better than its past earnings decline of 92% per year.
    • In contrast, the Medical Supplies industry is expected to see its earnings grow by 101% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		HARTA Hartalega Holdings BerhadRM3.6521.7%
    +RM2.2b    		40.9%PS6.8x
    		TOPGLOV Top Glove Corporation BhdRM1.2026.3%
    +RM2.0b    		0%PS4.7x
    		SUPERMX Supermax Corporation BerhadRM0.9810.7%
    +RM242.8m    		-1.5%PS3.5x
    		KOSSAN Kossan Rubber Industries BhdRM2.483.3%
    +RM204.1m    		63.2%PE474.5x
    		ADVENTA Adventa BerhadRM0.3819.0%
    +RM18.3m    		-37.5%PS3.1x
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    Latest News

    TOPGLOV

    RM1.20

    Top Glove Corporation Bhd

    7D

    26.3%

    1Y

    0%

    HARTA

    RM3.65

    Hartalega Holdings Berhad

    7D

    21.7%

    1Y

    40.9%

    LKL

    RM0.14

    LKL International Berhad

    7D

    8.0%

    1Y

    -3.6%

    SUPERMX

    RM0.98

    Supermax Corporation Berhad

    7D

    10.7%

    1Y

    -1.5%

    ADVENTA

    RM0.38

    Adventa Berhad

    7D

    19.0%

    1Y

    -37.5%

    ONEGLOVE

    RM0.25

    One Glove Group Berhad

    7D

    -2.0%

    1Y

    -10.7%

    COMFORT

    RM0.51

    Comfort Gloves Berhad

    7D

    6.3%

    1Y

    21.4%

    KOSSAN

    RM2.48

    Kossan Rubber Industries Bhd

    7D

    3.3%

    1Y

    63.2%

    CAREPLS

    RM0.34

    Careplus Group Berhad

    7D

    7.8%

    1Y

    9.5%