Is There An Opportunity With Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) 25% Undervaluation?
May 05
Malaysian (KLSE) Medical Supplies Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies8
- 7D29.5%
- 3M39.2%
- 1Y41.8%
- YTDn/a
In the last week, the Medical Supplies industry is up 4.2%, with all of the companies up. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 99% annually.
Industry Valuation and Performance
Has the Malaysian Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | RM33.8b | RM6.8b | -RM1,358,583,771.00 | 524.2x | -24.8x | 5x |
| Sat, 13 Apr 2024 | RM24.2b | RM6.8b | -RM1,358,523,576.00 | 389.3x | -17.8x | 3.6x |
| Mon, 11 Mar 2024 | RM21.9b | RM6.8b | -RM1,471,992,576.00 | 326.5x | -14.9x | 3.2x |
| Wed, 07 Feb 2024 | RM24.6b | RM7.1b | -RM1,619,664,648.00 | 462.1x | -15.2x | 3.5x |
| Fri, 05 Jan 2024 | RM25.6b | RM7.1b | -RM1,619,664,648.00 | 434.6x | -15.8x | 3.6x |
| Sun, 03 Dec 2023 | RM22.4b | RM7.2b | -RM1,731,610,648.00 | 386.6x | -12.9x | 3.1x |
| Tue, 31 Oct 2023 | RM18.7b | RM7.6b | -RM1,758,383,219.00 | n/a | -10.6x | 2.5x |
| Thu, 28 Sep 2023 | RM19.3b | RM8.1b | -RM1,358,194,996.00 | n/a | -14.2x | 2.4x |
| Sat, 26 Aug 2023 | RM19.1b | RM8.2b | -RM1,328,870,606.00 | n/a | -14.4x | 2.3x |
| Mon, 24 Jul 2023 | RM19.8b | RM9.0b | -RM1,085,622,682.00 | 78.8x | -18.2x | 2.2x |
| Wed, 21 Jun 2023 | RM19.9b | RM9.0b | -RM1,025,382,198.00 | 78.8x | -19.4x | 2.2x |
| Fri, 19 May 2023 | RM25.6b | RM10.3b | -RM806,030,198.00 | 90.7x | -31.7x | 2.5x |
| Sun, 16 Apr 2023 | RM23.0b | RM11.0b | -RM587,396,126.00 | 23x | -39.1x | 2.1x |
| Tue, 14 Mar 2023 | RM16.3b | RM11.9b | -RM335,182,126.00 | 17.8x | -48.6x | 1.4x |
| Thu, 09 Feb 2023 | RM17.9b | RM13.6b | RM549.8m | 7.3x | 32.5x | 1.3x |
| Sat, 07 Jan 2023 | RM18.5b | RM14.2b | RM840.8m | 16.8x | 22x | 1.3x |
| Mon, 05 Dec 2022 | RM18.1b | RM15.1b | RM1.2b | 26.3x | 15x | 1.2x |
| Wed, 02 Nov 2022 | RM20.0b | RM18.6b | RM3.3b | 5.2x | 6.1x | 1.1x |
| Fri, 30 Sep 2022 | RM14.9b | RM18.6b | RM3.3b | 4x | 4.5x | 0.8x |
| Sun, 28 Aug 2022 | RM17.5b | RM19.6b | RM3.8b | 4.2x | 4.6x | 0.9x |
| Tue, 26 Jul 2022 | RM23.8b | RM26.0b | RM8.1b | 3x | 2.9x | 0.9x |
| Thu, 23 Jun 2022 | RM23.7b | RM26.0b | RM8.1b | 2.9x | 2.9x | 0.9x |
| Sat, 21 May 2022 | RM33.8b | RM30.4b | RM11.2b | 2.3x | 3x | 1.1x |
| Mon, 18 Apr 2022 | RM38.9b | RM33.3b | RM13.5b | 1.7x | 2.9x | 1.2x |
| Wed, 16 Mar 2022 | RM39.0b | RM33.3b | RM13.5b | 1.7x | 2.9x | 1.2x |
| Fri, 11 Feb 2022 | RM43.6b | RM39.1b | RM17.8b | 1.6x | 2.5x | 1.1x |
| Sun, 09 Jan 2022 | RM50.2b | RM40.2b | RM18.5b | 1.9x | 2.7x | 1.2x |
| Tue, 07 Dec 2021 | RM51.8b | RM43.5b | RM20.7b | 1.9x | 2.5x | 1.2x |
| Thu, 04 Nov 2021 | RM51.9b | RM43.3b | RM20.9b | 1.8x | 2.5x | 1.2x |
| Sat, 02 Oct 2021 | RM57.1b | RM40.8b | RM19.9b | 2.2x | 2.9x | 1.4x |
| Mon, 30 Aug 2021 | RM75.0b | RM41.8b | RM20.5b | 3.1x | 3.7x | 1.8x |
| Tue, 06 Jul 2021 | RM76.5b | RM41.8b | RM20.5b | 2.9x | 3.7x | 1.8x |
Price to Earnings Ratio
5.6x
Current Industry PE
- Investors are optimistic on the Malaysian Health Care Supplies 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 4.0x.
Past Earnings Growth
- Total earnings for the Health Care Supplies 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 Comparison
How does Malaysian Medical Supplies compare with similar industries?
| MY Market | 0.71% | |
| Healthcare | 6.94% | |
| Medical Equipment | 29.50% | |
| Medical Supplies | 29.53% | |
| Medical Equipment | 16.00% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HARTA Hartalega Holdings Berhad | RM3.65 | 26.3% +RM2.6b | 36.2% | PS6.8x | |
| TOPGLOV Top Glove Corporation Bhd | RM1.20 | 31.1% +RM2.3b | 2.6% | PS4.7x | |
| KOSSAN Kossan Rubber Industries Bhd | RM2.48 | 8.3% +RM484.8m | 63.2% | PE474.5x | |
| SUPERMX Supermax Corporation Berhad | RM1.01 | 16.1% +RM357.9m | 1.5% | PS3.6x | |
| CAREPLS Careplus Group Berhad | RM0.35 | 14.8% +RM31.5m | 7.7% | PS1.2x |